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Deutsche Bank Reports €5.3 Billion in Net Loss for 2019 as It Counts the Cost of Restructuring
1.2.2020
A year of reorganization has left its mark on Germany’s leading financial institution. Deutsche Bank revealed this week it suffered significant losses in the last quarter and all of 2019. The banking giant claims that the damage is “entirely driven by transformation-related...
Crypto Exchange Zebpay Reopens in India Despite Banking Ban
31.1.2020
Singapore’s Zebpay crypto trading platform reopens to Indian customers despite central bank crypto ban
Crypto Exchange Zebpay Announces Relaunch in India Ahead of Supreme Court Decision on RBI Ban
30.1.2020
Zebpay is returning to India more than a year after closing down local crypto exchange operations due to the banking ban imposed by the central bank, the Reserve Bank of India (RBI). Under a new leadership team, the exchange has also revealed a number of upcoming new services, including...
WazirX CEO: India’s Crypto Community Thrives Despite Banking Restrictions
30.1.2020
WazirX CEO and founder, Nischal Shetty, applauded India’s Crypto community for continuing to grow and innovate through peer-to-peer transactions despite crypto-related banking restrictions in the nation. Sharing a video from Crypto Kanoon (@cryptokanoon), a platform that provided live coverage...
Blockchain.com Launches Full Turkish Lira Banking Integration as a Native Payment Gateway for Turkey
30.1.2020
Blockchain.com has launched a full banking integration for Turkish Lira (TRY) to create a native payment gateway for users to deposit and withdraw Lira on its trading platform. With this development users in Turkey no longer have to incur high fees and conversion rates from third-party payment...
Silvergate Bank Adds 48 Crypto Clients in Q4 Even as Deposits Slip 4%
29.1.2020
The La Jolla, Calif.-based bank, which went public on the New York Stock Exchange under the trading symbol SI in November, released its earnings report before market open on Wednesday
India Unveils National Blockchain Strategy, Calling on RBI to Issue Digital Currency
29.1.2020
India’s National Strategy on Blockchain has been published. It recommends, among other things, for the Reserve Bank of India (RBI) to issue a central bank digital currency. The Ministry of Electronics and Information Technology tasked the National Institute for Smart Government with drafting...
Crypto-Related Deposits Drop by Half at Metropolitan Commercial Bank
28.1.2020
Metropolitan Commercial Bank’s deposits from crypto firms have steadily declined, a sign of heightened competition in a field where the bank was once one of the only games in town
Singapore Act to License Cryptocurrency Firms Comes Into Effect
28.1.2020
Starting today, Singaporean cryptocurrency firms are required to hold a license issued by a local regulator
Billionaire Investor Tim Draper: If You're a Millennial, Buy Bitcoin
27.1.2020
Millennials should invest in Bitcoin to retire, according to billionaire investor Tim Draper
Major Swiss Banking Firm Julius Baer Launches Services for Cryptocurrencies
27.1.2020
Major Swiss private banking and wealth management group Julius Baer has launched crypto trading and custodial services following a partnership with licensed crypto bank Seba
How SEBA is Bridging the Gap between Crypto and Traditional Banking
26.1.2020
SEBA Bank is a completely operational bank with a wide range of services; it helps in assisting the gap between crypto and traditional banking. SEBA has been authorized in Switzerland; the bank’s crypto services include trading, asset management, custody, and financing. SEBA’s wallet...
Companies Keep Flocking to Swiss Crypto Valley, Over 1,000 Jobs Added in a Year
26.1.2020
Crypto Valley, a fintech-friendly region centered on the canton of Zug, has been expanding to other parts of Switzerland and neighboring Liechtenstein. Despite all the challenges facing the blockchain industry, favorable regulations and improving access to banking and legal services are attracting...
10% of Central Banks Surveyed Close to Issuing Digital Currencies: BIS
24.1.2020
A fifth of the world's population may well have access to a central bank digital currency in as little as three years, according to a BIS survey
10% of Central Banks Surveyed Close to Issuing Digital Currencies: BIS
24.1.2020
A fifth of the world's population may well have access to a central bank digital currency in as little as three years, according to a BIS survey
10% of Central Banks Surveyed Close to Issuing Digital Currencies: BIS
24.1.2020
A fifth of the world's population may well have access to a central bank digital currency in as little as three years, according to a BIS survey
Hawaiian Bill Would Let Banks Act as Crypto Custodians
23.1.2020
Hawaiian lawmakers have submitted a bill that allows banks to provide custody for digital assets
World Economic Forum Debuts Framework for Central Bank Digital Currency
23.1.2020
The World Economic Forum together with major central banks and financial institutions has released a toolkit for policymakers regarding central bank digital currencies
Crypto vs RBI: Exchange Counsel and RBI Take Center Stage at Supreme Court Today
22.1.2020
India’s supreme court spent all day on Wednesday hearing extensive arguments from both the counsel representing crypto exchanges and the central bank, the Reserve Bank of India (RBI). The counsel for the central bank confirmed again that cryptocurrency is not banned in India, but still...
Swiss Banks Enter the Age of Bitcoin
22.1.2020
An emerging trend in wealth-stashing Switzerland: crypto-friendly banks