Morocco central bank to legalize all cryptocurrencies: Report
Increasingly more countries are preparing crypto regulatory frameworks inspired by Europe’s upcoming MiCA regulations.
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HKMA Alerts Public on Phishing Messages Linked to Livi Bank
Timothy Morano
Oct 29, 2024 10:31…
Swiss Crypto Bank Amina Partners Pyth Network to Provide Accurate Price Feeds
Swiss crypto bank Amina Bank has partnered with Pyth Network to provide more accurate price feeds for users. This collaboration brings Amina Bank closer to its goal of enhancing the user experience and accessibility of Web3 applications.…
Deutsche Bank (DBK) to Process Fiat-Crypto Transactions for Bitpanda in Germany
"Bringing the best parts of the industry together is where we can create real value for people ... From today, we can access a range of Deutsche Bank’s products, unlocking benefits for our team and our users," said Lukas…
Russian Traffic to Global Crypto Exchanges Surges; Central Bank Warns of Western Sanctions Risk
The surge in Russian traffic to global cryptocurrency exchange platforms in the last two quarters has prompted officials to issue a warning about the risk of Western sanctions. According to a central bank study, Russian traffic to some of…
Bank of Russia Supports Cryptocurrency Usage for International Settlements
The Bank of Russia has announced that it will support accelerating the adoption of cryptocurrency payments for international settlements. According to Elvira Nabiullina, governor of the Bank of Russia, these crypto-based payments must be…
Hong Kong’s ZA Bank to Offer Custody Accounts for Stablecoin Issuers
ZA Bank, a virtual bank in Hong Kong, will offer cash custody accounts for institutions that want to issue stablecoins. The organization is in talks with several parties seeking to issue their stablecoins, and this service would be…
Singapore Central Bank Enacts Licencing Requirements for Crypto Custody Services and Others
The legislation was passed in 2021 with amendments to the Payment Services Act (PS Act), the framework to regulate payment service providers. It was supposed to be enacted in the fourth quarter of 2021, but the MAS made the changes live…
Bank of Russia Detected Over 5,700 Pyramid Schemes in 2023
The Bank of Russia reported that the number of pyramid schemes and illegal lending providers in Russia rose to over 5,700 in 2023, an increase of 15.5% over the number detected in 2022. Specifically, the number of pyramid schemes detected…
Turkey Names Blockchain Expert to Central Bank Committee
The Monetary Policy Committee of the Central Bank of the Republic of Turkey has named Professor Fatma Ozkul, a prominent specialist in blockchain technology and crypto assets, to the position. This appointment was made by President Recep…