Eduardo Nogueira Liberato, an official from the Central Bank of Brazil, stated that this stablecoin proposal is not set in stone, and …
Bank
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Scams
Bank of Korea Exploring Using ‘Stablecoins Issued by the Private Sector’
by shayaanby shayaanIn brief The Bank of Korea is considering issuing deposit tokens on a public blockchain to coexist with private stablecoins. $19.5 billion …
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Analysis
JPMorgan, Bank of America, Citi and Wells Fargo Weighing Joint Stablecoin Launch: Wall Street Journal Report
by shayaanby shayaanTop US banks are considering teaming up on a stablecoin, according to a Wall Street Journal report. JPMorgan Chase, Bank of America, …
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Dominari Holdings Inc., a small investment bank based in Trump Tower, is stockpiling bitcoin as it pivots deeper into crypto, Bloomberg first …
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Regulation
House Committee Pressures JPMorgan Chase, Bank of America to Abandon Major Hong Kong Deal
by shayaanby shayaanChina hawks in Congress are pressuring executives at the financial giants JPMorgan Chase and Bank of America to back out of their …
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USDT Faces Restriction in Russia: New Central Bank rules likely exclude USDT from domestic use, citing concerns over sanctions and wallet freezes. …
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Regulation
Cincinnati’s Fifth Third Bank expands crypto push as US rules take shape
by shayaanby shayaanBen Hoffman, Chief Strategy Officer and Head of Consumer Products at Fifth Third Bank says the company is considering expanding its cryptocurrency …
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Regulation
LIBRA case judge orders full disclosure of Javier Milei bank accounts
by shayaanby shayaanAn Argentinian judge has ordered Javier Milei’s bank secrecy privileges to be revoked amidst an ongoing case probing the dealings of the …
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Regulation
Capital One Paying $425,000,000 To Customers After Allegedly Cheating Clients Out of Higher Returns on Bank Balances
by shayaanby shayaanUS financial giant Capital One will hand $425 million to customers in a massive class action settlement. Account holders accused the bank …
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Analysis
Billionaire Warren Buffett Dumps $3,230,000,000 of Berkshire’s Exposure To Citigroup, Bank of America and Capital One After Exiting Wells Fargo, JPMorgan Chase
by shayaanby shayaanBillionaire Warren Buffett just sold about $3.23 billion of Berkshire Hathaway’s stake in Citigroup, Bank of America and Capital One. After eliminating …