Scammers prefer banking customers over crypto investors in Ireland: Report
To date, Irish authorities managed to recover approximately 4 million euro of the 20 million euro that were lost in banking scams since January 2023. Go to Source
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Hata receives in-principle approval to be fifth Malaysian digital exchange
The new exchange was founded by an executive from Malaysian market leader Luno. It will target investors, businesses, and high-net-worth individuals. Go to Source
Basel Committee to consider disclosure requirements for banks’ crypto assets
The committee already imposes a limit on crypto holdings in bank reserves, but the concentration of crypto in a small number of banks contributed to the March crisis, it said. Go to Source
Web3’s Swiss Army knife of personal finance Changex joins Cointelegraph Accelerator
Changex combines crypto trading and lending with traditional banking features that also include an upcoming Visa debit card. Go to Source
SEBA Bank secures in-principle nod for crypto services in Hong Kong
SEBA Hong Kong’s approval joins a flurry of regulated crypto activity that’s taken place over the past month. Go to Source
US bank reveals $170M in crypto holdings: Q2 earnings report
Sofi started offering crypto services even before it became a bank and its banking license might change the way it hodl crypto. Go to Source
Kansas Heartland Tri-State Bank closed by FDIC as banking crisis deepens
Heartland Tri-State Bank of Elkhart was closed on July 29, with the Federal Deposit Insurance Corporation (FDIC) taking control. Go to Source Powered by WPeMatico
Existential threat? Why some banks are anxious about CBDCs
The prospect of a retail CBDC has some major banks anxious over their revenue streams. Go to Source Powered by WPeMatico
Russian CBDC by 2025? What’s happening with the digital ruble
2025–2027 might still seem far away, but the Central Bank of Russia is preparing its CBDC for mass adoption by then. Go to Source Powered by WPeMatico
A new age in investing: The transformative power of asset tokenization
From real estate to franchising, and from renewable energy to Hollywood, tokenization has the potential to transform the way we do business. Go to Source Powered by WPeMatico
