South Africa’s FirstRand Bank Shuts Down Bitcoin Exchanges Accounts Due To Regulatory Uncertainty

2019-11-21 22:42

FNB Bank, which is one of the ‘big five’ South African banks, has decided to shut down accounts owned by crypto exchanges in the country. However, the bank was quick to note that should the country implement clear-cut cryptocurrency regulations, it might reverse the policy.

In a letter seen by South African media firm MyBroadband, […].

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Time New Bank (TNB) на Currencies.ru

$ 0 (+0.00%)

Объем 24H $0

Изменеия 24h: 0.00 %, 7d: 0.01 %

Cегодня L: $0 - H: $0

Капитализация $0 Rank 99999

Цена в час новости $ 0.002809 (-100%)

bank south african exchanges accounts country down

196 +

Источник: bitcoinexchangeguide.com

bank south → Результатов: 126

South African Central Bank Releases Crypto Risk-Assessment Note

The South African Reserve Bank has released guidelines for local banks to do business with cryptocurrencies and cryptocurrency companies. The post South African Central Bank Releases Crypto Risk-Assessment Note appeared first on BeInCrypto.

2022-8-21 17:00
bank south african note risk-assessment crypto central

152 +

South Korea's central bank chooses Kakao's Ground X for digital currency project

South Korean tech giant Kakao Corp.'s blockchain arm Ground X is in the news today after it was chosen for running experiments for Bank of Korea's digital currency. The central bank of South Korea The post South Korea's central bank chooses Kakao's Ground X for digital currency project appeared first on AMBCrypto.

2021-7-21 03:30	News
bank south korea currency digital kakao central

268 +

South Korea's Shinhan Bank collaborates with LG to build CBDC platform

South Korea’s Shinhan Bank will collaborate with the country’s central bank to issue a Korean Central Bank Digital Currency (CBDC). According to reports emerging from local South Korean media, The post South Korea's Shinhan Bank collaborates with LG to build CBDC platform appeared first on AMBCrypto.

2021-3-10 16:45	News
bank south cbdc korea shinhan korean platform

191 +

South African Bank Closes Crypto Accounts While a $500 Bitcoin Premium Develops

FirstRand, one of South Africa’s biggest bank with $93 billion in assets, is to close the bank account of major crypto exchanges in the country, including Luno, ICE3X, VALR and... The post South African Bank Closes Crypto Accounts While a $500 Bitcoin Premium Develops appeared first on Trustnodes.

2019-11-20 17:57	Politics
bank south crypto premium develops bitcoin accounts

166 +

Major South African Bank Closes Crypto Exchange Bank Accounts

FNB, one of the ‘big five’ South African bank is closing down accounts operated by crypto exchanges in the country. The bank, however, says the emergence of clear-cut cryptocurrency regulations in South Africa may trigger a reversal of the policy.

2019-11-20 12:29	South Africa
bank south african fnb accounts crypto cryptocurrency

167 +

South Korean KB Kookmin Bank Adopts Blockchain to Improve Internal Processes

Major South Korean bank KB Kookmin Bank is planning to integrate blockchain technology into its internal processes.

2019-10-8 00:50
bank south internal processes blockchain korean kookmin

140 +

South Korea: Central Bank Report States CBDCs Could Reduce the Role of Commercial Banks

On March 26, 2019, South Korea’s central bank published 2018 Annual Payment Settlement Report. In the report, the country’s apex bank has given a summary of research it conducted on central bank digital currencies (CBDCs).

2019-3-27 16:00
bank south report korea central cbdcs promising

157 +

South Korean Financial Regulator to Monitor Bank Accounts that Trade Cryptocurrency

South Korea's FSC plans to begin monitoring exchange bank accounts and coin transactions via foreign exchanges to look for signs of money laundering.

2018-6-27 22:29	News
bank south accounts via foreign transactions laundering

189 +

Cryptos Are Neither Currencies nor Securities, SARB Deputy Governor Says

Francois E. Groepe, deputy governor of the South African Reserve Bank (SARB), said that it does not consider digital coins securities or currencies. He suggested that SARB does not prefer to use the term “cryptocurrency.

