Browsing Tag
Bank
Coinbase Has $420B in Assets Under Management, Surpassing the 21st Largest US Bank –…
Key Takeaways:
With an AUM of $420 billion, Coinbase is one of the most significant players in the financial market.
CEO Brian Armstrong envisions a future…
Former Silvergate Bank CTO and Trump’s ‘Crypto Czar’ David Sacks Speak Out on Operation…
Operation Choke Point 2.0, a campaign of regulatory pressure against cryptocurrency firms, has sparked a fresh wave of criticism from notable industry figures,…
Zimbabwe Central Bank Denies Forced Remittance Conversion Claims
The Reserve Bank of Zimbabwe (RBZ) has denied claims that it intends to force recipients of U.S. dollar-denominated remittances to convert their funds into local…
Central Bank of Fiji Warns About Penalties For Purchasing Cryptocurrency
The Reserve Bank of Fiji, Fiji’s central bank, reminded Fijians that cryptocurrencies were not accepted as legal tender in the country. In a recent press release,…
The third-largest French bank Introduces Euro-Pegged Stablecoin
EUR CoinVertible (EURCV), the first euro-pegged stablecoin, was released by Société Générale, the third-largest bank in France, marking a significant milestone in…
A Look at the Fed’s Recent Custodia Bank Denial and the Central Bank’s Push Back…
Over the past century, the number of American banks has significantly decreased, dropping from 30,000 banks in 1921 to 4,997 U.S. banks in 2021, according to…
UK’s Bank Regulator to Propose Rules for Digital Asset Issuance
The United Kingdom's Prudential Regulatory Authority (PRA) has announced plans to propose a set of rules for the issuance and holding of digital assets. The…
Southeast Asia’s Largest Bank DBS Sees 80% Increase in Bitcoin Trading Volume on Its…
The largest bank in Southeast Asia, DBS, has revealed that bitcoin trading volume on its cryptocurrency exchange jumped 80% in 2022 while ether trading volume…