Category Archive For "Banks"
in Banks, FinCEN, Money Laundering, Politics
Nexo founder feels vindicated by the FinCen leak, talks of double-standards
Had it been Coinbase or Nexo, he agreed with speculation that law enforcement would have been knocking on the door the next day.
Law Decoded: Transformations in crypto exchanges and traditional institutions, Sept. 18-25
Maybe one day, drawing distinctions between crypto and traditional finance will seem quaint.
in Banks, business, CBDC, Federal Reserve, MIT
Federal Reserve Bank reveals details of digital dollar research
The Federal Reserve Bank has been exploring digital currencies to modernize the U.S. payments sector.
in Adoption, Banks, Blockchain, Mainstream, PwC, Video, YouTube
Recap of Cointelegraph panel: Brokers and banks in crypto
Cointelegraph recently hosted a YouTube panel discussing brokers and banks involved in the crypto industry, based on a report from CV VC and PwC.
in Banks, Central Bank, ecb, Europe, Fiat Money, Finance, Stablecoin
Europe’s central bank is concerned about possible runs on stablecoins
Stablecoin runs could occur if users lose confidence in the issuer or its network.
Major banks implicated in the FinCen leak take a beating in the stock market
Banks cleared over $2 trillion in “suspicious” transactions. How did crypto fare in comparison?
in Banks, Coinbase, Government, Law, US Government, USDT
US banking regulator authorizes federal banks to hold reserves for stablecoins
Federal banks in the U.S. see new capacity to provide services to crypto firms, specifically stablecoin operators.
European central bank execs explain why CBDCs don’t need blockchain
Before trying to apply blockchain to anything, think why.
in Banks, Bitcoin, Bitcoin Price, HSBC, Markets
HSBC stock hits 25-year low: 5 things to watch in Bitcoin this week
Bitcoin grapples with $11,000 as money laundering engulfs the banking sector again and coronavirus spoils stocks sentiment.
The battle between DeFi, CeFi and the old guard
We are at the start of some big changes in the financial world, and by combining DeFi and CeFi the transition to the future would be faster.
Law Decoded: E Pluribus SHA-256
New developments at the state level in the U.S. defined this week’s regulatory news.
Mystery shoppers reveal that banks are struggling with COVID-19 response
Despite the COVID-19 pandemic, banks are reluctant to suggest alternative channels to their customers, says report.
Debt without consent: The tragedy of monopolized fiat money
Why the government should make a monetary transition to Bitcoin, and the problems that cryptocurrency would help solve, such as preemptive war and national debt.
Libra appoints HSBC veteran to manage crypto project’s operational wing
Top financial services experts continue to join the Libra project.
in Banks, Government, Law, Payments, Regulation, United States
State-by-state licensing for crypto and payments firms in the US just got much easier
New money transmitter licensing promises to roll 40 states into a single exam and license.
in Adoption, Banks, Finance, Government, Russia, Switzerland
Russia’s largest bank joins blockchain trade finance platform
The Swiss arm of Russia’s largest bank is exploring blockchain-based trade finance.
BNP Paribas connects to major stock exchanges with DAML smart contracts
The DAML smart contract language is getting more popular.
World’s largest banks lost 3x Bitcoin’s market cap during the pandemic
Prior to COVID-19, six leading banks had a market cap above Bitcoin’s. How many still do?
Hong Kong’s BTC association pushes ‘Bitcoin Tram’ ad campaign
Another massive Bitcoin ad rolls out in Hong Kong, urging citizens to “be their own bank.”
Ziglu launches peer-to-peer payments after getting UK e-money licence
Ziglu now offers a fully regulated way to transfer Bitcoin, Ether, Litecoin and Bitcoin Cash to other users for free.
