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PortuguêsWhile more than 40 banks have reportedly expressed interest in Germany’s new crypto custody license, those firms may still have to put up with an anti-crypto sentiment among German banks.…
Continue ReadingCrypto trading company Coinhouse has become the first crypto company to be registered with France’s top financial regulator, the Financial Markets Authority (AMF). The registration means Coinhouse now has a…
Continue ReadingThe ongoing coronavirus pandemic accelerates central bank digital currency (CBDC) developments, according to Deutsche Bank macro strategist Marion Laboure. In a tweet from April 3, Deutsche Bank cites Laboure’s claim…
Continue ReadingDigital identity solutions are on the rise as consumers seek security and accessibility in a digitized world. A new report from 360iResearch shows that the global digital identity market is…
Continue ReadingAsian banks interested in issuing security tokens on R3’s Corda now have a local custodian. Hong Kong-based Hex Trust is partnering with the enterprise blockchain company to offer banking clients…
Continue ReadingYes, that’s the question we are asking today. Is blockchain technology necessary? The answer is tricky. To arrive at the conclusion takes an unbiased perspective. Bankers and people in the…
Continue ReadingBitcoin Depot, the largest Bitcoin ATM operator in the world, has begun powering down some of its machines in an effort to halt further spread of COVID-19. As much of…
Continue Reading“How could I possibly do this?” — That is what I asked myself when the opportunity presented itself to leave my 14-year career in corporate and investment banking to join…
Continue ReadingHSBC has put $10 billion of paper-based private placement records on R3’s Corda blockchain and plans to ramp up the project through this year and next. “We’re confident that we’ll…
Continue ReadingMobile bank Revolut has launched in the U.S., with an eye to offering its cryptocurrency services sometime in the near future. The London-based challenger bank announced Tuesday that U.S. customers…
Continue ReadingCrypto-friendly Silvergate Bank resolved the last of its wire transfer issues Tuesday morning, said CEO Alan Lane. Early Friday morning, the bank was unable to process wire transfers for clients…
Continue ReadingBuying bitcoin just got easier for Italians. The country’s mobile bank Hype has announced a partnership with fintech Conio, enabling customers to buy, sell, and securely store BTC from within…
Continue ReadingBy this point, everyone knows that Coronavirus, also known as COVID-19, has wreaked havoc on the world economy. The ongoing pandemic On March 13, crypto markets saw an unprecedented collapse…
Continue ReadingSquare is launching a bank in 2021. On Wednesday, the U.S. Federal Deposit Insurance Corporation Board (FDIC) gave the payments startup conditional approval for a bank charter to launch Square…
Continue ReadingMajor European financial institutions are jointly launching a blockchain-based platform for the investment fund industry. The system was initially incubated by the Luxembourg Stock Exchange and its affiliate Fundsquare, which,…
Continue ReadingBlockFi, a financial company focused on cryptocurrencies, says it has enabled a new feature that will let customers use cash to buy bitcoin. Previously, the Jersey City, N.J.-based crypto lender…
Continue ReadingZabo has announced it has raised $ 2.5 million in seed funding, allowing it to extend its portfolio of services to continue connecting its customers’ cryptocurrency wallets to banks, brokerage…
Continue ReadingSamsung’s enterprise technology arm is building a blockchain-based settlements solution for merchants and banks. The Korea Herald reported Wednesday that Samsung SDS had signed a memorandum of understanding with Israeli…
Continue ReadingSamsung SDS, the South Korean tech giant’s IT services subsidiary, has just announced a partnership with Israel-based fintech and smart payments provider Credorex. According to a report from The Korea…
Continue ReadingInstitutions can hedge against possible bank runs with a new wallet from euro-backed stablecoin issuer STASIS, which stores assets with financial intermediaries that have low-risk balance sheets. STASIS said Tuesday…
Continue ReadingBinance has launched a direct channel integration with a Turkish bank, providing clients with a gateway enabling seamless transfers between fiat currencies and digital assets. Binance said Monday that its…
Continue ReadingThe Federal Financial Supervisory Authority of Germany, Bafin, has issued guidance to clarify the status of cryptocurrencies and the regulations that apply to related business activities. The recommendations are based…
Continue ReadingCentral banks should develop a deeper understanding of the consequences of issuing a digital currency, according to a Bank of Japan official. According to Reuters on Feb. 27, Bank of…
Continue ReadingResearch on a central bank digital currency (CBDC) in China has been delayed as the coronavirus epidemic continues. Global Times reported on Feb. 25 that the epidemic’s impact on staff…
Continue ReadingThe U.S. may soon get its first dedicated bank for digital assets. A Wyoming corporation founded by blockchain legislative champion and Wall Street veteran Caitlin Long is preparing to apply…
Continue ReadingA recent report by a Major United States bank JP Morgan Chase suggested that current blockchain developments are lying down the foundation for digital money, but adoption is still years…
Continue ReadingInvestment bank Morgan Stanley is buying digital stock brokerage E*Trade for $13 billion. According to the Wall Street Journal, the consolidation will give Morgan Stanley an inroad with E*Trade’s 5.2…
Continue ReadingRipple CEO Brad Garlinghouse’s mission is to demolish bankers’ fear of cryptocurrencies and get them on board with the new asset class. During a recent interview with CNN, Garlinghouse explained…
Continue ReadingKahina Van Dyke, former senior vice president of business and development at blockchain firm Ripple, took on the role of Global Head, Digital Channels and Client Data Analytics at major…
Continue ReadingBangladesh-based Bank Asia has joined Ripple’s RippleNet blockchain-based financial services network. The partnership was only recently discovered after a Twitter user pointed out the Bank Asia logo in an official…
Continue ReadingAn executive formerly working on Apple’s payments products has joined Banco Santander. Trish Burgess joins the Spain-based multinational as the new global head of Peer-to-Peer Payments and will direct its…
Continue ReadingOne of the oldest banks in Europe is developing a special-purpose euro stablecoin that can facilitate private placements in tokenized securities. Munich-based Bank von der Heydt, established in 1754, announced…
Continue ReadingA London-based startup says it wants to become the “first digital assets merchant bank” in the U.K. According to its website, DAG Global aims to “deliver next-generation merchant banking solutions…
Continue ReadingAnother Japanese lawmaker has publicly called for the swift development of the digital yen. The head of the banking and finance systems research commission at Japan’s Liberal Democratic Party, Kozo…
Continue Reading“What I love about Bitcoin is that instead of some rich old guy on Wall Street, young poor people are the ones getting rich” —Eric Finman No Longer Is Economic…
Continue ReadingBlockQuake, a New York digital asset exchange launched in beta, has partnered with Nevada-based trust company Prime Trust, the firm announced Wednesday. Prime Trust began offering custody services for the…
Continue ReadingAs China storms forward with its digital currency, other countries aren’t sitting idle. The leaders of six major central banks will hold their first meeting in April. Six Central Banks…
Continue ReadingSix major central banks will meet in April to discuss the development of central bank digital currencies (CBDC). The Japan Times reported on Feb. 6 that — according to a…
Continue ReadingMastercard Chief Executive Officer Ajay Banga explained his concerns about Libra in a Feb. 3 interview with the Financial Times. He bashed Libra for its lack of transparency while arguing…
Continue ReadingZebpay is returning to India more than a year after closing down local crypto exchange operations due to the banking ban imposed by the central bank, the Reserve Bank of…
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