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Welcome at World Crypto Global. This portal is packed with useful content and resources to built out your own crypto skills. WorldCrypto is a site member of Gabriel Vega Network.
Ripple is transforming the payment process for cryptocurrency companies and providing them with quicker and easier methods of transferring money across borders. While blockchain technology advances, traditional financial systems cannot match the speed and this creates challenges for firms that engage in digital assets. Ripples new payment solution solves these challenges through the use of […]
The Federal Reserve issued a cease and desist order to United Texas Bank (UTB) on Aug. 29, directing it to stop offering crypto services. The order follows an examination concluded by the Federal Reserve Bank of Dallas and the Texas Department of Banking in May 2023, which identified alleged deficiencies in the bank’s corporate governance, […]
The post Fed orders United Texas Bank to halt crypto services over AML concerns appeared first on CryptoSlate.
Mastercard partners with Mercuryo to launch a euro-denominated crypto debit card, enabling users to spend crypto from self-custodial wallets at over 100 million merchants.
Switzerland’s fourth-largest bank, Zürcher Kantonalbank (ZKB), has introduced trading and secure storage for major digital assets, including Bitcoin and Ethereum, according to a Sept. 4 announcement. According to the bank, its customers can now trade BTC and ETH around the clock through its existing ZKB eBanking or ZKB Mobile Banking. It added that this was […]
The post Major Swiss bank ZKB launches 24/7 Bitcoin and Ethereum trading appeared first on CryptoSlate.
The US is in danger of being left behind by more progressive jurisdictions in Asia, Europe and elsewhere.
BNY Mellon is taking significant steps toward entering the crypto custody market, particularly for Bitcoin and Ethereum exchange-traded funds (ETFs), after securing an exemption from the SEC, Bloomberg News reported on Sept. 24. According to the report, BNY Mellon received an exemption from the SEC’s Staff Accounting Bulletin 121 (SAB 121) during a review by […]
The post TradFi giant BNY Mellon secures regulatory exemption for crypto ETF custody services appeared first on CryptoSlate.
Swiss crypto banking group Sygnum told CryptoSlate that it has secured a crypto license in Liechtenstein via its local subsidiary. According to a Sept. 23 statement, the firm said its Liechtenstein subsidiary Sygnum Europe AG had been registered with the country’s Financial Market Authority (FMA) as a service provider under the Token and Trusted Technology […]
The post Swiss crypto bank Sygnum secures license in Liechtenstein for EU expansion appeared first on CryptoSlate.
Social media users have been reporting a glitch with Chase Bank ATMs, allowing them to withdraw large sums without sufficient funds.
Hong Kongs government plans to regulate AI in finance by issuing policies at the upcoming FinTech Week.
UK regulators have approved only four out of 35 crypto business registrations in the last 12 months, deterring others from engaging with the process.
In today's news recap, find out when the BSP will allow new digital bank applicants in the Philippines.
The crypto-friendly banks activities during the 2023 banking crisis will also be examined.
Xapo Bank, a Bitcoin-focused institution, has announced its expansion into the United Kingdom, according to an Aug. 5 statement shared with CryptoSlate. The firm stated that the move makes it the first licensed bank in the UK to offer a combined interest-bearing account for fiat and Bitcoin. The expansion follows the successful transfer of Xapo’s […]
The post Xapo Bank to offer 1% yield on Bitcoin in UK appeared first on CryptoSlate.
The Hong Kong Monetary Authority (HKMA) has released the conclusions of its public consultation on the three-tier banking system, proposing a transition to a two-tier system. (Read More)
Xapo Bank enters the UK market and becomes the first in the country to launch interest-bearing Bitcoin and fiat banking accounts.
The Hong Kong Monetary Authority (HKMA) and The Hong Kong Association of Banks (HKAB) have formed a joint taskforce to enhance SME lending support. (Read More)
Institutional crypto custodians like Coinbase offer competing rewards programs.
The HKMA has introduced new principles for using generative AI, emphasizing governance, transparency and data protection in consumer-facing applications.
The HKMA warns the public about fraudulent websites and internet banking login screens mimicking Dah Sing Bank, urging vigilance and caution. (Read More)
In July 2024, Circle became the first stablecoin issuer to comply with the European Unions Markets in Crypto-Assets regulatory framework.
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