CEO of major over-the-counter (OTC) crypto exchange OTCBTC and Facebook hackathon winner Yi-Ting Cheng (better known as xdite) has announced that she is running for mayor of the Taiwanese capital city Taipei this year, according to Cheng’s Facebook post on April 14. Cheng is known as a world class developer...
The Bank of Lithuania has reportedly begun looking into cryptocurrencies, initiating a dialogue between commercial banks, government regulators, and crypto traders, local news outlet The Baltic Times reports today, April 15. The central bank had invited representatives from the Financial Ministry, the Financial Crime Investigation Service (FNTT), the banking sector, and...
Top Stories This Week Owner Of New York Stock Exchange Mulls Over Addition Of Crypto Trading The New York Times reported this week that the NYSE might be giving its customers the option to buy and hold Bitcoin, an assertion backed up by documents, emails, and anonymous sources that confirm these...
According to a survey carried out by South Korean central bank the Bank of Korea (BOK), young citizens in their 20s and 30s are not only familiar with cryptocurrencies, but are also willing to invest in them amidst the country’s digital currency frenzy, local news outlet Yonhap reported Tuesday,...
Mike Novogratz hopes to make the Galaxy Digital merchant bank as the “Goldman Sachs of crypto”. Billionaire investors and Bitcoin Bull Mike Novogratz is back in the news once again as the hedge fund manager has successfully managed to raise $250 million for a cryptocurrency merchant bank named Galaxy Digital....
The Bank of England is undertaking a proof-of-concept (PoC) to understand how the renewed Real Time Gross Settlement (RTGS) service could be capable of interacting with Distributed Ledger Technology (DLT), according to the bank’s statement on March 27. Real Time Gross Settlement systems are special payment systems where the transfer...
South Korean regulator the Financial Services Commission (FSC) said it would inspect three domestic banks servicing cryptocurrency exchanges to check compliance April 9. A statement confirms the banks will undergo inspections April 19 - 25, with regulators looking to ensure they are conforming to new anti-anonymity regulations introduced at the...
Major U.S. cryptocurrency exchange and wallet Coinbase spoke to regulators about obtaining a federal banking charter, according to a report by the Wall Street Journal (WSJ) May 18. Citing “a person familiar with the matter”, the WSJ reports that Coinbase spoke to the U.S. Office of the Comptroller of the...
Venezuelan president Nicolás Maduro announced the launch of a Petro-funded crypto bank to support initiatives from youth and students, Latin American government-sponsored news outlet TeleSur reported yesterday, May 3. During а speech for the Chamba Juvenil Plan, a social program that promotes jobs for youth, Maduro also noted the necessity...
Major Russian state-owned bank Gazprombank will be conducting pilot cryptocurrency transactions in Switzerland, local news outlet Vedomosti reported March 29. According to Aleksandr Sobol, the Deputy Chairman of the Board at Gazprombank, Switzerland was chosen due to the more liberal crypto legislation in the country. Sobol said that “some kind of...