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OCC Wants to End Banks’ Discrimination of Disfavored Businesses Including Crypto Companies
23.11.2020
The OCC is proposing a rule change that compels large U.S. banks to offer and provide fair access to financial services to anyone that wants them. The proposition seeks to clarify the obligation of large banks to provide fair access to financial services in a manner consistent with the Dodd-Frank...
Wallex: The Rainbow in The European Grey Zone
22.11.2020
The evolution of new digital technologies has created a new shift in the value proposition for financial products and services. Digital asset management based on distributed ledger technology has opened the gates to financial institutions and regulators, with the aim of disrupting this new wave....
Crypto Assets in South Africa Would Be Considered Financial Products Under Regulator Proposal
21.11.2020
If implemented the declaration would require crypto firms in South Africa to register as a financial services provider
South Africa Unveils New Crypto Rules as Usage Soars Exponentially
21.11.2020
The South African financial regulator has published a draft declaration of crypto assets as financial products. The regulator says South Africa has experienced “an exponential increase in the provision and use of crypto assets.” South Africa’s Crypto Regulation South...
Why DeFi Matters: Making Financial Services More Accessible
21.11.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Earlier this year, a new “hot” word appeared, and the crypto space has witnessed an incredible hype around DeFi projects, which has drawn a lot of attention to decentralized finance and brought in a lot of...
Tokenization will bring desirable stability to emerging markets
21.11.2020
Tokenization has a long way to go before it will uplift populations in emerging-market states, but it will bring the needed stability
‘Coordinated media FUD' about Bitcoin from Financial Times to Fox Business
20.11.2020
In light of Bitcoin’s recent price rally, mainstream media has started to cover the industry again, but remain unconvinced it's a true store of value
Texas Financial Regulators Crack Down on 15 Alleged Crypto Scams
19.11.2020
Many of the alleged crypto scams had a common tactic: savvy social media posts to draw victims in
Quppy Users Are Offered a Referral Program
19.11.2020
PRESS RELEASE. Quppy services can now be referred for an attractive direct cashback. The Quppy digital financial solution is launching its first referral program. Quppy current and new users are now provided with their unique referral links to share among their communities. The Quppy referral...
US Banks Face a Massive Commercial Real Estate Crisis Looming on the Horizon
17.11.2020
Financial incumbents may face a harsh reality soon, as a commercial real estate crisis has threatened the profits from America’s largest banks. A number of reports show that banks with a large amount of commercial real estate in their portfolios may see a significant fallout in the next...
Nigerian Authorities Put Mastermind of the Inksnation Crypto Scam on Wanted List
16.11.2020
Nigeria’s Economic and Financial Crimes Commission (EFCC) is seeking the public’s help in locating Omotade Sparks Amos Sewanu, the mastermind behind the Inksnation crypto scam. According to a notice published in the local media on November 11, the EFCC wants Sewanu to respond to fraud...
BTC Options Open Interest Surges, Traders Look to an Unfilled Bitcoin Futures Gap at $18K
15.11.2020
Bitcoin prices have been volatile during the last few weeks, but have managed to climb higher in value at the same time. This week bitcoin derivatives markets, specifically futures and options, show that crypto asset traders should expect more swings going forward. Some traders believe that...
The DeFi market desperately needs to connect with real-world assets
14.11.2020
Connecting DeFi with traditional financial instruments will give a massive boost to the whole market
Printing $1.7 Trillion for Climate Change: How Joe Biden’s Administration Aims to Push the ‘Green New Deal’
13.11.2020
In 2020, the U.S. Federal Reserve has injected an enormous amount of U.S. dollars to special interests in the banking sector in order to combat the economic effects stemming from the coronavirus outbreak. This week the central bank published its financial stability report and the Fed discussed...
Russia Proposes New Rules and Penalties for Cryptocurrency Owners
13.11.2020
The Russian Ministry of Finance has developed new amendments to the country’s cryptocurrency regulation. The proposal outlines a new set of rules for crypto owners, exchanges, and miners, as well as penalties for undeclared crypto transactions. Russia’s New Crypto Regulation...
100 billion reasons Apple should get behind Bitcoin: Michael Saylor
12.11.2020
Portfolio manager Dan Weiskopf has a win/win plan for a fitting marriage between tech’s biggest giant and Bitcoin, which has been endorsed by Michael Saylor
Biden Confirms Crypto-Savvy Gary Gensler Will Lead Financial Policy Transition Team
10.11.2020
Gary Gensler, Simon Johnson and Mehrsa Baradaran are among the policy experts versed in crypto and blockchain issues named to Biden’s transition team
Lebanon to launch digital currency in face of economic and financial turmoil
10.11.2020
Lebanon's central bank governor says the country, whose lira has been in freefall, is preparing to launch a digital currency in 2021
Investors are back into Bitcoin but DEXs are still the future of crypto
9.11.2020
Bitcoin’s rally to $15.9K stole the limelight from DeFi tokens and decentralized exchanges but the tables could turn rapidly
NeoBenk’s Global Partners Program Offers Financial Services
9.11.2020
Hailed as one of the most trusted global digital payment service providing entities, NeoBenk has announced the launch of its highly-anticipated product, the Global Partners Program, on November 20 for the digital asset customers. The newly launched project has been curated to expand the cluster...