Crypto Banking
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Bank of Italy to Launch Cryptocurrency Guidelines in Coming Days
The Federal Bank of Italy has issued regulatory guidelines for the local digital asset firms operating in the region. These…
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BIS Invites Private Firms to Join Its CBDC Project
Project mBridge has announced the start of the MVP phase. The article has reported that BIS has sent invitations to…
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Bank of Israel Unveils Digital Shekel CBDC Pilot for Payments
The Bank of Israel unveiled the CBDC experiment inspired by Project Rosalind, which was executed by the BIS Innovation Hub…
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BitMEX Co-founder Predicts Fed and Bank of Japan (BOJ) to Lift Bitcoin to $1M
Crypto exchange BitMEX co-founder Arthur Hayes predicts that the complex entanglement between the Federal Reserve (Fed) and BOJ could propel…
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HSBC Unveils Tokenized Gold Targeting Hong Kong-based Retail Customers
HSBC is responding positively to the Hong Kong government’s call for public access to digital assets by unveiling tokenized gold…
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A Detailed Guide on Open Banking and its Impact on Financial Landscape
Open banking has considerably changed the financial landscape. It has aided in the creation of innovative models across wealth management,…
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Senate Republicans Vow to Oppose Federal Reserve Creating CBDC
The conservative lawmakers comprising Republicans in the Senate affirmed their support for the anti-central bank digital currency. The Grand Old…
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Japan’s Regulators Propose to Halt P2P Transfers from Fiat to Crypto
Financial Services Agency (FSA), the Japanese regulator, responsible for creating and implementing legal policies for businesses recently updated its crypto…
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Warren’s Crypto Surveillance Legislation Designed to Benefit Huge Banks
The proposed Digital Asset Anti-Money Laundering Act by the Massachusetts Senator Elizabeth Warren risks plunging crypto providers into shutdown, thus…
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Bloomberg Projects Potential $500,000 Peak With Bitcoin’s Recent Surge
Bitcoin (BTC), the leading cryptocurrency, has soared past the $42,000 mark, prompting Bloomberg analysts to predict a potential rise to…
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Brazilian Top Bank Itau Unibanco Introduces Bitcoin Trading
Itau Unibanco is a Brazilian banking enterprise that recently introduced Bitcoin trading. The new feature is an extension of the…
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Binance Launches Custody Solution for Institutional Investors
Binance recently launched new services for enterprise investors. The service in question will allow institutional investors to make deposits without…
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Private Digital Currencies Doomed to Fail, Says Singapore’s Central Bank MD
Ravi Menon, Managing Director of the Monetary Authority of Singapore (MAS), has predicted that private digital currencies, including native digital…
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Bitcoin’s Ascent to $120K According to Standard Chartered’s Bold Forecast
Key Insights: Standard Chartered predicts Bitcoin’s surge to $120K by 2024, driven by increased mining profits and potential mainstream adoption…
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FBI Arrests Three Men For Engaging in $10M Crypto Laundering Scheme
The increase in crypto-related activities has triggered the rise of criminals seeking to take unfair advantage of crypto investors. On…
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Singapore Launch Tokenization Initiative Jointly With International Banks
In a recent news report, the Monetary Authority of Singapore (MAS), in conjunction with 17 institutions, launched Project Guardian, aimed…
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