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Russia’s central bank has examined three platforms offering crypto-related services. The projects have been tested in its regulatory sandbox in the course of 2020. Bank of Russia has received dozens of requests to pilot various financial services since it created the closed regulatory environment around three years ago. CBR Pilots 3 Crypto Projects in 2020 […]Powered by WPeMatico
The South Korean crypto frenzy among the banking industry remains on fire, as another major bank is treading waters to offer banking services for crypto exchanges. The BNK Busan Bank launched a program that consists of visiting competitors’ banks that already offer it. BNK Busan Is Visting Its Competitors to Conduct the Research According to […]Powered by WPeMatico
Japanese financial group SBI Financial Services has announced the acquisition of the United Kingdom-based crypto services firm B2c2 for an undisclosed amount. The purchase helps the Asian financial giant to become one of the mainstream financial institutions to have a full-fledged digital asset trading desk. A New Opportunity In a report, the two companies laud […]
The post SBI’s Acquisition of Crypto Firm Helps the Asian Giant Create Full-Fledged Digital Asset Trading Desk appeared first on Bitcoin News.
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Basler Kantonalbank (BKB), Switzerland’s eighth-largest bank, is getting into crypto through its subsidiary, Bank Cler. Owned by the Swiss Canton of Basel-City, BKB has total assets of approximately $49 billion. Swiss Canton Bank Launching Crypto Services Local Swiss government-owned commercial bank BKB will be offering cryptocurrency services through Bank Cler, the bank told Citywire Switzerland […]
The post Government-Owned Swiss Bank Launching Crypto Trading and Custody Services appeared first on Bitcoin News.
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Following the approval of a regulatory framework for cryptocurrencies by the South Korean government, one of the largest banks in the country is preparing to launch a range of crypto services. KB Kookmin Bank has applied for trademark registration, reportedly listing over 20 crypto services on its application. Also read: 2x Bitcoin — Wanna Double […]
The post Major South Korean Bank Prepares to Launch Crypto Services as Government Green-Lights Regulation appeared first on Bitcoin News.
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The crypto community has had a rough relationship with traditional financial institutions with limited solutions available. Around the world, both early and recent crypto users have had bank accounts closed, transactions rejected, unnecessary delays in receiving their funds, or worse. To add to this dilemma, the availability of trustworthy and regulated solutions where both your crypto and fiat are safe and spendable has been non-existent… Until Now. A better alternative to banking is now available around the world- it is tested, proven, and it delivers.
The post A Better Alternative to Banking – Club Swan appeared first on Bitcoin News.
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Multiple joint projects between banks and crypto companies based in Switzerland now offer customers the opportunity to invest in digital assets and take advantage of banking services related to cryptocurrencies. It’s all happening in a regulated environment, generally friendly towards the growing crypto industry. The latest partnership between a traditional institution and a fintech startup […]
The post Swiss Banks Team With Fintechs to Enter the Crypto Space appeared first on Bitcoin News.
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India’s central bank, the Reserve Bank of India (RBI), has unveiled its framework for a fintech regulatory sandbox. While blockchain and smart contracts are welcomed, the bank stated that cryptocurrency and related services “may not be accepted for testing.” Also read: Indian Supreme Court Postpones Crypto Case at Government’s Request RBI Welcomes Blockchain Tech The […]
The post RBI Excludes Cryptocurrency From Indian Regulatory Sandbox appeared first on Bitcoin News.
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Nasdaq and Bcause have announced that a suite of new cryptocurrency services will be offered via the Nasdaq Financial Framework. These services include crypto mining and custody solutions, as well as spot and derivatives trading. They are expected to attract a broad range of users including “a new breed of investors wanting to participate in […]
The post Suite of Crypto Services Including Mining, Trading, Custody to Leverage Nasdaq Framework appeared first on Bitcoin News.
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