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Tag: Banks

Korean banks will need to classify crypto exchange clients as ‘high risk’

June 14, 2021 wp-bot Cointelegraph

A further tightening of cryptocurrency regulation in South Korea is underway, with new rules for banks and crypto exchange operators.

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Stablecoins not that radical, says Bank of England official

June 10, 2021 wp-bot Cointelegraph

The Bank of England’s executive director of the Financial Market Infrastructure Directorate says that stablecoins are hardly “launching us off into some brave new world.”

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‘All Banks Go Fintech’: Hong Kong Unveils ‘Fintech 2025’ Strategy

June 10, 2021 wp-bot Bitcoin News

The Hong Kong Monetary Authority (HKMA) plans to guide local banks towards full adoption of fintech technologies, a new strategy reveals. The region’s central banking

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Berkshire Hathaway invests $500M in Brazilian digital bank

June 8, 2021 wp-bot Cointelegraph

Though its billionaire owner has personally spoken out against digital assets many times, Berkshire Hathaway’s investment may indicate the firm is more open to the

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Scammers Pick Bank Transfers Over Cryptocurrency, Australian Report Reveals

June 8, 2021 wp-bot Bitcoin News

Investment scams have been by far the most common type in Australia recently, a new report by the country’s consumer watchdog has revealed. And while

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Global banking regulator plans to hold consultation on crypto exposure

June 7, 2021 wp-bot Cointelegraph

The group has previously warned of “financial stability concerns” and risks faced by banks when it comes to cryptocurrencies.

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Blockchain
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