Tag: Banks

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Crypto Boom Soon? Major Banks Predict At Least 2 Rate Cuts After Weak Labor Data

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The crypto market has been quite excited about the possibility of...

Major Wall Street Banks say Two or More Rate Cuts Likely in 2025

Several financial institutions and market analysts are now projecting the US Federal Reserve, the country’s central bank, will slash interest rates from the...

Are banks ready for XRP? SWIFT exec voices apprehensions

SWIFT’s Chief Innovation Officer, Tom Zschach, has raised doubts about whether Ripple’s technology and the XRP token can meet the standards global...

Banks Won’t Trust Ripple And XRP, SWIFT CIO Says

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple and XRP were thrust into the spotlight after SWIFT chief...

Crypto Cast As The Villain, But Banks Quietly Move Billions In Suspect Funds

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure FinCEN on Thursday put banks and other financial firms on notice...

Bitcoin Drop Driven By US Trade Deficit, China Banks

Key takeaways:Rising US trade deficits, insider stock sales, and weak Chinese banks heightened global investor caution.Whales and miners keep selling Bitcoin, but macroeconomic...

Ethereum Labeled ‘Wall Street Token’ as Banks Adapt to Stablecoin Demands

Jan van Eck, CEO of investment management firm VanEck, recently described Ethereum as “the Wall Street token” while talking about its surge this...

US Banks Demand Stablecoin Yield Ban While Paying Depositors Nearly Nothing

Banks in the United States are lobbying to change new stablecoin regulations under the GENIUS Act, fearing massive deposit outflows as crypto exchanges...

76% of Japan’s banks eye tokenized securities as SBI bets on Chainlink

Japan’s SBI Group has entered into a strategic partnership with Chainlink to accelerate blockchain adoption, digital asset growth, and tokenization across Japan...

Crypto groups endorse Brian Quintenz for CFTC amid regulatory standoff with banks

The Crypto Council for Innovation (CCI) and the Blockchain Association jointly issued a letter on Aug. 20 endorsing Brian Quintenz for Chairman...

Fed warns banks could become irrelevant if they ignore blockchain adoption now

Federal Reserve Vice Chair for Supervision Michelle Bowman has called for banks to embrace blockchain technology or risk losing relevance.At the Wyoming Blockchain...

Fed Ends Crypto and Fintech Oversight Program for Banks

Key Highlights:Fed will monitor crypto and fintech risks through regular supervision, ending its special program. Analysts say the decision reflects US regulatory changes...
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