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RBI reportedly urging banks to cut ties with crypto exchanges and traders
The lack of rules for cryptocurrency trade in India is giving birth to policy grey areas that different stakeholders are using to their benefit. As per a Reuters report on 13 May 2021, India’s central bank, the Reserve Bank of India (RBI), has recently asked Indian banks, informally, to stop banking services to crypto trades. […] дальше »
2021-5-16 18:17 | |
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В ЦБ Норвегии не увидели в криптовалютах угрозу для фиата
Заместитель председателя Norges Bank Ида Волден Баш считает маловероятным, чтобы распространение криптовалют привело к "полному уничтожению кроны", но допускает широкое использование цифровых активов частным сектором. дальше »
2021-5-16 14:22 | |
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Southeast Asia’s Largest Bank DBS Launches Trust Service for Cryptocurrencies
DBS Group, Southeast Asia’s largest bank, has launched a trust service for cryptocurrencies for its private banking clients. The service allows clients to invest, store, and manage their cryptocurrencies in a safe, secure, and structured manner, the bank explained. дальше »
2021-5-15 16:30 | |
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Liberian Central Bank Asks Local Crypto Startup to Drop its Plan to Launch a Digital Asset
The Central Bank of Liberia (CBL) has warned against a local crypto startup’s plan to proceed with the introduction of a digital financial product without adhering to the required regulation. According to the CBL, this act will not only be illegal but this will likely “undermine the country’s financial system. дальше »
2021-5-15 06:30 | |
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Bank of Korea to Monitor Crypto Transactions Using Financial Records
South Korea’s monetary policy regulator, Bank of Korea, plans to obtain documents from financial institutions to track crypto transactions involving bank accounts. Cryptocurrency prices fluctuate independently from the real economy, the bank says, adding that market growth could pose a risk to the country’s financial system. дальше »
2021-5-15 05:00 | |
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DBS rolls out the first bank-backed crypto trust solution in Asia
DBS, a Singapore-based private bank has launched the first-ever bank-backed crypto trust in Asia. The bank reached this milestone by leveraging its fully-owned subsidiary, DBS Trustee. Through this launch, the bank seeks to offer its private banking clients an opportunity to invest, custodize, and manage up to four digital currencies in an organized manner. дальше »
2021-5-15 21:04 | |
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Investment Bank Cowen to Custody Crypto for Institutions, Signs Partnership With PolySign
Renowned investment bank Cowen Inc is set to make its foray into the cryptocurrency market. The firm would offer hedge funds and other asset managers crypto custody service through a partnership with fintech company PolySign Inc, per an official announcement. дальше »
2021-5-15 19:00 | |
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Bank of England deputy governor says stablecoins are a shift away from ‘public money’
Bank of England deputy governor Jon Cunliffe spoke about the growth of stablecoins and digital money in the UK during a speech yesterday at the OMFIF Digital Money Institute, London. The post Bank of England deputy governor says stablecoins are a shift away from ‘public money’ appeared first on CryptoSlate. дальше »
2021-5-15 19:00 | |
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Southeast Asia’s Largest Bank, DBS Starts Offering Trust Services for Cryptocurrencies
Meanwhile, the bank’s Digital Exchange did volume between $30 million to $40 million and held $80 million in assets under custody in Q1 2021. The post Southeast Asia’s Largest Bank, DBS Starts Offering Trust Services for Cryptocurrencies first appeared on BitcoinExchangeGuide. дальше »
2021-5-14 17:15 | |
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Investment Bank Cowen to Help Institutions Seamlessly Put Cryptocurrencies in Their Portfolios
Investment bank Cowen, founded in 1918, is launching a cryptocurrency service in partnership with Standard Custody & Trust Co. to help institutional clients “seamlessly secure, access and leverage cryptocurrencies and digital assets in their portfolios. дальше »
2021-5-14 16:30 | |
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Indian Central Bank Urging Lenders to Cut Ties With Crypto Exchanges
The Reserve Bank of India (RBI) is informally requesting that lenders cease their associations with crypto exchanges and traders. The post Indian Central Bank Urging Lenders to Cut Ties With Crypto Exchanges appeared first on BeInCrypto. дальше »
2021-5-14 14:51 | |
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UK will likely need to issue a digital currency, says BoE deputy governor
The Bank of England's deputy governor has argued that, with the possible rise of non-bank actors issuing currency, public money in digital form could serve as a crucial anchor for confidence in money as a social convention. дальше »
