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Cryptonews Tags Banking

# Banking (Page 22)

South Korean Bank Shinhan Seals Crypto Custody Deal with BitGo
The South Korean banking giant Shinhan is looking to take its fast-expanding crypto operations global – after striking a deal with American major crypto custody player BitGo.Per EDaily, the deal pertains to crypto custody – a deal that also involves the South Korean crypto firm the...
, by Tim Alper
Fair Banking Delayed, Nuclear-powered Bitcoin Mining + 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. Regulation newsThe US Office of the Comptroller of the Currency (OCC) said it has paused publication of its rule to ensure large banks...
, by Tim Alper
Davos Watch: ‘Don’t Take Things For Granted For The Next Decades’
With the pandemic triggering intensified economic and financial stimulus by governments across the world, regulators and banks consider they fulfilled their mission of ensuring liquidity to the markets, but the way to emerge from the crisis will rely on a mix of policies, according to the...
, by Jaroslaw Adamowski
Davos Watch: ‘Underestimated’ Digital Revolution & Unsafe ‘Magic Money Tree’
Senior political and economic figures have warned banks that they risk falling behind to digital finance networks and providers – and suggested it may be unsafe to overuse the “magic money tree” that has helped central banks around the world navigate their way through the...
, by Tim Alper
Digital Yuan Compatible with at Least Eight Chinese Bank Platforms
As many as eight commercial Chinese banks may be working on their own digital yuan wallets or banking platforms that can interoperate with the token, with banking groups outside the “big four” also set to roll out their own smartphone-based offerings.The country’s four biggest...
, by Tim Alper
Former Coinbase Exec Might be Replaced With Former Ripple Advisor At OCC
New American President Joe Biden’s team could comprise a regulator with a taste for crypto. Despite the gloom cast over the crypto world by United States Treasury secretary nominee Janet Yellen’s recent comments concerning her crypto “concerns,” reports are linking a former...
, by Tim Alper
New SEC Chair, Confiscated Bitcoin Miners, Trader vs. Banks + 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.Regulation newsFormer Commodity Futures Trading Commission Chairman Gary Gensler, who is considered to be pro-crypto and...
, by Linas Kmieliauskas
OCC’s Fair Banking Rule, Gemini IPO, Coinbase Altcoins Hub + 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 newsThe US Office of the Comptroller of the Currency (OCC) today released its finalized rule to "ensure fair access to banking...
, by Linas Kmieliauskas
South Korean Banks ‘Play to Their Strengths’ with Bitcoin Custody Moves
South Korean commercial banks are now in “fierce competition” with each other in the race to launch bitcoin (BTC) and other cryptoassets custody products that they believe will prove a lucrative market for them, per a new report.According to media outlet Newsis, industry sources claim...
, by Tim Alper
Russian Banks Given Power to Freeze or Block Crypto-linked Accounts
New Russian banking regulations will allow financial institutions to freeze or block the bank accounts of individuals or companies they think are associated with crypto activities.The rule change have been imposed by the nation’s Central Bank, which has outlined changes it will make to the...
, by Tim Alper
Grayscale Replaces XRP With Bitcoin, Ether, LTC, and BCH + 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. Source: Adobe/John Hurst Investing news Grayscale Digital Large Cap Fund said it has removed XRP and used cash proceeds to purchase the...
, by Sead Fadilpašić
Bitcoin, Ethereum & Stablecoin Tribes Fight Over Benefits Of OCC News
Following a major announcement by the US Office of the Comptroller of the Currency (OCC), major tribes within the crypto space - be it stablecoins, Bitcoin (BTC), Ethereum (ETH), etc. - started claiming the news is beneficial for them specifically. On Monday, the OCC published Interpretive Letter...
, by Sead Fadilpašić
‘World’s First’ Physical Crypto Banking Branch Opened in India + 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 newsUnicas, a joint venture between online crypto banking platform Cashaa and United Multistate Credit Co-op Society, has...
, by Sead Fadilpašić
Crypto, Blockchain Firms in South Korea, Switzerland Get Investment Boosts
International crypto players are amassing capital ahead of a fresh assault on the markets in the new year – with major players in South Korea and Switzerland announcing investment injections worth millions of USD.In South Korea, blockchain accelerator Hashed has announced that its Hashed...
, by Tim Alper
Puerto Rico Neobank the Latest to Unveil Bitcoin, Ethereum Custody Plans
The number of banks around the world launching crypto custody just continues to grow – with a Puerto Rico-based so-called neobank named FV Bank the latest to board the gravy train.Per a press release, the bank announced that it had been given permission by the Puerto Rico regulatory Office of...
, by Tim Alper
Charities, Buskers & Beggars Aren’t Feeling So Festive In Cashless Society
Spencer M. Ross, Assistant Professor of Marketing, University of Massachusetts Lowell. Sommer Kapitan, Senior Lecturer in Marketing, Auckland University of Technology. _______Collectors for the Paralympic Games carried donation buckets ahead of the recent Santa parade in Auckland, asking for gold...
, by Sommer Kapitan
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