Starling Bank Intensifies Crackdown on Cryptos as it Blocks Transactions
The UK digital bank – Starling defied the increased crypto adoption by conventional financial institutions to bar cardholders from crypto-related…
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Bank Of Japan To Issue An Experimental Digital Currency
The Japanese central bank is planning to launch a testnet digital currency CBDC called digital yen in early 2023. This…
FDIC Scrutiny of Crypto Industry Risk Necessary as Institutional Investors and Banks Embrace Digital Asset Space
The higher number of casualties and investment write-offs in the recent FTX liquidity crisis warrants increasing regulatory scrutiny to avert…
LBank’s Crypto Fund Will Support African Web3 Development
Shelly Melancon (Switzerland)A crypto investment company, LBank Labs, has stated that it set up a new crypto investment for Africa’s web3 development.…
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What Impact Does Crypto Have On the Economy?
The digital currency has taken over the world since the inception of Bitcoin in 2009. The impacts that it is…
Binance CEO Zhao Considers Buying a Bank
Hassan Mehmood (Saudi Arabia)Cryptocurrency exchange Binance is making preparations to expand its horizons. The report covers the ongoing negotiating between Binance and Banking…
US OCC Says Its Staff Is Available For Discussions Related To Fintech
The US-based Office of the Comptroller of the Currency has declared that the agency’s representatives will remain available for discussions…
Coinbase Teams Up With Alameda Research To Launch African Crypto Wallet Service
Two million users in Africa, especially Nigeria and Kenya, are about to onboard into a new crypto wallet service powered…
DeFi Pioneer Andre Cronje Re-Emerges, Wants Tougher Crypto Rules
Former CEO of Yearn Finance: Andre Cronje has resurfaced after staying away from the spotlight for several months. Cronje was one…
Japan To Allow Digital Salaries In 2023 But Excludes Crypto
According to multiple local media reports, Japan has modified its laws on digital salaries. As a result, companies can now…
Banks Must Be Aware Of Heightened Risks In Dealing With Crypto Firms
Recently, the Federal reserve's vice chair, Michael Barr, spoke about happenings in the crypto space at the dc FinTech week.…
Strike Promises To Make Bitcoin Better Than Visa And Mastercard
There is a reason why the whole western world uses Visa and Mastercard. Nations in Asia are using UnionPay pushed…
Major Financial Services Firm DBS Teams Up With The Sandbox
DBS, which is an Asian group for financial services based in Singapore, declared a collaboration with SandBox ($SAND), a virtual…
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US Fed Issues Guidelines For Crypto Firms To Open Master Accounts
The US Federal Reserve has issued guidelines for crypto companies that want to open a master account. These guidelines are…
Nuri, German Crypto Bank Files For Insolvency
On August 9th, a German-based crypto bank, Nuri, filed for insolvency. The bank, which has over 500k users, cited the…
Experts Advise South Africa On Planned Crypto Regulation
Two experts have expressed support for South Africa's proposed regulation of cryptocurrencies. However, they cautioned that this regulation should not…