2021-9-13 16:44 |
Large Singaporian bank will continue to expand its digital assets business
Similar to Notcoin - Blum - Airdrops In 2024
2021-9-13 16:44 |
Large Singaporian bank will continue to expand its digital assets business
Similar to Notcoin - Blum - Airdrops In 2024
Regulators are permitting banks to tokenize financial assets such as bank deposits, U.S. Treasuries and corporate debt. But they want institutions to use permissioned networks rather than the decentralized blockchains that keep assets safe from hackers.
2024-3-14 19:49 | |
The issuance became the second major operations of the bank with the new class of assets.
2022-12-28 15:43 | |
DBS Group’s DBS Digital Exchange is “growing very rapidly” and is expected to double the number of clients on the members-only bourse as investors gradually explore cryptocurrencies and digital assets.
2021-9-13 15:59 | |
Legal assurance and consumer protection are two crucial concepts in the financial world. Unfortunately, for cryptocurrencies and digital assets, those concepts are relatively tricky to come by. While central bank digital currencies get a lot of attention lately, the Astra Protocol team is working on a solution for cryptocurrency users. The Rise Of Central BankRead More
2021-9-10 08:00 | |
The National Committee for Combating Money-Laundering and Financing of Terrorism and Illegal Organisations of United Arab Emirates (UAE) endorsed a regulatory framework for crypto assets, said the central bank.
2021-9-9 17:46 | |
Caitlin Long, founder and CEO of Avanti Bank, has responded to a recent article by the New York Times that portraits crypto as the new “shadow bank.” The article, titled “Crypto’s Rapid Move Into Banking Elicits Alarm in Washington,” claims that digital assets and decentralized finance (DeFi) are “disrupting the banking industry” and are progressing […]
2021-9-8 18:56 | |
Rama Subramaniam Gandhi, the former Deputy Governor of the Reserve Bank of India (RBI), believes it is vital to accept cryptocurrencies as assets. Gandhi, who served the central from 2014 to 2017, shared his views during an event organized by the Internet and Mobile Association of India (IAMAI) and the Blockchain & Crypto Assets Council […] The post Former RBI official says India should embrace crypto as an asset class appeared first on Invezz.
2021-9-8 18:20 | |
“Crypto is the new shadow bank,” says Senator Elizabeth Warren, who says regulators should consider banning the banks in the US from holding cash deposits backing up stablecoins to effectively end the growing market.
2021-9-6 15:24 | |
South Africa’s top banker has said that cryptocurrencies are more akin to assets than actual currencies.
2021-9-1 15:04 | |
The Cuban Central Bank (BCC) is planning to start regulating the use of cryptocurrencies in commercial transactions. The authority unveiled this news through an official gazette on August 26, saying it intends to support the use of certain virtual assets in commercial transactions for socioeconomic reasons.
2021-8-28 14:31 | |
A trio of Swiss-based crypto-friendly banks has announced plans to offer regulated tokenized assets using the Tezos blockchain. The banks are Crypto Finance, InCore Bank, and Inacta. Regulated Trio Team Up with Tezos to Create Tokenized Assets Tezos was chosen because of its unique blockchain.
2021-8-24 16:52 | |
Tezos blockchain is being tapped by three major Swiss crypto-based firms to offer tokenized assets to institutional clients. Issuing Tokenized Assets on Tezos Tezos (XTZ), a proof-of-stake (PoS) consensus algorithm smart contract platform is being used to offer tokenized assets to institutional clients by three crypto-focused companies in Switzerland.
2021-8-24 13:00 | |
Roberto Campos Neto, President of the Central Bank of Brazil (BCB), has called for constructive crypto regulations that consider investors’ need for digital assets. A report unveiled this news on August 19, citing Neto’s speech during a Council of Americas-organized event.
2021-8-21 18:09 | |
SEBA Bank, a FINMA licensed Swiss Bank providing a seamless, secure, and easy-to-use bridge between digital and traditional assets, today announced that it is expanding its products offering into DeFi with support added for Aave (AAVE) and Chainlink (LINK).
2021-8-14 19:00 | |
Circle is looking for a revolution in digital assets indstutry with goal of becoming a digital national commercial bank
2021-8-9 16:34 | |
Bank of America Merrill Lynch’s former head of exchange-traded products (ETF) will be leading the bank’s newly created digital assets initiative, including crypto strategies. Mark Donoghue was previously leading the ETP and SMA group at the firm but has been given a new role during the second quarter to serve as head of digital trading […] The post Merrill Lynch’s Former ETF Boss to be the Head of its Newly Created Crypto Assets Initiative first appeared on BitcoinExchangeGuide.
