Babel Finance Has Put a Halt to Withdrawals Due to a Lack of Liquidity
Crypto Currency Babel Finance, a Hong Kong-based asset management firm and cryptocurrency lender, is the latest cryptocurrency lending provider to be hit hard by the current market….
Securities regulators from 5 states probing into Celsius halt of withdrawals
According to Alabama Securities Commission Director Joseph Borg, securities regulators in Alabama, Texas, New Jersey, Washington, and Kentucky are in the initial stage of the investigations. On…
Binance Resumes BTC Withdrawals Hours after Halt
Binance, the world’s largest cryptocurrency exchange, has recommenced processing its users’ withdrawals on the Bitcoin network hours after halting the service. Earlier on Monday, Binance founder and…
Brazilian central banker describes how CBDC system can halt bank runs
In a paper recently published by the Bank for International Settlements (BIS), Fabio Araujo, an economist at the Central Bank of Brazil (CBB) who is also responsible…