Advertisement     The top global bank, JPMorgan, recently announced the opening of its latest branch, Onyx, and this time, it is in the metaverse. JPMorgan’s Onyx Loun...
Tag: Bank
Central Bank Prohibition Led to Growth in Crypto Awareness – Coinotizia
The chief marketing officer (CMO) of a cryptocurrency payments solution company, Rotimi Ogunwede, has insisted that the Central Bank of Nigeria (CBN)’s decision to bar crypto entities from the banking...
Deutsche Bank Survey Shows Most Would Hodl Even if Crypto Markets Crashed
In an online survey of 3,250 U.S. consumers in December, the bank found 680 were cryptocurrency users, with 65% of those having gotten into crypto for the first time over the preceding 12 months. In n...
Warren Buffett invests in Bitcoin bank Nubank- The Cryptonomist
It is well known that when Warren Buffett moves even a small part of his immense capital there is always something of significance, let alone when his investment is not so small, but is $1 billion in ...
Central Bank Governor Says Kenya’s Position on Cryptocurrencies Has Not Changed – Coinotizia
Kenya’s position on cryptocurrencies is still unchanged the governor of the Central Bank of Kenya (CBK), Patrick Njoroge has said. Njoroge latest remarks come as Kenya continues to cement its position...
Bank of America CEO Brian Moynihan says U.S. consumer spending ‘very strong’ in February
Bank Of America CEO Brian Moynihan is interviewed by Jack Otter during “Barron’s Roundtable” at Fox Business Network Studios on January 09, 2020 in New York City. John Lamparski | Ge...
Russian Central Bank Flags 812 Illegal FX Brokers in 2021
The Central Bank of Russia said on Wednesday that it has busted as many as 812 foreign exchange (forex) dealers in 2021 that were operating in the country illegally. These online trading Online Tr...
Atom Bank Receives £75 Million in Funding
UK’s app-based bank, Atom Bank today announced that that company has raised a total of £75 million to expand its operations. The funding round came after Atom Bank saw a sharp surge in customer deposi...
Bank of Russia Commences Digital Ruble Trials
The Bank of Russia (BoR) has announced the commencement of its Digital Ruble trials, making the most ambitious push for a functional Central Bank Digital Currency (CBDC) for the country. As announced ...
SEC Warns Against Interest-Bearing Crypto Accounts — Says They’re Riskier Than Bank Deposits – Regulation Bitcoin News
The U.S. Securities and Exchange Commission (SEC) has warned investors about the “risks with accounts that pay interest on crypto-asset deposits.” The warning coincides with the first enforcement acti...
Southeast Asia’s Largest Bank DBS to Launch Crypto Trading for Retail Investors – Exchanges Bitcoin News
DBS, the largest bank in Southeast Asia, is planning to launch crypto trading for retail investors this year, the bank’s CEO has revealed. He added that in the first half of this year, DBS will focus ...
Treasury official touts the ‘flexibility’ of bank charters for stablecoin issuers during Senate hearing
In its push for greater stablecoin oversight, the US Treasury Department is trying to soften its central proposed regime. This was particularly apparent in a hearing before the Senate Banking Committe...
Valliance Bank Taps Bakkt to Provide Crypto Trading Services to Customers
Valliance Bank has selected Bakkt Holdings, Inc, a digital assets company, as it looks to offer its retail customers access to cryptocurrency. Bakkt announced that Valliance Bank will provide its bank...
India’s Central Bank Likens Cryptocurrencies To Ponzi Schemes
A top official at India’s central bank recently reiterated warnings to Prime Minister Modi’s government about the risks cryptocurrencies pose to the country’s financial system. This time, he compared ...
Bank Of Russia Successfully Kicks Off Digital Ruble Trials While Fears Of An Absolute Bitcoin Ban Linger ⋆ ZyCrypto
Advertisement     Despite President Vladimir Putin asking his government and the central bank to hammer out a common regulatory regime for crypto assets instead of a c...
Bank of Russia, Finance Ministry Fail to Reach Deal in Crypto Meet
Key Takeaways The head of the Bank of Russia met the country’s Finance Minister to discuss crypto regulation Tuesday. The two sides have still not resolved their disagreements on how to regulate...
Crypto Trading: Hungary’s Central Bank Chief Wants Full Ban On Crypto Trading And Mining
Regulators’ constant negativity continues to dominate the crypto news media. Governments have begun to consider countermeasures to crypto trading, with crypto mining becoming a hot topic as well. Györ...
Russian Government and Central Bank Take Opposing Views on Crypto
The Russian government and its central bank have conflicting views over the legality of crypto and are attempting to form a unified stance. The government believes that regulating crypto could boost f...
Hungarian central bank governor next in line to ban crypto
Matolcsy, governor of the central bank of Hungary, has said that he backs a ban on cryptocurrencies, not only in Hungary, but throughout the European Union. The queue of central bankers coming forward...
Deputy Governor of the Reserve Bank of India advocates for a crypto ban
The deputy governor of the Reserve Bank of India, T. Rabi Sankar, has stated that cryptocurrencies are similar to Ponzi schemes. He has advocated for a ban on cryptocurrencies, saying it is a better o...
Hungarian Central Bank Governor Favors Crypto Ban
Hungarian National Bank Governor György Matolcsy is in favor of a crypto ban, following an earlier suggestion by Russia’s monetary authority. “I perfectly agree with the proposal,” Matolcsy said in re...
United Overseas Bank stock (U11) is up 7% over the past year: here is where to buy it
The price of the United Overseas Bank stock (U11) has been on an exponential rise over the past year. and despite starting today with a slight drop of −0.23 (0.70%), analysts expect that it shall clos...
Russia’s Central Bank and Government Clash Over the Legality of Crypto Use
The Russian government is keen on integrating cryptocurrencies within its financial system with a scheduled plan of releasing a draft law ahead this week on February 18. However, the Bank of Russia ho...
India Central Bank Official Calls for Crypto Ban
Key Takeaways Shri T. Rabi Sankar, Deputy Governor of the Reserve Bank of India, called for a crypto ban during a speech today. He argued that cryptocurrency poses various threats and that objections ...
Bahrain Central Bank Completes Cross-Border Transfer Test Using JPMorgan Blockchain
The Central Bank of Bahrain (CBB) is working in partnership with Bank ABC CBB announced that they successfully tested the transfer of funds across borders using JPMorgan’s JPM Coin The JPM Coin system...
Ripple Partners With Central Bank Digital Currency Think Tank
Ripple has partnered with the Digital Euro Association (DEA) to jointly work on central bank digital currencies (CBDCs). The DEA, based in Frankfurt, Germany, is a think tank focused on CBDCs, stablec...
Central Bank Deputy Governor ⋆ ZyCrypto
Advertisement     The deputy governor of the Reserve Bank of India (RBI), the country’s central bank, has come out in support of banning cryptocurrencies in the world’...