Jan 22, 2022 at 12:06 // News On January 21, the Bank of Russia received a call from an anonymous person who reported that their premises were rigged with explosives. Among other reasons, the criminal...
Tag: Bank
Bank of Russia calls for an outright ban on cryptocurrencies
The Bank of Russia is looking to ban the mining, creation, and use of cryptocurrencies. A report unveiled this news earlier today, noting that the central bank believes the proliferation of cryptocurr...
Federal Reserve Drops Report Outlining Pros and Cons of Central Bank Digital Currencies
The Federal Reserve has released its anticipated report on the feasibility of issuing a central bank digital currency (CBDC) in the United States. The Fed says the report serves as the first step to d...
Middle Eastern country Morocco’s largest bank joining RippleNet
In order to gain optimum benefits of technology, Attijariwafa bank partnered blockchain network Ripplenet RippleNet is US based payments and currency exchange, Ripple’s payment service provider protoc...
Bank of Russia to Monitor Banks’ Dealings With Crypto Exchangers – Finance Bitcoin News
The Central Bank of Russia has started to examine the operations of Russian banks with cryptocurrency exchangers, according to local media. Transactions between individuals through these platforms are...
Russia’s central bank releases a damning report, proposing a blanket ban on crypto
Moscow could soon crackdown on cryptocurrency operations in the country, as Russia’s central bank released a damning 36-page proposal earlier this Thursday. Stating investor protection, financial stab...
Bank of Russia Proposes Wide Ban on Cryptocurrency Use, Trade, Mining – Regulation Bitcoin News
True to its hardline stance on decentralized digital money, the Central Bank of Russia is now pushing for a wide-ranging ban on crypto-related activities such as issuance, exchange, and mining. A cons...
Russia’s Central Bank Reportedly Proposes a Total Crypto Ban
The central banking institution of the largest country by landmass – the Bank of Russia – urged the local government to impose a blanket ban on all cryptocurrency endeavors on Russian territory. It ar...
Russia’s Central Bank “All Set” To Completely Ban Bitcoin ⋆ ZyCrypto
Advertisement     The central bank of Russia has called for a blanket ban on Bitcoin mining and the trading/usage of cryptocurrencies in the country. The bank has cite...
Fed calls central bank digital coin a ‘highly significant innovation’
The Federal Reserve on Thursday issued its long-awaited paper exploring the benefits and negatives of a central bank digital currency (CBDC), as the debate over cryptocurrency regulation hits its stri...
Central Bank of Russia Intends to Ban Crypto Mining and Activities
The Central Bank of Russia (CBR) is going on the offensive in relation to the digital currency ecosystem in the country as the apex bank is calling for a blanket ban on crypto-related activities. In a...
Bank of Russia proposes a total crypto ban
TL;DR Breakdown: The Bank of Russia has suggested a complete ban on crypto. The proposal wants to ban crypto mining, trading, and usage in the country. However, owning cryptocurrencies would still b...
Jim Cramer says these are his favorite bank stocks in 2022
CNBC’s Jim Cramer on Thursday reviewed the recent slate of major bank earnings and explained why his charitable investment trust is sticking with its ownership of Morgan Stanley and Wells Fargo....
Bank of Russia Wants a Bitcoin Ban. Here’s How That’s Gone in Other Countries
In brief The Bank of Russia has proposed a full ban on cryptocurrencies. A handful of other countries have taken such a step. Dozens more have implicit bans in place. The Bank of Russia on Thursday is...
Union Bank of the Philippines Looks to Becomes Nation’s First to Offer Crypto Services
Union Bank of the Philippines plans to become the first in the country to offer trading and custodial services for cryptocurrencies. The custodial services for digital assets will also cover tokenized...
Federal Reserve publishes long-awaited central bank digital currency report
The US Fed’s long-awaited report on central bank digital currencies dropped Thursday afternoon. Framed as a discussion paper, the Fed notes in its introduction release that it “examines th...
Russian Central Bank Suggests Banning Cryptocurrencies
In a paper discussing the role of cryptocurrency in the Russian financial sector, the country’s central bank proposed a ban on its usage, trading and mining. The call came from a paper published earli...
Russia’s Central Bank Proposes Ban on the Use and Mining of Crypto
On Thursday January 20, the Bank of Russia published a report that proposes ban of the use and mining of cryptocurrencies within Russian territory. In the report, the Central Bank of the Russian Feder...
Russia’s Central Bank Calls for Blanket Crypto Ban
Key Takeaways The Bank of Russia proposed a complete ban on crypto investing and mining on Thursday. The bank cited environmental, financial stability, monetary security, and illicit activity concerns...
Gate.io Ventures Capital Investment in Seba Bank
Gate Ventures – digital finance exchange, Gate.io’s venture arm – has announced its involvement with SEBA Bank’s Series C round, worth $119 million, in association with Altive. Established in 2018, S...
Russia Central Bank Recommends Total Ban on Cryptocurrency Activities
Cryptocurrencies have been under major regulatory scrutiny in recent times, as Russia has become the latest country to consider placing an outright ban against the asset class. According to a report ...
Bank of Russia Calls for Full Ban on Cryptocurrency
Big breaking news is coming in this morning! Russia’s central bank suggests making crypto trading, mining, and usage illegal reports CoinDesk. the country’s central bank released a statement Thursday ...
Russian central bank proposes blanket ban on crypto mining and trading
In a report published on Thursday, The Central Bank of Russia has called for a blanket ban on domestic cryptocurrency trading and mining. The report titled “Cryptocurrencies: trends, risks, meas...
Union Bank of the Philippines to Enhance Crypto Trading & Custody Services
Union Bank of the Philippines (UnionBank) plans to choose Metaco and IBM to enhance cryptocurrency trading and custody services, taking advantage of the Asian country’s rapid adoption of digital...
Russia’s central bank calls for blanket crypto ban
advertisement The Bank of Russia has advocated for a complete crypto ban as part of a report issued by the country’s central bank on Thursday. The report titled “Cryptocurrencies: trends, risks, measu...
SoFi Technologies Obtains Regulatory Approval to Become a National Bank
The digital personal finance company, SoFi Technologies announced that it has received approval from the regulatory authorities to operate as a national bank today. The details shared by the Nasdaq-li...
China’s Central Bank Digital Currency Now Has 261 Million Users — $14 Billion in Digital Yuan Transactions Made – Regulation Bitcoin News
China’s central bank digital currency now has 261 million unique users, according to an official of the central bank, the People’s Bank of China (PBOC). Furthermore, transactions worth 87.5 billion yu...
BitMEX plans to purchase a 268-year old German bank
BMX Operations, the company behind BitMEX Group, has announced it will be acquiring one of the oldest banks in Germany. The group has already signed the purchase agreement for Bankhaus von der Heydt. ...
Morocco’s Biggest Bank to Dive in Crypto by Joining RippleNet (Report)
The leading banking service operator in Morocco – Attijariwafa Bank – has reportedly joined RippleNet. The latter is an international cross-border payment network designed by the American blockchain c...
Thai Central Bank Issues Licenses to Two Crypto Exchanges
Thailand is making headway in the race to establish regulations to protect investors and allow innovation in the crypto space. Two institutions, the Lao Digital Assets Exchange (LDX) and Bitqik have r...
Morocco-based Attijariwafa Bank with $53B in Assets Join Ripple Network
Attijariwafa Bank, the largest multinational commercial bank in Morocco, has adopted blockchain-based digital payment and transfer network, Ripple. The financial services company which has more than $...