Warren Buffett's Berkshire Hathaway Inc. BRK BRK unloaded more than a quarter of its stake in Wells Fargo & Co. WFC and about 61% of its position in JPMorgan Chase JPM, while acquiring a new position in Barrick Gold Corp. GOLD, according to 13F filings with the Securities and Exchange Commission for the period ended Jun 30, that were released Friday afternoon.
The Federal Reserve Board on Thursday announced details of the FedNow℠ Service, a new 24x7x365 interbank settlement service with clearing functionality to support instant/real-time payments in the United States.
Scalable blockchain Elrond has made the leap onto its mainnet and drastically reduced the token supply in the process. As a result the price must also be recalculated and the price of the new coin will be increased by 1000x, making Elrond a $20 coin at present pricing.
The OCC serves to charter, regulate and supervise national banks. Today’s OCC letter clarifies that national banks have the authority to provide fiat bank accounts and cryptocurrency custodial services to cryptocurrency businesses. This clarification from the OCC may open the doors for larger financial institutions to be more comfortable providing traditional bank accounts to cryptocurrency […]
The number of regulated cryptocurrency exchanges in the Philippines has grown to 16, according to Bangko Sentral ng Pilipinas, the country’s central bank. One of the regulated exchanges has been helping the government and Unionbank to launch an app for bond purchases.