The Czech National Bank (CNB) announced plans to explore the potential inclusion of Bitcoin (BTC) in its reserve assets on Jan. 30. …
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Bank
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Markets
Czech National Bank Approves Proposal to Study Bitcoin as Reserve Asset
by shayaanby shayaanCould Bitcoin (BTC) soon find its way on to the balance sheet of a European central bank? That possibility took at least …
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Regulation
Wells Fargo and Merill Lynch Paying $60,000,000 Fine for Allegedly Shortchanging Customers While Making Bank on Client Cash
by shayaanby shayaanTwo Wall Street titans are shelling out a combined $60 million to the U.S. Securities and Exchange Commission for allegedly serving their …
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Regulation
European Central Bank Pushing for Digital Euro To Counter Trump’s Support for Stablecoins: Report
by shayaanby shayaanThe 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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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 …