A Bloomberg report spotlights Deutsche Bank’s approach to tackling regulatory hurdles associated with public blockchains, introducing the layer two (L2) pilot program, Project Dama 2. Layer 2 and ZKsync Tech at the Forefront of Deutsche Bank’s Blockchain Experiment This initiative falls under Singapore’s Monetary Authority-led Project Guardian, diving into the world of blockchain to explore […]
Top UAE Bank Joins the Crypto Revolution With Investment in Zodia Custody
Emirates NBD, a leading United Arab Emirates (UAE) bank, has invested in Zodia Custody, a digital asset custodian, through its Innovation Fund. A Step Forward for Zodia Custody Emirates NBD, one of the United Arab Emirates’ leading banks, recently disclosed that it had invested in Zodia Custody, a digital asset custodian. The investment was made […]
Deutsche Bank to Provide Banking Services for Crypto.com in Key Markets
Crypto.com announces a banking partnership with Deutsche Bank to enhance corporate banking operations in Asia-Pacific. Deutsche Bank Joins Crypto.com as Banking Partner Across Asia-Pacific According to an announcement shared with Bitcoin.com News, Crypto.com has formed a partnership with Deutsche Bank to access corporate banking services in Singapore, Australia, and Hong Kong. The team detailed that […]
Brazilian Central Bank May Withdraw Provisions Banning Stablecoin Self-Custody
The Central Bank of Brazil acknowledged that a proposal making self-custody of stablecoins illegal in the country might be withdrawn if certain conditions are met. In a public hearing, the deputy head of the Financial System Regulation Department, Renato Kiyotaka Uema, said that these provisions were put in place to bring stablecoin transactions to light, […]
Former Silvergate Bank CTO and Trump’s ‘Crypto Czar’ David Sacks Speak Out on Operation Choke Point
Operation Choke Point 2.0, a campaign of regulatory pressure against cryptocurrency firms, has sparked a fresh wave of criticism from notable industry figures, including former Silvergate Bank Chief Technology Officer Chris Lane and entrepreneur David Sacks, recently appointed “Crypto Czar” by President-elect Donald Trump. Operation Choke Point 2.0 Under Fire from Industry Voices and Trump’s […]