The Daily: Belarus Adopts New Regulations, Galaxy Digital Releases Q3 Results
In this edition of The Daily, we look at the latest regulatory development in Europe – Belarus High Technologies Park has adopted new regulations for cryptocurrency companies. We also...
PBOC Deputy Governor Calls STOs ‘Illegal Financial Activity’
Local media has reported that the People’s Bank of China (PBOC) has banned security token offerings (STOs). Pan Gongsheng, a deputy governor of the PBOC, has mobilized the same...
My Bank App is Better Than Bitcoin for Payments (And That’s Fine)
The cryptocurrencies are faster and cheaper narrative has fizzled out as banks have embraced digital payments in recent years, improving customer experience and usability. Sure, buying a beer with...
Bitcoin Suisse Joins Crypto Firms Trying To Turn out to be Swiss Banks
Bitcoin Suisse, the Switzerland-based cryptocurrency dealer, has taken the primary steps to turning into a bonafide financial institution, the corporate has revealed.
Bitcoin Suisse Applies For Banking, Securities License
In a...
Wyoming Senate Passes Bill Recognizing Cryptocurrency as Money
The Senate of the U.S. state of Wyoming has passed a bill which defines cryptocurrency as property and establishes rules including for allowing banks to provide crypto custodial services. For...
The Daily: Crypto Startups Licensed in Poland, Dutch Bank Offers Coin Storage
In this edition of The Daily, the Polish financial watchdog has authorized two crypto companies to operate as payment service providers and a bank in the Netherlands now offers...
Trio Arrested in $10 Million Bank Fraud Scheme
Three individuals find themselves at the center of a complex crypto scam, accused of defrauding New York banks of more than $10 million.
In a statement released by US Attorney...
Bahamas-Based Deltec Bank Holds a ‘Large’ Bitcoin Position
Bahamas-based Deltec Bank & Trust said during a recent video review that it’s holding a “large position” in bitcoin. The information was given by their chief investment officer, Hugo...
German Bank Donner & Reuschel to Offer Crypto Custody Services in Response to a...
Cryptocurrency adoption among the traditional banking industry keeps spreading across the board, and it has arrived at a bank based in Hamburg, Germany. Donner & Reuschel is set to...
