EU central banks working on DLT-based asset settlement
Banca d’Italia and Deutsche Bundesbank shared experiences on distributed ledger technology-based settlements in a workshop.
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BNY Mellon Urges Ireland to Adopt Crypto Rules Before EU Regulations, Report Reveals
As authorities in the EU are still discussing union-wide cryptocurrency regulations, a major U.S. bank has reportedly lobbied the Irish government to adopt its own rules for the space. BNY…
Search for fiat alternative ‘perfectly reasonable,’ says StanChart CEO
The CEO of the British bank believes stablecoins, CBDCs and even NFTs will likely outgrow cryptocurrencies.
Suex Founder Loses Top Job Over US Sanctions, Major Exchange, Payment Provider Implicated
The scandal around sanctioned crypto broker Suex is growing in Russia where one of the co-founders of the OTC platform has been dismissed from his executive post at a bank.…
Bank of Russia Lists Crypto Companies Among Financial Pyramids
The Central Bank of Russia has recently expanded its database of financial market players suspected of illicit activities. Several crypto companies have been added to the list along with entities…
Bank of Russia to ‘Slow Down’ Payments to Crypto Exchanges, Curb Russians’ Impulsive Investments
Central Bank of Russia is now working with commercial banks in order to delay payments made to digital asset exchanges. The move aims to limit “emotional” cryptocurrency purchases made by…
Crypto Trading, Mining Are Illegal and Punishable, Nepal Central Bank Warns
Mining and trading of cryptocurrencies are illegal in Nepal, the country’s central bank has reminded citizens of the Himalayan nation. The regulator also warned that participating in such activities would…
El Salvador’s largest bank partners with Flexa for Bitcoin payments
Bancoagrícola will work with Flexa to accept Bitcoin across the bank’s network for payments like loans and credit cards.
BBVA Switzerland Launches ‘New Gen’ Digital Account With Integrated Crypto Wallet
Clients of BBVA Switzerland will be able to buy, store, and trade crypto assets with a digital account that comes with a cryptocurrency wallet. The new banking product will be…
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