Singapore’s Largest Bank Reportedly Holds Over $650 Million Of ETH

Nansen, a blockchain analytics firm, is strongly convinced that one Ethereum addressing controlling a whopping 173,700 ETH worth over $650 million at spot rates belongs to the DBS Bank, the largest bank in Singapore. дальше »

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Former banker sentenced to 41 months for crypto fraud

Rashawn Russell, a former Deutsche Bank executive, also intended to commit fraud with stolen bank cards.

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SEC commissioner Hester Peirce proposes shared US-UK digital securities sandbox

SEC commissioner Hester Peirce proposed a shared digital securities sandbox between the US and the UK on May 29. The proposal would extend the Bank of England and FCA’s joint digital securities sandbox (DSS) — which is set to accept UK applications this summer — to US firms. дальше »

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Hester Peirce proposes for cross-border digital securities sandbox

SEC Commissioner Hester Peirce proposed a cross-border digital securities sandbox in response to a joint consultation by the Bank of England and the Financial Conduct Authority (FCA). The proposal aims to foster innovation and enhance regulatory oversight by allowing firms… дальше »

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Singapore’s Largest Bank Emerges as a Major Ethereum Holder

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Singapore’s DBS Bank identified as major Ethereum whale with $650 M in ETH holdings

DBS Bank Ltd, Singapore’s largest banking corporation, has been identified as a significant Ethereum whale, holding approximately $650 million worth of ETH, according to on-chain analytics firm Nansen. дальше »

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Singapore’s largest bank DBS holds $650 million in ETH: Nansen

Singapore’s DBS bank holds over 173. 7k ETH worth $650 million. Blockchain analytics plaform Nansen identified a whale wallet with the ETH as belonging to the bank. DBS, Singapore’s largest bank that boasts nearly $740 billion in assets, holds Ethereum (ETH) worth $650 million. дальше »

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Singapore's Largest Bank DBS Is an Ether Whale With Nearly $650M in ETH: Nansen

The address has already made $200 million from its ether holdings. дальше »

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Bank of Israel launches “Digital Shekel Challenge” to innovate CBDC payment systems

Bank of Israel has launched “Digital Shekel Challenge” to develop CBDC payment solutions. Participants of the challenge will access a prototype system to create innovative digital shekel uses. дальше »

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Deutsche Bank sees blockchain as key to tackling margin compression

Deutsche Bank AG has announced its strategic push into blockchain technology as a potential remedy for the margin compression challenges facing the financial services industry, Bloomberg News reported on May 29. дальше »

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Fold Will Be Your Bitcoin Bank With CEO Will Reeves

As Fold enters its third chapter, it aims to not only help users around the world accumulate bitcoin but conveniently use it to meet their daily financial needs. дальше »

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Israel to Start Digital Shekel Challenge to Develop Payment Use Cases

Israel's central bank is launching a challenge on the use of a central bank digital currency in payments as part of an "action plan for a possible issuance of the digital shekel." дальше »

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Deutsche Bank tests Ethereum-based platform to mitigate margin compression

German banking giant Deutsche Bank AG views blockchain technology as a means to mitigate margin compression. A new report suggests that Deutsche Bank is testing an Ethereum-based platform whose name was not specified. дальше »

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Israel launches digital shekel CBDC experiment for payments

The Bank of Israel launched the CBDC experiment taking inspiration from the Project Rosalind carried out by the BIS Innovation Hub. дальше »

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Israel starts digital shekel pilot

The Bank of Israel is launching the so-called Digital Shekel Challenge, inviting diverse sectors to develop applications for a potential central bank digital currency. The Bank of Israel is moving forward with its digital currency also known as the digital… дальше »

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UK Bank to ban customers from performing crypto transactions starting May 30

Starting May 30, U.K. digital bank Kroo will prohibit its customers from conducting cryptocurrency transactions.  Kroo, a London-based digital bank, has announced that it will no longer allow its customers to conduct crypto transactions. This decision is in response to… дальше »

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China’s Industrial Bank rewards digital yuan spending with carbon credits

Industrial Bank (CIB) introduces carbon credit rewards for digital yuan use, promoting green finance and expanding the e-CNY ecosystem. The post China’s Industrial Bank rewards digital yuan spending with carbon credits appeared first on Crypto Briefing. дальше »

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Cambodia’s central bank chief says digital currency will bolster local fiat

Cross-border QR code payments via Cambodia’s digital currency are poised to boost the use of the riel, according to central bank governor Chea Serey. The National Bank of Cambodia‘s new digital currency, Bakong, is poised to significantly boost the use… дальше »

