Bank of Russia instructs local exchanges not to list stocks by crypto-related firms
New stock exchange recommendations from the Bank of Russia do not apply to central bank digital currencies or permitted digital assets issued in Russia, according to the bank. Due to the increasing number of global cryptocurrency companies considering going public, the Russian central bank has publicly advised local exchanges to avoid listing any cryptocurrency-related listings. […]
Cryptocurrency Exchange: BNY Mellon Joins State Street
The Bank of New York Mellon is supporting a new cryptocurrency effort by providing custody services to a new crypto exchange funded by State Street. As shown in an article published on Wednesday by the Financial Times, BNY Mellon has joined a consortium of six banks in support of the launch of Pure Digital, a […]
Woori is Korea’s latest bank to offer crypto custody services
To mitigate regulatory risks, major South Korean banks are forming joint ventures with minuscule stakes in order to provide crypto custody, with Woori being the latest. The group’s banking unit, Woori Financial Group , has become the latest major South Korean financial institution to declare it will introduce digital asset custody services, according to a […]
Bank of America establishes a cryptocurrency research team
Candace Browning, the bank’s head of worldwide research, referred to bitcoin as “one of the fastest growing emerging technology ecosystems.” according to her description. According to reports, a new team at the second-largest bank in the United States will be committed solely to cryptocurrency research and development. According to a report published on Thursday by […]
Banco Azteca is working to be the First Bank in Mexico to Accept Bitcoin – Ricardo Salinas
Mexican Bank, Banco Azteca headed by Ricardo Salinas is moving to be the first bank that will accept Bitcoin in Mexico. The bank owner sees Bitcoin as an asset while considering fiat as fraud. Ricardo Salinas, one of Mexico’s wealthiest men, is a Bitcoin (BTC) bull. His belief that Bitcoin is a legitimate store of […]