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Indian Supreme Court Wraps up Crypto Hearing for the Year
19.11.2019
The Supreme Court of India called on for hearing on Monday the writ petitions challenging the banking restriction by the Reserve Bank of India (RBI). After hearing from the RBI’s counsel, the court wrapped up the case for the year. Its decision follows Lok Sabha, the lower house of the Indian...
No, Royal Bank of Canada Isn’t Opening a Crypto Exchange
18.11.2019
Contrary to recent media reports, Canada’s largest bank is not opening a crypto exchange
US Crypto Firms Will Soon Have Another Banking Option
18.11.2019
U.K.-based Cashaa, which describes itself as a banking service platform, is about to launch bank accounts for stateside crypto firms denominated in U.S. dollars
Google Joins Hands With Citigroup Giving a Major Threat Call to Crypto and Spur to Banking Industry
18.11.2019
“Change is the law of nature”- This well-known proverb has been the channelizing force behind numerous innovations as well as many closures in the name of upgradations in technology. Cryptocurrencies, when launched, were primarily focused on the ifs and buts of the financial arena. As time evolved...
Bitcoin Traders Are Finding Creative Ways to Avoid KYC
17.11.2019
Cryptocurrency traders on Bisq are using Revolut to buy and sell bitcoin without the need for KYC/AML. The decentralized, peer-to-peer marketplace allows anyone to buy or sell cryptocurrency via a range of payment processors and traditional banking services. With Localbitcoins now a twisted...
The Bank of Google Wants Your Spending Data
16.11.2019
The multinational technology giant Google has plans to get into the banking industry according to multiple reports that reveal the firm intends to work with Stanford Federal Credit Union and Citigroup. However, analysts assert that Google is not jumping into banking for revenue purposes and...
Europe’s Biggest International Banking and Fintech Event – Monex Summit Europe, to Take Place in Warsaw
16.11.2019
Monex Summit Europe provides networking services and organizes professional B2B meetings: Monex Summit Europe aims to expand the knowledge and maximize deal-making opportunities for all participants within the region. The event will welcome the top managers, ranging from the industry’s biggest...
Stablecoin Crisis Could Wreck Global Finance, Fed Warns in New Report
15.11.2019
The Fed warned that a stablecoin crisis could wreak havoc on the global economy and outlined the steps issuers must take to protect the status quo.
Wyoming’s New Crypto Banking Law Could Defang New York’s BitLicense
14.11.2019
There may be a way for cryptocurrency businesses to get around New York's notoriously hard-to-get BitLicense, and it runs through Wyoming
Northern Trust Testing Fractionlized Bonds on Blockchain
14.11.2019
The U.S.-based custody bank is working with BondEvalue, a Singapore-based debt markets tech company, to offer fractions of tokenized bonds to retail and small professional investors
Indian Government Programs Add New Crypto Courses
14.11.2019
The Indian government has added new educational courses teaching cryptocurrency and blockchain technology to the public and law enforcement officers. Amid regulatory uncertainty and banking restrictions, cryptocurrency and blockchain technology remain important topics of study in India. Also read:...
Google Joins New Banking Race, Stressing Bitcoin's Importance
13.11.2019
The financial world, where cryptocurrencies are trying to change the rules, is becoming even more interesting and dynamic. After social media giant Facebook launched its unified payment service on Tuesday, personal finance and banking world will allegedly welcome yet another tech giant – Google....
Crypto-Friendly Mobile Banking Firm Revolut to Attempt Raising $500M+
13.11.2019
Cryptocurrency-friendly mobile banking firm Revolut looks to raise $500 million
HSBC, SGX to Investigate if DLT Offers Efficiency Boost for Bond Markets
13.11.2019
A new trial will examine if digitalizing fixed income securities with DLT can bring new efficiencies to the Asian markets
Swiss Crypto Bank SEBA Launches With Range of Services
13.11.2019
SEBA Bank is now fully operational with a range of services to bridge the gap between the crypto world and traditional banking. Licensed in Switzerland, the bank’s crypto services include asset management, trading, custody, and financing. Its wallet app, e-banking, and card enable customers...
China Central Bank Official: Digital Yuan Should Have ‘Controllable Anonymity’
12.11.2019
China’s proposed digital yuan should strike a balance between protecting privacy and regulatory enforcement, a central bank official said
Tunisia’s Central Bank Denies Reports Claiming It Issued an E-Dinar
12.11.2019
In a sweeping rejection, the central bank quashed “unfounded” rumors that it had become the first monetary authority to issue a CBDC
Banking Giant With 16 Million Clients, RBC, Goes Crypto - Report
12.11.2019
The Royal Bank of Canada (RBC), the Canada-headquartered major global bank, is set to open a cryptocurrency exchange, according to a report from The Logic.
The media outlet claims it has learned that the RBC wants to allow customers to trade in cryptocurrencies such as Bitcoin and Ethereum...
French Central Bank Job Posting Reveals Digital Currency Program
12.11.2019
Banque de France is seeking a blockchain analyst who will help the bank define a program for implementing digital currency
ECB’s Benoit Coeure to Lead Central Banking Digital Currency Initiative
11.11.2019
Coeure is to lead the new BIS Innovation Hub in researching and perhaps developing beneficial fintech such as digital currencies