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Response to Facebook Libra? EU Banks Can Deploy Payment System By 2020

Response to Facebook Libra? EU Banks Can Deploy Payment System By 2020

All banks in the eurozone could share the instant payment system at the end of 2020, as reported by Reuters on 26 June.

Central African Regional Bank Seeks to Introduce Common Digital Currency

Central African Regional Bank Seeks to Introduce Common Digital Currency

The Bank of Central African States is considering creating a common Central Bank Digital Currency (CBDC) that would serve its six member states.

Two Major Events Will Influence the Bitcoin Price in the Next 24 Hours

Two Major Events Will Influence the Bitcoin Price in the Next 24 Hours

Bitcoin and cryptocurrency traders face a moment of pause as they await two major events that will either send the BTC price soaring or cause a major bearish correction.

Central African Republic Top Court Blocks Purchases with New Crypto

Central African Republic Top Court Blocks Purchases with New Crypto

The High Court of the Central African Republic has ruled that using govt-backed crypto to buy “e-residency” or citizenship and land goes against the country’s constitution.

INX to renew Share and Token Repurchase Programs

INX to renew Share and Token Repurchase Programs

INX announced the renewal of its normal course issuer bid (NCIB) to repurchase common shares and INX Limited's token repurchase program.

JP Morgan Executive Warns of Banking Collapse

JP Morgan Executive Warns of Banking Collapse

Bob Michele, CIO of JP Morgan Asset Management, expresses concern over how US regional banks will operate post-emergency lending programs, warning of potential collapse after First Republic Bank's liquidity issues.

WhaleFin is being sued by Atletico Madrid for unpaid sponsorship

WhaleFin is being sued by Atletico Madrid for unpaid sponsorship

Atletico Madrid is suing WhaleFin for €20 million over a terminated €40 million sponsorship deal, claiming financial losses and potential reputational damage.

Central African Republic to Launch Sango Coin Cryptocurrency Next Week

Central African Republic to Launch Sango Coin Cryptocurrency Next Week

The latest move by the Central African Republic comes after it adopted Bitcoin as legal tender in April. The African country plans to adopt cryptocurrency to revitalize its economy.

Central African Republic Adopts Bitcoin as Legal Tender, Second Country Following El Salvador

Central African Republic Adopts Bitcoin as Legal Tender, Second Country Following El Salvador

Central African Republic (CAR) has officially adopted Bitcoin (BTC) as a legal tender in the country, following in the footsteps of El Salvador in Central America.

Elon Musk Endorses Pro-Crypto Republican Presidential Candidate Vivek Ramaswamy

Elon Musk Endorses Pro-Crypto Republican Presidential Candidate Vivek Ramaswamy

Elon Musk endorses pro-crypto candidate Vivek Ramaswamy. Amidst tense crypto regulations, the 2024 U.S. elections may shape the future of digital currencies.

JPMorgan to Acquire First Republic Bank Assets

JPMorgan to Acquire First Republic Bank Assets

JPMorgan Chase is set to acquire First Republic Bank's assets after the troubled bank was closed by regulators. JPMorgan will assume all assets, including uninsured deposits, and enter into a loss-sharing agreement with the FDIC.

Flipside Crypto Pulls $50m from Investors, Led by Republic Capital

Flipside Crypto Pulls $50m from Investors, Led by Republic Capital

Flipside crypto, blockchain analytics, and business intelligence startup have raised $50 million in new funding round to increase its valuation tenfold to $350 million.

Republic Invests $5.25 Million into INX at a Valuation of $50 Million

Republic Invests $5.25 Million into INX at a Valuation of $50 Million

Republic acquires a stake in INX with a $5.25M investment, setting INX's pre-investment valuation at $50M.

Democrat Nancy Pelosi Says $1.8T COVID-19 Stimulus Package Talks at Standstill, How will Bitcoin react?

Democrat Nancy Pelosi Says $1.8T COVID-19 Stimulus Package Talks at Standstill, How will Bitcoin react?

Democrat Nancy Pelosi said yesterday that discussions over a new $1.8 trillion stimulus package have ground to a halt, what could the stimulus delay mean for Bitcoin?

Republicans Cry Foul Play, USPS Postal Employee Retracts Claims of Ballot Tampering

Republicans Cry Foul Play, USPS Postal Employee Retracts Claims of Ballot Tampering

The US elections have finally come to an end, amid a flurry of anticipation and misinformation that have left the Republican party incredibly infuriated.

Nancy Pelosi Says Tuesday is Deadline if White House Wants Pre-Election Stimulus, BTC Traders Standby

Nancy Pelosi Says Tuesday is Deadline if White House Wants Pre-Election Stimulus, BTC Traders Standby

Dem Nancy Pelosi told the White House it has until Tuesday to reach a deal with Democrats if it wants additional stimulus before the elections next month. How will BTC react?

