Two more South Korean banks to start offering crypto services

2020-8-16 17:09

Woori and Shinhan banks in South Korea have announced that they intend to introduce crypto services. A report unveiled this news on August 14, noting that this move will see four of South Korea’s top-five banks start offering their clients crypto services.

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banks crypto south services korea offering start

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Источник: invezz.com

banks crypto → Результатов: 126

Canadian authority seeks input from banks on crypto reporting regulations

Canada's Office of the Superintendent of Financial Institutions has initiated a consultation process to develop guidelines for how banks should report their exposure to crypto.

2023-11-21 22:46	Cryptocurrency
banks crypto exposure process consultation initiated develop

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Bitstamp eyes expansion via partnership with major European banks

Bitstamp says three “household name” banks in Europe are looking to offer crypto services. The crypto exchange expects deals as early as first quarter 2024 for services related to its Bitstamp-as-a-Service solution.

2023-10-10 20:24	institutional investors
banks crypto services bitstamp deals exchange expects

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This New Program Allows US Fed To Track Activities Of Banks Offering Crypto Services

The US Federal Reserve Board is increasing its oversight of banks and all of their activities involving crypto. This has led to the creation of a new program that would allow for increased monitoring from the Fed over these banks.

2023-8-9 13:00
banks crypto activities program fed new creation

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Why Crypto Clients Are Being Turned Away By UK Banks, According To This Report

Crypto companies in the United Kingdom are feeling the heat as they encounter yet another roadblock on their path to financial freedom. Banks are reportedly putting up a fortress of hurdles for these firms to jump over, with requests for additional documentation and transaction monitoring becoming the norm.

2023-4-4 17:19
banks crypto jump these firms hurdles reportedly

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Banks and the Fed have a problem — What about crypto?

Join us as we discuss the problems faced by the banks and the Federal Reserve and whether they will translate into problems for the crypto market.

2023-3-24 19:00	Banks
banks crypto problems whether federal reserve market

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When Will Crypto Learn From the Mistakes of Banks?

It’s time to bring the lessons of TradFi to crypto’s shadow banks, unregulated custodians and offshore exchanges – before another FTX or Silvergate.

2023-3-16 18:26	Regulation
banks crypto silvergate offshore custodians exchanges another

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Banks under pressure from U.S. authorities to cut ties with crypto firms

United States authorities are allegedly discouraging banks from offering services to the crypto industry.

2023-2-10 23:00	United States
banks crypto authorities united allegedly states offering

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Japanese regulators want crypto treated like traditional banks

Mamoru Yanase said crypto needs the same safeguards as financial institutions and banks.

2023-1-17 08:07	Crypto
banks crypto mamoru needs said same yanase

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FTX illustrated why banks need to take over cryptocurrency

Banks should embrace crypto as a way to mitigate risk and prevent losses that consumers at the hands of rogue crypto exchanges.

2022-11-20 23:05	sam bankman-fried
banks crypto prevent risk mitigate way losses

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Why the World’s Largest Banks Are Bullish on Crypto

N26 has become the latest financial institution to join major banks around the world that are making inroads into crypto offerings. The post Why the World’s Largest Banks Are Bullish on Crypto appeared first on BeInCrypto.

2022-10-20 17:35
banks crypto world largest bullish offerings making

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Fed Vice Chair urges banks to deal cautiously with crypto firms

The Federal Reserve System’s Vice Chair for Supervision Michael Barr has called on federally regulated banks to be cautious while providing services to crypto firms. The post Fed Vice Chair urges banks to deal cautiously with crypto firms appeared first on CryptoSlate.

2022-10-14 20:17	Regulation
banks crypto chair vice firms fed deal

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U.S. to Implement New Regulations for Banks Supporting Crypto

Michael Barr, a top US Federal Reserve executive, has revealed efforts to implement new regulations for banks supporting crypto.

2022-10-13 15:30
banks crypto supporting regulations new implement executive

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Fed tells banks to pay attention to legal aspects before jumping into crypto

The Federal Reserve Board wants to see banks take time to understand the cryptocurrency… The post Fed tells banks to pay attention to legal aspects before jumping into crypto appeared first on CoinJournal.

2022-8-17 00:11
banks crypto fed jumping pay aspects attention

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Pictet Group tells private banks to stay away from crypto

Amid the current market meltdown, Swiss wealth management firm Pictet Group is cautioning private banks against investing in crypto, Bloomberg News reported Aug 4. The post Pictet Group tells private banks to stay away from crypto appeared first on CryptoSlate.

2022-8-5 00:00	Investments
banks crypto pictet private group away stay

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Indian Crypto Investors Receive Warning Emails from Banks After Advertising Uptick

Indian banks have begun sending emails to crypto investors warning them against the asset class. This is the latest move by the banking industry to dismiss digital currencies, as Indians take to the market with relish.

