Tag: BISV

Britain’s first crypto regulations to set ‘robust’ standards
Crypto

Britain’s first crypto regulations to set ‘robust’ standards

DNNS January 31, 2023

LONDON, Jan 31 (Reuters) - Britain's finance ministry plans "robust" regulations for crypto assets, following the collapse of crypto exchange FTX last year, which left ... Read More

Crypto lender Celsius propped up its token, benefiting insiders – U.S. bankruptcy examiner
Crypto

Crypto lender Celsius propped up its token, benefiting insiders – U.S. bankruptcy examiner

DNNS January 31, 2023

SINGAPORE/LONDON, Jan 31 (Reuters) - Bankrupt crypto lender Celsius Network used investor money and customer deposits to prop up its own token, inflating its balance ... Read More

U.S. Federal Reserve rejects crypto-focused bank’s application to be supervised by the Fed
Crypto

U.S. Federal Reserve rejects crypto-focused bank’s application to be supervised by the Fed

DNNS January 27, 2023

Jan 27 (Reuters) - The U.S. Federal Reserve on Friday rejected crypto-focused Custodia Bank's application to become a member of the Federal Reserve System, saying ... Read More

Exclusive: Binance moved $346 mln for seized crypto exchange Bitzlato, data show
Crypto

Exclusive: Binance moved $346 mln for seized crypto exchange Bitzlato, data show

DNNS January 24, 2023

LONDON, Jan 24 (Reuters) - Crypto giant Binance processed almost $346 million in bitcoin for the Bitzlato digital currency exchange, whose founder was arrested by ... Read More

Factbox: The many companies in Digital Currency Group’s crypto empire
Crypto

Factbox: The many companies in Digital Currency Group’s crypto empire

DNNS January 20, 2023

Jan 20 (Reuters) - U.S. crypto company Digital Currency Group (DCG) is at the center of the industry's latest meltdown after the lending arm of ... Read More

FTX reports $415 mln in hacked crypto, Bankman-Fried says FTX US is solvent
Crypto

FTX reports $415 mln in hacked crypto, Bankman-Fried says FTX US is solvent

DNNS January 18, 2023

Jan 17 (Reuters) - Bankrupt crypto exchange FTX said in a report to creditors on Tuesday that about $415 million in cryptocurrency had been stolen ... Read More

Cryptoverse: Bitcoin is back with a bonk
Crypto

Cryptoverse: Bitcoin is back with a bonk

DNNS January 17, 2023

Jan 17 (Reuters) - Bitcoin is on the charge in 2023, dragging the crypto market off the floor and electrifying bonk, a new meme coin.The ... Read More

Tough road ahead for U.S. fintech lenders as default risk rises
Fintech

Tough road ahead for U.S. fintech lenders as default risk rises

DNNS January 13, 2023

Jan 13 (Reuters) - U.S. fintech companies that lend to consumers with impaired credit scores face a tough year as rising defaults and interest rates ... Read More

S&P 500 ends at highest in month, indexes gain for week as earnings kick off
Open Banking

S&P 500 ends at highest in month, indexes gain for week as earnings kick off

DNNS January 13, 2023

JPMorgan, Wells Fargo shares jumpU.S. consumers' inflation expectations ease - surveyTesla falls after price cuts on electric vehiclesIndexes: Dow up 0.3%, S&P 500 up 0.4%, ... Read More

JPMorgan ‘open for business’ in leveraged loans as rivals get stuck with losses
Legaltech

JPMorgan ‘open for business’ in leveraged loans as rivals get stuck with losses

DNNS January 13, 2023

Jan 13 (Reuters) - JPMorgan Chief Financial Officer Jeremy Barnum told investors the bank is "absolutely open for business" in leveraged lending even as other ... Read More