financial institutions
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Ripple’s Q1 Report Shows Impressive Sales Growth and Increased Trading Volume
On April 28th, Ripple reported in its first quarter report that the total sales of XRP in the first quarter of 2023 (excluding purchases) were $3610.6 million, compared to $2263.1
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Regulating Financial Standards: An Ever-Growing Challenge
According to reports, Patrick Hansen, the EU policy leader of Circle, tweeted that a clear regulatory principle should be a standard and non negotiable approach
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New York Mellon Bank: No intention to increase cryptocurrency related deposits
According to reports, New York Mellon Bank has no intention of increasing cryptocurrency related deposits and does not consider the bank to be a \”cryptobank\”.
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Ethereum Surges Past $2100: Here’s What You Need to Know
According to reports, Ethereum has briefly exceeded $2100 and is currently quoting $2101, up 0.45% in the past hour.
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North Korean Hackers Steal Over $1 Billion in Virtual Assets: What You Need to Know
On April 7th, according to a 2022 annual report by the US National Security Council, North Korean hackers have stolen virtual assets ranging from $630 million t
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Ava Labs Launches Avalanche Evergreen Subnet for Financial Blockchain Deployment
It is reported that Ava Labs announced the launch of Avalanche Evergreen subnet, which will be a set of institutional blockchain deployment services and tools s
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PostFinance Switzerland to Offer Cryptocurrency Trading through Partnership with Synnum Bank
According to reports, PostFinance, the fifth largest retail financial institution in Switzerland, has stated that it will begin providing users with access to c
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Switzerland plans to pilot stable currency and real-time wholesale CBDC
It is reported that last week, Swiss National Bank (SNB) outlined its Swiss payment vision. The central bank has conducted various wholesale central bank digital currency (CBDC) te
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Tightening Controls on Cryptocurrency Businesses by US Regulators
According to reports, the Financial Times believes that US regulators have taken action to tighten controls on financial institutions\’ cryptocurrency related bu
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Evaluating Money Laundering Risks in DLT: European Banking Authority’s Proposal
According to reports, the European Banking Authority proposed in a draft guidance issued on Wednesday that EU regulators should consider whether encryption styl
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#Creating an XRP Bank – A Realistic Concept or a Hoax?
According to reports, Jimmy Valle, the applicant for the Repurchase Proposal for XRP in Swiss Dollars, proposes to create an XRP bank that allows investors to d
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Data: The Federal Reserve’s balance sheet expanded again by more than $40 billion
According to reports, according to the latest data on the official website of the Federal Reserve, as of March 21, the size of the Federal Reserve\’s balance she
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Global Settlement Bank Platform Arf Launches USDC Unsecured Short Term Financing Scheme for Licensed Financial Institutions
On March 21, the global settlement banking platform Arf launched an unsecured short-term working capital financing solution based on USDC for licensed financial
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People’s Bank of China Reduces Deposit Reserve Ratio
It is reported that the People\’s Bank of China has decided to reduce the deposit reserve ratio of financial institutions by 0.25 percentage points on March 27,
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Digital Banks Experience Heightened Customer Demand Following Silicon Valley Bank Failures
On March 16th, it was reported that the number of customers and deposits of several American digital banks has surged after the collapse of Silicon Valley banks
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FDIC sets deadline for sale of bankrupt Silicon Valley Bank and Signature Bank
According to reports, people familiar with the matter disclosed that the regulators of the Federal Deposit Insurance Corporation (FDIC) of the United States req
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Airwallex Air Cloud Remittance Ensures Customer Fund Security Despite Silicon Valley Bank Incident
According to reports, in response to inquiries related to the Silicon Valley Bank incident, Ripple\’s partner Airwallex Air Cloud Remittance officially released
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Bittrex Transferring Customer Deposits to Other Financial Institutions
It is reported that Bittrex, a cryptocurrency exchange headquartered in Seattle, announced that, in view of the recent announcement by Silvergate Bank that they
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Bridgetower Capital Introduces Turnkey Portal for Financial Institutions
It is reported that BridgeTower Capital, a blockchain technology company, announced the launch of a turnkey portal that connects financial institutions with Li…