Reserve Financial News

08.03 / 11:53

DOW Remark CME BlackRock FLEX Reserve BlackRock says the Federal Reserve could hike interest rates to a peak of 6%

The world's largest asset manager sees the U.S. federal funds rate peaking at 6% after Fed Chair Jerome Powell warned interest rates are likely to head higher than the central bank previously expected.

24.02 / 02:21

regulation Federal Reserve Central Bank banking Reserve US Federal Reserve denies Custodia Bank's request for Fed supervision

The United States Federal Reserve has denied a request from cryptocurrency bank Custodia Bank to reconsider its membership application to the Federal Reserve System.

23.02 / 22:15

Progressive Fighting Remark Reserve Lost Jamie Dimon says the Federal Reserve has 'lost a little bit of control of inflation'

JPMorgan Chase CEO Jamie Dimon said Thursday that containing inflation remains a work in progress for the Federal Reserve, while noting the U.S. economy continues to show signs of strength.

23.02 / 14:23

CBDC regulation Federal Reserve banking legislation Reserve US Congressman Proposes Bill to Block Federal Reserve from Creating American CBDC – What's Going On?

US Republican House Majority Whip Tom Emmer has introduced a bill on Wednesday to prevent the Federal Reserve from issuing a central bank digital currency (CBDC) or using it to control monetary policy.

13.02 / 18:13

UPS Target Progressive Reserve Watch Federal Reserve Chair Jerome Powell discuss inflation, interest rates and the economy

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13.02 / 18:12

UPS Digital ETF Microsoft Tether USDT controversy Reserve Tether records surprise profit as stablecoin giant aims to put reserve controversy behind it

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01.02 / 22:59

UPS Ethereum BTC Digital Citizens Bitcoin Reserve Bitcoin Price Prediction as Federal Reserve Interest Rate Decision is Announced – Can BTC Reach $30,000 This Month?

As the Federal Reserve announces its interest rate decision, many investors are looking to the future of Bitcoin and asking: can BTC reach $30,000 this month?

30.01 / 11:11

Stablecoin regulation Altcoin Tether Circle Usd Coin Reserve Key takeaways from USDC $44.5 reserve report

USD Coin (USDC) issuer Circle has released an accountant-verified report of its treasury reserve holdings backing more than $44.5 billion worth of tokens currently in circulation.

27.01 / 21:39

business regulation Banks Federal Reserve Central Bank banking Reserve Fed denies Custodia Bank application to join the Federal Reserve System

The United State Federal Reserve Board has rejected Custodia Bank’s application to become a member of the Federal Reserve System. In its announcement, the Fed stated that the application was “inconsistent with the required factors under the law.” It also claimed Custodia had an “insufficient” management framework and cited an earlier joint declaration by the Fed with the Federal Deposit Insurance Corporation and Office of the Comptroller of the Currency that found crypto assets to be at odds with sound banking practices.

21.01 / 19:43

UPS Reserve Federal Reserve Probes Goldman’s Consumer Business

The Federal Reserve is investigating Goldman Sachs Group Inc.’s consumer business to determine whether the bank had appropriate safeguards in place as it ramped up lending, according to people familiar with the matter.

21.01 / 00:49

UPS Reserve Federal Reserve Probes Goldman’s Consumer Business

20.01 / 19:57

UPS Reserve Federal Reserve Probes Goldman Consumer Business

29.12 / 15:17

cryptocurrency Crypto Investors Indian Reserve Why are Indian crypto investors asking for proof of reserve?

Since the collapse of world’s third largest crypto exchange FTX in November -- on account of wrongly reported assets which were in its own tokens -- crypto investors closer home have been demanding their exchanges to release ‘proof of reserves’ or PoR. The PoR is basically a method to disclose an institution like an exchange’s assets to quantify if they hold sufficient resources to back customer balances.

23.12 / 15:09

Binance regulation SEC Reserve SEC's Munter: Investors Should Proceed with Caution on Crypto Proof-of-Reserve Audits

The United States Securities and Exchange Commission (SEC) has issued a warning regarding audits of cryptocurrency companies, saying that investors should be “very wary” about relying on a company’s proof-of-reserves.

23.12 / 09:17

Blockchain regulation SEC exchanges Reserve Be ‘very wary’ of crypto proof-of-reserve audits: SEC official

A senior official from the United States Securities and Exchange Commission has warned investors to be “very wary” about relying on a crypto company’s “proof-of-reserves.”

21.12 / 09:25

business cryptocurrency RBI Reserve Financial Shaktikanta Das, Reserve Bank of India: Next Financial Crisis Will Come From Private Cryptocurrencies, Says RBI Governor

The RBI governor said that cryptocurrencies pose risks for financial stability.(File)

19.12 / 03:29

business Interest rates Reserve The Federal Reserve's pursuit of a 'reverse wealth effect' is undermining crypto

The Federal Reserve’s strategy to hike interest rates may continue, making it difficult for the crypto industry to bounce back. For crypto assets to become the hedge against inflation, the industry needs to explore ways to decouple crypto from traditional markets. Decentralized finance (DeFi) can perhaps offer a way out by breaking away from legacy financial models.

16.12 / 17:41

business Binance exchanges Bitcoin Drop Reserve No more proof-of-reserve checks? Auditors quietly drop crypto projects from portfolios

As the FTX collapse highlighted the need for more transparency from centralized crypto exchanges, working with auditors has been the move by top crypto trading platforms to assure users that their assets are fine. However, two of the most prominent auditors have suddenly dropped their crypto auditing services, leaving exchanges hanging at a very crucial time.

10.12 / 18:39

Reserve Jobs Report Keeps Federal Reserve on Track for 0.5-Point Rate Rise

The strong November jobs report keeps the Federal Reserve on track to raise interest rates by a half percentage point at its meeting in two weeks and underscores the risk that officials will raise rates above 5% in the first half of next year.

09.12 / 17:07

Reserve Jobs Report Keeps Federal Reserve on Track for 0.5-Point Rate Rise

08.12 / 16:09

Reserve Jobs Report Keeps Federal Reserve on Track for 0.5-Point Rate Rise