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Crypto-friendly DBS Bank launches digital yuan payment tool
5.7.2023
Crypto-friendly bank DBS has conducted the first e-CNY transaction for corporate clients, involving a catering company in Shenzhen
Wyoming: Regulatory Clarity and Crypto-Friendly Banks Fuel Blockchain Revolution
27.6.2023
America’s least populous state has passed three dozen laws regulating crypto. That has helped attract crypto, blockchain and Web3 employers and made the No. 7 spot in CoinDesk’s Crypto Hubs 2023 the most crypto-friendly state in an otherwise uncertain U.S. regulatory environment
Crypto Friendly Xapo Bank Expands to India, Rest of South Asia
22.6.2023
Xapo's CEO said the move "is in line with the positive shifts we are witnessing in Asia’s evolving crypto landscape."
Tech giant Alibaba announces crypto-friendly chair following Daniel Zhang stepping down
20.6.2023
The next company chair of Alibaba has backed several crypto projects through his wealth manager and tweeted he "like[s] crypto" in December 2021
Alibaba Names Crypto-Friendly Joseph Tsai as New Chairman
20.6.2023
Alibaba has announced that crypto-friendly Joseph Tsai, currently Executive Vice Chairman, will replace eight-year veteran chief Daniel Zhang as the company's new Chairman.
In a Tuesday press release, the company also said that Eddie Wu, now chairman of Alibaba’s core Taobao and Tmall online...
Alibaba's Crypto Friendly Joseph Tsai Set to Become Chairman
20.6.2023
Joe Tsai, one of Alibaba’s founders, has been an active Web3 investor and once tweeted “I like Crypto.”
Pro-Bitcoin Miami Mayor Francis Suarez Joins Race for 2024 US Presidential Election
15.6.2023
Another politician entered the race for America’s presidential election in 2024, and unlike the Democratic incumbent, Joe Biden, and the Republican, Donald Trump, this candidate is crypto-friendly. Miami mayor Francis X. Suarez filed to run as a Republican, according to his recent Federal...
Binance Buying Bank Not Solution for Banking Problems, Says CEO Changpeng Zhao
1.6.2023
Acquiring a bank wouldn’t solve the issues with banking for Binance or others, the CEO of the largest crypto exchange is convinced. Speaking in the aftermath of the collapse of crypto-friendly banks in the U.S. and amid Binance’s issues with payment providers in Australia, Changpeng Zhao said...
Robert Kennedy Jr Slams SEC for Protecting Banks Instead of American People — Calls for Crypto-Friendly Commissioners
30.5.2023
U.S. presidential candidate Robert F. Kennedy Jr. says he does not want anti-crypto people on the Securities and Exchange Commission (SEC). He also slammed the securities regulator for protecting banks rather than the American people. “What they’re doing is obscure, it’s...
Job Cuts at Silvergate as Crypto-Friendly Bank Winds Down After FTX Collapse
12.5.2023
Silvergate Capital, the parent company of now-defunct crypto-friendly bank Silvergate Bank, has announced another major layoff that would impact 230 employees.
In a recent filing with the Securities and Exchange Commission (SEC), the company said it would have just 80 employees left by the end...
Netflix Star Driving Bitcoin Adoption With Porsche Flying El Salvador Flag
29.4.2023
Scottish-Salvadoran driver Sebastian Melrose has made his debut in the Porsche Carrera Cup racing championship. The 25-year-old, who took part in a popular Netflix TV series last year, drives a Bitcoin-branded 911 that features the flag of crypto-friendly El Salvador on its rooftop. Bitcoin Racing...
Balaji Srinivasan: ‘Giant Robot’ of Crypto-Friendly States Needed to Battle ‘Giant Monster’ of US Gov., Explains Why He Made Bitcoin Bet
13.4.2023
Tech entrepreneur, angel investor, and author of The Network State, Balaji Srinivasan, says a proverbial “giant robot” of supportive governing bodies and crypto proponents is needed to do battle with the “giant monster” of the U.S. federal government. The former CTO...
Wyoming defends crypto-friendly bank charter regime in Custodia Bank's lawsuit with Fed
11.4.2023
“The State of Wyoming believes that this changes the tenor of the suit and in turn questions the legitimacy and viability of the State’s statutory framework," said AG Bridget Hill
Tax Benefits for Bitcoin Businesses in Belarus Extended Until 2025
1.4.2023
Tax exemptions for companies and individuals legally working with cryptocurrencies in Belarus will remain in place until Jan. 1, 2025. A new presidential decree extends the tax cuts introduced in 2018 when the executive power in Minsk legalized crypto activities such as mining and trading. Belarus...
Crypto-friendly banks mismanaged traditional risks, FDIC head tells Senate hearing
28.3.2023
It all started with FTX, FDIC head Martin Gruenberg said; he emphasized that the American banking system remains sound
Chinese State-Owned Banks Extend Crypto-Friendly Hand to Hong Kong Firms
27.3.2023
China’s state-owned banks are offering services to local cryptocurrency companies in Hong Kong as the city embraces a more friendly regulatory stance.
According to a Monday report from Bloomberg, a number of Chinese state-owned banks in Hong Kong have started offering services to crypto...
Circle Partners With Cross River Bank, Handful of US ‘Crypto-Friendly’ Banks Remain; Okcoin Suspends USD Deposits
13.3.2023
Circle Financial, the issuer of the stablecoin USDC, is partnering with Cross River Bank after its former settlement partner, Signature Bank, was closed by New York regulators, according to a statement from CEO Jeremy Allaire. “The 1:1 redeemability of all USDC in circulation is of paramount...
Another Bank Down: Crypto-Friendly Signature Bank Closed Over Systemic Risk Concerns – What Does This Mean for Crypto?
13.3.2023
Yet another crypto-friendly bank has gone down with the collapse of New York-based Signature Bank. But according to the industry, crypto now cannot be stopped....
Read More: Another Bank Down: Crypto-Friendly Signature Bank Closed Over Systemic Risk Concerns – What Does This Mean for Crypto?
NY Regulators Seize Control of Signature Bank, Depositors Assured by Federal Bailout
13.3.2023
On Sunday, the New York Department of Financial Services, or DFS, announced that it had taken possession of Signature Bank. The DFS appointed the Federal Deposit Insurance Corporation, or FDIC, as the receiver of the bank. In a joint statement, the U.S. Federal Reserve, Treasury Department,...
Crypto-Friendly Signature Bank Shut Down by State Regulators
12.3.2023
New York-based Signature Bank, which has a number of crypto clients, was shut down Sunday by state regulators, the Federal Reserve announced