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Browsing: Bank
CEO Brian Moynihan is ready to issue a stable coin if regulations are permitted, Bank of America is ready, and regulations are permitted
By Nathan
Key takeout Bank of America plans to issue Stablecoin once regulatory clarity is available. The proposed stablecoin is fully supported and resembles existing financial products. Please…
Bank of England Governor Andrew Bailey expressed skepticism about the role of central banks’ digital currency (CBDC) in financial stability, highlighting that central banks must manage…
Key takes The U.S. Senate is investigating claims for obstruction for specific banks and industries. The banking industry calls for more clear standards and simplification of…
TELCOIN has been approved by the Digital Asset Bank Charter in Nebraska. This is the position of Telcoin as one of the first -federal -regulated digital…
Key takes SEC is replaced by SAB 121 and provides an approach based on the principle of encryption accounting. In SAB 122, banks are allowed to…
Czech Central Bank pursuing research on Bitcoin Protection Reserve despite the opposition of ECB
By Nathan
Czech National Bank (CNB) announcement On January 30, we plan to investigate the possibility of containing bitcoin (BTC) in spare assets. This movement has occurred despite…
Key takes Ingrand Bank reduced interest rates to 4.75 %, as the British inflation rose to an 8 month height. The increase in transportation costs and…