State Bank of India (SBI) has reportedly blocked payments to cryptocurrency exchanges using its Unified Payments Interface (UPI). Payment processors have been told to disable the bank’s UPI for crypto merchants. Payment Processors Instructed to […]
Two major financial services companies, JPMorgan and Wells Fargo, are launching bitcoin funds, according to the filings with the U.S. Securities and Exchange Commission (SEC). JPMorgan’s Bitcoin Fund Global investment bank JPMorgan is launching a […]
The Central Bank of Nigeria (CBN) has threatened punitive sanctions against microfinance banks that violate the conditions of their operating license through the performance of foreign currency-related transactions. In its latest circular, the CBN claims […]
Union Bank of the Philippines (Unionbank) is reportedly gearing up to offer a crypto custody service, which the bank says is in full compliance with the central bank, Bangko Sentral ng Pilipinas (BSP). The offering […]
Citigroup is reportedly awaiting regulatory approval to start offering bitcoin futures trading to its clients. “We are presently considering products such as futures for some of our institutional clients, as these operate under strong regulatory […]
Incore Bank, in partnership with Inacta and Crypto Finance Group, has selected Tezos as their preferred blockchain platform to develop regulatory-compliant digital financial products via a newly developed token standard titled DAR-1. Tezos to Enable […]
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