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Citigroup Explores Crypto Custody Partnerships, Re-evaluates Metaco Collaboration
Citigroup, a prominent banking institution, is reviewing its partnership with Metaco. This evaluation comes following the recent announcement by Ripple Labs regarding its acquisition of Metaco, a cryptocurrency custody firm, for $250 million. дальше »
2023-6-30 21:00 | |
Citigroup Reviews Partnership With Metaco, in Talks With Other Crypto Custodians: Bloomberg
Banking giant Citigroup (C) is reviewing its partnership with crypto custody firm Metaco one month after Ripple Labs announced that it agreed to acquire Metaco for $250 million. дальше »
2023-7-1 15:22 | |
Bank of Italy advocates new regulations following crypto winter fallout
Italy's leading banking authority has emphasized the need for a strong and risk-based regulatory framework surrounding stablecoins. дальше »
2023-6-30 19:37 | |
Binance’s European Banking Partner, Paysafe, To Withdraw Support On September 25
In a notable development that underscores the mounting regulatory pressures faced by cryptocurrency exchange Binance, Paysafe Payment Solutions, its European banking partner, has chosen to sever ties and withdraw its support. дальше »
2023-6-30 18:50 | |
Binance Loses Another Banking Partner Amid Global Regulatory Storm
Binance, the industrys biggest cryptocurrency exchange, is set to lose the support of its current euro banking partner, Paysafe Payment Solutions. The exchange has notified its users via email that... дальше »
2023-6-29 18:29 | |
Binance loses euro banking Paysafe amid global regulatory scrutiny
Paysafe Payment Solutions, Binance’s European banking partner, said it would terminate support for Binance as it deals with regulatory challenges globally. Binance is reportedly searching for a new provider for euro deposits and withdrawals via the Single Euro Payments Area… дальше »
2023-6-29 14:45 | |
Binance loses key European banking partner amidst regulatory woes
The top trading platform Binance continues to encounter global regulatory challenges. The Securities & Exchange Commission sued the exchange for violating investment laws early in June. You can read more about the firm’s recent developments here. дальше »
2023-6-29 12:50 | |
Crypto debanking could drive industry underground: Australian Treasury
The Australian government is addressing the risks of cutting banking services to crypto exchanges amid a flurry of banks restricting certain services over scams. дальше »
2023-6-30 12:08 | |
Binance’s EUR banking partner announces plan to halts support
Paysafe is Binance’s current EUR banking partner. Paysafe will not provide services to Binance users from 25th September 2023. The announcement comes, weeks after Binance. US announced its banking partners had warned to discontinue their services. дальше »
2023-6-29 11:02 | |
Central bankers warn of further rate hikes at ECB Forum
U. S. Federal Reserve chair Jerome Powell along with top central bankers, said further policy rate hikes are on the horizon due to the sustained strength of the labor market in the country. Powell made the statement on June 28 during the ECB Forum on Central Banking in Portugal. дальше »
2023-6-29 20:00 | |
Australia Acts on De-Banking of Crypto Entities, Supports Policy Recommendations to Tackle Issue
Australia's Treasury said on Wednesday it recognises the seriousness of de-banking and that it understands inaction could drive business underground after instances of banking partners cutting-off crypto platforms in the nation. дальше »
2023-6-28 13:42 | |
HSBC to offer Bitcoin and Ethereum ETFs in Hong Kong
HSBC will offer access to three ETFs listed on the Hong Kong Stock Exchange, including CSOP Bitcoin Futures ETF and CSOP Ethereum Futures ETF. The banking behemoth also launched a new service dubbed Virtual Asset Investor Education Center that offers educational and risk disclosure materials for customers. дальше »
2023-6-26 18:32 | |
Crypto bound to fail? According to this banking executive...
Fabio Panetta foresaw a bleak future for cryptocurrencies. He admitted that the blockchain trilemma of crypto was "not achievable." Fabio Panetta, a member of the Executive Board of the EuroThe post Crypto bound to fail? According to this banking executive... appeared first on AMBCrypto. дальше »
2023-6-24 12:00 | |
JPMorgan Enables Euro Blockchain Payments With JPM Coin – Report
American investment bank JPMorgan Chase & Co has enabled Euro-denominated payments via the JPM Coin, the native currency for their blockchain. Thus expanding the use of one of the projects known to promote the application of blockchain technology in traditional banking. дальше »
2023-6-24 00:00 | |
Binance.US resolves USD withdrawal issues but warns it may not last
Binance’s subsidiary in the US, Binance. US, has informed customers that its problems with USD withdrawals have been resolved. According to the exchange, the problems were resolved after working with its banking partners. дальше »
2023-6-23 09:41 | |
Binance.US resolves delayed USD withdrawals; expects banking partners to halt option again
Binance. US said in an email sent to customers on June 22 that it resolved nearly all delayed U. S. dollar withdrawals. Warning of further limitations Binance. US said it worked with its banking partners to re-enable USD withdrawals but also suggested the option will soon be removed again. дальше »
2023-6-23 01:57 | |
The Catawba Nation Is Seeking Seasoned Banking Regulators To Help Grow Their Bitcoin-Friendly Jurisdiction
With state-level jurisdictional sovereignty, the Catawba Digital Economic Zone seeks to create an environment conducive to the growth of the digital asset industry. дальше »