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Британский Kroo Bank прекратил поддержку входящих и исходящих криптотранзакций

Британский банк Kroo запретил совершать транзакции с криптовалютами своим клиентам, чтобы обезопасить их от потери средств в связи с участившимися случаями криптовалютного мошенничества. дальше »

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Binance’s share among Russian web traffic plunged by 30%, central bank says

Russians are increasingly seeking new crypto platforms following Binance’s exit from the market, according to the Bank of Russia. Binance‘s departure from Russia has led to a drastic shift in web traffic as Russians started seeking new alternatives, according to… дальше »

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Экс-директор Heartland Tri-State Bank признал вину в краже $47 млн ради инвестиций в криптовалюты

Бывший исполнительный директор банка Heartland Tri-State Bank признал вину в присвоении $47,1 млн для инвестиций в криптовалюты, что привело к банкротству банка и потере капитала его клиентов. дальше »

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WEF raises concerns over quantum computing risks to CBDCs, cryptographic encryption

The World Economic Forum (WEF) has issued a stark warning about the vulnerabilities in central bank digital currencies (CBDCs), urging the implementation of quantum-resistant strategies to safeguard these digital currencies from emerging cybersecurity threats. дальше »

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Standard Chartered Analyst Says Bitcoin Is Set For A New ATH Above $73,700, You Won’t Believe The Timeline

Analysts from leading international cross-border bank, Standard Chartered have made a bold prediction that Bitcoin could witness a significant rise to new all-time highs above $73,700. This projection, slightly higher than the cryptocurrency’s previous peak, comes with an unexpected and wholly ambitious timeline. дальше »

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Pepe’s surge to new high ignites memecoin interest, boosts KangaMoon

Pepe (PEPE) price hit a new all-time high today, with upside momentum driving interest in other memecoins. As traders bank on more gains for PEPE amid the rising optimism around spot Ethereum ETF approval, a look at the broader market suggests Bonk, Floki and Dogwifhat among others could be poised for a massive rally. Here’s […] дальше »

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BoE regulatory 'culture shift' could open door to new tech

The Bank of England's proactive regulatory shift aims to integrate emerging technologies, highlighted by the introduction of the Digital Securities Sandbox. дальше »

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ESTR Pricing Rate Cuts Sooner Than Fed

Euro Short-Term Rate Futures are expecting the European Central Bank to cut rates sooner and deeper than the Fed. дальше »

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Central Bank of Brazil Targets Complete Crypto Regulation by 2024

The Central Bank of Brazil plans to finalize crypto regulations by 2024 to enhance market transparency and investor protection. The post Central Bank of Brazil Targets Complete Crypto Regulation by 2024 appeared first on BeInCrypto. дальше »

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Standard Chartered anticipates spot Ethereum ETFs approval this week

Standard Chartered expects SEC approval of Ethereum ETFs this week. The bank predicted inflows of $15-45 billion that could drive ETH price to $8,000 by the end of 2024. Ether’s price has surged 19% in the past 24 hours, reflecting the optimism in the market. дальше »

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Alchemy Pay to launch a Web3 Digital Bank for smooth fiat-crypto conversion 

Alchemy Pay, a renowned crypto-fiat payment provider, has revealed plans to launch a Web3 Digital Bank. Global enterprises can leverage this initiative to open and run many accounts, manage cash flows, and facilitate smooth fiat-crypto conversion. дальше »

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Institutional Bitcoin Adoption: Insights from Nathan McCauley, CEO of Anchorage Digital

The CEO of the first federally-chartered bitcoin bank believes that institutions are ready to engage with Bitcoin and that his company is well-positioned to serve them. дальше »

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Top 4 Cryptos Under $1 for Quick Gains in May

As the bull run of 2024 charges forward, the search is on for cryptocurrencies that promise attractive short-term returns without breaking the bank. Strategic investments in coins trading under the $1 threshold can lead to significant financial rewards. дальше »

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US authorities bust $73M crypto scam, make two arrests

The scammers convinced victims to transfer millions of dollars into U.S. bank accounts, which were then used to launder the illicit funds. дальше »

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US arrests two Chinese nationals in $73 million crypto scam

US authorities arrested Daren Li and Yicheng Zhang in connection with a $73 million money laundering scheme. The defendants laundered the money via US and international bank accounts. Proceeds of the investment scam were converted to the USDT stablecoin. дальше »

