Tag: Bank

Bitcoin Group SE Buys Investment Bank Tremmel for Undisclosed Figure

Bitcoin Group SE Buys Investment Bank Tremmel for Undisclosed Figure Bitcoin Group SE has bought 100 percent shares of investment bank Tremmel for an undisclosed amount. This is the German digital currency exchange operator’s second acquisition in 2018. Bitcoin Group, which holds current assets of $ 40 million, said Tremmel […]

The Daily: Shatner Dives Deep Into Crypto, Bank to Launch Digital Deposit Box

The Daily: Shatner Dives Deep Into Crypto, Bank to Launch Digital Deposit Box In today’s edition of The Daily, we feature a story about William Shatner flaunting his vast crypto knowledge, from Tether to Kitties. Additionally covered are a bank which wants to offer a digital deposit box for exchanges […]

US Excludes Iran’s Central Bank from the Global Financial System

US Excludes Iran’s Central Bank from the Global Financial System The Central Bank of Iran has been cut off from the global monetary system, after the Swift banking network bowed to U.S. pressure. The move leaves Iran’s 81 million citizens financially excluded and facing serious economic consequences, amidst renewed U.S. […]

Another Warning From China’s Central Bank on Cryptocurrency Risks

Another Warning From China’s Central Bank on Cryptocurrency Risks Very few positive stories come out of China with cryptocurrency in the headlines. This one is no different as the central bank has continued with its rhetoric over the risks of dealing with digital currencies. Same Old Story; Crypto Bad, Blockchain […]

Israeli Central Bank to Hold off on Issuing Digital ‘E-Shekel’ Coin

Israeli Central Bank to Hold off on Issuing Digital ‘E-Shekel’ Coin A group under the Bank of Israel has published a report on a proposal to issue a national digital currency. The team, which was set up last November, has identified several potential advantages to the technology, but has advised […]

ECB Shuts Down Maltese Bank Over Schemes to Launder Money and Evade US Sanctions

ECB Shuts Down Maltese Bank Over Schemes to Launder Money and Evade US Sanctions Malta’s Pilatus Bank has been shut down by the European Central Bank (ECB). Its banking license was revoked after its chairman was charged in the U.S. with money laundering and organizing a scheme to evade U.S. […]

Korean Court Rules in Favor of Cryptocurrency Exchange Against Bank

Korean Court Rules in Favor of Cryptocurrency Exchange Against Bank A South Korean district court has ruled that Nonghyup Bank, a major bank in the country, cannot block transactions to the account of cryptocurrency exchange Coinis based solely on the government’s anti-money laundering guidelines. This is reportedly the first time […]

The Daily: Nexo to Pay Interest on Stablecoins, Startups Launch Bank Services

The Daily: Nexo to Pay Interest on Stablecoins, Startups Launch Bank Services In this edition of The Daily, we cover Nexo’s recent decision to pay interest on stablecoin holdings, as well as a project by two Swiss cryptocurrency companies to offer exchange and custodial solutions for financial institutions that handle digital […]

Plastic Bank to Tackle Pollution and Poverty in Indonesia with Crypto

Plastic Bank to Tackle Pollution and Poverty in Indonesia with Crypto SC Johnson, a U.S.-based manufacturer of household cleaning supplies, has partnered with Plastic Bank to help increase recycling rates and tackle poverty in Indonesia. The non-profit uses a cryptocurrency token system to pay people for handing over recyclable plastic in […]