Swiss regulator forces crypto-friendly FlowBank into bankruptcy
The Switzerland-based bank reportedly had ties to the TrueUSD stablecoin issuer, Techteryx, crypto asset manager CoinShares and Binance.
The Switzerland-based bank reportedly had ties to the TrueUSD stablecoin issuer, Techteryx, crypto asset manager CoinShares and Binance.
Original source
Read on CointelegraphRelated market context
Japan Three Biggest Banks Unite to Launch Yen Crypto Stablecoin by March 2027
MUFG Bank, Mizuho Bank, and Sumitomo Mitsui Banking Corporation have established a formal joint council to develop and co-issue a...
Banks are buying Bitcoin vaults, but a quantum problem may be waiting inside
The banks are finally buying the vaults. In May, BNY, the world's largest custodian with $59.4 trillion in assets under custody an...
SEC Plan to Scrap Rule 611 Could Be the Biggest Regulatory Unlock Yet for Crypto Tokenized US Stocks
The SEC just removed the single biggest legal obstacle standing between Crypto DeFi and US equity markets. On June 11, the agency...
Kraken Adds USDCx Support On Canton As Institutional Stablecoin Rails Expand
TL;DR Kraken says it now supports USDCx deposits and withdrawals on the Canton Network. USDCx is described as a Canton-native stab...
British Armed Forces intercept sanctioned Russian oil tanker in Channel, exposing crypto’s role in sanctions evasion
The interception highlights the growing role of cryptocurrencies in evading sanctions, prompting increased regulatory scrutiny and...
Latam Insights: Inside Brazil’s CBDC Privacy Bill and Latin America’s $1.5 Trillion Stablecoin Economy
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this edition,...