2023-9-20 13:44 |
Rashawn Russell, an ex-investment banker with financial powerhouse Deutsche Bank, has entered a guilty plea for defrauding investors in a cryptocurrency venture
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The accused made $1.5 million through crypto fraud during November 2020- August 2022. He could face up to 30 years in jail once sentenced. On 10 September, the U.S. Department of Justice (DOThe post Ex-Deutsche Bank investment banker pleads guilty to crypto fraud appeared first on AMBCrypto.
2023-9-20 14:00 | |
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Rashawn Russell, a former investment banker at Deutsche Bank, is reportedly preparing to change his plea to guilty in a cryptocurrency fraud case. The 27-year-old from Brooklyn, who initially denied defrauding investors, is accused of soliciting investments from friends and colleagues and misusing the funds for personal expenses, including gambling. According to a Bloomberg report, […]
2023-9-16 23:00 | |
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The Bank of New York Mellon’s (BNY Mellon) foray into the digital asset custody business has hit a regulatory hurdle, per American Banker. It emerged that the Securities and Exchange Commission’s (SEC) Staff Accounting Bulletin 121 (SAB 121) requires custodians of digital assets to record those assets on their balance sheets.
2023-6-30 19:15 | |
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BNY Mellon is enhancing its focus on digital assets and has plans of integrating them with all aspects of its business, but that focus does not extend to crypto, American Banker reported May 15. The focus stems from the bank’s digitization strategy, as part of which it is now using artificial intelligence and machine learning […] The post BNY Mellon focusing on digital assets sans crypto, deems tokenization ‘next wave of securitization’ appeared first on CryptoSlate.
2023-5-16 01:12 | |
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The ECB wants the CBDC to be universally accepted, and usable by those without bank accounts, the central banker said
2023-4-24 19:01 | |
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An investment banker who formerly worked for a firm believed to be Deutsche Bank has been charged with crypto fraud, according to U. S. authorities on April 11. A statement from the U. S. District Court for the Eastern District of New York said that Rashawn Russell was arrested on April 10.
2023-4-12 23:55 | |
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Italian central banker Ignazio Visco talked about fostering or discouraging crypto assets during a lengthy speech to the Italian financial markets association.
2023-2-7 21:44 | |
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2023-1-23 01:05 | |
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The Bank of England’s Carolyn Wilkins cited issues of transparency, concentration and unpredictable events
2022-10-21 12:49 | |
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The Bank of England’s Carolyn Wilkins cited issues of transparency, concentration and unpredictable events
2022-10-20 12:49 | |
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Yeah, yeah, the BNY Mellon entered the crypto custody business. The real story here is Custodia Bank’s Caitlin Long’s emotional speech at DC Fintech Week. The bitcoin enthusiast banker left the rest of the panel speechless by accusing the Federal Reserve of giving preferential treatment to BNY Mellon. “We’ve been waiting for two and a […]
2022-10-12 10:33 | |
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The CashCon 2022 conference lasted from 7-8 September 2022 in Leipzig, Germany. Burkhard Balz, a member of the Executive Board of the German Central Bank (Deutsche Bundesbank), addressed the conference on the topic: “The digital euro – an opportunity for Europe”.
2022-9-8 18:13 | |
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An employee at South Korea’s BNK Busan Bank allegedly embezzled 1.48 billion won ($1.1 million) of clients’ funds to invest in Bitcoin. The post South Korean Banker Allegedly Embezzles $1.1M to Invest in Bitcoin appeared first on BeInCrypto.
2022-8-2 19:00 | |
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Governor of the Bank of England, Andrew Bailey, is not the biggest fan of crypto assets. The 63-year-old British central banker has not relented in his campaign to expose the futility of crypto investments, oftentimes referring to them as without "intrinsic value."
2022-7-12 16:41 | |
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Samir Shah, formerly JPMorgan’s head of asset management sales, has left the bank to take up the position of chief operating officer at cryptocurrency-focused investment firm Pantera Capital.