2021-11-22 12:41
banks crypto indian emails warning investors dismiss

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3 types of bitcoin investors that ‘should be concerning to central banks’

With 106 million global crypto users as of January 2021 and a crypto population that has now surpassed 100 million, a financial expert noted that central banks must now be wary of certain crypto invesThe post 3 types of bitcoin investors that ‘should be concerning to central banks’ appeared first on AMBCrypto.

2021-2-26 00:30	BTC Trading View
banks crypto central million bitcoin should investors

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You’ve got the power? Legacy banks aim high with new crypto offerings

Is the crypto custody market becoming too big for established banks to ignore?

2021-2-19 20:05
banks crypto custody market too ignore established

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Visa Pilots System to Help Banks Provide Crypto Services Including Buying, Trading, Custody of Bitcoin

Visa is piloting a new system to enable banks to seamlessly integrate crypto features. Using Visa’s crypto APIs, banks can offer a number of cryptocurrency services to their customers, including the buying, trading, and custody of bitcoin.

2021-2-4 21:05
banks crypto visa trading custody bitcoin buying

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Comptroller reveals path for crypto companies to become banks

Firms could potentially become federally chartered banks allowed to provide crypto custody services by converting their business charters.

2020-11-18 04:57
banks crypto services custody provide charters converting

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Recap of Cointelegraph panel: Brokers and banks in crypto

Cointelegraph recently hosted a YouTube panel discussing brokers and banks involved in the crypto industry, based on a report from CV VC and PwC.

2020-9-24 00:00	Adoption
banks crypto brokers panel cointelegraph report based

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Uncertain Regulations Block Indian Banks’ Entry Into Crypto, Says Expert

Blockchain.com’s head of research Garrick Hileman discusses the interest of Indian banks in the crypto space.

2020-7-25 15:53	Banks
banks crypto indian space head blockchain research

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Is Crypto the Answer to Australian Banks Invading User Privacy?

Reports are emerging of Australian banks demanding customers complete detailed invoices over their use of funds as a condition for honoring transactions. Time for crypto to take over completely? Australian Banks are Now Asking Invasive Questions Crypto reporter and analyst Alex Saunders has noted that he is receiving reports that banks are now demanding customers to explain what their money will be used for before honoring withdrawals.

2020-3-7 21:18	Crypto
banks crypto australian customers demanding honoring reports

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Crypto Fraud Now Exposing Legacy Banks to Compliance Issues, Reports CipherTrace

Banks who ignore crypto could be setting themselves up for trouble in more ways than one

2020-2-12 20:43	Banks
banks crypto themselves setting trouble one ways

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“High Demand” for Crypto Custody Licenses among German Banks

Companies increasingly adopting blockchain technology while new legislation further propelling the demand Crypto virus has spread all over the world and with prices yet again gaining steam, everyone wants a piece of them, even banks.

2020-2-11 19:41	Legal & Regulation
banks crypto demand yet prices all world

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Big Banks Won’t Touch Crypto Clients – But These Smaller Banks Will

Cryptocurrencies undoubtedly bring new business opportunities. The expanding industry around digital assets and its customers need more and more services that traditional sectors can provide. Banking is often a bottleneck in the crypto space as most traditional institutions are still reluctant to get their feet wet.

2019-9-14 23:00
banks crypto smaller traditional won clients big

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Banks vs. Crypto: Battle for Domination

Coinspeaker Banks vs. Crypto: Battle for DominationIt seems, that finally, there's an opportunity for early adopters and crypto enthusiasts can now live a ‘tokenized’ life away from big banks and corporations.Banks vs. Crypto: Battle for Domination

2019-7-2 11:48	Visa
banks crypto battle domination live tokenized corporations

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Crypto Wallet Abra Adds In-App Support for ‘Thousands’ of US Banks

Crypto wallet Abra now let users connect to “thousands” of U.S. banks. It's also added withdrawals for all 30 supported cryptos.

2019-5-10 15:00
banks crypto thousands abra wallet withdrawals added

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Americans Can Now Move Their Money Into Bitcoin From Thousands of US Banks

Earlier this year, Abra launched its non-custodial Bitcoin-backed global investment app to democratize investing in stocks, bonds, EFTs, and cryptocurrencies. Now it’s stepping up a gear, making it easier for users to move money to and from their banks to crypto.

2019-5-10 11:30
abra app money move banks americans investment

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The Cross Border Payments Race Is Heating Up

Cross border payments represent one of the most self-evident use cases of cryptocurrencies. Digital currencies move across borders faster than traditional payment pathways, with reduced friction points and no need for an intermediary.

