Two US lawmakers are accusing seven of the largest American banks by total assets of failing to pass the benefits of a …
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Tag:
America
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Regulation
Bank of America CEO Says US Banking Industry To Jump Into Crypto Payments if Regulators Give Green Light: Report
by shayaanby shayaanBank of America CEO Brian Moynihan says US banks will start providing crypto payment services if federal regulators ever approve it. In …
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Markets
XRP and Solana Surge in Price Amid Rumors Trump Is Considering ‘America First’ Crypto Reserve: Report
by shayaanby shayaanSolana (SOL) and XRP both outperformed the overall crypto market on Thursday amid a report that President-elect Donald Trump is thinking about …
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Web3
Hypertec Cloud Partners With Potentia to Power Sustainable AI Cloud Expansion With Additional 480MW of Balanced Capacity Across North America
by shayaanby shayaanHypertec announces 480MW critical IT allocation from select Potentia data center campuses throughout the US HOUSTON, TEXAS / ACCESS Newswire / January …
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Mining
Singapore-based BitFuFu plans Oklahoma Bitcoin mining acquisition to expand in North America
by shayaanby shayaanBitmain-backed crypto mining firm BitFuFu has announced plans to expand into North America with the acquisition of a 51-MW Bitcoin mining facility …
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Adoption
Alchemy Pay Expands Its Presence in North America with Canadian MSB Registration
by shayaanby shayaanAlchemy Pay, a frontrunner in the provision of crypto solutions, has announced another registration. As per Alchemy Pay, it has effectively registered …
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Finance
US Lenders Lose $46,000,000,000 As Customers at Capital One, Citi, JPMorgan Chase, Synchrony, Discover, Citi and Bank of America Face Billions in Delinquencies
by shayaanby shayaanDefaults on credit card loans are skyrocketing in the US. Lenders are now witnessing a 14-year high in credit card defaults, reports …
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Finance
JPMorgan Chase, Bank of America, Citigroup and Wells Fargo Consolidate Power Over Banking Industry Amid Record Profit Share: Report
by shayaanby shayaanAmerica’s biggest banks are about to lock in their largest share of the banking industry’s profits in nearly ten years after an …
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Finance
$89,670,000,000 in Increasingly Risky Loans Flagged at JPMorgan Chase, Wells Fargo and Bank of America: Report
by shayaanby shayaanAmerica’s biggest banks are reporting a rapid increase in the number of substandard, doubtful and potentially loss-making loans on their balance sheets, …
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Regulation
Crypto founders reveal how they were debanked by America under Biden
by shayaanby shayaanCrypto founders are accusing the Biden administration of using America’s banking system as a weapon to crush the crypto industry. The allegations, …