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Cryptonews Tags Banking

# Banking (Page 13)

Major South Korean Securities Firms, Investors Warming to Crypto
 South Korean investors are “finding it hard to resist the allure of crypto,” while a number of leading domestic securities firms have suddenly started producing reports on the sector – indicating that fund managers may be casting an eye on the markets.According to Newspim,...
, by Tim Alper
Upbit Crypto Exchange Traders to Face Fiat Services Disruptions over Lunar New Year Period
 Customers of South Korea’s market-leading crypto exchange Upbit will be affected by a possible three-day outage over the Lunar New Year period as its banking partner K-Bank relocates its operations to a new headquarters.South Korean banks – and businesses all over the East Asia...
, by Tim Alper
Polish Banks Mull CBDC, Cryptoasset Projects
 Poland’s central bank (Narodowy Bank Polski, NBP) and the country’s largest retail bank seem to be accelerating their respective works on developing digital assets - with the former potentially working on a central bank digital currency (CBDC), and the latter possibly moving to...
, by Jaroslaw Adamowski
Robinhood’s Crypto Beta, FTX Challenge, Bitcoin Miners Bet Big, BTC ETF Inflows + More News
 Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.________ Adoption newsInvesting app Robinhood announced that they will launch their crypto wallets in their beta phase in...
, by Linas Kmieliauskas
Global Debt Reaches a Record USD 226 Trillion
 Vitor Gaspar, Director of the International Monetary Fund (IMF)’s Fiscal Affairs Department, Paulo Medas, Division Chief in the same department, and Roberto Perrelli, a Senior Economist in the IMF’s Fiscal Policy and Surveillance Division, Fiscal Affairs Department._____In 2020,...
, by Paulo Medas
1B Crypto Users, Friendlier Regulations, Countries Adopting Crypto – Crypto.com’s 2022 Predictions
 The crypto lending and borrowing platform Crypto.com has published a report that details its five main predictions for crypto in 2022. And judging from the report, 2022 may be the year when even the nation-states realize that crypto is here to stay, leading to a friendlier stance from...
, by Fredrik Vold
Banking Giant KB Creates Crypto, NFT & CBDC-compatible Wallets
 The South Korean banking giant Kookmin Bank (KB) says it has developed new multi-coin wallets that are capable of storing non-fungible tokens (NFT) and various tokens including central bank-issued coins.Per Fn News, KB has developed solutions using the Klaytn blockchain protocol, which was...
, by Tim Alper
Crypto.com’s Super Bowl, Polygon’s Opera, Prosecutors ‘Clean’ EUR 100M in Crypto + More News
 Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Exchanges news Crypto.com will run its first Super Bowl commercial in February, per the Wall Street Journal. The...
, by Sumejja Muratagić-Tadić
Chinese Banks ‘Educate’ the Public on the Pitfalls of Crypto
 Provincial branches of China’s biggest commercial banks have begun “educating” the general public on the dangers of crypto and money-laundering – but it appears that the message that crypto and mining is “bad” isn’t getting through to some public...
, by Tim Alper
More Banking Giants Eye Crypto, New Investment Products, US Debt Ceiling + More News
 Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Banking newsGerman banks Commerzbank and Volks- und Raiffeisenbank have started developing concepts to enable...
, by Linas Kmieliauskas
Meta Spends USD 60M On Rights, Trademarks To Secure Its New Name
 Facebook’s parent company Meta is determined to spend USD 60m to acquire the naming rights owned by the US bank Meta Financial Group, the latter company disclosed in a recent regulatory filing. Earlier this month, Meta Financial Group executed a purchase agreement with Beige Key...
, by Jaroslaw Adamowski
Banking Behemoth’s Crypto Wallet, Ethereum Outflows, Bitcoin’s Milestone, Cheap NFT Ape + More News
 Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________Investments newsGermany's savings banks, a conservative bastion that holds more than EUR 1trn euros for roughly 50...
, by Linas Kmieliauskas
Visa Doubles Down on Its Crypto Bet, Launches Crypto Consulting Service
 Multinational financial services giant Visa is pushing deeper into the booming crypto market, launching crypto advisory services to help clients understand various segments of the crypto industry.In an announcement, the payment network acknowledged that "digital currencies are taking greater...
, by Ruholamin Haqshanas
Nexo & Fidelity Partnership, Gibraltar’s Blockchain Integration + More News
 Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________ Adoption newsCrypto lender Nexo will partner with crypto-focused arm of US-based mutual fund giant Fidelity...
, by Sead Fadilpašić
Bitcoin & Ehtereum Investment Flows, FTSE Goes Crypto, Tom Brady’s NFTs + More News
 Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news._____ Investments news Digital asset investment products saw inflows totaling USD 184m last week, per CoinShares data....
, by Sumejja Muratagić-Tadić
A US Fed Governor Argues That Stablecoins Scaling Fast is Not a Concern
There is no reason to worry about fast-growing stablecoins if “sufficient competition” exists both within the industry and outside of it, a governor of the US Federal Reserve suggested in a speech this week.“In my view, having stablecoins scale rapidly is not a concern as long as...
, by Fredrik Vold
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