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US-based Customers Bank to Offer Banking Services to Crypto Firms
West Reading, Pennsylvania-based Customers Bank is the latest bank to join the list of FDIC-insured institutions in the country keen on working with cryptocurrency companies. Customers Bank to Work with Crypto Firms For the uninitiated, Customers Bank boasts about $19. дальше »
2021-8-24 10:30 | |
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Crypto Finance Group, InCore Bank, Inacta select Tezos for digital financial product partnership
Crypto Finance Group, InCore Bank, and Inacta have selected Tezos (XTZ/USD) as a partner for novel, compliant on-chain digital products, Invezz learned from a press release. Inacta, Crypto Finance, and InCore Bank used the Tezos FA2 standard to develop a new standard for asset tokenization. дальше »
2021-8-25 06:59 | |
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South Korea’s Largest Crypto Exchange Upbit Become the First to Apply for a License After Securing a Bank Account
Leading South Korean cryptocurrency exchange Upbit has become the first to apply for a license in the country, reported a local publication. The exchange also secured a bank account with K-Bank allowing it to officially accept Korean fiat (KRW) deposits and withdrawals. дальше »
2021-8-23 06:16 | |
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Why Chinese Banks Are Adding Digital Yuan To Apps? Here’s What You Need To Know
The Chinese Central Bank Digital Currency (CBDC) is progressively spreading out to more users. This can be seen as 35 banks in China include the digital Yuan in their mobile apps. According to a local report, the digital RMB App reveals a recent addition of more banks to the interface. дальше »
2021-8-22 11:28 | |
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Head of Brazil’s Central Bank Calls for Crypto Regulations Amid Growing Adoption
The President of the Banco Central do Brasil (BCB) also known as the Central Bank of Brazil has stated that it is important to have robust cryptocurrency regulatory policies in place, to address the increased interest in the nascent technology. дальше »
2021-8-22 23:00 | |
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“Eventually,” A Digital Dollar Could Be Issued But Fed Is Still A “Long Way” From Deciding On It, Says A US Central Bank Official
Dallas Federal Reserve Robert Kaplan said the US central bank could see it eventually issuing its own digital currency, calling it the “last mile” in the digitization of the payment system. “I would imagine in the years ahead — it's something the Fed is actively working on now — and I can see reasons why […] The post “Eventually,” A Digital Dollar Could Be Issued But Fed Is Still A “Long Way” From Deciding On It, Says A US Central Bank Official first appeared on BitcoinExchangeGuide. дальше »
2021-8-22 17:38 | |
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El Salvador’s Bukele Is “Playing With Fire” For Ignoring World Bank, IMF’s Warnings On Bitcoin: Renowned Economist Steve Hanke
Steve Hanke – a professor of applied economics at John Hopkins University – has sounded a warning that El Salvador could be heading to currency chaos and economic collapse with their adoption of Bitcoin as legal tender. дальше »
2021-8-22 17:36 | |
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Wells Fargo, JPMorgan, And Neuberger Berman Are Moving Ahead With Their Bitcoin Plans
Investment bank Wells Fargo is now launching a private bitcoin fund and has registered for the same with the US Securities and Exchange Commission (SEC), becoming the latest traditional investor to offer its wealthiest clients an indirect exposure to cryptocurrency. дальше »
2021-8-22 17:16 | |
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Revuto Coin Review & Price Prediction – Where To Buy Revuto?
