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UK bank Starling bans crypto-related purchases and deposits citing high risk

24.11.2022
Starling has banned its customers from purchasing cryptocurrencies with their bank cards or receiving transfers from crypto merchants

Russia intends to launch a ‘national crypto exchange’

24.11.2022
Local lawmakers are working on amendments to the existing legislation “On digital financial assets” in consultation with market stakeholders

Genesis Global Capital Confirms Hiring Investment Bank Moelis, Talks With Potential Investors

23.11.2022
Genesis also started talks with its largest creditors and borrowers, including Gemini and DCG, to agree on a solution

Founder of EOS Developer Block.One Buys 9.3% of Crypto Bank Silvergate

23.11.2022
The purchase make Brendan Blumer the largest holder of Silvergate

Bank of Japan to trial digital yen with three megabanks

23.11.2022
The Japanese central bank plans to make a decision on whether to issue a digital currency by 2026

Estonia, US Arrest 2 Suspects in $575 Million Crypto Fraud Scheme

23.11.2022
Law enforcement officers from Estonia and the United States have arrested two men for allegedly committing a large-scale cryptocurrency fraud. The Estonian nationals, who ran a crypto mining service and a fake virtual currency bank, laundered their proceeds, spent on cars and real estate,...

Bank of Japan to Run CBDC Experiments With Country's Megabanks: Report

23.11.2022
The central bank will decide on issuing a CBDC in 2026

Report: Kenyan Lawmaker Proposes Introducing Crypto Income and Capital Gains Tax

23.11.2022
According to a capital markets amendment bill reportedly sponsored by Kenyan lawmaker Abraham Kirwa, cryptocurrency holders in the country will be obliged to pay taxes on gains. In addition, the bill (if passed into law) would require crypto holders to furnish Kenya’s Capital Markets...

Singapore Bank DBS Completes Fixed Income Trade on JPMorgan's Blockchain Network Onyx

23.11.2022
Singaporean bank DBS is the latest big bank to harness JPMorgan's blockchain-based fixed income trading network Onyx, becoming the first Asian bank to do so

Brazilian Exchange Bitpreco to Expand to Banking Services; Bets on Cashback to Counter Crypto Fears

23.11.2022
Bitpreco, a Brazilian cryptocurrency exchange, has decided to extend its functionality to offer banking services through a new platform called Bitybank. The company, which will also open payment and digital account services, plans to attract users to crypto through cashback programs that counter...

Bank of England Deputy Governor: FTX Collapse Highlights Urgent Need for Tighter Crypto Regulation

23.11.2022
Bank of England’s deputy governor for financial stability, Sir Jon Cunliffe, says the collapse of cryptocurrency exchange FTX has highlighted the urgent need for tighter crypto regulation. “We should not wait until it is large and connected to develop the regulatory frameworks necessary...

JPMorgan Chase Granted Wallet Trademark Covering Various Virtual Currency and Crypto Payment Services

23.11.2022
The United States Patent and Trademark Office (USPTO) has granted JPMorgan Chase Bank’s trademark registration for “J.P. Morgan Wallet” for use in a wide range of financial services, including virtual currency transfers and exchanges, as well as crypto payment services. JPMorgan...

Singapore central bank explains why Binance was on its alert list, but FTX wasn’t

22.11.2022
The Monetary Authority of Singapore had its reasons, and there was nothing more it could have done about the FTX threat any way, just like other national regulators

Report: China Suspected of Stockpiling Gold to ‘Cut Greenback Dependence’

22.11.2022
During the first week of November, the World Gold Council’s (WGC) report that covered last quarter’s global gold demand noted that central banks worldwide purchased close to 400 tons of gold in Q3 2022. The study highlighted that it was the “most on record,” and the WGC researchers also...

Bank of England Warned Consumers About DeFi Risks Following FTX Collapse – Regulation Coming Soon?

22.11.2022
Bank of England (BoE), the UK’s central bank, warned consumers about the risks of using decentralized finance (DeFi) protocols shortly after the crypto exchange FTX collapsed. The warning from the central bank was given in a speech by Deputy Governor of the Bank of England, Jon Cunliffe, at...

Genesis Global Capital Has Hired Investment Bank Moelis to Explore Options Including Bankruptcy: New York Times

22.11.2022
Separately, the CEO of Genesis' parent company disclosed that it had a roughly $575 million liability to Genesis

News Summary: Indian CBDC Pilot to Launch Within a Month, Three Arrested for Major Crypto-related Crimes, EQONEX Files for Debt Restructuring

22.11.2022
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: News Summary: Indian CBDC Pilot to Launch Within a Month, Three Arrested for Major Crypto-related Crimes, EQONEX Files...