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Post FTX Saga: New York Banking Regulator Rolls Out New Crypto Guidelines
A cross-section of players in the digital asset industry believes it needs strategic regulations across all sectors to bring up dwindling confidence among investors. The New York State Department of Financial Services (NYDFS) has released a new cryptocurrency regulation for banks and other financial institutions in its jurisdiction. дальше »
2022-12-17 16:21 | |
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Ripple Is Testing A Private Version Of The XRP Ledger Targeting Central Banks
Blockchain firm, Ripple, is currently running a pilot project of its new product that’s mainly meant for use by Central Banks. The company announced this new development on its blog, saying that the new system is basically a private version of the currently open-source public XRP Ledger. дальше »
2021-3-4 17:19 | |
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Crypto Market Forecast: Week of February 15th 2021
A curated weekly summary of forward-focused crypto news that matters. This week, Bitcoin hits multiple new all-time-highs as Tesla, banks, and other multinationals announce new digital asset integrations and services. дальше »
2021-2-15 06:00 | |
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USA’s Oldest Bank BNY Mellon To Offer Crypto Custodial Services
America’s oldest bank, Bank of New York Mellon (BNY Mellon), has announced plans to create a crypto custodial service for its clients. This is a significant move from one of the biggest banks in the world. дальше »
2021-2-12 17:50 | |
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Visa aiming mass adoption with crypto pilot scheme for banks
Global payments giant Visa is launching a new crypto API pilot scheme designed to help banks facilitate Bitcoin and cryptocurrency services. The post Visa aiming mass adoption with crypto pilot scheme for banks appeared first on CryptoSlate. дальше »
2021-2-4 13:00 | |
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Visa Announces Plan to Help Banks Roll Out Bitcoin and Trading Services
Visa says that First Boulevard will become its first partner to launch a new crypto application program interface (API) pilot program later this year. As reported by the credit card giant, this cooperation will empower Visa clients to access and integrate crypto features into its products. дальше »
2021-2-4 22:57 | |
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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. дальше »
2021-2-4 21:05 | |
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Visa to Launch Bridging Software for Banks to Integrate Bitcoin Trading Services
Visa has fully embraced Bitcoin and other cryptocurrencies with its new announcement to launch a Visa Crypto API software program for banks to support the buying and selling of cryptocurrencies such as bitcoin. дальше »
2021-2-4 18:37 | |
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New Comptroller of the Currency (OCC) Suspends Brian Brooks’ ‘Fair Access’ Banking Rule
The Office of the Comptroller of the Currency has suspended the previous administration’s financial inclusion rule which seeks to protect firms from being deplatformed by banks. The post New Comptroller of the Currency (OCC) Suspends Brian Brooks’ ‘Fair Access’ Banking Rule first appeared on BitcoinExchangeGuide. дальше »
2021-1-30 18:22 | |
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FCA Issues Fresh Crypto Warning to UK Investors
Fresh from enacting its ban on the sale of crypto derivatives to retail traders, the U.K. Financial Conduct Authority (FCA) has issued new warnings about crypto investments to consumers. Meanwhile, commercial banks in the country are adopting a more anti-cryptocurrency stance refusing to accept deposits from virtual currency sources even as the government appears setRead More дальше »
2021-1-11 20:00 | |
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Speculations From the OCC Allowing Banks to Handle Stablecoin Payments
The Office of the Comptroller of the Currency (OCC) recently approved the use of stablecoins for banks to process financial transactions. However, issues arose from the new OCC guidelines on what this could mean for the entire crypto community and stablecoins, even in the future. дальше »
2021-1-7 21:00 | |
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US Federal Regulator Allows Banks to Issue or Use Stablecoins for Payments
The Office of the Comptroller of Currency has announced on January 4 that financial institutions like banks can now make use of stablecoins and blockchains to process payments, via a letter. The OCC informed banks that they could use these new methods as long as they comply with regulations and best banking practices in the US.Read More дальше »
2021-1-6 11:00 | |
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BambooDeFi Kick Off an Initial Exchange Offering
Great news for crypto enthusiasts. Starting with the 25th of December, the team of BambooDeFi puts on the line a Bamboo Token IEO that will be listed on CHAINNX. That means a new chance for people from the entire world to get their independence from banks and other centralized entities. дальше »
2020-12-21 18:45 | |
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Financial Crimes Enforcement Network Proposes New Rules For Crypto Wallets
The US Treasury Department reveals that the Financial Crimes Enforcement Network (FinCEN) has proposed new rules for cryptocurrency wallets. According to the US Department of Treasury’s announcement, the proposed rules require banks and other financial firms to keep records of verified customer’s identities and submit them. дальше »
2020-12-20 17:30 | |
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Chris Wood Reduces Pension Fund Gold for BTC
Gold becomes digital gold On Dec. 19, 2020, Bitcoin broke a new all-time-high of over $24,000. This brought memories of the 2017 bull run, but with more backing by fundamentals. Since 2017, banks and Wall Street moguls like Jamie Dimon of JP Morgan (JPM) have done 180’s about blockchain technology or Bitcoin (BTC). дальше »
2020-12-20 23:20 | |
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FinCEN’s Crypto Rule Is The “Definition of Bad Regulation;” Market’s Lack of Reaction Is Bullish
The Financial Crimes Enforcement Network (FinCEN) issued its new proposed rule extending anti-money laundering (AML) regulation to non-custodial wallets on Friday. Under the latest proposed rules, banks and money service businesses that involve exchanges and custodians would be required to keep records and verify the identity of customers transacting greater than $3,000. дальше »
2020-12-20 16:23 | |
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2021: The Year of Quppy And The Evolution of Banks As A Service (BaaS)
