U.S. Federal Reserve Hits Customers Bank With Enforcement Action Related to Crypto Services - bank

U.S. Federal Reserve Hits Customers Bank With Enforcement Action Related to Crypto Services

The governing body of the Federal Reserve System has issued an enforcement action against Customers Bancorp, the parent company of state-chartered Customers Bank known for doing business with crypto e

Rhodilee Jean Dolor
Another Top U.S. Bank Set to Introduce Bitcoin ETFs for Clients - bank, bitcoin

Another Top U.S. Bank Set to Introduce Bitcoin ETFs for Clients

After Morgan Stanley announced that it will allow its advisors to offer Bitcoin ETFs to some of their clients, another big american bank followed their example.

exbasi.com
Self-Sovereign Decentralized Identity Is Key To Retail CBDC Adoption - bank, cbdc

Self-Sovereign Decentralized Identity Is Key To Retail CBDC Adoption

In the last few years, a conversation has arisen surrounding the implementation of what is known as Central Bank Digital Currencies, or CBDCs

Alastair Johnson, Contributor
Xapo Bank to Offer Interest-Bearing Bitcoin Accounts in UK - bank, bitcoin

Xapo Bank to Offer Interest-Bearing Bitcoin Accounts in UK

Coinspeaker Xapo Bank to Offer Interest-Bearing Bitcoin Accounts in UK Xapo Bank offers a unique 1% interest yield on Bitcoin without the need for staking, lending, or locking up assets. Xapo Bank to

Bena Ilyas
Bank of England Announces Experiments with Wholesale CBDCs and DLT - bank, dlt, boe

Bank of England Announces Experiments with Wholesale CBDCs and DLT

TLDR The Bank of England (BoE) plans to conduct experiments with wholesale CBDCs and distributed ledger technology The experiments will test settlement capacity, interoperability, and various transact

Oliver Dale
Bank of Russia eyes full-scale digital ruble launch by next July - bank, launch

Bank of Russia eyes full-scale digital ruble launch by next July

The Bank of Russia is set to launch the digital ruble for widespread use by July 2025, following successful pilot tests. Russia’s central bank, the Bank of Russia, could launch its central bank digita

Denis Omelchenko
Nigeria Acts to Defend Naira After Currency Hits New Record Low - bank

Nigeria Acts to Defend Naira After Currency Hits New Record Low

The Central Bank of Nigeria recently sold U.S. dollars to Bureaux de Change (BDC) at a flat rate of NGN1,450 per greenback. The central bank stated that eligible BDCs can sell the dollars to end-users

Terence Zimwara
Coinbase Customers’ Personal Data Exposed in Bank Breach - bank

Coinbase Customers’ Personal Data Exposed in Bank Breach

Earlier this month, a security lapse at a bank used by Coinbase compromised the personal details of over 150 customers.

exbasi.com
Nigeria Acts to Defend Naira After Currency Hits New Record Low - bank

Nigeria Acts to Defend Naira After Currency Hits New Record Low

The Central Bank of Nigeria recently sold U.S. dollars to Bureaux de Change (BDC) at a flat rate of NGN1,450 per greenback. The central bank stated that eligible BDCs can sell the dollars to end-users at a margin of no more than 1.5% above the purcha

Terence Zimwara
Bank of Italy to release crypto guidelines in ‘coming days’ — Governor - bank, crypto

Bank of Italy to release crypto guidelines in ‘coming days’ — Governor

Italy’s central bank will soon share how the country should apply the EU’s MiCA crypto laws, with its governor slamming Bitcoin and Ethereum as “unbacked” cryptocurrencies.

exbasi.com
Witness in Nigerian trial against Binance accuses platform of contravening Central Bank rules - bank

Witness in Nigerian trial against Binance accuses platform of contravening Central Bank rules

Olubukola Akinwumi, the deputy director of the Central Bank of Nigeria (CBN), accused Binance of conducting transactions reserved for authorized banks and financial institutions on Friday, according to a local media report. Akinwumi’s accusations wer

Monika Ghosh
Nigerian Central Bank Accuses Binance of Unauthorized Financial Activities - bank

Nigerian Central Bank Accuses Binance of Unauthorized Financial Activities

Nigerian Central Bank accused Binance of unauthorized banking operations. Binance allegedly misled Nigerian users with deceptive promotions.Continue Reading:Nigerian Central Bank Accuses Binance of Unauthorized Financial Activities

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