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Myanmar Shadow Government to Start Neobank With Crypto Rails to Fund Fight Against Military Junta
The National Unity Government (NUG) bank is set to run on Polygon and do currency swaps via Uniswap v3 pools and USDT stablecoins.
EU Governments Friendly to Tough Bank-Capital Restrictions for Crypto
European Union governments appear to support new bank-capital standards, which could see unbacked crypto treated as the riskiest kind of asset for lenders to hold, according to an official leading talks on new legislation. CoinDesk Regulatory Reporter Jack Schickler explains what this could mean for assets such as bitcoin (BTC) and ether (ETH).
Australia's Commonwealth Bank Will Partially Restrict Payments to Crypto Exchanges
The Australian bank announced on Thursday that will decline "certain payments" to crypto exchanges or hold them for a period of 24 hours
Pakistan Announces Fresh Ban on Crypto, but Adoption as a Hedge Remains Popular
Cryptocurrencies will “never be legalized in Pakistan,” said Minister of State for Finance and Revenue Aisha Ghaus Pasha.
Hong Kong's Central Bank Digital Currency Could Be on Permissioned Blockchain: Source
The regulator of e-HKD has left the implementation of Hong Kong's CBDC to the banks.
3 Strategies Crypto Firms Can Use to Land a New Banking Partner
After the recent collapse of three crypto-friendly banks, many firms are left hunting for new banking partnerships. Brett Philbin, Rachel Millard and Rosie Gillam of Edelman Smithfield offer advice.
SVB Collapse Shows the Rot in U.S. Banking and Dollars
Bank balances and money itself are effectively illusions. Reserve co-founder Nevin Freeman considers an alternative.
Should I Keep My Money in Bitcoin or a Bank?
The U.S. government is in the business of bailing out banks. But some people prefer to keep cash under the mattress.
Santander, HSBC, Deutsche Bank, Others Still Willing to Serve Crypto Clients After Banking Failures, DCG Says
Major banks are still willing to work with crypto firms, though they may restrict services, according to messages from DCG viewed by CoinDesk.
