Upbit, Bithumb Delist Numerous Coins Ahead of South Korean Regulatory Review

The move caused prices for many altcoins to plummet by 50% or more, causing considerable losses among retail investors.

Policy & regulation  ·  24 June 2021

South African Banks Block Crypto Trading on International Exchanges: Report

Customers of Johannesburg-based bank Absa received an error message when attempting to buy crypto on Binance.

News  ·  23 June 2021

Signature Bank Taps Tether Rival TrueUSD for Payments Platform

Signet is a real-time payments platform built on the Ethereum blockchain.

News  ·  18 June 2021

15 Banks Form New Company to Process Letters of Credit in India Using Blockchain Technology

IBBIC's new system will verify data for invoices on goods and services tax, eliminate paperwork and significantly reduce transaction times.

News  ·  16 June 2021

Kenyan Banks Warn Customers About Buying Crypto: Report

NCBA Bank Kenya sent a cautionary email to customers who have transacted in crypto in the past.

News  ·  8 June 2021

UK’s Starling Bank Temporarily Blocks User Payments to Crypto Exchanges: Report

Customers of Barclays and Monzo have also been complaining of difficulty making deposits on exchanges, according to The Telegraph.

Business  ·  31 May 2021

DBS Bank CEO: We Have Twice as Many Engineers as Bankers

Banks and financial regulators should facilitate the tokenization of the financial system, DBS CEO Piyush Gupta said during Consensus 2021.

News  ·  26 May 2021

Egypt’s Largest Bank Joins Ripple Network for Cross-Border Payments

Egypt is in the top five nations globally in terms of remittance flows from ex-pat communities.

Business  ·  19 May 2021

Banks Are Already Cracking Down on Crypto, Indian Traders Say

Indian crypto traders are receiving account closure notes from banks, and exchanges see issues with bank transfers

News  ·  14 May 2021

Citi Considering Crypto Services Amid Surge in Interest: Report

Trading, custody and financing are all said to be under consideration by the U.S. banking giant.

Business  ·  7 May 2021

Nigeria’s Central Bank: We Didn’t Ban Crypto Trading

Deputy Governor Adamu Lamtek said the CBN is not discouraging people from trading in cryptocurrency.

News  ·  22 March 2021

Private Swiss Bank NPB Launches Digital Asset Trading, Custody Services

Clients will be able to trade crypto assets and use a custody service based in Switzerland.

Business  ·  9 March 2021

German Private Bank to Offer Cryptocurrency Services

The private bank is also investigating tokenization of assets, it announced Sunday.

Business  ·  8 March 2021

Colombia’s First Commercial Bank to Pilot Crypto Services

Banco de Bogotá will use the test to explore business models and risks around crypto assets.

Business  ·  4 March 2021

Citi: Bitcoin at ‘Tipping Point’ as Institutions Come on Board

Looking forward, a Citi report suggests bitcoin could "become the currency of choice for international trade."

Markets  ·  1 March 2021