Category: Regulation
Peter Schiff Anticipates A Global Move From Fiat Towards Virtual Currencies But Without Bitcoin
Recently, Peter Schiff shared his belief that global economies will soon turn to digital gold as an option. Schiff made the remarks during a recent…
More Than 80 Crypto-Related Firms Are Considering Establishing Their Presence In Our City – Hong Kong Financial Secretary
Amidst the city’s ambition of becoming a central Web3 hub, over 80 companies that deal with virtual assets in foreign countries and Mainland China have…
Boosting Dollar Liquidity: U.S. Federal Reserve Emphasizes International Swap Lines
To boost dollar liquidity and support global financial markets, the U.S. Federal Reserve is collaborating with other central banks and focusing on enhancing international swap…
Banks Have Been Borrowing Negligible Funds From Central Banks’ Swap Facility – Report
According to reports, the Federal Reserve in the United States introduced a new, improved dollar swap facility for seven days last Sunday to alleviate the…
The Merger Of UBS And Credit Suisse Creates Uncertainty For The Swiss Economy
After years of false starts and missteps, UBS Group has emerged as the single global bank of the country, swallowing up its rival, Credit Suisse….
The US Federal Reserve Funding Program Can Aid Banks With $2 Trillion – JP Morgan Chase
Meta description: The BTFP, an emergency funding support system by the Federal Reserve, can potentially inject up to $2 trillion into the US banking system,…
Steady Advancements In Digital Payments Would Help Expand Financial Inclusion In Emerging Markets – BlackRock CEO
Larry Fink, the CEO of BlackRock, the US-based investment firm, recently highlighted the benefits of digital payments. The CEO noted that the asset management industry…
Here’s Why the Credit Suisse Crisis Is Affecting the Crypto Market
The well-publicized struggles of Credit Suisse have been the topic of discussion among investors and industry experts in the past few weeks. This comes after…
First Republic Bank Slides To B2 From Baa1 After Moody’s New Rating
Moody’s Investors Service has recently downgraded First Republic Bank’s credit rating from Baa1 to B2. This is a significant downgrade for the bank, which has…
Research Shows CBDC Transactions Will Reach $213B By 2030
According to new research, payments involving central bank digital currency (CBDC) is expected to double by 2030 and reach $213 billion yearly. The researchers noted…
