Banks
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AML
Crypto Exchanges Must Register With Financial Watchdog Next June
[ad_1] Cryptocurrency exchanges in Canada will be legally required to register with the Financial Transactions and Reports Analysis Centre of…
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Altcoin
BitMEX CEO Says Facebook Libra Will Make Banks ‘Dumb Nodes’
[ad_1] Facebook’s Libra payment protocol could make central and commercial banks irrelevant, but PayPal has no future anyway, the CEO…
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Banks
As Deutsche Bank Axes 18,000 Jobs, Bitcoin Offers a Powerful ‘Plan ฿’
[ad_1] Deutsche Bank taking an axe to 18,000 jobs and winding down its investment banking arm paints a bleak picture…
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AML
Dutch Ministers Call for Cryptocurrency, Cash Use Regulations
[ad_1] Dutch ministers have urged the government to regulate cryptocurrencies and certain cash payments over money laundering concerns in a…
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AML
Facebook’s Libra May Need Banking License
[ad_1] Bank of France Governor Francois Villeroy de Galhau said that Facebook’s Libra stablecoin must comply with anti-money laundering regulation…
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Adoption
Australian Reserve Bank Official Advises Caution in Anticipation of Libra
[ad_1] Governor of the Reserve Bank of Australia (RBA), Philip Lowe, cautions that Facebook’s announced virtual currency—Libra—may not attain mainstream…
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Banks
Royal Bank of Scotland Onboards Former Circle Exec to Head Fintech Project
[ad_1] The Roybal Bank of Scotland (RBS) has hired a former executive from cryptocurrency finance firm Circle, according to a…
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Adoption
Italy’s Banks to Use Blockchain to Boost Settlements and Improve Transparency
[ad_1] Italian banks will deploy blockchain technology to run reconciliations starting in March 2020, financial technology news outlet Finextra reported…
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Banking
Appetite for Blockchain Tech Builds Among Korean Banks, but Without Crypto
[ad_1] In recent weeks, major South Korean financial institutions have rolled out a number of services incorporating blockchain technology, especially…
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Adoption
Russia’s Largest Bank Confirms It Will Not Develop Crypto-Related Services
[ad_1] The CEO of state-owned Russian bank Sberbank has officially confirmed the institution’s decision to not develop crypto-related services, local…
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