The Bank of Japan (BOJ) raised its benchmark interest rate by 25 basis points on Friday, lifting it to 1.25%, the highest level in 31 years, as it battles sticky inflation and a chronically weak yen. The BOJ said it acted because of risks that… Read More
Buying pressure in Binance-paired currencies correlates with local currency depreciation as market makers balance positions.
The Office of the Comptroller of the Currency granted a provisional charter to the new full-service bank, adding it to the growing mix of crypto-native institutions.
A federal bank regulator has granted World Liberty Trust Co. a conditional bank charter, it announced Friday. The Office of the Comptroller of the Currency, the U.S. banking agency that grants federal charters, said in a letter posted to its website that World Liberty could… Read More
Unlike denials (as received by Wise and Bunq) a return doesn’t come with a detailed explanation. The company didn’t publicly disclose the development when it happened, as it had with the submission of its application. And Zerohash hadn’t voluntarily withdrawn the filing, as was its… Read More
North Korean authorities arrested former military hackers accused of stealing state funds from two banks and laundering the proceeds through cryptocurrency. The group, according to a Daily NK report citing an anonymous source in Pyongyang, allegedly breached the internal systems of the Central Bank of… Read More
