2022-10-26 10:00 |
The Bank for International Settlements tested its central bank digital currency research project, mBridge, in another pilot focused on foreign exchange transactions, a new report says. origin »
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New Zealanders are not too excited about a central bank digital currency, with the Reserve Bank of New Zealand’s public consultation feedback revealing the majority view it as not important. On December 10, the Reserve Bank of New Zealand (RBNZ)…
2024-12-10 12:41 | |
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New York State financial official brings her case to Congress, arguing that cryptocurrency did not cause the fall of Signature Bank. The post New York Financial Official Tells House Committee Crypto Did Not Crash Signature Bank appeared first on BeInCrypto.
2023-4-20 22:49 | |
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A decentralized bank that will cater to cryptocurrency transactions will be the new addition to the growing list of lenders making a presence in the metaverse. Meta Bank Defi announced Monday that it is developing a new platform to capitalize on the unique benefits of decentralized finance and to facilitate the development of simple and […]
2022-3-21 14:32 | |
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The Reserve Bank of New Zealand is set to conduct public consultations with regard to CBDCs, stablecoins, and other emerging mediums of payment. NZ Catches the CBDC Fever According to an official statement issued on July 7, the Assistant Governor of The Reserve Bank of New Zealand, Christian Hawkesby detailed as to how New ZealandRead More
2021-7-8 10:00 | |
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The Reserve Bank of India will not even bother to study the possibility of testing the impact of crypto and similar virtual tokens on the development of a new regulatory framework for fintechs. In a.
2019-4-20 05:53 | |
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Japanese digital services firm GMO Internet has just launched a new web bank that it says will soon use blockchain to facilitate payments. The new entity – dubbed GMO Aozora Net Bank – aims to provide new financial services through the integration of fintech and IT, and will leverage advanced security certificates, blockchain, artificial intelligence and internet
2018-7-17 20:16 | |
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David Solomon who is largely expected to be the next CEO for Goldman Sachs is expected to maintain the bank’s strengths while exploring the new class of digital assets. Mr. Solomon will succeed Lloyd Blankfein as the next CEO of the investment bank.
2018-7-17 20:07 | |
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Goldman Sachs’ former Chairman and Chief Executive Officer (CEO) Lloyd C. Blankfein officially retired from both positions. His successor, David M. Solomon, is known for being keen on both Bitcoin and the cryptocurrency market in general.
2018-7-17 20:00 | |
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The first crypto-exchange fully owned by a bank has just opened new registrations to the public. The SBI Virtual Currencies exchange – simply known as VCTRADE – now accepts new applications or registrations from users that were not part of the pre-registration group from back in October.
2018-7-17 15:40 | |
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Japanese digital services firm GMO Internet has just launched a new web bank that it says will soon use blockchain to facilitate payments.
2018-7-17 15:30 | |
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The Financial Stability Board (FSB), an organization charged with making financial regulatory recommendations to the G20, has released a framework containing metrics that could eventually become binding on crypto assets.
2018-7-17 22:39 | |
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An ongoing dispute between banks and cryptocurrency exchanges took a new turn. An appeals court has ruled in favor of one crypto exchange against one of the largest banks in the country. Five major banks have also separately responded to lawsuits against them in court.
2018-7-16 09:00 | |
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HEdpAY was created to be the first and most authoritative financial structure to allow users to transfer in a fast manner and safe your own Fiat currency in cryptocurrency and, at the same time, offer transparency with the following services: current account, debit card, Exchange, POS.
2018-7-14 14:36 | |
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One of Australia’s oldest financial institutions, Bank of Queensland, has prohibited the use of home equity loans for virtual currency speculation. Also Read: Tether Announces Appointment of New Chief Compliance Officer Bank of Queensland Cracks Down on Customers Using Mortgage Funds to Trade Crypto Bank of Queensland has banned its customers from using loans that are
2018-7-14 11:26 | |
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The head of the Bank of International Settlements briefly became the butt of crypto Twitter trolling last week after issuing new comments on the tech.
2018-7-14 11:10 | |
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Malta-based fintech startup, Founders Bank, announced today that leading online cryptocurrency exchange, Binance, will be one of the first major investors in the company’s revolutionary new banking project.
