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Goldman Sachs Ranks Bitcoin Best Performing Asset so Far This Year
28.1.2023
Goldman Sachs has ranked bitcoin the best-performing asset so far this year. The cryptocurrency also tops the global investment bank’s list as the asset with the highest risk-adjusted return — above gold, real estate, the S&P 500, and the Nasdaq 100. Bitcoin Outshines Other...
Fed policy to align bank oversight could limit crypto activities by state banks
27.1.2023
The new policy would align the allowable activities for insured and uninsured state banks and OCC-supervised national banks by making rules for state banks more restrictive
Custodia Bank Denied Federal Reserve System Membership
27.1.2023
The Federal Reserve Board has denied Custodia Bank’s application for membership, claiming the crypto-focused institution’s “novel business model and proposed focus on crypto-assets presented significant safety and soundness risks.”
Fed denies Custodia Bank application to join the Federal Reserve System
27.1.2023
The bank applied for the application in 2019 and sued the Fed in an attempt to speed up a decision
Crypto Bank Silvergate Suspends Dividend on Preferred Stock
27.1.2023
The bank is looking to preserve capital as it navigates recent volatility in the crypto industry
Saudi Central Bank Says Ongoing CBDC Experiment Focused on Domestic Wholesale Use Cases
27.1.2023
Saudi Arabia’s central bank digital currency (CBDC) experiment, which is being carried out in conjunction with local banks and fintechs, is presently focused on domestic wholesale uses cases, the central bank has said. Meanwhile, the Saudi Minister of Finance has said CBDCs can be...
Coinbase Fined €3.3 Million in Netherlands, Exchange Considers Appeal
27.1.2023
The Dutch central bank has imposed a fine on crypto exchange Coinbase for providing services in the past without the necessary registration. The trading platform, which has until March to object to the measure, is currently considering an appeal against the move. Dutch Monetary Authority Fines...
'LEAKED BIDS' — Binance, Galaxy Digital among secret bidders for Celsius assets
27.1.2023
Crypto blogger Tiffany Fong has shared documents she claims to have obtained in late December detailing several bids for Celsius' crypto assets
ChatGPT learns Bitcoin will end central banking and fiat currency
26.1.2023
A Bitcoin mentor convinced ChatGPT, the AI chatbot, that Bitcoin would bring about the demise of fiat currency
Coinbase Fined $3.6M by Dutch Central Bank for Failing to Obtain Proper Registration before Operating
26.1.2023
United States-based cryptocurrency exchange Coinbase has been fined €3.3 million ($3.6 million) by the Dutch central bank (DNB) for failing to obtain the required registration before operating in the jurisdiction.
In a Thursday press release, the DNB detailed that digital asset service providers...
Breaking: Coinbase fined in the Netherlands for $3.6M
26.1.2023
U.S.-based crypto exchange Coinbase is fined by the Dutch central bank for 3.3 million euros ($3.6 million) for the lack of registration
Ireland's Central Bank Governor calls for ban on crypto ads targeting young adults: Report
25.1.2023
Gabriel Makhlouf reportedly said there was an “uncomfortable” level of crypto advertisements targeting young adults
Irish Central Bank Chief Calls for Ban on Crypto Advertising: Bloomberg
25.1.2023
Gabriel Makhlouf said crypto has "no social value whatsoever" during a parliamentary session in Ireland on Wednesday
Bank of Canada Signals Pause to Rate Hike Cycle
25.1.2023
Bitcoin is mostly ignoring the news, but it's a potentially bullish sign
Sweeping Crypto Regulation? First Update the Bank Secrecy Act
25.1.2023
Saudi Central Bank still researching CBDC, but no decision on deployment
25.1.2023
Saudi Arabia's central bank stressed that no decision has been made to launch a CBDC in the Kingdom, but it will continue to research use cases
Stablecoins and CBDCs might play 'meaningful role' in payments — Visa CEO
25.1.2023
Visa began working on a blockchain interoperability project in Sept. 2021 to support CBDC and stablecoin adoption but few updates have been made since
Bank of America, JPMorgan, Wells Fargo Collaborate to Launch Digital Wallet: Report
25.1.2023
Seven major banks, including Bank of America, JPMorgan Chase, and Wells Fargo, have reportedly teamed up to launch a digital wallet that will compete with other third-party wallet providers such as Paypal and Apple Pay. Big Banks to Launch a Digital Wallet Bank of America, JPMorgan Chase, Wells...
UK gov't is hiring a central bank digital currency lead for Treasury team
24.1.2023
The team lead will determine the “strategic direction” for Treasury’s efforts to develop a digital pound in line with the U.K. government’s agenda
Ghanaian Cedi Second Worst-Performing Asset Among Sub-Saharan Africa’s Top 15 Currencies
24.1.2023
In just the first 17 days of the new year, the Ghanaian currency reportedly depreciated by 12.7%, making it the second worst-performing among Sub-Saharan Africa’s top 15 currencies. While one U.S. dollar bought 13.10 units of the cedi on the parallel market, according to the latest Bank...