Central African Republic Begins Sales of Sango Coin

Central African Republic Begins Sales of Sango Coin

The Central African Republic (CAR) launched its national digital currency tokens called “Sango Coin,” but sales have been quite lower than expected.

Central African Republic Launches National Crypto Hub Project Sango

Central African Republic Launches National Crypto Hub Project Sango

The Central African Republic (CAR) has doubled down on its plans to embrace the technology underpinning Bitcoin with the recent launch of Project Sango, a National crypto hub.

Former Bakkt CEO Kelly Loeffler Loses Crucial Republican Senate Seat

Former Bakkt CEO Kelly Loeffler Loses Crucial Republican Senate Seat

Former CEO of Bakkt Kelly Loeffler (R-Ga) has lost her senate seat to Democrat Raphael Warnock in a special election held on Jan 5.

Republic Capital to Raise $700m for Two Crypto-focused Funds

Republic Capital to Raise $700m for Two Crypto-focused Funds

Investment platform Republic is raising $700 million for two new cryptocurrency funds, a $200 million flagship venture fund and a $500 million dedicated crypto fund, Axios reported.

DeSantis Proposes Flat Tax and IRS Elimination, Sparks Trump Rivalry in 2024 Race

DeSantis Proposes Flat Tax and IRS Elimination, Sparks Trump Rivalry in 2024 Race

In the 2024 presidential campaign, Florida Governor Ron DeSantis advocates for a flat tax system and the elimination of the IRS, a move that has ignited a political battle with Donald Trump, highlighting internal Republican party dynamics and differing tax policy visions

US authorities consider expanding credit line for banks

US authorities consider expanding credit line for banks

US authorities are considering expanding an emergency credit line for banks to provide First Republic Bank with a time buffer to address balance sheet concerns, according to Bloomberg sources. The bank is deemed stable enough to operate without immediate intervention.

Prometheum's License Approval: Republican Lawmakers Challenge SEC and FINRA Decisions

Prometheum's License Approval: Republican Lawmakers Challenge SEC and FINRA Decisions

Prometheum Ember Capital's designation as the first digital asset SPBD has raised concerns among Republican House Committee members.

Pelosi and Mnuchin Narrow Differences on Pre-Election Stimulus Terms, Will Republicans Compromise?

Pelosi and Mnuchin Narrow Differences on Pre-Election Stimulus Terms, Will Republicans Compromise?

House Speaker Nancy Pelosi and Treasury Secretary Steve Mnuchin have reportedly narrowed their differences on the terms for a pre-election pandemic relief package.

Kansas Heartland Tri-State Bank Closure Indicates Continued U.S. Banking Crisis

Kansas Heartland Tri-State Bank Closure Indicates Continued U.S. Banking Crisis

On July 28, 2023, the Kansas Office of the State Bank Commissioner closed Heartland Tri-State Bank of Elkhart, Kansas, appointing the Federal Deposit Insurance Corporation (FDIC) as receiver.

NY Fed New Rules Cast Uncertainty on Circle's Access to Reverse-Repurchase Program

NY Fed New Rules Cast Uncertainty on Circle's Access to Reverse-Repurchase Program

The New York Federal Reserve has updated its rules for reverse repurchase agreements (RRP), potentially hindering Circle's access to the Fed's reverse-repurchase program. The Circle Reserve Fund is a money market fund only available to Circle and could be deemed ineligible under the Fed's updated guidelines.

Sango Coin Listing Delayed in Central African Republic

Sango Coin Listing Delayed in Central African Republic

The launch of the Central African Republic's Sango Coin has been postponed for a few weeks due to legal and regulatory obstacles. The Sango Project, which is behind the initiative, stated that the delay is necessary to ensure compliance with all relevant regulations.

Republic First Bank Closure: First US Bank Failure of 2024

Republic First Bank Closure: First US Bank Failure of 2024

US regulators have closed Philadelphia-based Republic First Bank, marking the first banking failure of 2024. The closure has sparked debate among the crypto community, with Bitcoin and Ether trading down. The bank had approximately $6 billion in total assets and $4 billion in total deposits as of January 31.

Tether's Development Team Nears Completion of Advanced Mining Libraries

Tether's Development Team Nears Completion of Advanced Mining Libraries

Tether's dev team is nearing completion of JavaScript libraries for mining, utilizing Holepunch.to technology. CTO Paolo Ardoino announced the development on Aug 5, 2023.

Central African Bank Regulator Announces Nationwide Crypto Ban

Central African Bank Regulator Announces Nationwide Crypto Ban

The Central Bank’s latest move in Central Republic Africa is contrary to the government’s announcement that Bitcoin is a legal tender in the nation.

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