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The US has already lost the 2020 crypto regulation race to Europe
31.12.2020
When it comes to crypto regulation, the United States is falling further behind more progressive and visionary nations
Physical Crypto Bank Opens in India — These 14 Locations Offer In-Person Banking, Lending, Crypto Exchange
30.12.2020
A crypto bank has begun opening physical branches in India through a joint venture between Cashaa and United Multistate co-op society. Customers can open bank accounts, buy and sell cryptocurrencies, obtain crypto-backed loans, as well as learn about crypto. Crypto Bank Opens Physical Branches...
$200 Billion in Fines: Mega Banks Rack up Penalties From Illegal Activities
28.12.2020
Top U.S. banks have racked up almost $200 billion in fines and penalties over the past 20 years from illegal activities in 395 major legal cases. Bank of America tops the list, followed by JPMorgan, Citigroup, and Wells Fargo, according to a new report, which also covers Morgan Stanley and Goldman...
Biden Administration May Roll Back Some Crypto Regulations, Top Banking Regulator Warns
26.12.2020
The top U.S. banking regulator is concerned that the Biden administration may roll back some cryptocurrency regulations aimed at protecting consumers. This includes allowing national banks to custody crypto assets put in place during the Trump administration. Biden Administration Could Change...
Central Banks Gone Wild! Feat. Bill Barhydt
26.12.2020
The founder of mobile crypto bank Abra discusses the massive expansion of global central bank balance sheets
Snowden Puzzled by Bitcoin’s Lack of Scaling and Privacy, Says Devs ‘Had Years to Do It’
25.12.2020
Just recently, the film producer and well known Youtuber, Naomi Brockwell, sat down with Edward Snowden and the two discussed a number of subjects including privacy and bitcoin. When Snowden talked about bitcoin, he delved into the protocol’s lack of progressive scaling and privacy....
A storm is brewing between state regulators and the OCC over fintech licensing
23.12.2020
A major network of state banking regulators is renewing its attack on the OCC's moves to register non-depository institutions
Digital banking: How DeFi can lower costs for everyone
23.12.2020
There’s often talk about how decentralized finance could eliminate the need for traditional banks… but what if DeFi could enhance their digital services?
Traditional banks offer digital asset custody amid compliance legislation
22.12.2020
Compliance and regulations become more important than ever before for banks and traditional institutions that offer support for digital assets
Russia’s second largest bank VTB pilots bank guarantees on blockchain
21.12.2020
Major Russian bank VTB uses a central bank-backed blockchain to issue bank guarantees to local cellular network giant MTS
Traditional crypto custodians ramp up security to accommodate institutional demand
19.12.2020
Offline storage solutions are necessary for traditional custodians and banks supporting digital assets
IMF Cautions Central Banks May Have to Rethink What Constitutes Reserves
18.12.2020
The IMF warns that central banks may have to rethink what constitutes their reserve currency holdings. In a recent study, the global lender points to the changing geopolitical landscape, technological advances and the impact of the Covid-19 pandemic as events likely to influence the composition...
Crypto banks are the sector’s game-changers
17.12.2020
Crypto banks offer an integrated solution that is connected to the traditional financial world — which, most importantly, is compliant with regulations
Malta’s ‘blockchain island’ strategy falters as banks refuse to play ball
16.12.2020
Malta’s plan to become a"‘blockchain island" appears to have stalled, with few retail banks indicating a willingness to work with crypto firms
Antier Solutions Expands Its Offerings With Crypto Friendly Banking Solutions Development
16.12.2020
PRESS RELEASE. Antier Solutions, a blockchain development company headquartered in Mohali, India – with two global units in North America and the UK – has expanded its services to offer crypto-friendly bank development solutions targeting start-ups, banks, and financial institutions...
Former JPMorgan exec joins Ripple's board
15.12.2020
CEO Brad Garlinghouse said O’Connor’s experience would help Ripple build “a more inclusive financial system.”
Several Swiss Banks Are 'Ready to Go' Upon Crypto Gateway Launch - SDX
15.12.2020
The Swiss Stock Exchange (SIX) and its partners developing a new crypto gateway for Swiss banks are already in talks with several local banks, with some of them ready to go at the gateway launch, Tim Grant, Head of Business at the SIX Digital Exchange (SDX) told Cryptonews.com. And these banks...
SatoshiPay to Become First User of German Bank’s Euro Stablecoin
15.12.2020
Bankhaus von der Heydt partnered with Bitbond to launch its euro-backed stablecoin on Stellar last week
OCC Economist Cites Benefits of Issuing Bank Charters to Stablecoin Providers
15.12.2020
The OCC's head economist said in a paper that chartering stablecoin providers would offer benefits to consumers, as well as to the firms themselves
Italian Banca Generali to debut crypto services next year
15.12.2020
Banca Generali will introduce crypto to its customers in 2021 following a partnership with an Italian custody service provider