Customers of U.S. financial service provider Five Star Bank will soon be able to securely buy and invest in bitcoin (BTC) directly from their bank accounts thanks to a partnership with NYDIG. Five Sta...
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Putin Urges Government, Central Bank to Reach Consensus on Crypto, Highlights Russia’s Mining Potential – Regulation Bitcoin News
President Vladimir Putin has joined the debate on the future of cryptocurrencies in Russia, calling on the government and central bank to work out a common position on their regulation. The Russian le...
New York Commercial Bank With Over $8,000,000,000 in Total Assets To Offer Bitcoin Services
A New York-based financial institution, Flushing Bank, is planning to offer Bitcoin (BTC) services to its customers. Flushing Bank says it has partnered with NYDIG, a financial technologies company de...
Swiss Bank UBS to Acquire Wealthfront
The Swiss multinational investment bank and financial services provider, UBS recently announced that it is planning to acquire Wealthfront, a prominent automated wealth management firm focused on the ...
Vladimir Putin Offers Hope for Crypto in Face of Central Bank Call for Ban
Russian President Vladimir Putin has called for consensus between his country’s government and the central bank following the latter’s recent call for an outright ban on crypto. Speaking i...
Deutsche Bank earnings Q4 2021
Statues stand outside a Deutsche Bank AG branch in Frankfurt, Germany. Krisztian Bocsi | Bloomberg | Getty Images LONDON — Deutsche Bank on Thursday defied market expectations to post a profit for the...
Diem to Sell Assets to Silvergate Bank for $200M: Report
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Cryptocurrencies Steal Money from the Economy; Bank of Russia Defends its Negative Stance on the Industry
Jan 26, 2022 at 14:28 // News On January 20, the Bank of Russia published a report proposing to ban the cryptocurrency industry in the country. After being heavily criticized, the institution defended...
Russia’s Central Bank Halts Ruble Plunge as Markets Experience Freefall
On Monday, January 24, the Central bank of Russia was forced to halt purchases of foreign currency in an attempt to stop a tremendous plunge in the stock market and the value of the ruble. Monday afte...
Binance to resume SEPA bank transfers in partnership with Paysafe
advertisement Crypto exchange Binance has partnered with London-based payments company Paysafe to resume Single Euro Payments Area (SEPA) bank transfers for customers. Binance temporarily suspended SE...
Crypto Ban Proposed by Bank of Russia Met With Opposition in Parliament, Government – Regulation Bitcoin News
The central bank’s push for a restrictive policy regarding cryptocurrencies is not gaining support among members of the Russian government, legislature, or law enforcement. A blanket crypto ban, as pr...
TEADAO: Online decentralized bank operated by a DAO
The world of decentralized finance has become more and more complex over the last year. Models that were quite simple a year ago now try to compete with the most complex traditional banking systems wh...
The US Will Release a CBDC by 2030, Said Bank of America (Report)
Although US authorities continue to dabble with the idea of issuing their own central bank digital currency, the Bank of America believes such a product is “inevitable.” Additionally, researchers from...
JPMorgan Closes Bank Accounts Of Uniswap Founder — Fresh Anti-Crypto Move? ⋆ ZyCrypto
Advertisement     JPMorgan Chase has allegedly been targeting people and companies working in the crypto industry by shutting their bank accounts. The latest case invo...
Bank of America Predicts U.S. CBDC Rollout between 2025 and 2030
The Bank of America Corp. said that the US is likely to issue its own digital currency between 2025 and 2030, Bloomberg reported. According to strategists Alkesh Shah and Andrew Moss, central bank dig...
First Phase of CBDC Pilot Completed, South Korean Central Bank Reports
Bank of Korea (BOK) has been testing its central bank digital currency (CBDC) since August 2021. BOK recently reported that the first phase of the digital currency issuance and distribution pilot has ...
Bank of America says stablecoin adoption and CBDC is ‘inevitable’
It appears that the U.S. will finally be moving forward to create its own central bank digital currency (CBDC) according to the Bank of America. Bank of America crypto strategists Andrew Moss and Alke...
Bank Of Korea Successfully Completes First Phase Of CBDC Testing
The Bank Of Korea has effectively concluded the pilot testing of the issuance and distribution of their digital currency. It has also gone to state that BOK will have the central bank digital currency...
Hector DAO set to Launch its Hector Bank with More Services Set to Debut in 2022
Hector is a decentralized system based on the HEC token, which is collateralized and backed by the Hector Decentralized Autonomous Organization (DAO). The HEC token is backed by decentralized assets h...
JP Morgan Chase halts Uniswap founder’s bank account
Uniswap founder’s account has been halted by JP Morgan Chase without any explanation Hayden Adams highlighted that the incident was personal as he knew several individuals and firms who have been simi...
Russia’s Central Bank to Ban on Crypto Mining and Trading
Russia, one of the world’s most crypto influential nations, announced its intentions to regulate these digital currencies. The Russian Central Bank recently proposed a ban on crypto mining and trading...
U.S. Digital Currency Could Preserve Dollar Supremacy: Bank of America
In brief The Bank of America has spoken about the benefits of a U.S. central bank digital currency in a new report. It said one could be released as soon as 2025. Central bank digital currencies are &...
Josh Allen And Patrick Mahomes Set Off A Bright Future For The NFL, And Their Bank Accounts
Patrick Mahomes and Josh Allen signed the two largest deals in NFL history, according to Spotrac. Scott Winters/Icon Sportswire via Getty Images You could see every ounce of disbelief on Josh Allen’s ...
South Korea’s Central Bank Completes Phase One of CBDC Pilot
The Bank of Korea (BOK) has announced the successful completion of the first phase of its two-phase central bank digital currency (CBDC) pilot. The BOK has hinted that the second phase of the digital ...
Bank of America Says US CBDC Would Preserve Dollar’s Status as World’s Reserve Currency
Stablecoins are likely to see an increase in usage in the absence of CBDCs, the bank noted, adding that the two largest by market value, tether and USD coin, had a combined market value of around $121...
Bank of Korea Completes First Phase of CBDC Testing
The Bank of Korea has completed the first phase of a central bank digital currency (CBDC) simulation testing in December 2021. Now, the regulator is going to proceed with the next phase. The first pha...
Hong Kong Virtual Lender ZA Bank Gains Securities License
Hong Kong-based ZA Bank has obtained a license from the Securities and Futures Commission (SFC) for Type 1 regulated activity, the digital bank announced. The new license will allow the digital bank t...
JPMorgan Chase closes Uniswap founder’s bank accounts
Uniswap founder Hayden Adams tweeted Sunday that JPMorgan Chase has closed his bank accounts without notice or explanation. “I know many individuals and companies who have been similarly targete...
Bank of Korea Says First Phase of CBDC Test Completed Successfully
The Bank of Korea wrapped up the first phase of a central bank digital currency (CBDC) simulation project in December 2021, according to a report published on Monday. The first phase tested the basic ...
Union Bank of Philippines to Offer Custodial Services for Crypto Assets as Demand Grows
The Union Bank of Philippines plans to open a custodial service for cryptocurrencies as the asset class becomes increasingly popular among the local population. A Strategy for Every Customer As cited ...
Union Bank of Philippines to Offer Crypto Trading and Custodial Services – Featured Bitcoin News
One of the largest banks in the Philippines, Unionbank, is reportedly launching cryptocurrency trading and custodial services. “It’s a way to future-proof our banking business,” said a Unionbank execu...