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Upbit's main banker targets 2022 IPO amid massive crypto user on-boarding
3.3.2021
K bank, the major fiat on-ramp for South Korean crypto exchange Upbit, has set its sights on going public in 2022
Crypto Bank Expands in India — Confident Government Will Approve Legitimate Use of Cryptocurrencies
2.3.2021
Crypto bank Unicas, a joint venture between Cashaa and United Multi State Credit Cooperative Society, has expanded its operations by opening another physical branch. The bank believes that the Indian government will introduce positive crypto regulation and not impose an outright ban...
Goldman Sachs Brings Back Bitcoin Trading Desk as the Firm Sees Crypto Market Becoming More Mature
2.3.2021
Global investment bank Goldman Sachs has brought back its bitcoin trading desk and will start handling bitcoin futures next week. The firm is also reportedly exploring the potential for a bitcoin exchange-traded fund (ETF) and plans to provide a crypto custody service. Goldman Sachs Group Inc....
Crypto bank opens physical location in India's capital as potential regulatory ban looms
1.3.2021
Unicas is planning to open 50 banks in India by the end of the year, but a proposed bill banning crypto could complicate matters
Central bank digital currency a mixed blessing, says RBI
1.3.2021
The Reserve Bank of India has described central bank digital currencies as a mixed bag in its report on currency and finance for 2020–2021
Nigerian Vice President Yemi Osinbajo Contradicts Central Bank, Says Cryptocurrencies Must Regulated and Not Prohibited
27.2.2021
In an apparent rebuke of the Central Bank of Nigeria (CBN), the Vice President of Nigeria Yemi Osinbajo says the country’s monetary authorities must consider regulating crypto assets. He adds that instead of “killing the goose that might lay the golden egg”, Nigerian monetary...
Chinese Authorities Warn About ‘Sophisticated’ Digital Yuan Scam- Promotes Access to a ‘$186M Secret’ Government Fund
27.2.2021
As China keeps paving the way to adopt its central bank digital currency (CBDC), scammers are also actively emerging on the scene. The police in a Chinese province are now warning about a “sophisticated” CBDC-themed scam. Bogus Platform Is Set to Be Launched in March, Say Scammers...
177-Year-Old Swiss Bank Bordier to Offer Bitcoin and Other Crypto Trading Services
26.2.2021
A 177-year-old bank in Switzerland has enabled cryptocurrency trading within its services, with expectations to expand. Bordier & Cie SCmA added bitcoin and other cryptos to its list of services by partnering with a well-known domestic crypto player. Bordier Customers Can Also Buy and Hold...
Central Bank of Nigeria Governor Defends Decision to Exclude Crypto Players, Says the Order Is ‘in the Best Interests of Nigerians’
26.2.2021
The governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has defended the apex bank’s decision to exclude cryptocurrency transactions from the banking ecosystem. In his testimony before the Nigerian Senate, Emefiele claimed that the February 5 directive is “in the best...
Indian Central Bank Informs Government of Major Crypto Concerns — Digital Rupee ‘Receiving Our Full Attention’
25.2.2021
India’s central bank governor Shaktikanta Das has revealed that the bank has “major concerns” about cryptocurrencies, and it has informed the government of them. He expects that the government will soon make a decision on cryptocurrency. Meanwhile, the Reserve Bank of India (RBI)...
India’s largest crypto exchange adopts decentralized Unstoppable Domains
25.2.2021
India's largest cryptocurrency exchange will use Unstoppable Domains to create and host blockchain-based URLs, despite the nation's impending Bitcoin ban
Bitcoin Has No Intrinsic Value, Asset Is Too Volatile, Says Bank of Korea Governor
25.2.2021
Bank of Korea Governor Lee Ju-yeol has said that crypto assets like bitcoin have no intrinsic value – put simply, a measure of what an asset is actually worth. ● Speaking in the National Assembly on Feb. 23, Lee forecast that bitcoin (BTC) will see increased price swings going forward...
Indian Central Bank Playing by Same Anti-Crypto, Pro-CBDC Rules as China, EU
24.2.2021
The head of the Reserve Bank of India (RBI), the subcontinent’s central bank, has again indicated that the government might seek to enact a crypto crackdown – while attempting to gazump the crypto sector by releasing a digital rupee.
In an interview with CNBC-TV18, RBI Governor Shaktikanta...
Bitcoin ETF War, New Ethereum ETP, Swiss Bank Goes Crypto + More News
24.2.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investing news
Canada-based Evolve Funds Group said it has lowered the management fee on their Bitcoin ETF by 0.25 percentage point to 0.75% just...
Canadian bank plans to launch dollar-backed digital currency 'in the coming months'
24.2.2021
Stablecorp CEO Jean Desgagne said VersaBank's digital currency was intended to provide an alternative to concerns over volatility and security in crypto markets
The Fed Is Carefully Examining Digital Dollar — Chairman Jerome Powell Says ‘Very High Priority Project for Us’
24.2.2021
Federal Reserve Chairman Jerome Powell has provided an update on the progress of a digital dollar. He confirmed that it is a “very high priority project” for the Fed, and agrees with U.S. Treasury Secretary Janet Yellen on the benefits of issuing a digital dollar. The Fed Is Looking...
'Cryptocurrency is not legitimate money,' says Nigeria's central bank governor
24.2.2021
Nigeria’s central bank is doubling down on its anti-cryptocurrency stance
Standard Bank Group Partners with Hedera Hashgraph
24.2.2021
Hedera, a public Hashgraph network and Governing Council, has partnered with Standard Bank Group, the largest African Bank in terms of assets, to bind the loose ends that exist in cross-border trade processes. The cross-border trades are still beset with lengthy settlement periods, asymmetry...
Hedera makes inroads in Africa as Standard Bank Group becomes node operator
24.2.2021
Standard Bank Group has become the first African node operator on the Hedera network
India's central bank ‘very much in the game‘ with digital currency project
24.2.2021
The Reserve Bank of India is getting ready to launch its own central bank digital currency