Leading Japanese Financial Firm SBI Holdings Rolls Out Crypto Lending Services

The Monetary Authority of Singapore (MAS), the city-state's central bank, is working to ensure cryptocurrency startups receive domestic banking services as part of the country's efforts to boost fintech development. In an interview with Bloomberg on Tuesday, Ravi Menon, the institution's managing director, said the central bank is trying to "bring the banks and cryptocurrency…

news The price of bitcoin, the world’s largest cryptocurrency by market capitalization, shot up seven percent within 30 minutes on Tuesday to reach its highest point in four months. CoinDesk data shows bitcoin’s (BTC) price spiked Tuesday at 04:32 UTC to $4,715, accompanied by a large injection of daily bullish volume to close out the…

Dec 1, 2020 at 6:15 p.m. UTCHackers Using Monero Mining Malware as Decoy, Warns MicrosoftCrypto-jacking is giving nation-state hackers a decoy for their more malicious attacks, warned Microsoft in a Monday report. The company’s intelligence team said a group called BISMUTH hit government targets in France and Vietnam with relatively conspicuous Monero mining trojans this…

More than 40 financial firms will join central bank group the Bank for International Settlements to explore how tokenization can enhance wholesale cross-border payments in Project Agorá. The group will look into combining wholesale central bank money with tokenized commercial bank deposits, the BIS announced. More than 40 financial firms will join the Bank for

news Like so many other crypto thinkers, Nisa Amoils feels Facebook’s Libra is a 100-ton payments elephant in the middle of the crypto space. However, it isn’t changing the way she invests. “It doesn’t really change my thesis,” she said. “It only really changes a thesis if your focus pretty much on investing in payments because…

A strategic U.S. stockpile of bitcoin is now among presidential candidate Donald Trump's campaign promises, and Sen. Cynthia Lummis is currently working on a bill to do it. The effort remains short on details, so far, and its near-term chances in Congress would likely be limited. Former President Donald Trump, a sitting U.S. senator and

The Fed faces split rate cut expectations as markets price in 50% probability for both 25 bps and 50 bps move this Wednesday. Bitcoin has pulled back from above $60,000 amid rate cut uncertainty. The coming week is shaping up to be that rare one when markets are left guessing about the Federal Reserve's impending

news The government of Catalonia has announced it will develop a decentralized identity platform aimed to give citizens control of their own data when interacting with online services. According to a press release on Monday, the IdentiCAT project was announced today by Jordi Puigneró, minister of Digital Policy and Public Administration, as part of the ministry’s primary…

The National Bank of Kazakhstan on Wednesday kicked off a central bank digital currency (CBDC) pilot, with one official marking the occasion by making the first retail payment using the digital tenge.The central bank conducted the first issue of the digital tenge on a platform launched in "pilot mode," but with real users in the