2021-8-7 17:03 | |
The second-oldest bank in the U. S. State Street Bank, with close to $4 trillion in assets under management (AUM) and over $40 trillion in assets under custody and administration, is planning to offer cryptocurrency services to its private fund clients.
2021-7-30 08:00 | |
“No signs of a slowdown” in the growth in popularity of crypto assets, says Nadine Chakar, head of State Street Digital. Meanwhile, PayPal’s crypto liquidity provider gets a $2. 4 billion valuation as high-profile names join its $300 mln funding round.
2021-7-30 20:41 | |
The Bank of Namibia (BON) is on course to complete its study into cryptocurrencies by April 2022, the central bank governor, Johannes Gawaxab recently confirmed. The governor however reiterated that cryptocurrencies are not legal tender as there is currently no provision for digital currency use in the country’s laws.
2021-7-25 21:00 | |
In line with its hardline stance on cryptocurrencies, the Central Bank of Russia (CBR) has issued a recommendation against the listing of securities tied to crypto assets on the country’s stock exchanges.
2021-7-24 18:30 | |
These clients include those looking for investment advice, ultra-rich, those using the bank’s commission-free trading app, and those whose assets are managed by the bank itself. The post JPMorgan Allowing All of its Retail Wealth Clients Access to Five Cryptocurrency Products first appeared on BitcoinExchangeGuide.
2021-7-23 19:32 | |
Goldman Sachs, a leading American investment bank, recently conducted a study and found that at least 45% of family offices are interested in pumping large sums of money into the crypto market. Per the bank’s findings, 15% of family offices have already invested some of their clients’ funds in digital assets.
2021-7-23 15:32 | |
The rapid price appreciation of Bitcoin, Ethereum, and other crypto-assets is enough evidence that many investors are willing to take more investment risks. Bank of England published a report on the country’s financial stability noting that the increased risk appetite in crypto assets has also caused their high volatility. The fact that many institutions want […]
2021-7-15 17:37 | |
One of the top South Korean banking groups – Woori Financial Group – disclosed its plans to launch a crypto custody service. Woori Financial Group Joins the Crypto Custody Business Woori Financial Group which is South Korea’s third-largest banking group by the total value of assets under management announced its foray into the digital assetRead More
2021-7-12 13:10 | |
The Bank of Thailand (BOT) has issued a warning against using digital assets as a payment method, stating it could work with the country’s Securities and Exchange Commission (SEC) if crypto payments become widespread.
2021-7-10 05:00 | |
The central bank of Thailand is currently busy with the development of a CBDC and is focused on forming policy guidelines to regulate stablecoins for more reliable digital payment channels. The post Bank of Thailand Warns Against Using Digital Assets as Payment for Goods and Services first appeared on BitcoinExchangeGuide.
2021-7-9 17:17 | |
While some countries like Argentina are looking to propose laws for the use of Bitcoin for salary payments, other countries are more critical of cryptocurrency. The Bank of Thailand (BoT) has cautioned against the use of digital assets like Bitcoin (BTC/USD) and Ethereum (ETH/USD) for the payment of goods and services.
2021-7-10 15:43 | |
Bank of America (BOA) is reportedly arranging a team that will look into the possibility of adopting digital assets. According to a report from Bloomberg, the assembled team will be researching crypto-assets and related technologies.
2021-7-10 15:06 | |
The Reserve Bank of New Zealand will look at the potential for a CBDC “to work alongside cash as government-backed money,” and assess the issues around the emergence of crypto assets such as stablecoins.
2021-7-8 06:23 | |
Switzerland-based crypto-friendly bank Sygnum Bank is gearing up to offer Ethereum 2. 0 staking services. Ethereum Staking Services are Here Sygnum, which claims to be the world’s first digital asset bank today announced it had introduced support for Ethereum 2.
2021-7-7 22:00 | |
Switzerland bank UBS said in its latest note to investors that the increased crackdown on the crypto market by China makes investing in Bitcoin and other crypto-assets “unsuitable.” UBS says stiffer regulations are coming According to the note, the latest crackdown on digital assets by the Asian country has affected the value of the coins […] The post Swiss bank UBS says Bitcoin is ‘unsuitable’ for institutional investors appeared first on CryptoSlate.
2021-7-6 19:00 | |
Switzerland’s largest bank, UBS, has advised investors to “stay clear” of cryptocurrencies and “build their portfolio around less risky assets. ” The UBS analysts warned that “Regulators have demonstrated they can and will crack down on crypto.
