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State Street Teams up With Winklevoss-Founded Gemini Exchange for Digital Assets Trial
17.12.2019
Boston-based State Street Corp. is partnering with cryptocurrency exchange and custodian Gemini Trust on a new trial that examines reporting scenarios for digital assets
Int'l Regulator Basel Committee Calls for Prudent Rules for Crypto
16.12.2019
The Basel Committee on Banking Supervision calls for conservative treatment of crypto assets
Top 10 US Retail Banks Unknowingly Serve Crypto Startups, CipherTrace Claims
16.12.2019
CipherTrace revealed research Monday showing that the top 10 retail banks by assets managed in the U.S. worked with unregistered crypto money services businesses by transmitting funds on their payment networks
The Country With Europe’s Highest Interest Rate Has Cut It 5 Times This Year
14.12.2019
Around half of European countries, over 20, now have 0% interest rates and a few are already in negative territory. Ukraine, which has the highest benchmark interest rate on the continent, has just reduced it again, for the fifth time this year. The race between central banks to cut rates, when...
Bitcoin App Bottle Pay Shuts Down Over Impending EU Money-Laundering Laws
13.12.2019
Bottle Pay is shutting down, citing the EU's new AML rules, which could compel crypto wallet providers to collect KYC info from users starting next month
BlockFi to Offer First Interest-Bearing Crypto Accounts in Washington State
12.12.2019
BlockFi has obtained a money transmission license in Washington and intends to offer interest-bearing crypto accounts in the state
15 Million Debit Cards Exposed as Iranian Banks Fall Victim to Cyber Warfare
12.12.2019
The private details of 15 million bank debit cards in Iran have been published on Telegram in the largest banking security incident in the country’s history. Iranian authorities so far try to blame the breach on common criminals but cyber security experts suspect it was the work...
Dutch Bank ING Reportedly Working on Crypto Custody Tech
12.12.2019
Netherlands-based banking multinational ING is developing technology for the custody of crypto assets, according to Reuters sources
BRD’s Adam Traidman on New Products, Crypto Adoption, and Banking the Unbanked Into 2020
11.12.2019
Breadwallet, later known as Bread, and now just as BRD, was the first crypto wallet in the App Store in 2014. Its non-custodial, open source and user-friendly nature saw it become very popular, now with nearly 3 million users worldwide. CEO Adam Traidman took some time to field questions from...
Central Bank 'Parental Controls' Obsolete for Crypto: Bank of Lithuania
11.12.2019
Lithuania’s central bank suggested that banks should face the perceived risks of digital currencies and join the digital asset space to preserve control
Here’s a New Banking Tool for Vetting Crypto Exchanges
11.12.2019
The blockchain forensics firm is now offering banks a product that aims to provide up-to-date risk profiles of more than 200 of the largest crypto exchanges around the world
CBD Coffee Company Leverages Censorship-Resistant Nature of Crypto
11.12.2019
On December 8, the U.S.-based coffee firm that uses cannabidiol (CBD) in its product, Crazy Calm, launched a promotion that aims to send $5 per order to the charity EatBCH. The founder of Crazy Calm, Matt Aaron, also detailed that the startup wanted to leverage the payment processor Shopify but...
JPMorgan Blockchain Payments Network Eyes January Japan Launch
10.12.2019
JPMorgan's Interbank Information Network will expand to Japan early next year, according to its executive director
Santander Exec Claims Blockchain Success as Bank Redeems Ethereum-Issued Bond
10.12.2019
"This unequivocally proves that a debt security can be managed through its full lifecycle," said an exec
State-Owned Chinese Bank to Finance Small Businesses With Blockchain Tech
10.12.2019
The China Construction Bank will help finance small businesses using a blockchain platform
Lithuanian Central Bank Announces Blockchain Collector Coin
9.12.2019
Lithuania’s central bank announced that in 2020 it will release a blockchain-based collector coin
No Demand for a State Digital Currency in Japan: Central Bank Governor
4.12.2019
There is no public demand for a central bank digital currency in Japan, according to Bank of Japan Governor Haruhiko Kuroda
European Banks Struggle With Low Interest Rates and Strict Regulations
4.12.2019
Banks in Europe have been in a difficult spot lately. A new report reveals that financial institutions across the region faced serious difficulties in the 2018 financial year, and despite all the cost cutting that followed, haven’t managed to compensate the revenue decline in 2019....
Global Android Vulnerability Could Grab Wallet and Banking Data
3.12.2019
A newly-discovered exploit could hijack banking and wallet apps on your Android phone
Deutsche Boerse’s DLT Security Lending Platform Sees First Transactions
3.12.2019
Three major banks carried out the first transactions on Deutsche Boerse and HQLAX’s DLT-enabled security lending platform