Search
Fed Paper: Central Bank Digital Currencies Could Replace Commercial Banks – But at a Cost
5.6.2020
The research explores how "central banking for all" via digital currency could affect commercial banks
New Head of US Regulator and Former Coinbase Lawyer Invites Banks and Crypto to Collaborate
5.6.2020
Following a request for input on how crypto and banking can work together, new acting Comptroller of the Currency Brian Brooks talks first priorities in work with the industry
US Bank Regulator OCC Asks for Public Input on Cryptocurrency Use in Financial Sector
4.6.2020
A federal banking regulator is seeking public input on how cryptocurrencies interact with the national banking system and financial institutions
Japan’s Biggest Banks Are Talking About Building a Digital Payments System
4.6.2020
The banks will be joined by representatives from big business and the government to lay out how to create shared digital payments system
Iranian Lawmaker Says Bitcoin Should Be Central Bank’s Turf
2.6.2020
An Iranian lawmaker wants his country’s central bank to take bitcoin seriously
2 Swiss Banks Launch Cryptocurrency Trading and Custody After Gaining Regulatory Approval
2.6.2020
Switzerland’s financial regulator, FINMA, has approved two Zurich-based banks to offer a range of cryptocurrency services, including trading and custody. Maerki Baumann Bank subsequently announced the launch of its trading platform for major cryptocurrencies while Incore Bank is offering...
US Turmoil and Negative Interest Rates – Billionaire Michael Novogratz Says ‘Watch Gold and Bitcoin’
2.6.2020
For the first time since October 2019, Federal Reserve Chair Jerome Powell admitted to leveraging quantitative easing (QE) tactics. Powell explained on Friday, the central bank is now comfortable with leveraging QE on a regular basis. Furthermore, the Fed is planning on utilizing negative interest...
Swiss Bank Maerki Baumann Launches Crypto Custody and Trading
1.6.2020
Swiss private bank Maerki Baumann deepens crypto push by adding crypto custody and trading services
UK Government Seizes $185 Million From Dormant Bank Accounts for Crisis Relief
1.6.2020
The UK government is seizing funds in dormant bank accounts worth approximately $185 million to fund its coronavirus relief efforts. So far, 30 banks have been voluntarily transferring money from dormant accounts to the government, including HSBC, Barclays, Clydesdale, Credit Agricole, Danske...
Indian Banks Still Cryptophobic Despite No Banking Prohibition
31.5.2020
Here are the legal resources available to Indian crypto users and businesses if a bank has declined services out of cryptophobia
Swiss Regulators Green Light Crypto Transactions for Local Bank
31.5.2020
InCore bank becomes the first Swiss business-to-business bank approved by the financial watchdog to operate with digital assets
American Panic Led to the Creation and Expansion of the Corrupt Federal Reserve System
30.5.2020
The Federal Reserve System was created after the “Panic of 1907” and ever since its inception in 1913, the Fed is one of the most powerful modern central banks in the world. Moreover, the Fed has always been either celebrated or criticized for stepping in whenever the U.S. is stricken...
Stablecoins Are the Bridge From Central Banks to Consumer Payments
30.5.2020
Stablecoins can mediate between central bank digital currencies and the consumer payments universe, says Sila's Alex Lipton
Grayscale: Central Bank Digital Currencies Will ‘Neither Replace nor Harm Scarce, Uncompromising Bitcoin’
28.5.2020
Central bank digital currencies (CBDCs) pose no threat to Bitcoin’s value proposition, instead, they will spur its growth toward mass adoption. In a new report, Grayscale Investments said CBDCs will never replace BTC because unlike the top cryptocurrency, they can be inflationary and are open...
Bank of Russia Wants to Put Mortgage Issuance on a Blockchain
28.5.2020
Russia's is eyeing use cases for blockchain even as proposed legislation will clamp down on crypto
Bitcoin May Be the Solution to Africa’s Broken Financial System
27.5.2020
According to a recent report, Africa’s lack of traditional financial infrastructure makes the region fertile ground for cryptocurrency adoption
Central Bank Digital Currencies Are Not a Replacement for Bitcoin: Grayscale
27.5.2020
Leading Bitcoin fund manager Grayscale Investments explains in its recent report that viewing CBDC as a Bitcoin replacement is incorrect
IMF Predicts Banks Will Struggle at Least 5 More Years After Global Economy Recovers
26.5.2020
The International Monetary Fund (IMF) has predicted that banks will struggle to generate profits at least five years after the global economy recovers from the coronavirus-led economic crisis. The IMF explained that banks were struggling even before the covid-19 pandemic so their troubles...
Central Banks Could Partner with Private Sector on CBDCs
26.5.2020
The Euro symbol in front of the European Central Bank. The idea of central banks running the entire central bank digital currency (CBDCs) show is "out the door," and is being replaced by the private-public partnership, according to Tommaso Mancini-Griffoli, Deputy Division Chief in...
India’s Central Bank Removes Lingering Confusion Over Banking for Crypto Firms
26.5.2020
India's commercial banks can indeed provide banking services to traders and firms dealing in cryptocurrencies, the RBI has clarified