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 BankruptcyFlowBank, a Swiss online bank known for its cryptocurrency trading!-->!-->!-->…
Green Dot Bank Customers Struggle to Access Funds, Leading to Frustration and Financial StrainCustomers 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 CrisisIn 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 ViolationsEuropean 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!-->…
US Bank Settles $15 Million Penalty for Deceptive Practices Against Customers.A prominent US-based bank is making headlines as it agrees to pay a substantial!-->!-->!-->…