Tag: banks
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Chinese IT giants take part in digital yuan test
adminCoins According to The Block, three large Internet companies from the Celestial Empire will join the digital Renminbi (CBDC) testing being … -
Singapore bank DBS Group no longer considers Bitcoin a pyramid scheme
adminCoins A few months after the launch of DBS Digital Exchange, Singapore’s largest financial services provider has announced plans to launch … -
Canada prepares to release its own digital currency
adminCoins The Bank of Canada spokesman, who previously stated that there was no argument in favor of issuing a digital currency, … -
China has suspended the development of its own cryptocurrency due to coronavirus
adminCoins The Central Bank of China was forced to postpone the development of the digital yuan, the state cryptocurrency of China, … -
SWIFT is finished – expert
adminCoins The SWIFT international interbank payment system is living its last days, according to CEO Ripple Brad Garlinghouse. SWIFT – Society … -
Liechtenstein becomes the crypto haven of Europe
adminCoins The Liechtenstein Parliament unanimously adopted the “Blockchain Act” – the Law on regulation of the cryptocurrency market. Earlier, the Liechtenstein … -
GlobalCoin and Global Cabal
adminCoins Until now, analysts have tried to assess how the new stablecoin Facebook GlobalCoin will affect crypto market and cryptocurrencies. Two … -
Mega-experts about Bitcoin: Roger Ver, Julian Assange, Edward Snowden
adminCoins They don’t always say what they really think. Sometimes their message is hidden “between the lines”. And sometimes verbal interventions … -
South Korea approves banks working with cryptocurrency exchanges
adminCoins The commissioner of the Financial Services Commission (FSC) of South Korea, Choi Jong-Ku, has reaffirmed that there exists no issues … -
Bank of Mexico announces stricter rules for cryptocurrency exchanges
adminCoins All cryptocurrency exchanges and banks providing crypto services in Mexico will now be obliged to receive a permit from the … -
Bank of Thailand will develop a proof-of-concept prototype built on Corda for wholesale funds transfer by issuing wholesale Central Bank Digital Currency
adminCoins On August 21, the Bank of Thailand (BOT) and local financial institutions agreed to launch a project to raise the … -
European Union has issued a warning over cryptocurrency’s future
adminCoins The European Union has issued a warning over cryptocurrency’s future, cautioning that digital currencies could be derailed by central banks … -
Cryptocurrency is unlikely to take the place of fiat currency, according to ECON report
adminCoins The European Parliament’s Committee on Economic and Monetary Affairs (ECON) has released a report on cryptocurrency entitled “Virtual currencies and … -
Cryptocurrency exchange Buda started operations in Argentina
adminCoins Chilean cryptocurrency exchange Buda started operations in Argentina on May 28. Buda is currently operating in Peru, Colombia, Chile and … -
BitBay suspends its activity in Poland and starts doing business in Malta
adminCoins Bitbay, the largest crypto exchange in Poland, has decided to suspend its activities in the country as banks will no … -
NYSE owner wants to let customers buy and hold Bitcoin
adminCoins The owner of the New York Stock Exchange (NYSE) is thinking about letting customers buy and hold Bitcoin. The move … -
New chief of South Korea’s FSS hints at relaxed crypto rules
adminCoins Yoon Suk-heun, the newly appointed governor of South Korea’s Financial Supervisory Service (FSS), seems to support a relaxed approach to … -
Crypto trading for institutional investors is available in Germany
adminCoins Cryptocurrency trading for institutional investors like hedge funds and pension funds is now possible in Germany, thanks to a partnership … -
Chile’s anti-monopoly court orders banks to re-open Buda’s accounts
adminCoins Major Chilean cryptocurrency exchange Buda has persuaded a court to order the re-opening of its accounts at two major Chilean … -
How can we revolutionize banking with help of blockchain?
adminCoins Investors and companies that own cryptocurrencies struggle with banks every single day. State regulations and banks policies can successfully disturb …