Iran’s Ministry of Intelligence has reportedly blocked almost 10,000 bank accounts over suspicious foreign currency and cryptocurrency transactions. The action was carried out in collaboration with th...
Tag: Bank
Iran Blocks 9,200 Bank Accounts Over Suspicious Foreign Currency, Crypto Transactions – Regulation Bitcoin News
Iran’s Ministry of Intelligence has reportedly blocked almost 10,000 bank accounts over suspicious foreign currency and cryptocurrency transactions. The action was carried out in collaboration with th...
Crypto Could Lead to ‘Dollarization’ of Economy, Says Indian Central Bank
Cryptocurrencies, in particular stablecoins, could lead to an undesired “dollarization” of the economy, India’s central bank warned a parliamentary panel. Top officials from the Reserve Bank of India ...
Spirit Airlines, Eli Lilly, Signature Bank and more
Spirit Airlines planes on the tarmac at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida. Joe Raedle | Getty Images Check out the companies making h...
UK tax legislation allows crypto investors to ‘bank’ losses to reduce tax bill
Despite the recent cryptocurrency market decline, investors in the United Kingdom may be able to “bank” their cryptocurrency losses to lower their taxable income. Crypto assets are not subject to the ...
Chile’s central bank says it needs more time to study CBDCs
Chile is still considering whether to move forward with a central bank digital currency (CBDC), in spite of previously disclosed plans to have a proposal ready by early this year. In a preliminary re...
Chile’s Central Bank Wants More Time to Study CBDCs
Chile’s Central Bank is spending more time and exploring research options to determine whether it will issue a Central Bank Digital Currency (CBDC) or not. While Banco Central de Chile was expected to...
Central African bank regulator reminds member states of crypto ban, Reuters reports
Central Africa’s regional banking regulator reminded member states on Friday of its ban on cryptocurrencies, just weeks after the Central African Republic (CAR) made bitcoin legal tender, Reuter...
Central African Bank Regulator Announces Nationwide Crypto Ban
The monetary authority in charge of regulating financial activities in Central Republic Africa announced on Friday its ban on cryptocurrencies in the country. The ban by the Central Bank came a few we...
Jack Dorsey and Kendrick Lamar make Block the ultimate Gen Z bank — Quartz
Block, the company formerly known as Square, has teamed up with rapper Kendrick Lamar and Ticketmaster to offer exclusive early access to tickets for the artist’s The Big Steppers Tour set to kick off...
European Central Bank releases new paper for digital euro
The European Central Bank is currently actively engaged in releasing a central bank digital currency (CBDC). However, this product has faced much opposition from the public, and this opposition has be...
Brazil’s Largest Digital Bank Set To Start Bitcoin And Ethereum Trading Services ⋆ ZyCrypto
Advertisement     The wave of crypto adoption in Latin America shows no signs of slowing down. On Wednesday, Paxos confirmed that Brazil’s most valuable digital bank, ...
Investment Bank Nomura Starts Trading Crypto Derivatives amid Market Collapse
Despite giving in to customers’ demands by starting to trade crypto, Nomura is consciously staying away from spot markets. Traditional financial institutions are gradually hopping on the crypto train,...
Public Consultations Reveal Positive Interest in Bank of Israel’s Digital Shekel – Finance Bitcoin News
A survey carried out by the central bank of Israel has returned mostly positive responses from stakeholders regarding the possible issuance of a digital shekel currency. Many of the participants in th...
Central African Bank Warns Its Members of Crypto Restriction
On Friday, Central Africa’s regional banking organization issued a warning about its restriction on cryptocurrencies only weeks after the Central African Republic (CAR) declared bitcoin lawful money. ...
Central Bank of Chile Studies Issuance of a Digital Currency – Bitcoin News
The Central Bank of Chile revealed it is studying how to issue a national digital currency, the digital peso. The bank issued a report titled “Issuance of a Central Bank Digital Currency in Chile,” wh...
