The biggest U.S. and European banks oppose strict new rules that would require them to set aside a dollar in capital for every dollar of bitcoin they own.Read More
The biggest U.S. and European banks, including JP Morgan Chase and Deutsche Bank, oppose new Basel rules for cryptocurrency risks.
The post Major Banks Oppose Basel Rules for Cryptocurrency Risks appeared first on BeInCrypto.
Recently, institutional crypto adoption has been at the center of discussion. A growing number of public companies, major banks, hedge funds, and wealth managers race to increase their exposure to bitcoin and other digital assets.
American multinational investment banking giant Citigroup Inc. is considering offering Bitcoin futures trading for some institutional clients according to reports.
The post Citigroup Mulling Bitcoin Futures Products for Institutional Clients appeared first on BeInCrypto.
As crypto continues to gain significant traction, with spending portals appearing worldwide, central banks are searching for alternatives.
The post Banks Can’t Afford to Keep Ignoring Cryptocurrencies appeared first on BeInCrypto.
The UK bank TSB is enforcing a ban on its customers sending money to two major cryptocurrency exchanges. Following through on vows made at the start of June.
The post TSB Bank Bars Customers From Sending Funds to Binance and Kraken appeared first on BeInCrypto.
Goldman Sachs furthering investment into bitcoin, and even crypto more broadly, shouldn’t surprise anyone too much by now. The top-tier global investment and financial services firm has emphasized this quarter as the one to get their crypto services in swing, and this recent partnership announcement falls in line with exactly that. The Partnership Perspective: Galaxy […]Read More
Tinkoff, a big player in Russia’s online banking sector, is struggling with the country’s staunch rules in their goal of offering crypto to their customers.
The post Russia’s Largest Online Bank Runs Into Problems Offering Crypto appeared first on BeInCrypto.
Russia’s central bank governor, Elvira Nabiullina, believes that digital currencies will be the future of financial systems as the country’s economy moves more online.
The post Russia’s Central Bank Governor: CBDC Is Future for Country’s Financial System appeared first on BeInCrypto.
The Reserve Bank of India has issued a notification to banks on how to relate with their customers who deal with cryptocurrencies.
The post RBI: Banks Can’t Cite 2018 Circular to Deny Services to Customers Dealing With Crypto appeared first on BeInCrypto.
The Singapore private bank DBS has announced its first tokenized bond. The first digital security offering made available on its digital exchange.
The post Singapore Private Bank Unveils First Tokenized Bond appeared first on BeInCrypto.
Leading banks such as Barclays have all blocked their customers from transferring funds to cryptocurrency exchanges. Online challengers like Monzo and Starling have joined them
The post British Banks Crack Down on Crypto Transfers Amid Financial Crime Fears appeared first on BeInCrypto.
Timothy Lane has stated that the energy-intensive process is paramount in how much the public trusts cryptocurrencies.
The post Bank of Canada CBDC to Be of Less Harm to Environment Than Bitcoin, Deputy Says appeared first on BeInCrypto.
The BTC portion of the analysis points out that it only grew to be an asset class, with a sizable market cap, late last year.
The post Bitcoin Swings Affect Broader Market, No Longer a ‘Fringe Asset’ appeared first on BeInCrypto.
The SARB notes that the CBDC may serve as electronic digital tender, complementary to cash, for general purpose retail use.
The post South Africa Now Considering Both Retail and Wholesale CBDC appeared first on BeInCrypto.
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