OnlyFans reverses decision to ban porn after assurances from ‘banking partners’
At least one bank appears to have changed course after OnlyFans went public about banks blocking payments. Go to Source Powered by WPeMatico
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Thai SEC proposes new rules for digital asset custodians
The Thai SEC is seeking public input for newly proposed crypto custody regulations until late September. Go to Source Powered by WPeMatico
Swiss B2B bank InCore launches new tokenization tool using Tezos
InCore Bank also announced the upcoming launch of Tezos custody, staking and trading services targeting financial institutions. Go to Source Powered by WPeMatico
Wells Fargo files for Bitcoin fund
Wells Fargo is offering its wealthy clients indirect exposure to Bitcoin through a new fund issued in partnership with NYDIG and FS Investments. Go to Source Powered by WPeMatico
JPMorgan Chase reportedly shuts down bank accounts of Bitcoin mining firm
Delaware-based Compass Mining offers U.S. citizens exposure to Bitcoin mining via its private infrastructure. Go to Source Powered by WPeMatico
Thailand’s central bank outlines safeguards for a future retail CBDC
The results of a new study from the Bank of Thailand point to three key considerations for making sure a retail central bank digital currency doesn’t adversely impact financial stability. Go to Source Powered by WPeMatico
Homeowners Offered Crypto-Backed Loans to Finance Home Improvement Projects
As buying a home is by itself a serious investment, homeowners often lack the cash to fund further improvements to their property. While traditional bank loans are not as easily available, a new partnership now offers crypto holders to use their digital assets as collateral and instantly borrow money for a kitchen remodeling or some … Read more
55% of world’s top-100 banks reportedly have crypto and blockchain exposure
Over half of the 100 largest banks by assets under management are reportedly investors in major crypto and blockchain technology-based companies and projects. Go to Source Powered by WPeMatico
South Korean banks doubled crypto transaction fee revenue in Q2
Shinban Bank, K bank and NH Nonghyup Bank reported a total revenue of 16.9 billion won coming out of partnerships with four crypto exchanges. Go to Source Powered by WPeMatico
Circle plans to become a full-reserve national digital currency bank
Circle is willing to operate under supervision of the Federal Reserve, the U.S. Treasury, the OCC, and the FDIC, CEO Jeremy Allaire said. Go to Source Powered by WPeMatico