カテゴリー: banking license

ECB Shuts Down Maltese Bank Over Schemes to Launder Money and Evade US Sanctions

ECB Shuts Down Maltese Bank Over Schemes to Launder Money and Avoid US SanctionsMalta’s Pilatus Bank has been shut down by the European Central Bank (ECB). Its banking license was revoked after its chairman was charged in the U.S. with money laundering and organizing a scheme to evade U.S. sanctions. The bank had also been accused by a murdered journalist of processing corrupt payments. EU authorities now want new […]

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Japanese Regulator: Stablecoins Are Not Cryptocurrencies Under Current Law

Japanese Regulator: Stablecoins Are Not Cryptocurrencies Under Current LawJapan’s top financial regulator, the Financial Services Agency, has exclusively explained to news.Bitcoin.com how stablecoins are treated under current Japanese law. In addition to emphasizing that they are not virtual currencies, the regulator clarified the registration requirements for their issuers and dealers. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Not Virtual Currencies Japan’s […]

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Japanese Regulator: Stablecoins Are Not Cryptocurrencies Under Current Law

Japanese Regulator: Stablecoins Are Not Cryptocurrencies Under Current LawJapan’s top financial regulator, the Financial Services Agency, has exclusively explained to news.Bitcoin.com how stablecoins are treated under current Japanese law. In addition to emphasizing that they are not virtual currencies, the regulator clarified the registration requirements for their issuers and dealers. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Not Virtual Currencies Japan’s […]

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Swiss Banks Are Onboarding Crypto Clients and Assets

Another Swiss private bank has announced in a statement that it’s open to accept assets that were generated with cryptocurrencies. Maerki Baumann private bank in Zurich is open to accepting assets that were generated with cryptocurrencies, “under the condition that strict regulatory and legal requirements are fully complied with,” Managing Director Stephan Zwahlen told news.Bitcoin.com. Also […]

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Swiss Banks Are Onboarding Crypto Clients and Assets

Another Swiss private bank has announced in a statement that it’s open to accept assets that were generated with cryptocurrencies. Maerki Baumann private bank in Zurich is open to accepting assets that were generated with cryptocurrencies, “under the condition that strict regulatory and legal requirements are fully complied with,” Managing Director Stephan Zwahlen told news.Bitcoin.com. Also […]

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Bitcoin in Brief Saturday: Warren Warned By Billboards, Coinbase Tempted by Banking

Bitcoin in Brief Saturday: Warren Warned By Billboards, Coinbase Tempted by BankingIn Bitcoin in Brief today, billionaire Warren Buffett has been reminded that he was wrong about Google and Amazon, and told he might be wrong about bitcoin, too. Billboards have appeared outside his office to convey the message of the crypto community. Also, a report suggests that the US cryptocurrency exchange Coinbase may apply for […]

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