2018-7-14 10:27 | |
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One of Australia’s oldest financial institutions, Bank of Queensland, has prohibited the use of home equity loans for virtual currency speculation. The move has been attributed to concerns pertaining to the growing regulatory oversight of the cryptocurrency sector in Australia.
2018-7-14 09:55 | |
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In a new protest turned publicity stunt, a Bitcoin “bat signal” was shown at the central bank of Slovakia. Many banks in the country have briefly hosted the logo on their exteriors as part of a protest by a local action group.
2018-7-14 09:47 | |
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Tether (USDT), cryptocurrency’s most popular stablecoin and the 9th-ranked cryptocurrency by market cap, announced today that they will be hiring former AML Quality Control Manager at Bank of Montreal, Leonardo Real, as the company’s new Chief Compliance Officer.
2018-7-14 09:27 | |
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Tether has announced the appointed of Leonardo Real, a former anti-money laundering (AML) quality control manager at Bank of Montreal, as the company’s new chief compliance officer (CSO). The announcement comes just one week after Phil Potter, one of Tether’s directors, announced that he will be leaving sister company, Bitfinex.
2018-7-14 01:30 | |
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Binance, the world’s largest cryptocurrency exchange by volume, is set to launch a regulated bank that will be owned by crypto investors. According to a statement released on July 12, 2018, the new bank will be named ‘Founders Bank’, and Binance has said that its stake in the venture is five percent.
2018-7-14 01:00 | |
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Various banks and financial institutions around the world have a negative view of cryptocurrencies. Although some banks have revised their outlooks, it appears the Bank of Finland is not among them.
2018-7-13 18:00 | |
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Bitcoin payment startup Abra has announced the addition of Visa and Mastercard payment options for buying bitcoin on its platform. The new payment option is in partnership with fintech company Simplex, per the company’s blog post.
2018-7-13 00:38 | |
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Following the landmark regulation of Malta’s virtual currency space, Binance, the world’s second largest crypto exchange look set to lead a surge of investors into the region. According to a Bloomberg report, Binance is laying the groundwork for “Founders Bank,” a new bank where owners will be cryptocurrency investors.
2018-7-13 00:06 | |
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Litecoin founder, Charlie Lee, has disclosed that its foundation which oversees all affairs related to the cryptocoin was having trouble getting a bank account, resulting in the firm buying a stake in a Germany-based WEG Bank.
2018-7-13 23:40 | |
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Malta-based fintech startup, Founders Bank, announced today that leading online cryptocurrency exchange, Binance, will be one of the first major investors in the company’s revolutionary new banking project.
2018-7-12 22:18 | |
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Tether (USDT), cryptocurrency’s most popular stablecoin and the 9th-ranked cryptocurrency by market cap, announced today that they will be hiring former AML Quality Control Manager at Bank of Montreal, Leonardo Real, as the company’s new Chief Compliance Officer.
2018-7-12 20:54 | |
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The seventh Russian commercial bank by total asset value took part in an international test of a new service based on Corda blockchain platform.
2018-7-13 17:22 | |
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As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name.
2018-7-13 17:16 | |
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The saga surrounding the Reserve Bank of India’s (RBI) cryptocurrency ban continues to take the crypto-sphere by storm. One minute the ban seems well embedded and the whole industry is grinding to a halt and the next, India are set to reverse all mention of the RBI’s decision.
2018-7-11 16:00 | |
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Benson Oak, an investment bank from the Czech Republic, has created a new Israel-dedicated fund. The firm said, on Sunday, July 8, that it had secured $25 million out of the $100 million total investment.
2018-7-11 15:54 | |
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The Litecoin Foundation has now acquired a 9.9% stake in Germany’s WEG Bank AG, as a result of a new strategic partnership with crypto-fiat payments firm TokenPay
2018-7-11 15:15 | |
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Litecoin Foundation, the non-profit behind the popular cryptocurrency, says it now owns part of a German bank thanks to a new deal with TokenPay.
2018-7-11 12:01 | |
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Even though some ‘experts’ feel that Bitcoin and the like have no value, these virtual currencies continue to be used as payment methods. In this case, Bitcoin was recently used to purchase a stunning home in the state of Delaware.
