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Japan's megabanks to lead experiment with digital yen
19.11.2020
Could a new, coordinated effort to digitalize the Japanese economy be strong enough to compete with residents' persistent use of cash?
Comptroller reveals path for crypto companies to become banks
18.11.2020
Firms could potentially become federally chartered banks allowed to provide crypto custody services by converting their business charters
US Banks Face a Massive Commercial Real Estate Crisis Looming on the Horizon
17.11.2020
Financial incumbents may face a harsh reality soon, as a commercial real estate crisis has threatened the profits from America’s largest banks. A number of reports show that banks with a large amount of commercial real estate in their portfolios may see a significant fallout in the next...
Belarus Bank to Offer Bitcoin Purchases, With Litecoin and Ether Coming Soon
16.11.2020
A Belarusian bank is launching a bitcoin buying service via bank cards for citizens of Belarus and Russia
300 Banks in Germany Charge Negative Interest Rates Including Deutsche Bank, Commerzbank, ING
15.11.2020
A new report reveals that more than 300 banks in Germany are now charging some customers negative interest rates. Some are big global banks, including Deutsche Bank, Commerzbank, and ING. 300 Banks Pass on the Burden of Negative Interest Rates to Customers Banks in Germany have been increasingly...
Bitcoin.com Reveals Limited Edition Bitcoin Cash Wristwatch Crafted by Luxury Watchmaker Franck Muller
14.11.2020
The leading cryptocurrency web portal Bitcoin.com has partnered with the Swiss luxury watch manufacturer, Franck Muller, in order to create elegant crypto themed timepieces. The titanium, limited edition functional bitcoin cash watch is called “Free the Money, Free the World” and will...
Hedge Fund Manager Brian Kelly Says Increasing Institutional Interest in Bitcoin Down to its Fixed Supply
14.11.2020
Hedge fund manager Brian Kelly says the surging number of institutional investors owning bitcoin is down to the digital currency’s core value proposition- a fixed coin supply. On the other hand, the same institutional investor interest is helping to build confidence in the top cryptocurrency...
Binance CEO On Outsmarting Users From US, BoE On Protecting Banks + More News
13.11.2020
Changpeng Zhao, CEO of Binance. Source: a video screenshot, Youtube, Blockchains for Sustainable Development.
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Changpeng Zhao, CEO...
"Banks will have to adjust" to crypto, says Bank of England leader
13.11.2020
Jon Cunliffe, one of the leaders of England's central bank, said banks must adapt to the changes brought on by digital assets
This Crypto Custody Breakthrough Will Bring Banks Closer to Digital Assets
13.11.2020
Shard X is claiming to be the first company to successfully run multi-party computation (MPC) on hardware security modules (HSMs)
Bank of England Official Balks at Shielding Banks Against Digital Currencies: Report
13.11.2020
Deputy Governor Jon Cunliffe says protecting bank business models is not BoE's responsibility
From PayPal to Libra: Big Tech Has Forced Central Banks to Wake Up to CBDCs, Says Benoit Coeure
13.11.2020
Libra was the final wake-up call for central banks that prompted serious consideration of digital currency issuances, according to the head of the BIS Innovation Hub
Belarus’ largest bank reportedly launches crypto exchange service
13.11.2020
Another bank is reportedly moving into crypto amid a major bull run in crypto markets
Deutsche Bank: central bank digital currency will replace cash in long term
12.11.2020
Deutsche Bank has called on Europe to accelerate the development of central bank digital currencies
OCC is too caught up in crypto under former Coinbase exec, congresspeople say
11.11.2020
Multiple United States congresspersons recently expressed their displeasure at the OCC's focus on crypto this year
Central Banks’ Renewed Gold Hunger Shows Need For A Hedge
11.11.2020
A new survey suggested that central banks may be on the hunt for a hedge – a search that may lead some directly to digital gold, bitcoin (BTC), albeit via the central banking sector’s default asset of choice: gold.
In a new report focusing on the status of gold reserves in central banks conducted...
One of the world's top banks issues bonds that can be bought with Bitcoin
11.11.2020
China Construction Bank has used blockchain technology to issue the first tranche of a planned $3 billion worth of debt
Major Chinese Bank Selling Bonds Worth $3 Billion for Bitcoin
11.11.2020
China Construction Bank, one of the “big four” banks in China, is selling $3 billion in bonds that can be paid for with bitcoin. The bonds will be listed on a regulated Malaysian digital asset exchange. Beijing-based China Construction Bank (CCB) is selling $3 billion in bonds...
‘Dr Doom’ Nouriel Roubini Admits Bitcoin May Be a Store of Value, Sees Big Revolution in Central Bank Digital Currencies
9.11.2020
Economist Nouriel Roubini, also known as “Dr. Doom,” has admitted that bitcoin may be a store of value. Roubini sees a “big revolution” coming in the next three years due to central banks launching their own digital currencies. Nouriel Roubini Sees Store of Value in Bitcoin...
Every Major Bank Will Have Exposure to Bitcoin, Says Renowned Fund Manager Bill Miller
9.11.2020
Veteran investor Bill Miller says that all major banks, investment banks, and high net worth firms will eventually have some exposure to bitcoin or something like it. He said that bitcoin’s staying power is getting better every day. Bill Miller’s Bullish Statements About Bitcoin...