Fed Collaborating with Central Banks to Improve Dollar Funding through Swap Lines
On March 19, the Fed announced plans to team up with five apex banks outside the US to develop strategies to maintain the dollar's value...
UBS Acquiring Credit Suisse for $3.25 Billion Deal
On March 19, the UBS team agreed to acquire the embattled investment bank Credit Suisse at a $3.25 billion buyout deal. The report revealed that...
Bybit Partnering with Red Bull to Launch an E-Sport Program
On March 13, the Singapore-based crypto exchange Bybit collaborated with Red Bull Racing to develop a sporting program called Bybit performance accelerator (BPA). The team...
Ukrainian Central Bank Suspends Bank Card Transactions, Binance and Kuna Confirm
Ukrainian Central Bank has suspended crypto transactions via bank cards in an attempt to prevent hryvnia, the national currency, from being used on exchanges. Following...
Silvergate Suspends Crypto Payments After Posting $1B Loss
On Saturday, Silvergate announced that it had halted its Silvergate Exchange Network (SEN) after the crypto-friendly bank raised concerns over its viability. Launched in 2017,...
UK Crypto Crackdown – Which British Bank Allows You to Purchase Crypto?
Banks operating in the United Kingdom are getting tougher on clients using crypto. In the last few days, HSBC and Nationwide, two of the largest...
The Tether Controversy: Authenticity of Documents Used to Gain Banking Access
The Benefits and Drawbacks of the Bank of Canada's CBDC Considering CBDCs' Capabilities Tether reacted to the Wall Street Journal's investigation on Saturday, which contended...
BTC and ETH Plunge as Investors Weigh Concerns Around Silvergate
Bitcoin has dropped by 4.6% in the past day to hit a two-week low of $22,251 on Friday morning before rising to $22,422 as of...
Digital Currency Group Halts Quarterly Dividends
Digital Currency Group (DCG), the company owned by Barry Silbert, disclosed that it was stopping its quarterly dividends till any additional notice. An email was...
Stablecoins And CBDCs Can Revolutionize Money, Says Bank Of America
The crypto sector has been growing since its inception. As time passes, organizations are paying a lot of attention to it. In addition to this,...