China Just Cut Its Reserve Requirement for Banks, Why One Economist Is Worried.
[ad_1] Text size Why does China need a reserve requirement rate cut? Qilai Shen/Bloomberg This commentary was issued recently by money managers, research firms, and...
Tag : Banks
FaZe Banks responds to crypto scam drama: “Somebody could go to f**king jail”
[ad_1] FaZe Clan continue to deal with the fallout from crypto “pump and dump” drama and the org’s founder, FaZe Banks, has revealed that it...
Chinese banks tell staff to recruit up to 300 new digital yuan users each
[ad_1] Chinese banks have begun a hard sell of digital yuan wallets, asking staff to recruit hundreds of new users each year. According to a...
FaZe Banks denies Adin Ross & RiceGum beef being “fake” to cover FaZe crypto scam
[ad_1] On July 1, FaZe Clan revealed that Kay would be kicked and Jarvis, Teeqo and Nikan all suspended over alleged cryptocurrency scams. The crypto...
Top Banks Interested in Using Cryptocurrency with Blockchain
[ad_1] Analytics Insight charts the top banks interested in using cryptocurrency with blockchain tech. The extensive use of cryptocurrency in the financial world has instigated...
Banks turn to blockchains to reform costly bond market
[ad_1] A growing number of banks are experimenting with issuing bonds on blockchains, in a shift they say could eventually revolutionise an asset class that...
Why Big Banks Are Adopting This Technology
[ad_1] Chris Naprawa, President TAAL, a vertically integrated blockchain infrastructure & service provider for enterprise. getty Don’t bet against the banks. I believe that the notion...
Regulators Have Proposed Capital Rules at Banks for Crypto Assets. Here's How It Would Work
[ad_1] The 1,250% rating essentially means that for every $100 of bitcoin or Ethereum exposure a bank has on its balance sheet, it will need...
TrueUSD Integrates with Signature Bank’s Blockchain-based Payments Platform, Signet
[ad_1] TrueUSD announced today its partnership with Signature Bank, a New York-based, full-service, commercial bank. New York, NY , June 18, 2021 (GLOBE NEWSWIRE) —...
Why the banks won’t touch bitcoin anytime soon
[ad_1] The Basel committee acknowledged that crypto market is now “meaningful,” but it also fears these new assets could harm financial stability. Why? Loading One...
Korean banks will need to classify crypto exchange clients as ‘high risk’
[ad_1] New rules announced by South Korea’s Financial Services Commission, or FSC, are expected to affect around 60 unauthorized cryptocurrency exchanges in the country and...
