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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

First Mover: Bitcoin Could Get a Boost From Central Bank Digital Currencies

26.5.2020
CBDCs might seem to be anathema to the mission statement of bitcoin, but they may prove to be a valuable on-ramp for new investors

RBI Confirms No Ban on Cryptocurrency Exchanges, Businesses or Traders in India

26.5.2020
India’s central bank, the Reserve Bank of India (RBI), has confirmed that there is no longer any banking ban on crypto exchanges, companies, or traders. This follows the supreme court decision to quash the RBI circular prohibiting banks from providing services to any customers dealing...

RBI Says No Restrictions on Banks Providing Accounts to Crypto Traders

26.5.2020
RBI’s recent response to an information request shows that Indian banks are not prohibited from dealing with cryptocurrency business

Goldman Sachs Hosting Bitcoin Call as Institutional Interest in Cryptocurrency Surges

26.5.2020
As interest in cryptocurrency grows among institutional investors, global investment banks, like Goldman Sachs and JPMorgan Chase, are reexamining their views about bitcoin. Goldman Sachs is hosting a call for its clients to learn about the implications of current policies for bitcoin, gold,...

Illegal to Own Gold? Hedge Fund Manager Warns Governments May Ban Gold Ownership

22.5.2020
A well-known hedge fund manager has warned that governments may ban private gold ownership. He explained that central banks may attempt to demonetize gold, making it illegal for private individuals to own, as the authorities lose control of inflation amid the coronavirus-led economic crisis....

Bitcoin Could Be More Resilient to Global Electric Failure Than Banks

21.5.2020
In a world without electricity and the Internet, Bitcoin would find alternatives to flourish, argues Andreas Antonopoulos

Brazil to Investigate Banks Denying Service for Crypto Companies

21.5.2020
Major Brazilian banks might get punished for excluding crypto companies from the local financial system

Cryptocurrency and COVID-19: Bitcoin’s Path to a Safe Haven

21.5.2020
In the time of a global crisis caused by the coronavirus, Bitcoin has the potential to be the best option for a trusted financial instrument

Brazil Watchdog Reopens Probe into Banks that Cut off Crypto Exchanges

21.5.2020
There is new hope for the Brazilian crypto exchanges whose banking activities were halted abruptly some two years ago by a collective comprising some of the nation’s top commercial banks. Per news agency FolhaPress, the Brazilian finance watchdog, the Administrative Council for Economic Defense...

Keeping Enemies Close: JPMorgan Servicing Crypto Firms Opens a New Frontier

20.5.2020
Despite JPM’s boss being tough on crypto, the bank takes on two regulated exchanges as clients in what some are calling a “game-changer.”

Brazil to Rule on Probe Into Banks’ Rejection of Crypto Firms

20.5.2020
Brazil’s national competition regulator is about to decide the fate of its investigation of whether some of the largest banks in the country illegally refused to bank local crypto brokers

Digital Euro Sees First Successful Test at the Bank of France

20.5.2020
The French central bank has announced the first successful test of a digital euro

Covid-19 Economy Fuels Faith in Crypto: Trust In Bitcoin Over Banks Increased 3X Since 2017

19.5.2020
The market research organization, The Tokenist, recently published a report called “Comparing Public Bitcoin Adoption Rates in 2020 vs 2017.” The study’s findings give a comprehensive look at the cryptocurrency ecosystem between 2017 and now. The researchers’ survey shows...