Tag: Banks

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Canada’s Bank of Montreal Expands Ban on Crypto Purchases Made Via Interac Cards

Due to extremely high volatility shown by the crypto markets, banking institutions across the globe are freezing customer’s debit and credit cards or other...

China Plans to Launch Its Own Cryptocurrency to Protect Yuan Against the Latest Crypto Onslaught

China seems to further doubling down on its efforts to ban cryptocurrencies or any related activity in the country. Deputy Governor of the People’s...

Bank of England to Test Distributed Ledger Technology (DLT) for a New Payment system

Although financial banking institutions have criticized cryptocurrencies for long, they have always supported the underpinning blockchain technology that facilitates users with instant global payments...

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Stablecoin Issuers Replace 40% of China’s Lost US Treasury Demand

As foreign official holdings retreat, crypto firms are identified...

SBI Proposes Stablecoin QR Payments for Japan-Korea Travel

SBI DigiTrust, alongside NICE Information & Telecommunication and DSRV,...

SEC Targets Custody Hurdle for Advisers Providing Crypto Services

Certain crypto assets have remained off-limits for some clients...

HSBC Redcoin to Launch With Transfers and Payments in Hong Kong

Person-to-person transfers and merchant payments will be prioritized initially...

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