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Singapore to help banks set standards for vetting crypto businesses
Singapore’s central bank and the police are reportedly working on establishing guidelines that would help traditional financial institutions in the city-state to improve the process of accessing potential crypto clients. дальше »
2023-4-6 14:52 | |
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Singapore introduce new guidelines to help banks authenticate customers in cryptocurrency space
According to insiders familiar with the matter, Singaporean banks are teaming up with authorities to establish consistent standards for screening potential customers in the digital assets and cryptocurrency sectors. дальше »
2023-4-6 14:07 | |
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Singapore composing new guidelines for banks with crypto clients
Singaporean authorities are collaborating with banks that offer crypto services to set up new vetting standards, as BNN Bloomberg reported. The country’s central bank officials have been active on the project for six months, the BNN Bloomberg article stated. дальше »
2023-4-6 13:59 | |
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Singapore Authorities Aid Banks In Investigating Potential Crypto Clients
While the crypto industry has appeared to be in need of constant access to traditional banks like never before especially following the collapse of these major crypto-friendly US banks – Silvergate, Silicon Valley, and Signature, Singapore authorities seem to not be shying away from the fact but instead look to how to make it possible. […] дальше »
2023-4-6 12:30 | |
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Singapore to issue new guidance for banks on vetting crypto clients: Bloomberg
Singapore authorities are working with banks on new guidance for vetting crypto clients. The guidance will cover stablecoins, nonfungible tokens (NFTs) and firms providing services in payments, trading and transfers of these assets. дальше »
2023-4-6 11:44 | |
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Pax Gold named best on-chain solution for precious metals and Avorak AI for machine learning software
With more people looking to earn yields from cryptocurrency after the collapse of several banks in the US, many analyses of projects and their potential for returns have been popping up. Recently, Pax Gold was named the best on-chain solution for precious metals and Avorak AI for machine learning software. What is Pax Gold? Pax […] дальше »
2023-4-5 17:22 | |
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Total crypto market cap reaches 10-month-high amid bull run
The digital currency industry lost almost $100 billion from its total market capitalization in mid-March. Reportedly, some crypto firms were highly exposed to some high-profile US banks collapse. However, the market started to show bullish signs in just a few… дальше »
2023-4-5 14:59 | |
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Brazilian Investment Bank BTG Pactual Unveils Dollar-Backed Stablecoin
BTG Pactual, one of Latin America's largest investment banks, has introduced a dollar-backed stablecoin through its crypto platform Mynt. дальше »
2023-4-5 12:41 | |
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Real-World Tokenization Is Surging as TradFi Grows More Receptive to Blockchain
A number of banks and other big brands are turning to RWA in the form of digital tokens on the blockchain as they look to bring more efficiency to transactions. Industry watchers say the trend will grow. дальше »
2023-4-5 22:03 | |
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OPEC+ Production Cuts to Impact Central Banks Fight against Inflation
Coinspeaker OPEC+ Production Cuts to Impact Central Banks Fight against Inflation Reducing oil production means there will be a relative shortage in the supply of the product. OPEC+ Production Cuts to Impact Central Banks Fight against Inflation дальше »
2023-4-5 20:00 | |
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Analyzing The Toxic Relationship Between Crypto and Banks
Despite the renewed narrative that crypto provides an alternative to a broken system after the collapses of SVB and Signature, the reality is that the industry still needs banks to provide on- and off-ramps into the industry. дальше »
2023-4-5 18:15 | |
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The CBDC Push is here - 3 Questions that Must be Answered
With Central Banks around the world appearing to move ever closer to the launch of Central Bank Digital Currencies, BNC Founder Fran Strajnar suggests we are sleepwalking into a dystopian quagmire. дальше »
2023-4-5 16:00 | |
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Why Crypto Clients Are Being Turned Away By UK Banks, According To This Report
Crypto companies in the United Kingdom are feeling the heat as they encounter yet another roadblock on their path to financial freedom. Banks are reportedly putting up a fortress of hurdles for these firms to jump over, with requests for additional documentation and transaction monitoring becoming the norm. дальше »
2023-4-4 17:19 | |
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Turbulence Erodes Trust in Fed-Run Traditional Banks. Is Bitcoin a Way Out?
Banking financial mayhem has triggered an array of narratives sounding like depleting trust in centralized banking bodies. Thus, giving rise to a ‘TradFi winter. ’ Can crypto like Bitcoin rise to the occasion amidst discouraging steps from regulators? The post Turbulence Erodes Trust in Fed-Run Traditional Banks. дальше »
2023-4-3 16:51 | |
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American Bank Runs Pull Bitcoin Liquidity to 10-Month Low
Coinspeaker American Bank Runs Pull Bitcoin Liquidity to 10-Month Low As the growing liquidity strain in the price of Bitcoin is a major concern, American banks are likely to start exploring new avenues to rebuild that part of the industry. дальше »
2023-4-3 14:47 | |
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Crypto firms face resistance from UK banks
As of a recent Bloomberg report UK banks are making it hard for crypto firms. This comes as the US continues to enforce regulations on crypto firms as well. дальше »
2023-4-3 13:13 | |
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Crypto Companies in UK Seeking Governmental Support in Response to Limitations Imposed by Banks
Coinspeaker Crypto Companies in UK Seeking Governmental Support in Response to Limitations Imposed by Banks The UK banks increased the pressure on crypto companies following the collapse of Signature Bank and Silicon Valley Bank which affected the US. дальше »
2023-4-3 12:30 | |
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Senator Warren says banks have ‘done really bad jobs’, advocates for CBDCs instead of Bitcoin
United States lawmaker Senator Elizabeth Warren conceded that banks “have done a really bad job” while advocating for central bank digital currencies (CBDCs) because the government backs them. дальше »
2023-4-3 10:30 | |
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Can Bitcoin Counter the Dangers of Zombie Banks?
