Search Results for "crypto banking services"
Simplex Redefines the Fiat-to-Crypto/Crypto-to-Fiat Experience With the Launch of the Simplex Banking Solution
Simplex Banking works alongside Simplex’s unparalleled partner network to overcome key barriers to greater crypto adoption by providing a global solution of crypto- friendly banking, offering local payment methods for a truly global reach.
South Korea’s Financial Services Commission to Ban Privacy Coins from Exchanges
South Korea’s Financial Services Commission (FSC) will ban privacy-centric digital assets or “dark coins” from exchanges as they present a high money laundering risk.
Paxful to Boost Financial Inclusion with Its First Crypto Debit Card
Bitcoin trading platform Paxful announced that it will be adding a crypto debit card to its financial services.
Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020
Banks have increased their interest in cryptocurrencies. Many of them have decided to join the cryptocurrency market, either by offering investments in cryptocurrency or by exploiting the capabilities of blockchain technology, which is already used in various areas with financial services.
Chainalysis Partners with Wyoming Watchdog to Fight Cybercrime and Crypto Laundering Scams
Chainalysis has announced partnered with Wyoming’s Division of Banking to fight cybercrime, crypto laundering, crypto scams, sanctions violations, and more.
Indian Crypto Exchanges Seek Clarity on Legal Status and Taxability from the Reserve Bank of India
Crypto exchanges and companies in India are still seeking regulatory clarity and tax status from the Reserve Bank of India following a Supreme Court ruling in favor of the crypto industry earlier this year. India’s Supreme Court reversed the ban placed by the central bank on financial institutions offering crypto-related banking services. It is two months after lifting the ban, crypto exchanges and firms are now seeking clarification regarding the nature of their operations.
US Congress Planned Hearings on GameStop Market Conditions Shows Value of Bitcoin
The US House Financial Services and Senate Banking Committee has announced that it will hold hearings on the chaos surrounding GameStop stocks.
World First Crypto Bank Sygnum Receives Approval To Offer Banking Services In Singapore
Sygnum has been granted approval by the Monetary Authority of Singapore (MAS) to operate digital markets/banking services in the country
Ziglu Mobile Banking App Makes Cryptocurrency Easy for Everyone
Ziglu, the first UK regulated cryptocurrency bank, has launched its platform app after successfully completing its testing phase.
Brazilian Banking Federation President Claims Crypto Cannot Replace Fiat Money
The President of Brazilian Banking Federation has argued that cryptocurrencies do not meet the basic criteria of real currencies.
How Ripple-Backed Bitso Plans to Expand Cross-Border Crypto Remittance Services in Latin America
Ripple-backed crypto exchange Bitso announced that it will expand its cross-border crypto remittance services in Latin America through a $62 million investment.
Banking on Blockchain: ICBC Releases First-Ever White Paper on Blockchain for the Financial Sector
One of China's major banks, the Industrial and Commercial Bank of China (ICBC) has released its white paper on blockchain-based applications in the financial sector. The document is the first white paper related to blockchain technology in the financial industry. The paper also highlights the present challenges faced by the banking sector.