Central bank speaks out, BTC searches down and HK fund backs Animoca
[ad_1] This weekly roundup of news from Mainland China, Taiwan, and Hong Kong attempts to curate the industry’s most important news, including influential projects, changes...
Tag : Bank
China’s central bank worried about stablecoins’ risk to financial systems
[ad_1] The Chinese central bank is “quite worried” about the global financial risks associated with digital currencies, particularly stablecoins, according to a senior official. Fan...
Vietnam’s PM asks State Bank to trial digital currency on the blockchain
[ad_1] The State Bank of Vietnam is reportedly set to become the latest central bank to delve into explorations of the feasibility and operationality of...
Sygnum becomes first bank in the world to offer Eth2 staking
[ad_1] Crypto-focussed Swiss bank, Sygnum Bank, has announced it has become the first bank in the world to allow its clients to stake Ether. According...
Crypto Exchange Binance Suspends Euro Deposits via SEPA Bank Transfers – Exchanges Bitcoin News
[ad_1] Troubles at cryptocurrency exchange Binance continue as the platform is now reportedly suspending euro deposits via SEPA bank transfers. Binance says the suspension is...
South Korean Shinhan Bank joins Klaytn’s blockchain governance council
[ad_1] Shinhan Bank, one of the largest banking institutions in South Korea, has entered into a partnership with Klaytn, a global blockchain platform developed by...
Confusion reigns in Cryptoland while Reserve Bank and N…
[ad_1] Unless the South African Reserve Bank and National Treasury move quickly to create enabling legislation on cryptocurrencies and trading, things are going to become...
How to move Bitcoins to your bank account
[ad_1] People have bought, sold, and used Bitcoin for over a decade now. The number of people accepting Bitcoin or investing in it is also...
Wealthy and Highly Educated Investors Are Buying Two Altcoins Over Bitcoin, According to Bank for International Settlements
[ad_1] The Bank for International Settlements (BIS) says rich and educated investors prefer buying two large-cap altcoins over Bitcoin (BTC). In a new report, the...
SBI and Japan’s leading bank chooses Ripple for assisting cross-border remittances.
[ad_1] On account of increasing workers’ mobility and other relevant factors, the public need for fast, secure, and cheap payment infrastructure is increasingly growing. Owing...
UK’s NatWest bank limits transactions to crypto exchanges
[ad_1] As the crypto crackdown continues in Britain, another high street bank has intensified its efforts to curtail its customers’ use of digital assets. The...
How DeFi will kill the retail bank
[ad_1] The world runs on consumer spending and consumer saving. It is everyday people who actually power the most important parts of the global economy...
Blockchain not suitable for CBDC, says Swiss national bank economist
[ad_1] Blockchain, the underlying technology of cryptocurrencies like Bitcoin (BTC), is not the right solution for a central bank digital currency, according to an economist...
Tanzania central bank may rescind crypto ban after presidential endorsement
[ad_1] The Bank of Tanzania is reportedly working to overturn its ban on crypto amid favorable cryptocurrency comments made by the country’s president. According to...
EU to Designate Bank of Spain, Securities Regulator for Crypto Oversight: Report
[ad_1] A draft revision of the EU's proposed regulation of markets in crypto assets, known as MiCA, designates the two to oversee crypto activity in...
Bitcoin is speculation, not money, and facilitates financial crime, peak central bank warns
[ad_1] Bitcoin is not money — it is a speculative asset that can be used by organised crime to launder money and launch ransomware attacks, the world’s top...
Bank of Israel steps up CBDC efforts with reported tests on Ethereum
[ad_1] Israel’s central bank has allegedly completed a pilot — under the radar — for a central bank digital currency (CBDC) using Ethereum’s technology. The...
Brac Bank partners with five new remittance exchange companies
[ad_1] Brac Bank has partnered with five new exchange companies to channel wage earners’ remittance through its countrywide network. The new remittance partners are: KL...
Bank TSB set to bar 5.4M customers from buying crypto
[ad_1] United Kingdom-based financial institution TSB Banking Group Plc. will soon ban its over 5.4 million customers from buying Bitcoin (BTC) and other cryptocurrencies. According...
Indonesia’s central bank marshals staff to enforce crypto payments ban
[ad_1] Indonesia’s central bank governor, Perry Warjiyo, is mobilizing official supervisors to enforce the country’s ban on financial institutions using crypto assets as a means...
$3.6 Billion Crypto Theft: South African Bank Denies Relationship With Fraud Accused Africrypt
[ad_1] According to local media, leading South African financial institution FNB is denying allegations of a banking relationship with the recently collapsed crypto investment company,...
UK Bank TSB Set to Ban Crypto Buying Due to E-Wallet Scam Concerns: Report
[ad_1] UK Bank TSB Set to Ban Crypto Buying Due to E-Wallet Scam Concerns: Report. The company is the latest U.K. bank to act to...
World Bank refuses El Salvador’s request for help on BTC transition
[ad_1] The World Bank has refused El Salvador’s request for help on the country’s transition to adopting Bitcoin (BTC) as legal tender. It cited issues...
A fake ID and no bank checks: how I bought bitcoin in one minute | Money
[ad_1] Adverts for Binance, which boasts of being the world’s largest exchange for cryptocurrency, are everywhere. The company describes its service, allowing investors to buy...
Russian oligarch Deripaska blasts Bank of Russia for ignoring Bitcoin
[ad_1] Russian industrial tycoon Oleg Deripaska is the latest figure to criticize the Bank of Russia’s stance on cryptocurrency regulation in the country. Deripaska took...
World Bank rejects El Salvador request for Bitcoin help
[ad_1] The international lender cited concerns over transparency and the environmental impact of Bitcoin mining. Earlier this month, the Central American … [ad_2] Visit website...
Central Bank Digital Cash Will Complement Cryptocurrencies: Analysts
[ad_1] Central bank digital currencies will complement cryptocurrencies rather than competing with them despite not being structurally different from their country’s fiat currencies, strategists and...
Russian central bank ‘short-sighted’ regarding crypto, lawmaker says
[ad_1] A Russian State Duma member has blasted the central bank’s tough stance on the cryptocurrency industry for ignoring the growing demand for crypto in...
Bank of Tanzania Asked to Prepare For Crypto Adoption
[ad_1] President Samia Suluhu warned that the Bank of Tanzania risked being caught unprepared if there was to be globally increased adoption in the use...
Tanzanian president urges central bank to prepare for crypto
[ad_1] Tanzania appears to be the latest emerging economy poised to embrace Bitcoin and crypto assets. On June 14, Tanzanian president Samia Suluhu Hassan urged...
RNS and Trusted Chain develop platform for Islamic Development Bank
[ad_1] Pakistan, June 10, 2021 — RNS Solutions, the leading blockchain software development company from Pakistan, South Korea and Singapore, announced this week a formidable partnership...
