by Александр Пирогов | Mar 15, 2023 | Blog News
National Australia Bank (NAB) has claimed the first-ever cross-border stablecoin transfer by a major financial institution on a layer 1 public blockchain. NAB’s fully backed AUDN stablecoin, pegged to the Australian dollar, was used for the intrabank transfer. The...
by Александр Пирогов | Mar 15, 2023 | Blog News
Crypto exchange Binance will reportedly suspend sterling deposits and withdrawals after being informed by its partner Paysafe that the service will be halted from 22 May. The move will affect all Binance customers, and sterling transfers for new users have already...
by Александр Пирогов | Mar 14, 2023 | Blog News
South Korea’s Ministry of Science and ICT has invested 24 billion Korean won (US$18.1 million) in a fund aimed at driving metaverse initiatives in the country. The fund will support mergers and acquisitions of companies in the metaverse ecosystem and assist...
by Александр Пирогов | Mar 14, 2023 | Blog News
Signature Bank, a crypto-friendly bank based in New York, has been closed down and taken over by the New York Department of Financial Services (NYDFS). The NYDFS has appointed the US Federal Deposit Insurance Corporation (FDIC) to handle the insurance process. The...
by Александр Пирогов | Mar 14, 2023 | Blog News
Bitcoin surged by 5.3% to reach US$21,582, the highest gain in almost a month after the US Federal Reserve announced measures to protect depositors’ money and provide easier terms for short-term loans to help cash-strapped banks. The move came after the collapse...
by Александр Пирогов | Mar 14, 2023 | Blog News
Bank messaging platform, SWIFT announced positive results from a pilot test of linking different central bank digital currencies (CBDCs) on 9 March. The 12-week testing period saw the simulation of almost 5,000 transactions between two blockchain networks and existing...
FINMA Updates on Licensing Status for Portfolio Managers and Trustees in Switzerland
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