Fed policy to align bank oversight could limit crypto activities by state banks By Cointelegraph
[ad_1] The United States Federal Reserve Board announced Jan. 27 that it was issuing a policy statement on limitations on banks. The policy seeks to...
Fed denies Custodia Bank application to join the Federal Reserve System By Cointelegraph
[ad_1] The United State Federal Reserve Board has rejected Custodia Bank’s application to become a member of the Federal Reserve System. In its announcement, the...
Ireland’s Central Bank Governor calls for ban on crypto ads targeting young adults: Report By Cointelegraph
[ad_1] Gabriel Makhlouf, the governor of the Central Bank of Ireland, reportedly supports legislation which would ban advertising crypto projects to young people. According to...
Saudi Central Bank still researching CBDC, but no decision on deployment By Cointelegraph
[ad_1] The Saudi Central Bank (SAMA) is ramping up its research into Central Bank Digital Currencies (CBDCs) but is yet to announce a deployment. In...
UK gov’t is hiring a central bank digital currency lead for Treasury team By Cointelegraph
[ad_1] HM Treasury in the United Kingdom has begun calling for applicants to lead the central bank digital currency team behind efforts towards a digital...
FTX-linked Moonstone bank to exit the crypto space By Cointelegraph
[ad_1] Moonstone Bank, a rural Washington state bank that received an estimated $11.5 million investment from FTX’s sister company, Alameda Research, says that it will...
Bank of England governor questions need for digital pound By Cointelegraph
[ad_1] Andrew Bailey, the Bank of England (BoE) governor, expressed skepticism on the need for a digital pound shortly after finance ministers from eurozone countries...
Crypto Bank Silvergate Posts $1 Billion Loss, Says Industry Is in ‘Crisis of Confidence’ By DailyCoin
[ad_1] Crypto Bank Silvergate Posts $1 Billion Loss, Says Industry Is in ‘Crisis of Confidence’ The average customer deposit in the fourth quarter of 2022...
Bank of Thailand to allow first virtual banks by 2025 By Cointelegraph
[ad_1] Bank of Thailand has disclosed plans to allow virtual banks to operate in the country for the first time. Financial firms will be able...
China’s central bank includes digital yuan in report on currency circulation By Cointelegraph
[ad_1] The People’s Bank of China, or PBoC, has begun including the country’s central bank digital currency, the e-CNY, in reports measuring the amount of...