BlackRock, Inc., an American multinational investment company, and the Federal Deposit Insurance Corp. (FDIC) are addressing a dispute over the asset manager’s …
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Tag:
Bank
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Regulation
ECB empowers fintechs with direct access to Europe’s central bank payment systems
by shayaanby shayaanThe European Central Bank (ECB) has introduced a regulatory framework allowing non-bank payment service providers (NB-PSPs) to access Eurosystem central bank payment …
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Regulation
Central Bank of Brazil Links Stablecoin Growth to Tax Evasion and Money Laundering
by shayaanby shayaanThe new president of the Central Bank of Brazil has linked the rapid growth of stablecoins with tax evasion and money laundering. …
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Regulation
ConsenSys Twice Hit by Operation Chokepoint, CEO Lubin Credits Bank for Fighting Back
by shayaanby shayaanConsensys, the Ethereum software developer best known for its MetaMask wallet, has twice been hit by U.S. authorities’ attempts to exclude it …
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Finance
Telcoin has received approval for its Digital Asset Depository Bank Charter
by shayaanby shayaanTelcoin has received approval for its Digital Asset Depository Bank Charter in Nebraska This positions Telcoin as one of the first federally …
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Finance
US Senators Accuse JPMorgan Chase, Bank of America, Wells Fargo, Citibank, US Bank, PNC and Truist of ‘Profiteering,’ Raking In $1,000,000,000,000 in Record Profits While Paying Savers Peanuts
by shayaanby shayaanTwo US lawmakers are accusing seven of the largest American banks by total assets of failing to pass the benefits of a …
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Analysis
Switzerland’s Largest Bank Tests Tokenized Gold Product on Ethereum Layer-2 ZKsync
by shayaanby shayaanUnion Bank of Switzerland (UBS), the largest bank in Switzerland, is testing a tokenized gold product on Ethereum (ETH) layer-2 scaling solution …
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Adoption
Czech Central Bank to pursue studying Bitcoin reserves despite ECB opposition
by shayaanby shayaanThe 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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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 …