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ING Bank-Led Security Token-Focused Project Pyctor Was Selected by UK's FCA for its Regulatory Sandbox

ING Bank-Led Security Token-Focused Project Pyctor Was Selected by UK's FCA for its Regulatory Sandbox

Led by ING Bank, in collaboration with ABN AMRO, BNP Paribas Securities Services, Invesco US, Société Générale – Forge, State Street, and others have launched a digital asset project — Pcytor.

HKMA Issues Alert on Fraudulent Website and Phishing Emails Targeting Dah Sing Bank

HKMA Issues Alert on Fraudulent Website and Phishing Emails Targeting Dah Sing Bank

The Hong Kong Monetary Authority warns the public about a fraudulent website and phishing emails impersonating Dah Sing Bank.

HKMA Issues Alert on Fraudulent Websites Impersonating Dah Sing Bank

HKMA Issues Alert on Fraudulent Websites Impersonating Dah Sing Bank

The HKMA warns the public about fraudulent websites and internet banking login screens mimicking Dah Sing Bank, urging vigilance and caution.

HKMA Warns Public About Phishing Emails Impersonating Dah Sing Bank

HKMA Warns Public About Phishing Emails Impersonating Dah Sing Bank

The Hong Kong Monetary Authority alerts the public to phishing emails impersonating Dah Sing Bank, urging caution and providing safety tips.

HKMA Alerts Public of Fraudulent Website and Social Media Page Impersonating Dah Sing Bank

HKMA Alerts Public of Fraudulent Website and Social Media Page Impersonating Dah Sing Bank

The Hong Kong Monetary Authority alerts the public about fraudulent websites and social media pages impersonating Dah Sing Bank. Public urged to remain vigilant.

HKMA Issues Warning Over Fraudulent Websites Linked to Chong Hing Bank

HKMA Issues Warning Over Fraudulent Websites Linked to Chong Hing Bank

The Hong Kong Monetary Authority has issued a warning concerning fraudulent websites and internet banking login screens linked to Chong Hing Bank Limited.

Crypto is Very Dangerous, Says Anne Boden of Starling Bank

Crypto is Very Dangerous, Says Anne Boden of Starling Bank

Anne Boden, the founder and Chief Executive Officer of Starling Bank, said cryptocurrencies are “very dangerous”, threatening the existing financial infrastructure and its status quo.

Starling Bank prohibits crypto purchases and deposits citing danger

Starling Bank prohibits crypto purchases and deposits citing danger

Starling has banned crypto-related activity for its cards. Customers can't buy cryptocurrency or accept inbound transactions from exchanges or businesses. The online bank informed clients and posted on Twitter.

Netherlands’ ING Bank Sells Digital Asset Custody Solution Pyctor to GMEX

Netherlands’ ING Bank Sells Digital Asset Custody Solution Pyctor to GMEX

GMEX acquired Pyctor from ING to expand its digital assets trading offering services and to fulfil growing demands from banks, asset management firms and other institutions.

Crypto & the FATF: ING Develops Travel Rule Protocol for Tracking Crypto Transfers Ahead of FATF Plenary Meeting

Crypto & the FATF: ING Develops Travel Rule Protocol for Tracking Crypto Transfers Ahead of FATF Plenary Meeting

The FATF has a wide range of recommendations, a total of 40 to ensure regulatory alignment between the compliance imposed on financial institutions and the regulations in its member states. The FATF Travel Rule is Recommendation 16, which has received a lot of attention from the crypto industry, especially virtual asset service providers (VASPs).

DBS Bank Joins R3-Backed Blockchain Trade Finance Network Contour Built on Corda

DBS Bank Joins R3-Backed Blockchain Trade Finance Network Contour Built on Corda

Singapore’s biggest bank, DBS Bank joined R3-backed Contour Network known for digitalizing global trade processes. Previously known as Project Voltron, Contour is a blockchain-based trade finance platform, built over R3’s Corda blockchain and was founded by R3 and major global institutions, including HSBC, ING, Standard Chartered, Citi Ventures, BNP Paribas, and Bangkok Bank, Bain & Company, and CryptoBLK. DBS Bank became the first Singaporean bank to join the network.

ING Warns Facebook’s Ties With Banks May Be Breached Due To Libra Regulatory Concerns

ING Warns Facebook’s Ties With Banks May Be Breached Due To Libra Regulatory Concerns

Ralph Hamers, the CEO of ING, warned that Facebook's relationships with banks will probably be cut off due to its inability to address Libra regulatory issues, especially the money-laundering fears.

ING Poll Reflects That Austrians are The Most Skeptical Towards Crypto

ING Poll Reflects That Austrians are The Most Skeptical Towards Crypto

A giant in Austria had revealed that Austrians are the most skeptical people towards Bitcoins and cryptocurrencies in general.

Chainlink (LINK) Hits $20 ATH as Developer Activity Goes Through the Roof, DeFi-ing Expectations—What’s Next?

Chainlink (LINK) Hits $20 ATH as Developer Activity Goes Through the Roof, DeFi-ing Expectations—What’s Next?

Chainlink has had its year in 2020, reaching multiple all-time highs, at hitting $20 on Aug.16. Chainlink’s developer activity has seen a surge as well.

Kookmin Bank, South Korea’s Largest Bank Will Offer Cryptocurrency Custody

Kookmin Bank, South Korea’s Largest Bank Will Offer Cryptocurrency Custody

Kookmin Bank, the largest commercial bank in South Korea, will start offering Bitcoin custody services through a new partnership with crypto trading firm Cumberland Korea and blockchain venture fund Hashed.

Bank for International Settlements Reveals Findings on Central Bank Digital Currencies

Bank for International Settlements Reveals Findings on Central Bank Digital Currencies

The Bank for International Settlements released its analysis report in which it evaluated central bank digital currencies globally.

Bank of America Announces Blockchain Job Openings

Bank of America Announces Blockchain Job Openings

Bank of America the second-largest bank in the United States recently announced various blockchain job openings. This shows its intention to considerably adopt blockchain technology.

Silvergate Bank Contemplates Crypto-Lending

Silvergate Bank Contemplates Crypto-Lending

Silvergate Bank seeks to become a crypto lender based on the considerable demand witnessed in this sector.

South Korea’s Central Bank Launches Central Bank Digital Currency Pilot Program in Case of Future Necessity

South Korea’s Central Bank Launches Central Bank Digital Currency Pilot Program in Case of Future Necessity

South Korea’s central bank recently announced that it has launched a pilot program assessing the issuance of a central bank digital currency (CBDC). The Bank of Korea has stated that there are no immediate plans to launch a CBDC, however, the pilot program will allow the central bank to be prepared in the future if the changing market conditions require its issuance.

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