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Relm Launches Insurance Coverage for Cryptocurrency and Cannabis Groups in Tough Regulatory Climate

4.3.2020
Bermuda-based insurance company Relm has announced an official launch of operations, issuing a press statement March 3, stating the group will “focus on digital asset (cryptocurrency) enterprises and cannabis and hemp related businesses.” The business, owned by Deltec International...

Indian Supreme Court Rules in Favor of Cryptocurrency — RBI Ban Lifted

4.3.2020
A historic day for the Indian crypto community, the supreme court has finally ruled on the case against the banking ban by the central bank, the Reserve Bank of India (RBI). The court held that the RBI circular which places a banking ban on the crypto industry is unconstitutional. Also read:...

Bank of England Official Warns Against Crypto, Stablecoins + More News

3.3.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Digital fiat news Bank of England Deputy Governor Sir Jon Cunliffe said in a speech that crypto adoption could be a threat...

Binance Lets Turkish Customers Directly Deposit Fiat With Bank Integration

3.3.2020
Binance has launched a direct channel integration with Istanbul-based Akbank, allowing users to deposit Turkish lira to their exchange accounts

This Major Turkish Bank Is The Latest Binance Partner for Fiat-to-Crypto Transfers

2.3.2020
Binance CEO CZ: “We abide by the local laws and regulations and are committed to providing secure services to our users”

Bitcoin Rebounds as Coronavirus-Infected Stocks Get Jolt From Fed, BOJ

2.3.2020
Bitcoin jumped the most in two weeks Monday, surging alongside U.S. stocks amid speculation that the Federal Reserve and other central banks will support markets as the coronavirus spreads

BIS: No Central Bank Digital Currencies Focus on Cross-Border Payment

2.3.2020
None of the 17 ongoing central bank digital currency projects is focused on cross-border payments, the Bank for International Settlements says

Bank of England Warns Crypto Adoption May Impact Credit Creation

2.3.2020
The Bank of England official urges regulators to prepare before stablecoins become “systemically important”

Cryptocurrency Could Kill Bank Lending, Warns Bank of England Deputy Governor

1.3.2020
In the cryptocurrency economy, the supply of credit through the banking system could disappear, warned Bank of England Deputy Governor Sir Jon Cunliffe. That would be a change with “profound economic consequences,” he added, emphasizing the risks from Facebook’s Libra project...

BIS Paper Reckons With P2P Payments, Tokenized Securities, Central Bank Digital Currencies

1.3.2020
Researchers at the Bank for International Settlements say the future of payments may be peer-to-peer, but a number of considerations must be satisfied before distributed ledger-based systems can go mainstream

A Sea Change to Crypto Hits America, Again

1.3.2020
A sea change is coming to cryptocurrency in America. It is likely to hit in two separate waves: a central bank digital currency (CBDC) and draconian regulation that shuts down free-market activities, including development. Also Read: No Backdoor on Human Rights: Why Encryption Cannot Be Compromised...

Sharia Compliance in Bitcoin – What It’s All About, and Why Exchanges Like Beldex Seek Muslim Traders

29.2.2020
Money is a critical part of everyone’s life, and for the religious it is even viewed as a matter of eternal consequence. While those on the outside may be unaware of the importance finance takes on in circles of faith, these beliefs nonetheless affect and impact the businesses and economies...

Brazil’s PIX Payments System Has the Same Spirit, but Not a Blockchain Structure

28.2.2020
When PIX is implemented, a number of Brazilan banks could take a hit. Point-of-sale machines and payment processing firms could become scarce

Fed Coronavirus Rate Cut May Beat Bitcoin Inflation After 2020 Halving

28.2.2020
The Fed may bring short-term rate under 1% this year, traders are betting as coronavirus continues its spread

South Korea’s NH Bank Debuts Samsung-Backed Blockchain ID System

27.2.2020
South Korea’s NongHyup Bank rolls out first commercial use of blockchain ID technology backed by tech giant Samsung

Bank of Japan Official Calls for Deeper Understanding of Digital Currencies

27.2.2020
Advanced economies should focus on addressing money laundering and oversight instead of issuing digital currencies, says a Bank of Japan official

Lebanon Fights for Separation of Money and State as Residents Use Bitcoin to Evade Capital Controls

27.2.2020
Mass unrest in Lebanon due to allegations of political corruption and heavy handed capital controls has carried over into the new year, with reports pointing to a notable uptick in bitcoin trading from the embattled nation. As residents seek to preserve as much value as they can while government...