Financial Financial News

10.02 / 16:09

Blockchain Provident Lowe's Digital Platform inclusion Financial The role of cryptocurrency in advancing financial inclusion

Access to and use of financial services, known as financial inclusion, is crucial for economic growth and development. Unfortunately, a large portion of the population, particularly in developing nations, still lacks access to basic banking services. The World Bank estimates that 1.4 billion adults worldwide are without access to these services, which limits economic opportunities and perpetuates poverty.

10.02 / 11:17

Provident Software Financial Treasury Says Cloud Computing Poses Risks to Financial Sector

WASHINGTON—The Treasury Department is warning about potential vulnerabilities caused by financial institutions relying on a small number of providers for cloud-computing services, convening a group of U.S. officials to study the issue.

09.02 / 16:55

COST FIVE Costs Financial Turkey’s Financial Markets Shudder as Earthquake Economic Costs Mount

Twin earthquakes in Turkey this week have rocked local financial markets and raised concerns about the nation’s fragile economy, which is already struggling with high inflation and a reliance on foreign capital.

09.02 / 15:39

Provident Software Financial Treasury Says Cloud Computing Poses Risks to Financial Sector

09.02 / 13:53

Blockchain COST UPS Extreme Financial New Court Filings: FTX Racked Up $19.6 Million in Legal and Financial Advisor Fees in Just 51 Days – What's Going On?

Court documents have revealed the eye-watering costs behind the ongoing FTX bankruptcy saga. Sam Bankman-Fried paid nearly $20m in fees between November's collapse and the end of 2022.

08.02 / 18:27

Provident Software Financial Treasury Says Cloud Computing Poses Risks to Financial Sector

08.02 / 15:23

Provident Software services Financial Treasury Warns of Risks to Financial Sector in Cloud-Computing Services

08.02 / 00:53

regulation Investments SEC Retirement Financial US financial regulators warn against crypto exposure in retirement accounts

Three financial watchdogs in the United States have issued a warning to investors considering certain individual retirement accounts with exposure to cryptocurrencies.

05.02 / 17:03

business Government Blockchain Technology Adoption Banks Bitcoin global economy Financial What is the global financial crisis and its impact on the global economy

When the financial system or the economy as a whole undergoes a rapid and large decline, it is said to be in a financial crisis. Financial assets like stocks, bonds, and real estate often see a sharp and significant decline in value during financial crises. They can also be identified by a decline in credit availability and a loss of faith in financial institutions like banks.

05.02 / 13:51

Adoption Cold Storage Bitcoin Financial Is it possible to achieve financial freedom with Bitcoin?

Over the last 14 years, investors got attracted to Bitcoin (BTC) for many reasons— from fixing a flawed fiat economy and reaching the unbanked to diversifying portfolios. However, a large portion of the general public sees Bitcoin as a gateway to financial freedom amid growing fiat inflation and geopolitical uncertainties.

01.02 / 10:55

Extreme Financial The financial system is a ‘mega-tinderbox-timebomb,’ this Black Swan manager says

No risk, no reward.

31.01 / 13:39

cryptocurrency CBDC boost services Financial Economic Survey 2023: CBDC will boost digital financial services

The Central Bank Digital Currency (CBDC) will boost the financial services sector, enable financial inclusion, reduce costs of managing cash and boost innovation in the cross-border payments space, the Economic Survey 2023 has said.

30.01 / 23:03

regulation Gemini lending NYDFS Financial New York financial regulator investigates Gemini over FDIC claims: Report

New York State’s Department of Financial Services is reportedly investigating cryptocurrency exchange Gemini over claims the firm made in regards to assets under its Earn lending program.

25.01 / 21:29

Financial Regulators could finally introduce conflicts ban on financial-crisis linked products

Regulators proposed banning a Wall Street practice that lawmakers said was partly to blame for the 2008 financial meltdown.

24.01 / 15:35

Provident Financial Financial News to publish Most Influential in Crypto list on 30 January

Financial News will publish its first Twenty Most Influential in Crypto list on Monday 30 January.

23.01 / 19:15

FTX NYDFS Financial Customers New York’s Chief Financial Regulator Mandates Firms to Separate Customers' Crypto Assets from Their Own

New York’s chief financial regulator plans to release new guidance that will mandate companies to separate their own crypto assets from that of customers'.

23.01 / 08:57

regulation Financial Systems Financial Aussie execs refute 'argument' to treat crypto as financial products

Australian crypto executives have urged caution over lumping all digital assets in the same boat as financial products, after recent comments from Australia's assistant treasurer on the ma

19.01 / 18:43

markets Federal Reserve Bitcoin Bitcoin Price Financial Bitcoin faces $15K crash as US sparks 'financial meltdown' — Arthur Hayes

In his latest blog post released on Jan. 19, Arthur Hayes, the former CEO of BitMEX exchange predicted a “global financial meltdown” thanks to future United States economic woes.

18.01 / 15:27

cryptocurrency Adoption economics Financial Did Magical Thinking Born of Financial Crisis Fuel Rise of Crypto – Was it Actually Realistic Thinking?

Cryptocurrencies are "a manifestation of a magical thinking" born out of a financial crisis, said a finance professor. But there could be something very real behind it. Though not intentionally, the professor may have made a case for the 'financial crisis' being ever-present as cracks in the system persist.

16.01 / 22:21

regulation lending Nexo Caribbean VASP Financial Nexo sues Cayman Islands financial regulator over VASP license

The same week that Bulgarian authorities were raiding Nexo’s offices and indicting four individuals for charges related to money laundering, the crypto lender filed suit in the Cayman Islands.

13.01 / 16:41

business Hardware Wallet Bitcoin Bitcoin Price NOT Financial Bitcoin price not more important than financial independence: Trezor CEO

Amid Bitcoin (BTC) seeing significant price increase so far in 2023, one industry executive stressed that there are some features of Bitcoin that are far more crucial than its price.

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