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US Regulator Green-Lights Banks for Cryptocurrency Custody Services
The Office of the Comptroller of the Currency (OCC) has clarified that national banks and federal savings associations can provide cryptocurrency custody services for customers. The OCC sees banks providing crypto custody services as “a modern form of traditional bank activities related to custody services. дальше »
2020-7-24 17:30 | |
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US Banks Can Now Provide Custody Services For Crypto Assets – Here’s Why Bitcoin Hodlers Are Worried
It has been a long time coming, but US banks will finally be allowed to offer custodial services to clients. The Office of the Comptroller of the Currency has just announced that any American bank can hold digits assets for its customers. дальше »
2020-7-23 00:48 | |
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TD Ameritrade Backed ErisX, Joins Silvergate Exchange Network for Seamless Fiat-to-Crypto
ErisX, the TD Ameritrade backed crypto exchange, has tapped into the Silvergate Bank Bitcoin-friendly services. This Chicago based exchange whose niche is institutional investors will now offer its clients more options when it comes to crypto account management. дальше »
2020-7-23 23:38 | |
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US Regulator, OCC, Authorizes National Banks and Federal Saving Institutions as Crypto Custodians
U.S. regulator, the Office of the Comptroller of Currency (OCC), allows federal banks and national savings institutions to officially custody cryptocurrencies for their customers. The statement released on July 22, confirms that any national bank or savings facility can now hold on to unique cryptographic keys of cryptocurrencies in their vaults pertaining to custody services. […] дальше »
2020-7-22 21:40 | |
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European Digital Bank Revolut Expands Bitcoin Trading Services to 49 US States
British digital bank Revolut said Wednesday that it will start offering its cryptocurrency trading services in the U. S. Users in 49 U. S. states, excluding Tennesee, can now buy and sell bitcoin (BTC) and ethereum (ETH) through the Revolut app, it said. дальше »
2020-7-16 03:15 | |
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Standard Chartered инвестировал в криптокастодиана Metaco в раунде на $17 млн
Ориентированный на институциональных инвесторов кастодиан криптовалют Metaco привлек $17 млн в раунде финансирования Cерии А с участием Standard Chartered Bank и Swiss Post. METACO Secures $17M in Series A Investment from Global Financial Services Leaders — @GieseckeNews , @standarduk ,@sicpa ,@zkb_ch ,@investiere ,@Avaloq, and more. дальше »
2020-7-16 14:58 | |
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Central Bank Of Sri Lanka Launches A Proof Of Concept (PoC) Blockchain Solution for Sharing KYC
The Central Bank of Sri Lanka (CBSL) launches its KYC proof-of-concept (POC) blockchain aiming to improve shared Know-Your-Customer (KYC) services across financial institutions. According to the release, the CBSL aims at financial inclusion across Asian countries and a global scale through digital payment systems. дальше »
2020-7-9 19:08 | |
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Kraken Exchange Onboards Swiss Bank InCore to Help Euro Clients Buy Crypto With Fiat
Swiss Bank InCore has just become the first banking institution in the nation to provide banking services to Kraken crypto exchange. The deal, which was made public on Friday, will allow Kraken clients to finance their trading accounts using four different currencies – British pound, Swiss franc, Canadian Dollar, as well as the euro. InCore […] дальше »
2020-7-4 21:06 | |
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Brazil Central Bank pulls the plug on Whatsapp’s mobile payments Service
The Central Bank in Brazil has suspended the WhatApp payment service by Facebook a week after its launch. According to reports, the Central Bank has ordered Visa and Mastercard to stop payments and transfer services through WhatsApp immediately. дальше »
2020-6-25 17:11 | |
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Binance Adds Bank Transfers via Single Euro Payments Area (SEPA) for EUR and Faster Payments (FPS) for GBP
Coinspeaker Binance Adds Bank Transfers via Single Euro Payments Area (SEPA) for EUR and Faster Payments (FPS) for GBPIn order to process transactions, Binance has partnered with Clear Junction, a British provider of payment infrastructure services. дальше »
2020-6-22 14:34 | |
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With Rising Interest in Plan B Services, River Financial Raises $5.7 Million
