The Central Bank of the United Arab Emirates (CBUAE) has granted in-principle approval to AED Stablecoin, paving the way for its launch as a regulated dirham-pegged!-->…
The recent Basel Committee meeting (July 2-3) focused on key policy decisions related to banks' exposure to crypto assets. These decisions are part of the ongoing!-->…
El Salvador Eyes Bitcoin-Friendly Banks: A Potential Hub for Crypto Investment?
El Salvador's president, Nayib Bukele, a vocal advocate for Bitcoin, has proposed!-->!-->!-->…
Swiss Crypto-Friendly Bank FlowBank Fails to Meet Capital Requirements, Forced into Bankruptcy
FlowBank, a Swiss online bank known for its cryptocurrency trading!-->!-->!-->…
Green Dot Bank Customers Struggle to Access Funds, Leading to Frustration and Financial Strain
Customers of a prominent billion-dollar US bank, Green Dot Bank,!-->!-->!-->…
UBS Faces Significant Penalty from US Department of Justice for its Role in the 2008 Financial Crisis
In a significant turn of events, UBS, one of the prominent!-->!-->!-->…
The rise of digital currencies has sparked a revolution in the financial world. Among these groundbreaking innovations, Central Bank Digital Currencies (CBDCs) have!-->…
BNP Paribas Faces US Regulatory Probe Over Employee Messaging Violations
European lending giant BNP Paribas finds itself in the midst of negotiations with US!-->!-->!-->…
Global banking giant UBS has been penalized with a substantial fine of over a quarter billion dollars due to misconduct at its newly-acquired subsidiary, Credit!-->…
A recent report reveals a substantial exodus of institutional cash from JPMorgan Chase as investors seek higher yields. During the second quarter of 2023, the!-->…