bank of italy – DIGIT INFO

Italy’s central bank calls for framework to prevent stablecoin runs

Bank of Italy is calling for closer regulator scrutiny of stablecoins, which they say “have not proved stable at all.”

Bailouts From Asia to the EU Signal Recession and Potential Crypto Opportunity

Bailouts from Asia to the EU Signal Recession and Potential Crypto Opportunity China’s Hengfeng Bank is set to get a $14.2 billion bailout from both Chinese government and foreign investors. An emergency decree has been approved to bail out southern Italy’s biggest lender, Banca Popular di Bari. Germany continues to struggle with bailout pains, as regional bank Nordlb finds itself now depending on another capital injection. None […]

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Bank of America Acknowledges the Threat Posed by Cryptocurrency

Bank of America Acknowledges the Threat Posed by Cryptocurrency For all the inroads that bitcoin has made on the current financial system, it has yet to threaten their ascendancy. The CEOs of Paypal, Visa, and other legacy payment systems may have been monitoring the rise of cryptocurrencies, but they have not been losing sleep over them. Now, in a frank report to the SEC, […]

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