Russia to seize retail deposits if sanctions go too far, official warns
Russia’s largest bank, Sberbank, has denied its own supposedly false statement on being included in the U.S. sanctions list on Thursday. Go to Source Powered by WPeMatico
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Venezuela Might Have Cryptocurrency ATMs Again Soon
While Venezuela has been a leading country for cryptocurrency adoption in Latam, its citizens don’t have access to cryptocurrency ATMs. However, this might change in the future, as Bitbase, a crypto ATM company, is currently in talks with Venezuelan authorities and banks to install some of its machines and stores in the country. Bitbase in … Read more
‘Deep bullishness’ for crypto: Analyst comments on Deutsche Bank report
A U.S. consumer survey by investing powerhouse Deutsche Bank provides “bullish” insights into the crypt market. Go to Source Powered by WPeMatico
Future of finance: US banks partner with crypto custodians
Traditional financial institutions must work hand-in-hand with crypto custodians, sub-custodians and service providers moving forward. Go to Source Powered by WPeMatico
Crypto Exchange Binance Joins Expert Center at Russian Banks Association
Digital asset exchange Binance has become the first crypto company to support the Association of Banks of Russia in efforts devoted to regulating the country’s growing cryptocurrency market. The coin trading platform will also work with authorities in Moscow as they try to adopt rules for the industry. Binance to Provide Crypto Expertise to Russian … Read more
Bitcoin at the barricades: Ottawa, Ukraine and beyond
If Bitcoin is used for fundraising, is it inevitably tarred by the cause to which it’s been linked, like anti-vax truckers? Go to Source Powered by WPeMatico
Trudeau’s Government Warns More Accounts Will Be Frozen — Freedom Convoy Truckers Hold Their Ground
The Canadian government has warned that more financial accounts and cryptocurrency wallets will be frozen as law enforcement attempts to end the Freedom Convoy trucker protest. However, truckers are standing their ground even after the police arrested two protest organizers. Prime Minister Justin Trudeau says, “It’s high time that these illegal and dangerous activities stop.” … Read more
Binance exec to lead crypto expert center by Russian bank association
The Association of Banks of Russia has launched a dedicated expert center focused on cryptocurrency regulation. Go to Source Powered by WPeMatico
JPMorgan: Global Regulation Urgently Needed for Banks to Help Clients Invest in Crypto
A globally consistent crypto regulatory framework is urgently needed to allow banks to handle crypto assets on behalf of large customers, said a JPMorgan executive. “We need a globally consistent regulatory framework. It’s important that we get to a solution as quickly as possible.” Global Regulatory Framework Urgently Needed to Allow Banks to Offer Crypto … Read more
Bank of Russia Reports First Successful Digital Ruble Transfers Between Users
Testing of the digital ruble has started in Russia with the country’s central bank announcing the first complete transactions between individual wallets. The monetary authority, a staunch opponent of cryptocurrencies, says its digital currency will create new opportunities for citizens, businesses, and the Russian state. Digital Ruble Transactions Carried Out by Commercial Banks and Bank … Read more
