Crypto Bank Custodia Denied Membership in US Federal Reserve System – Finance Bitcoin News
The U.S. Federal Reserve Board has rejected the attempt of Custodia Bank to become member of the Federal Reserve System. According to […]
MakerDAO Passes Proposal To Deploy $100 Million USDC In Yearn Finance Vault
In the hopes of generating yield while offering users what its best known for, MakerDAO, the issuer of the Ethereum-based stablecoin, DAI, […]
China-backed Blockchain Project Proposes SWIFT Alternative for Stablecoins and CBDCs – Finance Bitcoin News
The company developing China’s blockchain network wants to create a system for international settlements with stablecoins and state-issued digital currencies. The plan […]
Iran and Russia Consider Issuing Gold-Backed Stablecoin, Officials Unveil – Finance Bitcoin News
Tehran and Moscow are discussing the possible launch of a stablecoin for international settlements, the Russian press revealed. In order to mint […]
Georgia Prepares to Launch Digital Lari Pilot in First Half of 2023 – Finance Bitcoin News
The central bank of Georgia intends to publish a document detailing the concept of a national digital currency in the coming months. […]
Bradesco, One of Brazil’s Largest Banks, Launches Tokenized Credit Notes in Blockchain Pilot – Finance Bitcoin News
Bradesco, one of the largest banks in Brazil and the third biggest in all of Latam, has entered the cryptocurrency world by […]
The ‘olive’ finance debate is back
Welcome back. As Moral Money readers are well aware by now, the role of multilateral lenders is one of the hottest issues […]
Samsung’s Asset Management Arm Launches Bitcoin Futures ETF in Hong Kong – Finance Bitcoin News
Samsung’s asset management arm has launched a bitcoin futures exchange-traded fund (ETF). The new actively managed ETF is listed and traded on […]
Confirmation of Silvergate’s $8 Billion Deposit Plunge Sees Stock Price Drop by More Than 40% – Finance Bitcoin News
The price of the crypto-focused bank Silvergate Capital’s shares fell by over 40% after it reported a more than $8 billion drop […]
Bill on Digital Ruble Submitted to Russian Parliament – Finance Bitcoin News
A draft law devoted to the digital ruble has been filed with the State Duma, the lower house of Russian parliament. The […]
China’s Digital Yuan Little Used, Former Central Bank Official Says – Finance Bitcoin News
Trials of the digital yuan have produced disappointing results, according to a report quoting the former head of research at the Chinese […]