A law that caps security deposits at one month has taken effect.
The days of needing to save two to three months’ worth of rent for a security deposit are largely over in California. Legislation took effect…
Crypto giant Binance’s US arm suspends dollar deposits | Crypto
Move comes days after US regulators announced 13 civil charges against Binance and its CEO Changpeng Zhao. Crypto exchange Binance.US has said it is suspending…
US sees bank deposits stabilise even as some regional banks reel | Business and Economy News
Deposits in the country’s banking system are stabilising, Reuters reported citing unnamed US official. A United States official has said that the deposit outflows that…
US guarantees Silicon Valley Bank deposits amid bank crisis fears | Banks
US regulators move to protect depositors amid concerns of broader fallout from second-largest bank failure in history. The United States government has announced it will…
Saudi Arabia deposits $1bn in Yemen’s Aden-based central bank | News
The deposit comes as the Saudi-backed administration struggles to handle weak currency and high fuel and commodity prices. Saudi Arabia has signed an agreement to…