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Tag: bank runs

The Money Makeover: Will Central Bank Digital Currencies Break the Bank (Literally)?

Cash may be king, but its reign is on shaky ground. Enter Central Bank Digital Currencies, the potential future of finance, whispered about in hushed...

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FCA Chief Urges Global Collab on Fintech Regulation

The head of the UK's Financial Conduct Authority (FCA) emphasized the need for global coordination in regulating financial technology in the dynamically changing world. The FCA's Chairman,...

SEC’s Approval Of Bitcoin Markets Could Lead To Potential Financial Catastrophe – CryptoInfoNet

Over the past several decades, there have been rapid and fundamental changes in the finance and banking sectors. The banking reforms of the New...

JPMorgan Chase, Citibank and Goldman Sachs Drafting Landmark Lawsuit Against Federal Reserve: Report – The Daily Hodl

A group of America’s biggest banking titans are considering whether they should pull a shocking move – suing the U.S. Federal Reserve. JPMorgan Chase, Citibank...

UK Advancing Towards a Digital Pound: Exploring CBDC Feasibility

The UK's journey towards potentially introducing a digital pound, colloquially termed "Britcoin," has entered a new phase. The Bank of England (BoE) and HM...

Global leaders and Nobel laureate attend AFF 2024

HONG KONG, Dec 19, 2023 - (ACN Newswire) - Asian Financial Forum 2024 (AFF), co-organised by the Hong Kong Special Administrative Region (HKSAR) government...

2023 Predictions Versus Reality

Looking back on predictions can be a painful exercise – after all, hindsight is 20/20. But it can also be useful to consider why...

UK lawmakers wary of launching retail CBDC due to privacy, financial stability concerns

The U.K. Parliamentary Treasury Committee issued a stern warning about the development of a retail central bank digital currency (CBDC), or ‘digital pound,’ and...

Stablecoin bill is a ‘no-brainer’ — Consensys director on US legislation

Amid ongoing campaigns for the elections in 2024, many United States lawmakers have not sealed the deal on legislation aimed at establishing regulatory clarity...

New Zealand dollar stablecoin goes live through local crypto exchange

A New Zealand dollar-pegged stablecoin has gone live through a partnership with New Zealand crypto exchange Easy Crypto and Australian blockchain development firm Labrys.In...

Michael Saylor’s a fan, but Frisby says bull run needs a new guru: X Hall of Flame

Dominic Frisby recalls meeting MicroStrategy’s Michael Saylor for the first time at a crypto event. What started off as an awe-struck moment became confusing...

Bitcoin-friendly Javier Milei wins Argentina presidential election

Argentina's Bitcoin (BTC)-friendly Javier Milei won the country’s presidential run-off election on Nov. 19, beating out his opponent Sergio Massa.With almost 99% of the...

JPMorgan Chase, Wells Fargo and BofA Hit With Negative Ratings Outlook As Moody’s Says US Government Has Weaker Capacity To Support Big Banks –...

Three US banking giants have just had their ratings downgraded to “negative” by Moody’s. Moody’s Investor Service downgraded JPMorgan Chase, Wells Fargo and Bank of...

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