Central Bank Digital Currencies, or CBDCs, have been gaining traction in the world of finance. However, despite their potential benefits, many experts believe that CBDCs do not fully address the needs of the people. This has raised concerns about the impact that digital currencies could have on the financial well-being of individuals. Stay tuned as ...
In a significant industry development, the CEO of Custodia Bank has publicly praised the decision made by the Depository Trust & Clearing Corporation (DTCC) regarding the zero collateral value of cryptocurrency. This new stance marks a pivotal moment in the financial world, potentially altering how digital assets are perceived and handled by major financial institutions. ...
In a significant move, Philadelphia’s Republic First Bank has been officially shut down by regulators. This unexpected closure marks the end of the road for the local bank. However, there’s a silver lining for its customers as the bank is set to make a comeback, but this time as part of Fulton Bank. The transition ...
