The Federal Reserve has recently delivered a cease and desist order to Evolve Bank and Trust for engaging in “unsafe and unsound banking practices” and having...
The Swiss financial watchdog, the Financial Market Supervisory Authority (FINMA), closed FlowBank and declared it insolvent. This came after FlowBank was found to lack proper capital...
Customers Bank, which services major cryptocurrency firms, including Galaxy Digital, Coinbase, and Circle, has started cutting off some hedge fund clients. Citing people familiar with the...
Bitpanda, a crypto exchange based in Vienna, has formed a groundbreaking partnership with Deutsche Bank. This collaboration aims to provide real-time payment services for its German...
Nansen, a blockchain analytics firm, is strongly convinced that one Ethereum addressing controlling a whopping 173,700 ETH worth over $650 million at spot rates belongs to...
Bank of Israel has launched “Digital Shekel Challenge” to develop CBDC payment solutions. Participants of the challenge will access a prototype system to create innovative digital...
Alchemy Pay, a prominent player in the fiat-crypto payment solutions arena, has recently achieved a significant milestone with the announcement of its new venture, the Web3...
The Group of Central Bank Governors and Heads of Supervision (GHOS), the supervisory body of the Basel Committee on Banking Supervision, has just set a new...
BSP approves pilot for PHPC, a Peso-backed stablecoin, in collaboration with Coins.ph. Sandbox testing to evaluate PHPC’s real-world performance and impact on local fiat ecosystem. Transition...
JPMorgan Chase & Co., the largest bank in the United States, has revealed its substantial Bitcoin exchange-traded fund (ETF) holdings. The disclosure includes a variety of...