Author: Admin

The US Federal Reserve is seeking to codify a rule removing “reputation risk” from banking supervision, which some have blamed for a wave of crypto debanking in recent years. The Fed initially began making changes in June last year, announcing that it had directed its supervisors to stop pressuring banks to shut down client accounts over reputation risk, meaning banks can only make decisions on clients based on financial risk management. In a press release on Monday, the Fed said that it is requesting feedback on a proposal to turn this into law. The Fed has set a 60-day deadline for…

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Former British Ambassador to the U.S. Peter Mandelson is led away from his home by a police officer as he is arrested on suspicion of misconduct in public office, following revelations over his ties to convicted sex offender Jeffrey Epstein, in London, Britain, Feb. 23, 2026, in this screen capture from video.BBC | Via ReutersPolice in London released Peter Mandelson, Britain’s former ambassador to the United States, on bail Tuesday local time, hours after his arrest earlier.Mandelson has been under investigation for his relationship with notorious sex offender Jeffrey Epstein.Metropolitan Police in London said that Lord Mandelson, 72, was arrested…

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Campaigners have bemoaned the “achingly slow” progress made on gender equality at the top of Britain’s biggest businesses, as research showed blue-chip firms had missed key targets and there were only nine female bosses at FTSE 100 companies.The average number of female FTSE 100 chief executives did not move last year, according to the government-backed FTSE Women Leaders Review.They were Allison Kirkby at BT, Zoë Yujnovich at National Grid, Milena Mondini de Focatiis at Admiral, Stella David at Entain, Louise Beardmore at United Utilities, Margherita Della Valle at Vodafone, Amanda Blanc at Aviva and Cindy Rose at WPP.The report also…

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Mmbg Investment Advisors CO. trimmed its stake in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 3.9% during the third quarter, HoldingsChannel reports. The fund owned 81,249 shares of the social networking company’s stock after selling 3,290 shares during the period. Meta Platforms comprises about 5.3% of Mmbg Investment Advisors CO.’s investment portfolio, making the stock its 5th largest position. Mmbg Investment Advisors CO.’s holdings in Meta Platforms were worth $59,671,000 as of its most recent filing with the Securities & Exchange Commission. A number of other institutional investors and hedge funds have also recently added to or…

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IoTeX, a blockchain project focused on Internet-of-Things devices, offered a 10% white-hat bounty to the hacker or hackers who exploited a private key on its cross-chain bridge ioTube, siphoning millions of dollars, in exchange for the voluntary return of funds within 48 hours.With this move, IoTeX is offering the $440,000 if the malicious actor or actors return roughly $4.4 million they stole, according to an IoTeX X post, to which IoTeX co-founder and CEO Raullen Chai pointed “as a source of truth” on Monday.A number of crypto projects have offered similar 10% bounties to hackers after being breached. Hackers sometime…

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(RTTNews) – Asian stock markets are mixed in thin holiday trading volumes on Wednesday, following the broadly positive cues overnight from Wall Street, as traders are reluctant to make significant moves as they brace for the biggest interest rate hike since 2000 of 50 basis points by the US Federal Reserve later in the day and other monetary policy tightening by European Central Bank and the Bank of England later this week. Asian Markets closed mostly lower on Tuesday. Traders are also likely to look to the accompanying statements from the Fed for clues about how aggressively the central bank…

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In this episode of the Fintech Times News and Views podcast, Mark Walker interviews Samantha Yap, founder of Yap Global, at Abu Dhabi Finance Week. They discuss the explosive growth of digital assets and Web3, the role of stablecoins in cross-border payments, and the regulatory environment in the UAE. The post Exploring the Future of Crypto and Stablecoins appeared first on The Fintech Times.

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