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Brian Brooks, Crypto-Friendly Bank Regulator, Expected to Step Down This Week: Report
12.1.2021
The Acting OCC head will reportedly end his brief tenure running the federal banking regulator by the end of the week
NYDIG Taps Fintech Firm Moven to Bring Bitcoin to Your Bank
12.1.2021
“If PayPal and Square can do it, then community banks should be able to do it too,” said Moven founder Brett King
Bitcoin price climbs 20% overnight as US banks brace for 40% profit cut
12.1.2021
Bitcoin made a swift 20% recovery from the weekend’s bloodbath, while American banks prepare to post major losses in their upcoming quarterly reports
Korea’s Shinhan Bank makes strategic investment in crypto custody consortium
11.1.2021
South Korea’s Shinhan Bank has invested in a crypto custody service backed by local crypto exchange Korbit
Chinese Bank Trials Digital Yuan Services at ATMs: Report
11.1.2021
Trials of China's central bank digital currency continue, with ATMs now starting to be used in Shenzhen
Reddit User Finds 127 Old Bitcoins at Grandpa’s House – Pockets Over $4 Million After Selling
11.1.2021
A Reddit user says he (or she) recently regained access to the keys of 127 bitcoins eight years after last accessing the coins. Immediately after regaining access, the user sold all the bitcoins and pocketed over $4 million in the process. According to the user, they received the bitcoins...
State-owned Chinese bank rolls out ATMs for digital yuan
11.1.2021
The Agricultural Bank of China has launched an ATM pilot program that enables citizens to convert cash and savings to and from the digital yuan
Bank of America Predicts ‘Mother of All Bubbles’ for Bitcoin
10.1.2021
Bank of America’s chief investment strategist sees “the mother of all bubbles” in bitcoin. He compared the cryptocurrency’s recent rally to other bubbles, emphasizing the “increasingly speculative” investing behavior of bitcoin. Bank of America Warns of Huge...
China Launches Digital Yuan ‘Hard Wallet’ Card Pilot Program
10.1.2021
The People’s Bank of China (PBoC) have green lighted a physical card-wallet pilot to test its digital yuan. Coffee shop staff in a Shanghai-based university hospital was chosen as participants in the pilot. Wallet Card Can Pay or Accept e-CNY Without Wi-Fi or a Mobile Connection According...
Morgan Stanley Massively Increases Bitcoin Exposure Through Microstrategy
9.1.2021
Global investment bank Morgan Stanley has increased its bitcoin exposure manyfold by investing in Microstrategy, the Nasdaq-listed company which currently holds about 70,470 bitcoins. Morgan Stanley now has a 10.9% stake in Microstrategy. ‘Even Banks Want Bitcoin’ Global financial...
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