The New York Department of Financial Services (NYDFS) has announced a partnership with the Bank …
Bank
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Regulations
Police Allowed To Freeze Bank Accounts As New ‘Last Resort’ Law Targets Scammers – Here’s Where It’s Happening
by shayaanOne of the world’s largest financial hubs just passed a law giving police the authority …
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On Friday, China’s central bank took steps to support the yuan, which has been losing …
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Banco of Investimentos Globais (BiG), one of Portugal’s largest banks, started blocking fiat transfers to …
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The Governor of the Czech National Bank (ČNB), Aleš Michl, said the central bank is considering …
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Finance
US Lenders Lose $46,000,000,000 As Customers at Capital One, Citi, JPMorgan Chase, Synchrony, Discover, Citi and Bank of America Face Billions in Delinquencies
by shayaanDefaults on credit card loans are skyrocketing in the US. Lenders are now witnessing a …
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Regulations
Binance Granted Broker-Dealer License by Brazil’s Central Bank After Acquiring Brazilian Financial Services Firm
by shayaanThe world’s largest centralized crypto exchange by volume has received a broker-dealer license in Brazil …
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Sberbank, Russia’s largest lender, has joined the digital ruble pilot program along with TBank and …
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Finance
JPMorgan Chase, Bank of America, Citigroup and Wells Fargo Consolidate Power Over Banking Industry Amid Record Profit Share: Report
by shayaanAmerica’s biggest banks are about to lock in their largest share of the banking industry’s …
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Regulations
Singapore’s Central Bank Sees Good Potential for Stablecoins To Become Widely Used Payment Instrument
by shayaanThe Monetary Authority of Singapore (MAS) says that stablecoins have the potential to become a …