German crypto neobank Nuri shuts down business after failing to find buyer
CEO Kristina Walcker-Mayer said the decision was taken as the company was unable to find a potential acquirer or investors.
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CEO Kristina Walcker-Mayer said the decision was taken as the company was unable to find a potential acquirer or investors.
Soumen Datta 2 min read
Federal Reserve Bank Vice Chair Michael Barr called on Congress to take action and provide an actual strong federal framework that will allow proper regulation of stablecoins.
Cardano founder Charles Hoskinson made the statement in reaction to a picture of Kanye West wearing a cap with a Satoshi Nakamoto inscription after he was de-banked by JPMorgan.
Michael Barr said that although banks are not directly exposed to crypto market losses, the liquidity risks associated with deposit fluctuations may affect their financial stability.
BNY Mellon clients would be able to store the keys to their assets with the bank.
The RBI released a concept paper that outlined its motivation, design choices, and technological considerations for the pilot phase of the CBDC project.
SWIFT Chief Innovation Officer Tom Zschach said that the innovation could help address CBDC's need for interoperability with the existing financial system.
Bitcoin is holding steady as rumors of banking collapse circulate — some observers see this as the start of cryptocurrencies "decoupling" from legacy finance.
Basel Committee report reveals 19 biggest financial institutions worldwide hold €9.4 billion worth of crypto.
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