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A member of the Iranian parliament has told local media the government plans to impose new punishments on women who do not wear a hijab in public, with individuals who refuse to comply after two warnings possibly having their bank accounts frozen. Hossein Jalali, a member of the Cultural Commission of
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Nearly a quarter of the New York-based bank’s $103 billion in total deposits, or roughly 23.5%, came from the crypto industry as of September 2022. But given the recent “issues” in the space, Signature will reduce that amount to under 15% eventually, DePaolo said. Source
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"[There are] reports that Mr. Bankman-Fried ‘secretly transferred some $10 billion of customer funds to his trading vehicle, Alameda Research,’ to fund ‘risky bets,’ violating both U.S. securities laws and FTX’s own terms of service," said the letter. "We are concerned about Silvergate’s role in these activities because of reports
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Led by analyst Manan Gosalia, the team from the Wall Street bank downgraded its rating on Silvergate's shares to underweight from equal weight, but kept its price target at $24. The stock was lower by 3% to $25.69 in premarket trading, adding to a decline of more than 50% since
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The partnership between SEBA Bank and Hashkey Group is forged to restore trust and allay fears from investors across the board.Swiss digital currency bank SEBA Bank has inked a strategic partnership with Hashkey Group to float new products and services that will drive institutional adoption of cryptocurrencies. As announced, both
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“An increased urgency for regulation may enable greater institutional engagement, and a shift in focus (and capital) from speculative trading to projects with real-world functionality and companies with roadmaps to profitability may accelerate industry maturity,” analysts Alkesh Shah and Andrew Moss wrote. Original Source
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With the crypto winter slowing down developments within the space, two digital asset-focused firms will work together to speed up digital asset adoption for institutions. In an announcement sent to Cointelegraph, crypto-focused company SEBA Bank said that it formed a partnership with the financial services firm HashKey Group to accelerate the
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Plus: What happens when you go from bitcoin-only to … not? Crypto Long & Short is CoinDesk's weekly newsletter featuring insights, news and analysis for the professional investor. Original Source
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Banking giant Sber wants to integrate its blockchain platform with the Ethereum blockchain and the Metamask wallet. The Russian bank believes the integration will give developers more options and create new opportunities for users when in operations with tokens and smart contracts. Sber Bank to Provide Ethereum and Metamask Support
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Central bank governors from around the globe are currently in Thailand to discuss the role of central banks amid evolving financial technology. The conference is jointly hosted by the Bank of Thailand (BOT) and the Bank for International Settlements (BIS).A panel discussion on digitalized monetary systems saw Eddie Yue, chief
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