Bitcoin-only financial services company River Financial has seen significant growth this year, attributed to unprecedented central bank stimulus. The post With Rising Interest in Plan B Services, River Financial Raises $5.7 Million appeared first on Bitcoin Magazine. дальше »
2020-6-18 18:24 | |
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2 Swiss Banks Launch Cryptocurrency Trading and Custody After Gaining Regulatory Approval
Switzerland’s financial regulator, FINMA, has approved two Zurich-based banks to offer a range of cryptocurrency services, including trading and custody. Maerki Baumann Bank subsequently announced the launch of its trading platform for major cryptocurrencies while Incore Bank is offering a range of crypto services. дальше »
2020-6-3 10:02 | |
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Switzerland: FINMA Approves InCore Bank to Carry Out Cryptocurrency Transactions
Swiss financial watchdog, the Swiss Financial Market Supervisory Authority (FINMA) has given the go-ahead to InCore bank to engage in digital asset transactions, the bank announced recently. FINMA Approves InCore Bank for Cryptocurrency Transactions Swiss regulators continue to make crypto-banking services easily-accessible for customers as according to a recent development, the FINMA has given theRead MoreRead More. дальше »
2020-5-31 15:00 | |
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Indian Banks Still Cryptophobic Despite No Banking Prohibition
Here are the legal resources available to Indian crypto users and businesses if a bank has declined services out of cryptophobia.
дальше »2020-5-31 13:14 | |
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Crypto Community Disagrees With Goldman Sachs’s Claim That Bitcoin Isn’t An Asset Class
A greater number of the crypto community members expressed their disagreement with the recent statement made by the American multinational investment bank and financial services company, Goldman Sachs Group. дальше »
2020-5-28 19:48 | |
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India’s Central Bank Denies Prohibiting Financial Institutions from Servicing Cryptocurrency Exchanges
Indian commercial banks refusing services to local cryptocurrency exchanges may soon have a case to answer following a recent clarification offered by its central bank. Tweeting on Sunday, Indian crypto insider Crypto Kanoon (@cryptokanoon) published a document released by the Reserve Bank of India (RBI) stating that no prohibitions against banks servicing crypto-businesses exist. дальше »
2020-5-27 07:15 | |
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India’s RBI claims no restrictions were imposed on banks for working with crypto businesses
The RBI’s response follows several complaints that some banks were refusing to offer banking services to crypto exchanges and related businesses The Reserve Bank of India (RBI) has clarified that it doesn’t prohibit banks and other financial services providers in the country from dealing with, or providing, bank account services to cryptocurrency exchanges. дальше »
2020-5-27 19:59 | |
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RBI Confirms No Ban on Cryptocurrency Exchanges, Businesses or Traders in India
India’s central bank, the Reserve Bank of India (RBI), has confirmed that there is no longer any banking ban on crypto exchanges, companies, or traders. This follows the supreme court decision to quash the RBI circular prohibiting banks from providing services to any customers dealing in cryptocurrencies. дальше »
2020-5-27 13:15 | |
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Tech Consortium Behind Zilliqa Partners German Bank’s Fintech Arm to Explore Blockchain Solutions
According to a press release issued on May 15, 2020, Singapore-based group of technology companies Anquan Capital Pvt. Ltd. – responsible for the launch of the high-throughput network Zilliqa (ZIL) – has joined forces with the fintech arm of German bank WEG Bank AG to explore blockchain applications for banking and financial services. дальше »
2020-5-19 14:00 | |
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JP Morgan Adds Coinbase, Gemini Crypto Exchanges To Its Customer Network; No Crypto, Fiat Only
JP Morgan adds Coinbase and Gemini as customers One of Wall Street’s largest banking facilities, JP Morgan, is finally accepting crypto customers according to a post by WSJ. The bank is set to provide cash management services to U. дальше »
2020-5-13 15:59 | |
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JPMorgan Finally Joins the Bitcoin (BTC) Bandwagon
JPMorgan, America’s largest bank with a staggering $2. 6 million in assets, has inked a deal with leading Bitcoin (BTC) trading venues, Coinbase and Gemini exchange. JPMorgan will now offer the two exchanges banking services including deposit, withdrawal and transfers with Automated Clearing House (ACH) infrastructure, according to a Forbes report on May 12, 2020. дальше »
