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DBS Retracts Plans to Launch Crypto Exchange for Retail Investors, Cites Regulatory ‘Environment’ Concerns
4.4.2022
The Asian banking giant DBS appears to have reeled in plans to open its crypto exchange services to retail investors – and has apparently been spooked by regulatory concerns....
Read More: DBS Retracts Plans to Launch Crypto Exchange for Retail Investors, Cites Regulatory ‘Environment’ Concerns
Ukraine Sells 1,282 War-Themed NFTs in One Day, G7 & Crypto Regulation, Metaverse Potential + More News
1.4.2022
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: Ukraine Sells 1,282 War-Themed NFTs in One Day, G7 & Crypto Regulation, Metaverse Potential + More News
Financial Heavyweight Woori to Launch B2B Crypto Wallet Management Platform
1.4.2022
South Korea’s Woori Fund Service – a part of the financial business group that also comprises the commercial bank heavyweight Woori Bank – will team up with the domestic crypto exchange GDAC to unveil a business-to-business (B2B) crypto wallet management solution.
Hanguk Kyungjae reported that...
Apple's Plan for Future Financial Products, Binance Enters GRAMMY + More News
31.3.2022
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: Apple's Plan for Future Financial Products, Binance Enters GRAMMY + More News
Fed Governor Says ‘Blockchain Is Totally Overrated,’ Claims Crypto Is ‘Just Electronic Gold’
26.3.2022
The American economist and member of the Federal Reserve Board of Governors, Christopher Waller, believes blockchain technology is “totally overrated,” even though the U.S. central bank “put a lot of resources into understanding digital currencies and the blockchain.”...
Israeli Bank Leumi Enables Bitcoin, Ethereum Trading
25.3.2022
In a bid to attract Israeli crypto investors, Bank Leumi has announced that it will enable its customers to trade cryptoassets. Trading services will be carried out through the bank’s online trading platform Pepper Invest.
Pepper Invest is offering its crypto trading services in partnership...
‘Big Holes’ Undermine Russia Sanctions – And It's Not Crypto (Psst! It's Traditional Politics & Finance)
24.3.2022
An opinion columnist writing for Bloomberg has identified two flaws that “fundamentally undermine” the United States and EU-led “sanctions regime” against Russia – and neither have anything to do with the use of crypto.
Since the start of the conflict in Ukraine, senior lawmakers in the USA...
Another Regulatory Challenge for DeFi, El Salvador Seeks Help from Binance + More News
24.3.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________...
Read More: Another Regulatory Challenge for DeFi, El Salvador Seeks Help from Binance + More News
Russian Ruble Crypto Trading Falls Again as Moscow Stock Market Opens, RUB Rises
24.3.2022
The stock market in Moscow opened again on Thursday after staying closed for a month following Russia’s invasion of Ukraine. Meanwhile, crypto trading with Russian rubles (RUB) continues to see falling volume on the largest international exchange, Binance....
Read More: Russian Ruble Crypto...
DBS CEO Sees Crypto as an Alternative to Gold — Says Central Banks Globally Should Regulate Cryptocurrencies
23.3.2022
The CEO of Southeast Asia’s largest bank, DBS, says cryptocurrency “can be an alternative to gold.” He added that regulating crypto “out of the formal banking system is an unwise thing to do.” DBS’ CEO on Cryptocurrency and Regulation DBS Bank Group...
Work on a Multi-CBDC Platform Has Revealed ‘More Questions Than Answers’ – BIS
22.3.2022
The Bank for International Settlements (BIS)'s central bank digital currency (CBDC) project, known as Project Dunbar, has created more questions than answers, the international body said today. However, establishing a global network of connected CBDC platforms still remains a goal for...
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...