Revuto is a crypto-based subscription payments solution and built on Cardano’s scalable smart contract network. The platform transforms members’ digital wallet into a digital bank and enables them to complete recurring payments for their favorite goods and services. дальше »
2021-8-21 14:38 | |
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Here's why this country's central bank thinks CBDCs are 'not necessary'
While most central banks around the world are moving to curb cryptocurrencies and replace them with a central bank digital currency [CBDC], Costa Rica has different plans. Like most, the Banco CentralThe post Here's why this country's central bank thinks CBDCs are 'not necessary' appeared first on AMBCrypto. дальше »
2021-8-21 02:30 | |
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Brazil Needs to ‘Pay Attention’ to Crypto and ‘Reshape the World of Regulation’ says Central Bank President
Roberto Campos Neto, the president of Brazil’s central bank, said local regulations need to pay attention to the investors' need for cryptocurrencies. According to him, they are here to stay alongside instant payment solutions. дальше »
2021-8-20 18:45 | |
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BCB President calls for better crypto regulations as investor interest surges
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. дальше »
2021-8-21 18:09 | |
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Regulations Need to Facilitate Crypto Demand, Says Brazilian Central Bank President
Central Bank of Brazil President Roberto Campos Neto believes local regulations should facilitate investors’ demand for cryptocurrencies. The post Regulations Need to Facilitate Crypto Demand, Says Brazilian Central Bank President appeared first on BeInCrypto. дальше »
2021-8-21 16:30 | |
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Fifth-Largest US Bank Wells Fargo Ready To Roll Out Bitcoin Fund For Rich Clients
Another mega US bank is poised to launch a cryptocurrency fund. According to a filing with the Securities and Exchange Commission (SEC) on Thursday, Wells Fargo & Co has registered a passive bitcoin fund for its clients. дальше »
2021-8-20 13:23 | |
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Thailand Central Bank to Begin Pilot Test of CBDC in 2022
The Bank of Thailand (BOT) has revealed that it plans to develop and test its retail CBDC in the second quarter of 2022. This development was revealed by Vachira Arromdee, the assistant governor of BOT’s Financial Markets Operation Group. дальше »
2021-8-19 19:00 | |
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El Salvador’s Central Bank Releases Draft Regulations for Bitcoin (BTC) Services
Banco Central de Reserva (BCR), the central bank of El Salvador, has published draft regulations for banks and other financial institutions looking to offer bitcoin-related services. Draft Regulations for Bitcoin Digital Wallet Services The BCR released the document titled “Guidelines for the Authorization of the Operation of the Digital Wallet Platforms for Bitcoin and Dollars”Read More дальше »
2021-8-19 17:00 | |
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Binance Amplifies Its Compliance Efforts As It Gets Another Regulatory Warning
The Dutch central bank (DNB) has also issued a regulatory warning against Binance for providing its services in the Netherlands without the required registration. The leading cryptocurrency exchange was not compliant with the Anti-Money Laundering and Anti-Terrorist Financing Act, said the Nederlandsche Bank. дальше »
2021-8-19 16:44 | |
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Digital Yuan Helps Banks Catch up With Fintech, Says Moody’s
China’s central bank digital currency (CBDC), the ‘digital yuan,’ will give banks an edge after losing ground to fintech platforms in the payments sector, according to Moody’s. The post Digital Yuan Helps Banks Catch up With Fintech, Says Moody’s appeared first on BeInCrypto. дальше »
2021-8-20 15:55 | |
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Ukraine Minister Says First Digital Currency Pilot Could Focus on Staff Salary Payments
The head of Ukraine’s Ministry of Digital Transformation has said that paying the staff of the ministry in the proposed central bank digital currency (CBDC) is under consideration. Ukraine CBDC Pilot Could Initially Involve Salay Payments In a recent interview with local Ukraine news outlet TSN, Mikhail Fedorov, who is also the country’s deputy PrimeRead More дальше »
2021-8-19 11:00 | |
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Филиппинский UnionBank запустит криптовалютный кастодиальный сервис в партнерстве с Hex Trust
Union Bank of the Philippines (UnionBank), один из десяти крупнейших банков Филиппин, запустит кастодиальный сервис для цифровых активов в партнерстве с криптовалютной компанией Hex Trust. дальше »
2021-8-19 09:30 | |
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Ukraine to push CBDC pilot by paying employees in digital hryvnia
Ukraine's Ministry of Digital Transformation is planning to compensate its employees with its central bank digital currency [CBDC]. According to Minister Mykhailo Fedorov, this will be possible once tThe post Ukraine to push CBDC pilot by paying employees in digital hryvnia appeared first on AMBCrypto. дальше »
2021-8-19 04:00 | |
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South Korea: Foreign Exchanges Limit Transactions Following Strict Crypto Regulations
Regulators around the world are cautious about the rise of cryptocurrencies. South Korean authorities are not an exception. The Governor of Bank of Korea, Lee Ju-Yeol, stated that Bitcoin “has no intrinsic value. дальше »
2021-8-19 04:00 | |
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‘Bitcoin Has No Real Use Case’: Federal Reserve Bank of Minneapolis President Neel Kashkari Trashes Crypto Market
