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Nalezeno "US Banking": 2174

Meta Spends USD 60M On Rights, Trademarks To Secure Its New Name

14.12.2021
  Facebook’s parent company Meta is determined to spend USD 60m to acquire the naming rights owned by the US bank Meta Financial Group, the latter company disclosed in a recent regulatory filing.  Earlier this month, Meta Financial Group executed a purchase agreement with Beige Key LLC,...

Visa Doubles Down on Its Crypto Bet, Launches Crypto Consulting Service

8.12.2021
  Multinational financial services giant Visa is pushing deeper into the booming crypto market, launching crypto advisory services to help clients understand various segments of the crypto industry. In an announcement, the payment network acknowledged that "digital currencies are taking greater...

Bitcoin Competing with the US Banking System

2.12.2021
The Securities and Exchange Commission (SEC) Chairman Gary Gensler stated on Wednesday, 1st December that Bitcoin is a rival to the US financial system and its global consensus. Gensler spoke at the DACOM Summit 2021, a live-streamed regulatory and marketplace integrity event on Wednesday. The...

FMFW․Io Has Listed Crypto Perx (CPRX)

25.11.2021
PRESS RELEASE. Crypto Perx will be listed, starting today, November 22nd on FMFW.io cryptocurrency exchange. It is a new utility token (ERC20) based on the Ethereum Blockchain. CRPX was developed by the Crypto Banking Alliance (CBA), also known as Auriga Alliance AG, and the first project having...

Russians to Pay Fees on Digital Ruble Transactions, Central Bank Says

21.11.2021
Users of Russia’s central bank digital currency are going to pay a fee for each transaction, a high-ranking representative of Bank of Russia has recently announced. The digital ruble charge, however, is not going to exceed those currently applied to fast payments in the country. Bank...

A US Fed Governor Argues That Stablecoins Scaling Fast is Not a Concern

19.11.2021
There is no reason to worry about fast-growing stablecoins if “sufficient competition” exists both within the industry and outside of it, a governor of the US Federal Reserve suggested in a speech this week.... Read More: A US Fed Governor Argues That Stablecoins Scaling Fast is Not a Concern

Play-to-Earn Games Offer Alternative for Unbanked in South East Asia

18.11.2021
Crypto-based play-to-earn games like Axie Infinity (AXS) are paving the way for unbanked people in some countries in South East Asia to bypass dealing with banks altogether, and instead rely on their play-to-earn accounts, panelists at a discussion about blockchain gaming in South East Asia...

Interest Rates: Why the Era of Cheap Money Is Finally Ending

14.11.2021
John Whittaker, Senior Teaching Fellow in Economics, Lancaster University.____ The Bank of England was widely expected to slightly increase its official bank rate on November 4, but it decided to stick to the all-time low of 0.1%. However, the bank has made it clear that a rise will soon...

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