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Nalezeno "US Bank": 8973

Russian Central Bank Ramps up USD Exchange Rate as Ruble Run Worries Mount

25.2.2022
Russia’s Central Bank is desperately trying to avoid a run on the fiat ruble in response to incoming sanctions measures from the EU, the United States, and their allies. And as the Ukraine crisis deepens, the bank has unleashed yet more extreme measures – which may eventually include freezing...

Crypto Donations Pour into Ukraine - Here's How You Can Contribute

25.2.2022
Cryptoassets are proving themselves to be a useful method to raise money for organizations in Ukraine, as banks implement new restrictive measures and at least one fiat-based fundraising service has suspended donations to a Ukrainian non-profit.... Read More: Crypto Donations Pour into Ukraine...

Apple Pay to halt support for Russian banks sanctioned on war in Ukraine

25.2.2022
Russians cashed out over $1.3 billion from banks on the first day of Russia’s invasion of Ukraine, the largest amount since the onset of COVID-19

Central Bank of Argentina Prepares New Regulations for Digital Wallets

25.2.2022
The Central Bank of Argentina is reportedly working on a new group of regulations seeking to control the totality of the digital wallets in the country. This new legal framework is directed at stopping fraud said to be facilitated by these tools. According to leaks on local media, the publication...

Saxo Bank Shows Growth in Client Count While Profits Remain Marginal

25.2.2022
The annual financial reports for the Denmark-based Saxo Bank came in earlier this week. While the bank scored less exceptionally in terms of profits, the phenomenal growth in client count makes up for the moderate performance. Compared to the previous year’s revenue of 750 million Danish...

BitMEX founders plead guilty to Bank Secrecy Act violations

25.2.2022
Arthur Hayes and Benjamin Delo will each have to pay a fine for their part in flouting the Bank Secrecy Act and operating what the DOJ called a “money laundering platform.”

Ukraine Central Bank Limits Cash Withdrawals Amid Russian Assault

24.2.2022
The central bank of Ukraine has capped withdrawals of cash in national fiat and banned those in foreign currency. The monetary authority says the measures aim to ensure the functioning of the nation’s financial system under the martial law introduced in response to Russia’s military...

President Biden Announces Technology Export Controls, Bank Sanctions Against Russia

24.2.2022
Several European countries have also announced sanctions to try and force Russia to cease hostilities after it invaded Ukraine

Bitcoin, the Ukraine Crisis and the Central Bankers Dilemma

24.2.2022
James Butterfill is Investment Strategist and Christopher Bendiksen is the Bitcoin Research Lead at major European digital asset investment firm CoinShares. __________ Bitcoin (BTC) had an immediate price response to the Ukraine invasion when the news broke early this morning. It has become...

Swiss Crypto Bank SEBA Gets License to Operate in UAE Financial Center

24.2.2022
The Swiss crypto bank, SEBA Bank, was recently granted a license to operate in the Abu Dhabi Global Market (ADGM), the UAE’s financial center. The license allows SEBA to conduct regulated services. SEBA’s Strategy The Swiss-registered digital asset bank, SEBA Bank, has been granted...

With War Starting and Markets Dropping, Questions Multiply About Central Banks’ Policies

24.2.2022
As bitcoin (BTC) and crypto markets in general have gone down over the past day and week, amid the escalating tension between Russia and Ukraine, sanctions imposed on the former, and today’s invasion of the latter – more questions keep popping up about the EU and the US central banks’ upcoming...

Russia to seize retail deposits if sanctions go too far, official warns

24.2.2022
Russia’s largest bank, Sberbank, has denied its own supposedly false statement on being included in the U.S. sanctions list on Thursday

Ukraine Central Bank Suspends Use of Electronic Money Following Russian Invasion

24.2.2022
Ukraine's central bank banned the issuance of electronic money and the replenishment of electronic wallets following Russia's invasion

Canadian Regulator Alerts Police to Tweets by Coinbase and Kraken Advocating Non-Custodial Wallets

23.2.2022
Canada’s securities regulator has flagged tweets by Coinbase CEO Brian Armstrong and Kraken CEO Jesse Powell encouraging people to use non-custodial wallets to evade freeze orders by the Trudeau government. “We are aware of this information and have shared it with the RCMP...

Bank of Spain Governor Warns About Traditional Banking’s Exposure to Crypto Assets

23.2.2022
The Governor of the Bank of Spain has alerted the public about the risks mixing traditional banks with crypto assets might bring to the economic system. Pablo Hernández de Cos stated that the direct or indirect exposure to these assets would increase the risks associated with the financial...

Russia’s Finance Ministry Submits Bill to Legalize Crypto Investments, Ban Payments

22.2.2022
Russian Ministry of Finance has prepared and submitted a new bill to expand crypto regulations to the government. The law “On Digital Currency” aims to introduce rules for investment in cryptocurrencies while at the same time cementing a ban on their use in payments. Draft...

Caribbean CBDC Stays Down for More Than a Month as Technical Woes Continue

22.2.2022
DCash, a central bank digital currency (CBDC) commissioned by the Eastern Caribbean Central Bank (ECCB), has remained offline for more than a month as technical issues continue to impact the platform, triggering growing concern among its users. “The DCash platform remains unavailable, resulting...