Tag: Deposit

US Regulator Alerts Steerage on Stablecoins, Tokenized Deposit Insurance coverage

The Federal Deposit Insurance coverage Company is contemplating steerage for tokenized deposit insurance coverage. The company additionally plans to introduce an software course of for stablecoins by the tip of this yr.Digital property meet tradfi in...

JPMorgan Launches Deposit Token JPM Coin for Institutional Purchasers

JPMorgan Chase has began to roll out JPM Coin, a deposit token that represents a declare on present buyer deposits, to its institutional shoppers. The token will likely be circulated beneath the ticker...

Rio Tinto in talks with DRC to develop lithium deposit

Rio Tinto Group has held discussions with the Democratic Republic of Congo (DRC) to develop one in every of many world’s largest onerous rock lithium deposits, reported Bloomberg. The negotiations, which have taken place...

Euro dips as ECB cuts deposit price to three.0%; BNP sees parity by the top of 2025 By Investing.com

The euro skilled a decline, reaching a nine-day low, following the European Central Financial institution's (ECB) choice to cut back rates of interest by 25 foundation factors. This transfer adjusted the deposit price...

China’s PBOC asks overseas banks about greenback deposit charges amid weak yuan

© Reuters. Banknotes of Chinese language yuan and U.S. greenback are seen on this illustration image taken September 29, 2022. REUTERS/Florence Lo/Illustration SHANGHAI/BEIJING (Reuters) - China's central financial institution has surveyed some overseas banks...

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