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Apple Pay and Google Pay to Become Unusable with Cards from Sanctioned Russian Banks
25.2.2022
Customers of five sanctioned Russian banks will be unable to use their cards to pay with Apple Pay and Google Pay, the central Bank of Russia, said.
The banks in question include banks under the VTB Group, Sovcombank, Novikombank, Promsvyazbank, and Otkritie, per the announcement. The banks...
Western Allies Claim their Targetted Russian Sanctions Trump a SWIFT Ban as Russian Occupiers Near Kyiv
25.2.2022
The EU claimed it has created a “package of sanctions” that will be “massive and painful” for Russia. It stated that the new sanctions would remove some 70% of Russia’s banking capabilities – but Europe appears utterly divided as to whether it should block banks from an international banking...
Sotheby's Cancels CryptoPunks Auction, Canada Ends Use of Emergencies Act + More News
24.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Sotheby's Cancels CryptoPunks Auction, Canada Ends Use of Emergencies Act + More News
Russia’s Invasion of Ukraine: Bitcoin Set to Play a Role on Both Sides
24.2.2022
Bitcoin (BTC) and crypto are likely to play a role in both sides of the conflict after Russia launched a full-scale invasion of Ukraine.
International media outlets including the BBC, which reported from Kyiv, have stated that large lines were forming at banks in the Ukrainian capital, with...
BNY Mellon partners with Chainalysis to track users' crypto transactions
24.2.2022
Bank of New York Mellon, the world’s largest custodian bank, has partnered with blockchain software firm Chainalysis to track its users’ crypto transactions
Mitsubishi UFJ to Launch ‘Digital Asset Wallet,’ Suspends Blockchain Payments Project
23.2.2022
The Japanese financial behemoth the Mitsubishi UFJ Financial Group is set to create a wallet that will be capable of storing and making use of “blockchain-powered digital assets” and NFTs – although its primary goal appears to be the securities tokens market. Also, the financial giant announced...
Warner Music Goes for Blockchain Gaming, Mintable Recovers Stolen NFTs + More News
23.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Read More: Warner Music Goes for Blockchain Gaming, Mintable Recovers Stolen NFTs + More News
VAF Compliance Is a Forensic Service Provider That Can Help You Pass KYC/AML for Crypto Banking
23.2.2022
At VAF Compliance a team of experts is ready to help with all of your virtual assets compliance needs. Connect with VAF today; the leading virtual assets compliance company serving the Middle East and customers worldwide. What Is VAF Compliance? The crypto, NFT and metaverse spaces are hot...
Bank of Spain Governor Warns About Traditional Banking’s Exposure to Crypto Assets
23.2.2022
The Governor of the Bank of Spain has alerted the public about the risks mixing traditional banks with crypto assets might bring to the economic system. Pablo Hernández de Cos stated that the direct or indirect exposure to these assets would increase the risks associated with the financial...
More South Korean Crypto-to-Crypto Exchanges Hopeful of Making Fiat Returns
22.2.2022
A group of South Korean crypto exchanges could be granted permission to resume crypto-to-fiat trading after a breakthrough banking deal last week – but opinions differ on whether the 23 exchanges currently trapped in crypto-to-crypto purgatory will escape before they are overwhelmed...
Future of finance: US banks partner with crypto custodians
21.2.2022
Traditional financial institutions must work hand-in-hand with crypto custodians, sub-custodians and service providers moving forward
What is the importance of blockchain in the RegTech ecosystem?
20.2.2022
RegTech enhances compliance for financial services institutions. This guide explains how blockchain works in banking to achieve this goal
US Senator Lummis Thinks ‘Bitcoin Is Something That the Fed Should Hold on Its Balance Sheet’
18.2.2022
Cynthia Lummis, the U.S. Republican senator from Wyoming, believes the Federal Reserve should consider holding bitcoin on its balance sheet. Speaking on the Orrin G. Hatch Foundation’s crypto webinar panel, Lummis said that once a regulatory policy is in place it “will make a lot...
Binance Joins Russian Banking Union, Will Head New Crypto Department
18.2.2022
The crypto exchange giant Binance has joined the Association of Russian Banks (ARB), where its Russia and CIS (Commonwealth of Independent States) lead will head a new crypto department....
Read More: Binance Joins Russian Banking Union, Will Head New Crypto Department
Chinese banking regulator warns against fraud risks in the metaverse
18.2.2022
Chinese authorities called the metaverse “attractive and deceptive,” where users are prone to lose money if they are unaware of the risks
Canadian Gov’t Says It Has Frozen Crypto-Related Bank Accounts – and Will ‘Freeze More’
18.2.2022
The Canadian government is going ahead with its controversial moves to end the “truckers’ protest” over COVID-19 restrictions that has brought much of the nation to a standstill – by freezing bank accounts and sharing crypto addresses with financial institutions in an effort to cut...
Japanese Gaming Giant Enters Metaverse, BitBank Adds Lightning Amid Crypto Tax Reform Call
18.2.2022
As the Japanese crypto scene is sending more signs of adoption and investments, a blockchain business leader is calling for a crypto tax laws reform.
Here's what recently happened in the Land of Rising Crypto Sun.
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Read More: Japanese Gaming Giant Enters Metaverse, BitBank Adds...
Canada Asks Banks, Exchanges to Block Crypto Accounts Tied to Trucker Convoy Protests
17.2.2022
The Royal Canadian Mounted Police (RCMP), the country's federal and national police service, has reportedly asked several crypto exchanges to halt transactions to over 30 crypto wallet addresses that are considered to be tied to the ongoing trucker protests....
Read More: Canada Asks Banks...
Exotic Markets Founder Joffrey Dalet Talks Defi Banking, Structured Products and Solana
17.2.2022
Exotic Markets is a DeFi (Decentralized Finance) platform on the Solana Blockchain. It aims to become the most flexible structured products protocol, offering the widest range of payoffs and underlyings in DeFi. For example, it aims to offer payoffs based on baskets of tokens, trading ranges...
Chinese IT Companies, Banks Expand Range of Offline Digital Yuan Solutions
17.2.2022
Chinese banks and IT firms are continuing to roll out a diverse range of “hard” digital yuan wallets as they lay the ground for the full rollout of the nation’s central bank digital currency (CBDC).
As reported, a large range of “hard” wallets – which require no permanent internet connection...