The Ontario Superior Court of Justice has recently moved to take custody of a large sum of assets from a crypto exchange currently frozen in accounts at the Canadian Imperial Bank of Commerce (CIBC).
A new venture involving institutional heavy hitters from across banking, trading and energy sectors is tapping into the Ethereum blockchain to settle commodity trades.
“A lot of people are sending money to their relatives in Venezuela and they want a cut of that,” Venezuelan Eduardo Gómez tells Bitcoin Magazine in an interview.
The Bermuda Monetary Authority has spearheaded a new bill that will establish a novel, restricted banking license to encourage banks to provide their services to fintech companies.