2021-5-14 14:15 | |
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Крупнейший банк Сингапура начнет хранить криптовалюты клиентов
Спрос на цифровые активы привел к возникновению новой кастодиальной услуги. DBS Private Bank, который является крупнейшим банком в Сингапуре и одним из ключевых управляющих активами в Азиатско-тихоокеанском регионе, открывает криптовалютные кастодиальные услуги через свою дочернюю организацию, DBS Trustee. дальше »
2021-5-14 13:39 | |
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India’s Central Bank RBI Urges Banks to Cut Ties With Crypto Businesses and Traders: Report
India’s central bank, the Reserve Bank of India (RBI), has reportedly informally asked banks to cut ties with cryptocurrency exchanges and traders. Some banks in India have limited their exposure to the crypto market and some plan to stop all crypto-related transactions. дальше »
2021-5-14 13:00 | |
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Крупнейший банк Сингапура запустил трасты на базе криптовалют
Подразделение DBS Bank для состоятельных клиентов добавило в продуктовую линейку инвестиционные трасты на базе биткоина, Ethereum, Bitcoin Cash и XRP. Об этом сообщает CoinDesk. Инструмент доступен в долларах США, японских иенах, национальных валютах Гонконга и Сингапура. дальше »
2021-5-14 12:51 | |
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ЦБ Бахрейна и JPMorgan протестируют блокчейн для совершения международных платежей
ЦБ Бахрейна объявил о сотрудничестве с американским банком JPMorgan Chase и Арабской банковской корпорацией BSC (Bank ABC), чтобы протестировать блокчейн для проведения международных расчетов. дальше »
2021-5-14 11:00 | |
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Official Remittances to Nigeria Plummet by Almost 40% in a Year When Crypto Use Surged
According to the latest data from the World Bank, international money transfers into Nigeria dropped by nearly 40% from $23.8 billion recorded in 2019 to $17.2 billion in the past year. Yet despite this fall, remittances, which account for 4% of the country’s GDP, still remain an important source of foreign exchange for the oil-rich […] дальше »
2021-5-14 10:00 | |
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State-Owned Swiss Bank Postfinance Launches App Supporting 13 Cryptocurrencies
The banking subsidiary of the national postal service of Switzerland, Postfinance, has launched a mobile app providing clients with access to cryptocurrencies, ETFs and more. The software allows users to make payments, save funds or invest in various assets, with a commitment to a level of security provided only by the country’s leading online banks. […] дальше »
2021-5-14 03:30 | |
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HKMA Ready to Expand Cross-Border Digital Yuan Test After Successful Pilot
The Hong Kong Monetary Authority (HKMA) and the Digital Currency Institute of the People’s Bank of China (PBOC), are looking to expand the testing of China’s central bank digital currency (CBDC) for cross-border payments. дальше »
2021-5-14 00:30 | |
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Facebook-Backed Crypto Project Diem Moves to US, Unveils New Launch Plan
Facebook-backed cryptocurrency project Diem, formerly Libra, is moving from Switzerland to the U. S. In collaboration with Silvergate Bank, the association, which oversees the development of the diem cryptocurrency, has unveiled a new launch plan. дальше »
2021-5-14 18:30 | |
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Facebook’s Diem Announces Silvergate Partnership, Will Move Operation Back To US
Diem Association, a group backed by Facebook, has disclosed its intentions to move operations from Switzerland to the United States. The group, which has been trying to secure a payment system license with Swiss bank watchdog, FINMA, said it has abandoned that plan and withdrawn its application. дальше »
2021-5-13 17:45 | |
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Diem parters with Silvergate bank to launch stablecoin in the US
Facebook-initiated Diem Association announces a new model of its upcoming stablecoin that is set to be issued by California state-chartered bank Silvergate. дальше »
2021-5-13 10:26 | |
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Forget about Bank Loans - with the Student Coin Crypto Ecosystem
Student Coin announces major exchange listings in May and reveals more of its 2021 project roadmap. дальше »
2021-5-13 10:00 | |
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Goldman Sachs Exec Says Much Nope To Firm After Making Millions On Dogecoin
According to The Telegraph, a senior Goldman Sachs executive has quit the firm after making millions from Dogecoin. Aziz McMahon, the Head of Emerging Market Sales, resigned after 14 years with the investment bank. дальше »
2021-5-13 03:00 | |
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Israel Releases Working Paper on Possible Digital Shekel Program
Israel is continuing with its exploration of the likely issuance of its central bank digital currency (CBDC), the digital shekel, per an official statement, Bank of Israel Accelerates CBDC Research Efforts This follows the release of a working paper that requires feedback. дальше »
