Tag: virtual currency

Capital and Risk, Operational, Regulations

NY Department of Financial Services Releases Guidance for Use of Blockchain Analytics by Virtual Currency Entities

June 6, 2022

Via: JD Supra

The New York State Department of Financial Services (NYDFS) recently issued guidance on the use of blockchain analytics for all virtual currency businesses that either have a BitLicense or are chartered as limited purpose trust companies under the New York […]


New Virginia Law Permits Banks to Provide Virtual Currency Custody Services

April 13, 2022

Via: JD Supra

On April 11, Virginia enacted a new law (HB 263), which goes into effect on July 1, 2022, permitting “banks” to provide customers with “virtual currency custody services so long as the bank has adequate protocols in place to effectively […]


Securitize secures big bank backing in $14 million funding round

September 24, 2019

Via: Finextra

The firm, which last month won approval from the US Securities and Exchange Commission to act as a transfer agent and keeper of records, provides a full-stack service for issuing and managing digital securities. Carlos Domingo, co-founder and CEO of […]


China’s central bank says it’s close to releasing its own digital currency

August 12, 2019


China’s central bank is nearly ready to issue its own sovereign digital currency, according to a senior official. Mu Changchun, deputy director of the People’s Bank of China’s payments department, said the institution’s virtual currency was “almost ready” for release, […]

Capital and Risk, Operational, Retail Banking

Coinbase promises real-time settlement on virtual currency purschases from US bank accounts

October 13, 2017

Via: Finextra

We are excited to announce the ability for customers to instantly purchase digital currency using a US bank account. Previously, customers who purchased using a bank account had to wait several days before receiving their digital currency. Customers can now […]