2018-7-11 11:00 | |
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In May 2018, TokenPay Swiss AG joined with WEG Bank in Germany. The former attained a 9. 9 percent stake in the bank, along with the option to purchase as much as 90 percent, pending regulatory approval.
2018-7-11 01:20 | |
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Benson Oak, a Prague-based investment bank, has announced it is raising $100 million to launch an investment fund dedicated to the Israeli market with a focus on blockchain startups. According to a report from Israeli media outlet Calcalistech on Sunday, the new investment arm, called Benson Oak Ventures, has already secured $25 million and aims
2018-7-10 11:51 | |
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The Romanian Ministry of Finance has published a draft “Emergency Ordianance” regulating the issuing of electronic money, Business Review reports. The new bill requires issuers of over EUR 350,000 of social capital in the form of electronic money to be cleared by Romania’s central bank.
2018-7-9 18:49 | |
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While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. In addition, the Bank of Korea has released a report with its view on using crypto as a means of payment.
2018-7-9 11:26 | |
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While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. In addition, the Bank of Korea has released a report with its view on using crypto as a means of payment.
2018-7-9 09:46 | |
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South Korea has been busy revising its cryptocurrency regulations. The regulators plan to ease the rules on crypto assets in line with G20 policies. While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks.
2018-7-9 08:15 | |
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The Berlin-based Banking-as-a-Platform (BaaP) institution Solarisbank has recently announced the launch of their new banking service plan that’s focused on clients from the blockchain and digital currency industry.
2018-7-9 06:15 | |
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The central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP), has accredited two new cryptocurrency exchanges, according to a report this Friday, citing a senior official's statement.
2018-7-8 15:22 | |
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On July 6th, the Philippine central bank, Bangko Sentral ng Pilipinas (BSP), has approved applications filed by two new cryptocurrency exchanges. Chuchi G. Fonacier, the deputy governor of the Bangko Sentral ng Pilipinas (BSP), reportedly said that the bank has approved the applications of ETranss and Virtual Currency Philippines, Inc., accrediting them as new platforms. […]
2018-7-7 20:17 | |
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Coinome hailed as India’s ‘safest exchange’, announced recently that they will be launching new trading pairs for XRP. This comes after the Reserve Bank of India asked financial institutions to not conduct transactions with cryptocurrency exchanges.
2018-7-7 04:07 | |
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The central bank of the Philippines has approved applications from two new digital currency exchanges, which allows the conversion of Philippine pesos into virtual currencies
2018-7-7 01:49 | |
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SIX, the firm that operates and owns the Swiss stock exchange, has announced plans to launch a fully regulated digital cryptocurrency exchange. The firm says it plans to launch "the first market infrastructure in the world” which will “offer a fully integrated end-to-end trading" while providing a safe environment where digital assets can be issued and existing securities and non-bankable assets can be tokenized.
2018-7-7 23:11 | |
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The central bank of the Philippines has reportedly approved two new cryptocurrency exchanges, bringing the total number of accredited crypto exchanges in the country to five. Meanwhile, crypto transactions have been growing in the country.
2018-7-6 20:50 | |
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On July 5, it was confirmed that Square Inc. had withdrawn its application to open a new depository bank, but said it will refile later this year with the Federal Deposit Insurance Corp. However, its application with the Utah Department of Financial Institutions remains active.
2018-7-6 13:00 | |
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With the Reserve Bank of India’s (RBI) new ruling coming to force yesterday, India have featured in numerous news headlines and will no doubt continue to do so through the week. As a recap, yesterday the RBI’s new rulings came to power which essentially mean cryptocurrency trading across exchanges, with FIAT currency will no longer be allowed.
2018-7-6 11:30 | |
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The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.
U.K. Prime Minister Keir Starmer appointed Tulip Siddiq as the City Minister, a role that oversees financial services including crypto.
Taiwan's crypto advocacy body, the Taiwan Virtual Asset Service Provider Association, has been formally established and the founding meeting held with 24 cryptocurrency-related entities.
The exchange could return as a FIU-registered firm after paying the fine, the report added.
This is the third test for the Province's new tool to combat money laundering.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.