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Nalezeno "San Francisco": 152

San Francisco Fed President Deems 2 Rate Hikes in 2023 ‘Reasonable,’ Urges Caution in Monetary Policy

26.6.2023
Mary Daly, the president of the San Francisco Federal Reserve Bank, expressed her views this week, stating that she believes two additional rate hikes this year would be appropriate. However, she maintains a neutral stance regarding the forthcoming July Federal Open Market Committee (FOMC) meeting...

Biden to discuss dangers of AI in San Francisco meeting with experts

20.6.2023
The U.S. president will meet with AI experts to discuss safety, policy and opportunities while he’s in San Francisco

Crypto Payments Firm Wyre Shuts Down — Users Told to Remove Assets From Platform

18.6.2023
Wyre, the San Francisco-based crypto payments firm, has said it is winding down operations “in order to protect the best interests” of its users and stakeholders. The firm urged users with assets on its platform “to continue to withdraw them via Wyre’s dashboard until Friday, July...

Coinbase Introduces 4% USDC Rewards Amidst SEC Dispute

16.6.2023
On June 15, the San Francisco-based cryptocurrency exchange Coinbase announced that customers can now earn 4% rewards on the stablecoin USDC. The news follows Coinbase’s current dispute with the U.S. Securities and Exchange Commission (SEC) over the firm’s staking-as-a-service product....

SEC Seeks Court Approval to Freeze Binance US Crypto Assets, Citing Customer Safety Concerns

7.6.2023
Seeking court approval, the U.S. Securities and Exchange Commission (SEC) is actively pursuing a measure to freeze cryptocurrency assets linked to Binance US. In order to to “ensure the safety of customer assets,” the securities regulator deems this action as an urgent necessity. SEC Files...

Coinbase Becomes the Latest Target of SEC: Accused of Unregistered Brokerage and Securities Violations

6.6.2023
After the U.S. Securities and Exchange Commission (SEC) sued Binance, it has now filed a legal case against the San Francisco-based exchange, Coinbase. The SEC alleges that Coinbase breached multiple securities regulations and has been functioning as an unregistered broker since 2019. SEC Alleges...

Bitcoin Lightning company River raises $35M amid ‘new wave of institutional adoption’

16.5.2023
“We’re seeing another wave of Bitcoin interest, largely driven by business and institutional adoption,” says Alex Leishman, River CEO. “It’s not fueled by hype.”

The role of central limit order book DEXs in decentralized finance

16.5.2023
A look at the role of central limit order book DEXs in DeFi

Coinbase Launches International Exchange for Bitcoin and Ether Perpetual Futures

2.5.2023
Coinbase, the San Francisco-based cryptocurrency exchange, recently announced the launch of a new service called Coinbase International Exchange. The new platform will enable institutional users outside of the United States to trade bitcoin and ethereum perpetual futures. The company stated in...

Coinbase Shares Wells Response, Challenges SEC’s Change in Attitude Towards Its Core Businesses

28.4.2023
On April 27, Coinbase, the crypto exchange based in San Francisco, made public the disclosure of its response to the Wells notice it had received from the U.S. Securities and Exchange Commission (SEC) back in March. The company maintained that the regulatory body’s enforcement actions were...

Kraken asks San Francisco court to intervene against IRS demands

27.4.2023
Kraken has joined Coinbase in an effort to push back against the growing regulatory scrutiny by U.S. regulators

San Francisco authorities make arrest in stabbing of Cash App creator Bob Lee

13.4.2023
Police chief Bill Scott said there was evidence that the suspect and Bob Lee knew each other but did not comment on the possible motive of the attack

Cash App creator dies following stabbing in San Francisco

5.4.2023
Bob Lee, the creator of Cash App and the former technology chief at Square has died after he was stabbed by an unknown attacker

San Francisco's Move to Hire CBDC Developer Signals Digital Currency Progress – Here's the Latest

20.2.2023
Joining the growing ranks of public actors across the world who wish to jump on the central bank digital currency (CBDC) wagon, the Federal Reserve Bank of San Francisco is looking for an experienced CBDC developer under a job opening titled “Senior Application Architect - Digital Currency”. The...

San Francisco Fed is Seeking CBDC Developer as More Countries Join the Race

19.2.2023
The Federal Reserve Bank of San Francisco has announced a vacancy for a CBDC developer as the federal bank aims to explore the cost and benefits of the potential technologies for central bank digital currencies. The San Francisco Fed posted a job opening titled “senior application developer...

San Francisco federal bank eyes CBDC system development, reveals job posting

19.2.2023
Within 24 hours of the job posting, 45 applicants have shown interest in joining the federal government to build an in-house CBDC

Payments Giant Visa Proposes Using Ethereum L2 Starknet to Bolster Auto Payments for Self-Custodial Wallets

21.12.2022
Visa, the financial services corporation headquartered in San Francisco, California, published a blog post that talks about leveraging ethereum and the layer two (L2) scaling solution Starknet so people with self-custodial wallets can pay their bills. The blog post notes that while Ethereum doesnt...