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Banks paralyzed by war, cryptocurrency transactions surge in Ukraine

As Ukraine's central bank halted digital remittances after the Ukrainian government declared a state of emergency, cryptocurrency (virtual currency) transactions are booming, CNBC,...
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News

Blocking Russian banks in ‘SWIFT’, what does it mean for the cryptocurrency industry?

Analysis of Crypto Potato, a media specialized in cryptocurrency Cryptopotato, a media specializing in cryptocurrency, analyzed the impact of the 'Russian bank...
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News

China: CBDC makes a low key debut at Winter Olympics, two banks phase out cash

After eight years of guesses, discourse, and conflicting reports, China’s digital yuan CBDC made a rather low-key debut at the 2022 Beijing Winter Olympics...
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News

This is Bank of England’s plan to clamp down on banks’ exposure to crypto-assets

It hasn’t been long since the Basel Committee commented on crypto-regulations by laying down some amendments. As per the same, it assigned a 1,250%...
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News

Which top banks are investing the most in bitcoin and blockchain

Banking giants around the world are increasingly showing interest in emerging crypto and blockchain firms through participating in early and late-stage funding rounds for...
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News

Kwang-soo Kim, Chairman of the Federation of Banks, “Bank Coin Exchange Risk Assessment, Don’t Take Responsibility

Kim Kwang-soo, chairman of the Banking Association, said in relation to the bank's risk assessment of cryptocurrency exchanges, "If we did our best,...
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PR Newswire

Notabene and Elliptic Partner to Provide a FATF-Compliant Solution to Crypto Businesses and Banks

Notabene and Elliptic launch a ready-to-use solution that complies with FATF Recommendations to virtual asset service providers (VASPs) and financial institutions (FIs) VASPs and...
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News

3 banks, 1Q coin exchange fee revenue 6.8 billion Most of K-Bank 5 billion

Banks that have signed real-name authentication account partnerships with cryptocurrency exchanges, such as K-Bank, Shinhan Bank, and Nonghyup Bank, have recorded about 6.8...
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