The European Union’s central bank is reportedly pushing for a digital euro to counter US President Donald Trump’s embrace of dollar-pegged private …
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Tag:
Bank
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Regulation
Bank Abruptly Shut Down by US Authorities in First Bank Failure of 2025
by shayaanby shayaanUS regulators have abruptly shut down a bank in Illinois in the first bank failure of 2025. The Federal Deposit Insurance Corporation …
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Markets
Bitcoin Steady Near $104K After Bank of Japan Delivers Hawkish Rate Hike
by shayaanby shayaanBitcoin (BTC) held steady during Friday’s Asian hours after Bank of Japan (BOJ) lifted the benchmark borrowing cost to the highest in …
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Markets
President Trump Signs Executive Order To ‘Evaluate’ Strategic Bitcoin and Crypto Reserve, Ban Central Bank Digital Currency, Boost Stablecoins
by shayaanby shayaanPresident Trump just signed an executive order to evaluate the creation of a strategic national Bitcoin and crypto stockpile, as well as …
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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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Regulation
JPMorgan Chase Spends $2,140,000,000 Battling Bank Lawsuits and Federal Agencies in Two Years: Report
by shayaanby shayaanNew filings from JPMorgan Chase reveal how much money the biggest bank in the US is spending on legal battles. The bank’s …
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Regulation
US Banking Regulator FDIC Hits Bank With $20,448,000 Penalty – About a Quarter of the Lender’s Total Assets
by shayaanby shayaanThe Federal Deposit Insurance Corporation (FDIC) is penalizing a Weir, Kansas-based bank with a monetary fine equal to over a quarter of …
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Finance
Swiss AMINA Bank removes custody fees for USDC to woo stablecoin holders
by shayaanby shayaanSwiss AMINA Bank has waived custody fees for USDC holders, offering quarterly rewards and asset protection to boost stablecoin adoption. Crypto-friendly AMINA …
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A new study found that typical Kenyan crypto users to be under 40. Kenyans not only trade cryptocurrencies but use them for …
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Regulation
Trump’s Choice for Treasury Secretary Sees ‘No Reason’ for the US To Roll Out a Central Bank Digital Currency
by shayaanby shayaanPresident-elect Donald Trump’s pick for Treasury Secretary does not think that the US needs to launch a central bank digital currency (CBDC). …