Browsing Tag
Bank
10 posts
Sberbank to be part of the Digital Ruble pilot initiative in Russia”
In a significant development for Russia’s Central Bank Digital Currency (CBDC), Sber, the operator of Sberbank, has announced…
Deutsche Bank Applies for Digital Asset License
Germany’s banking sector is witnessing a significant shift as it increasingly opens its doors to the burgeoning cryptocurrency…
Governor of Central Bank of Ireland claims Crypto is not going away anytime soon
The Governor of the Central Bank of Ireland, Gabriel Makhlouf, has compared unbacked cryptocurrencies to a Ponzi scheme.…
JP Morgan to assume ownership of failed First Republic Bank
JPMorgan Chase, the American banking behemoth, is scheduled to buy First Republic Bank’s (FRB) assets. This comes after…
Two Swiss banking giants collaborate to offer Crypto services
PostFinance, Switzerland’s fifth-largest financial services firm, has announced that it will begin providing access to cryptocurrencies to its…
Signature Bank’s failure affects major Crypto firms
Signature Bank became the latest institution to fail late Sunday, following a string of bank collapses. On Sunday,…
Marathon Digital to discontinue its credit business with Silvergate Bank
Marathon Digital Holdings announced the settlement of its term loan and the closure of its credit facilities with…
Pakistani banks resort to blockchain for their KYC
The Pakistan Banks’ Association (PBA), a collection of 31 traditional banks in the country, approved the development of…
FDIC to focus on Crypto risk appraisal in the midst of rising revenue among banks
With banks detailing $470 billion in hidden misfortunes and FDIC anticipating the continuation of this pattern, acting executive…
Digital bank FV Bank incorporates USDC stablecoin for direct deposit fund
Aside from USDC support, FV Bank likewise plans to send off a care administration in Q4 2022, focusing…