Interest in CBDCs climbs to 94% among central banks – BIS survey
U.S lawmakers want to ban CBDCs, but 94% of central banks are not so sure Stablecoins have been adopted cautiously ...
Tag: Banks
US Senate passes resolution overturning SEC crypto rule on banks
U.S. President Joe Biden said he intended to veto the joint resolution aimed at overturning an SEC rule requiring banks ...
US Mega Banks JP Morgan And Wells Fargo Unveil Bitcoin Exposure As BTC Drops To $60,000
JP Morgan and Wells Fargo, two of the largest banks in the United States, have announced their investments into Spot ...
Central banks must revise business model, embrace CBDCs — ECB member
Bundesbank’s president Joachim Nagel urged central banks to revamp their business models and adopt digital currencies during the BIS Innovation ...
JPMorgan Chase Paying $448,000,000 Fine To US Regulators for Failing To Monitor Billions of Transactions on Bank’s Global Trading Venues
JPMorgan Chase will pay a total of $448 billion to US regulators for failing to monitor potential market misconduct on ...
EU DeFi regulations set to welcome big banks, challenge crypto natives
New rules under the MiCA framework may encourage big banks to enter the DeFi space, potentially complicating compliance for native ...
World Economic Forum Says 98% of Central Banks Are Preparing To Launch CBDCs As Finance Enters ‘Next Phase’
More than 98% of the world’s central banks are “researching, experimenting, piloting or deploying” central bank digital currencies (CBDCs), according ...
Hypocrisy is everywhere with crypto and the banks
Stay informed with free updatesSimply sign up to the Cryptocurrencies myFT Digest -- delivered directly to your inbox.In case you ...
JPMorgan Chase Pays $18,000,000 Fine for Forcing Customers To Stay Silent About Bank’s Bad Behavior
The U.S. Securities and Exchange Commission says JPMorgan Chase will pay an $18 million fine for actively working to stop ...
Blockchain Association Responds to Elizabeth Warren, Says Crypto Can Disrupt ‘Too Big To Fail’ Banks
Crypto advocacy group Blockchain Association has responded to a letter from Elizabeth Warren that the Senator wrote to the group ...