Former currency comptroller to become CEO of Binance US crypto exchange
Brian Brooks, the former acting comptroller of the currency of the United States Office of the Comptroller of the Currency, is set to become the...
Tag : Banks
Turkey to ban cryptocurrency payments
A new ban in Turkey will prohibit crypto holders from using their digital assets for payments, in addition to preventing payment providers from adding funds...
Nearly 75% of professional investors see Bitcoin as bubble: survey
Bank of America released a new survey that found that the majority of professional investors are not very optimistic about the world’s largest cryptocurrency. Nearly...
European Investment Bank reportedly to issue bonds with blockchain tech
The European Investment Bank, an international financial institution owned by European Union member states, is reportedly exploring blockchain technology for issuing digital bonds. According to...
State Street to provide tech for institutional Bitcoin trading platform
State Street, the second-oldest operating bank in the United States, is moving into the cryptocurrency industry by agreeing to provide its technology for a new...
Citi and IADB complete cross-border payment pilot with blockchain tech
Banking giant Citigroup has successfully completed a proof-of-concept for blockchain-based cross-border payments in collaboration with the Inter-American Development Bank, or IADB. According to a Thursday...
Digital yuan campaign planned for contested island in the South China Sea
South China’s Hainan Province, which administers the prefectural Sansha City on a disputed archipelago in the South China Sea, will run a two-week campaign later this month...
Sweden’s central bank completes first phase of digital currency pilot
After completing the first phase of its digital currency pilot project, Sveriges Riksbank has found some critical issues that must be addressed before Stockholmers can buy coffee...
How banks can identify money laundering involving crypto, explained
Following the money laundering red flag indicator guidelines set out by the FATF is a good place to start. Red flag indicators related to transactions...
After breaking $100 billion TVL, DeFi is now the equivalent of a top 40 U.S. bank
According to decentralized finance ecosystem tracker DeFiLlama, early on Tuesday, the DeFi ecosystem breached $100 billion in total value locked for the first time —...