BACK TO REALITY

Tag: banks

Stablecoins are the forefront of money laundering, Bank of Italy suggests Editorials, News
Stablecoins are the forefront of money laundering, Bank of Italy suggests

Various tools help to exchange stablecoins without the transaction being monitored and without any obligation to report it to the authorities. This facilitates suspicious activities which, according to some analysts, increasingly involve these digital currencies.

freccia gialla
From privatization to bank run: all concerns surrounding stablecoins Finance, News
From privatization to bank run: all concerns surrounding stablecoins

Stablecoins promise the stability that cryptocurrencies have historically lacked. But, in some cases, they’ve failed to deliver transparency on aspects such as corporate and ownership structure and the actual size of reserves. Not to mention warnings on the risks to international financial stability

freccia gialla
Digital euro sparks clash between EU Commission and ECB Finance, News
Digital euro sparks clash between EU Commission and ECB

While the European Commission is pushing for stablecoins, the ECB is putting the brakes on, highlighting the risks to financial stability and the effectiveness of monetary policy and promoting, as an alternative, accelerating the digital euro. According to President Christine Lagarde, this is a fundamental tool for Europe’s financial autonomy in response to Trump’s plans for cryptocurrencies

freccia gialla
Meet the stablecoins, a “steady” alternative to traditional cryptocurrencies Finance, News
Meet the stablecoins, a “steady” alternative to traditional cryptocurrencies

At the center of recent U.S. regulatory initiatives and with strong support from Donald Trump, stablecoins promise to be a fast and low-cost payment tool. Designed to solve the longstanding problem of volatility in cryptocurrency market, however, they do not come at no risk

freccia gialla
Nuclear “renaissance” will still be paid by governments Environment, News
Nuclear “renaissance” will still be paid by governments

Despite the growing interest of banks and Big Tech projects, private investment in the nuclear sector will continue to play a marginal role. While governments and taxpayers will still bear much of the risks

freccia gialla
Mps-Mediobanca, a battle based on propaganda Editorials, News
Mps-Mediobanca, a battle based on propaganda

The assault by Monte dei Paschi has a clear objective: to transform Francesco Gaetano Caltagirone into one of the big players in the banking and insurance sector. The advantages for savers and taxpayers, however, are yet to be demonstrated

freccia gialla
Will US banks no longer be able to exclude polluters? Finance, News
Will US banks no longer be able to exclude polluters?

Donald Trump, some say, is likely to give new momentum to a previously proposed law that would prevent institutions from rejecting the most controversial customers

freccia gialla
Banks still forget the rights of Indigenous Peoples Human Rights, News
Banks still forget the rights of Indigenous Peoples

BankTrack’s: “Without regulations, Indigenous Peoples will continue to bear the brunt of harmful exploitation projects financed by banks”

freccia gialla
BofA and Citigroup exit UN climate deal Finance, News
BofA and Citigroup exit UN climate deal

The exit from climate deal, the Financial Times writes, is a signal following Trump’s re-election and increasing pressure from the fossil industry

freccia gialla