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New York Banks Get Approval to List and Custody Binance USD Stablecoin

New York banks can now list and custody Binance Stablecoin, Binance USD, (BUSD) after the recent approval by the New York Financial Department of Financial Services, NYDFS. The NYDFS updated its greenlight list to include Binance USD meaning that banks can go ahead and use the asset without requiring any further approval from the regulatory […] дальше »

2020-8-9 13:48


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Avanti Bank Charter & ‘Stablecoin Disruptor’ Fast-Tracked Following OCC Decision

The Wyoming Division of Banking regulators has accelerated the banking application charter for crypto influencer Caitlin Long’s Avanti project. The decision to fast-track Avanti Bank came in the wake of the Office of the Comptroller of the Currency (OCC)’s recent decision to allow banks to provide cryptocurrency custodial services. дальше »

2020-7-24 00:06


Facebook’s Libra Stablecoin Put Central Banks On Notice, Causing Bankers To Look Into CBDC’s

A former Executive of the Bank of Japan (BOJ) has said that Facebook’s Libra prompted Central Banks to invest more resources in Digital Currency research sooner than expected. According to a report by Reuters on Jan 22, Hiromi Yamaoka, a former head of settlements and payments at the BOJ, noted that regulators might have done […] дальше »

2020-1-23 21:22


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Banks Stopped Walmart Bank – Now the Retail Giant Hits Back With Crypto

On August 1, it was discovered that the giant retail corporation Walmart has patented plans for a stablecoin that’s backed by U.S. dollars. If released into the wild, the USD-based cryptocurrency would be issued to select Walmart retailers and partners while the patent’s description explains the coin could be used outside of Walmart’s retail scope […] The post Banks Stopped Walmart Bank – Now the Retail Giant Hits Back With Crypto appeared first on Bitcoin News. дальше »

2019-8-3 23:00


Top-10 Philippine Bank Launches Its Own Fiat-Pegged Stablecoin Cryptocurrency

One of the largest financial institutions of the country, the Union Bank of the Philippines, has announced the launch of its own crypto today to connect rural banks via its blockchain platform. A blockchain platform and a fiat-pegged stablecoin The stablecoin dubbed PHX – which is pegged to the Philippine Peso (PHP) – is already […] The post Top-10 Philippine Bank Launches Its Own Fiat-Pegged Stablecoin Cryptocurrency appeared first on CCN Markets дальше »

2019-7-27 14:56


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NY Attorney General goes after Tether and Bitfinex for $850M cover-up

The New York State Attorney General (NYSAG) is reportedly building a case to sue cryptocurrency exchange, Bitfinex, and stablecoin, Tether. As court documents dated April 24 state, neither Bitfinex nor Tether are licensed to operate in the state of New York, and yet the Office of the Attorney General (OAG) believes New York-based investors did use the exchange to trade Tether. дальше »

2019-4-26 12:29