2019-5-10 20:43	XRP
payments cross border race heating trial blockchain-based

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BitGo Hires Former Wall Street Forex Trading Exec

Crypto custody provider BitGo has hired Nick Carmi, former head of forex trading at a number of Wall Street banks.

2019-5-9 16:00
forex bitgo street trading former wall head

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Indian Crypto Companies Are Now Helping Thailand’s Banks Instead

Indian tech multinational, Wipro, has developed a blockchain-based solution for banks in Thailand to settle dues. This comes as Indian government and banking authorities look to enact a blanket ban on all non-state-issued cryptocurrencies back home.

2019-5-8 21:00	Thailand
indian thailand banks solution banking phase crypto

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Are Banks Starting To Wade Into The Crypto Pool?

Michael J. Casey, senior advisor for blockchain research at MIT, discusses the trouble crypto companies are still having getting banking services, the effects of the Bitfinex scandal, and what needs to be done to ease the fears of bank compliance officers.

2019-5-7 17:59	business and finance
crypto effects scandal bitfinex services getting banking

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$212M in Bitcoin Moved for Just $4, Do We Still Need Banks?

Coinspeaker $212M in Bitcoin Moved for Just $4, Do We Still Need Banks?Recently, a crypto whale, Loaded, moved $212M worth of bitcoins within a short time freely. This is likely to challenge banks that set so many restrictions when moving large amounts.

2019-5-3 13:34	SegWit
moved banks 212m need still bitcoin set

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iCE3X Crypto Exchange In South Africa Adds Support For Ripple (XRP) With ZAR Trading Pair

South Africa’s iCE3X Crypto Exchange Adds Support For XRP The iCE3X digital trading platform has announced support for Ripple’s XRP token. This means that users can now trade XRP against Bitcoin as well as the local fiat currency, the South African Rand (ZAR).

2019-5-3 22:40	Ripple (XRP)
xrp support ripple ice3x south adds exchange

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Crypto Payments: Canada and Singapore Central Banks Send Each Other Digital Currencies

By CCN. com: The Bank of Canada and the Monetary Authority of Singapore (MAS) has conducted a successful pilot test of central bank-backed crypto assets to clear cross-border and cross-currency payments.

2019-5-2 14:33	Singapore
central bank currencies digital payments singapore canada

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Crypto Analyst: Bitcoin MACD Being Overextended is Bullish, But Consolidation is Due

Bitcoin has once again become the subject of water cooler talk at banks and brokers once again, following a massive price surge at the beginning of April, that saw the value of the leading crypto by market cap rise by over $1,000 over the course of an hour.

2019-5-2 03:01
crypto bitcoin analyst macd once again overextended

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Goldman Sachs: Bitcoin Is ‘Very Intriguing’, But Awaits Government Clarity Before Any Investments

No one could accuse Goldman Sachs of not being a conservative bank. While the whole world is starting to participate in the crypto revolution, one of the largest banks in the United States is now confirming that they will not enter the game until it is too late. According to a recent report of American […]

2019-5-2 02:12	Bitcoin Innovation
goldman one sachs report states confirming united

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Collaboration Between Thomson Reuters and IBM Will Help Banks Deal with Regulatory Requirements

With the regulatory atmosphere for the crypto space, the banking industry has had some difficulty in adjusting. Considering the evolving space, IBM and Thomson Reuters have reportedly collaborated in an effort to help banks to address the new requirement being implemented.

2019-5-2 01:34	#ibm
banks help space regulatory thomson reuters ibm

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Indictments Issued for Two Individuals for Running “Shadow Banking” Operation

U. S. Attorney's office for the Southern District of New York has charged two individuals for providing “shadow banking” services to crypto exchanges. According to a statement by Geoffrey S.

2019-5-2 23:54	Law & justice
two accounts bank exchanges individuals shadow banking

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Crypto Adoption Speeding Up In Turkey

Andy Cheung, OKEx's head of operations, discusses the factors which have led to many Turkish citizens to use crypto exchanges instead of banks.

2019-5-1 17:33	World
crypto led many turkish instead banks exchanges

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‘Shadow banking’ duo charged for laundering millions of dollars for cryptocurrency exchanges

The US Attorney for the Southern District of New York has charged two people in connection with running an unlicensed money transfer business used to make deposits for cryptocurrency exchanges.

2019-5-1 13:13	hard fork
cryptocurrency exchanges fowler business shadow processed charged

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US Crypto Scammers’ Run Reveals Tether Links in Massive Multi-Million Shadow Banking Fraud

By CCN. com: The U. S. Justice Department has nabbed one of two crypto fraudsters accused of a shadow banks scheme that entailed the processing of hundreds of millions of dollars of unregulated transactions on behalf of several cryptocurrency exchanges.

