County Major Financial News
15.03 / 17:35
Honda
Big Japanese Companies Plan Largest Wage Increase in Years
TOKYO—Major Japanese companies promised to raise wages at the fastest pace in years to help workers cope with inflation, an unusual situation in a country where wages and prices have generally been flat for three decades.
15.03 / 01:13
Stablecoin
Adoption
National
Cross-border
National Australia Bank made first-ever cross-border stablecoin transaction
National Australia Bank (NAB) announced March 14 that it had executed the first-ever cross-border stablecoin transfer on a layer 1 public blockchain. The intrabank transfer used the bank’s fully backed AUDN stablecoin tied to the Australian dollar (AUD).
13.03 / 21:01
Bitcoin
Signature Bank
Silicon Valley Bank
Another Bank Down: Crypto-Friendly Signature Bank Closed Over Systemic Risk Concerns – What Does This Mean for Crypto?
Yet another crypto-friendly bank has gone down with the collapse of New York-based Signature Bank. But according to the industry, crypto now cannot be stopped.
13.03 / 12:28
Adoption
regulation
coinbase
exchanges
Bankruptcy
Features
Coinbase CEO ponders banking features after Silicon Valley Bank crisis
The wider cryptocurrency community continues to debate the ongoing fallout following the closure of three major American banks, with calls for neobank services for the industry on the cards.
04.03 / 18:21
Provident
Digital
Citizens
Progressive
Interface
India explores offline functionality of CBDCs
The digital rupee (e), India’s recently launched in-house central bank digital currency (CBDC), is now being tested for offline functionality, revealed Ajay Kumar Choudhary, executive director of the Reserve Bank of India (RBI). The RBI is the central bank and regulatory body of India.
14.02 / 17:33
stocks
Wells Fargo
Bitcoin
analyst
end
Wells Fargo's Top Analyst Predicts End of Stocks Bear Market – What Does This Mean for Cryptos?
A top analyst at the major US bank Wells Fargo has predicted that the bear market in stocks is over for now – a prediction that could also be good news for crypto.
14.02 / 14:57
Kucoin
Microsoft
MicroStrategy
Kraken
BitMEX
London is Going to Host the Largest Crypto & Blockchain Conference
Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.
12.02 / 09:23
business
Ethereum
regulation
Banks
Taxes
Bitcoin
Brazil’s oldest bank allows residents to pay off tax bill with crypto
Brazilian bank Banco do Brasil is offering a new and convenient option for taxpayers to settle their dues using cryptocurrencies.
06.02 / 23:51
Blockchain
Digital
regulation
Extreme
Bitcoin
guidelines
South Korea Takes Major Step Toward Cryptocurrency Legalization with New Guidelines on Securities Tokens
South Korea has taken a major step towards bringing crypto into the mainstream as the country’s main financial regulator introduces new guidelines on security tokens.
02.02 / 13:31
Binance
Digital
Tether
coinbase
Kraken
guidelines
UK Takes Major Step Forward in Regulating Crypto – Temporary Backtrack on Crypto Promotion Guidelines
The UK Treasury is set to deliver "ambitious plans to robustly regulate cryptoasset activities" on a par with traditional finance, but will also step away from the plan to apply stock-like standards to crypto promotions - for now.
24.01 / 14:15
coinbase
Crypto Exchange
Coinbase Crypto Exchange Announces Partnership with Germany's Borussia Dortmund Soccer Team – Here’s What You Need to Know
Major US-based cryptocurrency exchange Coinbase has expanded its partnership with German soccer team Borussia Dortmund (BVB) to include advertising in the stadium and promotions on all BVB marketing channels.
21.01 / 17:11
Technology
Adoption
regulation
Europe
Central Bank
Cash
Going cashless: Norway's digital currency project raises privacy questions
The small Nordic country of Norway may not be particularly notable on the global crypto map. With its 22 blockchain solution providers, the nation doesn’t stand out even at the regional level.
29.12 / 20:47
business
Blockchain
Technology
National
Over 1,400 Chinese firms operating in blockchain industry, national whitepaper shows
On Dec 29, the state-owned China Academy for Information and Communications Technology, or CAICT, published a document titled "2022 Blockchain Whitepaper." According to the paper, more than 1,400 blockchain firms are currently based in Mainland China. Together with the U.S., the two countries represent a 52% market share in terms of global blockchain enterprises.
26.12 / 16:11
Adoption
NFT
Europe
Italy to create the crypto art Renaissance: NFT market report
Italy is one of the cultural hubs of Europe, with centuries of history, art and culture. Now it is also posed to create the crypto art Renaissance via its nonfungible token (NFT) market, says a new report.
14.12 / 13:59
NFT
regulation
Apple
Apple to Allow External App Stores in Major Overhaul Prompted by EU Regulations – NFT Boom Incoming?
Tech giant Applewill reportedly allow iPhone and iPad users to install non-App Store apps next year, in its effort to comply with the incoming strict European Union requirements.
28.11 / 16:55
Digital
Remark
network
Russian President Putin Says Independent Blockchain-Based Payment Network Would Be “Much More Convenient” Than Existing System
A new blockchain-based international payment system could soon take shape, if Russian President Vladimir Putin gets his way.
13.11 / 09:09
cryptocurrency
FTX
Sam
Sam Bankman-Fried’s FTX ditched by top sports partners amid crisis
The effects of crypto exchange FTX's meltdown are being felt across the digital currency industry, and have extended to the world of sports too.
25.10 / 08:31
UBS
dealmaking
UBS’s dealmaking fees tumble by 60% follow Wall Street declines
UBS's fees from dealmaking slipped by nearly 60% in the third quarter, kicking off an earnings season for major European investment banks after a slump at Wall Street rivals.
24.10 / 15:13
business
Blockchain
Santander bank trials blockchain platform for used cars in Brazil
Major global bank Santander continues exploring the benefits of blockchain technology, with a local branch implementing blockchain for vehicle trading and car registration.
03.10 / 16:47
Binance
CEO
WazirX
Crypto Exchange
Indian
Indian Crypto Exchange WazirX Lays Off 40% of Workforce
Major Indian crypto exchange WazirX has laid off about 40% of its employees, citing a fall in trading volumes due to the bear market and the regulatory climate in India.
27.09 / 20:07
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