bank

Philippines’ Unionbank to Support Cryptocurrency Exchange via Mobile App

August 13, 2022 Bitcoin.com

App

Union Bank of the Philippines, commonly known as Unionbank, has announced the upcoming launch of another crypto service for its clients. The financial institution will offer select users of its mobile app the option to exchange bitcoin and other digital currencies without a separate wallet. Unionbank to Add In-app Crypto Exchange Feature, Reportedly a First […]

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FTT jumps 50% after FTX gets court approval to repay customers in full

Reserve Bank of Australia to Pilot Digital Currency, Explore Use Cases

August 10, 2022 Bitcoin.com

Australia

The monetary authority in Australia is beginning research into the potential economic benefits of issuing a central bank digital currency. Within the project, the regulator hopes to identify use cases and intends to develop a limited-scale pilot. Central Bank of Australia Working on Digital Currency Program The Reserve Bank of Australia (RBA) announced the launch […]

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FTT jumps 50% after FTX gets court approval to repay customers in full

Portuguese Banks Close Accounts of Crypto Exchanges, Media Reveals

August 5, 2022 Bitcoin.com

Account

Major Portuguese banks have started closing or refusing to open accounts for cryptocurrency platforms such as exchanges, according to media reports. The move threatens to tarnish the country’s image as one of Europe’s most crypto-friendly destinations, a haven for bitcoin enthusiasts. Portuguese Crypto Firms Hit by Bank Account Closures Portugal, a leading European crypto hub, […]

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FTT jumps 50% after FTX gets court approval to repay customers in full

Thailand’s Oldest Lender Delays Bitkub Exchange Acquisition Amid Tighter Crypto Rules

July 22, 2022 Bitcoin.com

Acquisition

The company that owns Thailand’s Siam Commercial Bank has postponed a deal to acquire a majority stake in Bitkub, the country’s largest cryptocurrency exchange. The decision comes amid tightening crypto regulations that limit growth in domestic crypto trading. SCB Postpones Acquisition of Thai Crypto Exchange Bitkub The parent company of Siam Commercial Bank, SCB X, […]

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FTT jumps 50% after FTX gets court approval to repay customers in full

ECB Calls for Urgent Regulation of Stablecoins and Defi, Won’t Rule Out Bitcoin Mining Ban

July 14, 2022 Bitcoin.com

Articles

A new report by the European Central Bank (ECB), presented as a “deep dive into crypto financial risks,” calls for “appropriate” regulation and oversight of stablecoins and decentralized finance (defi). It also addresses the hot topic of Bitcoin’s carbon footprint in Europe, suggesting a ban on proof-of-work mining is probable. Growth of Stablecoins, Defi Warrants […]

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FTT jumps 50% after FTX gets court approval to repay customers in full

Russian Blockchain Alternative to SWIFT to Prevent Disconnection of Nations, Banks

July 13, 2022 Bitcoin.com

bank

A Russian university is ready to test its blockchain-based analogue to the global payment messaging network SWIFT, from which Russian banks were cut off as part of Western sanctions. The developers say their system would not allow the disconnecting of countries and banks. Russian Developers Create SWIFT Substitute Using Blockchain Experts from the Competence Center […]

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FTT jumps 50% after FTX gets court approval to repay customers in full

Bank of Russia Accelerates Schedule for Digital Ruble Project

June 25, 2022 Bitcoin.com

bank

The Central Bank of Russia continues to step up efforts to test and issue the digital ruble, with a roadmap for the full implementation of the new form of the national fiat now expected by the end of 2023. Trials with real transactions and users are scheduled to begin next April, earlier than originally planned. […]

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FTT jumps 50% after FTX gets court approval to repay customers in full

Sberbank to Conduct First Digital Asset Transaction on Own Platform

June 19, 2022 Bitcoin.com

bank

Russia’s largest bank, Sberbank, is going to carry out the first transfer of digital assets on its own dedicated platform within a month, a top executive revealed this week. The announcement comes after earlier this year, the bank was authorized to issue digital financial assets. Sberbank Prepares for Deal With Digital Financial Assets on Proprietary […]

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FTT jumps 50% after FTX gets court approval to repay customers in full

Belgian Banking Group KBC Creates Blockchain-Based Coin

June 18, 2022 Bitcoin.com

bank

KBC Group, a major European banking and insurance institution headquartered in Belgium, has launched a token based on a blockchain platform. Its customers will be able to acquire the new proprietary coins and use them through their KBC wallet and mobile app. KBC Issues Digital Coin for Clients and Partners KBC, the Brussels-based financial group […]

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FTT jumps 50% after FTX gets court approval to repay customers in full

Bank of Kyrgyzstan Issues Warning About Cryptocurrencies, Crypto Payments

June 16, 2022 Bitcoin.com

bank

Amid the growing popularity of cryptocurrencies in Kyrgyzstan, the country’s central bank has reminded citizens about the risks associated with the digital assets. The monetary authority also warned that crypto payments are illegal in the Kyrgyz Republic. National Bank of Kyrgyzstan Urges Caution With Cryptocurrency Cryptocurrencies and other virtual assets are increasingly spreading in Kyrgyzstan, […]

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FTT jumps 50% after FTX gets court approval to repay customers in full