2021-6-27 13:24 |
The People's Bank of China ordered financial institutions to suppress cryptocurrency-related transactions. The ban affected not only banks and brokers, but also the Alipay payment network. Bitcoin crashed 10%. origin »
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People’s Bank of China (PBoC), the country’s central bank, has today directed local banks and payment institutions to stop providing cryptocurrency-related services such as account opening, trading, clearing, and settlement.
2021-6-22 16:57 | |
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The close interaction between traditional finance and regulators is the key element in the development of the cryptocurrency industry.
2020-7-12 12:06 | |
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India’s largest multinational IT services company, Tata Consultancy Services (TCS), has announced the launch of a new product to help banks offer cryptocurrency-related services. The new product is called Quartz...
2020-7-9 21:11 | |
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The Fifth Anti-Money Laundering Directive (AMLD5) will soon go into effect and it will inadvertently boost the cryptocurrency industry in the EU. Under the new directive, cryptocurrency-related companies will be treated like any other business.
2020-2-23 15:23 | |
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JPMorgan Chase has announced it is planning on releasing an e-wallet for e-commerce and the ‘gig economy. ’ Could this e-bank be a testing ground for future cryptocurrency-related experiments? One of the largest Wall Street banks in the world will be releasing an ‘e-wallet’ soon.
2019-11-7 02:34 | |
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JPMorgan Chase has announced it is planning on releasing an e-wallet for e-commerce and the ‘gig economy. ’ Could this e-bank be a testing ground for future cryptocurrency-related experiments? One of the largest Wall Street banks in the world will be releasing an ‘e-wallet’ soon.
2019-11-7 02:34 | |
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We went undercover to try and open accounts at four of the largest U. S. banks, telling them ahead of time that we would use the account to buy and sell Bitcoin on Coinbase. The verdict is in—personal accounts are at risk of being closed, and accounts for cryptocurrency-related businesses are outright prohibited.
2019-7-24 21:58 | |
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The move by the Reserve Bank of India (RBI) to ban banks from offering their services to cryptocurrency-related businesses has claimed another victim – Koinex crypto exchange. ‘Sad day for India’s crypto sector’ In a blog post, the co-founder and CEO of Koinex, Rahul Raj, announced that the exchange’s last day of business would be […] The post India's Frightening 10-Yr Crypto FUD Jail Term Kills Bitcoin Exchange Koinex appeared first on CCN Markets
2019-6-28 16:55 | |
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While the government of crypto-friendly Switzerland have since put in place amenable regulations to govern the region’s blockchain and digital assets ecosystem, traditional financial institutions in the country remain reluctant to service cryptocurrency-related startups.
2019-6-27 21:00 | |
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U. S. Attorney's office for the Southern District of New York has charged two individuals for providing “shadow banking” services to crypto exchanges. According to a statement by Geoffrey S.
2019-5-2 23:54 | |
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By CCN. com: In recent years, government agencies across the world have vamped up their efforts to crackdown on money laundering involving cryptocurrencies like bitcoin. Yet, money laundering scandals involving some of the largest banks in the world dwarf any cryptocurrency-related incidents.
2019-3-29 17:05 | |
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Silvergate Bank, headquartered in San Diego as a California state-chartered bank, started its cryptocurrency-related business in 2013. Now over 500 companies from the digital assets industry are using its services as one of the very few “bitcoin-friendly” banks based in the U.
2019-3-20 19:47 | |
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Central banks around the world have been notably removed from all things blockchain, and are more than mildly averse to serving cryptocurrency-related businesses. While large banking conglomerates like JP Morgan Chase and Bank of America often cannot be reached for comment on the issue, the general consensus among banks who reject cryptocurrency is that the […] The post Underbanked Crypto Industry Forced To Innovate Solutions appeared first on Crypto Briefing.
2019-3-18 16:38 | |
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While governments and banks in some countries are trying to hamper the development of cryptocurrency-related businesses, other locations are cashing in on the investments and new jobs that the industry brings.
