A Syrian non-governmental organization has proposed a “Bitcoin Policy” for the country, urging the new government to adopt a bitcoin-based banking system. Syrian Transitional Authority Seeks Legitimacy A Syrian non-governmental organization (NGO) has urged the country’s new leadership to consider building a banking system that relies on the Bitcoin network and associated technologies. In its […]
Reports reveal that the Swiss Federal Chancellery has officially added the “Bitcoin Initiative” to its registry, aiming to integrate bitcoin into the Swiss National Bank’s reserves via a constitutional amendment. Swiss Chancellery Registers ‘Bitcoin Initiative’ On Tuesday, Dec. 31, 2024, the Swiss Federal Chancellery confirmed its registration of the “Bitcoin Initiative.” This effort, spearheaded by […]
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 […]
European Union banking regulations have provided a significant competitive advantage for crypto firms compared to the challenges faced by their U.S. counterparts, according to an analysis by Patrick Hansen, senior director of EU strategy and policy at Circle. Circle Exec: Regulatory Clarity Helps Europe Surpass U.S. in Crypto-Friendly Banks According to Hansen’s report, he highlights […]
BNY Mellon, one of the world’s largest custodian banks, is seeking to offer custody services for bitcoin and ether to exchange-traded product (ETP) clients. The bank is also eyeing large-scale growth in the crypto space, with plans to seek more regulatory approvals to capitalize on the lucrative crypto custody market. BNY Mellon Pushes Forward With […]