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BBVA’s Metaverse Move: Future of Banking?
BBVA partners with Legendaryum Metaverse to reshape remote relationship dynamics and introduce immersive banking experiences. The post BBVA’s Metaverse Move: Future of Banking? appeared first on NFT News Today. дальше »
2023-8-8 20:30 | |
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Crypto-Friendly Bank Revolut Shuts Down Services In The US
Global neobank and financial services company, Revolut shocks the US crypto community with news of its decision to discontinue and prohibit cryptocurrency services for its US customers. Revolut’s US crypto termination decision is a significant setback for US users who use the banking platform to access and manage their cryptocurrency assets. The news could possibly […] дальше »
2023-8-5 01:00 | |
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Bitcoin Miners’ Profit Hopes Pinned on BTC Surge Beyond $98K Before Halving Event, Analysis Shows
“Publicly-Traded Bitcoin Mining Firms Banking on BTC to Surpass $98K Before 2024 Halving to Ensure Profitability Amidst the recent dip below the $30,000 mark, forecasts persist of Bitcoin’s ascent into six-figure territory by the close of 2024 at a value of $29,028. дальше »
2023-8-5 22:11 | |
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US exodus as Revolut now ‘suspends’ crypto access in country amid regulatory uncertainty
Amid the evolving landscape of crypto regulation in the United States, financial technology company Revolut has announced it is “suspending” crypto services in the US. A Revolut spokesperson told CryptoSlate, the company, together with its US banking partner, will suspend access to cryptocurrencies for its US customers starting Sept. дальше »
2023-8-4 15:01 | |
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Figure Abandons Quest to be U.S. Chartered Crypto Bank After Three-Year Fight
Figure Technologies, Inc., has pulled its application to become a federally chartered bank in the U.S., ending a three-year rollercoaster ride as regulators clamped down on crypto activity and digital assets banking suffered a black eye when regional lenders associated with the tech world cratered earlier this year. дальше »
2023-8-4 23:50 | |
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Wrapping Crypto in a Bank is Not Enough: Building a Holistic Crypto Experience Requires More Than Just Banking as a Service
In the relentless pursuit of technological innovation, Fiat Republic's Anna Wojcik asks, has the cryptocurrency world lost sight of the human being at the other end of the screen? дальше »
2023-8-1 15:00 | |
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Why BlackRock thinks you should own 85% Bitcoin
Blackrock's new report revealed that firms strongly believe in keeping BTC in their portfolios. Retail investors showed interest, and reached an all-time high. Large banking institutions andThe post Why BlackRock thinks you should own 85% Bitcoin appeared first on AMBCrypto. дальше »
2023-7-28 07:30 | |
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Taking Crypto Risk: $14-Billion Spanish Bank Seeks Success With New Fund
Spanish bank A&G, known for its specialization in private banking services, took a big step by introducing the maiden crypto fund to be regulated under Spanish law. Boasting an impressive portfolio with assets under management reaching a staggering 12. дальше »
2023-7-27 14:11 | |
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Italy’s Central Bank Taps Polygon, Fireblocks DeFi Project to Help Institutions Dabble With Tokenized Assets
The initiative aims to help Italian banks, asset managers and financial institutions, including the $1 trillion banking group Intesa Sanpaolo, experiment with decentralized finance and security tokens. дальше »
2023-7-27 17:00 | |
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Binance losing EU Banking Partner Paysafe, while Traders use Avorak AI to mitigate volatility
The recent events surrounding Binance and Paysafe have emphasized the importance of adaptability and robustness in the industry. While some watchers suggest this could cause significant impact on crypto prices, the recent launch of Avorak AI provides a ray of hope for traders seeking ways to navigate the challenging volatility of cryptocurrencies. Is Binance in […] дальше »
2023-7-27 16:05 | |
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Bahamian payment company Island Pay turns to crypto amid high transfer costs
While Latin Americans face high money transfer costs and other challenges of traditional banking, Island Pay has stepped up to solve these issues. Bloomberg reported that the Bahamas payment company became the latest to offer cryptocurrency for remittance transactions. дальше »