2020-5-13 13:07 | |
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Coinbase and Gemini Establish Banking Relationship with JPMorgan
JPMorgan has begun offering banking services to Coinbase and Gemini, the first time the Bitcoin-skeptical bank has provided its services to the crypto industry. However, the Wall Street Journal reported... The post Coinbase and Gemini Establish Banking Relationship with JPMorgan appeared first on Crypto Briefing. дальше »
2020-5-13 07:20 | |
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Here’s why JPMorgan banking for crypto exchanges is a big deal for Bitcoin
News broke today that banking giant JPMorgan would be extending banking services to two of the world’s most prominent crypto exchanges. This is significant news considering that the bank’s CEO previously called Bitcoin a “fraud. дальше »
2020-5-13 20:00 | |
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European Central Bank: Stablecoins Need a Robust Regulatory Framework to Address Gaps and Risks
The European Central Bank looks at stablecoins as key instruments that can help consumers meet demand in the payments services, but wants regulators to be proactive in addressing regulatory gaps that can pose risks. дальше »
2020-5-7 12:33 | |
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Ripple’s XRP Token Gets Custody, Trading, Credit Support From Sygnum Bank
In an announcement dated April 30, 2020, the world’s first digital asset bank, Sygnum, stated that it had launched Ripple’s XRP protocol digital token on its platform. Sygnum Bank Introduces Support for XRP Switzerland-based Sygnum Bank AG has announced the availability of the XRP token for custody, trading, and credit services on its banking platform. дальше »
2020-5-1 13:30 | |
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Digital Asset Infrastructure Firm Taurus Raises $11M From Arab Bank Switzerland, Tezos
Taurus Group has secured more than €10 million in an Arab Bank Switzerland-led Series A funding round in a resoundingly successful bid to expand. Back in September 2019, the digital assets firm and Arab Bank Switzerland closed a partnership to offer the bank’s customers Bitcoin (BTC) and Ether (ETH) brokerage and custody services. It has […] дальше »
2020-4-30 23:24 | |
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Ripple Partnership Discussed By Bank of America Exec
In an interview discussing emerging digital payment technology a lead executive at Bank of America praised Ripple as a partner. She noted Ripple’s passage of the bank’s compliance processes, and praised its ability to deliver quality services. дальше »
2020-4-9 16:00 | |
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COVID-19 Pandemic Could Speed Up Central Bank Crypto Adoption
The COVID-19 pandemic will bring the end of cash and speed up the adoption of digital banking services, including central bank crypto, according to Edwin Bautista, CEO of UnionBank. Going Digital Is the Right Approach Amid Pandemic In an interview with Euromoney, the head of UnionBank, the Philippines’ ninth-largest bank, said that this might be the beginning of the end of hard cash, at least for the Philippines, a country whose lockdown measures are challenging […] дальше »
2020-4-5 15:00 | |
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Major South Korean Bank Prepares to Launch Crypto Services as Government Green-Lights Regulation
Following the approval of a regulatory framework for cryptocurrencies by the South Korean government, one of the largest banks in the country is preparing to launch a range of crypto services. KB Kookmin Bank has applied for trademark registration, reportedly listing over 20 crypto services on its application. дальше »
2020-3-28 11:30 | |
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Jack Dorsey’s Square Bank Will Open 2021
Bitcoin advocate and Twitter CEO Jack Dorsey just had his application to launch Square Financial Services Inc. approved by the FDIC. This means that the U. S. financial services and mobile payment company whose cash app allows for payments in bitcoin will soon be able to issue loans to commercial merchants. дальше »
2020-3-19 15:30 | |
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India lifts ban on Bitcoin
India's supreme court lifted the two-year cryptocurrency ban last week, quashing an April 2018 order by the country's central bank that prohibited financial institutions from providing services "in relation to virtual currencies." дальше »
2020-3-10 20:00 | |
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Reserve Bank of India Plans to File Review Petition against Supreme Court’s Crypto Ruling
