Cryptocurrency Analysis and News Portal
Turkey will begin piloting a previously undisclosed digital currency in the second half of 2021, the country’s chief central banker Naci Ağbal told members of parliament Friday. “There is an R&D project initiated on digital money. Currently the conceptual phase of this project has been completed. We aim to start
Read More
Bitcoin is the one asset everyone in 2020 is talking about whether they are for or against the
Read More
Active digitalization of large domestic financial institutions is a noticeable, definitely positive trend. Russia is one of the five world leaders in the speed of transition to cashless payments, and the number of contactless transfers and payments are increasing every year. Such active development requires changes in legislation, and inevitably,
Read More
The chief economist of the Office of the Comptroller of the Currency (OCC), a banking regulator within the U.S. Treasury, believes issuing national bank charters to “fintech shadow banks” could bring “substantial advantages.”In a paper titled “Chartering the FinTech Future,” Charles Calomiris set out how stablecoin providers chartered as
Read More
The regulated Swiss firm is now eyeing a dual listing of shares in Switzerland and Singapore in partnership with the SIX Digital Exchange. Source
Read More
The Bank of France’s Deputy Governor Denis Beau speaking at the Paris Blockchain Summit discussed the progress being made with the central bank digital currency (CBDC) and touched upon possible regulatory changes and the legal framework. During the Paris Blockchain Week Summit 2020, on Thursday, Beau said there has been a
Read More
The massive attention that cryptocurrencies and blockchain technology have received in past months called the attention of DBS Bank.Singapore’s largest bank, DBS Bank, announced the arrival of crypto trading next week, with the integration of DBS Digital Exchange as a subsidiary of the bank. According to a recent press release,
Read More
The NYDFS has always been a fan of innovation favoring the impact Paxos has made in the financial market within the country.A stablecoin issuer and crypto services provider Paxos is on the verge of becoming a fully operational regulated bank in the US after applying to the Office of the
Read More
Stablecoin issuer and crypto services firm Paxos has filed to become a federally-regulated bank in the U.S. The bank would operate out of New York (where Paxos is already located), according to the filing. The company, which already has a New York trust charter and a slew of licenses, currently
Read More
BBVA, the second-largest bank in Spain, with about $840 billion in assets, is poised to enter the cryptocurrency trading and custody space, according to two people familiar with the plans.The Spanish bank will begin its crypto offering out of Switzerland, said a source. Switzerland has relatively comprehensive rules around digital
Read More