Market Release

Disguised NJ Woman and her Aide Duped Investors in 30 million blockchain-based Fraud
An Essex woman Edith Pardo (age 68) and her Canadian crime partner Boaz Manor (Age 46) were arrested by the FBI, under the accusation of her alleged involvement in a scam of $30 million orchestrated..
Feb 06, 2020


Fed announces hike in interest rates by 75bps to combat inflation
US Fed FOMC announces hike in interest rates by 75bps to combat inflation.?This hike is?the fourth consecutive increase of 75 basis points this year...
Nov 04, 2022


New York Fed and Banks to Participate in Proof-of-Concept Project
The Federal Reserve Bank of New York is collaborating with the banking community to advance the research into asset tokenization. An interoperable network of commercial banks and central bank...
Nov 16, 2022


Federal Reserve Imposes Restrictions on Crypto Involvement of State-Member Banks
The Federal Reserve Board (FRB) has released a policy statement clarifying the restrictions on state member banks engaging in principal activities. The statement interprets Section 9(13) of the...
Feb 04, 2023


United States Federal Reserve setting up a “specialized team of experts” to supervise the crypto sector
Due to the central bank's concerns over "unregulated" stablecoins, the United States Federal Reserve has announced plans to establish a “specialized team of experts” to monitor..
Mar 13, 2023


US Federal Reserve Introduces $25B Package for Struggling Banks
The US Federal Reserve has introduced a $25 billion package, the Bank Term Financing Program (BTFP), to support struggling banks. Eligible institutions can access liquidity through the pledge of...
Mar 16, 2023
