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Crypto Among Industries Major Banks “Debanked,” OCC Finds
The nine largest US banks restricted financial services to politically contentious industries, including cryptocurrency, between 2020 and 2023, according to the preliminary findings...
Japan’s FSA Backs Major Banks’ Joint Yen Stablecoin Rollout
Japan’s financial regulator, the Financial Services Agency (FSA), endorsed a project by the country’s largest financial institutions to jointly issue yen-backed stablecoins.In a...
Three major investment banks crank up their stock market forecasts, citing AI trade, muted tariff impact
Several Wall Street firms hiked their year-end outlooks for the S & P 500 , citing continued strength in the artificial intelligence trade...
Where is Nvidia? Chinese rivals take the limelight at major AI event
Chinese telecoms giant Huawei showed off its Ascend chips and system for powering artificial intelligence models at the World AI Conference in Shanghai...
