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Plaid Adds Crypto Account Data From Binance.US, Kraken, Gemini to Open Banking Platform
14.7.2022
Plaid, an open-banking system that aggregates users’ financial information, said it’s extending its reach to include accounts on cryptocurrency exchanges, starting with Binance.US, Kraken and Gemini
State-Owned Swiss Bank Postfinance to Offer Clients Direct Access to Crypto Market
14.7.2022
Swiss post office’s banking unit, the state-owned Postfinance, is reportedly preparing to enter the crypto market. “Our clients want direct access to this market through their house bank.” Swiss Post Office’s Banking Arm to Enter Crypto Market The banking and financial...
Russian Blockchain Alternative to SWIFT to Prevent Disconnection of Nations, Banks
13.7.2022
A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian banks were cut off as part of Western sanctions. The developers say their system would not allow the disconnecting of countries and banks. Russian Developers Create...
Swiss Post's banking arm developing in-house crypto custody platform
12.7.2022
Switzerland’s fifth-largest financial institution is set to develop an independent cryptocurrency trading and custody service for its clientele
EU-regulated firm Banking Circle adopts USDC stablecoin
8.7.2022
Banking Circle was launched in 2016 with a mission to help payments businesses reach new global markets, avoiding the burdens of traditional banking
Ethereum's Step Towards PoS, Bitcoin Mining Difficulty, Binance's BTC Trading Fee Move + More News
6.7.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Ethereum's Step Towards PoS, Bitcoin Mining Difficulty, Binance's BTC Trading Fee Move + More News
Peter Schiff Gets an Unexpected Lesson in the Benefits of Bitcoin as Banking Woes Bite
4.7.2022
The arch-Bitcoin (BTC) skeptic Peter Schiff has experienced problems with the traditional international banking system – giving BTC advocates the opportunity to tell him that his struggles could have been avoided had he made use of bitcoin.
Schiff has become infamous in the world of crypto...
Peter Schiff's bank closure strengthens Bitcoin case for financial freedom
4.7.2022
Puerto Rico regulators closed down Schiff’s bank for not maintaining the net minimum capital requirements. As a result, customers lost access to their accounts following a subsequent freeze
Japanese Trust Banks Likely to Gain Permission to Handle Crypto from Autumn
2.7.2022
Japan is set to allow trust banks to manage cryptoassets – after a top financial regulator announced plans to roll out legislation that could become legally binding later this year.
The newspaper Nikkei reported that the Financial Services Agency (FSA), the body that polices both the banking...
Crypto Exchange Coincoinx to Launch Crypto to Fiat Payments App in Venezuela
2.7.2022
Coincoinx, a cryptocurrency exchange, will reportedly launch a service that will allow users to skip trading crypto for fiat to make payments in Venezuela. The service, which is called Coinpago, will allow users to make payments in every store and retailer in the country that accepts Pagomovil,...
Basel Committee Warms Up to Bitcoin & Crypto With More Flexible Proposal
30.6.2022
After receiving criticism from industry players last year for being too conservative, a committee at the Bank for International Settlements (BIS), has proposed a cap on how much exposure traditional banks can have to cryptoassets “where there is no counterparty.”
According to a new consultation...
Warren Buffett-Backed Nubank Now Offers Crypto Trading to 54 Million Customers
30.6.2022
Warren Buffett-backed Nubank, one of the world’s largest digital banking platforms, is now offering cryptocurrency trading to all of its 54 million customers. Nubank also holds bitcoin on its balance sheet. Nubank’s Crypto Service Now Available to All Customers Nubank, one of...
Neobank K-Bank May Have to Postpone IPO Plan as Crypto Winter Bites
29.6.2022
An up-and-coming South Korean bank appears to be suffering from the crypto market’s volatility – and may have to shelve its initial public offering (IPO) plans if crypto winter continues.
Per ENews Today, K-Bank, the banking partner of the market-leading crypto exchange Upbit, is “experiencing...
SEC Chair Gensler Affirms Bitcoin Is a Commodity — ‘That’s the Only One I’m Going to Say’
28.6.2022
The chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, says bitcoin is a commodity. He emphasized that the SEC, the Commodity Futures Trading Commission (CFTC), and banking regulators will collaborate to oversee the crypto sector. Gary Gensler: Bitcoin Is a Commodity...
Fed Chair Powell: We’re Not Seeing Significant Macroeconomic Implications From Crypto Sell-Off
24.6.2022
Federal Reserve Chairman Jerome Powell says the central bank is “not really seeing significant macroeconomic implications” from crypto’s volatility. The Fed chair stressed that there is a need for a better crypto regulatory framework. Fed Chair Powell Says Crypto Needs Better...
US Banking Watchdog Says Crypto Turmoil Reinforces Cautious Approach
23.6.2022
Michael Hsu, chief of the Office of the Comptroller of the Currency (OCC), said the recent fireworks in the crypto industry have further cemented his resistance to allowing lenders unfettered exposure to the digital assets markets
BlockFi Withdrawals Drop, Bitcoin Mining Difficulty, New NFT Wallets, 3 Crypto Films + More News
22.6.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: BlockFi Withdrawals Drop, Bitcoin Mining Difficulty, New NFT Wallets, 3 Crypto Films + More News
After Inflation Fiasco, Central Banks Now Want to Monopolize Trust in Money With CBDC Push and Crypto Bashing
21.6.2022
As central banks across the globe are now admitting they failed to keep inflation under control and by sharply rising rates threaten to push economies into recession, they now claim that they are the main source of trust in the monetary system. ...
Read More: After Inflation Fiasco, Central...
Digital Asset Exchange Coinmena Secures Provisional License Allowing It to Operate in the UAE
20.6.2022
Coinmena, the Bahrain-headquartered and sharia-compliant digital asset exchange, announced recently that it had secured a provisional virtual assets license from Dubai’s Virtual Assets Regulatory Authority (VARA). The license allows Coinmena to not only expand its activities but...
How a DAO for a bank or financial institution will look like
19.6.2022
A DAO-based financial industry means lower fees across the board, accessibility, and transparency. Would it be possible?