2018-6-27 16:19	Cryptocurrency
sarb governor deputy securities currencies south african

263 +

Korean Watchdog Tightens Rules on Crypto Exchange Bank Accounts

Banks in South Korea are now required to monitor all accounts held by crypto exchanges following a tightening of anti-money laundering measures.

2018-6-27 12:40	Republished
crypto accounts exchanges all monitor held following

222 +

Centralized exchanges are throwing the Crypto Promise to the wind!

With such a terrible track record, why would anyone still work with crypto exchanges? That is where crypto exchanges come in, and they are especially valuable to day traders. Crypto exchanges also take care of storing your money, much like a bank would.

2018-6-24 17:36	Regulations
exchanges crypto money storing your take traders

295 +

Bitcoin Magazine’s Week in Review: Fortunes and Fallacies

This week, leading South Korean crypto exchange Bithumb experienced a major hack, while Mt Gox, the most notorious exchange to be hacked in bitcoin history, is also back in the news.

2018-6-24 20:05
bitcoin blockchain your exchange cryptocurrency creditors new

559 +

Digital currencies don’t perform as money – Bank of Korea

On Monday, the Bank of Korea [BOK] said that it has no plans of issuing Central Bank Digital Currency [CBDC] fearing ‘moral hazard to society’. The BOK is the central bank of the Republic of Korea, and is the sole authority that can issue the South Korean won.

2018-6-21 00:28	News
bank korea digital central cbdc bok currencies

301 +

Bank of Korea Not Yet Ready for a Central Bank Digital Currency

Following an earlier announcement that South Korea was considering the introduction of a Central Bank Digital Currency (CBDC), the country’s central bank has since pulled the plug on the idea — with regulatory roadblocks and fears of market destabilization ranking amongst the leading reasons for the recall.

2018-6-20 03:00	South Korea
bank central korea currency digital country earlier

295 +

State-Issued Cryptocurrency No Go for Bank of Korea

The central bank of South Korea prefers to stay away from the uncharted territory of sovereign digital currency to avoid potential risks to monetary policy and financial stability.

2018-6-19 11:11	News
bank korea avoid stability currency digital sovereign

193 +

South Korea’s Central Bank Opposes Issuing a Central Bank Digital Currency

South Korea’s central bank has said that it opposes the idea of issuing a central bank digital currency (CBDC). The news comes from the Bank of Korea’s (BOK’s) report about coins and the crypto-ecosystem, which looked at the possibility of issuing a CBDC and also how digital currencies might influence Korea’s financial sector as a.

2018-6-19 01:00	South Korea
bank central korea issuing digital south currency

191 +

The ‘Moral Hazard’ of Centralized Cryptocurrencies according to the Bank of Korea

South Korea’s central bank has announced that it does not plan to launch its own digital currency over fears it could destabilize the economy. According to The Korea Times on Monday, the BoK said that issuing a central bank digital currency (CBDC) could pose a “moral hazard” by adversely affecting monetary policy and its implementation, and possibly

2018-6-19 23:06
bank korea could currency central digital hazard

205 +

Bank of Korea: Central Bank Cryptocurrencies Pose 'Moral Hazard'

South Korea's central bank has announced that it does not plan to launch its own digital currency over fears it could destabilize the economy.

2018-6-19 19:15
bank central korea digital own launch currency

212 +

Korean crypto exchanges step up to aml compliace. Banks are burning out

Regulation As the South Korean government steps up its anti-money laundering (AML) oversight, major crypto exchanges in the country are voluntarily complying while banks are reportedly failing to meet the guidelines for compliance.

