Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $3,621,291,658,115.16
  • 24h Vol: $479,435,180,245.96
  • BTC Dominance: 53.07%

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almost-50-russian-banks-accept-yuan-deposits-amid-low-demand-for-dollar-accounts

Almost 50 Russian Banks Accept Yuan Deposits Amid Low Demand for Dollar Accounts

Leave a Comment / accounts, bank accounts, bank deposits, banks, Bitcoin, Chinese Yuan, Crypto Hacked, Cryptocurrency, deposits, Dollar, Ethereum, Euro, Finance, ruble, Russia, russian, Savings, US Dollar, Yuan / / / , , , , , , , , , , , , , ,

A growing number of banking institutions in Russia are offering customers the option to save in Chinese yuan. The trend coincides with declining demand for U.S. dollar and euro deposits amid currency restrictions that triggered a flight of funds to bank accounts abroad. Demand for Dollar, Euro Accounts Expected to Drop Further, Requests for Yuan […]

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hong-kong’s-largest-virtual-bank-offers-crypto-conversion-services

Hong Kong’s Largest Virtual Bank Offers Crypto Conversion Services

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ZA Bank, Hong Kong’s biggest virtual-only lender, intends to expand its business into the region’s growing digital assets sector. The banking platform will offer crypto-to-fiat conversions and account services as the Chinese financial center is seeking to embrace the industry. ZA Bank to Provide Services to Crypto Exchanges Licensed in Hong Kong Hong Kong’s first

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russian-law-enforcement-prepares-to-seize-crypto-assets,-seeks-permission-to-set-up-wallets

Russian Law Enforcement Prepares to Seize Crypto Assets, Seeks Permission to Set Up Wallets

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Russian investigators are pressing the parliament and government in Moscow for permission to open their own cryptocurrency wallets. This would allow law enforcement agencies to seize digital assets during criminal cases and eventually sell them, something that authorities in the United States and Europe already do. Russian Prosecutors Lobby for Powers to Confiscate and Auction

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law-firm’s-white-paper-claims-us-bank-regulators-are-waging-a-‘clandestine-financial-war’-against-crypto-businesses

Law Firm’s White Paper Claims US Bank Regulators Are Waging a ‘Clandestine Financial War’ Against Crypto Businesses

Leave a Comment / Access to crypto, accounts, anti-commandeering doctrine, bank examiners, Banking, Barney Frank, Biden Administration, Bitcoin, Compliance, constitutional protections, Cooper & Kirk, Crypto Hacked, crypto industry, Crypto Proponents, Cryptocurrency, Customers, Due Process, Enforcement, entities, Ethereum, FDIC, federal regulators, Finance, financial system, financial war, Government, industry, institutions, Law, law-abiding, lawful, legal, News, non-delegation doctrine, OCC, off-ramps, on-ramps, operation chokepoint, purging, Regulation, Reputation, risk, Signature Bank, state officials, supervision, US banks, White Paper / / / , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

According to a recent white paper published by four members of the law firm Cooper & Kirk, PLLC, U.S. bank regulators are attempting to “drive crypto businesses out of the financial system.” The paper, titled “Operation Chokepoint 2.0,” claims that after laying the groundwork by labeling lawful businesses as “reputationally risky,” federal bank regulators, with

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