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Deutsche Bank and Bitpanda Collaborate Amid Crypto Banking Challenges


Deutsche Bank is collaborating with Bitpanda to manage customer fiat deposits and withdrawals for the Austrian crypto broker. This collaboration addresses the challenges crypto platforms have faced in securing banking partners after the 2023 collapse of key crypto-friendly banks. Deutsche Bank will...

BIS Plans Instant Cross-Border Payments Using Wholesale CBDC Settlement


In a move to improve traditional cross-border payments, the Bank for International Settlements (BIS) has announced the launch of Project Rialto. This project aims to enhance instant cross-border payments by integrating a modular foreign exchange (FX) component with settlement in wholesale central...

India Repatriates 100 Tonnes of Gold From UK, Aims to Move More


According to local media reports, the Reserve Bank of India has repatriated 100 tonnes of gold that was held in the vaults of the Bank of England. The operation, carried out in special circumstances due to the quantity of gold moved, may be repeated as India seeks to hold more gold domestically...

Ex-Bank Robber's New Heist: Scamming Pokémon Card Buyers For Millions


Pokémon cards and crime are intimately intertwined at this point, as the collectible cards are often wrapped up in robberies and scams due to their high resale value. Some of the stories surrounding Pokémon card sales have reached tragic ends, and the entire subculture of scalping, stealing,...

Israel to Launch Digital Shekel Test for Payment


The "digital shekel," also known as the central bank digital currency (CBDC), is being developed at a faster pace by the Bank of Israel (BoI). The bank recently provided an update on May 28 that included preparations for the payment use case of the CBDC through the 'Digital Shekel Challenge'...

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