Banks
- Policies & Regulations
South Korean Crypto Exchanges to Stow 3 Billion Won in Reserves from September
Starting in September, South Korean cryptocurrency exchanges will be obligated to maintain a minimum of 3 billion won (equivalent to…
Read More » - Crypto Exchanges
Binance Removes Sanctioned Russian Banks from its P2P Platform
Binance, the popular cryptocurrency exchange, recently made significant adjustments to its peer-to-peer (P2P) service in response to both regulatory compliance…
Read More » - Global News
Silvergate CEO and Key Executives to Depart Amid Ongoing Liquidation and Investor Suits
Alan Lane, CEO of Silvergate, will step down from his position as part of the bank’s gradual closure. Lane and…
Read More » - Companies
JPMorgan Embraces Blockchain for Effortless Settlement of US Dollar Forex Trades in India
JPMorgan Chase & Co. has tied up with six Indian banks to introduce a blockchain-based platform to settle interbank dollar…
Read More » - Crypto Exchanges
Binance CEO CZ Dismisses Bank Acquisition as Solution to Crypto Concerns
During an episode of the Bankless Podcast on May 29, CZ, the CEO of Binance, responded to a question posed…
Read More » - MENA News
Standard Chartered and DIFC Join Forces to Offer Digital Asset Custody Services in UAE
Standard Chartered has entered into a memorandum of understanding (MoU) with Dubai International Financial Centre (DIFC) to cooperate on digital…
Read More » - MENA News
Aurora Labs Unveils Aurora Cloud: The Seamless Blockchain Solution for MENA Businesses
Aurora Labs, a well-known blockchain platform that is compatible with the Ethereum Virtual Machine (EVM) on the NEAR Protocol, has…
Read More » - Global News
FDIC Report Cites Poor Management as the Cause of Signature Bank Failure
Signature Bank‘s collapse was attributed to poor management and inadequate risk management practices, according to a post-mortem assessment conducted by…
Read More » - Companies
Crypto Firm DCG Reports Genesis Capital Creditors Backing Out of Restructuring Agreement
Digital Currency Group (DCG) has announced that certain creditors of its bankrupt subsidiary, Genesis Capital, have chosen to abandon the…
Read More » - Global News
Citi India Advances Trade Digitization Efforts with First Successful Blockchain LC Transaction on Contour
Citi India has successfully carried out its initial blockchain-powered Letter of Credit (LC) deal on Contour for Cummins India Limited,…
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