2019-1-4 01:15 | |
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For nearly a decade, participants in the blockchain and cryptocurrency space have operated in a regulatory compliance gray zone. Recent developments — at both the federal and international levels — signal that the time for plausible deniability or unregulated freedom is coming to an end and more traditional regulations are moving to the forefront.
2018-12-3 19:20 | |
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One of the world’s largest investment banks may soon bring cryptocurrencies into its trillion-dollar investment fold. Goldman Sachs is allegedly devising a cryptocurrency custody service, individuals familiar with the matter told Bloomberg.
2018-8-7 20:57 | |
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Swiss regulators are currently making a greater effort to provide clear regulations for the banking industry to ensure that cryptocurrency-related projects can remain fully functional within the country.
2018-7-21 17:11 | |
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Swiss regulators are currently making a greater effort to provide clear regulations for the banking industry to ensure that cryptocurrency-related projects can remain fully functional within the country.
2018-7-20 20:26 | |
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Financial service providers have shown an increasing interest in cryptocurrency. Multiple banks are mulling the idea of setting up cryptocurrency trading desks. Doing so will take a lot of time and effort.
2018-7-7 21:00 | |
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The highest court in India this week upheld the reserve bank's decree prohibiting the country's banks and other regulated lenders from dealing with or supporting any cryptocurrency-related services, including allowing customers to buy crypto with credit cards.
2018-7-8 04:00 | |
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The highest court in India this week upheld the reserve bank's decree prohibiting the country's banks and other regulated lenders from dealing with or supporting any cryptocurrency-related services, including allowing customers to buy crypto with credit cards.
2018-7-6 19:33 | |
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Today marks the official deadline by which Indian banks have to end any relationship with cryptocurrency exchanges. India’s federal government has had some of the harshest regulatory legislation aimed at cryptocurrencies of any country to date.
2018-7-6 01:52 | |
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Swiss authorities are forcing banks to be friendlier towards cryptocurrency-related startups.
2018-7-4 11:54 | |
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A Bank of England official has warned banks and other financial firms about exposure to cryptocurrency-related assets in a letter.
2018-6-28 18:00 | |
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]In a fresh new twist, the Reserve Bank of India (RBI) has admitted to issuing its ban on cryptocurrency-related accounts spontaneously, without taking time to study and understand how cryptocurrencies work.
2018-6-13 23:40 | |
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The memecoin era just crossed a line no one expected this early. Dogecoin now has its own U. S. spot ETF. Grayscale has officially launched $GDOG, the first-ever spot Dogecoin ETF in the United States.
The decentralized prediction market sector just witnessed one of its biggest moments to date. @Rain__Protocol’s native token exploded more than 120% today after a public biotech company confirmed a massive nine-figure deployment into the ecosystem.
Key Takeaways: Monad Mainnet is now live, enabling real transactions, EVM-compatible app deployment, and early access to multiple consumer and DeFi apps. The launch introduces a high-throughput Layer-1 architecture using The post Monad Mainnet Goes Live as High-Speed L1 Opens With Full EVM Support and Day-One Apps appeared first on CryptoNinjas.
Key Takeaways: El Salvador acquired an additional 1,090.19 BTC worth about $101 million, its largest single purchase in months. The government’s accumulation goes beyond its ongoing 1 BTC per day The post El Salvador Adds $101M in Bitcoin as Government Buys 1,098 BTC During Market Dip appeared first on CryptoNinjas.
Port3 suffered a critical exploit today. A single validation flaw inside Nexa Network’s cross-chain CATERC20 token standard opened the door to unauthorized minting and a rapid price collapse. What followed was a full-scale breakdown of the token’s security model, a multi-address exploit, and now a complete token migration to stabilize the ecosystem. The incident is [...]
Hyperliquid is entering a critical moment. The project’s first major cliff unlock since its Token Generation Event (TGE) in November 2024 is scheduled for November 29, and the market is already reacting.
Cardano faced a rare and serious network disruption this week after a malformed ADA delegation transaction triggered a long-standing code flaw and caused the blockchain to split into parallel chains.