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Digital Bank Revolut Adds Stellar to List of Supported Cryptocurrencies
28.7.2020
Users will now be able to buy and sell XLM on Revolut’s platform, the fintech firm announced Tuesday
Private Sector Could Bring Value to Future CBDC Launches, Says IMF Official
27.7.2020
A director at the IMF has spoken of the value the private sector could bring to central bank digital currencies, should they be adopted by nations
85% of Italian Banks Are Exchanging Interbank Transfer Data on Corda
27.7.2020
Banks across Italy are using R3’s Corda blockchain to vastly speed up the process of double-checking transaction logs
Visa Moving to Integrate With Digital Currency Platforms
26.7.2020
Visa says it is working to integrate digital currencies with its existing global network of 61 million merchants. The global payments technology giant is working with two licensed and regulated digital currency platforms, Coinbase and Fold. In a blog post, Visa says the emergence of fiat-backed...
It Is the China Dream That Hinders Digital Yuan Says Fisco Executive
25.7.2020
China’s digital yuan looks to be scaling smoothly but its core political slogan may disrupt further development
Chainlink Brings FX Rates Data From Top Korean Banks to DeFi
25.7.2020
Chainlink connects a $7 trillion a day industry to the decentralized finance space by partnering with CenterPrime
Four of South Korea’s Biggest Banks to Provide Data for DeFi Platform
24.7.2020
Four major South Korean banks said they will contribute to a blockchain-powered decentralized finance (DeFi) solution for foreign currency exchange rates.
Per D Daily, Shinhan Bank, IBK Bank, KEB Hana Bank and Nonghyup (NH Bank) will take part in a joint project involving Oracle’s Chainlink (LINK)...
Mainstream Institutions No Longer Have Regulatory Reasons to Fear Crypto
24.7.2020
Institutions on the fence about crypto involvement may no longer fear legal uncertainty, given recent crypto custody regulatory clarity
Blockchain Bites: Ghosn’s Crypto Payments, Russia’s Red Line and Why Banks Won’t Bite
24.7.2020
Carlos Ghosn’s smugglers were paid in crypto, cryptographers call out Craig Wright’s latest claims and it's unknown whether banks will custody crypto following the OCC's letter
Banks Won’t Rush to Hold Crypto – But OCC’s Regulatory Approval Makes It Harder to Ignore
24.7.2020
Regulatory approval doesn't mean banks are about to begin providing crypto custody, but it is accelerating a conversation about financial institutions safeguarding bitcoin
Uncertain Regulations Block Indian Banks’ Entry Into Crypto, Says Expert
24.7.2020
Blockchain.com’s head of research Garrick Hileman discusses the interest of Indian banks in the crypto space
Crypto Bank Hopeful Bitcoin Suisse Raises $48M in First-Ever Round
24.7.2020
Bitcoin Suisse said some of the funding will go on new product offerings if its banking license applications are successful
Czech Central Bank Board Member Criticizes CBDCs as ‘Helicopter Money’
24.7.2020
The Czech National Bank's Tomas Holub said in an interview that central bank digital currencies raise more questions than answers right now
Bitcoin Price Can Hit $20K When US Banks Invest 1% of Assets — Analyst
24.7.2020
The increasing institutional interest in Bitcoin is “not hard to see” as U.S. regulators green light custody this week
Avanti Announces ‘Cash-Equivalent Stablecoin Disruptor’
24.7.2020
Avanti’s crypto-friendly bank is now planning to launch in October after its banking charter application was accepted by Wyoming’s banking regulator
Signature Bank’s Crypto Deposits Grew $1B in Q2
23.7.2020
Out of the nearly $8 billion in deposit growth that Signature Bank saw in the second quarter of 2020, $1 billion was raked in by the firm’s digital assets team
"There's a Bitcoiner In the Hen House," Pomp Says Regarding Crypto Bank Regulation
23.7.2020
Anthony Pompliano, often referred to as Pomp, weighed in on a recent regulatory update, helped in part by a crypto industry player
Don’t Expect Banks to Jump on the OCC Crypto Custody News
23.7.2020
The OCC's ruling means nationally chartered banks can now custody crypto. But, given relatively low level of institutional interest, don't count on services appearing soon
US Regulator Green-Lights Banks for Cryptocurrency Custody Services
23.7.2020
The Office of the Comptroller of the Currency (OCC) has clarified that national banks and federal savings associations can provide cryptocurrency custody services for customers. The OCC sees banks providing crypto custody services as “a modern form of traditional bank activities related...
US Banks Offering Crypto Custody is 'Insanely' Bullish and Risky
23.7.2020
Source: Adobe/Prostock-studio
While many in the Cryptoverse celebrate a decision by the US Office of the Comptroller of the Currency to allow all federally chartered banks in the US to provide cryptoasset custody services to their customers, it also brings an "existential" risk to Bitcoin...