banks
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Regulation
Japan urges banks to screen crypto transfers in crackdown on ‘unlawful money transfers’
Japan’s Financial Services Agency (FSA) has proposed new measures to bolster user protection against illicit transactions to crypto exchange platforms,…
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Ripple Wins Big: US Banks Expected To Adopt XRP For International Payments
The Ripple ecosystem has been experiencing significant growth, achieving new milestones in its expansion into different regions and sectors. The…
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Regulation
JPMorgan Chase Pays $18,000,000 Fine for Forcing Customers To Stay Silent About Bank’s Bad Behavior
The U.S. Securities and Exchange Commission says JPMorgan Chase will pay an $18 million fine for actively working to stop…
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Regulation
Blockchain Association Responds to Elizabeth Warren, Says Crypto Can Disrupt ‘Too Big To Fail’ Banks
Crypto advocacy group Blockchain Association has responded to a letter from Elizabeth Warren that the Senator wrote to the group…
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Regulation
EU To Investigate Links Between Banks and Non-Bank Entities, Including Crypto Firms: Report
Regulators in the European Union will reportedly probe into the connection between banks and non-bank financial institutions (NBFIs) amid concerns…
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Regulation
‘Big Short’ Investor Steve Eisman Predicts Fed Flips Hawkish in 2024, Says US Banks May Pay the Price
“Big Short” investor Steve Eisman, who predicted the 2008 housing crisis, believes that the Fed will not cut rates this…
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XRP
Ripple SVP Predicts Banks Will Embrace Crypto’s Revenue Growth And Customer Benefits
In a series of predictions, Ripple’s Senior Vice Presidents (SVPs) Eric van Miltenburg and Aaron Sears foresee a transformative shift…
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Regulation
$181,034,960,000 in Fines Paid by Big Four US Banks As JPMorgan CEO Jamie Dimon Says Crypto’s for ‘Criminals’
Hundreds of billions of dollars worth of fines have been paid by the four biggest banks in the US as…
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Blockchain
Swiss banks issue first digital bonds using real CHF wholesale wCBDC on regulated DLT platform
Swiss banks, Cantons of Basel-City, and Zurich have successfully issued digital bonds using real CHF wholesale central bank digital currency…
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Scams
Miami Fraudster Sentenced to 63 Months in Prison for Duping Banks out of $4,000,000 in Crypto Scheme
The ringleader of a Miami-based crew that defrauded banks out of millions of dollars has been sentenced to over five…
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