Intesa Sanpaolo, Italy’s largest bank, has reportedly entered the Bitcoin market by acquiring €1 million worth of the leading digital asset. This …
Bank
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Regulation
New York and Bank of England collaborate to align global crypto regulations
by shayaanby shayaanThe New York Department of Financial Services (NYDFS) has announced a partnership with the Bank of England (BOE) to launch an international …
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Regulation
India central bank unveils expert committee for ethical AI framework
by shayaanby shayaanThe Reserve Bank of India (RBI) has announced the composition and scope of work for the expert committee for an ethical artificial …
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Regulation
Police Allowed To Freeze Bank Accounts As New ‘Last Resort’ Law Targets Scammers – Here’s Where It’s Happening
by shayaanby shayaanOne of the world’s largest financial hubs just passed a law giving police the authority to freeze citizens’ bank accounts. Lawmakers in …
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On Friday, China’s central bank took steps to support the yuan, which has been losing ground, with its depreciation being viewed as …
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DZ Bank has launched a platform for managing crypto securities, aiming to streamline capital market processes using blockchain technology. Collaboration with Ripple …
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Banco of Investimentos Globais (BiG), one of Portugal’s largest banks, started blocking fiat transfers to crypto platforms, according to a notification shared …
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The Governor of the Czech National Bank (ČNB), Aleš Michl, said the central bank is considering allocating Bitcoin (BTC) to diversify its reserves …
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Regulation
New EU travel rules go into effect in 2025, non-compliant tokens and bank cards affected
by shayaanby shayaanThe European Union (EU) is rolling out significant travel regulation changes starting in 2025, with new rules affecting the use of bank …
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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 …