Silvergate’s Chief Executive Exits Amid Prevailing Liquidation and Investor Suits
Silvergate is losing Alan Lane, its chief executive officer, and two other top officials as part of a current closure of the previously crypto-friendly bank....
Ripple Optimistic Blockchain Potential to Save Financial Entities $10B by 2030
A recent report reveals that by 2030, Blockchain will be capable of saving financial institutions an estimated $10 billion in cross-border payments. Ripple Global Survey...
UK Banks Face Licenses Revocation for Debanking Customers for Political Views
The public dispute between Nigel Farage and Coutts Bank might result in the United Kingdom (UK) government imposing stricter freedom of speech protections concerning banking...
US Economy Adds 209,000 Jobs in June as Labor Market Slows Down
The total number of new jobs in America has reportedly dropped to the lowest ever rate since December 2020. The metric was shared by the...
South Korea Makes Significant Legislative Changes to Curb Illegal Crypto Trading Activities
The government of South Korea is bringing new regulatory implications to the crypto sector. As per the latest regulatory changes, the Bank of Korea or...
HSBC to Offer Crypto ETF Investment Options in Hong Kong
Hong Kong has recently gained a reputation as the next epicenter for cryptocurrency innovation and development in the international markets. The friendly stance of the...
Deutsche Bank Files for Digital Asset Custody License
Deutsche Bank is a $1.4 trillion banking enterprise that has recently filed for a cryptocurrency license. After the announcement of the Bitcoin ETF application filed...
Russian Lawmakers Amending the Digital Rule Bill
The Interfax publication on Monday, May 22, revealed that Russian lawmakers were mulling integrating a package of amendments to the digital rule bill. The bill...
Ripple Introduces CBDC Platform for Financial Institutions and Governments
Ripple has recently introduced a new digital payments platform that is going to work for the government. This new digital payments network supports CBDCs rather...
IMF Director Issues Warning Regarding Retail CBDCs
International Monetary Fund or IMF director Kristalina Georgieva is concerned about issues connected to retail CBDCs. It is worth noting that CBDCs are digitized forms...