Australian Financial Watchdogs Back New Powers To Curb Money-Laundering Via Crypto

Bank of America Jumps On Record Equity Trading Revenue, Net Interest Income Forecast Increase, Offset By FICC Miss Following stellar equity trading results from Goldman and JPMorgan, this morning Bank of America reported that its traders also pulled in the business’s highest quarterly revenue in more than a decade, riding a wave of volatility that pushed the firm’s stock-trading desk to an all-time record. Bank of America said Q1 profit rose 17% from a year earlier, while net income came in at $8.58 billion. That amounted to $1.11 a share, above...

Last week, the chair of the Federal Communications Commission threatened to rescind the broadcast licenses of media entities that do not relate events in Iran or Ukraine as the Trump administration would like them to be related. He also attacked The Wall Street Journal and The New York Times for the same reasons. This followed […]

ECB Backs Tokenized EU Capital Markets (With Strict Guardrails) Authored by Christina Comben via CoinTelegraph.com, The European Central Bank (ECB) set out a cautious path toward tokenizing Europe’s capital markets, saying the technology can deliver efficiency gains only if it remains anchored to central bank money, infrastructures remain interoperable, and regulation is “robust and supportive.”  In its latest Macroprudential Bulletin published on Monday, the ECB said distributed ledger technology (DLT) could help deepen the European Union’s savings and investments union, but warned that benefits will depend on interoperable infrastructure and policymakers keeping pace with...