Tag: Bank

Restrictions Worldwide Show Why It’s Vital to Be Your Own Bank

Restrictions Worldwide Show Why It’s Vital to Be Your Own Bank As capital controls and banking restrictions continue to affect various populations worldwide, standing in the way of individuals and their hard-earned savings, some are looking to safer options and even cryptocurrencies. Lebanon, Zimbabwe, and India are just a few […]

Royal Bank of Canada Patents Point to Crypto Exchange Launch

Royal Bank of Canada Patents Point to Crypto Exchange Launch The largest bank in Canada by market capitalization, Royal Bank of Canada (RBC), is reportedly opening a cryptocurrency exchange. Patents have been discovered that reveal some of the technology the RBC may implement, which could be used to bring digital […]

Swiss Crypto Bank SEBA Launches With Range of Services

Swiss Crypto Bank SEBA Launches With Range of Services SEBA Bank is now fully operational with a range of services to bridge the gap between the crypto world and traditional banking. Licensed in Switzerland, the bank’s crypto services include asset management, trading, custody, and financing. Its wallet app, e-banking, and […]

Danske Bank Caught Using Gold Bullion to Launder Illicit Funds

Danske Bank Caught Using Gold Bullion to Launder Illicit Funds The Danish financial institution Danske Bank has been embroiled in a massive money-laundering scandal associated with an Estonian branch that allegedly laundered $ 223 billion in an eight-year period. According to documents uncovered this week stemming from 2012, Danske Bank’s […]

Crypto-Friendly Silvergate Bank IPO Debuts on NYSE

Crypto-Friendly Silvergate Bank IPO Debuts on NYSE The U.S. Securities and Exchange Commission (SEC) has declared the IPO of pro-crypto Silvergate Bank effective. Its shares started trading on the New York Stock Exchange on Thursday. The crypto-friendly bank works with 756 customers in the crypto space, including Coinbase, Gemini, Circle, […]

Central Bank Blockchains and Corporate Ledgers Are Still Vaporware

Central Bank Blockchains and Corporate Ledgers Are Still Vaporware There’s been a resurgence of blockchain discussion this year, especially after China’s President Xi Jinping lauded blockchain and told Chinese citizens the country needs to accelerate distributed ledger technology development. Despite the lack of producing anything worthwhile, for some odd reason […]