Coinspeaker Reserve Bank of India Plans to File Review Petition against Supreme Court’s Crypto RulingThe Reserve Bank of India is unhappy with the Supreme Court's ruling in favor of crypto services and is looking to file for a review petition. дальше »
2020-3-7 16:56 | |
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Binance Integrates with a Bank for the First Time Ever
Binance has announced it is integrating with a Turkish bank, which will allow for easy deposits and withdrawals of Turkish Lira (TRY) on the exchange. Binance has, for the first time, collaborated with a bank that will be merging its services with the exchange. дальше »
2020-3-2 12:20 | |
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Here’s How Ripple Will Power Remittances to the Philippines
The Dubai-based RAKBANK and BDO Unibank (a full-service universal bank in the Philippines) will be using Ripple’s payments ecosystem, to expedite remittances to the Philippines. RAKBANK Expands Remittance Services Through Ripple, BDO Partnership RAKBANK joined BDO, a full-service bank in the Philippines, to extend its activity in the region. дальше »
2020-2-29 12:45 | |
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RippleNet Power User SBI Remit Partners With Japan’s Fukushima Bank To Boost Remittances
SBI Remit a money transfer service that’s powered by Ripple has announced a partnership with Japan-based Fukushima Bank. The bank will now be in charge of SBI’s international remittance services. SBI’s commitment to prioritizing the adoption of new technologies is evident as they have already adopted Ripple’s distributed ledgers. This according to them will make […] дальше »
2020-2-28 17:14 | |
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Caitlin Long, Attracting More Wall Street Money to Crypto with Avanti Bank
Caitlin Long, a Wall Street veteran, is joining forces with blockchain firm, Blockstream to launch Avanti Bank, a crypto-focused financial institution that will offer regulated services to institutions working with digital assets, according to a tweet on February 24, 2020. дальше »
2020-2-26 20:00 | |
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Japan’s Finance Ministry, Financial Services Agency, and BoJ To Research A CBDC Launch
Japan is the latest country to show interest in developing a central bank digital currency (CBDC) as the central bank, finance ministry and financial authorities meet to discuss digital currencies. As one of the top countries in crypto and blockchain development and regulation, accelerated efforts are being placed to develop an official digital coin to […] дальше »
2020-2-25 19:04 | |
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In Response to Bitcoin, Central Bank of Brazil Presents Instant Payment System Pix
Banco Central do Brasil has started testing a new payment network with the promise to offer Brazilians near instant transactions and many new services. Portrayed as a response to Bitcoin, the Pix system will be mandatory for major financial institutions to ensure wide coverage. дальше »
2020-2-21 04:45 | |
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Russia to prohibit cryptocurrency payments
The Russian security services and the Central Bank of Russia reached a consensus on the regulation of virtual money. They propose to prohibit paying with cryptocurrencies in Russia, and allow exchange operations only through operators with special license. дальше »
2020-3-1 10:00 | |
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Former Apple Card & Pay Lead Joins Santander To Head Global Digital Payments
An Apple payments products executive, Trish Burgess, has joined the Spain-based bank Santander’s peer-to-peer (P2P) global payments team. As an announcement from Thursday says, Santander is looking to expand it digital payments services in order to make them global. дальше »
2020-2-13 20:38 | |
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Crypto-Friendly Digital Bank Leaves UK Over Brexit
The digital bank N26 has stopped its operations in the United Kingdom for the time being over legal concerns regarding Brexit. N26 is among the largest digital banks, but UK customers will soon find that its services have been terminated. дальше »
2020-2-12 19:10 | |
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Over 40 German bank express interest in crypto custody
Germany's Federal Financial Supervisory Authority [BaFin] reportedly received over 40 expressions of interest from banks for the issuance of a cryptocurrency custody services license. The report stateThe post Over 40 German bank express interest in crypto custody appeared first on AMBCrypto. дальше »
2020-2-10 22:00 | |
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