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Markets
Singaporean family office to set up digital bank in Bahrain
The Whampoa Group, a family office based in Singapore, will open a digital bank in Bahrain, the kingdom’s Economic Development…
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Markets
Australian ‘Big 4’ bank begins trial for cryptocurrency payment blocks
Westpac, one of Australia’s ’Big Four’ banks, is launching its first trial of scam protection measures designed to combat fraudulent…
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Markets
BREAKING: Binance Australia halts AUD bank transfers
Binance Australia has halted all Australian Dollar deposits. Users can still buy and sell cryptocurrencies using credit or debit cards.…
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Markets
Senators slam bank execs for blaming collapses on crypto, pocketing millions
A former Signature Bank executive has been slammed for trying to place the blame for his bank’s collapse on crypto…
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Markets
Crypto bank runs in 2022 catalyzed by institutional withdrawals: Research
The 2022 crypto bank runs — caused by the failure of multiple ecosystem giants — have had a lasting impact…
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Markets
Signature Bank failed to understand risks associated with crypto: FDIC chair
Investigations around the collapse of Signature Bank point toward illiquidity circumstances and poor management. However, the Federal Deposit Insurance Corporation…
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Markets
Governor Ron DeSantis Signs Bill Prohibiting Use of Central Bank Digital Currencies in Florida – Bitcoin News
On Friday Florida’s governor Ron DeSantis signed legislation that bans the use of a central bank digital currency (CBDC) in…
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Markets
GAO cites exposure to digital assets in exploring collapse of Signature Bank
The United States Government Accountability Office, or GAO, has released its preliminary review of the failures of Silicon Valley Bank…
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Markets
Economist Peter Schiff Says ‘Nobody’s Money Is Safe in Any Bank’ — Warns of Financial Crises, Depressions – Economics Bitcoin News
Economist Peter Schiff expects a lot more banks to fail, warning that “nobody’s money is safe in any bank.” He…
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Markets
Bitcoin trading up 80% at DBS Bank due to crypto crashes in 2022, says exec
Singapore government-owned megabank DBS is among the few companies around the world that reaped major benefits from massive cryptocurrency collapses…
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