A “crypto-friendly” country, Portugal, has taken some steps to regulate the local Bitcoin scene. Banco de Portugal, the country’s central bank, has issued operating licenses to two local cryptocurrency exchanges …
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Banking giant BBVA to open Bitcoin trading and custody services in Switzerland
Spanish banking giant BBVA’s swiss entity, BBVA Switzerland, has started offering bitcoin trading and custody services. Announcing the news on Friday, BBVA Switzerland said the services will be available to all of …
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Multi-trillion asset manager State Street to launch digital currency division
Multi-trillion dollar asset manager, State Street Corporation, has become the latest financial institution to announce the launch of a dedicated digital finance division. State Street, the second-oldest continually operating bank …
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UK Starling bank will resume crypto exchange deposits at the end of June
Starling, a United Kingdom-based online bank, is preparing to resume payments to cryptocurrency exchanges after suspending crypto exchange deposits last week. A spokesperson for Starling told Cointelegraph on Tuesday that …
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Central bank of Nigeria does a u-turn on Bitcoin ban and says they now “allow” it
According to local news reports, the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, says he will “allow” the trading of Bitcoin and other cryptocurrencies. In February this year, CBN Director Bello Hassan signed …
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Goldman Sachs-backed UK digital bank to suspend all payments to crypto exchanges
UK-based digital bank Starling has suspended all payments to cryptocurrency exchanges, The Daily Telegraph reports. Concerns about crypto-related financial crime were cited as the reason for the suspension by the upstart …
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Crypto is going to “come to life” in Nigeria, central bank governor says
At a 279th meeting of the Monetary Policy Committee in Abuja, Central Bank of Nigeria Governor Godwin Emefiele expressed confidence that cryptocurrencies like Bitcoin (BTC) will be legal in the …
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Indonesia to launch digital rupiah as online payments rise
Indonesia is planning to launch a digital version of its national currency, central bank Governor Perry Warjiyo said on Tuesday. Fast Facts: Bank Indonesia is currently looking at potential platforms …
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Indonesia is planning to issue a central bank digital currency
Bank Indonesia, the central bank of Indonesia, is planning to issue a digital currency to speed up payments. The central bank is currently assessing which technology to use for its …
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Second largest US bank joins Paxos blockchain stock settlement network
It was announced Monday that Bank of America has joined with Paxos, a blockchain-based settlement network for U.S. equities. BoA becomes the third bank, along with Credit Suisse and Nomura, to try out the Paxos …
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