2022-7-5 07:52 | |
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Samir Shah, formerly JPMorgan’s head of asset management sales, has left the bank to take up the position of chief operating officer at cryptocurrency-focused investment firm Pantera Capital.
2022-7-5 07:52 | |
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Top financier and banker Hussein Al Meeza has joined Islamic Coin – the Shariah-compliant cryptocurrency launched in the UAE. Having been named Best Islamic Banking Personality in 2006, Mr. Al Meeza is an acclaimed award-winning expert with over 40 years of experience spanning the Islamic banking, finance and insurance sectors, and has been one of the key personalities involved in establishing Dubai Islamic Bank.
2022-6-25 11:35 | |
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The Gulf State central banker praised the "innovation" of crypto assets.
2022-6-22 14:07 | |
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In constructing its Real Digital, Brazil's central bank is developing mechanisms that can freeze citizens' conversion to CBDCs in the event of a bank run.
2022-6-4 00:00 | |
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The EU should impose a blanket ban on cryptocurrencies, says the governor of Hungary's central bank
2022-2-11 16:57 | |
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The inflation rate in the UK has risen 5. 1% to hit a 10-year high. Crypto enthusiasts proffer Bitcoin to hedge against inflation. The UK central banker, The Bank of England, remains unreceptive to Bitcoin, however.
2021-12-16 15:33 | |
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The inflation rate in the UK has risen 5. 1% to hit a 10-year high. Crypto enthusiasts proffer Bitcoin to hedge against inflation. The UK central banker, The Bank of England, remains unreceptive to Bitcoin, however.
2021-12-16 12:24 | |
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El Salvador’s adoption of Bitcoin will not threaten its $1.3 billion loan agreement with the International Monetary Fund, the country’s central bank president said. The post IMF Loan Not Threatened by Salvadoran Bitcoin Adoption, Says Central Banker appeared first on BeInCrypto.
2021-10-20 19:14 | |
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The country’s central bank chief does not see the recent Bitcoin adoption move hampering plans to secure an IMF loan.
2021-10-19 14:17 | |
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South Africa’s top banker has said that cryptocurrencies are more akin to assets than actual currencies.
2021-9-1 15:04 | |
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Former NFL team owner and alleged “shadow bank” operator Reggie Fowler is not engaged in any plea negotiations and the trial against him is set to begin early next year.
2021-8-7 08:55 | |
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Investment bank JPMorgan Chase is stockpiling cash according to the company’s CEO Jamie Dimon. The investment banker doesn’t seem to believe inflation is “transitory” and he thinks there’s a “very good chance” inflation could stick around.
2021-6-16 21:30 | |
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The Swedish central bank’s governor says bitcoin will face tougher regulation given its sheer popularity that continues to grow. “When something gets big enough, things like consumer interests and money laundering come into play,” said Stefan Ingves, Governor of the Riksbank.
2021-6-2 03:00 | |
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Irish Central Bank official Derville Rowland says the rising popularity of cryptocurrencies like Bitcoin is “of great concern.” The post Crypto Popularity of ‘Great Concern’ to Irish Central Banker appeared first on BeInCrypto.
2021-5-31 14:00 | |
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Denmark’s central bank governor Lars Rohde says that he can be tempted to ignore cryptocurrency, stating that it is not a threat to the central bank at present. However, he pointed out that the real threat could come from big technology companies “invading the currency area or the transaction means.
2021-5-28 03:35 | |
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Despite being worried about consumer protection, the central banker is confident that Bitcoin is no threat to financial stability.
2021-1-29 16:36 | |
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Bank for International Settlements (BIS) general manager Agustin Carstens has criticized bitcoin saying the asset was inherently risky and “increasingly vulnerable” to a 51% attack. A long time bitcoin (BTC) skeptic, Carstens stressed that only central banks should be issuing digital currencies.
