Bitcoin stable as Credit Suisse, Deutsche Bank rumored to be on verge of collapse
Bitcoin is holding steady as rumors of banking collapse circulate — some observers see this as the start of cryptocurrencies "decoupling" from legacy finance.
Follow crypto banking news, de-risking, stablecoin rails, fintech partnerships, and how traditional finance is adapting to digital assets.
Sweden's Riksbank teamed up with BIS, along with the central banks of Israel and Norway to test the use of Sweden's CBDC "e-krona", results will be published in a report by the first quarter of 2023.
The Bank for International Settlements (BIS) advisor announced the successful completion of a CBDC project involving multiple Asian central banks and a detailed report to follow this October.
A new blog post by former IMF official tracked the history of offline CBDCs and why he thinks they should used worldwide to promote financial inclusion.
The IRS has found that tax reporting and compliance is significantly low when it comes to digital asset transactions.
Due to the economic crisis in the country, all banks in Lebanon closed indefinitely starting from Sept. 22.
The SEC did not consult banking regulators before issuing guidance on crypto banking services, according to Reuters.