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US Senators Warren, Sanders Ask Key Bank Regulator to Rescind Crypto Guidance
U.S Senators Elizabeth Warren (D-Mass.), Bernie Sanders (I-Vt.), Richard Durbin (D-Ill.) and Sheldon Whitehouse (D-R.I.) asked the Office of the Comptroller of the Currency to rescind interpretative letters allowing banks to engage in crypto activities, and explain how involved banks are becoming in crypto. дальше »
2022-8-11 20:19 | |
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Nepal Looks to Launch Digital Currency as Central Bank Approves Study
Central Bank Digital Currencies (CBDCs) are the latest buzz among central banks and Nepal is looking to ride the wave to create a digital version of its national currency. The post Nepal Looks to Launch Digital Currency as Central Bank Approves Study appeared first on BeInCrypto. дальше »
2022-8-9 16:00 | |
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Here's Why Portuguese Banks Are Closing Crypto Exchange Accounts
In the past year, at least three exchanges have had their accounts shut down with major Portuguese banks, despite obtaining regulatory approval to operate in the country. And although some anticipate the MiCA bill to allow exchanges to do so, others are pessimistic about its reach. дальше »
2022-8-5 00:45 | |
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Pictet Group tells private banks to stay away from crypto
Amid the current market meltdown, Swiss wealth management firm Pictet Group is cautioning private banks against investing in crypto, Bloomberg News reported Aug 4. The post Pictet Group tells private banks to stay away from crypto appeared first on CryptoSlate. дальше »
2022-8-5 00:00 | |
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Crypto Winter Gets Chilly for Portuguese Exchanges as Local Banks Close Accounts
Three crypto companies in Portugal have been left stunned at the decision of key banks to close their accounts. The post Crypto Winter Gets Chilly for Portuguese Exchanges as Local Banks Close Accounts appeared first on BeInCrypto. дальше »
2022-8-5 23:30 | |
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Senator Warren takes aim at changing rules on crypto offerings from banks
Senator Elizabeth Warren (D-Mass. ) is circulating a letter among her Senate colleagues that would withdraw legal guidance for banks holding and trading cryptocurrencies, Bloomberg News reported August 4. дальше »
2022-8-5 23:00 | |
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Crypto Accounts Are Being Deactivated In Portugal’s Major Banks – Here’s Why
“Crypto-friendly” banks in Portugal have started deactivating accounts of digital currency exchanges, which could be a sign of things to come. Banking giant Banco Comercial Portugues, the largest publicly traded bank in Portugal, terminated all of the accounts of the Lisbon-based crypto trading platform CriptoLoja last week. дальше »
2022-8-5 20:09 | |
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Portuguese banks shut accounts of crypto exchanges
Banks in Portugal are closing the accounts of crypto exchanges in what seems to be a u-turn in the country’s pro-crypto policies, Bloomberg News reported on August 3. The post Portuguese banks shut accounts of crypto exchanges appeared first on CryptoSlate. дальше »
2022-8-4 18:00 | |
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Revolutionizing financial mobility with Akt.io
Finance has always been an exciting sector for both novice and professional traders/investors. Banks are considered the centerpiece of traditional finance. Getting loans and creating accounts in brickThe post Revolutionizing financial mobility with Akt.io appeared first on AMBCrypto. дальше »
2022-8-1 12:45 | |
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How to Buy Bitcoin With Bank Account Instantly
As more and more retail banks start to embrace cryptocurrency, crypto on-ramps are much more common than they used to be. That should be great news for everyone, but remember that banks are in direct competition with decentralized cryptocurrencies. дальше »
2022-7-30 18:04 | |
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Deposits at non-bank entities, including crypto firms, are not insured — FDIC
The government agency said that while deposits at insured banks were covered for up to $250,000, no such protections applied to those at crypto companies. дальше »
2022-7-30 00:00 | |
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Sky-High Yields and Bright Red Flags: How Alex Mashinsky Went From Bashing Banks to Bankrupting Celsius
How could Celsius Network pose “much less risk” than banks, as its CEO claimed, but pay eye-popping returns? It sounded too good to be true. There were other warning signs from the start. дальше »
2022-7-28 20:08 | |
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Private Sector Could Be Better Placed To Issue Digital Tokens, Says Australia Reserve Bank Governor
Digital money is drawing the attention of the public, regulators, and governments worldwide. Several central banks are already at different stages of exploring the role of Central Bank Digital Currencies (CBDCs) in the monetary and payments systems. дальше »
2022-7-28 15:22 | |
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UK banking giant Barclays acquires stake in $2B crypto unicorn Copper
Crypto custody firm Copper has raised significant capital from one of the United Kingdom’s largest banks, Barclays, which is looking to acquire a stake in the firm, Sky News reported. The post UK banking giant Barclays acquires stake in $2B crypto unicorn Copper appeared first on CryptoSlate. дальше »
2022-7-25 16:20 | |
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Taiwan Set to Ban Purchase of Crypto With Credit Cards
Taiwan’s financial regulator has issued new requirements for banks and credit card companies preventing them from allowing credit cards as a means of payment for virtual asset services. The post Taiwan Set to Ban Purchase of Crypto With Credit Cards appeared first on BeInCrypto. дальше »
2022-7-23 16:30 | |
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South Korea: The LUNA investigation is leading the FSC to check...
