The Federal Deposit Insurance Corporation (FDIC) is launching a new set of regulatory changes to encourage the formation of new banks, improve …
Bank
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Regulation
Bank of Englan’s crypto skeptic Andrew Bailey to lead global bank regulator group
by shayaanby shayaanAndrew Bailey, a long-time skeptic of crypto, has been unanimously selected to lead an international body that monitors the global financial system. …
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Itaú Unibanco, Brazil’s largest bank by assets, is exploring whether to issue its own stablecoin as regulatory discussions evolve and U.S. financial …
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Finance
Russia’s central bank weighs CBDC launch delay to mid-2026 over migration issues: report
by shayaanby shayaanThe Bank of Russia is reportedly pushing back the digital ruble’s launch to mid-2026 as banks face hurdles in migrating from foreign …
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Itaú Unibanco, the largest banking institution in Brazil, is considering the issuance of a stablecoin, cautiously hoping to learn from the experiences …
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Finance
How Will Donald Trump’s Tariffs Affect Dollar Strength? Will the US Enter a Recession? Here’s the Bank of America View
by shayaanby shayaanThe strength of the US dollar may not be sustainable if US President Donald Trump moves forward with sweeping tariffs, according to …
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Bpifrance, a French state-owned investment bank, plans to invest 25 million euros ($27 million) in digital assets as part of an initiative …
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Regulation
Billion-Dollar Bank Accused of Executing $25,000,000 in Unauthorized Transactions, Quietly Draining Customers’ Accounts
by shayaanby shayaanA billion-dollar US bank is being sued for allegedly mishandling customer funds and worsening a crisis that locked 85,000 customers out of …
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Finance
UAE Central Bank Reveals Digital Dirham Symbol, Targets Late 2025 Launch
by shayaanby shayaanThe Central Bank of the UAE (CBUAE) has unveiled the official symbol for the Digital Dirham, set to launch in retail markets …
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Smart Contracts
FDIC Clears Path for Bank Crypto Activities Without Prior Approval
by shayaanby shayaanBanks can deal with cryptocurrency and other legally permitted activities without requesting previous approval of the regulations, as long as they manage …