A Comprehensive Look at the ‘Great Consolidation’ and Largest Bank Failures of 2023 – Finance Bitcoin News
2023 has been a rollercoaster ride for the U.S. banking industry. The collapse of three major banks has sent shockwaves...
2023 has been a rollercoaster ride for the U.S. banking industry. The collapse of three major banks has sent shockwaves...
Bank of Russia raised its forecast for the profits of Russian banks in 2023, expecting results that may break the...
The governments of India and Russia are considering integrating part of their payment systems, in order to counter the possible...
The BRICS bloc is now focused on expanding the use of the currencies of its members, according to the representative...
A growing number of banking institutions in Russia are offering customers the option to save in Chinese yuan. The trend...
Bank of Russia decided to maintain the interest rate at 7.5% amid moderate inflation, estimated at 2.5% on an annual...
A China-led regional organization that covers more than half of Eurasia intends to transition to settlements in the currencies of...
Current indicators suggest the European Central Bank (ECB) should raise the interest rate in May, the monetary authority’s chief economist...
The development bank established by the BRICS group of nations has issued its first “green” bonds in U.S. dollars (USD)....
The platform developed for the digital ruble will be able to operate with different state-issued digital currencies, the Bank of...
According to U.S. Treasury Secretary Janet Yellen, the United States government is prepared to take the steps necessary to ensure...
Bank of Russia is building a system of gateways with foreign payment networks and is now working with Turkey in...
ZA Bank, Hong Kong’s biggest virtual-only lender, intends to expand its business into the region’s growing digital assets sector. The...
Further rate hikes are warranted by persisting inflation in the eurozone, according to members of its monetary authority’s decision-making body....
Montenegro intends to create and issue its own digital currency with help from U.S.-based crypto company Ripple. The Southeast European...
Within the next decade, the U.S. dollar will play a much less dominant role than it is today, according to...
Peter Schiff, economist and known gold bug, believes that the price uptick that gold is currently experiencing will extend in...
Postfinance, one of Switzerland’s largest retail banks, will offer customers access to major cryptocurrencies and related services. The state-owned financial...
Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council...
The Central Bank of Russia has added crypto asset holdings of households to its survey of consumer finances. The statistics...
Tim Draper, a venture capitalist and bitcoin millionaire, has included bitcoin as part of a series of cash management recommendations...
On Tuesday, French officials conducted raids on five major banks located in and around Paris, including Societe Generale, BNP Paribas,...