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Ripple-Backed BBVA Bank to Launch Cryptocurrency Trading in 2021
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Ripple-Backed BBVA Bank to Launch Cryptocurrency Trading in 2021

BBVA, Spain’s second-largest bank, announced its plans to introduce cryptocurrency trading and custodial services in early 2021.

First Private Bank Joins Turkish Digital Asset Blockchain Network
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First Private Bank Joins Turkish Digital Asset Blockchain Network

Garanti BBVA, the second-largest private bank in Turkey with $104 billion of consolidated assets has confirmed that it will be the first and only private bank joining the Turkish Digital Asset Blockchain Network.

BBVA Adds Ethereum Trading Services for Private Clients
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BBVA Adds Ethereum Trading Services for Private Clients

The Switzerland franchise of Spanish banking giant BBVA has added Ethereum trading and custody to its digital currency investment portfolio.

BBVA’s Switzerland Launches Cryptocurrency Wallet Integration Feature with Digital Investment Account
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BBVA’s Switzerland Launches Cryptocurrency Wallet Integration Feature with Digital Investment Account

BBVA has developed its crypto trading services with a new investment account. The bank has developed its mobile bank app that allows its clients in European union countries and several markets in South America to connect their cryptocurrency wallets to their digital investment accounts.

Spain Bank BBVA Launches Bitcoin Trading Service in Switzerland
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Spain Bank BBVA Launches Bitcoin Trading Service in Switzerland

Spanish bank BBVA launches a new Bitcoin trading service for its customers based in Switzerland.

Argentina Orders Stricter Monitoring on Local Crypto Transactions Amid Battling the Flight of Devalued Pesos
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Argentina Orders Stricter Monitoring on Local Crypto Transactions Amid Battling the Flight of Devalued Pesos

Argentina’s Financial Information Unit (FIU) has ordered stricter controls and monitoring into cryptocurrency transactions in the country to eradicate money laundering and other illicit activities. Argentine newspaper El Cronista reported that the FIU, a government agency that is responsible for enforcing anti-money laundering laws and compliance, is looking to tighten its controls on cryptocurrency trading.

Ripple Welcomes Former JPMorgan Chase Chief Regulatory Affairs Officer to its Board of Directors
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Ripple Welcomes Former JPMorgan Chase Chief Regulatory Affairs Officer to its Board of Directors

Ripple has been expanding its network and recently, the blockchain firm has made yet another move to bring its company growth to another level.

Argentina’s Central Bank Set to Prove Non-Crypto Use Cases of Blockchain Technology with its New Clearing System
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Argentina’s Central Bank Set to Prove Non-Crypto Use Cases of Blockchain Technology with its New Clearing System

The Central Bank of Argentina (BCRA) is now looking to test a blockchain-based clearing system to be used by the country’s major financial institutions. The aim of the blockchain clearing system is to provide efficiencies for fiat payments and enable them to be more reliable and to provide end-to-end traceability.

US FinCEN Files Show Deutsche Bank Tops List of Suspicious Transactions, So Cut Bitcoin Some Slack
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US FinCEN Files Show Deutsche Bank Tops List of Suspicious Transactions, So Cut Bitcoin Some Slack

German central bank, Deutsche Bundesbank appears to have facilitated over one trillion dollars of suspicious transactions flagged by US FinCEN.

R3 and Asian Central Banks Join Forces to Unravel Central Bank Digital Currencies
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R3 and Asian Central Banks Join Forces to Unravel Central Bank Digital Currencies

Blockchain.News spoke with Carl Wegner, the Head of Asia Pacific at R3, who has been with the company for over three years, with a major focus on developing business and partnership opportunities for the consortium. Having been in the trade finance industry for over 30 years, Wegner feels that it is an incredible opportunity for blockchain to help streamline processes.   

G7 Bank Sector Higher Money Laundering Risk than Crypto Industry, Reports Mexico Financial Intelligence
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G7 Bank Sector Higher Money Laundering Risk than Crypto Industry, Reports Mexico Financial Intelligence

According to a report released by the Financial Intelligence Unit of Mexico, the G7 banking sector was most at risk of money laundering operations.

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