Bitcoin has no real use case according to the Minneapolis Federal Reserve Bank President Neel Kashkari. Speaking at the Pacific Northwest Economic Regional Annual Summit in Big Sky in Montana, Kashkari said crypto is 95% fraud, hype, and confusion. дальше »
2021-8-19 20:01 | |
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Dutch central bank claims Binance is operating illegally
The warning follows authorities in several countries issuing statements warning investors to exercise caution in regards to Binance, or claiming the exchange was operating illegally. дальше »
2021-8-18 19:30 | |
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Brazil prez meets with Brian Brooks and Circle to discuss possible CBDC
Brazil’s interest in the crypto space does not look like abating anytime soon as the President of the central bank of the country, Roberto Campos Neto, recently held a video conference call with two key figures in the crypto space regarding the rollout of a potential Central Bank Digital Currency (CBDC) in the country. дальше »
2021-8-18 19:00 | |
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Jamaica: Central Bank Mandates Court Order for Monitoring Customer CBDC Transaction Data
The central bank of Jamaica says legal approval a must before monitoring customer’s personal transactions tied to CBDCs. Batting for Customer Protection The Bank of Jamaica (BOJ) – Jamaica’s central bank – made an important announcement recently saying that despite the technological ability to do so, interested authorities must not use customer’s digital wallet transactionRead More дальше »
2021-8-19 19:00 | |
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Central Bank Digital Currencies Are Coming, so Are the Risks
The development of central bank digital currencies (CBDCs) continues to be a hot topic of discussion and for good reasons. The post Central Bank Digital Currencies Are Coming, so Are the Risks appeared first on BeInCrypto. дальше »
2021-8-19 18:00 | |
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Australia's ASIC wary of investments in 'crypto-related products, services'
Regulations across Australia's cryptocurrency space are still nascent. In fact, right now, the Reserve Bank of Australia (RBA) has no plans to release a central bank digital currency (CBDC) for generaThe post Australia's ASIC wary of investments in 'crypto-related products, services' appeared first on AMBCrypto. дальше »
2021-8-18 16:00 | |
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China’s Central Bank Launches Major Crypto Crackdown in Shenzhen
The crackdown on cryptocurrencies appears to be gaining steam in China. Local reports state that the Shenzhen branch of the People’s Bank of China (PBOC) has cleansed 11 companies for their illegal cryptocurrency activities. дальше »
2021-8-18 15:00 | |
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Assessing China's latest efforts to 'promptly clean up and rectify' crypto-entities
China’s war on crypto seems to be far from over after the People’s Bank of China decided to embark on a campaign to "promptly clean up and rectify" forex and cryptocurrency trading companies for iThe post Assessing China's latest efforts to 'promptly clean up and rectify' crypto-entities appeared first on AMBCrypto. дальше »
2021-8-17 19:00 | |
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Швeйцapcкaя Leonteq AG будeт oкaзывaть кpиптoуcлуги в Гepмaнии и Aвcтpии
Швeйцapcкaя финaнcoвaя opгaнизaция Leonteq AG oбъявилa o пapтнёpcтвe c ICF BANK AG для пpeдcтaвлeния цифpoвыx aктивoв инcтитуциoнaльным инвecтopaм, a тaкжe чacтным клиeнтaм из Гepмaнии и Aвcтpии. Блaгoдapя пapтнёpcтву инвecтopы пoлучaт дocтуп к 18 кpиптoвaлютaм, включaя лидepoв pынкa биткoйн (BTC) и Ethereum (ETH). дальше »
2021-8-17 09:11 | |
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Bank Of Russia Exec Worried Over Surging Number Of Local Investors Pouring Millions Into Bitcoin
Sergey Shvetsov, Bank of Russia’s deputy chairman has thrown his weight around Bitcoin, this time warning Russian investors against betting on the asset, which he believes is a pyramid scheme poised to tumble going under with investor funds sooner rather than later. дальше »
2021-8-14 16:51 | |
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National Bank of Cambodia & Maybank Launch Cross Border Funds Transfer Feature
The collaboration sees the Maybank-Bakong Cross Border Funds Transfer come to apps and e-wallets in Malaysia and Cambodia. The post National Bank of Cambodia & Maybank Launch Cross Border Funds Transfer Feature appeared first on BeInCrypto. дальше »
2021-8-14 15:30 | |
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Argentina president weighs Bitcoin legalization. But his government doesn’t agree
In a recent interview, the President of Argentina Alberto Fernandez said he sees no reason to push against crypto, but in contrast to his openness, the head of the country’s Central Bank, Miguel Pesce, prepares for a crackdown on the industry. дальше »
2021-8-14 01:00 | |
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Institutions can now more easily access Aave (AAVE) and Chainlink (LINK)
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). дальше »
2021-8-14 19:00 | |
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Singapore: DBS Bank Gets Regulatory Approval from MAS to Offer Crypto Services
Singapore-based DBS Bank’s brokerage arm has received “in principal” approval to begin offering crypto services to asset managers and companies. DBS Bank Launches Crypto Services According to a Coindesk report published today, major Singaporean bank DBS Bank’s brokerage arm – DBS Vickers – has finally obtained the go-ahead from the national financial regulator to offerRead More дальше »
2021-8-13 06:00 | |
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