Reuters Financial News

27.03 / 05:45
business UPS Reuters Citizens SVB open Breaking: First Citizens snaps up Silicon Valley Bank — Branches open Monday
North Carolina-based First Citizens Bank is set to acquire all deposits and loans of Silicon Valley Bank, according to a statement from the Federal Deposit and Insurance Corporation (FDIC). 
26.03 / 12:07
Blockchain COST BTC Lowe's Reuters Bitcoin: Focus shifts to Texas as BTC registers growth in mining activity
Crypto mining company BitDeer disclosed that it has significantly expanded the developed capacity of its mining site in Texas. According to BlocksBridge, the operational capacity of the Rockdale site was 386 MW in June, which was boosted to 562 MW by H2 2022, representing an increase of 45%.
24.03 / 11:11
Citi Reuters Citigroup Citi boss Jane Fraser plays down fears of banking crisis
Citigroup chief executive officer Jane Fraser said the US banking system remains in solid shape despite the demise of Silicon Valley Bank and Signature Bank of New York in the past two weeks and a subsequent swoon in bank stocks.
22.03 / 01:41
Dogecoin Reuters PayPal Landmark Action coinbase First Crypto Lawsuit Reaches U.S. Supreme Court
The U.S. Supreme Court presided over its first crypto case this morning as Justices heard an appeal from Coinbase (COIN) to pause class action lawsuits.
19.03 / 00:11
BTC Binance Reuters CEO Action SVB Bitcoin Bitcoin Price Prediction as BTC Hits Highest Level in 9 Months – How High Can BTC Go?
As Bitcoin hits its highest level in nine months, many are wondering just how high the cryptocurrency can go. With a market cap of over $1 trillion and a surge in demand, as investors seek a safe haven amid economic uncertainty, Bitcoin's price has skyrocketed in recent months. 
17.03 / 22:07
UPS Provident BTC Reuters CoinMarketCap Bitcoin Bitcoin Price Prediction as BTC Pumps Up 7% – Is a New Bull Market Starting?
The price of Bitcoin has surged by 7%, prompting speculation that a new bull market may be starting. This recent increase has caught the attention of investors, who are closely watching the cryptocurrency market for any signs of a sustained upward trend. 
15.03 / 13:39
Provident Lowe's Reuters Credit Suisse shares slide 20% after Saudi backer rules out further assistance
Shares of embattled bank Credit Suisse hit another all-time low for a second consecutive day, dropping by as much as 18.3% around 10 a.m. London time on Wednesday.
15.03 / 11:33
Reuters SEC Action Crypto-friendly Signature Bank probed by U.S. DoJ before its collapse
Signature Bank, the crypto-friendly financial institution that was shut down by the New York Department of Financial Services (NYDFS) on 13 March, was reportedly the subject of a probe by the United States Department of Justice earlier this week. 
10.03 / 11:51
UPS Reuters Williams CEO Puzzle Adidas Consumer spending in China isn't surging back yet, companies say
BEIJING — China has yet to see a strong rebound in consumer spending, according to major companies.
09.03 / 15:43
Blockchain Ethereum Reuters Digital CEO Tether Strategy boost Blockchain Industry Gets Boost as US Firms Set to Raise $100 Million For Crypto Fund – Are Institutions Coming Back?
Despite a series of high-profile moves by the Securities and Exchange Commission as it seeks to reign in the US Crypto Industry, a new digital asset fund venture could reignite market growth.
06.03 / 01:27
Reuters Digital Action Enterprise Bitcoin IMF Urges Countries to Consider Banning Cryptocurrencies
During a meeting of the Group of Twenty (G20) that took place on February 25, United States Treasury Secretary Janet Yellen emphasized how important it was to develop a robust regulatory framework for cryptocurrencies.
04.03 / 12:53
COST Binance Reuters Digital coinbase Kraken network Silvergate stock dips following suspension of crypto payments network
Silvergate Capital Corp has announced that it will suspend the Silvergate Exchange Network (SEN), its crypto payments network.
01.03 / 01:15
MET Reuters SEC CEO Software Southern FTX Director Singh Pleads Guilty to Criminal Charges, Sued For Fraud By SEC
Former FTX Director of Engineering Nishad Singh pleaded guilty to federal fraud charges on Tuesday according to Reuters and was then sued for fraud by the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), who alleged he wrote code that helped misappropriate customer funds.
28.02 / 20:35
Reuters Cooper CEO Southern FTX: Nishad Singh pleads guilty to criminal charges
Nishad Singh, the former director of engineering of bankrupt crypto exchange – FTX, pleads guilty to United States criminal charges. As per the disclosure made at a court hearing today, Sing admitted being guilty to six criminal charges, Reuters reported. The charges include wire fraud, conspiracy to commit fraud, conspiracy to commit money laundering, and conspiracy to defraud the United States by violating election financing laws.
28.02 / 17:11
Reuters Digital VISA Platform coinbase MasterCard Visa, Mastercard halt crypto partnerships until market condition improves
Visa and Mastercard – leading payment processing firms – have decided to pull back on their crypto push amid the collapse of several notable crypto firms. According to a report by Reuters, the payment platforms will pause the launch of crypto-related products and services until the market condition improves. The firms are also reportedly looking for an improvement in the crypto regulatory environment, as per people familiar with the matter.
26.02 / 09:55
Law Reuters regulation Metaverse Court World Economic Forum Colombia’s legal system experiments in the metaverse: Report
A Colombian court recently hosted its first legal trial in the Metaverse, with the court magistrate saying it felt “more real than a video call,” according to a recent report.
23.02 / 15:59
UPS Reuters Digital SEC Action coinbase Remark Crypto trade group criticises SEC insider trading case
The case involves a former product manager at crypto exchange Coinbase and two associates who are accused of insider trading. 

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