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Major South Korean Bank Shinhan Is Set to Offer Crypto Custody-Related Services
9.1.2021
A major commercial bank in South Korea is entering the crypto business by allocating an equity investment in the Korea Digital Asset Trust (KDAC). Shinhan Bank is looking to offer digital asset custody services. Bank Expects to Offer Tech Capabilities to Face Defi-Related Hacking Risks According...
Bitcoin Auction, Norwegian Digital Bank, Bakkt Merger + More News
8.1.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Bitcoin news
The Finnish treasury is in for a whopping boost as the nation’s customs agency prepares to auction off BTC 1,981 (USD 81m). The vast...
Third Major South Korean Bank to Enter Crypto Custody Fray
7.1.2021
More mainstream South Korean financial companies are taking the crypto plunge, with Shinhan Bank, one of the biggest commercial banks in the country, making a move into the crypto custody industry with a strategic equity investment in the Korea Digital Asset Trust (KDAC).
The KDAC is...
Wednesday's Best Deals: Always Pan, PlayStation Plus, Clinique Sets, Weighted Blanket, Naipo Neck and Back Massager, Aukey Wireless Charging Bank, and More
6.1.2021
The Always Pan and a PlayStation Plus subscription lead Wednesday’s best deals.Read more
Vietnamese bank issues its first letters of credit on the blockchain
6.1.2021
HDBank has processed its first L/C transactions since joining the Contour platform for international trade
Ukraine Chooses Stellar Foundation to Develop Its CBDC, Regulatory Infrastructure for Stablecoins
6.1.2021
The Ministry of Digital Transformation of Ukraine has picked the Stellar Development Foundation (SDF) to develop its central bank digital currency project (CBDC). Ukraine Picks Stellar Foundation to Develop Its Central Bank Digital Currency and National Virtual Asset Strategy According to...
Kyrgyzstan's central bank opens up crypto draft laws to public discussion
6.1.2021
The central bank of The Kyrgyz Republic has drafted regulations that recognize cryptocurrency exchanges in the country for the first time
Kyrgyzstan Central Bank Is Set to Introduce Bills to Monitor Crypto Exchanges Activities and Forcing Them to Apply for Permits
6.1.2021
The National Bank of the Kyrgyz Republic (NBKR) revealed its new-year plans for the national crypto industry. They are about to introduce two drafts to regulate the country’s exchanges that aim to combat terrorism, money laundering, and protecting consumers. Kyrgyzstan Central Bank Set...
Chilean Court Orders Two Major Banks to Keep Open Checking Accounts of Crypto Exchange Buda
5.1.2021
Chile’s Free Competition Defense Court (TDLC) ruled in favor of the Latin American cryptocurrency exchange Bud after their checking accounts were closed by two major banks in the midst of a lawsuit related to a Ponzi scheme unrelated to the exchange. Chilean Court Rejected Petitions From...
Russia's Central Bank tries to stem the tide of rubles leaving bank accounts
4.1.2021
With the declared intent of reducing risk, the moves look to cut new investors off from opportunities to get out of the ruble
Selected Shenzhen residents to get lottery 'red envelopes' with digital yuan
4.1.2021
Winners of the city's lottery will have 10 days to spend their gifted digital currency, at any of 10,000 supported merchants
FinCEN Wants US Citizens to Disclose Offshore Crypto Holdings of $10K+
31.12.2020
The Financial Crimes Enforcement Network wants U.S. persons who hold crypto in offshore accounts to report holdings over $10,000
Thursday's Best Deals: LG 4K Monitor, Google Nest Audio 2-Pack, Crash Team Racing, Sunday Scaries CBD Gummies, Style & Co Dress Boots, Aukey Power Bank, and More
31.12.2020
An LG 4K monitor and Google Nest Audio 2-pack lead Thursday’s best deals.Read more
Nasdaq Listed Greenpro Capital to Set up Bitcoin Fund Using a $100 Million Loan
31.12.2020
The Nasdaq listed Greenpro Capital Corporation has revealed plans to set up a bitcoin fund using $100 million in borrowed funds. In addition to the borrowed funds, Greenpro, through its subsidiary Cryptosx, says it plans to use its own cash resources to acquire the digital asset. The financial...
Indian crypto bank opens physical location, eyes 100 branches by 2022
30.12.2020
India is now home to the world’s first physical crypto bank branch despite regulatory uncertainty surrounding virtual currencies in the country
Physical Crypto Bank Opens in India — These 14 Locations Offer In-Person Banking, Lending, Crypto Exchange
30.12.2020
A crypto bank has begun opening physical branches in India through a joint venture between Cashaa and United Multistate co-op society. Customers can open bank accounts, buy and sell cryptocurrencies, obtain crypto-backed loans, as well as learn about crypto. Crypto Bank Opens Physical Branches...
The Bitcoin revolution: The new ‘Bank of England’ is 'no bank at all'
29.12.2020
The heirs to the Bank of England may think they’re still leading, but their only options are to follow crypto or get out of the way
Digital Currencies Could Outshine SWIFT System, Says Central Bank of Russia’s Deputy Governor
29.12.2020
The first deputy governor of the Central Bank of Russia (CBR) has been vocal in a recent online meeting, reported by Russia Today (RT), about the topic of digital currencies challenging the SWIFT international payments system and make it redundant. Digital Currencies Could Challenge SWIFT System...
Vauld Raises $2 Million to Establish Stronghold in India
28.12.2020
Singapore-based crypto bank Vauld is working hard to elevate crypto to the status of a separate, viable asset class. It combines the functionality of an exchange with all the essential offerings of a bank, except it’s for cryptocurrencies. Vauld Raises $2 Million The Vauld team just raised...
Central Bank of Iran Official Says Cryptocurrencies Have ‘Made No Contribution to Bypassing Sanctions’
28.12.2020
An official with the Central Bank of Iran (CBI) has claimed that cryptocurrencies have played no significant role in Iran’s sanction hit economy. According to Mohammadreza Mani Yekta, the deputy head of CBI’s office for payment systems, “studies” have shown that digital...