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The Basel Committee's framework, based on responses to a December 2022 discussion paper, must be implemented by 2026.

#federal reserve #united states #banks #banking

The Federal Reserve’s leadership seemingly views generative AI as a “super analyst” capable of turbocharging the agency’s work process.

#cryptocurrencies #united states #banks #cbdc #sanctions #central bank #central bank digital currency #iran

Unlike other types of electronic money in Iran, the digital rial doesn’t require interbank settlement to transfer funds between the buyer and the seller.

#banks #regulation #australia #blockchain week #blockchain australia #crypto lobby #industry body

Blockchain Australia is now the Digital Economic Council of Australia (DECA) with a membership category for banks, most of which have blocked crypto exchanges.

#markets #btc price #cryptocurrencies #banks #bitcoin price #btc #bitcoin etf #bitcoin etfs #banking crisis #bitcoin breakout

Bitcoin price may be closer to the big milestone $100,000 mark than many realize as a looming banking crisis could see BTC become the new "safe haven asset."

#hong kong #banks #cbdc #china #digital yuan #peoples bank of china #yuan #central bank digital currency #e-cny pilot

While Hong Kong residents can sign up for a digital yuan (e-CNY) wallet with a phone number, the CBDC is currently restricted to cross-border transactions and cannot be used for person-to-person transfers within Hong Kong.

#federal reserve #banks #banking

Custodia Bank is challenging a lower court’s ruling in its battle for a Federal Reserve master account.

#crypto #banks #europe #mica #assets #bitcoin adoption

Some of Europe's largest banks are developing crypto solutions thanks to the regulatory clarity provided by the MiCA framework.

#cryptocurrencies #banks #cryptocurrency exchange #germany #deutsche bank

The Landesbank Baden-Württemberg will start offering crypto custody services to institutional clients starting from the second half of 2024.

#federal reserve #banks #tokens

Michael Hsu urged international cooperation and collaboration in a bid to prevent crypto firms from leveraging competition among jurisdictions.

#banks #ecb #banking #cbdc #central bank

Banks continue to raise objections that have already been accounted for in digital euro design, the authors say.

#federal reserve #ftx #banks #regulation #law

According to the Fed, Farmington State Bank had winded down operations and “no longer functions as a bank” following the initial enforcement action.

#news #policy #regulations #banks #nigeria #central bank of nigeria

Nigerian banks are still restricted from holding or trading crypto on their own behalf, despite regulators’ softening stance toward digital assets.

#banks #bitcoin payments #bitcoin wallet #wikipedia #wikileaks

BTC proponents argued to Jimmy Wales that banks might work, but they’re not available to everyone and that storing BTC personally and storing fiat via banks are two different things.

#finance #news #banks #stablecoins #société générale #euro #bitstamp #france

The listing marks the first time a euro stablecoin issued by a fully regulated bank is available on a cryptocurrency exchange.

#trading #banks #austria #bitpanda

Raiffeisen Bank’s RLB NÖ-Wien is preparing to introduce cryptocurrency trading services to its retail clients in early 2024.

#finance #news #bcb group #people #banks

Oliver Tonkin has replaced Oliver von Landsberg-Sadie at the crypto banking firm.