Crypto Banking - Tokenhell

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Saudi Arabia Announces Plan to Experiment with CBDC

Jimmy Kelly Jan 26, 2023 0 Comments

The Saudi Arabian Monetary Authority (SAMA) announces its plan to experiment with a central bank digital currency (CBDC). The announcement…

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Maple Finance Comeback, Establishes $100M Liquidity Pool Integrating High-Yield Investment

Stephen Causby Jan 25, 2023 0 Comments

Crypto lending platform Maple Finance is gearing up for a comeback with a yield-generating product. The comeback marks a shift…

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Ripple to Host a Panel Discussion On Digital Pound; Here’s What’s Known

Jimmy Kelly Jan 25, 2023 0 Comments

Ripple is hosting a panel discussion on the digital pound, the digital version of the British pound, and the effects…

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New York Regulator Obliges Crypto Firms to Segregate Customers’ Funds

Stephen Causby Jan 23, 2023 0 Comments

The New York State's financial regulator warned crypto firms to prioritize segregating users' funds. The directive published on January 23…

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Major Crypto Banks Silvergate And Signature Bank Receive Billions In Loans From Federal Home Loans Bank

Mubashar Nawaz (United Arab Emirates) Jan 23, 2023 0 Comments

Silvergate and Signature Bank, two of the largest banks in the crypto space, have obtained loans of billions from Federal…

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Binance Confirms Signature Bank Withdrawing Support for Crypto Transactions Below $100K

Stephen Causby Jan 23, 2023 0 Comments

Binance crypto exchange confirms that Signature Bank is scaling down involvement in cryptos by denying support to transactions below $100,000.…

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Moonstone Bank Exits Crypto Space Due To Recent Industry Events

Bradley Nelson Jan 22, 2023 0 Comments

According to reports, a financial entity with links to FTX has left the crypto scene. Moonstone Bank has decided to…

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Iran and Russia Collaborate on Revolutionary Gold-Backed Stablecoin

Alexander Fyodorov (Ukraine) Jan 22, 2023 0 Comments

The use of stablecoins, a type of cryptocurrency whose value is pegged to an asset such as gold, is gaining…

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US Authorities Confiscate $700M Worth Of Assets Of SBF

Mubashar Nawaz (United Arab Emirates) Jan 21, 2023 0 Comments

The FTX controversy keeps on unfolding and making discoveries at each turn. At this time, US officials have frozen several…

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Bank of America Believes Stablecoins, CBDCs Will Change the Dynamics of Money in the Future

Jimmy Kelly Jan 19, 2023 0 Comments

Bank of America (BOA) is convinced that Stablecoins and CBDCs are here to change the dynamics of the whole concept…

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The Four Most Significant Cryptocurrency Trends

Alexander Fyodorov (Ukraine) Jan 18, 2023 0 Comments

Since the inception of Bitcoin in 2009, cryptocurrency has gone a long way. The market has expanded enormously, and new…

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Silvergate’s Interaction With Crypto Firms Pays Off as Seen With the Surge In Its 2022 Report

Jimmy Kelly Jan 18, 2023 0 Comments

Silvergate Capital, a bullish crypto supportive bank, recently released its financial report for the fourth quarter of 2022, revealing positive…

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Bank Of Thailand To Legalize Virtual Banks In 2025

Jimmy Kelly Jan 16, 2023 0 Comments

The Bank of Thailand announces its plans to legalize virtual banks by 2025 in an effort to boost the country's…

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Huobi and Solaris Launch Visa-Backed Crypto Debit Card

Jimmy Kelly Jan 15, 2023 0 Comments

Huobi and Solaris, two leading cryptocurrency companies, have collaborated to launch a new Visa-backed debit card, which enables users to…

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French Bank Société Générale Secures $7 Million in Stablecoin Loans from MakerDAO

Jimmy Kelly Jan 14, 2023 0 Comments

Leading French investment firm Société Générale, announces it has successfully minted $7 million in stablecoin loan from MakerDAO, a decentralized…

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SEC Charges Gemini and Genesis for Trading Unregistered Securities

Stephen Causby Jan 13, 2023 0 Comments

The U.S. Securities and Exchange Commission (SEC) filed a lawsuit on January 12 alleging Gemini Trust Company LLC and Genesis…