Federal Reserve Gives Guidance to Banks Considering Crypto Activities

The U.S. Federal Reserve on Tuesday issued additional guidelines for banks considering activities involving cryptocurrencies. The guidelines warned that banks must ensure that they have systems in place beforehand to ensure that volatile assets do not pose a threat to safety, soundness or consumer protection. Banks are required to notify the Fed before undertaking any […]

Experts Worry About Revenue Decline in Cloud and Data Center Sector

Analysts fear that the cloud and data center sector, like all other sectors, could suffer a decline as countries around the world struggle with inflation, high interest rates, and economic slowdown. Although several companies are adopting cloud technology, major technology companies have experienced slower annual growth rates in cloud revenue. Alphabet’s Google Cloud fell by […]