Crypto Banking
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Silvergate Capital Suffers KBW Downgrade Citing Limited Visibility on Crypto Bank
Silvergate Capital suffered a downgrade after an analyst from the investment bank Keefe, Bruyette & Woods (KBW), Michael Perito, slashed…
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Sanctions Force Crypto Neobank Wallbit to Exit Venezuela
The recent statement by Wallbit, a crypto-enabled bank, revealed that its decision to cease serving in Venezuela was attributed to…
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How Can Businesses In the UK Accept Bitcoin?
Cryptocurrencies are digital or virtual tokens that use cryptography to secure their transactions and control the creation of new units.…
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ECB Prioritizes P2P And E-commerce In CBDC Development
The European Central Bank (ECB) has offered more information concerning its upcoming digital Euro in a statement on February 22nd.…
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Germany’s DZ Bank Is Going To Offer Cryptocurrency Custody Services To Institutional Investors
DZ Bank, Germany’s 2nd-biggest bank in terms of assets, is now prepared to provide services related to the custody of…
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How Hong Kong’s Citizens Can Soon Legally Trade Cryptocurrencies
Cryptocurrency is a hot topic of discussion across the world, with many countries grappling with how to regulate and incorporate…
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Japan Is All Set To Begin A Pilot Program To Test Its CBDC In April
On Friday, the central bank of Japan declared that it would begin a pilot project in order to test the…
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Game Engine Developer Webaverse Suffers A Major Hack
Collecting funds in the world of crypto assets can pose exclusive and unmatched issues. The recent exploit of ‘Webaverse’ is…
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Banking Firm Revolut Introduces Cryptocurrency Staking For Its EEA And UK Clients
Revolut, a neo-banking institution based in the United Kingdom with a worldwide user base of up to 25 million, has…
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His Majesty’s Treasury Plans to Regulate UK Crypto Industry
Regulators in the UK Treasury confirm issuing a consultation document that will guide in regulating crypto firms. The consultation paper…
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Bitcoin Suisse Chair Considers EU Crypto Ban Unlikely, Advocates for Firewall
Bitcoin Suisse chair Luzius Meisser rules out the likelihood of the EU prohibiting crypto. Instead, the Swiss crypto firm chair…
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Crypto Containment Measures Possible in EU, According to Bitcoin Suisse Chairman
Luzius Meisser, the head of the Swiss cryptocurrency company, shares his thoughts on the European Union’s approach towards cryptocurrency, suggesting…
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Custodia Bank Application for Master Account in Federal Reserve System Rejected
The Federal Reserve Board turned down the latest application for a master account by Wyoming-bank. The board cited the heightened…
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European Union Lawmakers Moves to Draft Crypto Holding Requirements for Banks
The European Union Lawmakers, through their Economic Monetary Affairs Committee today, has agreed to introduce stiff financial regulation on some…
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Swiss Bank Cité Gestion Tokenizing Own Shares
Swiss private bank Cité Gestion confirms partnering with Taurus to tokenize the shares. The autonomous banks revealed plans to leverage…
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Saudi Arabia Announces Plan to Experiment with CBDC
The Saudi Arabian Monetary Authority (SAMA) announces its plan to experiment with a central bank digital currency (CBDC). The announcement…
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