Reserve Bank of Australia: Stablecoins can play an important role in the financial system

Stable digital coins can play an important role in the Australian economy and financial system. This is stated in the new report of the Reserve Bank of the country (RBA). “The activity of stablecoins in Australia has been relatively limited to date, although stablecoins may play a more prominent role in the financial system in […] Сообщение Reserve Bank of Australia: Stablecoins can play an important role in the financial system появились сначала на Coinstelegram. дальше »

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Польский банк PKO провел ярмарку вакансий в метавселенной

PKO Bank Polski устроил в виртуальном мире мероприятие для начинающих и профессионалов, которые готовы узнать о деятельности банка и подать заявку на конкретную вакансию. Это первое мероприятие такого рода в Польше и одно из первых в мире. <br /> дальше »

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Former NFL co-owner sentenced to 6 years for crypto shadow bank scheme

Reginald Fowler, a former co-owner of the Minnesota Vikings and prominent figure in the NFL, has been handed a six-year prison sentence after being found guilty of running a "shadow bank" operation within the crypto industry. дальше »

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The Adoption of Cryptocurrencies in Arab Nations: Examining Saudi Arabia’s Recent Move

As governments look for alternatives to established financial institutions in an interconnected world, the rise and use of cryptocurrencies have accelerated. According to recent reports, Saudi Arabia, a significant Arab country, is seeking to join the BRICS New Development Bank (NDB). дальше »

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US Federal Reserve’s Banking Upgrade Can’t Outpace Crypto

The Federal Reserve's FedNow is poised to speed up banking transactions, marking a step towards competing with cryptocurrencies. The rise of Central Bank Digital Currencies further adds to the evolving financial landscape. дальше »

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RBA evaluates regulatory framework for stablecoins and CBDCs

The Reserve Bank of Australia recently released a report discussing the potential of stablecoins and CBDCs, highlighting the importance of regulatory mechanisms for digital assets. дальше »

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Tether (USDT) Replaces SWIFT for USD Operations of Xapo Bank: Details

Gibraltar's crypto-friendly fintech Xapo Bank becomes first regulated bank to use Tether (USDT) for USD accounts дальше »

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Binance top exec reportedly controlled US subsidiary’s bank accounts between 2019 and 2020

Binance top executive, Guangying Chen, reportedly controlled five bank accounts of its independent U.S. subsidiary between 2019 and 2020, Reuters reported on June 5, citing bank records. The defunct bank Silvergate Bank reportedly authorized Chen as the “Primary Admin User” of the five bank accounts, including one that held American customers’ funds and an account for […] The post Binance top exec reportedly controlled US subsidiary’s bank accounts between 2019 and 2020 appeared first on CryptoSlate. дальше »

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Binance Executive Controlled Bank Accounts Belonging to U.S. Wing in 2019-20: Reuters

Binance.US has always claimed to be independent from Binance, a stance that may come under scrutiny following this news. дальше »

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Stablecoin risks and how to overcome them | Opinion

Given the rise in interest towards central bank digital currencies, their usage will continue to increase. This is despite the recent turmoil about the recent depegging of USDC or, much worse, the collapse of the TerraUSD (UST) stablecoin and its… дальше »

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Why Bitcoin will not retest $20,000 anytime soon

The possible increase in the U.S. CPI and bank withdrawals could ensure Bitcoin's price rise. BTC’s short-term projection remained bearish at press time.  BitMEX co-founder Arthur Hayes pThe post Why Bitcoin will not retest $20,000 anytime soon appeared first on AMBCrypto. дальше »

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Russian Bank Rosbank Pilots Cross-Border Cryptocurrency Transactions with Corporate and Private Clients

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Russia’s Rosbank starts offering cross-border crypto payments despite nationwide ban

Rosbank, one of the Russian Federation’s most important financial institutions, is set to become the first major bank to offer cross-border transactions in cryptocurrency, according to reporting from the Russian business journal Vedomosti. дальше »

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Kenyan central bank says CBDC not a priority

Following a period of feedback collection on central bank digital currencies (CBDCs) earlier this year, Kenya's Central Bank (CBK) has told the public that a CBDC is not a priority. дальше »

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Kenya: A CBDC Is Not Our Immediate Priority

The Central Bank of Kenya (CBK) is open to the idea of a central bank digital currency (CBDC). Even so, considering the fading allure of CBDCs globally and the availability of alternative payment solutions in the East African nation, the central bank has, in a press release on June 2, said implementing a digitized version of the […] дальше »

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CBDC ‘may not be a compelling priority,' says Kenya’s central bank

The central bank released its statement in response to comments on a CBDC discussion paper published in February 2022.

