Qredo, a leading decentralized finance (DeFi) firm, has received regulatory approval to operate as a Bitcoin service provider in El Salvador. The approval has been granted by the Central Reserve Bank ...
Tag: Bank
Central Bank Announces About-Turn on Digital Assets
The Central Bank of the Argentine Republic (BCRA) has said that regulated financial entities should not facilitate operations in unregulated digital assets. “The different actors involved in the opera...
Historic Rout Isn’t Over Yet, Bank of America Strategists Say
(Bloomberg) — The global market selloff that saw the S&P 500 Index post its worst first four months of a year since 1939 has further to run, according to Bank of America Corp. Most Read from...
Argentina’s Central Bank to Ban Local Institutions From Providing Crypto Services
The Central Bank of the Argentine Republic (BCRA) prohibited domestic financial institutions from facilitating crypto opportunities. The announcement comes a few days after two of the largest local ba...
Bank of America is pushing a surprising new set of FAANG stocks to beat the bear market after yesterday’s $1.3 trillion wipeout
It’s been pretty easy to make money on stocks over the past decade. One can’t-miss strategy: You just buy the big names in tech. Repeat over and over again. From February 2009 to last November, invest...
Argentine Central Bank, stop to crypto trading
The Central Bank of the Argentine Republic (BCRA) has blocked crypto-trading launched four days earlier by other Argentine banks. Argentina, Central Bank blocks crypto-trading activities The Central ...
Central Bank Of El Salvador Approves Qredo’s Registration As A BTC Service Provider
Qredo, a decentralized finance firm, has received the approval of registration as a Bitcoin(BTC) service provider in El Salvador. Qredo announced that El Salvador’s Central Reserve Bank accepted the r...
Bank of England Torpedoes the Economy – Trustnodes
“UK GDP growth is expected to slow sharply over the first half of the forecast period… [in] the largest contraction since comparable records began in 1964.” Just as Andrew Bailey, the governor of the ...
Argentina’s central bank steps in to block new crypto offerings from banks
The central bank of Argentina (BCRA) has put the kibosh on financial institutions offering crypto trading only days after two of the country’s largest banks signaled they were opening up to digital as...
Argentinian central bank puts its foot down on crypto trading in major banks
Even as cryptocurrencies become more widespread and authorities around the world seek ways to incorporate them into their countries’ operations, Argentina’s central bank has gone the opposite way and ...
Argentina’s Central Bank Prohibits Banks from Offering Crypto Services
Argentina’s central bank on Thursday clarified in an announcement that regulated financial institutions within the country cannot facilitate clients to carry out operations with digital assets. This n...
Central Bank Of Argentina Blocks Financial Institutions From Offering cryptocurrency
Digital assets in Argentina are defined as “a digital representation of value or rights. Transferred and stored electronically using Distributed Ledger Technology(DLT) or other similar technology acco...
Argentina’s central bank blocks crypto trading from the country’s biggest banks
Argentina’s central bank has blocked the offer of two of Argentina’s biggest banks just a few days after they were permitted to begin crypto trading. The central bank of Argentina (BCRA) h...
El Salvador’s central bank accepts Qredo’s registration to provide crypto services
Decentralized finance firm Qredo has received approval for registration as a Bitcoin (BTC) service provider in El Salvador. In a Wednesday announcement, Qredo said the Central Reserve Bank of El Salva...
US Central Bank boosted rates by 0.5 percent- more to come
The Federal Reserve of the United States hiked the benchmark interest rate for the first time in two decades on Wednesday. The FOMC decides to raise interest rates by 3/4 to 1 percent — Which was the...
Largest private bank LGT to offer direct Bitcoin and Ethereum investments
The Liechtenstein royal family-owned bank, LGT, now offers clients direct investments in Bitcoin and Ethereum while also providing custody services. The private bank announcement stated that the servi...
Markets React to Bank of England Warnings
Key Takeaways The market value of the British pound fell by 2% today, reaching a low of $1.24 against the U.S. dollar. Also today, the Bank of England raised interest rates and predicted 10% inflation...
Liechtenstein’s Royal Family-Owned Bank to Offer Crypto Services
Liechtenstein’s LGT Bank, part of the largest family-owned banking group in the world, is now offering cryptocurrency custody and brokerage services. As part of the services available to private clien...
Bitmex’s Arthur Hayes Requests Leniency, No Jail Time for Violating the US Bank Secrecy Act
Quick take: Bitmex’s founder and former CEO, Arthur Hayes, has requested leniency from the judge handling his court case Mr. Hayes is requesting no jail time and permission to live abroad and travel f...
Watch Governor Andrew Bailey speak after the Bank of England’s rate hike
[The stream is slated to start at 08:00 ET. Please refresh the page if you do not see a player above at that time.] Bank of England Governor Andrew Bailey is speaking at a press conference following t...
Argentinian Digital Bank Brubank Includes Crypto Purchases in Its Platform – Bitcoin News
Brubank, one of the first Argentinian digital banks approved by the central bank of the country, is getting into the cryptocurrency business. The company announced it is now allowing customers to make...
Liechtenstein’s LGT Bank ($290B in Assets) Launches Crypto Investment
LGT Bank, the largest global private banking and asset management group owned by the Princely House of Liechtenstein, announced its partnership with Switzerland’s SEBA Bank to offer cryptocurrency in...
Liechtenstein’s Largest Private Bank Enables Direct Investments in Bitcoin
The leading private bank in Liechtenstein – LGT Bank – partnered with SEBA Bank to offer direct investments in digital assets for its customers. The cryptocurrencies included in the initiative are the...
World’s Largest Family-Owned Private Bank Now Offers Crypto Investments via SEBA Bank – Bitcoin News
On Wednesday, the world’s largest family-owned banking institution, LGT Bank, announced that it has selected SEBA Bank in order to provide cryptocurrency custody and brokerage services to clients. LGT...
US Central Bank Raises Rates by Half a Percentage Point, Fed’s Powell Says Similar Hikes Are on the Table – Economics Bitcoin News
Jamie Redman Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a ...
Bank of America gets fined $10 million for illegally taking payments from customers
The Consumer Financial Protection Bureau (CFPB) said Wednesday it ordered Bank of America Corp. BAC, +4.01% to make a $10 million civil penalty and refund or cancel fees from unlawful garnishments and...
Global private bank LGT opens Bitcoin and Ether trading
LGT Group, a top family-owned private banking and asset management group, is moving into cryptocurrency by launching Bitcoin (BTC) and Ether (ETH) investments at LGT Bank in Liechtenstein. Managing ov...
LGT private bank to offer crypto in partnership with SEBA
SEBA Bank, a fully integrated, FINMA authorized digital assets banking platform, today announced that it has partnered with LGT Bank, an international financial services provider specializing in priva...
Liechtenstein’s Largest Bank Now Offering Bitcoin (BTC) and Ethereum (ETH) Services
– Advertisement – More banks continue to offer Bitcoin and Ethereum services. Liechtenstein-based private bank, LGT Bank, has announced that it has commenced the offering of crypto-relate...
Uganda Central Bank Tells Licensed Entities to Stop Facilitating Crypto Transactions – Emerging Markets Bitcoin News
The Ugandan central bank has warned licensed entities and the public against facilitating crypto-related transactions as well as the practice of converting cryptocurrency into mobile money and vice ve...
Banco Galicia Becomes First Bank to Introduce Crypto Trading in Argentina – Bitcoin News
Banco Galicia, one of the largest financial institutions in Argentina, has introduced cryptocurrency trading as part of the services it is currently offering to customers. Users interested in investin...