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‘Gold-Backed’ Crypto Token’s Promoter Investigated by Florida Regulators
4.10.2019
Karatbars, issuer of a purportedly gold-backed crypto token, is under investigation by Florida regulators over links to a Miami “crypto bank.”
Coinbase Reinstates UK Bank Deposits and Withdrawals
4.10.2019
Coinbase UK is once more allowing GBP deposits and withdrawals after it partnered with ClearBank in August
Thai Bank Backs Series A Funding for Tokenized Securities Startup iSTOX
4.10.2019
The Singapore Exchange-backed security token platform has raised an undisclosed investment from an investment bank based in Thailand
RBI Ban Stops Indian Police From Cashing Out Seized Crypto
4.10.2019
The effects of banking restrictions by the Reserve Bank of India (RBI) have reached an Indian police department. The police sold some cryptocurrencies they seized only to find out that they cannot access the Rs 8.42 crore (~$1.2 million) proceeds due to the current RBI banking ban. Also read:...
ESET Flags New Latin American Banking Trojan That Targets Crypto
4.10.2019
Antivirus software provider ESET has discovered a Latin American banking trojan that can steal crypto
Fed Official Says Digital Central Bank Currency Is ‘Inevitable’
3.10.2019
Philadelphia Federal Reserve bank president Patrick Harker said it is “inevitable” for the central banks to start issuing digital currency
American Banking Giants Sound Off Against Libra as Monetary Threat
3.10.2019
Execs from some of the biggest U.S. banks reportedly told the Federal Reserve that Facebook’s Libra would pose a threat to monetary policies
New Evidence Escalates Panic as RBI Still Limits Bank Withdrawals
2.10.2019
Customers of a cooperative bank with 137 branches across India still do not know the fate of their money, which was restricted by the central bank. Evidence of alleged bank fraud has since surfaced, but the RBI still insists that India’s banking system is safe, despite many citizens being...
Financial Services Giant Morningstar to Offer Ratings for Crypto Assets
2.10.2019
Morningstar Credit Ratings is planning a rating system for tokenized debt securities to make the emerging asset class more credible for investors
Binance and Polychain Are Funding a Crypto-Friendly Bank in Malta
2.10.2019
Paula Pandolfino is raising more than $10 million to launch a crypto-centric bank in Malta in 2020
Facebook Will Create ‘Shadow Banking’ System, Major U.S. Banks Warn
1.10.2019
Facebook’s Libra will potentially create a “shadow banking” system, according to the banks at the Federal Advisory Council
This Crypto-Savvy Bank Is Building Bandwidth for Bitcoin Retail Payments
1.10.2019
The German bank is set to help European retailers accept bitcoin payments in early 2020
Revolut Partners with Visa to Expand Into North, South America and Asia
1.10.2019
U.K.-based digital banking app Revolut unveils a major partnership with Visa to expand its services globally across 24 new markets, including North America
Nasdaq Interview Features iSunOne as Blockchain Banking’s Future
30.9.2019
The NASDAQ exchange had invited the CEO and chairman of TideiSun Group, Robin Xie and Chen Ping, respectively, in September to launch the flagship platform of their firm called iSunOne, as per Media Outreach reports dated September 30, 2019. iSunOne, a blockchain-based platform offering global...
Swiss Stock Exchange SIX Lines Up Buyers for ‘Initial Digital Offering’
30.9.2019
Swiss stock exchange SIX's SDX blockchain platform has organized a consortium of institutions to back its "initial digital offering" set for mid-2020
Bankers Start to Recognize Bitcoin’s Role in Financial Evolution
29.9.2019
Digitization, disruption, blockchain, and frictionless payments. It’s amazing how prominent figures from the financial elite can provide a pretty detailed description of decentralized money without uttering “bitcoin” or “crypto.” But the fact of the matter is that...
Former Head of UBS Shares Excitement Over the “Powerful” Crypto Banking Potential
29.9.2019
The ex-CEO of the largest bank of Switzerland, UBS, Peter Wuffli, has stated that he intends to tap into the 220 billion dollar market of private individuals, as well as institutions, that already own digital currencies. At present, Wuffli serves as the director of Sygnum, a Swiss cryptocurrency...
ING’s Chief Economist Predicts Central Bank Digital Currencies in 2-3 Years
27.9.2019
Dutch bank ING's chief economist has said Facebook's Libra is pressuring central banks to launch their own digital currencies
Protests Led RBI to Raise PMC Bank’s Withdrawal Limit
27.9.2019
The Reserve Bank of India has relaxed the withdrawal limit of 1,000 rupees (approximately $14) it placed on a cooperative bank a couple of days ago. The central bank said it aims to reduce the hardship of depositors after many heavy protests followed its original order. Also read: Panic at 137 Bank...
‘No Argument’ for Replacing Dollar’s Global Role With Crypto: Ex-Fed Official
26.9.2019
The ex-official pushed back at a suggestion from the chief of the Bank of England that a Libra-like crypto should replace USD in global markets