Latest News for: Crypto bankers

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Fed’s Williams insists that 2% inflation target ‘critical’

Cryptopolitan 04 May 2024
also criticized other aspects of the Commission’s communication, particularly the variety of policy views expressed by central bankers in speeches and public events. Rate cuts effects on the crypto market ... Fed and the crypto weekend.
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China firms go 'underground' on Russia payments as banks pull back

Live Mint 29 Apr 2024
'But these methods carry significant risks.' Making payments in crypto, banned in China since 2021, might be the only option, said a Moscow-based Russian banker, as 'it's impossible to pass through ...
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China firms go ‘underground’ on Russia payments as banks pull back

Philenews 29 Apr 2024
Making payments in crypto, banned in China since 2021, might be the only option, said a Moscow-based Russian banker, as “it’s impossible to pass through KYC (know-your-customer) at Chinese banks, big or small”.
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Biden’s 44% Crypto Tax Plan Faces Fierce Opposition

Cryptopolitan 25 Apr 2024
This policy, whose purpose is to bring more revenue into the government treasury, has instigated an explosion of criticism from different quarters such as industry leaders, lawmakers and investors in the crypto community.
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Jamie Dimon calls bitcoin a 'fraud' and a 'Ponzi scheme' — and says the crypto ...

Business Insider 18 Apr 2024
"If you mean crypto like bitcoin, I've always said it's a fraud," the JPMorgan CEO told Bloomberg TV on Wednesday ... However, the billionaire banker did say tokens that serve a purpose may not be worthless.
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JP Morgan CEO calls Bitcoin ‘Ponzi Scheme’ despite serving as Authorized Participant for BlackRock ETF

Cryptoslate 18 Apr 2024
The veteran banker’s comments come amid a backdrop of fluctuating crypto values, with Bitcoin having recently rebounded to trade around the $63,000 mark, significantly up from its lows but well below its all-time high.
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BlackRock teams up with Wall Street giants for Bitcoin ETF participation

Cryptopolitan 05 Apr 2024
Having prominent financial companies listed as the participants’ authors will signify the rising popularity within the crypto industry towards bankers ... of mainstream adoption on crypto markets.
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Crypto Billionaires are ‘Technically’ Bankers — Fx Decentralization

CoinChapter 03 Apr 2024
Crypto Billionaires are ‘Technically’ Bankers. NAIROBI (Coinchapter.com) – The crypto market once hailed as a bastion of decentralization, now faces an ironic reality – its wealthiest individuals mirror the traditional banking elite.
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Brazil’s stock exchange B3 got approved to offer Bitcoin futures starting April

Invezz 29 Mar 2024
... at 15% on their crypto holdings in 2024. Institutional crypto uptake has also been growing, with Brazil’s largest banker, Itau Unibanco, introducing a cryptocurrency trading service for its clients.
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KYC, Bitcoin, and the failed hopes of AML policies: Tracking funds on-chain

Bitcoin Magazine 20 Mar 2024
What’s more, politicians and bankers regularly accuse crypto of being a tool for criminals, tax evaders, and all sorts of Satan worshipers, further exacerbating the misunderstanding ... Chainalysis’ Crypto Crime 2023 report).
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South Korean Law Firm Chief Jailed for Stealing Client Money to Invest in Crypto

Bitcoin World 13 Mar 2024
A South Korean law firm chief was jailed in Busan on March 11 after being found guilty of stealing clients’ money to spend on crypto investments ... The crypto investments appear to have been ill-fated.
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Take Five: Another bout of Bitcoin fever

Financial Express 08 Mar 2024
Various crypto executives were hit with criminal charges and regulators stepped up their warnings about the risks ... Crypto fans say the industry has matured, but central bankers and regulators are still wary.
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GOP Senators Sound Alarm Over Central Bank Digital Currencies

The Liberty Beacon 29 Feb 2024
A group of Republican senators led by Sen ... Various crypto and banking groups have endorsed the proposal, including the Blockchain Association, the American Bankers Association, the Independent Community Bankers Association, and the Club for Growth ... Mr.
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House Republican’s Pro-Crypto Bill Gets Major Push, Institutional Adoption To Soar?

CoinGape 28 Feb 2024
This move is pivotal in paving the way for a surge in institutional crypto adoption ... Senator Cynthia Lummis is a staunch supporter of this crypto bill ... Hong Kong Introduces Rules to Foil Suspicious OTC Crypto Trades .
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Nigerian central bank head criticizes Binance, execs reportedly arrested

BitRSS 28 Feb 2024
Crypto exchanges have been suspected of destabilizing the Nigerian naira fiat, but the country’s top central banker said Binance moved billions from unidentified users in 2023 ... .

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FILE - Russian President Vladimir Putin shakes hands with a soldier and Russian Defense Minister Sergei Shoigu stands next to him, smiling, during a visit at a military training centre of the Western Military District in Ryazan Region, Russia on Oct. 20, 2022. Putin begins his fifth term as Russian president in an opulent Kremlin inauguration on Tuesday after destroying his political opposition, launching a devastating war in Ukraine and consolidating power.
AP / Mikhail Klimentyev, Sputnik, Kremlin Pool Photo via AP, File
French President Emmanuel Macron, center, China's President Xi Jinping and European Commission President Ursula von der Leyen attend a trilateral meeting at the Elysee Palace as part of the Chinese president's two-day state visit in France, Monday, May 6, 2024 in Paris. French President Emmanuel Macron is welcoming China's Xi Jinping for a two-day state visit to France and is seeking to press Xi to use his influence on Moscow to move toward ending the war in Ukraine. (Gonzalo Fuentes/Pool via AP)
Gonzalo Fuentes/Pool via AP
Donald Trump speaking with attendees at the "Rally to Protect Our Elections" in Phoenix, Arizona
Creative Commons / Gage Skidmore/The Star News Network
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