Hawaiian Bill Would Let Banks Act as Crypto Custodians

Hawaiian lawmakers have submitted a bill that allows banks to provide custody for digital assets......»»

Category: forexSource: coindeskJan 23rd, 2020

Wyoming Bill Would Clear the Way for Crypto Custody at Banks

Wyoming legislators have introduced a bill to classify digital assets as property and provide banks with clarity on crypto custodial services......»»

Category: forexSource: coindeskJan 21st, 2019

Meet in the Middle: Crypto Companies and Banks Are Evolving Together

Kraken’s move to become a bank in Wyoming is more about getting traditional finance to adapt to the crypto industry than the other way around......»»

Category: forexSource: coindeskSep 21st, 2020

Investing legend Bill Gross says there is "little money to be made" in the world as stimulus wanes and lists 3 sectors investors should buy to play defense

Billionaire investor Bill Gross said investors will need to play defense ahead by looking to "shunned sectors" like tobacco and banks. F.....»»

Category: topSource: businessinsiderSep 14th, 2020

Banks Are Toast but Crypto Has Lost Its Soul

In becoming a high-risk, high-yield playground for dollar investors, the cryptocurrency world sold its soul, says our columnist......»»

Category: forexSource: coindeskSep 8th, 2020

Russia’s Crypto Mining Farms Would Have to Report to Government Under Proposed Bill

Russian wants all data centers, including mining farms, to report what they do and how they operate. Local experts say that brings risk......»»

Category: forexSource: coindeskAug 31st, 2020

Blockchain Bites: Bitcoin in Space; Prime Brokerage Race; Nodes You Can’t Trace

The OCC's door is open for banks looking to discuss getting involved in crypto services, a Russian bank issued a token-backed loan and bitcoin has been sent from space......»»

Category: forexSource: coindeskAug 20th, 2020

The OCC’s Crypto Custody Letter Was Years in the Making

The Office of the Comptroller of the Currency has been evaluating the cryptocurrency space for years, well before it publicly announced banks could provide services in the field last month......»»

Category: forexSource: coindeskAug 18th, 2020

Putin Signs Russian Crypto Bill Into Law

Russia's president signed the first of two bills on digital assets into law on Friday......»»

Category: forexSource: coindeskJul 31st, 2020

Blockchain Bites: Ghosn’s Crypto Payments, Russia’s Red Line and Why Banks Won’t Bite

Carlos Ghosn’s smugglers were paid in crypto, cryptographers call out Craig Wright’s latest claims and it's unknown whether banks will custody crypto following the OCC's letter......»»

Category: forexSource: coindeskJul 24th, 2020

Banks Won’t Rush to Hold Crypto – But OCC’s Regulatory Approval Makes It Harder to Ignore

Regulatory approval doesn't mean banks are about to begin providing crypto custody, but it is accelerating a conversation about financial institutions safeguarding bitcoin......»»

Category: forexSource: coindeskJul 24th, 2020

Business group presses lawmakers for action on environmental justice bill

A group of businesses that includes banks, health care providers and an airline wrote to House leaders to urge that lawmakers take up a bill to address environmental injustices before the current session ends......»»

Category: topSource: bizjournalsJul 23rd, 2020

Blockchain Bites: OCC’s Crypto Letter, Eth 2.0’s ‘Official’ Testnet and Dinwiddie’s Tokenized Airball

Visa said crypto is part of "the future of money," members of the U.S. Senate think the dollar should go digital and OCC will allow banks to custody crypto......»»

Category: forexSource: coindeskJul 23rd, 2020

Don’t Expect Banks to Jump on the OCC Crypto Custody News

The OCC's ruling means nationally chartered banks can now custody crypto. But, given relatively low level of institutional interest, don't count on services appearing soon......»»

Category: forexSource: coindeskJul 23rd, 2020

Banks in US Can Now Offer Crypto Custody Services, Regulator Says

U.S. regulators have cleared the way for national banks to provide cryptocurrency custody services on behalf of customers......»»

Category: forexSource: coindeskJul 22nd, 2020

Hawaiian Electric adds new bill payment options due to Covid-19

Hawaiian Electric created several special payment plan options to allow its customers to pay the balance over time instead of it piling up into one bill in September. “We know that many of our customers continue to experience financial strain, .....»»

Category: topSource: bizjournalsJul 21st, 2020

Russia to Treat Crypto as a Taxable Property

Russia changed its draft bill regulating crypto and digital assets. You won’t go to jail for facilitating crypto deals in the country – at least, not just yet......»»

Category: forexSource: coindeskJul 21st, 2020

Hackers compromise Twitter accounts of Elon Musk, Bill Gates, Apple, others in crypto scam

Hackers apparently compromised Twitter Inc. accounts late Wednesday belonging to Tesla Inc.'s Elon Musk, Microsoft Corp. founder Bill Gates, Apple Inc. and oth.....»»

Category: topSource: marketwatchJul 15th, 2020

IRS Violated ‘Taxpayer Bill of Rights’ With 2019 Crypto Letters: Watchdog

Nearly a year after the IRS sent intimidating letters to crypto holders, the agency’s watchdog says the campaign violated its Taxpayer Bill of Rights......»»

Category: forexSource: coindeskJul 14th, 2020

Tata Consultancy Launches Crypto Trading Solution for India’s Financial Firms

India's crypto renaissance continues, with Tata Consultancy unveiling a solution allowing banks and financial institutions to offer digital asset trading......»»

Category: forexSource: coindeskJul 8th, 2020

US Senators Float Bill Requiring Congressional Watchdog to Study Crypto’s Role in Trafficking

Top members of the Senate Banking Committee plan to introduce legislation that would direct the congressional watchdog to study virtual currency’s role in drug and human trafficking......»»

Category: forexSource: coindeskJul 2nd, 2020