Search

Nalezeno "KB Bank": 7650

Indian central bank clarifies regulations as local banks shun crypto

31.5.2021
Banks like HDFC and State Bank of India reportedly cautioned customers against crypto, citing the RBI’s quashed crypto circular

Japan’s Top Financial Watchdog Sends a Warning Crypto Derivatives Exchange Bybit

31.5.2021
The Japanese government’s Financial Services Agency (FSA) has issued a warning to the crypto derivatives exchange Bybit claiming that the trading platform is allowing residents of Japan access to the exchange. The news follows the Bank of Japan Governor Haruhiko Kuroda criticizing digital...

Bitcoin ‘of great concern,’ Ireland’s central bank official warns

31.5.2021
Cryptocurrency investors should be ready to lose all their holdings, according to Ireland’s central bank financial conduct director

Central Bank of Brazil Issues Guidelines for Its CBDC

31.5.2021
The Central Bank Of Brazil, the highest monetary authority of the country, has released a note listing the general guidelines for the design of a hypothetical central bank digital currency (CBDC) for the country. While there are still no concrete steps taken in this direction, at least the document...

Major British Bank Natwest Alerts Customers With Tips to Avoid Cryptocurrency Scams

31.5.2021
Major British bank Natwest has launched an alert to urgently warn its customers of cryptocurrency scams, which have been on the rise. The bank has provided several tips for customers “thinking of investing in bitcoin or other cryptocurrencies” on how to spot scams involving...

Central Bank of Sweden Invites Financial Market Actors for Second Phase of E-krona Pilot

30.5.2021
Sveriges Riksbank, the central bank of Sweden, will carry out the next stage of its e-krona project with the help of two organizations from the financial sector. The move signals a transition from the initial in-house testing with simulated participants to cooperation with real, external partners....

JPMorgan Boss Jamie Dimon Personally Advises People to ‘Stay Away’ From Cryptocurrency

30.5.2021
JPMorgan Chase CEO Jamie Dimon has given personal advice to investors regarding investing in cryptocurrencies, like bitcoin. He said that his own personal advice to people is to “stay away” from cryptocurrencies. However, his bank, JPMorgan, will not stay away as clients want exposure...

Bank of America, Citigroup, Wells Fargo Unveil Their Cryptocurrency Policies

30.5.2021
Bank of America, Citigroup, and Wells Fargo have shared their policies regarding cryptocurrency before the U.S. Senate banking committee. The three banks are in different stages of offering crypto services to their clients. They also lag behind some of their peers, such as Morgan Stanley...

BOJ’s Kuroda Criticizes Bitcoin — Central Bank Governor Says Trading Is ‘Barley Used for Settlement’

28.5.2021
Following the recent developments in China and the environmental concerns about bitcoin’s energy consumption, the Bank of Japan Governor Haruhiko Kuroda criticized the leading crypto asset bitcoin in an interview on Thursday. BOJ’s Kuroda Says Bitcoin ‘Volatility...

Bank of Japan governor slams Bitcoin, calls BTC a speculative asset

28.5.2021
The BOJ governor says Bitcoin is a speculative play while issuing warnings over price volatility

A Look at Why Venezuela Is the Third Country With the Most Crypto Adoption

28.5.2021
Venezuela has been listed as the third country with the most cryptocurrency adoption in the world by Chainalysis in its 2020 report. With its citizens coping with crippling inflation and losing purchasing power, the country has taken a turn for these assets to survive. But what are the real numbers...

Crypto will ‘come to life’ in Nigeria, central bank governor says

28.5.2021
Emefiele said the Nigerian government will do its best to prevent crypto from being used to finance illicit activities

Nigeria’s Naira Loses Ground on Forex Black Market Just a Few Days After Devaluation

28.5.2021
The Nigerian naira currency lost further ground against major currencies after it depreciated to 493 nairas for one dollar on the black market on May 25, 2021. Before the latest depreciation, the currency had stabilized at around 485 nairas to the dollar. This was shortly after the exchange rate...

OKex embraces Brazil’s official fast payments system PIX, as CBDC draws nearer

28.5.2021
OKEx, Crypto.com, and LocalBitcoins have integrated Brazil’s PIX instant payments system

Hope for South Korean Crypto Exchanges as Bank Keen on Contract Renewal

28.5.2021
There may be a glimmer of hope at last for the South Korean crypto exchanges fearing for their future, with the neobank K-Bank reportedly set to renew its contract with the market-leading trading platform Upbit – just days after three major commercial banks ruled out the prospect of doing...

Danish Central Banker Tempted to Ignore Cryptocurrency — Sees Real Threat in ‘Big Tech Invading Currency Area’

28.5.2021
Denmark’s central bank governor Lars Rohde says that he can be tempted to ignore cryptocurrency, stating that it is not a threat to the central bank at present. However, he pointed out that the real threat could come from big technology companies “invading the currency area or...

Zimbabwean Fintech Lawyer and Proponent Pushes for Crypto Regulation via Private Legislative Bill

28.5.2021
A Zimbabwean fintech lawyer, Prosper Mwedzi, recently initiated a process that seeks to bring recognition and regulation of cryptocurrencies. Under this private member bill procedure, a legislative proposition initiated by private citizens will be debated in the Zimbabwean parliament. If the crypto...