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Dubai’s VARA Fines 19 Unlicensed Crypto Firms, Halts Operations

Dubai’s VARA Fines 19 Unlicensed Crypto Firms, Halts Operations

The post Dubai’s VARA Fines 19 Unlicensed Crypto Firms, Halts Operations appeared first on Coinpedia Fintech News The UAE is becoming a major hub f...
Dubai regulator fines TON DLT Foundation and 18 other VASPs

Dubai regulator fines TON DLT Foundation and 18 other VASPs

Dubai's VARA has penalized 19 VASPs for carrying out unlicensed virtual asset activities and for breaches of VARA's marketing regulations.
JPMorgan Chase, Bank of America, Wells Fargo and Citigroup Holding $172,280,000,000 in Unrealized Losses As Bank Bond Portfolios Remain Underwater: S&P Global

JPMorgan Chase, Bank of America, Wells Fargo and Citigroup Holding $172,280,000,000 in Unrealized Losses As Bank Bond Portfolios Remain Underwater: S&P Global

The four largest banks in the US are staring at tens of billions of dollars in unrealized losses on their held-to-maturity (HTM) securities as bond...
Pennsylvania House of Representatives Passes Bi-Partisan Crypto Bill Protecting Citizens’ Rights to Self-Custody

Pennsylvania House of Representatives Passes Bi-Partisan Crypto Bill Protecting Citizens’ Rights to Self-Custody

Pennsylvania’s House of Representative is passing a new bi-partisan crypto bill that protects the self-custody rights of customers, establishes Bit...
U.S. banks’ unrealized losses soar to 7 times 2008 crisis levels

U.S. banks’ unrealized losses soar to 7 times 2008 crisis levels

U.S. banks are taking massive hits, with unrealized losses on their securities skyrocketing to $750 billion by Q3 of 2024. That’s seven times highe...