70% of central banks exploring digital currency
The Bank of International Settlements has found that a large number of central banks are exploring the issuance of a digital currency.
The Bank of International Settlements has found that a large number of central banks are exploring the issuance of a digital currency.
Nigeria Deposit Insurance Corporation (NDIC) has expressed concern over the development of digital currencies and their effect on the banking industry.
AriseBank acting CEO Jared Rice and founder Stanley Ford, has now been slapped with a $2.7-million fine by a U.S. federal court.
BlockFi, a crypto-lending business, has announced that they have secured an additional $4 million in funding.
Bitwala announced the launch of crypto bank accounts that can be used for virtually anything, just like regular bank accounts.
Good Money, a digital banking platform, raised $30 million in a Series A funding led by Galaxy Digital via its Galaxy EOS VC Fund.
The Supreme Court in Chile has issued a decision allowing the state bank Banco del Estado de Chile to close the account of cryptocurrency exchange Orionx .
Goldman Sachs acknowledges that it plans on growing its crypto division to support increasing client demand for digital assets.
According to media outlet, Brazil’s Deltec Bank & Trust may have been involved in a large money-laundering scheme that involves a Brazilian government official.
Choi Jong-Ku, commissioner of the Financial Services Commission (FSC), said there were no particular issues that should prevent banks from servicing crypto clients.
A published report conducted by undercover journalist revealed that banks across Europe helped their clients illegally take $63 billion in taxes.
The Reserve Bank of India (RBI) has rejected the claims it has formed a crypto-focused unit.