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Banking Platform Cashaa Sees Indian Trading Volume Soar, Adding 5 More Cryptocurrencies

25.12.2019
Banking services platform Cashaa has seen significant growth in crypto trading volume in India since it began offering INR deposits and withdrawals. The platform has cut its fees by more than 50% and is getting ready to add five more cryptocurrencies for users in India, Cashaa has shared with...

European Central Bank’s CBDC Borrows Bitcoin’s Pseudo-Anonymity

20.12.2019
On December 17, the European Central Bank (ECB) published a report that showcased its blockchain technology proof-of-concept. One particular feature the central bank digital chain holds is the ability to issue “anonymity vouchers.” Also read: Lagarde Sees Demand for Stablecoins, Plans...

A Better Alternative to Banking – Club Swan

18.12.2019
The crypto community has had a rough relationship with traditional financial institutions with limited solutions available. Around the world, both early and recent crypto users have had bank accounts closed, transactions rejected, unnecessary delays in receiving their funds, or worse. To add...

Open Banking & SCA Forum 2020 | Amsterdam: Harnessing Open Banking and Preparing for Strong Customer Authentication

18.12.2019
The European Union’s revised Payment Services Directive (PSD2) has paved the way for a new era of Open Banking globally. As a result, it will have huge impacts on business models, security mechanisms, and innovation in banking. In recent times, a question that has arisen consistently is...

State Street Teams up With Winklevoss-Founded Gemini Exchange for Digital Assets Trial

17.12.2019
Boston-based State Street Corp. is partnering with cryptocurrency exchange and custodian Gemini Trust on a new trial that examines reporting scenarios for digital assets

Int'l Regulator Basel Committee Calls for Prudent Rules for Crypto

16.12.2019
The Basel Committee on Banking Supervision calls for conservative treatment of crypto assets

Top 10 US Retail Banks Unknowingly Serve Crypto Startups, CipherTrace Claims

16.12.2019
CipherTrace revealed research Monday showing that the top 10 retail banks by assets managed in the U.S. worked with unregistered crypto money services businesses by transmitting funds on their payment networks

The Country With Europe’s Highest Interest Rate Has Cut It 5 Times This Year

14.12.2019
Around half of European countries, over 20, now have 0% interest rates and a few are already in negative territory. Ukraine, which has the highest benchmark interest rate on the continent, has just reduced it again, for the fifth time this year. The race between central banks to cut rates, when...

Bitcoin App Bottle Pay Shuts Down Over Impending EU Money-Laundering Laws

13.12.2019
Bottle Pay is shutting down, citing the EU's new AML rules, which could compel crypto wallet providers to collect KYC info from users starting next month

BlockFi to Offer First Interest-Bearing Crypto Accounts in Washington State

12.12.2019
BlockFi has obtained a money transmission license in Washington and intends to offer interest-bearing crypto accounts in the state

15 Million Debit Cards Exposed as Iranian Banks Fall Victim to Cyber Warfare

12.12.2019
The private details of 15 million bank debit cards in Iran have been published on Telegram in the largest banking security incident in the country’s history. Iranian authorities so far try to blame the breach on common criminals but cyber security experts suspect it was the work...

Dutch Bank ING Reportedly Working on Crypto Custody Tech

12.12.2019
Netherlands-based banking multinational ING is developing technology for the custody of crypto assets, according to Reuters sources

BRD’s Adam Traidman on New Products, Crypto Adoption, and Banking the Unbanked Into 2020

11.12.2019
Breadwallet, later known as Bread, and now just as BRD, was the first crypto wallet in the App Store in 2014. Its non-custodial, open source and user-friendly nature saw it become very popular, now with nearly 3 million users worldwide. CEO Adam Traidman took some time to field questions from...

Central Bank 'Parental Controls' Obsolete for Crypto: Bank of Lithuania

11.12.2019
Lithuania’s central bank suggested that banks should face the perceived risks of digital currencies and join the digital asset space to preserve control

Here’s a New Banking Tool for Vetting Crypto Exchanges

11.12.2019
The blockchain forensics firm is now offering banks a product that aims to provide up-to-date risk profiles of more than 200 of the largest crypto exchanges around the world

CBD Coffee Company Leverages Censorship-Resistant Nature of Crypto

11.12.2019
On December 8, the U.S.-based coffee firm that uses cannabidiol (CBD) in its product, Crazy Calm, launched a promotion that aims to send $5 per order to the charity EatBCH. The founder of Crazy Calm, Matt Aaron, also detailed that the startup wanted to leverage the payment processor Shopify but...