Unravel the complex relationship between troubled banks and the potential of cryptocurrencies like Bitcoin to reshape the financial system and provide a solution to the challenges they pose. The post Can Bitcoin Counter the Dangers of Zombie Banks? appeared first on BeInCrypto. дальше »
2023-4-1 22:04 | |
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Crypto Industry Struggles To Access Banking Services In The US, Report Shows
Due to various factors, the crypto industry faces increasing difficulty finding banking services in the US, according to a Bloomberg report, banks have hesitated to work with crypto customers. Recent events such as the closure of crypto-friendly Silvergate Capital Corp. дальше »
2023-3-31 01:21 | |
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Bitcoin touches $29K! Why BTC is unaffected by regulatory pressure
Join us as we discuss the significance of Bitcoin reaching $29,000 and why it seems to be unaffected by all the regulatory pressure and collapsing banks. дальше »
2023-3-31 22:30 | |
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Top 10 cryptocurrencies that gained the most in March
In this article, we’ll review the top 10 gainers of March, with the leadership of CFX and XRP marking an 11-month-high. March brought unexpected movements to the crypto markets, with some top US banks collapsing within just two weeks. Some… дальше »
2023-3-30 11:54 | |
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FDIC plans to return $4B in Signature crypto deposits ‘by early next week’ — Martin Gruenberg
The Treasury Department’s undersecretary for domestic finance, Nellie Liang, said at the same hearing she didn’t believe crypto “played a direct role” in the failure of the banks. дальше »
2023-3-30 00:00 | |
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Banks Shy Away From Crypto, Yet Industry Stands to Benefit
In the aftermath of the recent banking crises, banks are keeping their distance from crypto. But the crypto markets tell another story. The post Banks Shy Away From Crypto, Yet Industry Stands to Benefit appeared first on BeInCrypto. дальше »
2023-3-30 21:25 | |
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The Short-Sightedness of Run-Amok Regulators
Ric Edelman, founder of the Digital Assets Council of Financial Professionals, talks about a key reason why crypto’s future looks bleaker: an apparent effort to cut it off from U.S. banks. дальше »
2023-3-30 19:44 | |
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ECB joins global central banks in balance sheet expansion YTD
Quick Take Central banks talk a tough game regarding quantitative tightening, but in 2023, we are seeing balance sheet expansion (quantitative easing). The post ECB joins global central banks in balance sheet expansion YTD appeared first on CryptoSlate. дальше »
2023-3-29 17:15 | |
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Senators grill federal officials over lack of oversight into SVB, Signature Bank collapse
In a closely watched Senate hearing held on Mar 28, regarding the collapse of crypto-friendly banks Silicon Valley Bank (SVB) and Signature Bank, William Barr, a top official at the US Federal Reserve, acknowledged the potential benefits of testing for higher rates and expressed his plans to broaden the scope of future tests. дальше »
2023-3-29 23:39 | |
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Orbeon Protocol (ORBN), Enjin Coin (ENJ) and HEX (HEX) Eye Exponential Pumps In 2023
Enjin Coin (ENJ) and HEX (HEX) have seen price increases after the collapse of Silicon Valley and Signature Banks – two major US banks. However, one project currently in stage 11 of its presale with a token price standing at $0. дальше »
2023-3-29 22:35 | |
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ECB president warns central banks could “losing control” without CBDCs
European Central Bank’s (ECB) president Christine Lagarde said that Central Banks might lose relevancy if they fail to adopt central bank digital currencies (CDBC), according to a clip shared by Twitter news outlet Radar. дальше »
2023-3-28 14:30 | |
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First Mover Asia: China’s State-Owned Banks Are Soliciting Hong Kong Crypto Business, but Opening an Account Is Hard
Are bitcoin traders shrugging off the CFTC's action against Binance? Or is there just not enough liquidity to go around? дальше »
2023-3-28 05:09 | |
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What a Weakening US Dollar Means for Bitcoin and the World
Russia and China are actively undermining USD dominance, with central banks diversifying reserves and exploring alternatives. Bitcoin could play a crucial role in this shifting financial landscape, offering a new path toward economic freedom. дальше »
2023-3-28 23:30 | |
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Report Claims Chinese Banks Show Interest in Hong Kong-Based Crypto Firms
According to a recent report from Bloomberg, Chinese banks are now showing interest in Hong Kong crypto firms. This has surprised the broader crypto community, given that China had once restricted digital currency transactions in the country. дальше »
2023-3-28 22:30 | |
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U.S. Bank Regulators Investigating Leaders of the Failed Tech Banks
The Federal Deposit Insurance Corp. is investigating the actions of the leaders of Signature Bank and Silicon Valley Bank to hold them accountable for their collapses, said Chairman Martin Gruenberg, who detailed their mismanagement and dangerous business concentrations – especially in digital assets at Signature – in testimony prepared for a U.S. Senate hearing. дальше »
2023-3-28 21:46 | |
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Balaji's famous million-dollar Bitcoin bet may not be realistic: Analyst
Crypto influencer Nic Carter believes that the actions of federal regulators regarding crypto banks may be in a grey area. Carter has stated that Balaji's famous million-dollar Bitcoin bet may The post Balaji's famous million-dollar Bitcoin bet may not be realistic: Analyst appeared first on AMBCrypto. дальше »
2023-3-28 21:00 | |
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MicroStrategy Pays $205 Million Silvergate Loan as US Banks Scramble to Keep Crypto Onshore
MicroStrategy pays off $205 million Silvergate loan early. The post MicroStrategy Pays $205 Million Silvergate Loan as US Banks Scramble to Keep Crypto Onshore appeared first on BeInCrypto. дальше »
2023-3-27 19:05 | |
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