2021-5-13 23:19 | |
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This fact offers insights into how much Ethereum's price can grow
Ethereum's market capitalization is now greater than all the largest banks in the world. Based on market cap, it now ranks above JP Morgan Chase, Bank of America, and Wells Fargo among others. ETHThe post This fact offers insights into how much Ethereum's price can grow appeared first on AMBCrypto. дальше »
2021-5-12 17:00 | |
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Bank of Israel Latest to Explore CBDC
Israel is the latest country to join the increasingly competitive CBDC race. Israel Plans to Launch Digital Shekel According to a report by Ledger Insights on May 12, the Bank of Israel recently released a working paper on a central bank digital currency (CBDC) that is intended as a basis for discussion and feedback. Notably,Read More дальше »
2021-5-12 13:01 | |
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‘Bullish’ Cryptocurrency Exchange to Launch With Backing of Billionaire Investors, Investment Bank Nomura
A new cryptocurrency exchange called “Bullish” will be launched this year by Bullish Global, a subsidiary of Block. one. It is backed by a number of prominent investors, including Peter Thiel, Alan Howard, Louis Bacon, Richard Li, Mike Novogratz, Christian Angermayer, and investment bank Nomura. дальше »
2021-5-12 13:00 | |
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Goldman Sachs Executive Reportedly Resigns After Making Millions Investing in Dogecoin
A Goldman Sachs executive has reportedly resigned from the investment bank after he made a fortune investing in dogecoin. The meme cryptocurrency is touted by a growing number of celebrities, including the Dogefather Elon Musk and Mark Cuban. дальше »
2021-5-12 03:30 | |
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Ripple’s Partner Accenture Writes Paper With SWIFT On CBDCs
Ripple’s partner Accenture, the technology and business consulting firm, has published a paper with SWIFT on the potential for central bank digital currencies (CBDC) payment solutions. Titled “Exploring central bank digital currencies: How they could work for international payments”, the paper claims there is surging interest for these types of assets. Accenture is a Fortune […] дальше »
2021-5-12 01:22 | |
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PointPay Blockchain Bank: Disrupting Regular Banking Systems
Extending financial inclusion to billions of the world’s unbanked population has been a foundational objective that the global cryptocurrency community has shared from the dawn of the blockchain movement. дальше »
2021-5-12 22:52 | |
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Israel’s Central Bank Announces Plans for Digital Shekel
Latest move by Bank of Israel is a policy reversal on three years ago when it recommended against issuing any digital currency. The post Israel’s Central Bank Announces Plans for Digital Shekel appeared first on BeInCrypto. дальше »
2021-5-12 19:00 | |
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Block.one Raises $10 Billion from Big Names to Launch a Crypto Exchange Called ‘Bullish’ This Year
After the record $4 billion ICO, Block. one has again managed to raise $300 million from Peter Thiel, Alan Howard, Louis Bacon, Richard Li, Christian Angermayer, Galaxy Digital, and Nomura bank. EOS, meanwhile, is still down 60% from its 2018 ATH in the ongoing bull market. дальше »
2021-5-11 17:49 | |
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Bank Of Israel Bypasses Bitcoin With Plans For Digital Shekel
2020 brought Bitcoin and other cryptocurrencies to the forefront of finance. Corporations have been buying, hedge funds are swapping gold for BTC, and banks and brands have taken a “can’t beat ’em, join ’em” stance against the emerging asset class. дальше »
2021-5-11 16:19 | |
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Cambodia Bank SBI LY HOUR Launches Cross-border Payment Solution Using RippleNet
Cambodian bank SBI LY HOUR Bank has launched the first blockchain-based remittance services between Cambodia and Vietnam. This solution is expected to improve cross-border transactions between the two countries. дальше »
2021-5-11 10:00 | |
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Switzerland’s Largest Bank UBS Mulls Over Cryptocurrency Services
Swiss investment bank UBS Group is reportedly exploring offering cryptocurrency services to its wealthy clients. UBS joins a growing list of major investment banks that are either already offering or planning to offer crypto investments to their clients, including Morgan Stanley, Goldman Sachs, and Citigroup. дальше »
2021-5-11 03:35 | |
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Ant Group to let MYbank users test China’s CBDC
Ant Group, an affiliate of leading Chinese multinational technology company Alibaba, is planning to let the users of online-only bank MYbank test China’s central bank-issued digital currency. A report unveiled this news on May 10, noting that this trial will let some of the bank’s customers link their accounts to China’s digital yuan application. дальше »
2021-5-11 00:35 | |
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