2021-1-29 09:30 | |
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Former Quontic Bank executive Patrick Sells will be responsible for developing NYDIG’s white-labeled crypto services for banks.
2020-12-10 23:35 | |
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In 2011, Jesse Powell stored digital assets for online gamers. Now, his crypto exchange has created a bank for which he helped develop the rules.
2020-12-9 20:56 | |
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Riksbank Governor Stevan Ingves sees a Swedish digital currency as an imperative for the central bank.
2020-10-18 22:54 | |
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UK media boss and former banker Alexander Lebedev has revealed he is looking to launch a decentralized finance powered “bank 2.0.”
2020-10-13 07:54 | |
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A former chief economist of the IMF said neither private digital currencies nor central bank digital currencies should hold a monopoly.
2020-8-20 13:02 | |
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The Bank of Mauritius is inching closer to issuing a retail-focused central bank digital currency (CBDC), its governor confirmed Tuesday.
2020-5-13 18:59 | |
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The incoming Governor of the Bank of England has once again said that Bitcoin buyers should be prepared to lose everything they invest. Andrew Bailey, formerly the chair of the FCA, says that the digital asset lacks “intrinsic value”.
2020-3-5 01:00 | |
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At a conference hosted by the National Bank of Ukraine, several central bankers rejected the need for CBDCs, arguing blockchain technology offered no benefits over other digital alternatives. After Positive...The post Canadian Central Banker Unimpressed with Swedish Approach to CBDCs appeared first on Crypto Briefing.
2020-2-24 13:35 | |
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The powers that be in China seldom listen to advice from any outsiders. One former central banker, however, thinks that global cooperation is needed, especially in response to Facebook’s Libra. China has fast-tracked the development of its central bank digital currency (CBDC), primarily over fears that Facebook could dominate if it gets there first.
2020-1-28 17:10 | |
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The former head of payments and settlements at the Bank of Japan says Facebook’s Libra spurred institutions to look seriously into digital currency issuance
2020-1-22 12:48 | |
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The head of Germany’s central bank, Dr. Jens Weidmann, told Handelsblatt that the European Union should refrain from launching a digital euro. Instead, banks should improve their payment services to compete with the growing cryptocurrency market.
2020-1-15 20:00 | |
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The Central Bank of Nigeria (CBN) has warned that bitcoin and digital currencies are not legal tenders but Nigerians don’t seem to care. Bitcoin Adoption Rising Despite Apex Bank, Senate Warnings In its December 2019 edition of ‘The Nigerian Banker’, the Chartered Institute of Bankers of Nigeria (CIBN) highlighted how bitcoin is booming in Nigeria, despite the central bank’s anti-crypto stance.
2019-12-9 22:33 | |
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The central bank of France wants the eurozone to build a DLT-based settlement system that moves euros faster and more cheaply than existing tech.
2019-11-26 15:00 | |
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According to DTAP Capital founder Dan Tepiero, negative interest rates for wealthy account holders will lead younger generation investors to bitcoin
2019-11-4 14:01 | |
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Monetary policymaker Neel Kashkari wants to make one thing clear. Neither he nor his colleagues in the Federal Reserve are swayed by President Trump’s tweets when it comes to deciding the fate of short-term interest rates.
2019-10-13 01:38 | |
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A tailor has been mistaken for being one of the Deutsche Bank employees leaving the premisses after mass layoffs, with the picture by Simon Dawson, a photojournalist, featured on the... The post Tailor Mistaken for Bitcoin Banker appeared first on Trustnodes.
2019-7-12 16:42 | |
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By CCN Markets: A former investment banker has been slapped with a fine and a suspension by self-regulatory body Financial Industry Regulatory Authority (FINRA) for mining Bitcoin. According to the regulator, Kyung Soo Kim pursued outside business activity in December 2017 without giving his former employer a written notice.
2019-6-15 16:11 | |
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