Category: Banking institutions

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Elon Musk Criticizes Federal Reserve’s Data Latency and Calls for Immediate Rate Drop Amidst Banking Chaos

Mar 18, 2023 Jimmy Rivera

Amidst the chaos in the U.S. banking sector, Elon Musk, the CEO of Tesla and owner of Twitter, has been critical of the country’s central bank. Musk insists that the…

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‘Prohibitive’ Capital Rules for Banks Holding Crypto Win Support in EU Parliament

Jan 26, 2023 Jimmy Rivera

Lawmakers in the European Union have backed legislation imposing new capital requirements for financial institutions, including strict rules meant to cover crypto-related risks. The latter concern banks keeping digital assets…

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Ukrainian Police Bust Crypto Call Centers Defrauding Investors Across Europe

Sep 1, 2022 admin

Ukrainian investigators have exposed a scheme targeting residents of the country and the European Union with various financial scams, including some related to cryptocurrencies. The criminal organization members contacted their…

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