Japans major banks back new stablecoin project for global trade

Project Pax, backed by Japans top banks, seeks to streamline cross-border transactions using stablecoins, addressing inefficiencies identified by the G20.

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Fed orders United Texas Bank to halt crypto services over AML concerns

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.

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HKMA Alerts Public to Fraudulent Social Media Page Linked to Bank of Singapore

The HKMA has issued a warning about a fraudulent social media page impersonating Bank of Singapore Limited, urging the public to be vigilant. (Read More)

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Mastercard enables non-custodial crypto spending in new partnership

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.

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Major Swiss bank ZKB launches 24/7 Bitcoin and Ethereum trading

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.

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Switzerlands 4th largest bank ZKB launches Bitcoin and Ethereum trading

Zürcher Kantonalbank (ZKB) now offers Bitcoin and Ethereum trading via ZKB eBanking and Mobile Banking. The bank has partnered with Crypto Finance AG and will use Fireblocks for secure custody. The services are available only to Swiss residents with the necessary agreements signed. Zurich Cantonal Bank, Switzerland’s fourth-largest bank locally known as Zürcher Kantonalbank (ZKB), […]

The post Switzerland’s 4th largest bank ZKB launches Bitcoin and Ethereum trading appeared first on CoinJournal.

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Major Swiss bank ZKB launches Bitcoin and Ether trading

Zurich Cantonal Bank will take on the function of securely storing the private keys for its customers, according to exec Alexandra Scriba. 

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Switzerland's Fourth Largest Bank ZKB Launches Bitcoin Trading

Switzerland's fourth largest bank, Zürcher Kantonalbank (ZKB), has launched Bitcoin and crypto trading and custody services amid the country's open regulatory environment.

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Kasikornbank launches first licensed Thai digital asset custodian

The new custody service will be just the latest in the bank's new digital asset and AI activities.

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FTX Token spikes 70% amid looming bankruptcy distributions

The native token of the bankrupt crypto exchange FTX has seen sharp bullish action amid looming bankruptcy distributions.

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Terraform Labs moves $62.81M in BTC amid final wind-down steps

On-chain data shows that a crypto wallet linked to the bankrupt Terraform Labs moved 1,075 BTC, valued at approximately $62.81 million, to a new address (bc1q5) on Sept. 2. While the firm has yet to comment publicly on the transfer, market analysts note that it aligns with Terraform Labs’ plan to wind down operations following […]

The post Terraform Labs moves $62.81M in BTC amid final wind-down steps appeared first on CryptoSlate.

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Bitcoin monthly close, fresh bullish narratives lead BTC traders to aim for new price highs

Bitcoins monthly close could reverse a 6-month-long downtrend and signal traders intent to push BTC price to new highs. 

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No, FTX distribution payments do not begin on September 30

According to the FTX bankruptcy estate, total claims from injured parties top $11 billion, as a court hearing to confirm the plan looms. 

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6 things the US needs to stay competitive in crypto, according to execs

The US is in danger of being left behind by more progressive jurisdictions in Asia, Europe and elsewhere.

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FTX creditors only getting '10-25% of their crypto back' creditor

Following the collapse of the FTX exchange, the FTT token collapsed by more than 80% and wiped away over $2 billion in customer value. 

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FTX creditors only getting 10-25% of their crypto back Creditor

Following the collapse of the FTX exchange, the FTT token collapsed by more than 80% and wiped away over $2 billion in customer value. 

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HKMA Issues Alert on Fraudulent Website Linked to Bank of China (Hong Kong)

The Hong Kong Monetary Authority alerts the public about a fraudulent website linked to Bank of China (Hong Kong) Limited. (Read More)

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Bolivia reports 100% rise in virtual asset trading since lifting Bitcoin ban

The rise came immediately after Bolivias central bank lifted a 42-month ban on cryptocurrency payments, allowing financial entities to conduct transactions with digital assets.

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Terraform Labs may close products, services in bankruptcy wind-down

Get it before Oct. 30, Terraform Labs tells the third parties it is discussion its wind-down with.

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HKMA Alerts Public of Fraudulent Website and Social Media Page Impersonating Dah Sing Bank

The Hong Kong Monetary Authority alerts the public about fraudulent websites and social media pages impersonating Dah Sing Bank. Public urged to remain vigilant. (Read More)

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