An Argentinian judge has ordered Javier Milei’s bank secrecy privileges to be revoked amidst an ongoing case probing the dealings of the …
Bank
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Regulation
Capital One Paying $425,000,000 To Customers After Allegedly Cheating Clients Out of Higher Returns on Bank Balances
by shayaanby shayaanUS financial giant Capital One will hand $425 million to customers in a massive class action settlement. Account holders accused the bank …
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Analysis
Billionaire Warren Buffett Dumps $3,230,000,000 of Berkshire’s Exposure To Citigroup, Bank of America and Capital One After Exiting Wells Fargo, JPMorgan Chase
by shayaanby shayaanBillionaire Warren Buffett just sold about $3.23 billion of Berkshire Hathaway’s stake in Citigroup, Bank of America and Capital One. After eliminating …
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Adoption
Central Bank of Russia rates Bitcoin the top global investment since 2022
by shayaanby shayaanThe Central Bank of Russia has ranked Bitcoin as the most profitable investment over the past year, outperforming traditional assets such as …
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Regulation
Fed council warns stablecoins may pose risk to bank deposits and credit capacity
by shayaanby shayaanMembers of the Federal Reserve’s Community Depository Institutions Advisory Council (CDIAC) raised concerns that nonbank-issued stablecoins could accelerate deposit outflows from traditional …
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Finance
Stablecoins to Go Mainstream in 2025 After U.S. Regulatory Progress: Deutsche Bank
by shayaanby shayaanStablecoins are on the verge of mainstream adoption this year as the Trump administration pushes ahead with landmark crypto legislation, investment bank …
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Finance
South Korea’s Bank of Korea Demands Crucial Role in Stablecoin Approval
by shayaanby shayaanThe digital asset landscape is constantly evolving, bringing both exciting opportunities and significant challenges for traditional financial systems. At the heart of …
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Regulation
Man Allegedly Drains $3,000,000 From Bank Using Fraudulent Identities, Friends, Family and an Insider
by shayaanby shayaanThe US government says a 56-year-old Georgia man used friends, family and an insider to steal over $3 million from a local …
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Update (May 10 2025): Following a detailed review of Royal Decree 253/2025, the official BOE text, and multiple independent fact‑checks, we determined that an earlier version of …
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Analysis
Analysts Say Gold Likely in Strongest Market of All Time Amid Central Bank Accumulation and US Dollar Weakness
by shayaanby shayaanUncertainty is driving gold’s price momentum, according to analysts at the capital markets newsletter The Kobeissi Letter. The Kobeissi Letter’s official account …