Banks – Page 29 – Miami Crypto Coin

President Biden announces pick for FDIC chair

Post author:MiamiCrypto
Post published:November 14, 2022
Post category:Banks fdic Government Regulation United States

Martin Gruenberg was FDIC acting chair while the agency issued cease and desist orders to crypto firms and suggested that payment stablecoins merited further consideration.

Lebanese Mint, Keep, Spend Crypto Amid Crisis, Report Unveils

Post author:MiamiCrypto
Post published:November 7, 2022
Post category:Banks Bitcoin Crisis Crypto Crypto mining crypto payments Cryptocurrencies Cryptocurrency dogecoin Dollar Economics Ether income Lebanese Lebanon Litecoin meltdown Mining pound remittances Store of value Tether Transactions transfers

Living in the chaos of a deep crisis, people in Lebanon have been turning to cryptocurrency, a new media report has confirmed. From earning much needed income through mining and…

Santander’s UK Branch to ‘Protect Customers’ by Blocking Crypto Exchange Deposits

Post author:MiamiCrypto
Post published:November 7, 2022
Post category:AA News Banks Crypto News United Kingdom

The latest bank to clamp down on crypto in the UK is Santander. Over the weekend, it was reported that the retail bank is planning to block real-time payments to…

Union Bank of the Philippines launches Bitcoin and Ethereum trading

Post author:MiamiCrypto
Post published:November 2, 2022
Post category:Banks Central Bank Cryptocurrencies Government Investments Metaco Philippines Stablecoin trading

UnionBank, one of the largest universal banks in the Philippines, debuts cryptocurrency trading via a partnership with a Swiss crypto firm.

Singapore bank DBS uses DeFi to trade FX and state securities

Post author:MiamiCrypto
Post published:November 2, 2022
Post category:Asia Banks Central Bank DBS bank Fintech Forex Government Singapore Stocks trading

Major Asian financial institution DBS Bank has applied DeFi technology for a project backed by the Monetary Authority of Singapore.

Crypto adoption via regulation: Setting rules for centralized exchanges

Post author:MiamiCrypto
Post published:November 1, 2022
Post category:AML Banking Banks Bitcoin Regulation Fiat Money KYC law Money Laundering Money Transfers Technology Tokens

While some security issues do exist, major internet outages like the one witnessed across the EU recently cannot really threaten cryptocurrencies or their associated networks.

El Salvador’s Bitcoin purchase information can’t be made public: Trustee

Post author:MiamiCrypto
Post published:November 1, 2022
Post category:Banks Central Bank Corruption El Salvador

As a development bank for El Salvador, BANDESAL created a $150 million trust fund to guarantee the convertibility to dollars for citizens and merchants.

Reserve Bank of India to reportedly launch digital rupee pilot in November

Post author:MiamiCrypto
Post published:October 31, 2022
Post category:Banks CBDC Central Bank Fiat Money India RBI

Now debuting the wholesale CBDC, the RBI plans to launch the digital rupee for the retail segment within a month in select locations.

Swiss Seba Bank launches NFT custody despite market decline

Post author:MiamiCrypto
Post published:October 26, 2022
Post category:Banks Cryptocurrencies Switzerland Tokens

Seba Bank’s retail and institutional clients can now store tokens of Ethereum-based NFT collections like Bored Apes and CryptoPunks in the bank's new custodial service.

Gold vs BTC correlation signals Bitcoin becoming safe haven: BofA

Post author:MiamiCrypto
Post published:October 25, 2022
Post category:Analysis Bank of America Banks Bitcoin Price Cryptocurrencies gold HODL inflation Research Stocks

Bitcoin’s growing correlations with gold, S&P 500 and Nasdaq 100 indicate that investors see BTC as a “relative safe haven,” BofA strategists wrote.