Crypto Banking
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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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Institutional Giants BlackRock and Grayscale Champion ETFs, Crypto Market Responds
BlackRock Inc., the world’s largest asset manager, has filed for an Ethereum spot Exchange Traded Fund (ETF) in Delaware, potentially…
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Germany’s Third-Largest Bank Rolls Out Crypto Custody Services for Institutional Clients
In a year filled with challenges for the cryptocurrency sector, significant banks have achieved notable advancements, with Germany often taking…
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Hong Kong Central Bank Digital Currency Enters Phases 2
Hong Kong is making considerable development in CBDC as its e-HKD project has recently implemented a 3-rail approach. The respective…
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Kasikornbank Acquires Satang Pro, Eyes 20% of Thai Crypto Market
Key Insights: Kasikornbank seizes a 97% stake in Satang Pro, eyeing a dominant crypto presence. Post-acquisition, Satang Pro will transition…
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Thailand’s KBank to Acquire 97% Stake in Crypto Exchange Satang
Kasikornbank is the second biggest bank provider in Thailand. The firm recently announced that it purchased a major exchange platform…
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Kraken to Provide Consumer Details to IRS by November
The prominent crypto exchange Kraken recently declared to abide by a court order. As a result of this, the platform…
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