Search Results for: regulated financial institution

Digital Assets for 1 Billion Rubles Issued in Russia in a Month

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Platforms authorized by the Russian government issued digital assets worth around a billion rubles in April, the local press reported. The spike in the volume has been attributed to Russian companies experimenting with new financial instruments amid limited access to traditional…

German Stock Exchange Boerse Stuttgart to Provide Crypto Custody Through Licensed Subsidiary

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Blocknox, a subsidiary of one of Europe’s largest stock exchanges, Boerse Stuttgart, has been licensed to operate as a crypto custodian in Germany. The authorization will allow the company to offer custody services for digital assets to institutional investors across the…

‘Panic of 2023’: James Corbett Explains How Bank Crisis Could Lead to CBDC ‘Nightmare of Total Monetary Control’

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Investigative journalist James Corbett has recently referred to the ongoing global banking crisis involving SVB, Signaturbank, Credit Suisse and others as the “Panic of 2023,” drawing comparisons to what he views as historical precedents, and pointing ahead to an inevitable…

Fed-Chef Powell über Krypto: Wir sehen Aufruhr, Der Betrug, Mangel an Transparenz, Risiko eingehen

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Der Vorsitzende der Federal Reserve, Jerome Powell, hat während einer Anhörung vor dem Bankenausschuss des Senats mehrere Risiken im Zusammenhang mit Kryptoaktivitäten dargelegt, Gehäuse, und städtische Angelegenheiten. Während er feststellt, dass die Fed Turbulenzen sieht, Betrug, ein Mangel an Transparenz, and run risk…

Pakistan Banks to Use Blockchain Technology for KYC

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Banks in Pakistan plan to launch an electronic platform for know-your-customer procedures that will be operating on a national level. The blockchain-based system will allow them to exchange the personal information of customers through what they describe as a decentralized and…

Digitales Gold wird von der russischen Rosbank gegen digitale Rubel eingetauscht

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Rosbank has brokered Russia’s first deal involving the exchange of tokenized gold with the digital version of the Russian national fiat currency, der Rubel. The successful transaction demonstrates the growing interest in digital financial assets and the need for digital ruble…

Binance Halting US Dollar Deposits and Withdrawals via Bank Accounts

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Global crypto exchange Binance is suspending deposits and withdrawals in U.S. dollars via bank accounts starting Wednesday as more and more banking institutions try to reduce their exposure to the crypto market. “We are working hard to restart service as soon…

Coinbase erhält behördliche Genehmigung für den Betrieb als Anbieter virtueller Asset-Dienste in Irland

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Coinbase hat bekannt gegeben, dass es die behördliche Zulassung als Anbieter virtueller Asset-Dienste erhalten hat (VASP) In Irland, Laut einem im Dezember veröffentlichten Blogbeitrag des Unternehmens. 21. Nach Angaben des Unternehmens, Coinbase wurde von der irischen Zentralbank genehmigt, was bedeutet…

Singapore Seeks to Reduce Risks for Retail Crypto Investors With Restrictive Rules

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Financial authorities in Singapore have proposed new regulations designed to protect consumers from risks associated with cryptocurrency investment and trading. The measures, which also aim to expand regulations for stablecoins, will be discussed with the industry before their adoption. Singapore Prepares…

Fintech-Gesetz genehmigt und bereit, in Chile sanktioniert zu werden

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A fintech bill, which seeks to regulate fintech and cryptocurrency-related activities in Chile, has been approved by the deputy chamber of the congress, leaving it ready to be sanctioned by the president of Chile, Gabriel Boric. According to individuals in the…