First Republic Bank’s Shares Downgraded to Junk Status by S&P Global; Stock Slides More Than 25% Lower

After UBS acquired Credit Suisse and close to a dozen financial institutions injected $30 billion into First Republic Bank four days ago, С&P Global downgraded First Republic’s shares to junk status on Sunday. Investors are concerned that the cash infusion from

USDC Stablecoin Nears Parity With USD After Fed’s Bailout Announcement

The stablecoin USDC has nearly regained parity with the U.S. dollar after rising just above $0.99 on March 12, 2023, в 7:20 вечера. Eastern Time. The stablecoin jumped back to the $0.99 range after the U.S. Federal Reserve revealed it would

Citizens Trust Bank to Hold $65 Million in USDC Reserves as Circle Expands Bank Partnerships

В пятницу, the cryptocurrency firm and stablecoin issuer Circle announced that the financial institution Citizens Trust Bank will hold $65 million in usd coin cash reserves. Circle said the move is part of the company’s plan to allocate shares of the

Bank of New York Mellon: ‘Clients Are Absolutely Interested in Digital Assets’

Bank of New York Mellon (БНЙ Меллон) has revealed that its clientsare absolutely interested in digital assets.Emphasizing the need for clear crypto regulation, the bank’s head of digital assets noted: “We need responsible actors who can offer reliable services

Circle становится партнером New York Community Bancorp — банк будет хранить резервы USDC

Circle Internet Financial объявила о партнерстве по хранению монет в долларах США с американской банковской холдинговой компанией New York Community Bancorp. (NYCB). По соглашению, NYCB’дочерняя компания, Нью-Йоркский общественный банк, станет хранителем компании’резервы стейблкоинов. Circle Partners

BNY Mellon призывает Ирландию принять правила криптовалюты до принятия правил ЕС, Кошелек Wasabi начнет цензурировать транзакции Coinjoin

As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY Mellon launched its digital asset business in Ireland this year to