2021-7-6 04:00 | |
The Bank of England has begun evaluating the potential of a central bank-issued digital currency (CBDC). A report unveiled this news on July 1, citing Rishi Sunak, the Chancellor of the Exchequer of England, who shared his views on digital currencies in his Mansion House 2021 speech.
2021-7-2 22:05 | |
Banking giant Morgan Stanley is already exposed to Bitcoin through the largest digital asset managed, Grayscale Investments, which has $29 billion in assets under management (AUM). According to a June 28 filing with the US SEC, the bank’s Morgan Stanley Europe Opportunity Fund Inc.
2021-6-29 17:05 | |
Fidelity, Standard Chartered Bank, and TP ICAP are collaborating to launch a cryptocurrency trading platform. It will feature a marketplace for spot crypto trading and provide “connectivity and post-trade infrastructure into a network of digital assets custodians.
2021-6-29 17:00 | |
This warning came after Mexico billionaire Ricardo Salinas Pliego endorsed Bitcoin, saying his banking business Banco Azteca may begin using BTC and become the first bank in the country to start accepting the cryptocurrency.
2021-6-29 16:17 | |
Wall Street investment bank Morgan Stanley holds a substantial sum of Bitcoin-related assets according to a filing with the U.S. SEC. The post Morgan Stanley Holds 28,000 Grayscale Bitcoin Trust Shares, Valued Over $800,000 appeared first on BeInCrypto.
2021-6-29 11:12 | |
The head of global equity strategy at Jefferies, an investment bank and asset management firm, says that cryptocurrency regulation in the U. S. would “ultimately be very positive” for bitcoin or other crypto assets.
2021-6-29 01:30 | |
Morgan Stanley, a Wall Street investment bank, has gotten exposure to Bitcoin (BTC) through Grayscale, indicating that institutional adoption of digital assets is growing. Morgan Stanley Owns 28k Shares According to a June 28 filing with the US Securities and Exchange Commission, the Morgan Stanley Europe Opportunity Fund, which invests in established and growing firms […]
2021-6-29 00:57 | |
According to the South African Reserve Bank (SARB), individuals may not use cross-border or foreign exchange transfers to purchase crypto assets. The post South African Central Bank Outlines FX Crypto Limits appeared first on BeInCrypto.
2021-6-28 15:34 | |
The central bank of Tanzania said it is working on President Samia Suluhu’s directive to prepare for cryptocurrencies, which could reverse the ban put on digital assets in 2019. The new president came to power in March after the death of her predecessor John Magufuli and is much more open to foreign investment than him.
2021-6-27 16:58 | |
Citigroup has reportedly set up a “digital assets group” to offer clients access to cryptocurrencies, which will operate within the bank’s wealth management division. Citigroup has established a “digital assets group” within its wealth management unit, according to a memo to staff seen by Bloomberg.
2021-6-25 18:00 | |
The Bank of International Settlements (BIS) says that it is now clear that cryptocurrencies are not money but speculative assets, emphasizing that in many cases they are used “to facilitate money laundering, ransomware attacks, and other financial crimes.
2021-6-24 06:00 | |
The Wyoming Division of Banking has awarded a bank charter to digital asset bank Wyoming Deposit and Transfer (WDT). WDT Bags a Bank Charter According to a report by Coindesk, the issuance of the bank charter will allow WTD to offer commercial banking and custodial services for tokenized assets and cryptocurrencies. For the uninitiated, theRead More
2021-6-23 11:00 | |
AgBank — the world's third-largest bank by assets — has indicated it will follow the PBoC’s cue and work to stamp out its clients’ crypto-related activities.
2021-6-22 13:31 | |
Danske Bank will not block credit cards used in crypto trading, according to its newly announced position on cryptocurrencies. The Danish bank would also accept deposits related to crypto investments, although it follows a cautious approach towards decentralized digital assets.
2021-6-19 06:00 | |
Danske Bank, the largest bank in Denmark, has expressed its views about cryptocurrency, stating that while it was taking a cautious approach towards bitcoin and other crypto assets, it would allow customers to carry out cryptocurrency-related transactions.
2021-6-19 22:00 | |
Andrew Bailey, the Bank of England governor has said that the bank is focusing on stable coins which are backed by real-world assets and not on other crypto-assets which are “dangerous” and “could be worth nothing.
2021-6-16 21:44 | |
US multinational bank Goldman Sachs Group Inc plans to offer trading in Ethereum (ETH) futures, the company’s global head of digital assets, Mathew McDermott, told Bloomberg. The post Goldman Sachs announces Ethereum futures, institutional interest grows appeared first on CryptoSlate.
2021-6-16 19:00 | |