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Tag: financial regulation

Paribus. The Fragility of Finance.

Despite a lot of turbulence in the markets this week the Federal Open Market Committee (FOMC) did exactly what was predicted. Jerome Powell carefully...

Centralized intermediaries were cause of crypto failures in 2022, says Voorhees

The past year has been the “worst” in crypto history in terms of negative headlines, but most of the problems were caused by centralized...

Flagstar Bank Acquires Signature Bank’s Assets and Branches, Excluding Cryptocurrency Operations

On Monday, about a week after the collapse of Signature Bank, the Federal Deposit Insurance Corporation (FDIC) announced that Flagstar Bank, a wholly...

Circle’s USDC bounces back after Silicon Valley Bank bust

In this issueUSDC: Level-peggingSilvergate: Closing actChina finance: Reverse decentralizationFrom the Editor’s DeskDear Reader,Predictions that things will get worse before they get better are commonplace...

Silicon Valley Bank was the tip of a banking iceberg

Traditional financial institutions take deposits from customers and use them to make loans. But they loan out much more than what they have in...

Don’t Fear the FUD

Over the past week, the crypto market has taken a hit due to the usual Fear, Uncertainty, and Doubt (FUD) surrounding the potential for...

NBA Top Shot Lawsuit May Be Bad For Dapper—Could It Be Good for NFTs?

The multi-billion dollar NFT market has for years anxiously awaited the answer to a single question: Will the U.S. government classify non-fungible tokens as...

Hong Kong’s crypto rules and…food trucks

On Monday, February 20, the Securities and Finance Commission of Hong Kong issued a long-awaited consultation on expanding its regulation of crypto services to...

Payoneer Earns E-Money License from the U.K.’s FCA

Payoneer received its e-money license from the U.K. Financial Conduct Authority.The license will enable the digital commerce company to continue serving its U.K.-based...

FCA grants UK e-money license to Payoneer

Cross-border payments firm, Payoneer, has gained its Electronic Money License (EMI) with approval from the Financial Conduct Authority (FCA). The license will...

BIS Unveils New Stablecoin and Defi Monitoring Platform, With Focus on CBDC

The Bank of International Settlements (BIS) Innovation Hub has just unveiled its 2023 priorities, focusing on stablecoins, central bank digital currencies (CBDC), data monitoring,...

BIS Innovation Hub sets sights on stablecoin monitoring

The Bank for International Settlements has set out the plans for its Innovation Hub network in 2023, including work on the systemic monitoring...

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