Crypto.com Receives License as a Payment Institution in Brazil

2022-12-16 23:02

The company is the first crypto exchange to become a licensed payments institution in the South American country. origin »

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crypto institution licensed country american south payments

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Why The U.S. Fed Could Give Crypto Banks Access To Legacy Banking System

According to a press release, the U.S. Federal Reserve (Fed) might provide crypto banks and other entities with access to Federal Reserve accounts and payment services. Following two proposals from the Federal Reserve Board in May 2021 and March 2022, the institution has arrived at final guidelines for these purposes. Related Reading: MakerDAO Set To […]

2022-8-16 00:46


Crypto exchange Gemini now registered as Virtual Asset Service Provider (VASP) in Ireland

Gemini, the popular bitcoin exchange company, announced today it has become the first company to be registered as a Virtual Asset Service Provider (VASP) by the Central Bank of Ireland. VASP registration follows Gemeni’s Electronic Money Institution (EMI) authorization in February of 2022, also from the Central Bank of Ireland.

2022-7-20 20:17


Citibank, Swiss Crypto Firm Partner To Develop Bitcoin Custody Services

Citibank, a major global banking institution, revealed on Wednesday that it has hired Switzerland-headquartered crypto custody firm Metaco to establish a digital asset custody platform. The collaboration will focus on tokenized securities, which are representations of stocks and bonds that are transferred and settled using blockchain technology, according to an email from a Citibank official. […]

2022-6-22 17:48


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 […]

2020-7-4 21:06


Estonia Revokes License of Over 500 Crypto Companies to Curb Money Laundering

European Union member Estonia is now cracking down on cryptocurrency firms to attack money laundering in the country. Estonia has been in the spotlight for Europe’s biggest money-laundering scandal, about €200 billion were laundered from Denmark’s biggest financial institution Danske Bank’s Estonian branch from 2007-2015.

2020-6-12 18:07


Is International Pressures Forcing South African Banks to Close Crypto Exchange Accounts?

The big-four bank, Nedbank, may become the latest financial institution in South Africa to close cryptocurrency bank accounts, reports the local media channel. The bank will be following in the footsteps of the First National Bank (FNB) that closed the digital currency-related bank accounts back in November, last year citing lack of regulations as the […]

2020-1-26 00:55