Major banks have revised their Fed interest rate forecasts, signaling a shift in monetary policy expectations for 2025. Journalist Nick Timiraos summarized …
Banks
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Markets
Fidelity Expects More Nation-States, Central Banks To Buy Bitcoin In 2025
by shayaanby shayaanFidelity, in its latest report has asserted that Countries are expected to add Bitcoin into national strategic reserves in 2025, kicking off …
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Regulation
FDIC Wanted to Send Shockwaves Through Banks, According to Ripple’s Top Lawyer
by shayaanby shayaanStuart Alderoty, chief legal officer at Ripple, has opined that the Federal Deposit Insurance Corporation (FDIC) tried to send “shockwaves” throughout various …
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Regulation
US regulator warned banks on crypto but did not order halt to business, documents show
by shayaanby shayaanWASHINGTON, Jan 3 (Reuters) – A U.S. bank regulator told banks to pause dabbling directly in crypto in 2022 and 2023, but …
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Scams
FDIC Took Issue With Banks Using Public Blockchains Like Ethereum, FOIA Docs Reveal
by shayaanby shayaanAmerican banks seeking to offer customers services built on public blockchain networks appear to have been discouraged from doing so by the …
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Regulation
Coinbase shares unredacted FDIC letters urging banks to avoid offering basic Bitcoin services
by shayaanby shayaanCoinbase chief legal officer Paul Grewal shared documents revealing that the Federal Deposit Insurance Corporation (FDIC) urged banks to halt or avoid …
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The Bank of Russia has approved a new rule that will allow banks to block operations with digital rubles for days if …
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A provocative tweet from a crypto influencer has sparked a debate, questioning the future career path of SEC Chair Gary Gensler. The …
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Central banks in Europe have acquired shares of pro-Bitcoin software firm MicroStrategy, potentially making an indirect bet on the trendy cryptocurrency. The …
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Regulation
Hong Kong’s HKMA warns against overseas crypto firms posing as banks
by shayaanby shayaanThe Hong Kong Monetary Authority cautions the public on overseas crypto firms falsely claiming to be banks, urging caution as such claims …