Banking Financial News

07.09 / 15:01
regulation banking interest rate 'Crypto for good': This community doesn't just innovate, it wants to make a difference
Innovation is the lifeblood of any new market or industry, and crypto is no exception. But when disruptive sectors move fast, there's always a real risk that crucial values — including safety and compassion — end up getting left behind.
24.08 / 16:29
Banks banking Financial Services Bitcoin banking system Bitcoin and the banking system: Slammed doors and legacy flaws
Despite Bitcoin’s (BTC) promise of a peer-to-peer world, building a Bitcoin-first business in 2022 still requires third-party intermediaries. Whether it’s startup capital, using fiat money or simply exploiting fiat payment rails, Bitcoin business means interaction with the legacy financial system. 
10.08 / 04:31
business Banks banking German crypto bank Nuri with 500K users files for insolvency
Nuri, a German start-up crypto bank with 500,000 customers filed for insolvency on Aug. 9, citing major crypto sell-offs, insolvency of Celsius and other crypto funds earlier this year as a reason for the move. 
05.08 / 04:45
business Banks banking Loans Customers Voyager received better buy-out offers than FTX’s, set to return $270M to customers
Beleaguered crypto lender Voyager Digital Holdings says it has received a number of “higher and better” buy-out offers than that offered by AlamedaFTX back in July, contrary to the investment firm's continued public statements. 
20.07 / 23:21
Adoption Tax banking Local Tax 'First' for Digital Yuan as Pilot Continues to Broaden Scope
Chinese citizens have begun using the digital yuan to pay “inter-city” tax bills – doing away with the need to conduct wire transfers to local tax authorities via banks.
15.07 / 13:15
cryptocurrency banking ‘Politics can no longer miss out on crypto,’ says ex French deputy and Macron ally Pierre Person
Defying France’s traditional financial systems and figures to convince them of the benefits of cryptocurrency was a sluggish battle for Pierre Person, a plucky 33-year-old who served as a member of France’s National Assembly for the past five years.
04.07 / 12:57
banking Bitcoin Peter Schiff Gets an Unexpected Lesson in the Benefits of Bitcoin as Banking Woes Bite
The arch-Bitcoin (BTC) skeptic Peter Schiff has experienced problems with the traditional international banking system – giving BTC advocates the opportunity to tell him that his struggles could have been avoided had he made use of bitcoin.
29.06 / 03:21
cryptocurrency IPO banking Neobank K-Bank May Have to Postpone IPO Plan as Crypto Winter Bites
An up-and-coming South Korean bank appears to be suffering from the crypto market’s volatility – and may have to shelve its initial public offering (IPO) plans if crypto winter continues.
21.06 / 14:11
cryptocurrency Central Bank banking Bitcoin After Inflation Fiasco, Central Banks Now Want to Monopolize Trust in Money With CBDC Push and Crypto Bashing
As central banks across the globe are now admitting they failed to keep inflation under control and by sharply rising rates threaten to push economies into recession, they now claim that they are the main source of trust in the monetary system. 
17.06 / 19:39
Adoption regulation banking Kazakhstan Develops New Program to Team Up Crypto Exchanges with Banks
As countries across the world intensify efforts to attract crypto industry players, the authorities of Kazakhstan have launched a pilot program to encourage selected local banks to partner with licensed crypto exchanges.
08.06 / 12:57
Legal Federal Reserve banking US Crypto Bank Custodia Sues the Fed Over Delayed Master Account Application Processing
US digital asset-focused bank Custodia has filed a lawsuit against the Federal Reserve (Fed) Board of Governors and the Federal Reserve Bank of Kansas City, accusing the two institutions of“unlawfully” delaying its application for a master account with the Fed for 19 months.
27.05 / 05:31
business Blockchain banking settlement JPMorgan trials blockchain for collateral settlement in after-hours trading
Multinational investment bank JPMorgan Chase & Co is reportedly trialing the use of its own private blockchain for collateral settlements.
25.05 / 11:23
NFT regulation banking South Korean Regulators to Inspect Companies Linked to Terraform
South Korea’s financial regulators are planning to launch onsite inspections into domestic companies that have a business relationship with Terraform Labs – and particularly those that have made use of terra (LUNA) ecosystem coins.

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