Credit Suisse, a 166-year-old institution that was once a symbol of Swiss pride, is struggling to survive as investors, fearing that the bank could run
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Anchorage Digital Asset Bank Announces 20 % Reduction In Force
Anchorage Digital, a federally chartered digital asset bank, announced on March 14 that it will be reducing its headcount by approximately 20%, or 75 employees,
SWIFT Sets Out Blueprint for Next Phase of a Central Bank Digital Currency (CBDC) Network
Financial messaging system SWIFT has laid out its blueprint for a global central bank digital currency (CBDC) network after receiving positive testing results. According to
Coinbase Crypto Exchange Post $557 Million Loss With Eyes on Expenses
While the $629 million in revenue for the three-months ended in December was higher than the average analyst estimate of $581 million, it was about
Russia May Accept Oil Payments in Bitcoin, But That May Not Be Easy
Russia has raised the possibility of using bitcoin to pay for the country’s commodities, a move that analysts say may be harder in practice to
North Korean Hackers Attacking U.S. Social Media, Crypto Firms & IT Companies
Google recently discovered coordinated attacks by North Korean government-backed hackers against U.S.-based organizations in the news media, IT, fintech and cryptocurrency industries, the company’s cybersecurity
In Ukraine; Cryptocurrency Is Legal As The War Torn Country Seeks For Financial Solutions
The cryptocurrency sector is now legal in Ukraine with the newly minted status arriving as the country has spent millions of dollars in cryptocurrency donations
Finally, Biden Signs Executive Order On Crypto & Digital U.S. Dollar
The Biden administration is taking a whole-of-government approach to the “responsible” development of crypto as well as building a central bank digital currency. On Wednesday,
OCC Chief Counsel Release Clarification of Banks Authority to Engage in Digital Assets
On November 18, the Chief Counsel of the Office of the Comptroller of the Currency (OCC) issued a fourth interpretive letter (Letter 1179) regarding whether it is
Block.one to Pay $27.5 Million Placed On Hold, For Now
A New York federal judge said he won’t approve a proposed $27. 5 million securities settlement over a cryptocurrency company’s $4 billion initial coin offering