Crypto Gator | The Best Cryptocurrency, Blockchain and Forex News Aggregator
The Best Cryptocurrency, Blockchain and Forex News Aggregator
<p>Switzerland-headquartered Credit Suisse confirmed on Thursday its intention to borrow up to CHF 50 billion (about $54 billion) from the Swiss National Bank to support liquidity and investor confidence after shares of the bank continued a steep downward momentum. </p><p>Credit Suisse Secures a CHF 50B Loan </p><p> The additional liquidity would support the bank’s core businesses and clients as it […]
<p>Credit Suisse shares reached another record-low for a fifth trading session in a row, after Saudi National Bank, the embattled bank’s biggest investor, revealed it would not be able to provide any further financial aid in the future, as stated in Reuters report.</p><p>Credit Suisse in Crisis After Saudi National Bank Update </p><p>At the time of writing, Credit Suisse shares on […]
<p>The US Federal Reserve is reviewing capital and liquidity requirements for banks with assets between $100 billion and $250 billion following the abrupt and speedy <a href=”https://www.financemagnates.com/fintech/svbs-collapse-casts-shadow-on-bank-shares-as-first-republic-bank-slumps-over-60/” target=”_blank” rel=”follow”>collapse of Silicon Valley Bank</a> last week.</p><p>Fed Reviews Regulatory Requirements for Mid-Sized American Banks </p><p>As reported by the Financial Times, the Fed is considering bringing about strict regulations for banks falling in […]
<p>The Cyprus Securities and Exchange Commission (<a href=”https://www.financemagnates.com/terms/c/cysec/” class=”terms__main-term” id=”37d97d82-59f8-4ce2-94d2-21c5bdc82663″ target=”_blank”>CySEC</a>) has summarized the previous year and announced that it supervised 837 regulated entities at the end of 2022. In addition, the regulator revealed that as part of its expanded supervisory authority, it will oversee crowdfunding providers and personal pension products.</p><p>CySEC’s Year in a Review: More Regulated Firms and More […]
<p>Noor Capital, a Dubai-based forex and CFDs broker, has acquired “directly or indirectly” 75% or more shares holdings in House of Borse, the latter’s UK <a href=”https://find-and-update.company-information.service.gov.uk/company/09137156/filing-history” target=”_blank” rel=”follow”>Companies House filing</a> shows. Mohammad Alkahtani, who previously controlled House of Borse, has ceased to be a person with significant control, another filing shows.</p><p>Noor Capital’s majority shareholding in House of Borse, which […]
<p>Coinbase Global Inc. has formed a strategic partnership with Standard Chartered in Singapore to offer its clientele a seamless solution for transferring funds between any financial institution and the <a href=”https://www.financemagnates.com/terms/c/cryptocurrency-exchange/” class=”terms__main-term” id=”601e2e5f-0c28-4253-9ad4-5e6b251ba2fa” target=”_blank”>cryptocurrency exchange</a>. </p><p>This collaboration comes at a crucial time when traditional banking services for digital asset service providers are becoming increasingly scarce due to the growing regulatory […]
<p>Coinbase Global Inc. has formed a strategic partnership with Standard Chartered in Singapore to offer its clientele a seamless solution for transferring funds between any financial institution and the <a href=”https://www.financemagnates.com/terms/c/cryptocurrency-exchange/” class=”terms__main-term” id=”601e2e5f-0c28-4253-9ad4-5e6b251ba2fa” target=”_blank”>cryptocurrency exchange</a>. </p><p>This collaboration comes at a crucial time when traditional banking services for digital asset service providers are becoming increasingly scarce due to the growing regulatory […]
<p>The US Justice Department was investigating Signature Bank for its dealings with cryptocurrency clients before the New York regulators decided to shuttering the bank last weekend. </p><p>Justice Department Probed Signature Bank </p><p> According to a Bloomberg report on Wednesday, the US prosecutors in Washington and Manhattan were explicitly concerned about lapses in the anti-money laundering practices of the New York […]
<p>IG Group (LON: IGG) announced its performance for the third quarter of the <a href=”https://www.financemagnates.com/forex/brokers/ig-group-sees-solid-growth-in-fy22/” target=”_blank” rel=”follow”>financial year 2023</a>, reporting a 7 percent lower revenue at £239.3 million. The overall figure was dragged down by the OTC derivatives revenue, which was 18 percent lower at £179.4 million. </p><p> Lower Market Volatility Pushes down OTC Derivatives Revenue of IG </p><p> The<a […]
<p>After the US Federal Reserve (Fed) <a href=”https://www.financemagnates.com/institutional-forex/after-silicon-valley-bank-collapse-us-fed-announces-internal-investigation/” target=”_blank” rel=”follow”>declared an internal probe</a> following the collapse of Silicon Valley Bank (SVB) last week, two more US government bodies want to scrutinize the causes of the run on the institution’s deposits that put it on the brink of <a href=”https://www.financemagnates.com/terms/b/bankruptcy/” class=”terms__main-term” id=”41b3ef0d-d805-441d-8443-121890264e94″ target=”_blank”>bankruptcy</a>, as per The Wall Street Journal (WSJ) report.</p><p>SEC […]