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Showing posts with label Banking. Show all posts
Showing posts with label Banking. Show all posts
Tuesday, 1 February 2022

UBS Warns of Crypto Winter Amid Expectation of Fed Rate Hikes and Regulation

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UBS, Switzerland’s largest bank, has warned about a crypto winter where prices crash and may not recover for years. The bank’s a...
Friday, 30 July 2021

RIPPLE’S XRP LOSING COMPETITIVE ADVANTAGE: BIS AND SWIFT GOING REAL-TIME

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Nexus is a model for connecting multiple national payment systems into a cross-border platform that could enable international p...
Thursday, 8 July 2021

Bank of Jamaica to begin digital currency pilot in August

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The Bank of Jamaica is getting ready to begin testing its planned central bank digital currency in collaboration with financial institutions...
Wednesday, 7 July 2021

Report: Fintech's Growing Popularity a Threat to Profitability of Nigerian Banks

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Financial technology companies (fintechs) are now among the biggest threats to the overall profitability of Nigerian banks, anal...
Tuesday, 6 July 2021

UBS Advises 'Stay Clear' of Cryptocurrencies — Warns 'Regulators Will Crack Down on Crypto'

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Switzerland’s largest bank, UBS, has advised investors to “stay clear” of cryptocurrencies and “build their portfolio around les...

Barclays Blocks Customers From Sending Funds to Binance

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Barclays has reported it no longer supports wiring funds to Binance, one of the largest cryptocurrency exchanges in terms of dai...
Sunday, 4 July 2021

BIS Economist Recommends 'Technology-Neutral' Crypto Regulation, Low-Cost Supervision of Decentralized Markets

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An economist with the Bank of International Settlements has found that cryptocurrencies are not sought as an alternative to fiat...
Saturday, 3 July 2021

Bank of Russia to Study Risks of Crypto Investing With Banks and Payment Providers

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The Central Bank of Russia (CBR) has set out to examine the risks associated with cryptocurrency investments. The regulator is g...
Friday, 2 July 2021

Softbank Invests $200 Million in Brazilian Crypto Trading Platform Mercado Bitcoin

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The multinational conglomerate holding company headquartered in Tokyo, Softbank operates a Latin America Fund that invests in st...
Wednesday, 30 June 2021

Deutsche Börse Group Acquires Major Stake in Swiss Firm Crypto Finance AG

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On Tuesday, Deutsche Börse Group, marketplace manager for the trading of shares and other securities, explained the company has ...

Standard Chartered, Fidelity, TP ICAP to Launch Cryptocurrency Trading Platform

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Fidelity, Standard Chartered Bank, and TP ICAP are collaborating to launch a cryptocurrency trading platform. It will feature a ...
Monday, 28 June 2021

Bank of Tanzania Hints at Possible Crypto Ban Reversal as Spokesman Confirms Bank Is 'Working on the Directives Given'

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In a hint that Tanzania might soon reverse its 2019 crypto ban, an unnamed spokesperson of the Bank of Tanzania (BOT) recently s...

Indian Banks Halting Services to Crypto Industry Post RBI Clarification

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Several Indian banks have reportedly halted services to customers dealing in cryptocurrencies despite the central bank, the Rese...
Sunday, 27 June 2021

Swiss National Bank Has No Plans for a Digital Currency: Report

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The Swiss National Bank tested the feasibility of CBDCs in 2020. The Swiss National Bank (SNB) is not planning to introduce a ce...
Saturday, 26 June 2021

10,000 Financial Institutions Can Now Let Customers Buy, Sell, Hold Bitcoin Through Their Bank Accounts

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Banks and credit unions of all sizes can now facilitate the buying, selling, and holding of bitcoin within their banking platfor...

J.P. Morgan’s survey says 51% institutional investors believe in cryptocurrency!

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📣 J.P. Morgan’s survey says 51% institutional investors believe in #cryptocurrency! 👉 Investment bank JPMorgan surveyed thousa...

Citigroup Launches Digital Assets Group to Provide Clients Access to Cryptocurrencies

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Citigroup has reportedly set up a “digital assets group” to offer clients access to cryptocurrencies, which will operate within the bank’s w...
Tuesday, 22 June 2021

SEBA Bank Completes Series B Fundraising to Fuel Growth For Providing Smart Banking and Full Services in Digital and Traditional Assets

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FINMA licenced Swiss Seba Bank – who already provide a seamless, secure and easy-to-use bridge between digital and traditional a...
Saturday, 19 June 2021

Danske Bank Takes Position on Cryptocurrencies, Will Not Interfere With Crypto Trading

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Danske Bank will not block credit cards used in crypto trading, according to its newly announced position on cryptocurrencies. T...

Goldman Sachs Leverages Crypto Management Firm Galaxy Digital to Swap Bitcoin Futures

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Galaxy Digital’s co-president Damien Vanderwilt announced today that his firm has partnered with Goldman Sachs to help provide b...