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Lithuanian Central Bank Announces Blockchain Collector Coin
9.12.2019
Lithuania’s central bank announced that in 2020 it will release a blockchain-based collector coin
No Demand for a State Digital Currency in Japan: Central Bank Governor
4.12.2019
There is no public demand for a central bank digital currency in Japan, according to Bank of Japan Governor Haruhiko Kuroda
European Banks Struggle With Low Interest Rates and Strict Regulations
4.12.2019
Banks in Europe have been in a difficult spot lately. A new report reveals that financial institutions across the region faced serious difficulties in the 2018 financial year, and despite all the cost cutting that followed, haven’t managed to compensate the revenue decline in 2019....
Global Android Vulnerability Could Grab Wallet and Banking Data
3.12.2019
A newly-discovered exploit could hijack banking and wallet apps on your Android phone
Deutsche Boerse’s DLT Security Lending Platform Sees First Transactions
3.12.2019
Three major banks carried out the first transactions on Deutsche Boerse and HQLAX’s DLT-enabled security lending platform
Court Backs Nordea Bank Bid to Block Staff From Trading Crypto
3.12.2019
Nordea Bank has won a court battle in Denmark over its bid to bar employees from buying and selling cryptocurrencies outside of work
Swiss Licensed Crypto Bank Expanding Into 9 Markets
1.12.2019
A fully operational crypto-focused bank based in Switzerland is expanding into nine other markets. With a banking and securities dealer license from the Swiss Financial Market Supervisory Authority, its services include crypto custody, trading, and asset management. The bank has launched...
French Central Banker Advocates For Blockchain-Based Settlements in Europe
25.11.2019
The central bank of France wants the eurozone to build a DLT-based settlement system that moves euros faster and more cheaply than existing tech
HSBC Closes Account Used to Support Hong Kong Protesters
22.11.2019
For months on end, Hong Kong has been the scene of intensive confrontation between pro-democracy activists and its Beijing-supported government. It now seems the financial establishment has taken a side in this conflict. Banking giant HSBC has decided to close an account used to support the protest...
Google, Facebook Take on Banking Duties, Crypto Shrugged to the Side?
21.11.2019
With major tech firms shifting their focus to finance, what does this mean for the future of crypto and the wider financial system?
Silvergate Bank CEO Bets on Higher Crypto Price Volatility After $40M IPO
21.11.2019
“Now that we're public, we have more efficient access to capital to support our growth,” Silvergate Bank CEO Alan Lane said in an interview
Bitcoin Miner Canaan’s IPO Nets Just $90M After Losing Banking Partner
21.11.2019
Canaan completes $90M IPO without major backer Credit Suisse
Fed Reserve Evaluating Digital Dollar But Benefits Still Unclear, Says Chairman
20.11.2019
Jerome Powell has said his institution is looking into the possibility of developing a digital currency, but the option throws up many policy questions and unclear benefits
Restrictions Worldwide Show Why It’s Vital to Be Your Own Bank
20.11.2019
As capital controls and banking restrictions continue to affect various populations worldwide, standing in the way of individuals and their hard-earned savings, some are looking to safer options and even cryptocurrencies. Lebanon, Zimbabwe, and India are just a few of the countries to deal with...
PayPal Joins $4.2M Round for Crypto Banking Compliance Startup
19.11.2019
Reddit founder Alexis Ohanian’s Initialized Capital, Blockchain Capital and PayPal Ventures are backing TRM Labs in its effort to help financial firms manage crypto risk
Indian Supreme Court Wraps up Crypto Hearing for the Year
19.11.2019
The Supreme Court of India called on for hearing on Monday the writ petitions challenging the banking restriction by the Reserve Bank of India (RBI). After hearing from the RBI’s counsel, the court wrapped up the case for the year. Its decision follows Lok Sabha, the lower house of the Indian...
No, Royal Bank of Canada Isn’t Opening a Crypto Exchange
18.11.2019
Contrary to recent media reports, Canada’s largest bank is not opening a crypto exchange
US Crypto Firms Will Soon Have Another Banking Option
18.11.2019
U.K.-based Cashaa, which describes itself as a banking service platform, is about to launch bank accounts for stateside crypto firms denominated in U.S. dollars
Google Joins Hands With Citigroup Giving a Major Threat Call to Crypto and Spur to Banking Industry
18.11.2019
“Change is the law of nature”- This well-known proverb has been the channelizing force behind numerous innovations as well as many closures in the name of upgradations in technology. Cryptocurrencies, when launched, were primarily focused on the ifs and buts of the financial arena. As time evolved...
Bitcoin Traders Are Finding Creative Ways to Avoid KYC
17.11.2019
Cryptocurrency traders on Bisq are using Revolut to buy and sell bitcoin without the need for KYC/AML. The decentralized, peer-to-peer marketplace allows anyone to buy or sell cryptocurrency via a range of payment processors and traditional banking services. With Localbitcoins now a twisted...