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Tag: bank runs

‘Primitive’ stablecoin lacks mechanisms that maintain fiat stability: BIS

Stablecoins lack crucial mechanisms that guarantee money market stability in fiat, and an operational model that gave regulatory control to a central bank would...

Why Bitcoin holds the upper hand against CBDCs

When FTX crashed in November 2022, it triggered a multi-billion dollar exodus spree, bringing Bitcoin down 22% in a single day. By the end...

Stablecoin issuer Circle weighing up 2024 public launch: Report

USD Coin (USDC) issuer Circle is contemplating an initial public offering (IPO) in early 2024, according to Bloomberg.A Nov. 7 Bloomberg report citing people...

Sam Bankman-Fried Was Convicted Of Fraud Following The Collapse Of The Cryptocurrency Exchange FTX. Here’s What Investors Need To Know – CryptoInfoNet

In the fast-paced world of cryptocurrency, vast sums of money can be made or lost in the blink of an eye. In early November...

Bank Withdrawal Limits and Exit Fees Under Consideration by Financial Authorities in Switzerland, According to Contentious New Report – The Daily Hodl

The Swiss National Bank and the Swiss Finance Ministry are considering new measures that would make it more difficult for wealthy people to move...

Bug in Fed’s payment system prevents bank customers from getting paid

Some of the largest United States banks are not able to facilitate customers deposits after one of the Federal Reserve’s payment systems suffered an...

Bitcoin price hits all-time highs across Argentina, Nigeria and Turkey

The price of Bitcoin (BTC) has notched new all-time highs against some of the world’s most inflationary fiat currencies.Across 30 hours over Oct. 23 to...

Bitcoin price hits all-time highs across Argentina, Nigeria and Turkey

The price of Bitcoin (BTC) has notched new all-time highs against some of the world’s most inflationary fiat currencies.Across 30 hours over Oct. 23 to...

Pro-Bitcoin Javier Milei trails as Argentina’s presidential election goes to run-off

Pro-Bitcoin (BTC) presidential candidate Javier Milei failed to secure victory in the first round of the Argentine presidential election and is now set to...

Singapore, China, & Cambodia Lead the Pack in CBDC Development – Fintech Singapore

In Asia, central banks and monetary authorities are rushing to develop and deploy central bank digital currencies (CBDCs), a technology that they believe is...

Why Did Most Crypto Interest Accounts Fail in 2022?

A Timeline of How and Why Most Crypto Interest Failed in 2022 Final Thoughts: Why Did Crypto Interest Accounts Fail? ...

Ether futures ETFs launching, SBF trial to begin and 3AC’s Su Zhu arrested: Hodler’s Digest, Sept. 24-30

Top Stories This Week Ethereum futures ETFs to start trading next week Investment firm Valkyrie will start offering exposure to Ether futures in the...

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