According to David Eastman, Yougov’s managing director for Latin America, this shows the advance of crypto in Brazil and should serve as …
Bank
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Regulation
JPMorgan Chase, Wells Fargo, Bank of America, Citigroup and Morgan Stanley Examining or Eliminating DEI Language After Trump’s Executive Order: Report
by shayaanby shayaanBig banks are quietly scrubbing the public record of their diversity, equity and inclusion (DEI) policies following US President Donald Trump’s upheaval …
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Analysis
Billionaire Warren Buffett Amasses Record $334,000,000,000 Cash Position At Berkshire Hathaway After Dumping $5,500,000,000 of Exposure To Bank of America
by shayaanby shayaanInvesting legend Warren Buffett has built a record $334 billion cash position at Berkshire Hathaway. The firm’s new fourth-quarter and yearly earnings …
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Major cryptocurrency exchange Bybit has seen total outflows of over $5.5 billion after it suffered a near $1.5 billion hack that saw …
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Finance
Swiss-regulated Sygnum Bank weighs in on mainstream enthusiasm for crypto ETFs
by shayaanby shayaanMax Stuedlein, head of strategic digital asset solutions at Sygnum Bank challenged the mainstream enthusiasm around crypto exchange-traded funds. Stuedlein opined that …
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Markets
European Central Bank to Work on Settlement System for Distributed-Ledger Transactions
by shayaanby shayaanThe European Central Bank (ECB) said it is looking to develop a way of settling distributed-ledger technology (DLT) transactions with fiat currency …
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Regulation
German Central Bank President Calls for Introduction of CBDCs To Protect European Sovereignty
by shayaanby shayaanThe president of Germany’s monetary authority is advocating for a central bank digital currency (CBDC). In a question-and-answer session with economists at …
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Analysis
Bank of New York Mellon Holds $13,280,431 Worth of Bitcoin (BTC) Exchange-Traded Funds: SEC Filing
by shayaanby shayaanThe Bank of New York Mellon (BNY) is holding more than $13 million worth of shares in Bitcoin (BTC) exchange-traded funds (ETFs). …
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Finance
Germany’s central bank chief pushes for sovereign digital euro, still sees Bitcoin as ‘digital tulip’
by shayaanby shayaanBundesbank president Joachim Nagel says the European Union needs state-controlled digital currency as a safeguard against private sector dominance in global finance. …
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Regulation
Unnamed US Bank Turned On a Dime To Refuse Service to Crypto Firm Anchorage Digital, According to CEO: Report
by shayaanby shayaanA high-profile CEO in the crypto space reportedly says that an American bank suddenly decided to shut the company out from banking …