Banks bullish on crypto: Standard Chartered’s Zodia raises $36M
After leading Zodia’s series A funding round, the Japanese financial conglomerate SBI Holdings became its second-largest shareholder. Go to Source Powered by WPeMatico
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Bitcoin at banks: Raiffeisenlandesbank to offer crypto investment services
All segments of RLB NÖ-Wien clients will be able to invest in a broad number of cryptocurrencies with a budget of as little as one euro. Go to Source Powered by WPeMatico
Bitcoin price jumps in the wake of First Republic Bank crash
The price of Bitcoin has bounced upwards as First Republic Bank deposit slump sparks fresh banking crisis fears in the United States. Go to Source Powered by WPeMatico
Foreign trade and pensions: What’s next for Russia’s CBDC project?
The Russian digital ruble pilot launch was delayed until at least May, but the government still hopes to kick off the currency in 2024. Go to Source Powered by WPeMatico
Societe Generale launches euro-pegged stablecoin on Ethereum
The EURCV stablecoin is only available to institutional investors onboarded by Societe Generale through its KYC and AML procedures. Go to Source Powered by WPeMatico
Ripple-based MoneyTap adopted by three Japanese banks
Japanese banks like Yamaguchi, Momiji and Kitakyushu now support the MoneyTap P2P remittance service based on RippleNet. Go to Source Powered by WPeMatico
Hong Kong’s Largest Virtual Bank Offers Crypto Conversion Services
ZA Bank, Hong Kong’s biggest virtual-only lender, intends to expand its business into the region’s growing digital assets sector. The banking platform will offer crypto-to-fiat conversions and account services as the Chinese financial center is seeking to embrace the industry. ZA Bank to Provide Services to Crypto Exchanges Licensed in Hong Kong Hong Kong’s first … Read more
Brooklyn court charges former banker for allegedly defrauding crypto investors
Brooklyn federal court charged a former investment banker for allegedly taking investors’ money under the pretext of making profitable crypto investments. Go to Source Powered by WPeMatico
Wyoming defends crypto-friendly bank charter regime in Custodia Bank’s lawsuit with Fed
“The State of Wyoming believes that this changes the tenor of the suit and in turn questions the legitimacy and viability of the State’s statutory framework,” said AG Bridget Hill. Go to Source Powered by WPeMatico
IMF reiterates call for crypto regulation after the ecosystem’s ‘rough year’
According to the IMF, regulations should include with “strict prudential requirements” for stablecoin issuers following the depegging of USD Coin and Dai. Go to Source Powered by WPeMatico
