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Bank of Canada calls central bank digital currencies risky, especially storage
5.10.2020
Is risk in the eye of the beholder?
Estonia’s Central Bank to Research if Blockchain Can Support a Digital Euro
5.10.2020
Eesti Pank said the initiative will gauge the suitability of the KSI Blockchain, already used within the country's e-government system, in supporting a central bank digital currency
ECB to consider further digital euro study in 2021
4.10.2020
The report is only the start of the discussion and raises more questions before officially studying the digital euro
All Currencies Will Be Pegged to Bitcoin, Says ‘Price of Tomorrow’ Author Jeff Booth
3.10.2020
Entrepreneur and popular author Jeff Booth has predicted a grim future for fiat currencies, expecting them to fail as central banks keep printing money. Foreseeing an unavoidable, severe depression and banking failure, he believes bitcoin will become the world’s reserve currency and...
Coinbase customers can now dodge bank withdrawal wait times
2.10.2020
New update from Coinbase quickens the transmutation of crypto into fiat
Australian Securities Exchange to triple capacity of DLT system
1.10.2020
The new blockchain-based system will replace the existing CHESS system
Ripple Decarbonizes, Novogratz Warns Banks Over DeFi, Salty SEC + More News
30.9.2020
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Ripple said that it is committing to be carbon net-zero by 2030 and, in partnership with Energy...
FinCEN director warns banks about cryptocurrency risk exposure
30.9.2020
FinCEN has warned U.S. banks that it is closely watching how they respond to crypto risk exposure with their AML programs
Congress weighs crypto payments and fintech lending in hearing today
29.9.2020
Despite skepticism about loosening regulations on loans, the Fintech Task Force couldn't stop talking about crypto as a way of upgrading payments in the U.S
Banks must establish infrastructure for digital assets before it’s too late
27.9.2020
Crypto adoption in traditional legacy systems is moving fast, but a lack of technological infrastructure limits compliance and safe storage
US Federal Reserve Actively Working on Digital Dollar
26.9.2020
The Federal Reserve Board of Governors and several Federal Reserve Banks are actively working on the digital dollar. Legislation has proposed that each American could have an account at the Fed for transacting in the central bank digital currency. Several Digital Dollar Initiatives The president...
Nexo founder feels vindicated by the FinCen leak, talks of double-standards
26.9.2020
Had it been Coinbase or Nexo, he agreed with speculation that law enforcement would have been knocking on the door the next day
Law Decoded: Transformations in crypto exchanges and traditional institutions, Sept. 18-25
25.9.2020
Maybe one day, drawing distinctions between crypto and traditional finance will seem quaint
Federal Reserve Bank reveals details of digital dollar research
24.9.2020
The Federal Reserve Bank has been exploring digital currencies to modernize the U.S. payments sector
Recap of Cointelegraph panel: Brokers and banks in crypto
23.9.2020
Cointelegraph recently hosted a YouTube panel discussing brokers and banks involved in the crypto industry, based on a report from CV VC and PwC
Europe's central bank is concerned about possible runs on stablecoins
23.9.2020
Stablecoin runs could occur if users lose confidence in the issuer or its network
Major banks implicated in the FinCen leak take a beating in the stock market
22.9.2020
Banks cleared over $2 trillion in "suspicious" transactions. How did crypto fare in comparison?
US Banks Can Now Hold Reserves for Stablecoin Issuers, Says Federal Banking Regulator
22.9.2020
The U.S. Office of the Comptroller of the Currency (OCC) on Monday published a letter clarifying that national banks and federal savings associations can now hold reserves for stablecoin issuers in the country. According to the OCC’s interpretive letter, reserve accounts can either be funded...
OCC: Banks Can Hold Some Stablecoin Reserves
21.9.2020
The U.S. OCC has published fresh guidance, officially clarifying national banks can provide services to stablecoin issuers in the U.S
US banking regulator authorizes federal banks to hold reserves for stablecoins
21.9.2020
Federal banks in the U.S. see new capacity to provide services to crypto firms, specifically stablecoin operators