MicroStrategy said that it will use these funds towards making additional BTC purchases to its already existing pile of 125,000 Bitcoins. Business intelligence firm MicroStrategy which already holds m...
Tag: Bank
Italian bank “Banca d’Italia” blocks N26
Banca d’Italia is preventing N26 from opening new accounts in Italy and providing new products (including crypto) to existing customers. N26 has embarked on a path to resolve these shortcomings and un...
Saxo Bank Ensures Platform Compliance amid FSA Flagging
Denmark-headquartered broker, Saxo Bank released a statement on Wednesday, highlighting its platform is fully compliant with the European regulatory requirements. Its controls around transaction repor...
Central Bank of Sudan Warns of Risks Associated With Cryptocurrency – Regulation Bitcoin News
The central bank in crisis-stricken Sudan has warned residents dealing with cryptocurrencies that they face numerous risks including loss of value. The warning comes as Sudan is grappling with an econ...
Hacker Group Anonymous Leaks Russian Central Bank Data
Hacker group Anonymous has released 28 gigabytes of data, which it claims was sourced from the Central Bank of the Russian Federation (CBRF). In a video announcement made on Friday, Mar, 25, Anonymous...
MacroStrategy Secures Collateral Loan, Worth $205m from Silvergate Bank for Purchasing Bitcoin
MacroStrategy, a subsidiary of MicroStrategy, a US business software firm, announced Tuesday that it secured a $205 million term loan from Silvergate Bank, a crypto-focused bank. The loan was offered ...
Central Bank Of Sudan Urges Citizens To Steer Clear Of Cryptocurrencies Despite Economic Downturn ⋆ ZyCrypto
Advertisement     Sudan warns citizens against turning to crypto in times of economic difficulty. Pundits fear an outright ban may be in play. More and more people are...
Italian Bank Penalized For Ceasing Crypto Miner’s Account Unjustly
UniCredit, 2nd biggest Italian bank, was ordered to pay a penalty of a large sum for unjust closure of cryptocurrency miners’ accounts. This decision was taken in Banja Luka court in Bosnia and Herzeg...
With inflation going through the roof, Sudan’s central bank cautions citizens against using crypto
The Central Bank of Sudan (CBOS) cautioned the country’s citizens against dealing with “all types of cryptocurrencies” due to “the high risks” that they pose. This announcement came as a reaction to t...
MicroStrategy Subsidiary Borrows $205 Million from Silvergate Bank to Buy Bitcoin
Yuri Molchan A subsidiary of Michael Saylor’s company has taken a Bitcoin-collaterized loan to stock up on BTC Disclaimer: The opinion expressed here is not investment advice – it is provided fo...
Bank Earnings Are Coming. One Stock Analysts Like—and Another They Say to Sell.
Text size Analysts say Bank of America is positioned to do well in the current economy. Stephen Chernin/Getty Images With bank earnings coming in a few weeks, Bank of America is looking like a winner ...
Central Bank of Sudan Warns Citizen
TL;DR Breakdown Sudan Apex’s bank warn its citizen about Cryptocurrency. The Depreciation of Sudanese Pounds continues. The Central Bank of Sudan (CBoS) has put out a message, warning its citizens abo...
Sudan’s Central Bank Warns Citizens against Crypto
On Monday, the Central Bank of Sudan warned citizens against investing in cryptocurrencies because of the risks associated with such coins, which include market volatility, financial crime, and electr...
Bosnian court sides with Bitcoin miner in frozen bank account case
Italy’s second-largest bank UniCredit and the Bitcoin (BTC) mining farm Bitminer Factory have faced each other in the Bosnian city Banja Luka court, which decided that the bank improperly closed the c...
Italian bank sued for $144m by a crypto mining company
TL;DR Breakdown Italian bank fined $144 million for customer violation. Banks are under economic scrutiny amid the Russia-Ukraine war. UniCredit appeals the court decision. UniCredit, the Italian seco...
Sudan’s Apex Bank Warns Citizens against Dealing in Cryptocurrencies
The Central Bank of Sudan (CBOS) has warned citizens of the Northeast African country against dealing in all types of cryptocurrencies due to the high risks it entails, the Sudan News Agency (SUNA) re...
Will NFTs on Instagram Will Drive Mass Adoption? Deutsche Bank Thinks So …
Active engagement of tech giants in the NFT race not only boosts the entire ecosystem to grow but also expands its popularity in the mainstream. It came without surprise that Meta (formerly Facebook) ...
Italian Bank Fined $144M for Wrongfully Closing Crypto Miner’s Account
Italy’s second-largest bank, UniCredit, has been ordered to pay $144 million for the wrongful closure of crypto miner’s accounts. The bank is appealing the decision. Italy’s second-largest bank, UniCr...
Mashreq Bank Introduces NEOPAY
UAE-based Mashreq Bank today confirmed that the bank has completed the transition of its existing payments business. The financial services provider has launched NEOPAY. Powered by Mashreq Bank, the n...
Bank of England collaborates with MIT for CBDC research
Bank of England • Bank of England and MIT enter a partnership on CBDCs• There is still no decision on a CBDC for the UK• Countries across the world continue to explore CBDC adoption On Friday, the Ban...
Bank Of England Collaborates With MIT To Research On CBDC
The Bank of England has decided to collaborate with MIT regarding the development of a CBDC. The Bank of England is the latest bank that has expressed interest in exploring the scope of a CBDC. This l...
Vietnamese Government and Central Bank Developing Legal Framework for Crypto – Regulation Bitcoin News
Vietnam is creating a legal framework for cryptocurrency. The country’s deputy prime minister has instructed the Ministries of Finance, Justice, and Information & Communications to work with the c...
Bank of England Collaborates MIT for CBDC research
Bank of England Bank of England and MIT form partnership on CDBCs There is still no decision on a CDBC for the U.K Countries across the world continue to adopt the CDBCs On Friday, Bank of England(BoE...
‘The dam finally broke’: 10-year Treasury yields spike to breach top of downward trend channel seen since mid-1980s, says Deutsche Bank
Yields on the 10-year Treasury note have spiked through the top line of a downward trend channel tracing back to the mid-1980s, with surging inflation and the Federal Reserve’s reaction to it sparking...
Ghanaian Central Bank Reveals Trigger Behind Issuing The CBDC
The central bank of Ghana reveals the key triggers that led it to plan the issue of central bank digital currency (CBDC). The document outlines the design of the digital currency along with its benefi...
Central Bank Of Sudan Marks Crypto As ‘High Risk’
The Central Bank of Sudan (CBOS) warned its citizens to not deal in any type of cryptocurrency. The warning issued cited high risks of financial crimes, electronic piracy, and the danger of losing the...
Bank of Ghana outlines the idea behind its CBDC design
TL; DR Breakdown Bank of Ghana outlines the idea behind CBDC creation BOG specifics importance of the digital currency The Central bank wants full financial inclusion Countries across the globe have n...
Hacker Group Anonymous Leaks 35,000 Files Of Stolen Russian Central Bank Documents
Anonymous keeps its promise by renewing its attack on the cybersecurity firewalls of Russia’s Central Bank. According to various news sources, the international hacker collective Anonymous claims to h...
Bank Of England Moves To Sketch Crypto Regulations As Fears Of Falling Back Mount ⋆ ZyCrypto
Advertisement     The Bank of England (BOE) is on the verge of sketching out Britain’s first regulatory framework for cryptocurrencies. According to a Thursday Stateme...