South Korea’s central bank reportedly has no plans to include Bitcoin (BTC) in its foreign exchange reserves. The Bank of Korea said …
Bank
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Adoption
Bank of Korea to give 100,000 users access to CBDC in real-world pilot
by shayaanby shayaanThe Bank of Korea (BOK) is gearing up to launch a pilot program involving 100,000 participants in early April to test its …
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Gibraltar-based private bank Xapo said Tuesday it is now accepting members’ Bitcoin as collateral for loans. The new service allows customers to …
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Regulation
France central bank governor says Trump is “sowing the seeds of future upheavals” by supporting crypto
by shayaanby shayaanFrancois Villeroy de Galhau, the governor of Banque de France and the European Central Bank Governing Council’s member, believes U.S. president Donald …
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Analysis
Central Bank of Russia Issues Proposal Allowing Wealthy Investors To Trade Bitcoin and Crypto: Report
by shayaanby shayaanThe Central Bank of the Russian Federation has reportedly released a proposal that if approved, would allow qualified entities to trade crypto …
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Regulation
Bank of America Insider Helps Criminals and Illicit Businesses Launder Funds in Massive Global Conspiracy: US Department of Justice
by shayaanby shayaanA Bank of America insider is pleading guilty to boosting a global money laundering conspiracy that aided drug traffickers and other illegal …
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Stark Bank, a startup backed by Amazon founder Jeff Bezos, has positioned itself as the go-to firm for serving cryptocurrency businesses in …
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Europe is currently regarded as the global leader in the number of crypto-friendly banks. These banks offer cryptocurrency-related services such as custody, …
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Regulation
Trump to pick Fed’s Michelle Bowman to replace Michael Barr as vice chair for bank supervision
by shayaanby shayaanFederal Reserve Governor Michelle Bowman is expected to be Donald Trump’s choice for Vice Chair for Bank Supervision, replacing Michael Barr, according …
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Regulation
Russian central bank proposes 3-year crypto trial for select investors
by shayaanby shayaanThe Bank of Russia has proposed a three-year experimental legal framework that would allow a limited group of investors to trade cryptocurrencies, …