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Bank Coin News (Page 5)

Report: Investors Pour Billions Into Bonds and Bitcoin Ahead of Election

As the 2024 U.S. election approaches, investors are channeling hefty sums into bonds and bitcoin, signaling a clear shift in... Read more

Posted by bitcoin.com 2 weeks ago

BIS cuts ties with controversial CBDC project mBridge, citing project maturity

The Bank for International Settlements (BIS) announced its departure from Project mBridge, a central bank digital currency (CBDC) initiative developed... Read more

Posted by cryptoslate.com 2 weeks ago

JPMorgan Chase Paying $100,000,000 To Customers As Bank Settles Wave of Allegations From U.S. Securities and Exchange Commission

JPMorgan Chase is handing $100 million to customers after settling a wave of allegations from the U.S. Securities and Exchange... Read more

Posted by dailyhodl.com 2 weeks ago

BIS Drops Mbridge Project Participation: It Was ‘Not Created to Serve the BRICS’

The BIS announced it was abandoning Mbridge, a project aimed at using CBDCs to interconnect the financial systems of several... Read more

Posted by bitcoin.com 2 weeks ago

Paxos partners with DBS Bank to launch regulated stablecoin in Singapore

Paxos launched a regulated stablecoin in Singapore along with DBS bank.... Read more

Posted by invezz.com 2 weeks ago

UBS launches its first tokenized fund on Ethereum blockchain

UBS Asset Management, a subsidiary of Zurich-headquartered investment bank UBS, has launched its inaugural tokenized fund on the Ethereum blockchain,... Read more

Posted by cryptoslate.com 2 weeks ago

Transak Secures Dual Licenses in Canada and Delaware for Crypto Access

Transak has obtained two licenses from Canada and the US to enhance its regulatory compliance. In the US, Transak USA LLC... Read more

Posted by financemagnates.com 2 weeks ago

FTX eyes $21 million asset recovery through settlements with bank and charity organization

Bankrupt crypto exchange FTX has reached settlement agreements with Evolve Bank and Silicon Valley Community Foundation (SVCF) that could enable... Read more

Posted by cryptoslate.com 2 weeks ago

Paxos launches USD-backed USDG stablecoin with DBS Bank

Paxos launches USDG, a Singapore-compliant stablecoin, partnering with DBS Bank for US dollar reserves in line with Singapore’s MAS framework.... Read more

Posted by cointelegraph.com 2 weeks ago

Paxos Ups Its Stablecoin Bet: Launches MAS-Compliant USDG

Paxos has expanded its stablecoin offerings with the launch of Global Dollar (USDG), a US dollar-backed stablecoin that aligns with... Read more

Posted by financemagnates.com 2 weeks ago

India Reclaims 102 Tonnes of Gold From Bank of England as Global Risks Rise

The Reserve Bank of India has repatriated 102 tonnes of gold from the UK, bolstering domestic reserves as global instability... Read more

Posted by bitcoin.com 2 weeks ago

Brazilian Central Bank Considers Taxing Stablecoin Remittances

The stablecoin boom in Brazil has caught the attention of the central bank, which is currently exploring several ways to... Read more

Posted by bitcoin.com 2 weeks ago

Sygnum, Managing $4.5 Billion, Restructures Crypto Fund for Institutional Push

The Swiss-based digital asset banking group Sygnum has successfully converted its Yield Core crypto fund into a Luxembourg Reserved Alternative Investment Fund (RAIF)... Read more

Posted by financemagnates.com 2 weeks ago

Kazakhstan CBDC pilot drastically reduces VAT refund wait

The National Bank's latest project again shows the advantages of programmable central bank digital currency.... Read more

Posted by cointelegraph.com 2 weeks ago

BIS Considers Ending Mbridge Project Over BRICS Connections, but Is It Too Late?

While conversations about ending the CBDC-enabled international settlements project have focused on its links to BRICS, Mbridge has already reached... Read more

Posted by bitcoin.com 3 weeks ago

Citibank Employee Transfers $166,000 To Himself After Gaining Unauthorized Access to 79-Year-Old Dementia Patient’s Account: Manhattan District Attorney

A former personal banker at Citibank has admitted to stealing a huge pile of cash from an elderly customer. According... Read more

Posted by dailyhodl.com 3 weeks ago

Crypto Exchange OKX Announces ‘Milestone’ Partnership With Investment Bank Standard Chartered

The fourth-largest crypto exchange by trading volume is announcing a new partnership with a prominent international banking giant. In a... Read more

Posted by dailyhodl.com 3 weeks ago

Ramp Network launches crypto-to-MXN transactions via SPEI bank transfers

Ramp Network, a leading fintech company connecting the crypto economy with global financial systems, has launched crypto-to-fiat off-ramp support for... Read more

Posted by invezz.com 3 weeks ago

Canadians wary of adopting digital dollar, Bank of Canada finds

The Bank of Canada’s research revealed mixed views on the digital Canadian dollar and highlighted Canadians’ enduring trust in cash... Read more

Posted by cointelegraph.com 3 weeks ago

2,430% Surge: Why Central Bank Digital Currencies Are Set to Explode

The explosive growth of central bank digital currencies, expected to surge 2,430% by 2031, could revolutionize global payments, slashing cross-border... Read more

Posted by bitcoin.com 3 weeks ago