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Nigerian central bank maintains stance on crypto withdrawal restrictions

Nigeria's cryptocurrency landscape has experienced ongoing turmoil, with citizens embracing digital assets while the government remains steadfast in its opposition. дальше »

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Kenya Central Bank Takes Ambivalent Stance on Digital Currency

The allure of the CBDC is fading and issuing one "may not be a compelling priority," the bank said. дальше »

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Криптодружественный Silvergate Bank согласился с приказом регулятора о самоликвидации

Silvergate Capital и ее дружественный к владельцам криптовалюты Silvergate Bank добровольно согласились исполнить приказ ФРС США о прекращении деятельности. План самоликвидации будет представлен в течение десяти дней. дальше »

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US debt ceiling, declining trust in banks send ETH staking to record highs

The record surge in Ethereum staking in May was attributed to the ongoing U.S. debt ceiling saga, confidence in the U.S. dollar, bank collapses and the high APR offered on ETH staking. дальше »

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US Fed to cease Silvergate Capital and Bank activity

Regulatory crackdown on Silvergate Capital and Silvergate Bank continues as the Federal Reserve and California's DFPI issue a cease and desist order, halting operations. дальше »

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Binance Australia Stops AUD Bank Transfers as Search for Payment Partner Drags On

Customers can still buy and sell crypto using credit and debit cards after the halt, which was announced last month. дальше »

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Silvergate to submit shutdown plan in coming days after Federal Reserve order

The Federal Reserve Board said June 1 that it issued a consent order to the crypto-friendly bank Silvergate, instructing it to wind down operations. Must protect depositors Silvergate Capital Corporation and Silvergate Bank must submit a shutdown plan to supervising agencies within ten days of the June 1 order. дальше »

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Standard Chartered, PwC make case for programmable CBDC in China Greater Bay Area

With 11 megalopolises and three currencies, Guangdong, Hong Kong and Macao make up a region that is ripe for central bank digital currency research. дальше »

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Fed board issues order to Silvergate Bank as part of self-liquidation plan

Silvergate Capital Corporation and its crypto-friendly bank will have 10 days to submit a self-liquidation plan in compliance with California and federal requirements. дальше »

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What will Binance Australia services look like after debanking?

Binance suspended fiat on- and off-ramps by bank transfers in Australia, as well as trading for Australian dollar (AUD) pairs.

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TD Cowen Closes Crypto Unit Just One Year After Launch

A Bloomberg report revealed that the American investment bank, TD Cowen, has shut down its crypto asset unit. According to the report, Cowen Digital will pack up by June 1, which will be the last day for its team. дальше »

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Qatar Didn’t Properly Enforce Its Crypto Ban, Global Money Laundering Watchdog Says

The central bank should proactively identify and sanction service providers breaching its 2019 prohibition, according to the Financial Action Task Force дальше »

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Georgian central bank to launch AML probe into crypto firms

The National Bank of Georgia will launch mandatory supervision of virtual asset service providers starting from Sept. 1, 2023.

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US investment bank Cowen shuts crypto trading unit 

Cowen Inc. has indefinitely suspended its digital assets trading unit. The bank’s digital asset service exposed institutional investors to 16 cryptocurrencies, including bitcoin (BTC) and ether (ETH). дальше »

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American investment bank TD Cowen closes crypto unit

TD Cowen to shut down its crypto unit a year after launching. The closure of Cowen Digital marks the second institutional crypto client unit to shut down within a week. American investment bThe post American investment bank TD Cowen closes crypto unit appeared first on AMBCrypto. дальше »

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Cowen Bank закрывает свое криптовалютное подразделение

Американский инвестиционный банк Cowen стал очередной финансовой организацией США, заявившей о разрыве отношений с сектором криптоиндустрии в условиях ухудшающейся нормативно-правовой среды. дальше »

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Investment bank TD Cowen shuts crypto unit a year after opening

