BBVA Expands Crypto Offerings: USDC Joins Bitcoin and Ether for Swiss Clients
Spanish multinational bank BBVA has announced the addition of USD Coin (USDC) to its crypto offerings for private and institutional clients in Switzerland. This marks...
TD Bank Faces $2.6 Billion Penalty Over Alleged Drug Money Laundering
TD Bank, a major US financial institution, is facing a significant regulatory penalty over allegations of facilitating money laundering for Chinese drug gangs. The bank...
The Future of Banking: Banks Face Multiple Risks When Using Permissionless Blockchains – BIS
Banks that transact on permissionless blockchains face a multitude of risks, including money laundering and terrorism financing, according to a new report by the Basel...
Ripple’s Global Impact – Nium’s Partnership with J.P. Morgan: A Case Study in Cross-Border Payments
Nium, a leading fintech company specializing in cross-border payments, has achieved significant growth and expansion through its partnership with J.P. Morgan Payments. The collaboration has...
Bitcoin Dominates Crypto ETP Inflows as Cardano Shines: $245 Million Invested Last Week
Cryptocurrency investment products continue to attract capital, with another $245 million flowing into the market last week, according to the latest CoinShares report. This brings...
Shocking: Banker Admits to 15-Year Embezzlement Scheme Worth $2.3 Million, Faces 30 Years in Prison
A 36-year-old Missouri banker, Megan Lea Dougherty, has confessed to a 15-year-long fraud scheme that netted her over $2.3 million. Dougherty pleaded guilty to one...
HSBC Australia Cuts Ties with Crypto Exchanges Amid Scam Surge
HSBC Australia has announced it will block customer payments to cryptocurrency exchanges effective July 24. The bank cited a surge in investment scams as the...
Widespread BSOD Issue Caused by CrowdStrike Update Disrupts Businesses Globally (banks, airlines, and broadcasters offline)
Thousands of businesses worldwide are experiencing a major disruption today due to a faulty update from cybersecurity company CrowdStrike. This update is causing a Blue...
UAE Leapfrogs Crypto Regulation: Stablecoin Rules Approved As Digital Dirham Surges Ahead
Is This the Future of Finance? The United Arab Emirates (UAE) is making significant strides in embracing cryptocurrency innovation. In a recent meeting chaired by...
Leading Banks Dive into Tokenization: Chainlink Exec Reveals Real-World Adoption is Already Happening
While the concept of tokenizing real-world assets (RWAs) might seem futuristic, Chainlink Labs' Head of Business Development for Asia-Pacific and the Middle East, Niki Ariyasinghe,...