Appearing on the Joe Rogan Experience, British broadcaster Maajid Nawaz has shone a light on the grim reality of central bank digital currencies (CBDC). As Nawaz pointed out to Rogan on Saturday’s epi...
Tag: Bank
BitMEX Founders Plead Guilty To Violating Bank Secrecy Law
The US Department of Justice said on Thursday that BitMEX founders had entered a guilty plea to charges of violating the Bank Secrecy Act by failing to set in place an anti-money laundering system. Be...
BitMEX founders plead guilty to Bank Secrecy Act violations
The founders of crypto exchange BitMEX have pled guilty to violating the Bank Secrecy Act after a lengthy litigation process with the U.S. Department of Justice (DOJ). American Arthur Hayes and Britis...
BitMEX Arthur Hayes, Benjamin Delo Plead Guilty to Bank Secrecy Act Violations
The United States Department of Justice (DOJ) has revealed that the founders of the Seychelles-based cryptocurrency exchange BitMEX – Arthur Hayes and Benjamin Delo – had pled guilty of violating the ...
America’s oldest bank partners with Chainalysis to track crypto transactions
BNY Mellon, America’s oldest bank, announced that it has partnered with Chainalysis to integrate the latter’s compliance software suite with its multi-asset digital custody and administration platform...
BitMex Founders Plead Guilty to Violating Bank Secrecy Act
BitMex founders Arthur Hayes and Benjamin Delo plead guilty to violating the US Bank Secrecy Act on Thursday. The Department of Justice branded BitMex ‘a money-laundering platform.’ As a consequence o...
Bank execs ‘very concerned’ about Russia cyberattacks
CrowdStrike CEO George Kurtz told CNBC on Thursday he’s been speaking with U.S. bank executives, and they’re worried about potentially being the target of Russian cyberattacks. Kurtz’...
BitMEX co-founders Hayes and Delo plead guilty Bank Secrecy Act violations
advertisement The Department of Justice said Thursday that Arthur Hayes and Benjamin Delo, co-founders of the crypto derivatives exchange BitMEX, have pleaded guilty to violating the US Bank Secrecy A...
Ukraine Central Bank Limits Cash Withdrawals Amid Russian Assault – Bitcoin News
The central bank of Ukraine has capped withdrawals of cash in national fiat and banned those in foreign currency. The monetary authority says the measures aim to ensure the functioning of the nation’s...
Lloyds Bank Posts Net Income of £15.8 Billion in 2021
Lloyds Bank, one of the largest financial services providers in the UK, released its results for Q4 and full-year 2021 today. The banking giant saw a jump in net income as the number reached £15.8 bil...
Swiss Crypto Bank SEBA Gets License to Operate in UAE Financial Center – Emerging Markets Bitcoin News
The Swiss crypto bank, SEBA Bank, was recently granted a license to operate in the Abu Dhabi Global Market (ADGM), the UAE’s financial center. The license allows SEBA to conduct regulated services. SE...
Canada Revokes ‘Emergencies Act’ and Begins Unfreezing Bank Accounts
On Wednesday, Canada prime minister Justin Trudeau revoked the Emergencies Act, nine days after it was invoked, believing that tensions have been deescalated. Emergencies Act Passed by the Parliament ...
America’s Oldest Bank to Track Customers’ Bitcoin Transactions With Chainalysis Integration
BNY Mellon, the world’s largest custodian bank, is set to integrate blockchain data platform, Chainalysis to help monitor and analyze cryptocurrency products. The move is a part of the institution’s s...
Saxo Bank Profits Remain Flat in 2021, Client Number Jumps 19%
Saxo Bank Group has published its annual financials for 2021, reporting a marginal increase in profits to DKK 755 million, compared to the previous year’s DKK 750 million. Revenue for the period came ...
Single Mom Loses Bank Account Under Canada’s Draconian ‘Emergency Act’
A single mother in Canada has lost the use of her bank account after donating $50 to the trucker convoy protest. The lady from Chilliwack in British Columbia contacted her local representative Mark St...