2019-5-1 11:35	Tether
tether crypto shadow may ccn yosef banking

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“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General

Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses.

2019-5-1 01:22	Law & justice
tether bitfinex nyag crypto hoegner capital letter

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Commonalities Between Bitfinex And Mt. Gox

Daniel Cawrey, CEO of Pactum Capital, and professional money manager Sina Nader discuss what the sagas of Bitfinex and Mt. Gox have in common. The two authors talk about the relationships the exchanges had with various banks, subpar user experience, and what crypto custody really means.

2019-4-30 17:31	wallets and exchanges
gox bitfinex had exchanges talk authors relationships

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US Stock Brokerage E*Trade Strokes Excitement with Rumored Ether, Bitcoin Trading

By CCN. com: E*Trade Financial Corp. is waking when it comes to the importance of allowing its customers the ability to trade cryptos. It’s readying to allow them to trade Bitcoin and Ethereum, Bloomberg reports.

2019-4-30 11:35
trade cryptos bitcoin trading bloomberg customers allow

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Report: Australians Lost Over $4 Million to Crypto Scams in 2018

The latest edition of “Targeting scams,” an annual report released by the Australian Competition and Consumer Commission (ACCC) revealed that the country saw a 190 percent increase in cryptocurrency scams, with a total of $6.

2019-4-30 20:07	#scams
scams million report crypto victims reported australia

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India’s Banking Sector Afraid Of Crypto, Leading Bank Threatens Customers By Putting Account Restrictions

One of India’s leading private banks, the Housing Development Financial Corporation (HDFC), is reportedly sending users whose banking transactions… The post India’s Banking Sector Afraid Of Crypto, Leading Bank Threatens Customers By Putting Account Restrictions appeared first on Invest In Blockchain.

2019-4-29 12:12	India
leading india banking putting restrictions customers account

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Crypto Funds Are Growing Faster Than Other Hedge Fund Market Segments, #WhenMoon Bitcoin?

The most prominent and largest banks in the world, including Goldman Sachs and Morgan Stanley, could be surprised by the fast-growing rates registered by some cryptocurrency hedge funds. What will traditional and dominant financial institutions do with the growing influence of virtual currencies? Crypto Hedge Funds Perform Better Than Others Although the bear market of […]

2019-4-28 20:55	Bitcoin Innovation
hedge funds market crypto growing traditional dominant

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Banks Can’t Snub Crypto Startups Thanks to France’s New Blockchain Law

France's wide-ranging new blockchain law aims to solve a longstanding problem for crypto startups: banking, or lack thereof.

2019-4-25 11:00
france new blockchain law startups crypto problem

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Bitcoin hit $95,000: heading to $100k target price

Bitcoin, the world’s largest cryptocurrency, hit a new all-time high of $95,672 on Thursday after its price rose to 3.55% in the past 24 hours; the next target is $100k. For the first time, on Nov. 21, Bitcoin reached the…

BlackRock Bitcoin ETF Options Surge: December 20 Call Signals BTC Price Target Of $180,000

BlackRock, the world’s largest asset manager, has officially launched options trading for its Bitcoin ETF, the iShares Bitcoin Trust (IBIT). This debut comes after the ETF received regulatory approval in January and has since attracted significant inflows.

Pump.fun clone Emojicoin goes live on Aptos blockchain

Aptos, the blockchain network backed by a16z, has seen its first pump.fun clone emerge, as meme coin mania continues to thrive. Emojicoin, a new platform built on a Move-based blockchain, has gone live on the Aptos (APT) blockchain, offering users…

Spot Bitcoin ETFs inflows surge 220% amid options launch

Inflows into U.S. spot Bitcoin ETFs surged by 220% on Nov. 19 compared to the previous day, as Bitcoin reached new highs following the launch of the first Bitcoin ETF trading options. According to data from SoSoValue, the 12 spot…

Injective unveils SDK allowing users create own on-chain AI agents

Injective, a blockchain protocol for finance, has announced the release of a new software development kit enabling users to create their own AI agents on-chain. The iAgent, announced by Injective (INJ) on Nov.

Bitcoin ETFs resume with $254.82m, ETH funds lag

Spot Bitcoin and Ethereum exchange-traded funds in the United States have started the week moving in different directions as the broader cryptocurrency market faces consolidation. According to data from SoSoValue, the 12 spot Bitcoin ETFs recorded $254.82 million in net…

Bitcoin Price Forecast: Fundstrat Sees BTC ‘Comfortably’ Over $100,000 This Year

Tom Lee, the head of research at independent financial analysis firm Fundstrat, has reiterated his optimistic outlook for the Bitcoin price, predicting that the cryptocurrency is on track to reach the $100,000 mark before the year concludes.

2020-8-16 17:09

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