Israeli Banks Should Not Deny Services to Crypto Firms: Attorney General
Israeli banks should not deny services to firms involved with crypto, attorney general Avichai Mandelblit said Go to Source Powered by WPeMatico
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Swiss Savers View Cryptocurrencies as Option, Now That Bank Accounts Don’t Save Them From Inflation
Cryptocurrencies are gradually becoming a viable alternative for savers in Switzerland, according to a new poll. The Alpine nation’s crypto-friendly business climate and increasing regulatory clarity makes them a relatively easy addition to investors’ portfolios. Many Swiss people can afford and regularly do put some money aside but bank accounts are no longer offering inflation … Read more
HSBC to Drop 35,000 Jobs and Invest in Digital Finance
Banking giant HSBC plans to terminate about 35,000 of global jobs while doubling down on disruptive technology Go to Source Powered by WPeMatico
Former Ripple Business VP Takes Role at Major Bank Standard Chartered
Kahina Van Dyke, a former executive at Ripple and Facebook, has taken on a major role in managing the institutional clients of major bank Standard Chartered Go to Source Powered by WPeMatico
Dubai Gov’t to Launch KYC Blockchain Consortium in Q1 2020
Dubai government to launch a KYC blockchain consortium in collaboration with six banks in Q1 2020 Go to Source Powered by WPeMatico
New Leaders at Bank for International Settlements Fintech and DLT Research Centers
New leadership named at Bank for International Settlement research centers focused on digital currencies and DLT Go to Source Powered by WPeMatico
Boerse Stuttgart’s Crypto Custody Arm Blocknox Expands Service to Institutional Clients
Blocknox’s crypto custody offer will also be available to fintech companies, banks and asset managers Go to Source Powered by WPeMatico
Bank of Korea Seeks to Deploy Blockchain in Bond Market: Report
South Korea’s central bank is working on a project to distribute bond records on the blockchain, a report says Go to Source Powered by WPeMatico
Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates
The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank. With the budget under pressure, however, there are indications that Beijing … Read more
Russian Central Bank Links Crypto Transactions With Money Laundering
The Russian central bank now considers any crypto exchange transaction as a money laundering risk Go to Source Powered by WPeMatico