Financial watchdogs in South Korea are checking commercial banks' foreign exchange transactions for the illegitimate use of cryptocurrencies. An unnamed Financial Supervisory Service official said The post South Korea: The LUNA investigation is leading the FSC to check... appeared first on AMBCrypto. дальше »
2022-7-22 21:30 | |
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Nigerian banks impede e-Naira adoption over concerns it will impact banking revenue
Nigerian banks are reluctant to promote Nigeria’s low-cost central bank digital currency, e-Naira, due to concerns of losing revenue. The post Nigerian banks impede e-Naira adoption over concerns it will impact banking revenue appeared first on CryptoSlate. дальше »
2022-7-20 17:00 | |
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Nigerian Commercial Banks ‘Apathetic’ Over CBDCs, says Governor
Nine months after launching the eNaira, the head of Nigeria’s central bank has criticized commercial banks over its lack of adoption. The post Nigerian Commercial Banks ‘Apathetic’ Over CBDCs, says Governor appeared first on BeInCrypto. дальше »
2022-7-20 13:30 | |
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FBI Raises Alarm On Crypto Cyber Fraud, Says $42.7 Million Lost Since December
The Federal Trade Commission (FTC) issued a consumer alert last month regarding the growing risk of crypto frauds. The FBI is now adding its voice to the chorus by issuing its own warning. FBI Cautions Against Crypto Scam Apps The agency is alerting banks and investors about an eight-month period of increased cybercrime activity involving […] дальше »
2022-7-20 04:16 | |
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Reserve Bank Of India Considering Outright Crypto Ban, Says Finance Minister
The Reserve Bank of India doesn’t appear as intrigued by the emerging crypto technology as other central banks. While the apex banks of countries like the U.K. and Australia are looking to define regulations that would foster the growth of crypto assets in their respective jurisdictions, the Reserve Bank of India is looking to ban […] дальше »
2022-7-19 18:30 | |
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Harvard professor says central banks are ‘behind the curve’ on crypto regulation
Kenneth Rogoff, a Harvard University professor of economics and public policy, says central banks… The post Harvard professor says central banks are ‘behind the curve’ on crypto regulation appeared first on CoinJournal. дальше »
2022-7-19 23:12 | |
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US Treasury Open to Nonbanks Issuing Stablecoins, Official Says
As Congress considers a path for nonbanks to be allowed to issue stablecoins, Nellie Liang, the U.S. Treasury Department’s undersecretary for domestic finance, says that’s fine with the agencies that once recommended issuers be regulated as banks. дальше »
2022-7-19 21:56 | |
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Stablecoin Bill Won’t Force All Issuers to Be Banks, Congressman Says
Congress may rebuff U.S. regulators who wanted stablecoins to be the exclusive territory of banks, according to a lawmaker familiar with a legislative effort now in motion. Democrats on the House Financial Services Committee have been working on requirements that may not be as restrictive as the Treasury Department and financial regulators had asked. дальше »
2022-7-18 16:38 | |
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Australian Central Bank Chief Believes Regulated Private Tokens Could Be Better Than CBDCs: Report
Digital currencies focused on consumers and regulated could be better when privately issued rather than by central banks, according to Australian central bank governor. дальше »
2022-7-18 13:46 | |
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56% of banks say DLT and crypto are 'not a priority' in near future — Fed survey
Many respondents from major banks said the technology would likely be unimportant for liquidity management practices until 2027.
