FDIC proposes special assessment fee for big US banks to replenish failure fund
The Federal Deposit Insurance Corporation (FDIC) has announced that they will impose a “special assessment” fee of 0.125%...
banks
banks
Crypto companies face new challenge as UK banks are declining crypto clients
Recently, a new problem has arisen for crypto companies as UK banks are declining crypto clients. As per...
Economist Nouriel Roubini claims that most U.S. banks are technically near insolvency
Nouriel Roubini, an economist known for predicting the 2008 financial crisis, has made a bold claim that most...
Bitcoin to fall again as public trust in Banks jumps back says Wharton Professor
According to a recent report, a Wharton School professor has predicted that the value of Bitcoin is expected...
US doesn’t know how to guarantee bank deposits worth $18 trillion
The current banking crisis in the United States has shaken the roots of its economy. A major level...
US lawmaker urges government to guarantee all deposits to stabilize smaller banks
US lawmaker urges the government to guarantee all deposits in order to avoid runs on smaller banks. The...
Pakistan banks to use blockchain for implementing KYC
The Pakistan banks association plans to use blockchain to implement know-your-customer policies. It will be a significant step...
Crypto purchases with credit cards to be banned by HSBC and UK banks
HSBC holdings and Nationwide Building Society are banning crypto purchases with credit cards for retailers. This shows that...
Moody’s Predicts Global Economic Growth to Slow Down in 2023
Moody’s Investors Service has released a report stating that the global economy is expected to slow down in...
Sanctioned Russian Banks got permit to transact through Major Crypto Exchanges
Two of the world’s largest crypto exchanges failed to take steps to prevent sanctioned Russian banks from using...