Tag: Banks
Ripple Has Full Faith in CBDCs: It Works with More than 20 Central Banks!
Blockchain payment company Ripple (XRP) has published a detailed white paper on Central Bank Digital Currency (CBDC). Ripple stated that CBDCs can shape the future of the global financial system.120…
Cryptocurrency Exchange Serving Banks Comes to Life with BBVA
A newly established cryptocurrency exchange in Switzerland will serve banks and securities firms, including banking giant BBVA. Rulematch will provide spot trading services for Bitcoin (BTC) and Ethereum (ETH) to…
Wall Street Banks Bring Crypto and Fiat Together: New Fund and ETF Opportunities are at the Door!
According to the updated file, Wall Street banks are now only cryptocurrency It can create new shares on a fiat basis, not units. To do this, they need to obtain…
Italian Company Provides Services to Banks for Cryptocurrencies
Conio and Coinbase have teamed up to provide cryptocurrency services to banking and financial institutions in Italy. Conio, which has nearly half a million customers, uses Coinbase Prime to offer…
Giant Bank’s Crypto Company Will Connect Institutional Investors!
Zodia Custody, a crypto custody company backed by the UK-based giant banking group Standard Chartered, is preparing to launch its new service for its corporate customers. Zodia Custody announced that…
One of Brazil’s Largest Banks Announces the Launch of Bitcoin Trading! Which Altcoins Are Next?
Brazilian bank Itau Unibancoa service for investment clients cryptocurrency started trading services. Brazilian Bank Itau Launches Crypto Trading Itau’s new service will initially allow trading in Ethereum as well as…
Leader of Cryptocurrency Gang That Defrauded Banks Received Prison Sentence
The leader of a cryptocurrency ring that defrauded US banks of $4 million was sentenced to 63 months in prison. Esteban Cabrera Da Corte in 2020 millions of dollars stole…
According to BIS Report, Central Banks Are Not Yet Ready for Digital Currencies
The Bank for International Settlements (BIS) announced that central banks are not yet ready for digital currencies. According to a report published by BIS this week, central banks central bank…
Three People Who Defrauded Banks and Converted them into Crypto Currency were Arrested!
US Attorney General’s Office is unfamiliar with Coindesk’s news cryptocurrency announced that three people who laundered money through stock exchanges were arrested. U.S. Attorney Damian Williams According to the statement…
Watch out for these Altcoin Markets: Giant Banks are Coming!
Sc Ventures, the investment division of Standard Chartered bank, and Japanese finance company SBI Holdings decided to join forces for a large-scale investment. In the joint statement made by the…
Central Banks Accumulate Gold: How Will the Price Be Affected?
Although the gold price traded with a positive trend for the second day in a row, it lacked follow-through. Positive risk tone caps gains for the shiny metal amid uncertainty…
Banks Started to Buy Cryptocurrency Exchanges
Kasikorn Bank, one of Thailand’s leading financial institutions, acquired Cryptocurrency exchange Satang. Accordingly, it took an important step into the cryptocurrency industry. This strategic acquisition, valued at 3.705 billion Thai…
How are the sequence numbers given in banks?
We all know that when you get a queue number to make a transaction in banks, the numbers displayed are different from each other. However, the annoying part of this…
US Regulator Will Clarify Banks’ Cryptocurrency Operations
According to investigators in the USA, the Federal Deposit Insurance Corporation (FDIC) did not provide sufficient guidance to banks regarding cryptocurrency. According to the report prepared by the Office of…
Critical Move from BIS for Banks’ Cryptocurrency Assets!
BIS’s Basel Committee published an advisory requiring banks to disclose cryptocurrency risk. These proposed regulations are currently open for comments. If approved by the competent authorities, it will enter into…
Crypto Regulation from the Swiss Banking Committee: ‘Banks Will Explain Their Cryptocurrency Activities in Detail!’
Switzerland In a move towards greater transparency and market accountability, the Banking Supervision Committee cryptocurrency The unit published draft guidance requiring them to disclose both quantitative and qualitative details about…
Banks will be able to use digital assets more easily with the new blockchain product developed
Blockchain company Quant has developed a product that allows banks to conduct transactions more securely with blockchain. Developed by Quant Overledger Authorize Thanks to this, banks and other institutions can…
Several Banks in Europe Are Preparing to Offer Cryptocurrency Services to Their Customers
Bitstamp, one of the oldest cryptocurrency exchanges, is in talks with several European banks that are considering entering the cryptocurrency industry. According to information provided by CoinDesk in the first…
Leading Cryptocurrency Exchange Explores Collaboration with European Banks
Bitstamp, a long-standing reputable cryptocurrency exchange, is actively negotiating with three major European banks regarding the provision of cryptocurrency services. This development marks the European Union’s concerted efforts to establish…
Banks Will Have to Explain Cryptocurrencies! Good or Bad for Bitcoin?
While many banks that wanted to respond to the demand during the cryptocurrency craze in 2021 launched services for crypto currencies, cryptocurrency risks also increased. Bankruptcies in cryptocurrency exchanges in…