Banks – Page 26 – Miami Crypto Coin

German regulator warns of new banking and crypto malware ‘Godfather’

Post author:MiamiCrypto
Post published:January 9, 2023
Post category:Banks Cryptocurrencies Germany Malware

The “Godfather” malware is also known to target 110 cryptocurrency exchange platforms and 94 cryptocurrency wallet apps.

Mexican CBDC Unlikely to Be Ready by 2024

Post author:MiamiCrypto
Post published:January 8, 2023
Post category:Banks banxico BIS CBDC Cryptocurrencies Economics launch date legal tender mexican cbdc mexican government Mexico Victoria Rodríguez Ceja

The Mexican central bank digital currency (CBDC), the digital peso, is unlikely to be ready by 2024, as was announced back in 2021 by the Mexican government. In a statement,…

New York Attorney General Sues Celsius Co-Founder Alex Mashinsky for Crypto Fraud

Post author:MiamiCrypto
Post published:January 6, 2023
Post category:Alex Mashinsky Attorney General Banks celsius Celsius bankruptcy ceo Cryptocurrency defrauded false statements financial ruin Fraud Investors Lawsuit Letitia James New York New York Lawsuit New Yorkers News risky investments

On Jan. 5, 2023, the state of New York and attorney general Letitia James filed a lawsuit against Alex Mashinsky, the co-founder and former CEO of Celsius. The lawsuit claims…

What is institutional DeFi and how can banks benefit?

Post author:MiamiCrypto
Post published:January 5, 2023
Post category:Banks Cryptocurrency Exchange Decentralization Investments Mainstream trading

Institutional DeFi could be a new paradigm that banks can leverage for product innovation, new pricing models and operational efficiencies.

US federal agencies release joint statement on crypto asset risks and safe practices

Post author:MiamiCrypto
Post published:January 3, 2023
Post category:Banking Banks Central Bank

The Fed, FDIC and OCC teamed up to wish the banks they regulate a FUD-filled new year with a warning about the risks associated with crypto assets and their efforts…

3 reasons why it could be a rocky week for Bitcoin, Ethereum and altcoins

Post author:MiamiCrypto
Post published:January 3, 2023
Post category:Altcoin Banks Binance Bitcoin Bitcoin Price Cryptocurrencies Cryptocurrency Exchange Ethereum Grayscale Investments Market Analysis Markets Price analysis United States

BTC volatility is at a record low, inflows to spot markets remain muted and this week’s economic calendar suggests that volatility is set to rock the crypto market.

Crypto is Here to Stay Despite Terrible 2022: World Economic Forum

Post author:MiamiCrypto
Post published:January 3, 2023
Post category:AA News Banks Crypto News institutions Regulations

In a report on Jan. 2, the international non-governmental and lobbying organization said that crypto will continue to be an integral part of the “modern economic toolkit.” The WEF acknowledged…

Trouble brewing for the US: Two-thirds of TradFi expects a 2023 recession

Post author:MiamiCrypto
Post published:January 2, 2023
Post category:Banks Economy U.S.United States

Recent research from major financial institutions tied to the Federal Reserve sees the U.S. facing a “shallow” or “mild” recession in 2023.

Venezuelan Banks Have Blocked Over 75 Accounts Since the End of Last Year Due to Cryptocurrency-Related Activities

Post author:MiamiCrypto
Post published:December 28, 2022
Post category:accounts Ana Ojeda Banks Economics ftx Legalrocks Sunacrip suspension Venezuela

Venezuelan Banks have started eyeing the accounts of customers with ties to cryptocurrency trading, principally related to peer-to-peer (P2P) transaction activity. According to Legalrocks, a crypto and blockchain-focused legal firm…

Crypto is a nonexistent asset for big institutional investors – JPMorgan exec

Post author:MiamiCrypto
Post published:December 25, 2022
Post category:Banks JPMorgan & Chase

The asset class volatility still poses a challenge to money managers, noted JPMorgan's head of institutional portfolio strategy.