News published on Monetary Brief in March 2025

News from March 2025

ASX addresses operational risk concerns after CHESS system failure

The Reserve Bank of Australia (RBA) and the Australian Securities and Investments Commission (ASIC) are addressing concerns over operational risk management at ASX, following a failure in the CHESS batch settlement system on December 20, 2024.

NCUA issues prohibition orders to six former credit union employees

The National Credit Union Administration (NCUA) has issued four consent orders and two prohibition notices in March 2025.

Cleveland Fed report shows decline in wage premium for college graduates

Demand for college-educated workers in the US has seen a slowdown in growth, according to a report from the Federal Reserve Bank of Cleveland.

Crypto Market March 29, 2025: Today's price shifts

From Bitcoin to Solana: Here’s how major cryptocurrencies moved today – March 29, 2025.

U.S. Treasury sanctions Hizballah finance team and linked companies in Lebanon

The U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) has enforced sanctions on five individuals and three companies linked to a Lebanon-based sanctions evasion network.

Federal agencies plan to rescind 2023 CRA final rule amid pending litigation

The federal bank regulatory agencies have announced their intention to propose the rescission of the Community Reinvestment Act (CRA) final rule issued in October 2023.

FDIC discloses February enforcement actions with seven safety orders issued

The Federal Deposit Insurance Corporation (FDIC) has released its list of administrative enforcement actions executed in February 2025.

FDIC issues new guidance for banks engaging in crypto activities

The Federal Deposit Insurance Corporation (FDIC) has released a new Financial Institution Letter (FIL-7-2025) to update the guidance for FDIC-supervised institutions regarding crypto-related activities.

UC Berkeley engineers unveil world's smallest wireless flying robot

Engineers at the University of California, Berkeley, have developed the world’s smallest wireless flying robot, weighing only 21 milligrams and measuring less than one centimeter in diameter.

Crypto Market March 28, 2025: Today's price shifts

Tracking the latest price action across Bitcoin, Ethereum, Binance Coin, and more on March 28, 2025.

BaFin warns about insightfxmarkets.com for unauthorized financial and crypto services

The Federal Financial Supervisory Authority (BaFin) has issued a warning regarding the website insightfxmarkets.com, which is offering financial, investment, and crypto asset services without the necessary authorization.

UC Berkeley study unveils link between neurotensin levels and food enjoyment in obesity

A recent study conducted by the University of California, Berkeley, sheds light on the paradoxical relationship between obesity and the pleasure derived from food consumption.

New documentary highlights Fred Ross Sr.'s impact on civil rights and labor movements

Fred Ross Sr., known for mentoring civil rights figures like Cesar Chavez and Dolores Huerta, is the subject of a new documentary by Raymond Telles titled "American Agitators."

Treasury Secretary hosts 'Big Six' meeting on extending Trump Tax Cuts

Treasury Secretary Scott Bessent organized a meeting with the "Big 6" group at the U.S. Department of Treasury today.

Treasury removes BOI reporting requirements for US companies

The U.S. Department of the Treasury has announced the publication of an interim final rule by the Financial Crimes Enforcement Network (FinCEN).

Crypto Market March 27, 2025: Today's price shifts

Tracking today’s crypto price changes across Binance Coin, Bitcoin, Ethereum, and other key cryptocurrencies on March 27, 2025.

IBM expands its 'as a service' offerings with new storage and power solutions

IBM has taken a significant step forward in the "as a service" market with its introduction of IBM Storage Ceph as a Service, added to its portfolio of service solutions aimed at easing on-premises infrastructure management.

Michael Faulkender confirmed as Deputy Secretary of the Treasury

Yesterday, the United States Senate confirmed Michael Faulkender as the Deputy Secretary of the Treasury. “It is an honor to be confirmed as the Deputy Secretary of the United States Department of the Treasury.

Berkeley student's startup uses AI and smartphones to detect stroke signs

A UC Berkeley student's startup is set to potentially impact stroke detection and prevention with the help of AI and common digital devices.

UC Berkeley faculty members elected as fellows of AAAS in 2024

UC Berkeley recently announced that seven of its faculty members have been named as fellows of the American Association for the Advancement of Science (AAAS), a prestigious recognition for contributions to science and engineering.