Ripple CTO Schwartz Comments on Requirements Issued by Fed on Banks Transacting with PayPal Stablecoin
David Schwartz appears unsurprised that the Fed is reacting negatively to the brand new stablecoin issued by PayPal. Ripple’s chief ...
Tag: Banks
Fed Reveals New Rules for How US Banks Can Interact With Stablecoins and Crypto Assets
The U.S. Federal Reserve says its state member banks have to ask for permission earlier than interacting with stablecoins. The ...
US Fed steps up oversight of banks’ involvement with crypto firms
America Federal Reserve is broadening the scope of its supervision program which oversees U.S. banks that have interaction with the ...
Biggest Financial Reset of Our Lifetime Coming As Central Banks Scramble To Follow Fed, Says Bloomberg Analyst
Senior Bloomberg commodities analyst Mike McGlone is warning of a monetary reset amid an atmosphere of tightening financial coverage. McGlone ...
Korean Banks Start Research on Alternative for Stablecoins and CBDC
Non-public banks are exploring blockchain-based “certificates of deposit” tokens (CDs) that may exchange deposits and customary notes. Apart from, they ...
Korean banks research stablecoin, CBDC alternative
A number of personal banks in South Korea are finding out the potential of tokenized deposit know-how, an alternative choice ...
Reserve Bank of India (RBI) in Talks with Other Central Banks to Promote Digital Rupee for Cross-border Payments
The RBI Governor Shaktikanta Das has severally admitted that the nation is transferring in direction of CBDC adoption amid de-dollarization. ...
JPMorgan Chase and 40 Other US Banks Conducting FedNow Trial Runs Ahead of the Instant Payment Service’s Launch
Banking large JPMorgan Chase and 40 different US banks are testing the Federal Reserve’s new on the spot cost infrastructure ...
Cardano Price Dips in the Wake of Hawkish Comments from Global Central Banks
Cardano price is struggling to take care of its foothold within the wake of elevated market resistance and macroeconomic considerations. ...
Fed Governor Says Unclear Digital Asset Regulation Putting Banks in ‘Perilous Position’
Federal Reserve governor Michelle W. Bowman says that the shortage of clear rules for crypto property is putting monetary establishments ...