In the grand chessboard of international finance, UBS makes bold moves, but the outcome remains uncertain. The narrative is one of change, adaptation, and the profound costs - both financial and cultural - inherent in reshaping the global banking landscape.
SanyaCredit Suisse and the Swiss Football Association are launching an NFT collection to support women’s football. The Ethereum-based NFT collection consists of 756 digital art portraits of Swiss women’s national team players.
TheBlockNew York Attorney General Letitia James announced a settlement with CoinEx. The Hong Kong-based virtual currency trading platform must refund investors in the state.
TheBlockThe bank concluded a half billion dollar settlement with U.S. prosecutors on Monday.
BeincryptoFollowing a period of extreme volatility in traditional financial markets Credit Suisse and Deutsche Bank are said to be in financial difficulty.
BeincryptoOne of the world’s biggest banks insists it is in a “strong” financial position, amid fears of a looming Lehman Brothers moment that could spark a major crisis.
Others“I encourage workers in crypto companies who may have witnessed misconduct to file a whistleblower complaint,” said New York Attorney General Letitia James.
CointelegraphNew York Attorney General Letitia James has issued an investor alert against "risky cryptocurrency investments," citing the assets' volatility.
CointelegraphSwiss banking secrecy protects Credit Suisse from having to disclose whether it was criminal banking activity, a far cry from the transparency offered by blockchain technology.
CointelegraphThe Swiss firm will conduct all interactions with the Liquity smart contract on its clients’ behalf, but only a select few with over $500,000 on the platform will have access to the product.
Cointelegraph