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In a joint statement released by three United States federal agencies, the banking sector was advised against creating new risk management principles to counter liquidity risks resulting from crypto-asset market vulnerabilities.The Board of Governors of the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller
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‘Italian FTX’ Leaves Users in Limbo, Citing ‘Difficulties in Liquidity Management’ Original Source
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With the right user base and its alignment with existing regulations, DZ Bank will open access to millions of users to consider getting into the crypto ecosystem with its offering. DZ Bank, the second-largest financial services provider in Germany is set to dive into the crypto asset management niche and
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DZ Bank, Germany’s second-largest bank in terms of asset size, will fully integrate digital currencies into its asset management services in collaboration with the digital asset firm Metaco.According to the announcement sent to Cointelegraph, DZ Bank selected Metaco's custody platform Harmonize to offer digital currencies to its institutional clients. Nils
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Alongside a big rally in crypto-related stocks Thursday, shares in Silvergate are soaring 38% and are now higher by 30% year-to-date. They remain lower by 80% year-over-year thanks in general to the crypto bear market and in particular by the bank’s relationship with failed crypto exchange FTX. Source
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The California Department of Motor Vehicles (DMV) is testing out the digitization of car titles and title transfers via a private Tezos blockchain. The move is part of a collaboration between the California DMV, Tezos and blockchain software firm Oxhead Alpha, with the latter announcing t successful proof-of-concept on Jan.
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New York banking powerhouse Morgan Stanley has posted its Q4 2022 financial report, which reveals mixed results.Morgan Stanley (NYSE: MS) recently posted its Q4 2022 earnings report, surpassing consensus estimates. The New York-based banking giant received a significant boost in its latest quarterly bottom line from record wealth management revenue.For Q4 2022,
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The Nigerian Debt Management Office (DMO) contravened the law when its borrowings exceeded the set limit which is equivalent to $2.2 billion, Adetilewa Adebajo, an international financial markets expert has reportedly said. Adebajo also suggested that the Central Bank of Nigeria governor Godwin Emefiele should be probed for his role
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Samsung’s asset management arm has launched a bitcoin futures exchange-traded fund (ETF). The new actively managed ETF is listed and traded on the Hong Kong stock exchange. It seeks “to provide economic exposure to the value of bitcoin,” Samsung detailed. Samsung’s Bitcoin Futures ETF Samsung Asset Management (Hong Kong) Ltd., a wholly
Read More“It’s important to remember the people behind the information.” 12 May 2022 Meet Iman It can be easy to forget that the ICO isn’t just the regulator of data protection – we’re a data controller too! I lead a team that’s
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