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Chainalysis policy lead Chengyi Ong warned crypto users may eventually have no choice but to deal with offshore unregulated exchanges.

Australia’s Bendigo Bank blocks high-risk payments to crypto exchanges

Australia’s Bendigo Bank has become the fourth major bank in the country to announce blocks for “high-risk crypto payments,” citing the need to protect customers from investmen...

1 year ago

Animoca Brands partners with hi, a Web3 app that features cryptocurrency exchange services, conventional digital banking and customized NFT-styled debit cards.

NFT-styled debit cards the future of Web3 - Animoca founder on $30M hi investment

Animoca Brands co-founder and executive chairman Yat Siu sees significant potential in the personalization of Web3-based services as his firm earmarks $30 million to neobank platform hi. ...

1 year ago

Bond Yields Rise as BOJ Makes Yield Curve Control More Flexible

Bitcoin Steady Above $29K

The BOJ announced a hawkish tweak to its yield curve control (YCC) program, shifting the hard cap on the 10-year Japanese government bond yield to 1% from 0.5%. Bond yields rose after ...

1 year ago

The Bank of Italy announced a partnership with the Ethereum scaling team Polygon

Bank of Italy's Innovation Hub to Work with Polygon and Fireblocks on DeFi Project

The Bank of Italy announced a partnership with the Ethereum scaling team Polygon and crypto infrastructure provider Fireblocks to initiate a pilot program aimed at establishing a regul...

1 year ago

The U.S. central bank has been telegraphing its intent to renew rate hikes for weeks.

Crypto Catalysts: Rate Hike Looms as FOMC Begins Latest Monetary Policy Deliberations

For 16 months, the U.S. Federal Reserve has been long on inflation anxiety and short on interest rate surprises. On Tuesday, the central bank’s Federal Open Market Committee (FOM...

1 year ago

According to court documents, the Boneheads team has been accused of breach of contract, misappropriating funds and misleading investors.

ZachXBT’s research cited in Canadian NFT rug pull class-action lawsuit

The investigative work of independent blockchain sleuth ZachXBT has been cited in a class-action lawsuit in Canada against Boneheads, an alleged $3.1 million nonfungible token (NFT) ru...

1 year ago

A survey conducted by the Bank for International Settlements also found 93% of central banks worldwide were engaged in digital currency work in 2022.

15 Retail CBDCs Likely by 2030, BIS Study Says

Around 15 retail central bank digital currencies (CBDCs) could be in circulation across the world by the end of this decade, according to a survey carried out by the Bank for Internati...

1 year ago

Denmark financial watchdog warns Saxo Bank that crypto trading is unregulated until the European Union’s MiCA policy comes into effect

Denmark orders Saxo Bank to get rid of its crypto — for now

In Denmark, the financial regulator has instructed Saxo Bank to scrap its crypto holdings due to their unregulated status in the country. The Danish Financial Supervisory Authority (FS...

1 year ago

America’s central bank wants people to believe that the banking crisis is over

Could Bank of America Be Next on the U.S. Banking Crisis List?

On July 2, industry-leading commentary on global capital markets, the Kobeissi Letter, posted an update on the Bank of America situation. Banking ...

1 year ago

Bank of Italy is calling for closer regulator scrutiny of stablecoins, which they say “have not proved stable at all.”

Italy’s central bank calls for framework to prevent stablecoin runs

Italy’s top banking authority has called for a “robust, risk-based” regulatory framework for stablecoins, which could help prevent a worst case scenario — a “run&rd...

1 year ago