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News

CFTC Seeks to Ban Binance From USA

The Binance crypto trading platform and its CEO Changpeng Zhao have been accused of violating the rules in a US federal court.

News

First Citizens Bank to Acquire Failed Silicon Valley Bank

First Citizens Bank will become the new owner of the failed Silicon Valley Bank.

News

FTC Cracks Down on Telehealth Apps and Data Sharing

The Federal Trade Commission (FTC) wants telemedicine companies to make adjustments to their data exchange practices.

Finance & Economics

Bank of America Reshuffles Lending Unit Employees

The media reports that the management of Bank of America has decided to reduce the staff of the division of this financial institution specializing in lending and capital management.

Finance & Economics

JP Morgan Pilots Biometric Payments With US Merchants

JP Morgan plans to implement a plan to introduce biometric payments as part of a partnership with retailers in the United States.

Blockchain & Crypto

Coinbase Becomes Second Crypto Firm to Receive SEC Wells Notice

The popular American crypto exchange Coinbase may find itself in a difficult situation in the near future due to the actions of federal regulators.

News

Panera Bread Pilots Palm Reading Tech by Amazon

Fast food network Panera Bread is introducing the Amazon One palm reading technology to enable seamless payments and access to the loyalty program

News

Florida Governor Ron DeSantis Proposes Banning Using CBDCs as Money

Florida Governor Ron Desantis has launched an initiative to ban central bank digital currencies (CBDC).

Finance & Economics

First Citizens Bank Aims to Buy Silicon Valley Bank

The media reports that First Citizens Bank plans to acquire a Silicon Valley Bank.

News

Charles Schwab Customers Deposit $16.5 Billion During Banking Crisis

Charles Schwab Company, which specializes in providing brokerage services in the financial market, reports an active influx of new customers in March amid the crisis of the American banking system.

Finance & Economics

Warren Buffett May Invest in Regional Banks

The media reported that the US authorities turned to Warren Buffett for help amid the crisis in the financial sector.

Finance & Economics

Large U.S. Banks Make Deposits Into First Republic Bank

Eleven of the largest U.S. banks place uninsured deposits worth $30 billion in First Republic Bank.

Federal Reserve System

FedNow Instant Payment System to Launch in July

The U.S. Federal Reserve has confirmed its long-awaited instant payments system FedNow, seen as an alternative to CBDCs and stablecoin payments, will launch in July

Finance & Economics

Crypto Platform Anchorage Cuts 20% of Workforce

Anchorage Digital Bank, a provider of digital asset storage services, announced the decision to reduce the workforce.

Blockchain & Crypto

Binance.US Delists Tokens Helium

Binance.US, the American division of the cryptocurrency exchange of the same name, has decided to exclude the Helium (HNT) and JasmyCoin (JASMYY) tokens from its platform.

Finance & Economics

Moody’s Downgrades US Banking Sector

Moody’s Investors Service has revised the forecast for the activity of the American banking sector downwards.