The Federal Deposit Insurance Corporation (FDIC) is penalizing a Weir, Kansas-based bank with a monetary fine equal to over a quarter of …
Bank
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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). …
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Adoption
Italy’s largest bank Intesa Sanpaolo enters Bitcoin market with initial €1 million investment
by shayaanby shayaanIntesa Sanpaolo, Italy’s largest bank, has reportedly entered the Bitcoin market by acquiring €1 million worth of the leading digital asset. This …
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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 …