crypto services

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Trade Republic, Crypto.com Register as Cryptocurrency Operators in Italy

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German investment platform Trade Republic and digital asset exchange Crypto.com have registered as crypto service providers in Italy. Since February, the financial authorities in Rome maintain a registry for all cryptocurrency platforms permanently operating in the country. More Companies Register as Providers of Crypto Services in Italy Germany-based investment platform Trade Republic and Singapore-headquartered digital … Read more

Australia’s Commonwealth Bank Lets Customers Trade Crypto Directly Through Its App

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The Commonwealth Bank of Australia (CBA), the country’s biggest bank, is providing customers with the ability to buy, sell, and hold crypto assets directly through its app. The bank has partnered with crypto exchange Gemini and blockchain analytics firm Chainalysis to provide crypto services. Commonwealth Bank Begins Offering Crypto Services Commonwealth Bank (CBA), also known … Read more

Ukrainians to Trade and Spend Cryptocurrencies Legally, Digital Ministry Says

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Residents of Ukraine will be able to legally keep, exchange, and spend cryptocurrencies once the new virtual assets law is adopted. The legislation will comprehensively regulate the crypto space, possibly lower taxes for Ukrainians and create conditions for new services, a government official revealed. New Regulations to Create Market for Crypto Services for Ukrainians Ukrainians … Read more

Survey Shows 40% of US Crypto Owners Forget Their Password, 20% Write Passwords on Paper

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According to a recent study on crypto asset storage and passwords, a survey that polled over 1,000 digital currency owners shows 39.7% have forgotten their passwords. The study produced by cryptovantage.com indicates that users unable to recover their passwords lost an average of $2,134. Survey Polls 1,000 US Crypto Owners, Respondents Invest $7,245 on Average … Read more

Bank of Russia Tests Services Related to Cryptocurrencies

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Russia’s central bank has examined three platforms offering crypto-related services. The projects have been tested in its regulatory sandbox in the course of 2020. Bank of Russia has received dozens of requests to pilot various financial services since it created the closed regulatory environment around three years ago. CBR Pilots 3 Crypto Projects in 2020 … Read more

Major South Korean Bank BNK Busan Plans to Offer Banking Services to Domestic Crypto Exchanges

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The South Korean crypto frenzy among the banking industry remains on fire, as another major bank is treading waters to offer banking services for crypto exchanges. The BNK Busan Bank launched a program that consists of visiting competitors’ banks that already offer it. BNK Busan Is Visting Its Competitors to Conduct the Research According to … Read more

SBI’s Acquisition of Crypto Firm Helps the Asian Giant Create Full-Fledged Digital Asset Trading Desk

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Japanese financial group SBI Financial Services has announced the acquisition of the United Kingdom-based crypto services firm B2c2 for an undisclosed amount. The purchase helps the Asian financial giant to become one of the mainstream financial institutions to have a full-fledged digital asset trading desk. A New Opportunity In a report, the two companies laud … Read more

Government-Owned Swiss Bank Launching Crypto Trading and Custody Services

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Basler Kantonalbank (BKB), Switzerland’s eighth-largest bank, is getting into crypto through its subsidiary, Bank Cler. Owned by the Swiss Canton of Basel-City, BKB has total assets of approximately $49 billion. Swiss Canton Bank Launching Crypto Services Local Swiss government-owned commercial bank BKB will be offering cryptocurrency services through Bank Cler, the bank told Citywire Switzerland … Read more

Major South Korean Bank Prepares to Launch Crypto Services as Government Green-Lights Regulation

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Following the approval of a regulatory framework for cryptocurrencies by the South Korean government, one of the largest banks in the country is preparing to launch a range of crypto services. KB Kookmin Bank has applied for trademark registration, reportedly listing over 20 crypto services on its application. Also read: 2x Bitcoin — Wanna Double … Read more

A Better Alternative to Banking – Club Swan

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The crypto community has had a rough relationship with traditional financial institutions with limited solutions available. Around the world, both early and recent crypto users have had bank accounts closed, transactions rejected, unnecessary delays in receiving their funds, or worse. To add to this dilemma, the availability of trustworthy and regulated solutions where both your … Read more