Fintech threat to big banks eased in 2022 as prices rose – report
Feb 15 (Reuters) – The competitive threat from financial technology companies to big banks eased over the past year as rising interest rates constrained funding, a...
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Dollar heads for first weekly loss in five, crypto falls
LONDON, March 3 (Reuters) – The U.S. dollar fell from a 2-1/2-month high against the yen on Friday and appeared poised for its first weekly loss...
Cryptoverse: Bitcoin Moves Towards Satoshi’s Payment Dream
Feb 28 (Reuters) – Satoshi Nakamoto would be proud. Youth bitcoin may finally repay its creator’s faith. The 15-year-old cryptocurrency has filled many roles – from...
UK’s first crypto regulations setting “robust” standards
LONDON, Jan 31 (Reuters) – Britain’s Treasury is planning “robust” regulations for cryptoassets, following the collapse of crypto exchange FTX last year, which left millions of...
IMF flags obstacles to debt restructuring, says banning crypto should be an option
BENGALURU, Feb 25 (Reuters) – Group of 20 (G20) nations have some disagreements over debt restructuring for distressed economies, the head of the International Monetary Fund...
Cryptoverse: Tether tightens its grip on the wobbly world of stablecoins
Feb 21 (Reuters) – The world of stablecoins suddenly looks shaky. Seismic changes may be underway in the $137 billion market after New York-based Paxos Trust...
The EU calls for quick rules on crypto capital for banks
LONDON, Feb 20 (Reuters) – Tough capital rules for banks holding cryptoassets must be followed up in the EU’s pending banking law if Europe is to...
EU lawmakers to vote on tighter crypto, ESG rules for banks
Lawmakers to vote on tougher shadow banking rules Legislators seek to link ESG with bonuses Lawmakers are seeking to adapt to global rules for crypto LONDON,...
Fed’s Waller Says Crypto Is Risky, Harker Sees Still Demand
Feb 10 (Reuters) – Federal Reserve Governor Christopher Waller had a pair of warnings to those involved in cryptocurrency assets on Friday, telling buyers they could...
Cryptoverse: Is Bitcoin Out of the Woods? Consider the options
Feb 7 (Reuters) – Have bitcoin and ether finally turned a corner? It seems so, if crypto options traders are anything to go by. The volume...