Tag: Banking
Chinese banking regulator warns against fraud risks in the metaverse
After eradicating crypto trading and mining in the country, the Chinese government’s next concern lies with the growing scams around the metaverse pro [...]
US Senate Banking head lashes out at Super Bowl crypto ads
The Super Bowl advertisements by crypto companies including Coinbase, FTX, and several others ruled the social media and news headlines for their out- [...]
Tesla Inc, Lloyds Banking Group PLC and Scottish Mortgage Investment Trust among most popular shares and funds for private investors
Investors were looking in the bargain bin for a lot of their share and fund purchases in December and for most of last year
Small cap stocks, downtro [...]
Fed Chair Jerome Powell Appears Before the Senate Banking Committee
Powell says that “the report really is ready to go and I would expect we will drop it, I hate to say it again, in the coming weeks, but it really is i [...]
Russia’s Tinkoff Banking Group Buys Majority Stake in Swiss Crypto Startup Aximetria
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest [...]
Major Indian bank breaks ‘banking ban’ with WazirX crypto exchange deal
Kotak, India’s leading private bank, has reportedly become the first to open its gates to the crypto community, as per a report published in Econom [...]
Senate Banking Committee chair seeks information from stablecoin issuers and exchanges, suggesting possible hearing
Sherrod Brown, the chair of the Senate Committee on Banking, Housing and Urban Affairs, has called on several crypto firms to release information r [...]
Senate Banking Panel Head Seeks Added Information About Stablecoins From Issuers, Exchanges
Brown also sent letters to cryptocurrency exchanges Coinbase, Gemini, Binance.US as well as blockchain infrastructure firm Paxos, which operates th [...]
Why Crypto Startups Need Banking Services, and Banks Need Crypto Too
“In a world of low-interest yields and outdated infrastructure, digital assets are rapidly increasing in appeal,” said Jesse Hemson-Struthers, BVNK [...]
Banking Industry Likely to Capitalize on Stablecoin Deposit Demand, Says Morgan Stanley
The banking industry will most likely try and capitalize on the demand for stablecoin deposits on the back of the market’s exponential growth, Morg [...]
He Saw Iceland’s Banking Fraud From Inside. Now He’s Worried About Crypto
In Iceland the burden fell on people who had nothing, and then had less than nothing. The ease with which these [finance] guys could just see past [...]
Sri Lanka Government Forms Panel to Study Digital Banking, Blockchain for Attracting Investment — CoinDesk
Sri Lanka’s Cabinet approved the formation of committee that will study the rules and regulations governing digital banking, blockchain, and crypto [...]
What Iceland’s Spectacular Banking Collapse Teaches Us About Tether — CoinDesk
Iceland also, the new book makes clear, had it coming. Far from victims of forces beyond their control, Iceland’s bankers, enabled by a neoliberal [...]