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Mobile banking app Dave scores $100M investment from FTX US
22.3.2022
Dave is the latest in a series of fintech payments apps to offer crypto services, following PayPal, Venmo, and Cash App
FTX Invests $100M in Banking App Dave, Forms Partnership for Crypto Payments
21.3.2022
FTX US will serve as the exclusive partner for any crypto offerings offered via Dave
Goldman Sachs Executed Cash-Settled Bitcoin Options Trade - Reports
21.3.2022
Investment banking giant Goldman Sachs is “close to announcing” that it is the first major bank in the US to trade an over-the-counter (OTC) crypto transaction, per multiple reports.
The bank traded a non-deliverable bitcoin (BTC) option – a derivative tied to the BTC price that pays out...
Regulators in Ukraine, Russia Tell Banks to Block Certain Types of Crypto Transfers
21.3.2022
Banks on both sides of the Russia-Ukraine war are taking measures to restrict the flow of crypto funds overseas, with central banks keen to limit private citizens from making crypto-related cross-border transactions through banks....
Read More: Regulators in Ukraine, Russia Tell Banks to Block...
Russia Tries to Replace Apple Pay and Google Pay with Gazprom Pay
18.3.2022
Russian banks are continuing to ramp up the range of services they provide in a bid to continue providing their services outside the global banking networks they have been frozen out of after Russia invaded Ukraine....
Read More: Russia Tries to Replace Apple Pay and Google Pay with Gazprom Pay
Russian, Chinese Central Banks ‘Working Together On SWIFT-Alternative Interoperability’
18.3.2022
A senior Russian parliamentarian has claimed that the Central Bank is working with the People’s Bank of China on workarounds that may help the countries bypass the SWIFT banking network – including domestic alternatives, blockchain solutions, and digital fiats....
Read More: Russian, Chinese...
Central Bank of Russia tightens P2P transactions monitoring, including those in crypto
18.3.2022
The regulator’s recommendation is designed to prevent capital flight amid economic collapse
Sberbank, Others Granted Right to ‘Issue & Exchange’ ‘Digital Financial Assets’ in Russia
18.3.2022
Russian regulators appear to be fast-tracking domestic companies’ efforts to become home-grown token exchanges – with the Central Bank approving the banking and IT giant Sberbank’s application to become an official “digital financial assets” (DFA) issuer.
Back in January, Sberbank asked...
EU Regulators Warn Crypto Unsuitable as Investment or Means of Payment for Most Retail Consumers
18.3.2022
Several European regulators have issued a joint warning on crypto assets. “These assets are not suited for most retail consumers as an investment or as a means of payment or exchange,” they stressed. EU Supervisory Authorities Warn About the Danger of Investing in Crypto Assets Three...
HSBC enters The Sandbox to offer educational finance games
16.3.2022
Partnership hopes to promote financial literacy via gamified experiences within the metaverse
Blockchain Gaming Consortium, American Express & Crypto Trademarks + More News
16.3.2022
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: Blockchain Gaming Consortium, American Express & Crypto Trademarks + More News
Metaverse Banking: HSBC Enters The Sandbox as JPMorgan Tests Decentraland
16.3.2022
With major financial institutions increasingly moving into the metaverse, UK bank HSBC is the first global financial services provider to enter virtual world The Sandbox, following in the steps of US-based banking giant JPMorgan which recently set up a lounge in another virtual world...
Dedicated crypto teams booming within traditional financial firms
15.3.2022
As more and more financial giants set up crypto research teams, experts see this trend continuing to gain traction in the future
Deutsche Bank to Exit Russia, Says There Will Be No New Business There
13.3.2022
Germany’s Deutsche Bank has become the latest financial services giant to confirm it’s leaving Russia over Moscow’s military assault on Ukraine. The bank has been reducing its Russian exposure since 2014 when Russia annexed Crimea and the conflict in Eastern Ukraine erupted....
US Banking Giants Goldman Sachs and JPMorgan Wind Down Business in Russia
13.3.2022
Global investment banks Goldman Sachs and JPMorgan Chase are winding down business in the Russian Federation. The move comes as western sanctions against Moscow over its decision to launch a military invasion of Ukraine continue to expand, supported by leading financial institutions. Goldman Sachs...
Another Putin’s Mistake of the Ukraine War - Trusting the Western Financial System
13.3.2022
Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University.
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The West is arraying financial weapons never deployed before against a country of Russia’s size, forsaking some of the principles that have defined it....
Read More: Another Putin’s Mistake...
Citi’s digital asset co-heads resign with plans to create crypto startup
12.3.2022
This move follows various other banking veterans making the change from Wall Street to crypto ventures
Okcoin's USD 165M Bitcoin Plan, Binance's Targets, Crypto Lobbying + More News
10.3.2022
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: Okcoin's USD 165M Bitcoin Plan, Binance's Targets, Crypto Lobbying + More News
Ukraine War Raises Questions About the 'End of Monetary Regime' and Role of Bitcoin
8.3.2022
Bitcoin (BTC) “will probably benefit” from a new world monetary order where the US dollar no longer reigns supreme and China’s currency strengthens through the backing of Russian commodities, a report from the major investment bank Credit Suisse predicted, triggering intense debates in...
Global council adds DeFi banking firm Scallop to help secure payment data
7.3.2022
Scallop will help create awareness and drive the adoption of the PCI Security Standards