RSBI:REGULATORY-OVERSIGHT

US will be forced to curtail crypto if industry fails to act on illicit finance threats- official

Bitcoin coins are seen at a stand during the Bitcoin Conference 2023, in Miami Beach, Florida, U.S., May 19, 2023. REUTERS/Marco Bello/File Photo Acquire Licensing Rights...

Payments app Zelle begins refunds for imposter scams after Washington pressure

Washington6 months ago

Payments app Zelle begins refunds for imposter scams after Washington pressure

Nov 13 (Reuters) – Banks on the payment app Zelle have begun refunding victims of imposter scams to address consumer protection concerns raised by U.S. lawmakers...

Exclusive: Swiss authorities, banks mull new rules to prevent bank runs -sources

World6 months ago

Exclusive: Swiss authorities, banks mull new rules to prevent bank runs -sources

[1/3]A logo of Swiss bank UBS is seen in Zurich, Switzerland March 29, 2023. REUTERS/Denis Balibouse Acquire Licensing Rights LONDON/ZURICH, Nov 2 (Reuters) – Swiss authorities...

US Treasury unit proposes stepping up scrutiny of crypto mixers

Crypto6 months ago

US Treasury unit proposes stepping up scrutiny of crypto mixers

A bronze seal for the Department of the Treasury is shown at the U.S. Treasury building in Washington, U.S., January 20, 2023. REUTERS/Kevin Lamarque/File Photo Acquire...

Australia sues Westpac for negligence over financial hardship notices

Finance8 months ago

Australia sues Westpac for negligence over financial hardship notices

A woman exits the ground floor of an office building with Westpac logo amidst the easing of the coronavirus disease (COVID-19) restrictions in the Central Business...

US Fed clarifies process for banks to transact in stablecoins

Crypto9 months ago

US Fed clarifies process for banks to transact in stablecoins

The U.S. Federal Reserve building in Washington, D.C./File Photo Aug 8 (Reuters) – State banks that are a member of the U.S. Federal Reserve system should...

Texas power use hits record for sixth time this summer as heat wave lingers

Texas9 months ago

Texas power use hits record for sixth time this summer as heat wave lingers

July 31 (Reuters) – Demand for power in Texas hit a record high for a sixth time this summer on Monday as homes and business kept...

Brazil’s finance minister expects interest to fall to ‘at least’ 12% by year-end

Finance9 months ago

Brazil’s finance minister expects interest to fall to ‘at least’ 12% by year-end

BRASILIA, July 26 (Reuters) – Brazil’s Finance Minister Fernando Haddad said on Wednesday that he expects the basic interest rate to fall to “at least” 12%...

Cryptoverse: Ripple effect as explosive XRP leads market charge

Crypto9 months ago

Cryptoverse: Ripple effect as explosive XRP leads market charge

July 25 – XRP has become the unlikely white knight of crypto, thwarting its regulatory foes and dragging the market out of the doldrums. The price...

Broadcom’s $61 bln VMware deal wins conditional EU antitrust OK

World10 months ago

Broadcom’s $61 bln VMware deal wins conditional EU antitrust OK

BRUSSELS, July 12 (Reuters) – U.S. chipmaker Broadcom (AVGO.O) secured EU antitrust approval on Wednesday for its $61 billion proposed acquisition of cloud computing firm VMware...