Argentina Was at the Cusp of a Crypto Boom. The Central Bank Had Other Plans
According to sources, the BCRA’s decision generated bewilderment among the numerous exchanges operating in Argentina, which have recorded high growth rates in the last three years, largely becau...
Argentina Central Bank Raises Rate to 49% As Inflation Jumps
(Bloomberg) — Sign up for the New Economy Daily newsletter, follow us @economics and subscribe to our podcast. Most Read from Bloomberg Argentina’s central bank raised interest rates for the fif...
Bank of Spain Governor Highlights Need for Fast Regulation in Defi and Crypto – Regulation Bitcoin News
Pablo Hernández de Cos, governor of the Bank of Spain and chair of the Basel Committee on Banking Supervision, explained that the cryptocurrency space and decentralized finance (defi) need to be regul...
Central Bank of Chile Delays Launch of CBDC in the Country Till Year End
2 hours ago | 2 mins read Editors News A preliminary review of a Chilean CBDC was included in a May 11 report from the bank. Cryptocurrencies are not banned in Chile, but the government is concerned. ...
Tether claims they were ready for this bank run
Tether CTO, Paolo Ardoino, told us last month that Tether was prepared for a bank run. Ardoino and the Tether team have run models to simulate a 2008-style financial crisis and believe that it will co...
Public support needed for Bank of Israel to send off its CBDC project
Digital shekel’s send off in Israel has irked many investors and citizens in the country Regardless of the way that it actually hasn’t pursued a last choice on the send off of CBDC Israel’s national ...
Latin America’s largest digital bank will allocate 1% to BTC, offer crypto investment services
Nubank, the largest digital bank in Brazil and Latin America, announced that it has partnered with Paxos to allow the bank’s customers to buy, sell and store cryptocurrencies directly through Nu...
Bitcoin and Ethereum Trading Gets Green Light on Brazil’s Largest Digital Bank
Brazil’s largest digital bank, Nubank, will soon allow customers to buy Bitcoin and Ethereum. The neobank even hinted at adding more cryptocurrencies in the future. Brazil’s largest bank, Nubank, will...
Best Bank Stocks To Buy In May
Key Insights Many bank stocks are trading near yearly lows. Meanwhile, analyst estimates for some bank stocks are moving higher. As a result, bank stocks like JPMorgan and Bank of America are tradin...
Coinbase’s Services Halted by Indian Central Bank, Here’s Why
Arman Shirinyan One of the biggest trading platforms in the world is now having problems with one of the biggest crypto markets in the world According to a recent Bloomberg article, India’s cent...
Secrets to Becoming a Successful Digital Bank
A digital banking solution is a customer’s dream. Banking that does not involve visiting physical branches, booking appointments to handle complex transactions or generalized services that provide cle...
Coinbase Positive About India Return But Will the Central Bank Soften its Crypto Stance?
Coinbase CEO Brian Armstrong revealed during the company’s Q1 earnings call that its decision to shutter its business in India was prompted by ‘informal pressure’ from the country’s central bank. Back...
Crypto Exchange Coinbase Halts Service in India Due to ‘Informal Pressure’ From Central Bank RBI – Coinotizia
The Nasdaq-listed cryptocurrency exchange Coinbase has revealed that it halted operation in India a few days after launch due to “informal pressure” from the country’s central bank, the Reserve Bank o...
Nubank, the leading digital bank, introduces BTC and ETH
Nubank, Brazil’s leading digital bank by market cap, said on Wednesday that users would be able to trade bitcoin (BTC) and ether (ETH) on its network. To show its confidence in bitcoin, Nu Holdings, t...
Crypto Exchange Coinbase Halts Service in India Due to ‘Informal Pressure’ From Central Bank RBI – Exchanges Bitcoin News
The Nasdaq-listed cryptocurrency exchange Coinbase has revealed that it halted operation in India a few days after launch due to “informal pressure” from the country’s central bank, the Reserve Bank o...