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US Congress Targets JPMorgan And Bank Of America On China CATL’s Listing
The U.S. House of Representatives Select Committee on China has escalated its investigation into Wall Street’s involvement with Chinese companies by subpoenaing…
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Abu Dhabi Judiciary Adopts Crypto For Legal Fee Payments
Abu Dhabi Judicial Department (ADJD) has signed a strategic partnership with AL Maryah Bank to allow the use of AE coin to…
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Is The U.S. Dollar Still Safe? Why The Bank Of England Is Asking Tough Questions
The Bank of England is taking a closer look at how exposed UK banks are to the U.S. dollar. This move comes…
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FCA Fines Barclays $56 Million For Compliance Failures Tied To UK Crime Probe
Britain’s financial regulator fined Barclays £42 million ($56 million) for reportedly failing to properly assess the money laundering risks posed by two…
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Stablecoins Gain Legal Status In U.S. As GENIUS Act Becomes Law
President Donald Trump on Friday signed the GENIUS Act into law, establishing the United States’ first dedicated regulatory framework for dollar-backed stablecoins.…
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FaceBook Founder Mark Zuckerberg Announces Multi-Billion Dollar Plan To Build AI Data Centers
The founder of Facebook (owned by Meta), Mark Zuckerberg, has recently revealed his company’s intention of building large data centers to train…
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Ripple, Circle & BitGo Aim To Join U.S. Banking Elite With Trust License Bid
Ripple, Circle, & BitGo have each applied for federal trust bank charters in the U.S., according to a report by the Wall…
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U.S. Federal Reserve May Loosen Oversight Rules For Big Banks
The U.S. Federal Reserve has announced a proposal to change how it grades large banks, potentially making it easier for them to…
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Robinhood Investigated In Florida Over Alleged Deceptive Crypto Pricing
Robinhood is under investigation in Florida over claims that its cryptocurrency platform misled customers about trading costs. The state’s attorney general, James…
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Dubai and Crypto.com Join Forces To Revolutionize Real Estate Digitally
The Dubai Land Department (DLD) has announced its partnership with Crypto.com under a Memorandum of Cooperation (MoC) to digitize the real estate…