Norway’s Central Bank, Norges Bank, will make a decision regarding whether or not it will introduce a digital currency next year, says Deputy Central Bank Governor Pal Longva. In an interview with Bloomberg on Oct. 22, Norges’ Deputy Central Bank…

The collapse of SVB caused panic-induced withdrawals from U.S. banks. Continue Reading:Silicon Valley Bank Collapse Triggers Customer Withdrawals in U.S. Banks The post Silicon Valley Bank Collapse Triggers Customer Withdrawals in U.S. Banks appeared

Nigeria’s currency reforms under Bola Tinubu’s government have made the naira one of the most competitive in 20 years, according to World Bank chief economist Indermit Gill. The decision to float the naira and remove fuel subsidies helped prevent fis

For Bank of America analysts, fiscal challenges and global economic trends have made gold an even more alluring safe haven than bonds. While falling real interest rates usually help gold, the bank says that even higher rates might fail to put downwar

TD Bank, one of the largest financial institutions in the U.S., has agreed to pay a record $3 billion penalty, the largest ever under the Bank Secrecy Act, after pleading guilty to felony charges. The bank is the largest in U.S. history to plead guil

MicroStrategy's Bitcoin bank ambitions could reshape financial markets, influencing corporate strategies and potentially driving Bitcoin's mainstream adoption. The post MicroStrategy stock soars 10% as it pursues Bitcoin bank ambitions appeared first

Ripple has announced a major upgrade to its Ripple Custody service, aiming to deliver bank-grade crypto custody solutions to fintech firms and crypto businesses. The enhancements include integration with compliance tools, expanded hardware security m

Samson Mow highlights global pressures on Bitcoin adoption; El Salvador faces challenges from IMF and World Bank. Mow discusses potential Bitcoin reserve in Suriname; World Bank meetings may have stalled national adoption plans. Recently, discussions

The structured investment fund caters to institutional investors seeking exposure to digital assets within a regulated framework.

The Central Bank of Nigeria (CBN) is launching a new electronic system (EFEMS) to improve transparency in the foreign exchange market. This comes as the Nigerian currency weakens. Authorized dealers must comply with existing regulations and complete

Sygnum Bank leads the pack with $50.5 million in total value locked (TVL). After Sygnum Bank, the next one is SyncSwap that has $21 million in TVL.

Pekao Bank from Poland, the country’s second largest lender, is making headlines by taking a bold approach to preserving art. Using the medium of blockchain technology, it has kept some of its most valuable artworks in an Arctic vault, and less expos

Major Australian bank ANZ is interested in exploring how it can move its Australian dollar-backed A$DC stablecoin between blockchains.

Russia and China’s desire to ditch the dollar is fueling the price of gold, according to the Bank of France. In a new report, the central bank notes the price of the precious metal has risen to new all-time highs despite global outflows in gold excha

A federal investigation into banking giant JPMorgan Chase is targeting how the bank handles and protects potential victims of fraud, according to a new report. The Consumer Financial Protection Bureau (CFPB) is investigating whether the bank is prope

BNY Mellon, America’s oldest bank, has edged closer to a breakthrough in digital asset ETF custody after a regulatory review.… The post World’s Largest Custodian Bank BNY Mellon Edges Closer to Crypto Asset Custody first appeared on The Crypto Basic.

"Silvergate Bank did not fail," the executive claims, instead blaming a shift in regulatory approach for the closure of the bank in 2023.

The Consumer Financial Protection Bureau (CFPB) is accusing TD Bank of repeatedly placing its customers’ ability to access employment, housing and credit at risk. According to the US financial regulator, TD Bank systematically shared “inaccurate, neg

Regulating and speeding up payments without a CBDC are more important to the Canadian central bank.

BoJ's rate hold amid inflation concerns highlights cautious economic strategy, contrasting with US Fed's aggressive rate cuts boosting markets. The post Bank of Japan keeps rates unchanged after core inflation firm to 2.8% appeared first on Crypto Br