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Crypto Facilitates Money Transfer for Restricted China


Crypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal to send or receive over $50,000 in fiat money without government permission. Restrictive banking regulations, international trade wars, and a surveillance state in...

Big Banks Won’t Touch Crypto Clients – But These Smaller Banks Will


Cryptocurrencies undoubtedly bring new business opportunities. The expanding industry around digital assets and its customers need more and more services that traditional sectors can provide. Banking is often a bottleneck in the crypto space as most traditional institutions are still reluctant...

Crypto Needs Less Government Regulation – Not More


A recent opinion article by Peter Lin, “Why Regulation Is The Best Thing For Crypto,” presents common arguments on why the state and state-affiliated institutions should administer cryptocurrency. Underlying the arguments is an assumption: the free market cannot provide necessary...

ECB: Stablecoins Could be Rendered Useless by Financial Institutions


Euro symbol in front of the European Central Bank in Frankfurt, Germany. If financial institutions were to use DLT (distributed ledger technology) to record traditional assets, such as commercial bank money and regulated electronic money, stablecoins could be rendered redundant, claims the paper...

Initiative to Curtail Negative Interest Rates Gains Traction in Germany


Negative interest rates, a common occurrence in Europe these days, are unpleasant for both banks and clients. And financial institutions have been increasingly transferring the bulk of the burden on to their customers. Some political factions in Germany, however, aren’t happy with the trend...

Kraken Gets Access to Over 60 Institutions in New Deal This Year


Jesse Powell, Kraken CEO. Source: a video screenshot, Youtube, Real Vision Finance San Francisco-based major cryptocurency exchange Kraken said it acquired Interchange, a company that enables institutional investors to "better monitor and report their cryptocurrency holdings." "The transaction...

Deutsche Bank Collapse Could Crash Global Financial Markets


German financial services giant Deutsche Bank AG is one of the largest and most important economic institutions in the world. Mainly due to self-imposed scandals, the bank is now having to taking drastic measures to stay afloat. Investors everywhere should note that if such a critical piece of...

FATF Releases Global Standards for Crypto Assets


The Financial Action Task Force adopted its new rules on crypto assets and published its updated Guidance on Virtual Assets and Virtual Asset Service Providers Friday. Under these new measures, crypto service providers will be required to implement the same requirements as traditional financial...

PR: Sparrow Makes Trading Options Simple and Secure


Sparrow, the Singapore-based options trading platform has launched its revolutionary platform which empowers institutions and individuals to trade options that are settled by smart contract. Sparrow offers a simple and secure way for traders to control risk in the volatile digital asset market...

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