banking

Changpeng Zhao: Banks Represent A Risk To Fiat-backed Stablecoins

Binance's CEO Changpeng Zhao has some doubts about stablecoins backed by fiat money.

2 years ago

FED And FDIC Are Considering Establishing A Fund To Guarantee Deposits For Failing Banks

Since Silicon Valley Bank failed, the FDIC and Federal Reserve are considering creating a fund to allow regulators to offer…

2 years ago

31 Traditional Pakistan Banks Has Agreed To Create A Blockchain-based National eKYC Banking Platform

Key Points: The Pakistan Banking Association (PBA) has become the first organization in Pakistan to sign a project contract for…

2 years ago

Silvergate, A “Crypto-Friendly Bank,” Has Been Sued For Securities Law Violations

Key Points: A class-action lawsuit has been filed against Silvergate Bank in the Southern District Court of Southern California, alleging…

2 years ago

Over 75 Crypto Accounts Have Been Frozen By Venezuelan Financial Institutions Banks 

Key Points: Venezuelan private banks have frozen more than 75 cryptocurrency-to-fiat and fiat-to-crypto conversion accounts. These accounts have been suspended…

2 years ago

Fitch: Global Banking Regulations And Capital Requirements Avoid Crypto-Backed Lending

Key Points: The Basel Committee on Banking Supervision's (BCBS) new global recommendation for prudent crypto-asset treatment may prevent banks from…

2 years ago

Four Leading Banks Have Joined The New York Fed’s 12-week Digital Dollar Pilot

According to Reuters, global banking titans will begin a 12-week digital dollar pilot with the Federal Reserve Bank of New…

2 years ago

A Federal Reserve Report Examines The Potential Impact Of CBDC On Monetary Policy.

The Federal Reserve of the United States issued a research on the potential effects of a retail central bank digital…

3 years ago

A 132-Year-Old Swiss Private Bank Is Planning To Offer Cryptocurrency Services To Wealthy Clients.

Julius Baer Group, one of Switzerland's oldest banking services firms, is now offering crypto services to its wealthy clients. Source:…

3 years ago

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