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Morgan Stanley Latest Bank to Disclose Spot Bitcoin ETF Holdings for Clients

Morgan Stanley was the owner of $269.9 million of Grayscale’s Bitcoin Trust (GBTC) as of March 31, a 13F filing showed. дальше »

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Coinbase Upgraded to Neutral From Underperform at Bank of America on Positive Crypto Market Dynamics

The current macro backdrop has been positive for crypto market cap growth and trading volumes, the report said. дальше »

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Hong Kong debuts China’s digital yuan pilot, prohibits peer-to-peer transfers

China’s central bank digital currency is now available in Hong Kong, as Beijing is pushing hard to digitize its economy. China has started its first pilot outside the mainland, with digital yuan now available in Hong Kong‘s local shops, according… дальше »

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LINK Price Jumps 20% Amid Chainlink's US Bank Pilot Program

Smart NAV by DTCC and Chainlink aims to bring trusted data to blockchain networks дальше »

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Bitcoin Mining Cost Drops to $45K as Inefficient Miners Exit: JPMorgan

The bank sees limited upside for the bitcoin price in the near term due to a number of headwinds. дальше »

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RockTree Capital Unveils Cyberpunk Crypto Future In New Website

RockTree Capital, a leading crypto-native fund and merchant bank headquartered in Beijing, announces the launch of its immersive website, showcasing a futuristic film-noir concept: the Cyberpunk Crypto City. дальше »

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Federal Reserve President Slams Bitcoin

Minneapolis Federal Reserve Bank President Neel Kashkari is yet to warm up to Bitcoin дальше »

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Deutsche Bank joins Singapore’s Project Guardian to advance asset tokenization

Deutsche Bank joins Singapore's Project Guardian to advance asset tokenization, collaborating with Memento Blockchain and Interop Labs to drive innovation in DeFi. The post Deutsche Bank joins Singapore’s Project Guardian to advance asset tokenization appeared first on Crypto Briefing. дальше »

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Deutsche Bank joins Singapore’s Project Guardian

Deutsche Bank, a leading German multinational investment bank, has announced its latest move in the crypto and blockchain space. As well as MAS, the collaboration also includes Web3 interoperability platform Axelar Network and Memento Blockchain. дальше »

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Deutsche Bank joins Singapore's asset tokenization project

Deutsche Bank joined Singapore’s tokenization project soon after reiterating skepticism about transparency about the world’s largest stablecoin, Tether. дальше »

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Deutsche Bank selects Axelar developer as partner in joining Project Guardian Singapore

Deutsche Bank has shown increased interest in digital assets and tokenization by joining the Monetary Authority of Singapore’s Project Guardian. This initiative tests asset tokenization applications in a regulated environment, focusing on the viability and potential integration within the financial markets. дальше »

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Philippines' Central Bank Gives Approval to Coins.ph to Pilot Stablecoin in Key Remittance Market

Philippines' central bank has given its approval to digital currency exchange Coins.ph to pilot a Philippine Peso backed stablecoin called PHPC, the company said last week. дальше »

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China Takes Down $295M Crypto Underground Bank: Beginning Of A Bigger Crackdown?

Chinese law enforcement has disrupted a covert banking network that leveraged cryptocurrencies to execute unauthorized foreign exchange transactions totaling around 2. 14 billion yuan ($295. 8 million). дальше »

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Swiss bank UBS holds 3,600 shares in BlackRock’s iShares Bitcoin Trust, SEC filings show

UBS Group AG's 13F filing reveals a significant stake in BlackRock's iShares Bitcoin Trust (IBIT), signaling growing institutional interest in crypto. The post Swiss bank UBS holds 3,600 shares in BlackRock’s iShares Bitcoin Trust, SEC filings show appeared first on Crypto Briefing. дальше »

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China's Digital Yuan Isn't Taking Off Despite State Employee Salary Trial: Report

Most of the early recipients immediately transfer the digital yuan balances to their bank accounts to spend as cash. дальше »

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Cecabank Invests in Bit2Me to Support the Boost of the API for Banks

Bit2Me, the leading digital assets company in the Spanish-speaking market and registered with the Bank of Spain, has just closed an investment agreement with Cecabank aimed at boosting the growth of Bit2Me’s API offered to Spanish and international institutions, companies, banks, and financial entities. дальше »

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Chinese Police Bust $296M Illegal Crypto-Based Currency Operation: Report

Police in Panshi City, Jilin arrested six people for running an "underground bank." дальше »

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