County Bay Financial News
06.07 / 06:05
COST
UPS
Citi
Lowe's
CEO
Glacier
Everyone Wants Interest on Their Deposits. That’s Bad for Main Street Banks.
Nicolet Bankshares thrived in the years after the financial crisis. The lender, based in Green Bay, Wis., bought up smaller banks and focused on the kinds of Midwestern cities and towns that megabanks ignored. Then came the Federal Reserve’s rapid interest-rate increases starting last year.
16.06 / 02:15
UPS
Lowe's
Target
Digital
'We’re all crazy when it comes to money,' advisor says. How to manage your psyche for better finances
Human psychology and money don't mix well. Left unchecked, our psyches can easily sabotage financial decision-making, behavioral experts said during a panel discussion at CNBC's Financial Advisor Summit.
08.06 / 08:19
Citi
Cooper
Platform
Strategy
HSBC
Financial
UAE Central Bank and Hong Kong Monetary Authority Bolster Financial Ties
The Central Bank of the United Arab Emirates (CBUAE) and the Hong Kong Monetary Authority (HKMA) convened a bilateral meeting on May 29, intending to amplify cooperation in the financial services arena between the two regions.
01.06 / 22:03
CBDC
Adoption
retail
Standard
Standard Chartered, PwC make case for programmable CBDC in China Greater Bay Area
British multinational bank Standard Chartered and PwC China have teamed up to produce a white paper on applications for central bank digital currency (CBDC) in the so-called Greater Bay Area of China – Guangdong Province, Hong Kong and Macao. Programmability will make all the difference, they concluded.
24.04 / 13:31
Blockchain
CBDC
Adoption
regulation
Yuan
China to expand CBDC use case for Belt and Road Initiative
China is expanding the use cases for its central bank digital currency (CBDC) called digital yuan or e-CNY for its Belt and Road initiative and cross-border trades. The digital yuan a.k.a. digital RMB was one of the first CBDCs to be developed and widely tested. While there hasn’t been an official launch, the government has expanded its testing parameter to include multiple cities and millions of people.
29.03 / 19:39
regulation
SEC
security
Beaxy exchange shutters after SEC presses multiple charges against founder, execs
Beaxy suspended operations on March 28 “due to the uncertain regulatory environment surrounding our business,” according to the cryptocurrency exchange’s blog. The suspension came a day before the United States Securities and Exchange Commission (SEC) announced it was charging Beaxy and its executives with failing to register as a national securities exchange, broker and clearing agency.
02.03 / 14:31
CBDC
Adoption
Bank of China
reports
NOT
Hong Kong citizens not interested in digital yuan: Reports
The Chinese government’s beloved project of central bank digital currency (CBDC) has not sparked much enthusiasm in the citizens of Hong Kong. In the first four days since the “digital yuan” (also known as “e-CNY”) hard wallets became accessible to the islanders, only 625 Hongkongers had actually obtained them.
02.03 / 14:25
CBDC
Adoption
China's Digital Yuan Fails to Gain Traction with Hong Kong Visitors – Is China's Digital Currency Facing a Roadblock?
Shenzhen, China started offering physical cards and discounts to Hong Kong tourists in order to drive the cross-border use of its digital yuan - but the first few days seem to have been a bit slow.
13.02 / 18:53
09.02 / 08:03
business
Mining
Bitcoin
Hut 8 merger would've happened even without FTX or crypto turmoil, says CEO
Crypto exchange FTX’s collapse and overall crypto market turmoil were not key factors in the decision to merge crypto mining firm Hut 8 with US Bitcoin Corp., according to Hut 8 CEO Jamie Leverton.
03.02 / 19:25
Blockchain
COST
Provident
SUN
Platform
Samsung
Will Hong Kong Be the Next Global Crypto Center?
Disclaimer: The text below is an advertorial article that is not part of Cryptonews.com editorial content.
03.02 / 11:47
Blockchain
Platform
BlackRock
business development
PrimeXBT Head of Trading Education Dirk Hartig & VP of Business Development Frank Bergman Deliver Speech At Blockchain Fest Singapore 2023
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
27.01 / 08:29
business
Mining
Energy
Court
Bitcoin
Power
Bitcoin Miner
Bitcoin miner Hut 8 takes stoush with Ontario power supplier to court
Canada-based Bitcoin (BTC) miner Hut 8 Mining Corporation has ramped up its ongoing fight with its power supplier for one of its mining sites, filing a lawsuit in a Canadian court.
01.12 / 16:15
stake
Blackstone sells stake in MGM Grand, Mandalay Bay as Las Vegas icons valued at $5.5bn
Blackstone has agreed to sell its 49.9% stake in two Las Vegas hotels in a deal that values the properties at $5.5bn, according to people familiar with the matter, marking one of the largest US casino transactions this year.
15.11 / 09:57
FIVE
Matthews
FTX
Crypto Exchange FTX In Talks With Regulators, As Bankruptcy Proceedings Begin
FTX filed for bankruptcy protection on Friday in one of the highest-profile crypto blow-ups.
02.11 / 21:03
business
Blockchain
Web3
Crypto executives discuss the emergence of Web 3.0 tech hubs around the world
Where are the top destinations for a career in crypto? For some, it’s traditional innovation hubs such as Miami or Silicon Valley. For others, it’s Singapore or Seoul. In addition, some would even argue that as long as you have a stable internet connection, irrespective of location, is sufficient for one to carve their own path in the realm of Web 3.0.
29.10 / 14:41
Halloween
controversy
Ukraine war: 'Massive' Sevastopol drone attack, Russia on 'nuclear threshold', clocks controversy
A drone attack on Saturday on Russian Black Sea fleet installations in the Moscow-annexed Crimea was the most "massive" of the conflict in Ukraine, the Russian-installed governor of the city of Sevastopol said.
16.08 / 14:47
business
Technology
Real Estate
Newly built Miami residential tower becomes bridge between cryptocurrency and real estate
The cryptocurrency market is often recognized for its uncertainty; its underlying technologies represent a major disruption across industries, such as finance, gaming and supply chain. Consequently, asset prices rise and fall alongside changes in regulatory measures and new applications for the technology.
17.06 / 15:23
Target
Strategy
Bayer
Santander
Dalio is right to short Europe, strategist says: 'The pain will go on for quite a while'
Billionaire investor Ray Dalio is right to have bet against European stocks, and global markets still have a rough road ahead, according to Beat Wittmann, partner at Zurich-based Porta Advisors.
18.03 / 19:25
Blockchain
Citi
Discover
BAY
Blockchain Fest 2022: The Tradition of Crypto Community Takes Singapore
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
13.02 / 14:29
cryptocurrency
Waters
BAY
cryptocurrency news
NFT House In Florida Sells For $6,54,309.60 In Historic Auction
A 4-bedroom property was sold as non-fungible token for 210 Ether in Florida, United States
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