2023-6-23 19:27 | |
Crypto-friendly Xapo Bank expands to India
Xapo, a crypto-friendly bank that integrates traditional private banking with crypto, is reportedly expanding its services to India. Headquartered in Gibraltar, Xapo Private Bank offers access to Bitcoin and US Dollar transactions via its app Xapo Bank. дальше »
2023-6-22 16:57 | |
Binance launches regulated crypto platform in Kazakhstan
Binance Kazakhstan was officially announced on June 20, 2023 with government and banking industry representatives present. The platform will allow users to buy and sell crypto with fiat, access spot trading, and conversions. дальше »
2023-6-22 23:35 | |
Deutsche Bank Seeks Digital Asset License in Germany, Expanding Crypto Ventures in Traditional Finance
Deutsche Bank Makes Regulatory Move to Operate as Crypto Custodian in Germany, Following Recent Growth in Digital Asset Ventures Deutsche Bank AG, a prominent banking giant, has submitted an application for regulatory approval to establish itself as a crypto custodian within Germany, according to the bank’s announcement on Tuesday. дальше »
2023-6-22 14:56 | |
Deutsche Bank Applies For Digital Asset License For Cryptocurrencies
Deutsche Bank AG has recently announced it is now looking to offer custody services for cryptocurrencies. While the price of crypto assets remains volatile, major institutions banking institutions are starting to take notice. дальше »
2023-6-21 23:00 | |
Deutsche Bank Applies for Digital Asset License in Germany as TradFi Pushes Further Into Crypto
Banking giant Deutsche Bank AG has applied for regulatory permission to operate as a crypto custodian in Germany, the bank said Tuesday. дальше »
2023-6-21 20:41 | |
Deutsche Bank Becomes Latest Banking Giant to Attempt Crypto Takeover
Deutsche Bank has applied to BaFin for a digital asset custody license as traditional finance firms explore asset tokenization to enter the crypto industry. Tokenization allows banks to manage illiquid assets on the blockchain without a broker. дальше »
2023-6-21 19:15 | |
UK Upper Parliament Approves New Crypto Regulation Bill
The upper house of the UK Parliament recently approved a bill establishing the first comprehensive crypto-asset regulation in the country. The bill, which was first introduced last year, proposed the regulation of cryptocurrencies and amendments to the UK Banking Act 2009 which outlines the authority of the central bank to oversee payment networks. The UK’s […] дальше »
2023-6-20 18:00 | |
Deutsche Bank applies for digital asset custody license in Germany
Investment bank Deutsche Bank AG has applied to provide cryptocurrency custody services in Germany, per a June 20 Bloomberg report. Deutsche Bank’s head of commercial banking unit, David Lynne, reportedly confirmed the bank’s application during a conference on Tuesday, saying: “We’re building out our digital assets and custody business. дальше »
2023-6-20 17:34 | |
Binance withdraws registration in UK amid global crackdown
Binance limits its services in unfavorable jurisdictions as regulatory authorities worldwide tighten their scrutiny. Binance UK is canceling its registration with banking regulators. On June 7, Binance UK requested to cancel its registration from the Financial Conduct Authority (FCA). The… дальше »
2023-6-20 16:23 | |
HSBC plans to launch seamless banking services in the metaverse
Renowned companies continue to explore opportunities in the crypto market despite ongoing regulatory challenges. The latest developments show HSBC filed trademark applications to join the metaverse and non-fungible token (NFT) sectors HSBC files new metaverse and NFT patents Property attorney Mike Kondoudis tweeted that HSBC filed two trademark applications with the US Patents & Trademark […] The post HSBC plans to launch seamless banking services in the metaverse appeared first on Invezz. дальше »
2023-6-21 13:39 | |
Survey: banks’ users share crypto investment goals and fears
Banking system users share their experience and expectations around crypto investments in a survey taken by Choise.com among its one million users. According to the Hackernoon report, roughly 26% of banking users are ready to invest $100 per month into… дальше »
2023-6-20 13:04 | |
U.S. Banking Watchdog Makes Case for Tokenization, Just Not on Public Blockchains
Self-styled crypto skeptic Michael Hsu, the acting head of the U.S. Office of the Comptroller of the Currency (OCC), said tokenization of assets is a serious advance into the future of finance, but decentralized blockchains may be too problematic to handle that movement. дальше »
2023-6-17 18:54 | |
Tether’s Banking Relationships, Commercial Paper Exposure Detailed in Newly Released Legal Documents
Tether's banking relationships were detailed in a rare but limited window into the reserves behind USDT, the crypto market’s largest stablecoin, in documents obtained by CoinDesk under a Freedom of Information Law request. дальше »
2023-6-17 18:11 | |
Bitcoin Challenges Gold’s Dominance: Will The Crypto Asset Reign Supreme?
Bitcoin (BTC), the top cryptocurrency, has emerged as a force to be reckoned with in the financial world. Since the US banking crisis, the cryptocurrency has proven its mettle by recording superior growth compared to the traditional haven asset, gold. дальше »
2023-6-16 13:45 | |
OKCoin Accused by FDIC of Making False Claims About Customer Protections
OKCoin must scrub misleading statements that suggest its customers’ accounts are protected by the U.S. Federal Deposit Insurance Corp. (FDIC), the U.S. banking regulator ordered late Thursday, complaining the company is making false claims. дальше »
2023-6-16 05:58 | |