Banks News
Russia to Test Digital Ruble With Banks, Clients
The country’s central bank will begin real-world tests of the digital currency with 13 banks and limited clients on Aug. 15. Vladimir ...
Futures Rise On Hope China’s Deflation Will Lead To More Policy Easing
S&P futures point to a higher open after China officially entered into deflation with -0.4% CPI print, continuing the buying momentum fr...
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
Leader in cryptocurrency, Bitcoin, Ethereum, XRP, blockchain, DeFi, digital finance and Web 3.0 news with analysis, video and live price upd...
Sentiment inches higher in light newsflow, US 10yr due – Newsquawk US Market Open
European bourses are firmer as the tone improves while US futures attempted to claw back recent downside DXY dips under 102.50, Yuan in focu...
U.S. Fed to supervise the involvement of banking sector in crypto
The Federal Reserve’s vigilance over banks’ participation in digital assets highlights a balance between risk management and innovation....
Mixed APAC trade given an earnings deluge and latest CPI from China – Newsquawk Europe Market Open
APAC stocks traded mixed as participants digested a deluge of earnings releases and the latest inflation data from China Chinese inflation d...
US Fed steps up oversight of banks’ involvement with crypto firms
The United States Federal Reserve is broadening the scope of its supervision program which oversees U.S. banks that engage with the cryptocu...
Federal Reserve creates ‘Novel Activities Supervision Program’ to oversee new financial technologies
The Federal Reserve Board announced on Aug. 8 the creation of the Novel Activities Supervision Program, a key initiative designed to oversee...
Fed Starts New Program to Oversee Crypto Activity in U.S. Banks
Fresh crypto guidance from the U.S. central bank doesn’t represent a departure from previous policy, but it provides more details on what ...
Moody’s Raises Alarm on U.S. Banks. It’s a Reminder of the Turmoil in March.
Palantir’s 135% AI Surge Set for Earnings Showdown (Bloomberg) — Palantir Technologies Inc. faces a fresh test of whether it can jus...
Crypto’s Path Forward Could Follow the Financial World’s Departure From LIBOR
The financial services industry has a way of spawning innovation and growing from its crises. Phasing out LIBOR was a political and economic...
Ripple CTO Clarifies Misconceptions Surrounding XRPL Memos for Banks and Governments
In a recent Twitter exchange, Ripple’s Chief Technology Officer (CTO), David Schwartz, addressed concerns raised by an XRP community membe...