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Nalezeno "AI in banking": 2164

State of Crypto: Interpreting the Paxos-Binance Tea Leaves

15.2.2023
Remember how the U.S. Securities and Exchange Commission’s declaration of war against crypto staking was big news for like two days? This week we’re looking at the other big news from last week: Paxos and the Binance USD stablecoin it issues. The SEC has apparently alleged the sale of BUSD violates...

Today in Crypto: El Salvador’s Bitcoin Embassy in USA, Japanese Banking Giant Invests in Infinity, Kansas May Cap Election Donations in Crypto to $100

15.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: El Salvador’s Bitcoin Embassy in USA, Japanese Banking Giant Invests in Infinity, Kansas May Cap Election...

Sen. Warren vows reintroduction of AML bill that extends to DAOs and DeFi

15.2.2023
While the Senator did not expand on other details of the upcoming bill, she suggested that DeFi should not be exempt from AML laws

Crypto's Banking Problem: Industry Needs Access but US Regulators Keep Digital Assets at Bay

13.2.2023
Crypto can’t become what many of its proponents want it to be without banks, but U.S. regulators are circling the wagons around the banking system they oversee. That barrier is only getting wider as the Federal Reserve and other agencies turn away crypto firms trying to link with the traditional...

Digital Gold Traded for Digital Rubles by Russia’s Rosbank

9.2.2023
Rosbank has brokered Russia’s first deal involving the exchange of tokenized gold with the digital version of the Russian national fiat currency, the ruble. The successful transaction demonstrates the growing interest in digital financial assets and the need for digital ruble payments, the banking...

US banking giant BNY Mellon says digital assets are 'here to stay'

9.2.2023
Despite most of the cryptocurrency market being down 60% from all time highs, Demissie said the digital asset industry is “here to stay.”

Law Firm Subpoenas FTX Co-Founder, Top Executives, and Former Alameda CEO Over Voyager Digital Deal

7.2.2023
On Feb. 6, 2023, law firm Kirkland & Ellis issued a subpoena to FTX co-founder Sam Bankman-Fried and top executives on behalf of Voyager Digital. The subpoena requested they produce documents and communications related to the “Alameda Loan Agreement” between Alameda Ventures...

Binance Halting US Dollar Deposits and Withdrawals via Bank Accounts

7.2.2023
Global crypto exchange Binance is suspending deposits and withdrawals in U.S. dollars via bank accounts starting Wednesday as more and more banking institutions try to reduce their exposure to the crypto market. “We are working hard to restart service as soon as possible,” Binance said....

Russia’s Largest Private Bank Launches Digital Asset Platform

5.2.2023
Alfa-Bank, one of the major Russian banking institutions, has established its own platform for digital financial assets. The launch became possible after Russia’s monetary authority added Alfa-Bank to its register of digital asset issuers this week. Privately-Owned Alfa-Bank Sets Up Digital Asset...

Today in Crypto: Ethereum to Activate Zhejiang Testnet Next Week, Sberbank to Release a DeFi Platform by May, Titan Comics to Launch a Comic Series Based on Nouns NFTs in April

3.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Ethereum to Activate Zhejiang Testnet Next Week, Sberbank to Release a DeFi Platform by May, Titan Comics...

US Senate Banking Committee to Hold ‘Crypto Crash’ Hearing This Month

3.2.2023
The crypto industry’s 2022 dramas will again fall under the U.S. Senate’s microscope this month when the Senate Banking Committee holds a Feb. 14 hearing to examine financial system protections from the dangers seen in digital assets

Senate Banking Committee's priorities for new Congress include crypto: Report

2.2.2023
Senator Tim Scott, who became the committee ranking member following the departure of Pat Toomey, reportedly plans to make a crypto regulatory framework a priority in 2023

Banking Startup LevelField Aims to Become First FDIC-Insured Institution to Offer Crypto Services

1.2.2023
LevelField inched closer to its goal of offering both traditional and crypto banking services following its acquisition of the FDIC-insured Burling Bank

Nigeria Extends Deadline for Returning Soon-to-Be Demonetized Naira Banknotes

1.2.2023
After initially ignoring pleas to extend the period for returning old naira banknotes, the Nigerian central bank recently said it has shifted the deadline for returning old banknotes to Feb. 10. The bank’s governor, Godwin Emefiele, said some 30,000 so-called super agents have been deployed...

Today in Crypto: Bitcoin Suisse Joins Liquid Collective to Enable ETH Staking, METACO Partnered with DekaBank, Celsius ‘Abandoned Promise of Transparency from Start’

31.1.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Bitcoin Suisse Joins Liquid Collective to Enable ETH Staking, METACO Partnered with DekaBank, Celsius...

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 Gets the Regulation It Deserves

26.1.2023

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

‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU Parliament

26.1.2023
Lawmakers in the European Union have backed legislation imposing new capital requirements for financial institutions, including strict rules meant to cover crypto-related risks. The latter concern banks keeping digital assets and are expected to enter into force in January, 2025. EU Legislators...