Economy

Following OCC Letter, Some US Banks Appear Open to Providing Crypto Services

Reposted from this article in NASDAQ.com Originally posted: 11 August 2020   Major U.S. banks might be willing to support cryptocurrency services with just a bit of additional guidance from the Office of the Comptroller of the Currency (OCC), their federal regulator. Multiple national banks responded to the OCC's June Advance Notice of Proposed Rulemaking (ANPR), which asked the general...

First pure-play digital bank in Southeast Asia receives bank license approval

TONIK Digital Bank to Launch in the Philippines in 2020 Source: www.tonikbank.com   SINGAPORE – 7 JANUARY 2020 - TONIK Financial Pte Ltd (“TONIK”) announced today that its subsidiary in the Philippines, TONIK Digital Bank Inc, has received Notice of Approval for a new banking license from the Central Bank of the Philippines. The license will enable TONIK to provide...

5 major trends that will shape society and business

5 Trends that will shape sustainability and business in 2020 Source: www.rappler.com What does the coming year hold? 2020, as some experts have noted, is the year the climate fight could be won or lost, and Asia will play a critical role. Eco-Business gazes into the crystal ball and identifies 5 major trends that will shape business and society in...