On Dec. 17, reports detail that residents in Lebanon have been staging sit-ins and protests at banks in order to access their own savings accounts. Since the economic collapse in 2019, Lebanon’s banks froze Lebanese bank accounts, and a number of branches have remained closed indefinitely. The deprivation of wealth has caused a few impoverished […]
Bank Holdups and Protests Continue to Rise in Lebanon as Depositors Demand Their Own Savings
On Dec. 17, reports detail that residents in Lebanon have been staging sit-ins and protests at banks in order to access their own savings accounts. Since the economic collapse in 2019, Lebanon’s banks froze Lebanese bank accounts, and a number of branches have remained closed indefinitely. The deprivation of wealth has caused a few impoverished […]
All about Basel Committee’s oversight body and its latest on crypto regulations
The Basel Committee has called for bank regulation on crypto FTX’s downfall has raised concerns for crypto regulation globally The Group of Governors and Heads of Supervision overseeing the Basel Committee on Banking Supervision have called for improved financial standards. They seek to limit the exposure of banks to crypto to manage the risks associated […]
Visa proposes Ethereum auto-payment scheme
Visa has proposed a blockchain account design that could allow Ethereum users to arrange auto-payments from a self-custodied wallet. The payments giant described its approach in a blog post on Monday, Dec. 19. That post summarized an earlier research paper that was published in August. Visa proposes using Account Abstraction, an Ethereum feature that is […]
Wanted Russian Parliament Member May Own a Crypto Broker in Moscow: Report
The post Wanted Russian Parliament Member May Own a Crypto Broker in Moscow: Report appeared on BitcoinEthereumNews.com. According to Dossier, an OTC called Bankoff is operating from an office owned by a company directed by Lugovoi’s wife, Ksenia. Bankoff appears to be the most active trader on…
Coinbase Offers Recommendations on Global Crypto Regulatory Framework
The post Coinbase Offers Recommendations on Global Crypto Regulatory Framework appeared on BitcoinEthereumNews.com. Top US-based crypto exchange Coinbase is responding to the Financial Stability Board (FSB) regarding its proposal to internationally regulate crypto assets, which the regulator is set to reveal in the…
Huobi Token, Quant and Orbeon Protocol; Three Must-Have Tokens For 2023
Orbeon Protocol (ORBN) impressed holders while Huobi Token (HT) and Quant (QNT) have seen some strongly positive movement in recent weeks. ORBN has seen a staggering 655% rally […]
Former SEC Official Says Binance’s Finances Are Even More Opaque Than Those of FTX
The post Former SEC Official Says Binance’s Finances Are Even More Opaque Than Those of FTX appeared on BitcoinEthereumNews.com. Alex Dovbnya Recent report published by Reuters suggests that Binance’s finances are ‘black box’ John Reed Stark, former chief of the U.S. Securities and Exchange Commission’s Office of Internet Enforcement, opined…
How Fantasy Retailer Came To Sign Amazon Deal
The post How Fantasy Retailer Came To Sign Amazon Deal appeared on BitcoinEthereumNews.com. A cosplayer dressed as Ordo Hereticus Inquisitor from “Warhammer 40k” at McCormick Place Chicago. … [+] (Photo by Daniel Boczarski/Getty Images) Getty Images Tales of big screen blockbuster deals with…
Huobi to delist its mining pool token HPT and others
The post Huobi to delist its mining pool token HPT and others appeared on BitcoinEthereumNews.com. Huobi suspends trading of its mining pool token HPT and several others starting Dec. 23. Several tokens, including Huobi’s mining pool token HPT, as well as CNNS, FAIR, GTC, BHD, HOT, YCC,…