2023-7-25 13:08 | |
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UK financial watchdog announces launch of permanent Digital Sandbox in August
According to the FCA, the sandbox will be open to businesses, startups and data providers, including those involved in banking, investment, lending and payments. дальше »
2023-7-21 19:00 | |
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Cathie Wood, ARK Invest still anticipate $1.5M Bitcoin after US banking crisis
ARK Invest CEO Cathie Wood has expressed that the company’s confidence in Bitcoin reaching a price of $1. 5 million within the next decade has increased. On Bloomberg TV on July 17, Wood commented that the aftermath of the regional banking crisis in March has made ARK’s “bull case” for Bitcoin increasingly likely. дальше »
2023-7-19 21:15 | |
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EU’s Banking Authority Calls For Preparation Ahead Of MiCA
The European Banking Authority (EBA) has released a statement today calling for early preparation in adopting the Markets in Crypto Assets (MiCA) regulations. Back in May, the European Council approved the newly formed MiCA regulations, becoming the first comprehensive regulatory framework for trading cryptocurrencies. дальше »
2023-7-13 23:00 | |
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European Banking Authority urges stablecoin issuers to comply with upcoming MiCA regulation
The European Banking Authority (EBA) has advised stablecoin issuers to prepare for the forthcoming Markets in Crypto-Assets (MiCA) regulation, which is scheduled to be implemented next year, as noted in a statement released on July 12. дальше »
2023-7-13 17:58 | |
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EU’s Financial Watchdog Publishes Proactive Stablecoin Standards
Staying one step ahead of regulatory mandates, the European Banking Authority (EBA), the financial regulator of the European Union, has requested that stablecoin issuers adopt proposed guiding principles concerning risk... дальше »
2023-7-12 16:39 | |
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European Banking Authority calls for early adoption of stablecoin standards
EBA officials anticipate a surge in stablecoin issuance in the coming months and have urged businesses to use its guiding principles before restrictions are implemented. дальше »
2023-7-12 14:55 | |
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European Banking Authority officials encourage early MiCA adoption
With the Markets in Crypto Assets (MiCA) rules set to fully launch in 2024, European Banking Authority has urged stablecoin issuers to comply with the upcoming regulatory framework. EU watchdogs remain dedicated to regulating the cryptocurrency market as the region establishes itself as a crypto hub. дальше »
2023-7-12 14:22 | |
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Unchained Announces New Signature Private Client Service
Members of the new service will receive special benefits, support and features akin to traditional premium banking services. дальше »
2023-7-12 18:36 | |
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Crypto Biz: Winklevoss slams Silbert, Twitter’s double-edged sword and more
This week’s Crypto Biz also explores Gemini’s fight with the Digital Currency Group (DCG) over user funds, new banking tools for the digital yuan, and OpenAI’s efforts to stop users from jumping paywalls. дальше »
2023-7-8 17:32 | |
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Gaining speed on tokenization is vital for UK’s financial future, banking group warns
UK Finance says it’s not too late for the United Kingdom to make up for other jurisdictions’ faster start to securities tokenization, and the country better do it if it wants to remain a global financial leader. дальше »
2023-7-7 00:45 | |
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Regulatory changes prompt Revolut to delist some cryptos in the US
Amidst a shifting regulatory landscape, digital banking service Revolut has announced its decision to discontinue support for Cardano's ADA, Polygon's MATIC, and Solana's SOL tokens on its US platform. дальше »
2023-7-3 21:37 | |
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Why some hedge funds are shorting U.S. banks
The U. S. banking market recently underwent its annual stress test conducted by the Federal Reserve. This exercise, designed to evaluate the resilience of banks in the face of economic downturns, revealed a mixed bag of results that could have far-reaching implications for the cryptocurrency market, particularly Bitcoin. дальше »
2023-7-3 10:00 | |
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Could Bank of America Be Next on the U.S. Banking Crisis List?
