Pedestrians walk past an HDFC Bank branch in Mumbai, India, on December 4, 2020. Dhiraj Singh/Bloomberg India’s largest mortgage lender Housing Development Finance Corporation (HDFC) has announced tha...
Tag: Bank
People’s Bank of China Includes 11 More Cities in Digital Yuan Pilot Program
The People’s Bank of China has announced that its digital yuan pilot program will support 11 more cities. Residents in some of these cities have already begun to have access to digital yuan wallets. C...
Singapore’s Largest Bank Won’t Extend Crypto Services to Retail Clients
Piyush Gupta – CEO of Singapore’s leading bank DBS Bank – revealed his institution will not extend its crypto trading services to retail customers in “the immediate future.” The announcement contradic...
Indian Government in contact with world bank IMF for new Crypto Policy –
The Indian government is working with the International Monetary Fund (IMF), the World Bank, and Indian regulators to develop its crypto policy. “Both inside and beyond the country, we’ve reached out ...
OpenSea to Allow NFT Purchases with Bank Cards, Apple Pay, and Google Pay
Key Insights: OpenSea partners with MoonPay to allow NFT purchases with bank cards, Apple Pay, and Google Pay. Trading volumes have retreated since January’s record high, with rising crypto prices of ...
VW Snubs Deutsche Bank For Lead Role On One of Germany’s Biggest-Ever IPOs
(Bloomberg) — The initial public offering of iconic sports-car maker Porsche, which is poised to be one of Germany’s biggest-ever IPOs, is missing the country’s biggest bank, Deutsche Bank AG. M...
Why Central Bank Governor of Kenya think launching CBDC, for now, is tough?
Although CBDCs are technological advancements based on blockchain tech the tech also needs to get within reach of those who can use it The Central Bank of Kenya governor stated the plans and obstacle...
G7 Nations Should Implement Unified Cryptocurrency Laws As Per A Bank Of Japan Source
A decision on whether or not to issue CBDC in Japan would most likely be made in 2026, depending on how quickly CBDC adoption spreads around the world. The statement is made in response to the ongoing...
Biggest Russian Bank Kicked Out From Global Financial Markets: Rolls Out Its Cryptocurrency
Sberbank, the biggest bank in Russia, rolled out its cryptocurrency, amidst the situations of financial scrutiny and sanctions. The Russian Central bank granted Sberbank a license to issue its own di...
OpenSea Links To MoonPay Will Allow Folks To Acquire NFTs Via Bank Transactions
Biggest NFT marketplace will soon enable its clients to acquire virtual art via Google Pay, Apple Pay, Visa and MasterCard. NFT Checkout facility of MoonPay went live on 27th January and was touted as...
Deutsche Bank Must Face Lawsuits Alleging It Enabled Ponzi Scheme
Judges in New York and Miami ruled that investor lawsuits could advance against Germany’s Deutsche Bank AG for allegedly ignoring warnings that it was helping finance a real-estate-linked Ponzi scheme...
Indian Government Consulting With IMF, World Bank on Crypto Policy – Regulation Bitcoin News
India’s government is consulting with the International Monetary Fund (IMF), the World Bank, and Indian regulators in order to form the country’s crypto policy. “We have reached out to institutional s...
OpenSea taps MoonPay to enable NFT purchases via bank cards
Non-fungible token (NFT) marketplace OpenSea has teamed up with crypto-focused payment solutions provider MoonPay in order to integrate direct credit and debit card payments on its platform. In a pres...
Crypto Exchange BitMEX Fails to Acquire German Bank: Report
BXM Operations’, a subsidiary founded by BitMEX CEO Alexander Höptner and its CFO Stephan Lutz, failed to acquire the Munich private bank, Bankhaus von der Heydt. Both parties agreed to cancel the pla...
Bank of Japan official calls for G7 nations to adopt common crypto regulations
A senior official from the Bank of Japan (BOJ) warned G7 nations that a common framework for regulating digital currencies needs to be put in place as quickly as possible. G7 refers to the Group of S...
