Stories by Fiat Reporter on Fiat Reporter

The Bank of Russia has announced that unit investment funds (UIFs) for qualified investors will have the opportunity to change their status to UIFs for non-qualified investors.

The House Financial Services Committee is seeking public feedback on its "Make Community Banking Great Again" principles following a recent hearing.

The Bank of Russia has announced an expansion in the range of bonds available to non-qualified investors.

The House Financial Services Committee Chairman, French Hill, along with Subcommittee Chairmen Dan Meuser, Andy Barr, and Bryan Steil, have addressed a letter to FDIC Acting Chairman Travis Hill.

The Bank of Canada has issued a warning to the public about an increasing number of investment scams and deceptive articles circulating on social media that falsely mention the Bank.

The Bank of Russia has reported an increase in its Business Climate Index, rising to 5.2 points in February from 3.9 points in January.

House Financial Services Committee Chairman French Hill and Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee Chairman Bryan Steil have published an opinion piece in Coindesk.

In January, the growth of consumer prices slowed down but remained high, with annual inflation significantly above 4%.

Chairman Tim Scott of South Carolina is advocating for increased economic opportunities in underserved communities during Black History Month.

SensorTower has recognized Binance as the best cryptocurrency app of 2024, highlighting its 225 million downloads and a 4.8-star rating.

In 2024, the Bank of Russia received over 750 reports concerning cyber attacks targeting financial institutions.

The Reserve Bank Board has announced a decision to lower the cash rate target to 4.10 percent and the interest rate on Exchange Settlement balances to 4 percent.

Over the course of 2024, credit institutions successfully prevented 72.17 million fraudulent attempts to steal clients' funds, a significant increase from the 34.77 million thwarted in 2023.

Earlier this week, the House Financial Services Committee, chaired by French Hill (AR-02), convened a hearing with Federal Reserve Chairman Jerome Powell.

As of January 1, 2025, the Bank of Russia reported a decrease in foreign equity participation in the authorized capital of credit institutions and insurance companies.

The Bank of Russia has announced changes to its macroprudential policy concerning mortgage loans and loans to large over-indebted companies.

The Bank of Russia has opted to maintain its key interest rate at 21% per annum, according to a statement from Governor Elvira Nabiullina following the Board of Directors meeting on February 14, 2025.

House Financial Services Committee Chairman French Hill and Senate Banking Committee Chairman Tim Scott have introduced Congressional Review Act resolutions aimed at overturning the Biden Administration's Consumer Financial Protection Bureau...

Earlier this week, the Digital Assets, Financial Technology, and Artificial Intelligence Subcommittee convened to discuss several bills and discussion drafts aimed at strengthening U.S. leadership in the digital asset sector.

Senate Banking Committee Chairman Tim Scott and House Financial Services Committee Chairman French Hill have introduced Congressional Review Act resolutions to overturn a Consumer Financial Protection Bureau (CFPB) rule from the Biden administration.