2018-6-18 10:37
aml crypto exchanges government compliance korean south

193 +

Top Korean Banks Work with Japan Bank Consortium to Modernize Cross-border Payments

The Japan Bank Consortium — a coalition of 61 banks in Japan, organized by SBI Ripple Asia — has announced the launch of a new Ripple pilot with Woori Bank and Shinhan Bank, two of South Korea’s largest banks with a collective market capitalization of more than $30 billion.

2018-6-17 12:50	News
bank japan banks ripple consortium korean work

298 +

дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Axie Infinity Daily Revenue Plunges Over 94% from Peak as Daily Active Addresses Drops by 72%

Amidst this, another P2E game DeFi Kingdoms (JEWEL), has captured the interest of users, which is not listed on any exchanges and is seeing a gradual increase in users and transaction volume. The post Axie Infinity Daily Revenue Plunges Over 94% from Peak as Daily Active Addresses Drops by 72% first appeared on BitcoinExchangeGuide.

Bored Ape Yacht Club (BAYC) Flips CryptoPunks Floor Price, But Only Briefly

For the first time, the floor price of Bored Ape Yacht Club (BAYC) NFTs has flipped that of CryptoPunks. The flippining happened on Wednesday when the lowest price at which BAYC was available for sale went to 53.

UNI and MATIC Pump after Uniswap V3 Deployed on the Ethereum Scaling Solution Polygon

In his proposal, Polygon co-founder Mihailo Bjelic said they would commit up to $20 million to incentivize Uniswap adoption. The post UNI and MATIC Pump after Uniswap V3 Deployed on the Ethereum Scaling Solution Polygon first appeared on BitcoinExchangeGuide.

VCs Pour In $30 Billion, A 4x of 2018’s High, Into The Cryptocurrency Market In 2021

Venture capital funds have poured about $30 billion into the cryptocurrency market in 2021, which is more funding than all the previous years combined. The previous high was around $8 billion in 2018, during the bear market following the 2017 bull market where Bitcoin hit a new all-time high of $20,000.

Crypto Outliers: Terra (LUNA) Amasses $16.9 Bln & Surpass BSC, Avalanche (AVAX) Aims for 1 Million Daily Transactions

While the broad crypto market is getting hammered, some coins emerge as outliers. Bitcoin and Ether are stuck in a range and are currently sitting around $46k and $4,800, respectively, while the total crypto market is at about $2.

SBI Holdings to Launch Japan’s First Crypto Fund; Including BTC, ETH, DOT, LINK, LTC, XRP & BCH

Japanese financial services company SBI Holdings has announced the launch of Japan's first cryptocurrency fund for retail investors that will invest in seven major crypto assets. These assets include the top two cryptos, Bitcoin (BTC) and Ether (ETH), which are trading under $47k and $4k respectively, along with Polkadot (DOT), Chainlink (LINK), XRP, Litecoin (LTC), […] The post SBI Holdings to Launch Japan’s First Crypto Fund; Including BTC, ETH, DOT, LINK, LTC, XRP & BCH first appeared on BitcoinExchangeGuide.

Solana (SOL) Bucks the Trend, Along With Tron (TRX), by Recording Highest Inflows After Bitcoin (BTC): Report

Bitcoin recorded inflows for the 13th straight week while Ether broke its six-week streak with non-meaningful outflows. The post Solana (SOL) Bucks the Trend, Along With Tron (TRX), by Recording Highest Inflows After Bitcoin (BTC): Report first appeared on BitcoinExchangeGuide.

2019-11-21 22:42

bank south → Результатов: 126

2022-8-21 17:00

2021-7-21 03:30

2021-3-10 16:45

2019-11-20 17:57

2019-11-20 12:29

2019-10-8 00:50

2019-3-27 16:00

2018-6-27 22:29

2018-6-27 16:19

2018-6-27 12:40

2018-6-24 17:36

2018-6-24 20:05

2018-6-21 00:28

2018-6-20 03:00

2018-6-19 11:11

2018-6-19 01:00

2018-6-19 23:06

2018-6-19 19:15

2018-6-18 10:37

2018-6-17 12:50

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Add news: propose for publication, Submit ICO