Search

Nalezeno "banks": 3625

Africa: The next hub for Bitcoin, crypto adoption and venture capital?

29.3.2023
Cointelegraph’s Elisha Owusu Akyaw shares how cryptocurrency is changing the financial landscape in Africa — and the opportunities and challenges that come with it

Fed Bank President: Banking Crisis Tips US Economy Toward Recession

29.3.2023
The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, says the current banking crisis has pushed the U.S. economy closer to a recession. “We have fundamental issues, regulatory issues facing our banking system,” the Fed official stressed. Neel Kashkari on U.S....

Crypto-friendly banks mismanaged traditional risks, FDIC head tells Senate hearing

28.3.2023
It all started with FTX, FDIC head Martin Gruenberg said; he emphasized that the American banking system remains sound

French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal Fraud

28.3.2023
On Tuesday, French officials conducted raids on five major banks located in and around Paris, including Societe Generale, BNP Paribas, HSBC, Natixis, and BNP’s Exane Bank, over alleged charges of money laundering and fiscal fraud. According to a spokesperson for France’s Financial...

European Banking Federation shares its vision of digital euro, wCBDC, bank tokens

28.3.2023
The EBF calls itself the voice of the European banking sector; it expressed its support for European digital money, with suggestions of its own

Adoption and nerves — Crypto pumps amid banking crisis

28.3.2023
Despite four major banks imploding recently, Bitcoin remains resilient, but questions persist over the long-term sustainability of its ongoing rally

Crypto Firms in Hong Kong Get Boost as Regulators Host Meeting with Bankers

28.3.2023
Hong Kong officials plan to host a meeting between crypto companies and bankers in an attempt to ease financing for the sector as the city pushes toward becoming a global crypto hub. The meeting, scheduled for April 28 at the Hong Kong Monetary Authority, is intended to “facilitate direct dialog”...

Bitcoin Millionaire Tim Draper Advises Startups to Keep Bitcoin as a Hedge Against a ‘Domino’ Run on the Banks

28.3.2023
Tim Draper, a venture capitalist and bitcoin millionaire, has included bitcoin as part of a series of cash management recommendations offered to startup founders. Draper recommended having at least two payrolls worth of cash in bitcoin or other cryptocurrencies to avoid being affected by bank...

First Mover Asia: China’s State-Owned Banks Are Soliciting Hong Kong Crypto Business, but Opening an Account Is Hard

28.3.2023
Are bitcoin traders shrugging off the CFTC's action against Binance? Or is there just not enough liquidity to go around?

U.S. Bank Regulators Investigating Leaders of the Failed Tech Banks

27.3.2023
The Federal Deposit Insurance Corp. is investigating the actions of the leaders of Signature Bank and Silicon Valley Bank to hold them accountable for their collapses, said Chairman Martin Gruenberg, who detailed their mismanagement and dangerous business concentrations – especially in digital...

Experts Predict More Bank Failures in the US Following Interest Rate Hike and Unsettled Banking Crisis

27.3.2023
After the recent bank collapses in the U.S., a number of people believe that more failures are coming following the Federal Reserve’s increase of the benchmark interest rate by 25 basis points (bps). American journalist Charles Gasparino insists that Wall Street’s “low-rate”...

FaZe Clan Stock Price Too Embarrassing For Wall Street

27.3.2023
Less than a year into gaming content creator mega-brand FaZe Clan’s disastrous Wall Street experiment, the Nasdaq has said please, no more. The New York-based stock exchange sent a “Notice of Delisting” last week to the esports company threatening to drop it from trading if it doesn’t get its stock...

UBS’s acquisition of Credit Suisse brings some good and bad for crypto

27.3.2023
Many in Switzerland have said that UBS’ takeover of Credit Suisse was necessary to avoid a calamitous banking crisis like that seen in 2008

A friend in need: How the crypto industry reacts to recent bank bailouts

27.3.2023
With a focus on sovereignty and creating an alternative to traditional financial systems, how is the crypto community reacting to government intervention in the recent bank crisis?

Bitcoin Has Benefited From U.S. Dollar Liquidity to Support Banks: Morgan Stanley

27.3.2023
Traders on Binance now set the daily price for BTC with the crypto exchange’s share of trading volume reaching 80%, the report said

Analyst Predicts Gold Prices Might Exceed $8,000 in the Next Decade as Central Banks Lose Confidence in Foreign Currency

27.3.2023
Jan Nieuwenhuijs, a gold market analyst, has predicted that gold might exceed prices of $8,000 during the next decade, as the current Ukraine-Russia war, and the worldwide battle against inflation, shift the preference of central banks for foreign currencies to gold. The proposed long-term price...

Chinese State-Owned Banks Extend Crypto-Friendly Hand to Hong Kong Firms

27.3.2023
China’s state-owned banks are offering services to local cryptocurrency companies in Hong Kong as the city embraces a more friendly regulatory stance. According to a Monday report from Bloomberg, a number of Chinese state-owned banks in Hong Kong have started offering services to crypto...