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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...
Medici Bank Launches Private Beta Testing in October: Report
26.9.2019
Medici Bank launches private beta testing in partnership with at least two crypto-related firms in October
Venezuelan Central Bank is Considering Holding Bitcoin and Ether
26.9.2019
State-owned oil and gas company PSDV asks Venezuelan central bank to explore storing BTC and Ether
ABN AMRO in Money-Laundering Scandal After Calling Bitcoin ‘Risky’
26.9.2019
Dutch bank ABN AMRO finds itself in the midst of a major alleged money laundering scandal, having leveled criticisms at “unregulated cryptocurrencies” earlier this year
Ex-UBS Head Wants His Crypto Bank to Tap $220B Cryptocurrency Market
26.9.2019
Peter Wuffli, former head of UBS, and director at Swiss crypto bank Sygnum sees a tremendous opportunity in providing custody services for cryptocurrency holders
The New Medici Bank Is About to Take On Its First Crypto Clients
26.9.2019
The new crypto-friendly institution, founded by a descendant of the Renaissance-era banking dynasty, is about to onboard its first clients
Repo Market Meltdown Shows Bitcoin’s ‘Systemic’ Stability: Caitlin Long
26.9.2019
Bitcoin is systemically more stable than traditional finance, argues Wyoming Blockchain Coalition president Caitlin Long in the wake of the recent repo market unrest
Russian Banks: We’ve Found Ways to Tax Crypto Without Changing the Law
26.9.2019
Russian bankers and their lawyers appear to have uncovered creative legal loopholes that could let tax authorities in the country tax crypto holders – without even having to change the country’s taxation code.
Per a report from Izvestia, the Association of Russian Banks has drawn up a document that...
Libra Crypto Is ‘Undoubtedly’ a Wakeup Call for Central Banks, Says ECB Exec
26.9.2019
The Facebook-backed stable coin solves problems and could create others
Lloyds Bank Partners With Blockchain Platform to Streamline Trade Finance
25.9.2019
Lloyds Bank partners with blockchain firm Komgo to streamline its commercial bank division
ECB Exec Says Libra Could Address Failings of Global Payments System
25.9.2019
Libra has been a wakeup call for banks to consider major issues in global payment systems, an ECB board member says
Binance Now Lets Users Buy 5 Cryptocurrencies with Debit, Credit Card
25.9.2019
Binance clients can now buy 5 cryptos using credit and debit cards by Visa and MasterCard
Swiss Banks Team With Fintechs to Enter the Crypto Space
25.9.2019
Multiple joint projects between banks and crypto companies based in Switzerland now offer customers the opportunity to invest in digital assets and take advantage of banking services related to cryptocurrencies. It’s all happening in a regulated environment, generally friendly towards...
Major Banks Santander, MUFG Lead $14M Investment in Securitize
24.9.2019
Banco Santander, MUFG’s VC arms led a $14 million funding round for Coinbase-backed Securitize
Bank of Japan Governor: Libra Needs Globally-Coordinated Regulation
24.9.2019
Facebook’s planned Libra stablecoin could have a “huge impact on society,” says the governor of the Bank of Japan
Japan’s Central Bank Chief Calls for International Effort on Libra Regulation
24.9.2019
The governor of the Bank of Japan has called for global cooperation in regulating stablecoins like the Facebook-led Libra
SIX Swiss Exchange Postpones Launch of Blockchain-Powered Digital Exchange
23.9.2019
SIX Swiss Exchange has postponed the launch of its blockchain-based SIX Digital Exchange
Swiss Bitcoin Bank: UBS, Credit Suisse Interest ‘Clearly Picked Up’
23.9.2019
“I don’t see a bubble right now. I see more serious business planning and solutions addressing client needs,” says UBS ex-CEO Peter Wuffli of the crypto sector
Five Major South Korean Banks Join JPMorgan Blockchain Project
23.9.2019
Five of South Korea’s biggest banks have joined JPMorgan’s cross-border, blockchain-powered payments initiative, the Interbank Information Network (IIN). The network operates on Quorum, a platform based on the Ethereum blockchain.
According to an Fn News report, KEB Hana Bank, Shinhan Bank, Woori...
First Singapore Bank Joins JPMorgan’s Blockchain Payments Initiative
20.9.2019
JPMorgan's blockchain payments network has just onboarded its first Singapore-based bank, OCBC