US Bank Morgan Stanley Says Bitcoin Cannot Escape Energy Requirements As Environmentalists Shine Light On Crypto ⋆ ZyCrypto
Advertisement     Morgan Stanley believes more scrutiny will follow crypto energy usage. Energy costs are rising, and the investment bank believes crypto energy use re...
Bank of Spain requests crypto surveillance after the increase in crypto adoption
TL;DR Breakdown • BdE Governor Pablo Hernández talks about the cryptos volatility.• Hernández shows his concern about El Salvador’s decisions with cryptos. Recently, the Bank of Spain Governor has dem...
Japan’s largest bank set to abandon blockchain payment network project
advertisement Mitsubishi UFJ Financial Group (MUFG) is shutting down its blockchain payment network project, citing slow business growth. According to an announcement on Tuesday, Japan’s largest bank ...
Bank of Spain Governor Calls for Crypto Surveillance
Governor of the Bank of Spain Pablo Hernandez de Cos has called for more intense surveillance of the crypto industry. In doing so, the governor laid out a series of risks he perceives to be present i...
Bank of Spain Governor Warns About Traditional Banking’s Exposure to Crypto Assets – Bitcoin News
The Governor of the Bank of Spain has alerted the public about the risks mixing traditional banks with crypto assets might bring to the economic system. Pablo Hernández de Cos stated that the direct o...
Canada Begins To Release Frozen Bank Accounts Of ‘Freedom Convoy’ Protestors
Topline Canadian authorities have instructed banks to release the financial accounts of people whose accounts had been frozen when the country’s federal government used emergency powers to crack down ...
Crypto ETF to be released by South Korea’s Kookmin Bank
Crypto ETF to be launched for the first time by Kookmin Bank in South Korea The ETF tracks the value of a particular asset or a collection of assets on the exchange South Korea is the global leader o...
Crypto-Focused SEBA Bank Gains Abu Dhabi License
Zug-headquartered SEBA Bank, which operates a digital asset banking platform, has gained approval from the Abu Dhabi Global Market’s (ADGM) Financial Services Regulatory Authority for conducting...
Binance joins Russia’s Bank Association as its first crypto member
Cryptocurrency exchange Binance has become the first crypto-centric entity to join the Association of Banks of Russia (ABR), the company announced last Friday. “Binance, the world’s leading blockchain...
South Korean Kookmin Bank to Launch the First Crypto Fund
Kookmin Bank, the largest banking financial institution in South Korea, has announced its plans to launch the nation’s first crypto fund, a move targeted at retail investors. According to the announce...
Russian Finance Ministry Compromises, Willing to Take Crypto Suggestions from Central Bank
Russia’s finance ministry has said that it is willing to take suggestions on cryptocurrencies from the country’s central bank, but they should not clash with their approach. This approach ...
South Korea’s Kookmin Bank Launching Crypto Investment Product – crypto.news
Kookmin Bank of South Korea has announced that it has now set up a Digital Asset Management Preparatory Committee, ahead of the impending launch of its digital asset investment products. The firm says...
South Korea’s Kookmin Bank to launch crypto investment fund
South Korea’s Kookmin Bank announced on February 21st, that it has formed a Digital Asset Management Preparatory Committee which will look into creating a cryptocurrency ETF for retail investors. The ...
Data Leak Shows Credit Suisse’s Criminal Clientele, Bank Denies Wrongdoings
Credit Suisse, which is trying to clean its image from various scandals, has found itself in the middle of another controversy. A massive data leak exposed that the Swiss private bank had taken deposi...
South Korea’s KB Bank to Offer Crypto Investment Fund
South Korean banks see the future of cryptocurrencies as KB Bank becomes the first lender in the country to consider offering crypto investment products to retail clients. Earlier, another lender in t...
‘She had a will, but it was null and void’: My friend and her sister are fighting over their mother’s life-insurance policy and $32,000 bank account. Who’s right?
Dear Quentin, My friend’s mom passed away about a year ago. She had a will, but it was null and void because there was only one witness signature. She has two daughters. One of the girls, Mary, moved ...