MicroStrategy’s Michael Saylor Says “Bank Loan > Bitcoin Bonds” for Now
Key Insights: Michael Saylor believes that the market isn’t ready for Bitcoin-backed bonds. The comment was in context with El Salvador offering $1 billion worth of Bitcoin bonds. MicroStrategy recent...
BitMEX’s Strategy To Take Over German Bank Collapses
Strategies for BitMEX owned organization, BXM operations, to purchase Bankhaus von der Heydt are now into ashes. As per the experts, agreement was likely called out for administrative issues, but ther...
Japan central bank wants urgent crypto regulation and warns of the global settlement system potentially being upended
A senior Bank of Japan (BoJ) official has said that a common framework is urgently needed by the group of 7 nations in order to regulate cryptocurrencies before they “upend” the global settlement syst...
Goldman Sachs is betting that you’ll want a $10,000 loan from the investment bank
David Zalik, founder and CEO of GreenSky. Chris Hamilton | GreenSky Goldman Sachs, the 153-year old investment bank, is now officially in the home improvement loan business as it continues a push into...
BitMEX’s Bid Fails to Acquire 268-Year Old German Bank
Crypto exchange BitMEX’s plan to acquire Bankhaus von der Heydt, one of oldest banks in Germany, has failed to go through. Bankhaus von der Heydt was established in 1754. A German media outlet announc...
America’s Oldest Bank to Become Primary Custodian of Circle’s USDC
Circle has tapped BNY Mellon – one of the Wall Street giants leading the cryptocurrency adoption – to serve as the primary custodian of its stablecoin USD Coin – USDC. Circle Cooperates With BNY Mello...
‘No Plan to Issue CBDC’ — Bank of Japan Governor – Featured Bitcoin News
Haruhiko Kuroda, the governor of the Bank of Japan (BOJ), has said the bank is currently not planning to launch a digital currency. The remarks come just a few days after the BOJ announced the commenc...
Saxo Bank Ensures Platform Compliance in the Face of FSA Warning
Saxo Bank, a broker, based in Denmark, put out a statement on Wednesday stating that its platform is completely compliant with European regulatory standards. It also has safeguards in place for transa...
European Central Bank Weighs Possibility of Digital Euro Issuance
The European Central Bank published a report which sheds more light on the applicability of the digital euro in transactional use cases. The European Central Bank (ECB) is reportedly exploring possibl...
Bank of Spain Warns About Risk of Extended Use of Unregulated Cryptocurrencies in the Country – Bitcoin News
The deputy governor of the Bank of Spain, Margarita Delgado, gave her opinion about cryptocurrencies and how they are increasing the risks in today’s economy. At an event hosted by PWC called “A clima...
Cross River Bank announces $620 million funding round led by Eldridge and a16z
New Jersey-based fintech Cross River Bank announced today that it has closed a $620 million financing round. Eldridge and Andreessen Horowitz (a16z) led the round, with participation from T. Rowe Pri...
MIT and Bank of England join hands to research on CBDC –
Bank of England formed Technology Engagement Forum This forum was responsible for proposing the two models that could possibly be used for the CBDCs Experts claim that centrally backed digital currenc...
Silvergate Bank Loans MicroStrategy $205M With BTC as Collateral – crypto.news
Earlier today, Silvergate Capital Corporation announced a $205M loan from Silvergate Exchange Network (SEN) to MicroStrategy that has BTC as collateral. MacroStrategy LLC is a subsidiary of mobile tec...
Ethereum overtakes Bank of America, as far as it can go
The second most capitalized cryptocurrency, Ethereum, surpasses Bank of America. Ethereum’s capitalization up against Bank of America After a brief uninspiring period that saw it settle at $2700, Eth...
Vietnam Government developing crypto legal framework along with the Central Bank –
No Result View All Result © Copyright 2022. The Coin Republic Are you sure want to unlock this post? Unlock left : 0 Yes No Are you sure want to cancel subscription? Yes No Source: https://www.thecoin...
Eldridge, a16z Lead $620M Financing Round for Fintech Cross River Bank
“Whether it’s lending, transfers, payments and more, Cross River will offer its partners a regulatory compliant and approved framework to increase their crypto offerings and expand their reach – the s...