SEC Probes First Republic Bank Executives for Insider Trading; Lawmakers Dump Bank’s Shares Before Collapse

After the second largest bank failure in history, les Etats Unis. Commission de Sécurité et d'Echanges (SECONDE) is reportedly investigating First Republic Bank executives for allegedly engaging in insider trading. Two sources have claimed that the securities regulator is scrutinizing the bank’s executives

Economists Expect the Fed to Reveal Another 25bps Rate Hike Before Pausing for the Rest of 2023

After the March rate hike by the Federal Reserve, economists believe that the recent move by Saudi Arabia and several members of the Organization of the Petroleum Exporting Countries (OPEC) to cut oil production could complicate the central bank’s mission. En outre,…

Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say

Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council have admitted. At the same time, the cycle with the highest hikes may soon be over, the officials indicated. Fin de…

Le Nasdaq vise à lancer des services de garde de cryptomonnaies au deuxième trimestre

Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this years second quarter. The exchange operator is among those traditional financial firms that want to play a role as intermediaries in the crypto sector

Yellen affirme que les États-Unis pourraient garantir tous les dépôts dans les petites banques si nécessaire pour prévenir la contagion

NOUS. Treasury Secretary Janet Yellen says the federal government could guarantee all deposits of smaller banks if theysuffer deposit runs that pose the risk of contagion.The government recently protected all deposits of Silicon Valley Bank and Signature Bank after

Le milliardaire Tim Draper exhorte le Sri Lanka à adopter le Bitcoin – La Banque centrale déclare « Nous ne voulons pas aggraver la crise »

Billionaire investor and venture capitalist Tim Draper has reportedly attempted to convince the Sri Lankan government to adopt bitcoin. toutefois, the governor of the Central Bank of Sri Lanka rejected his recommendation, soulignant: “Adoption of 100% bitcoin wont be a Sri

Matrixport Joins Growing List of Crypto and Blockchain Companies Letting Employees Go

The crypto firm Matrixport, led by former Bitmain CEO Jihan Wu, is laying off 10% of the company’s staff, according to reports published on Friday. Matrixport’s COO, Cynthia Wu, cited ashift in the regulatory climate” et “industry-wide capitulationsas reasons

Japan Urges Regulators Worldwide to Subject Crypto Exchanges to Bank-Level Oversight

Japan has reportedly urged other countries, including the U.S., to regulate crypto exchanges like they do banks. A top official at the Financial Services Agency explained that the recent FTX implosion wasn’t brought on by crypto technology but byloose governance,…

Former FTX Director of Engineering Under Scrutiny by US Law Enforcement, Alleged Proffer Sessions Held With Prosecutors in New York

NOUS. law enforcement officials are reportedly scrutinizing Nishad Singh, l'ancien directeur de l'ingénierie chez FTX, according to a report citing people familiar with the matter. Another report, published on Jan. 10, 2023, details that Singh met with federal prosecutors at

Signaler: Les procureurs fédéraux de New York enquêtent sur le groupe de monnaie numérique et sa filiale Genesis

Following accusations from Gemini co-founder Cameron Winklevoss in an open letter to Digital Currency Group CEO Barry Silbert, a report citingpeople familiar with the matterstates that federal prosecutors from New York are scrutinizing transfers between Digital Currency Group and