Bank of America faces $100 billion in bond market paper losses, according to the Federal Deposit Insurance Corporation. The bank's losses are part of an industry-wide issue, with total unrealized losses at a record $620 billion at U. дальше »
2023-7-3 08:59 | |
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Report: New EU Regulations Will Require Banks To Disclose Bitcoin Holdings
The European Union (EU) is making significant progress in the reform of its banking regulations, with a particular focus on bitcoin (BTC) and cryptocurrencies. The EU is now mandating that banks publicly disclose their holdings of crypto assets. дальше »
2023-7-2 12:53 | |
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Citigroup Explores Crypto Custody Partnerships, Re-evaluates Metaco Collaboration
Citigroup, a prominent banking institution, is reviewing its partnership with Metaco. This evaluation comes following the recent announcement by Ripple Labs regarding its acquisition of Metaco, a cryptocurrency custody firm, for $250 million. дальше »
2023-6-30 21:00 | |
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Citigroup Reviews Partnership With Metaco, in Talks With Other Crypto Custodians: Bloomberg
Banking giant Citigroup (C) is reviewing its partnership with crypto custody firm Metaco one month after Ripple Labs announced that it agreed to acquire Metaco for $250 million. дальше »
2023-7-1 15:22 | |
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Bank of Italy advocates new regulations following crypto winter fallout
Italy's leading banking authority has emphasized the need for a strong and risk-based regulatory framework surrounding stablecoins. дальше »
2023-6-30 19:37 | |
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Binance’s European Banking Partner, Paysafe, To Withdraw Support On September 25
In a notable development that underscores the mounting regulatory pressures faced by cryptocurrency exchange Binance, Paysafe Payment Solutions, its European banking partner, has chosen to sever ties and withdraw its support. дальше »
2023-6-30 18:50 | |
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Binance Loses Another Banking Partner Amid Global Regulatory Storm
Binance, the industrys biggest cryptocurrency exchange, is set to lose the support of its current euro banking partner, Paysafe Payment Solutions. The exchange has notified its users via email that... дальше »
2023-6-29 18:29 | |
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Binance loses euro banking Paysafe amid global regulatory scrutiny
Paysafe Payment Solutions, Binance’s European banking partner, said it would terminate support for Binance as it deals with regulatory challenges globally. Binance is reportedly searching for a new provider for euro deposits and withdrawals via the Single Euro Payments Area… дальше »
2023-6-29 14:45 | |
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Binance loses key European banking partner amidst regulatory woes
The top trading platform Binance continues to encounter global regulatory challenges. The Securities & Exchange Commission sued the exchange for violating investment laws early in June. You can read more about the firm’s recent developments here. дальше »
2023-6-29 12:50 | |
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Crypto debanking could drive industry underground: Australian Treasury
The Australian government is addressing the risks of cutting banking services to crypto exchanges amid a flurry of banks restricting certain services over scams. дальше »
2023-6-30 12:08 | |
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Binance’s EUR banking partner announces plan to halts support
Paysafe is Binance’s current EUR banking partner. Paysafe will not provide services to Binance users from 25th September 2023. The announcement comes, weeks after Binance. US announced its banking partners had warned to discontinue their services. дальше »
2023-6-29 11:02 | |
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Central bankers warn of further rate hikes at ECB Forum
U. S. Federal Reserve chair Jerome Powell along with top central bankers, said further policy rate hikes are on the horizon due to the sustained strength of the labor market in the country. Powell made the statement on June 28 during the ECB Forum on Central Banking in Portugal. дальше »
2023-6-29 20:00 | |
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Australia Acts on De-Banking of Crypto Entities, Supports Policy Recommendations to Tackle Issue
Australia's Treasury said on Wednesday it recognises the seriousness of de-banking and that it understands inaction could drive business underground after instances of banking partners cutting-off crypto platforms in the nation. дальше »
2023-6-28 13:42 | |
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