2020 has been a year unlike any other in terms of dramatic life change. Throughout history, any phases of challenge or uncertainty led to a mass disruption of the traditional systems in place and ushered in a new societal revolution. дальше »
2020-12-10 16:12 | |
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Expert expects new high despite Bitcoin hitting $19K
Let’s have a look at what our Influencers feel! CPH on BTC Bull Run: Bitcoin is in the sweet spot and looks bullish for the future. Indian banks to offer Crypto Services across its 34 branchesThe post Expert expects new high despite Bitcoin hitting $19K appeared first on AMBCrypto. дальше »
2020-12-8 15:15 | |
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CBDCs and Interoperability: Bridging the Gap in Innovation
Central Banks will play a critical role in the new, modern global financial infrastructure that blockchain technologies will undoubtedly underpin. Central Bank digital currencies (CBDCs) are an important development for Central Banks, allowing for the continuation of sovereign monetary policy in a digital asset world—to the benefit of billions of people around the world. дальше »
2020-12-4 22:00 | |
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Bitcoin (BTC) price corrects after hitting a new all-time high
Bitcoin (BTC) price touched an all-time high on Monday to continue its impressive rally this year thanks to a surge in demand from retail and institutional investors. Fundamental analysis: Increase in institutional demand The world’s largest cryptocurrency surged over 170% year-to-date, boosted by an increase in demand for safe-haven assets as a result of unprecedented fiscal and monetary stimulus from central banks around the world, and thanks to its appeal as a hedge against inflation. дальше »
2020-12-2 17:15 | |
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Chinese Banks Suspend New Gold Trading Accounts Creation Amid Price Slump
Commercial banks in China are suspending the creation of new gold and precious metal trading accounts amid massive volatility in the market. Positive coronavirus vaccine trial news has seen a pivot from haven assets to riskier investment instruments causing a significant decline in precious metal prices. дальше »
2020-11-28 12:32 | |
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CBDC’s Offer Better Privacy Propositions Than Big Tech Digital Currencies: New York Fed
The research paper titled, “Monetizing Privacy,” by Rodney Garratt Professor of Economics at the University of California, Santa Barbara (UCSB) and Michael Lee, an economist at Federal Reserve Banks – Federal Reserve Bank of New York, states that central bank digital currency (CBDCs) will outperform the private company-based stablecoins such as Libra in protecting the […] The post CBDC’s Offer Better Privacy Propositions Than Big Tech Digital Currencies: New York Fed first appeared on BitcoinExchangeGuide. дальше »
2020-11-25 22:43 | |
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Ripple looks for a new director to convince central banks on XRP benefits
San Francisco startup Ripple is planning to bring its XRP Ledger to the central bank digital currencies (CBDCs) environment. As a result, a new job listing reveals that the company is looking to call in the services of a senior director of central bank engagements. дальше »
2020-11-24 16:28 | |
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US regulator wants to stop banks from blacklisting legal businesses, crypto included
New rule-making aims to stop "creeping politicization of the banking industry," says OCC head.
дальше »2020-11-21 23:00 | |
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Sologenic launches SoloNex: A tokenization brokerage solution on the XRP Ledger
Sologenic, a market ecosystem built on top of the XRP Ledger, today has announced SoloNex, the solution is designed to benefit banks, brokerage houses, investment firms, and exchanges globally to provide new services or improve the existing services using blockchain technology. дальше »
2020-11-19 04:58 | |
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300 Banks in Germany Charge Negative Interest Rates Including Deutsche Bank, Commerzbank, ING
A new report reveals that more than 300 banks in Germany are now charging some customers negative interest rates. Some are big global banks, including Deutsche Bank, Commerzbank, and ING. 300 Banks Pass on the Burden of Negative Interest Rates to Customers Banks in Germany have been increasingly passing on the burden of negative interest […] The post 300 Banks in Germany Charge Negative Interest Rates Including Deutsche Bank, Commerzbank, ING appeared first on Bitcoin News. дальше »
2020-11-16 01:30 | |
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Ripple CTO On Why XRP Is Facing Low Adoption By Banks Despite Solid Infrastructure
By design, Ripple’s XRP is considered the best well-established cryptocurrency for banking institutions, especially for cross border remittance services. However, despite high compliance levels and well-developed new financial products by Ripple, banks have remained rigid to XRP. дальше »
2020-11-4 22:44 | |
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Swiss central bank and BIS team up for a crypto project
The Bank of International Settlements (BIS), also known as the Central Bank of Banks, is teaming up with the central bank of Switzerland on a new project. The project in question is a CBDC pilot, according to a BIS executive, which should be ready by the end of the year. дальше »
2020-10-27 11:41 | |
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Italy has around 100 banks formally operating on blockchain
Italian banks are rapidly migrating to the country’s official banking blockchain network, Spunta. The latest addition includes 42 new banks, which has raised the total number of banks operating on blockchain to around 100 institutions. дальше »
2020-10-14 11:50 | |
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Survey Shows Banks and Governments Still View Crypto as Risky
The Royal United Services Institute (RUSI), the UK’s “leading” defense and security think tank, has released the findings of a new survey on perceptions of the crypto industry. Conducted in partnership with the Association of Certified Anti-Money Laundering Specialists (ACAMS) and market research firm YouGov, the survey represents 566 unique responses from across the global […] The post Survey Shows Banks and Governments Still View Crypto as Risky appeared first on BeInCrypto. дальше »
2020-9-30 18:30 | |
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Transfer Money in Nigeria Instantly with Cryptocurrencies using Cryptofully.com
Cryptofully. com is offering Nigerian investors from around the world to transfer money to Nigeria in a simple two-step process through Bitcoin. 12 September 2020, Lagos. Cryptocurrency owners can now send funds across the world to Nigerian Naira accounts without the requirement of registering on a new platform. дальше »
2020-9-29 19:46 | |
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