Bank
Circle Strikes to Turn out to be a US Nationwide Belief Financial institution after Bumper IPO
Circle, the issuer of the USDC stablecoin, has utilized to the Workplace of the Comptroller of the Foreign money (OCC) to ascertain a nationwide belief financial institution in the US to supervise its stablecoin reserve. Strengthening Its Stablecoin Oversight Introduced yesterday (Monday), the stablecoin issuer’s First Nationwide Digital Foreign money Financial institution would function as […]
Stantander financial institution could challenge stablecoin
Banco Santander SA, a world banking establishment, is contemplating increasing crypto providers to retail purchasers and doubtlessly launching a stablecoin product. The stablecoin plans are nonetheless within the early phases. In accordance to a Could 29 Bloomberg report, the financial institution is contemplating providing each greenback and euro-pegged fiat tokens. Giant banking establishments, together with […]
Hong Kong police busts $15M laundering ring that used crypto, 500 financial institution accounts
Hong Kong police arrested 12 folks concerned in a cross-border cash laundering scheme that relied on crypto and over 500 stooge financial institution accounts to launder HK$118 million ($15 million), native information shops reported. The syndicate was dismantled on Could 15, ensuing within the arrest of 9 males and three ladies in mainland China and […]
HKMA Alerts Public on Fraudulent OCBC Financial institution Web site in Hong Kong
Alvin Lang Mar 26, 2025 07:29 The Hong Kong Financial Authority has issued a warning a few fraudulent web site posing as OCBC Financial institution (Hong Kong) Restricted, urging public vigilance. The Hong Kong Financial Authority (HKMA) has issued an important warning to the general public relating […]