Days after Digital Currency Group's TradeBlock started winding down operations, investment bank TD Cowen has also announced its crypto unit's closure. дальше »

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India's central bank proposes AI, blockchain adoption for banking sector

The Deputy Governor of RBI suggested the country's banks employ AI and blockchain technologies. The move comes against the backdrop of the Indian government's ambiguous attitude towards cryptocThe post India's central bank proposes AI, blockchain adoption for banking sector appeared first on AMBCrypto. дальше »

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Binance plans to let traders hold collateral in banks

Binance to allow its institutional customers to keep trading collateral at banks. Swiss-based FlowBank and Liechtenstein- based Bank Frick have reportedly been contacted for this service. дальше »

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Reserve Bank of India to Lead Crypto Regulation Talks at G20 Meet

India has the presidency for the upcoming G20 event. Its position on crypto has generally been quite unfavorable, leading to some displeasure in the crypto community. The post Reserve Bank of India to Lead Crypto Regulation Talks at G20 Meet appeared first on BeInCrypto. дальше »

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Binance Mulls Bank Partnerships to Lower Risk for Institutional Clients

Binance is exploring a proposal to let institutional clients keep collateral at a bank instead of with Binance. This, in turn, would reduce counterparty risk. The post Binance Mulls Bank Partnerships to Lower Risk for Institutional Clients appeared first on BeInCrypto. дальше »

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Bitcoin Trades at a 20% Discount on Binance Australia Following Banking Issues in the Country

The exchange halted Australian dollar bank transfers early May. дальше »

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Binance considers allowing traders to secure collateral at banks: Report

It has been reported that Swiss-based FlowBank and Liechtenstein-based Bank Frick have been mentioned as potential intermediaries for this service. дальше »

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Reserve Bank of India expands digital rupee pilot program

The Reserve Bank of India is enhancing its digital rupee pilot, as it intends to broaden participation and incorporate diverse use cases in the upcoming fiscal year. дальше »

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India's RBI Intends to Push G-20 to Focus on Crypto's Macro Risks

India's central bank is trying to expand the global narrative around cryptocurrencies beyond "financial stability and integrity to macro-financial and cross-sectoral implications and risks of crypto-assets. дальше »

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СМИ: Крах Silvergate и Signature Bank привел к повышенному спросу на криптоспециалистов

Европейские финансовые фирмы, обслуживающие криптовалютные компании, намерены увеличить штат профильных специалистов по комплаенсу В2В сектора. дальше »

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ECB Finalizes Digital Euro Prototypes as Development Decision Looms

The central bank has examined the use of distributed ledger technology and smart contracts for its potential new digital currency. дальше »

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You can’t just buy a bank and make it crypto-friendly: CZ

Binance’s Changpeng “CZ” Zhao says that purchasing a bank would not be a solution to the crypto debanking issue. He cites the regulatory environment and need for a network of banking providers as key hurdles. дальше »

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Binance CEO Says Buying Bank Would Not Solve Crypto Debanking Issue

Coinspeaker Binance CEO Says Buying Bank Would Not Solve Crypto Debanking Issue Yesterday, Binance CEO Zhao opined that a Binance-owned bank would not solve the crypto debanking situation. дальше »

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Cardano DEX Minswap Sees Volume Jump Driven by SNEK, BANK Meme Coins

Volumes surged from just over $1 million at the start of May to $18 million on Tuesday, data from Minswap shows. дальше »

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Buying a bank won’t solve crypto’s debanking issue — Binance CEO

CZ highlighted examples such as regulatory complexity and capital requirements as reasons why he isn’t keen on Binance buying a bank. дальше »

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Bank of Japan advances CBDC program, following successful tests

The Bank of Japan (BOJ) has completed the second stage of its CBDC experimentation and is now moving forward with its pilot project. дальше »

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Japan launches digital yen pilot project after second successful proof of concept

With the end of the proofs of concept, the Bank of Japan has initiated its CBDC pilot and plans more to gather more public and business feedback. дальше »

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President Biden Strikes Deal to Raise US Debt Ceiling, Japanese Market Gains Most

Coinspeaker President Biden Strikes Deal to Raise US Debt Ceiling, Japanese Market Gains Most Despite China's uneven economic recovery, Deutsche Bank "remains optimistic" about China for the medium to long term. дальше »

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