The Federal Deposit Insurance Corporation (FDIC) just announced the second bank failure of 2025. Regulators say The Santa Anna National Bank has …
Bank
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Regulation
‘Mastermind of a Complex Web of Deception’ – Ringleader Ran Nationwide Bank Fraud and Money Laundering Operation That Stole $2,000,000: DOJ
by shayaanby shayaanThe Federal Bureau of Investigation (FBI) says an “elusive” Nigerian man has been convicted of running a nationwide banking and money laundering …
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Finance
BipTap and Al Fardan Ventures Partner to Launch Global Digital Bank from Abu Dhabi
by shayaanby shayaanBipTap (a UAE-based crypto-on-ramp solution) and Al Fardan Ventures (the investment division of the Al Fardan Group) signed an MoU (memorandum of understanding) to …
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Regulation
TD Bank Employee Accepts Bribes To Open 140 Fraudulent Accounts for Unknown Individuals: U.S. Department of Justice
by shayaanby shayaanA former employee at a commercial bank in the US just pleaded guilty to accepting bribes to open more than 100 accounts …
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Regulation
Kraken secures MiCA license via Central Bank of Ireland to ensure EU operations continue
by shayaanby shayaanKraken has become the first major global crypto exchange to secure a full Markets in Crypto-Assets (MiCA) license through the Central Bank …
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Finance
South Korea’s Largest Bank KB Kookmin Files Registration Application for Stablecoins! Here Are the Details
by shayaanby shayaanSouth Korea’s largest bank, KB Kookmin, has filed 17 different stablecoin-focused trademark applications in parallel with efforts to create the legal basis …
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Analysis
Barclays To Ban All Crypto Transactions on Its Bank Cards, Citing Volatility Risks
by shayaanby shayaanOne of the biggest financial institutions based in the United Kingdom (UK) is blocking all crypto transactions on its bank cards. In …
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LONDON, June 24 (Reuters) – The Bank for International Settlements issued its starkest warning yet on the risks posed by stablecoins and …
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Finance
Japan’s central bank eyes crypto as contender in its post-cash economy
by shayaanby shayaanBank of Japan officials are beginning to acknowledge what once seemed outlandish: that cryptocurrencies could one day become a major part of …
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BOE Governor has cast doubt on the case for a digital pound for consumers, questioning its necessity even as the central bank …