Search

Nalezeno "KB Bank": 7808

SEC proposes tougher rules as part of its crypto custody crackdown

16.2.2023
The new proposals set forth by the Gensler-led SEC seek to “expand the scope” of rules set out by the 2009 Custody Rules

SBF and FTX fraud 'aided and abetted' by Silvergate Bank, alleges lawsuit

15.2.2023
The filing is the latest proposed class action in a string of lawsuits aimed at Silvergate over the last two months about its links with Sam Bankman-Fried and defunct crypto exchange FTX

Ukraine Speeds Up Digital Hryvnia Project, Plans Pilot for This Year

15.2.2023
Ukrainian authorities are speeding up the development of the electronic hryvnia, a high-ranking government official indicated. The executive power in Kyiv is now in talks with the central bank and businesses involved in the project to pilot the digital currency as early as this year. Minister Says...

DBS Says Bitcoin Trading up 80% in 2022 on DDex Exchange

15.2.2023
DBS’ crypto exchange, which is not open to retail traders, currently allows for bitcoin, ether, XRP, bitcoin cash, DOT, and ADA trading

Southeast Asia’s Largest Bank DBS Unveils Plan to Expand Crypto Services in Hong Kong

15.2.2023
DBS, the largest bank in Southeast Asia, has unveiled its plan to expand its crypto services in Hong Kong. “We are planning to apply for a license in Hong Kong so that the bank could sell digital assets to our Hong Kong customers,” said an executive of the bank. DBS Bank to Apply...

Billionaire George Soros' Fund Dives Deeper on Crypto Bets

14.2.2023
The fund purchased or added to positions in Marathon Digital, MicroStrategy and Silvergate Bank, according to an SEC filing

Silvergate Bank Becomes Most Shorted Stock in US, but Sees Boost With Citadel Securities Stake

14.2.2023
Recent data shows that Silvergate Bank, a crypto-friendly financial institution, has become the most shorted stock in the United States, according to the Financial Industry Regulatory Authority. On Tuesday, Silvergate’s stock saw a rise after it was discovered that Citadel Securities holds...

US Inflation Remains Higher Than Expected, Raising Concerns Among Investors

14.2.2023
U.S. inflation levels dropped slightly in January, sliding from 6.5% to 6.4%. However, inflation remains higher than expected, causing concern among investors that the U.S. central bank will continue to hike the benchmark federal funds rate. Inflation in the US Remains High, Causing Uncertainty...

UK think tank launches a crusade against 'surveillance' CBDCs

14.2.2023
The Bank of England's plans for a CBDC launch raises concern among UK Tax Reform Council and the broader Bitcoin community

Report: Flutterwave CEO in Bid to Recover Millions Stuck in Kenya

14.2.2023
According to reports, the CEO and co-founder of the Nigerian fintech Flutterwave, Olugbenga Agboola, recently visited Kenya where he sought to convince the country’s monetary authorities to grant the firm access to funds that have been blocked since July 2022. Agboola claimed that his firm...

Digital Asset Infrastructure Provider Taurus Raises $65M From Credit Suisse, Deutsche Bank

14.2.2023
The Swiss firm plans to use the funds to make new hires and expand into across Europe and the UAE

UAE’s Central Bank pushes for CBDC for financial transformation

14.2.2023
The UAE is looking to boost its cross-border payments while also enhancing its domestic financial infrastructure. This comes after the Central Bank of the UAE announced the issue of CBDC, short for central bank digital currency. The issuance of CBDC comes as a part of the financial infrastructure...

Rwanda Government Orders Banks to Stop Facilitating Crypto-Related Transactions

14.2.2023
According to the National Bank of Rwanda, the country’s regulated financial services providers are now prohibited from facilitating crypto-related transactions. In her Jan. 31 letter justifying the decision, the acting governor Soraya Hakuziyaremye cites the unregulated status of most crypto...

UAE Launches ‘Financial Infrastructure Transformation’ Program; CBDC Among 9 Key Objectives

14.2.2023
On Feb. 12, 2023, the Central Bank of the United Arab Emirates (CBUAE) announced the launch of a new initiative called the “Financial Infrastructure Transformation Program,” which has nine key objectives. One of these objectives is the research and development of a central bank digital...

Binance withdrawals and BUSD redemptions surge post Paxos crackdown

14.2.2023
Net outflows at the cryptocurrency exchange hit $788 million over the last 24 hours, however, Binance told Cointelegraph that "Funds are SAFU."

Today in Crypto: Wirex Signes Long-term Global Partnership with Visa, Bank of Brazil Says Citizens Can Pay Taxes with Crypto, MetaMask Warns Users About Phishing Attempts

13.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________... Read More: Today in Crypto: Wirex Signes Long-term Global Partnership with Visa, Bank of Brazil Says Citizens Can Pay Taxes with...

Brazilians Will Be Able to Pay Taxes With Crypto

13.2.2023
Brazilians will now be able to pay part of their state taxes using cryptocurrencies. Banco do Brazil, a mixed ownership bank, is launching the option of paying a set of taxes with crypto, using Bitfy, a Brazilian cryptocurrency startup, as a payment processor, exchanging the cryptocurrencies paid...