дальше »2022-7-16 22:45 | |
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Withdraw your coins to safety with a Trezor hardware wallet
Bitcoin was created to be owned by individuals without anyone else involved. To keep Bitcoin secure, people have to hold their keys themselves. That can seem tricky since most people depend on banks tThe post Withdraw your coins to safety with a Trezor hardware wallet appeared first on AMBCrypto. дальше »
2022-7-14 14:00 | |
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CeFi Should Be Regulated Like Traditional Banks, Says DeFi Boss
Recent difficulties at Celsius, BlockFi, Babel, Vauld and Novi demonstrate the fundamental flaws of centralized finance (CeFi), and clearly demonstrate why centralized operators require far stronger regulatory oversight. дальше »
2022-7-11 16:30 | |
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The case for Bitcoin strengthens as Chinese bank depositors riot over frozen accounts
Social media footage shows crowds of angry people in Zhengzhou, the largest city in Henan province, protesting the freezing of accounts by some rural banks. The post The case for Bitcoin strengthens as Chinese bank depositors riot over frozen accounts appeared first on CryptoSlate. дальше »
2022-7-12 15:30 | |
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Why Analysts Are Bullish on Chronoly (CRNO), Binance (BNB), and Cardano (ADA)
Cryptocurrency may have started over 13 years ago as a Wild West dominated by mavericks, today the crypto market is a force to reckon with among financial institutions. Big banks and other financial service providers give it serious attention despite recent market downturns and regulatory crackdowns in different parts of the world. дальше »
2022-7-11 12:43 | |
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Banks’ exposure to risky cryptocurrencies should be limited to 1%, Basel Committee proposes
Banks’ exposure to cryptocurrencies should be capped at 1% of Tier 1 capital, the Basel Committee on Banking Supervision of the Bank for International Settlements (BIS) recommended in a consultation paper on June 30. дальше »
2022-7-1 02:40 | |
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Neobanks Set to Prevent Crypto Exchanges From Entering Their Territory by Launching Crypto Products
The showdown between neobanks and cryptocurrency exchanges will be fierce, as a large number of banks are looking to dabble in cryptocurrency offerings. In return, the exchanges have begun offering the traditional banking services of lending and borrowing and issuing credit and debit cards. дальше »
2022-6-30 19:32 | |
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Celsius carried more risk than traditional banks, investor documents show
Crypto lending platform Celsius (CEL) was riskier for users than traditional banks, according to a report by The Wall Street Journal based on investor documents. The post Celsius carried more risk than traditional banks, investor documents show appeared first on CryptoSlate. дальше »
2022-6-30 23:30 | |
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Russian Lender Executes Country’s First Digital Asset Transaction
One of the largest state banks in Russia, VTB, reportedly executed the country's first cash-backed digital financial asset transaction with a fintech company. The post Russian Lender Executes Country’s First Digital Asset Transaction appeared first on BeInCrypto. дальше »
2022-6-30 23:15 | |
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Voyager Digital facing insolvency, echoes of 2008 in crypto markets
2008 echoes The crypto contagion continues to ripple. What we are witnessing in the cryptocurrency markets is similar to what Wall Street banks went through in 2008. That is, overleveraged firms staring insolvency in the face following reckless lending and boundless greed during a historic bull run. дальше »
2022-6-29 22:36 | |
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Fintech services platform Colendi acquires enterprise blockchain company SETL
Colendi, the fastest-growing embedded fintech services platform in Turkey and surrounding regions, today announced it has acquired London-based blockchain settlements and payments provider SETL. Launched in 2015, SETL is an enterprise blockchain company known for its high-profile work with selected central banks and T1 financial institutions. дальше »
2022-6-28 20:17 | |
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