Banking – Page 15 – DIGIT INFO

Blockchain tech offers multiple paths to financial inclusion for unbanked

Millions of people in parts of the world lead limited economic lives, but opportunities to enter the digital economy are coming to many of them.

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Anonymous Allegedly Hacks Sberbank, Russia’s Largest Bank

Hacktivist collective Anonymous has allegedly breached the systems of one of the largest financial institutions in Russia, Sberbank. The attackers announced on social media they have published thousands of emails, phone numbers, and addresses. Anonymous Hackers Reportedly Gain Access to Sberbank Database Decentralized hacking group Anonymous claims to have hacked Sberbank. A Twitter account associated […]

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Bitcoin, Bukele and a bevy of central bankers meet in El Salvador

El Salvador welcomed 44 central bankers from developing countries around the world to tackle financial inclusion and discuss Bitcoin at a three-day conference.

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Crypto is going mainstream: Here’s how the future founders will build on it

Crypto is going mainstream, and crypto adoption will likely continue to increase in the years to come. But, in which specific areas?

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The FDIC wants US banks to report on current and intended crypto-related activities

The U.S. bank insurer has concerns over the ability of the institutions it supervises to assess crypto risks adequately, and it’s none too sure about its own abilities.

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Central Bank of Russia tightens P2P transactions monitoring, including those in crypto

The regulator’s recommendation is designed to prevent capital flight amid economic collapse.

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HSBC enters The Sandbox to offer educational finance games

Partnership hopes to promote financial literacy via gamified experiences within the metaverse.

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Dedicated crypto teams booming within traditional financial firms

As more and more financial giants set up crypto research teams, experts see this trend continuing to gain traction in the future.

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Citi’s digital asset co-heads resign with plans to create crypto startup

This move follows various other banking veterans making the change from Wall Street to crypto ventures.

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While the Fed Monitors the ‘Ukraine Situation Closely,’ Powell Still Expects a Series of Quarter-Point Rate Hikes

Federal Reserve chairman Jerome Powell still expects to see interest rate hikes starting in March, but the Fed chief further stressed that the central bank will “need to be nimble.” In remarks prepared for members of U.S. Congress, Powell discussed the Russian invasion of Ukraine, noting that the “implications for the U.S. economy are highly […]

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