[Sep 27, 2023 6:13 AM] Coinbase CEO Brian Armstrong has been actively pursuing the exchange’s expansion ambitions in the United Kingdom amid mounting legal issues in the United States.
[Sep 6, 2023 2:21 AM] Some Russian banks have been increasingly concerned about the potential implications of the digital ruble after the first pilots started in August.
[Aug 30, 2023 4:00 AM] Cryptocurrency exchanges Bybit and Okx have discontinued support for payment cards issued by sanctioned banks from Russia. The moves follow in the footsteps of Binance, the world’s largest exchange for digital assets, which recently removed such…
[Aug 29, 2023 10:30 PM] Crypto exchange Binance considers exiting Russia amid increased scrutiny over its services for users in the sanctioned nation. The news of the potential move comes after the exchange delisted several sanctioned Russian banks from its peer-to-peer…
[Aug 28, 2023 12:00 AM] Crypto exchange Binance has dropped Russian banks under sanctions from the payment options on its peer-to-peer (P2P) platform. Russian traders can no longer use cards issued by these banks to make payments while transactions in foreign fiat…
[Aug 20, 2023 4:30 AM] Authorities in Uzbekistan have authorized two local banks to issue payment cards allowing users to spend their digital coins. The move is part of a pilot project to launch virtual cards linked to cryptocurrency wallets on an exchange that will…
[Aug 17, 2023 12:00 PM] Moonstone Bank, which renamed itself Farmington State Bank, received roughly $11.5 million from FTX’s sister firm, Alameda Research, through its holding company in 2022.
[Aug 17, 2023 7:28 AM] Setting limits on CBDC transactions could be beneficial to issues related to user privacy and security, according to the central bank of Colombia.
[Aug 15, 2023 10:34 AM] The U.S. Federal Deposit Insurance Corp. added crypto as one of five broad categories this year in its annual risk report, a snapshot of the dangers the banking regulator considers a top priority at the moment.
[Aug 15, 2023 10:30 AM] The U.S. Federal Deposit Insurance Corporation (FDIC) flagged escalating risks from cryptocurrencies in its annual review of risks facing the banking industry. FDIC: Cryptos and Climate Top Risk List for Banks in 2023 Cryptocurrencies present…
[Aug 12, 2023 1:30 AM] Russia’s capital Moscow and 10 other cities will host pilot tests for the digital ruble, Bank of Russia Deputy Governor Olga Skorobogatova announced. Over a dozen Russian banks are going to take part in the trials with real transactions and users…
[Aug 9, 2023 6:30 AM] Bitcoin moved above $30,000 late on Tuesday, as markets reacted to the news that rating agency Moody’s had downgraded several U.S. banks. The list includes State Street, Northern Trust, and Bank of New York Mellon. Ethereum was marginally…
[Aug 8, 2023 3:02 PM] The U.S. Federal Reserve is starting a new program for overseeing banks’ crypto activity, and it further clarified its requirement that the lenders under its authority get approval before engaging in digital assets activities.
[Jul 31, 2023 1:30 PM] Danielle DiMartino Booth, holding the dual roles of CEO and chief strategist at QI Research, foresees that the 22-year peak in interest rates set by the Fed is merely a precursor to what’s to come. She anticipates further upheaval within the…
[Jul 29, 2023 9:53 AM] Heartland Tri-State Bank of Elkhart was closed on July 29, with the Federal Deposit Insurance Corporation (FDIC) taking control.
[Jul 28, 2023 12:00 PM] This week’s Crypto Biz explores Elon Musk’s plans for X, the Italian central bank’s take on DeFi, PacWest’s merger with Banc of California and more.
[Jul 27, 2023 5:30 AM] Banks taking part in the digital ruble pilot will begin testing transactions with actual clients in mid-August, according to a top executive of one of the financial institutions. The trials are set to start weeks after Russia adopted dedicated…
[Jul 26, 2023 10:54 AM] The Office of the Superintendent of Financial Institutions is opening public consultations on two draft guidelines, updating its capital and liquidity approach to crypto assets.
[Jul 19, 2023 5:51 AM] Forge will have a right not only to custody the digital assets but also to purchase and sell them for legal tender, as well as to trade against each other.
[Jul 18, 2023 11:30 PM] National Australia Bank (NAB) has joined other major lenders in the country in blocking payments to some cryptocurrency exchanges. The banking institution said it’s introducing new customer protections regarding financial transactions with certain…
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