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Mastercard Exec Accused of Money Laundering Cover-Up at Bank With Ties to Wirecard

28.7.2020
Wirecard has been implicated in a new report on alleged criminal activities by a Mastercard executive operating at the FBME bank in Cyprus

Digital Bank Revolut Adds Stellar to List of Supported Cryptocurrencies

28.7.2020
Users will now be able to buy and sell XLM on Revolut’s platform, the fintech firm announced Tuesday

Silvergate’s Bitcoin-Backed Lending Product Grew 80% in the Last Quarter

27.7.2020
Silvergate Bank continued to add a steady drip of crypto customers in Q2 but its issuance of bitcoin-collateralized loans is what stood out

Income Inequality: Can Bitcoin or Other Cryptocurrencies Fix This?

24.7.2020
Despite the benefits of crypto being in the hands of the few, the current crisis may be a harbinger of change

Crypto Bank Hopeful Bitcoin Suisse Raises $48M in First-Ever Round

24.7.2020
Bitcoin Suisse said some of the funding will go on new product offerings if its banking license applications are successful

Czech Central Bank Board Member Criticizes CBDCs as ‘Helicopter Money’

24.7.2020
The Czech National Bank's Tomas Holub said in an interview that central bank digital currencies raise more questions than answers right now

New Russian Law Bans Bitcoin Payments for Goods and Services

24.7.2020
Russian lawmakers have passed a bill that gives legal status to cryptocurrencies such as bitcoin – but bans them from being used to pay for goods and services. Legislators approved the Digital Financial Assets (DFA) bill on July 22 after its third and final reading. It had already won backing...

Signature Bank’s Crypto Deposits Grew $1B in Q2

23.7.2020
Out of the nearly $8 billion in deposit growth that Signature Bank saw in the second quarter of 2020, $1 billion was raked in by the firm’s digital assets team

"There's a Bitcoiner In the Hen House," Pomp Says Regarding Crypto Bank Regulation

23.7.2020
Anthony Pompliano, often referred to as Pomp, weighed in on a recent regulatory update, helped in part by a crypto industry player

Bitcoin Rallies 5% as US Regulator Greenlights Bank Crypto Custody

23.7.2020
Bitcoin price surged 5% to $9,664 less than 24-hours after the Office of the Comptroller of the Currency announced U.S. banks can provide crypto custody services

Wyoming-Based Avanti to Open in October With a New Bank-Issued Digital Asset

23.7.2020
Wyoming's crypto-friendly Avanti Financial expects to open its doors this October with a new bank-issued digital asset, the Avit

Fiat Will Be a Passing Fad In the History of Money - Deutsche Bank Strategist

23.7.2020
Fiat money will be a passing fad in the long-term history of money, while gold, as a hedge against government money, is outperformed by equities in the long run, according to Jim Reid, Research Strategist at German banking giant Deutsche Bank. In a note to clients on Wednesday, he admitted that...

Boston Fed Wants to Hire a Digital Currency Engineer

23.7.2020
The one-year position will work on the Applied Fintech Research team's digital currency experiments

US Regulator Green-Lights Banks for Cryptocurrency Custody Services

23.7.2020
The Office of the Comptroller of the Currency (OCC) has clarified that national banks and federal savings associations can provide cryptocurrency custody services for customers. The OCC sees banks providing crypto custody services as “a modern form of traditional bank activities related...

Philippines Now Has 16 Cryptocurrency Exchanges Approved by Central Bank

23.7.2020
The number of regulated cryptocurrency exchanges in the Philippines has grown to 16, according to Bangko Sentral ng Pilipinas, the country’s central bank. One of the regulated exchanges has been helping the government and Unionbank to launch an app for bond purchases. 16 Registered Crypto...