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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 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
“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
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
The latest fork on the “roadmap” shores up the network’s new validation mechanism while finally allowing stakers access to their ETH rewards. Go to Source Powered by WPeMatico
Within the next decade, the U.S. dollar will play a much less dominant role than it is today, according to Jeffrey Sachs. The renowned economist listed a few factors for the diminishing status of the greenback such as its use as a political weapon by Washington, the introduction of currencies like the digital yuan, and … Read more
Postfinance, one of Switzerland’s largest retail banks, will offer customers access to major cryptocurrencies and related services. The state-owned financial institution will be using the banking platform developed by the Swiss-licensed digital asset bank Sygnum. Postfinance Partners With Sygnum to Provide Digital Asset Products and Services The financial services unit of the national postal service … Read more
Potential guidelines reportedly won’t have a binding force over banks, which can rely on their own risk assessment. Go to Source Powered by WPeMatico
The superintendent of the New York Department of Financial Services reportedly dismissed claims the U.S. government was working to implement ‘Operation Choke Point 2.0’. Go to Source Powered by WPeMatico
PostFinance’s parent firm Swiss Post is known for its pro-crypto stance, working on its own crypto custody services and issuing crypto stamp collectibles. Go to Source Powered by WPeMatico