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Bitcoin Is Financial Instrument, Clarifies Germany, Crypto Custodians Qualify as Financial Institutions
3.3.2020
The Federal Financial Supervisory Authority of Germany, Bafin, has issued guidance to clarify the status of cryptocurrencies and the regulations that apply to related business activities. The recommendations are based on the country’s current legislation, taking into account the latest...
This Major Turkish Bank Is The Latest Binance Partner for Fiat-to-Crypto Transfers
2.3.2020
Binance CEO CZ: “We abide by the local laws and regulations and are committed to providing secure services to our users”
Binance Users in Turkey Can Now Deposit and Withdraw TRY via Akbank Integration
2.3.2020
The competition for the Turkish cryptocurrency market appears to be heating up as Binance is the latest platform to launch a banking integration for the Lira (TRY). The global digital asset exchange is now open to direct transactions of local fiat from Akbank, one of the largest banks in Turkey....
BIS: No Central Bank Digital Currencies Focus on Cross-Border Payment
2.3.2020
None of the 17 ongoing central bank digital currency projects is focused on cross-border payments, the Bank for International Settlements says
BIS Paper Reckons With P2P Payments, Tokenized Securities, Central Bank Digital Currencies
1.3.2020
Researchers at the Bank for International Settlements say the future of payments may be peer-to-peer, but a number of considerations must be satisfied before distributed ledger-based systems can go mainstream
Brazil’s PIX Payments System Has the Same Spirit, but Not a Blockchain Structure
28.2.2020
When PIX is implemented, a number of Brazilan banks could take a hit. Point-of-sale machines and payment processing firms could become scarce
Why Banks Aren’t Banking Your Crypto Startup
28.2.2020
The compromised reputation of the crypto industry is the main obstacle for the banking sector’s integration into the space
South Korea’s NH Bank Debuts Samsung-Backed Blockchain ID System
27.2.2020
South Korea’s NongHyup Bank rolls out first commercial use of blockchain ID technology backed by tech giant Samsung
Bank of Japan Official Calls for Deeper Understanding of Digital Currencies
27.2.2020
Advanced economies should focus on addressing money laundering and oversight instead of issuing digital currencies, says a Bank of Japan official
China's Digital Yuan Research Delayed Amid Coronavirus Epidemic
26.2.2020
The coronavirus outbreak has led to postponed work at various Chinese government institutions, including the organs responsible for researching and developing the digital yuan
Revolut Bank Valued at $5.5B in $500M Funding Round
25.2.2020
Revolut raised $500 million, but did not specify if any of the funding will go toward improving its cryptocurrency offering
Caitlin Long Doesn’t Trust Trust Companies
25.2.2020
Caitlin Long (in a Cointelegraph exclusive) explains why trust companies as custodians are not sufficient for institutional investors
Wielding the Tools of Liberty: Exploring Wendy McElroy’s Latest Book ‘The Satoshi Revolution’
25.2.2020
When Satoshi Nakamoto launched the Bitcoin network, not only was the protocol a breakthrough in computer science, but it transformed the way society perceives money, economics, and freedom. “The Satoshi Revolution” written by Wendy McElroy delves into the transformative technology...
Ukraine’s Central Bank: E-Hryvnia Threatens Landscape of Banking System
25.2.2020
The National Bank of Ukraine is still trying to balance the potential threats and benefits of a central bank digital currency
Crypto-Friendly Banking App Now One of Europe's Most Valuable Fintechs
25.2.2020
Crypto-supporting neobank Revolut is now valued at $5.5 billion, tied with Sweden’s Klarna for first place as Europe’s most valuable fintech
China Adopts Security Standards for Blockchain Applications in the Financial Sector
25.2.2020
Keeping the focus on blockchain development, banking authorities in China have issued a set of rules pertaining to the secure application of crypto-related technologies in the financial sphere. The new standards, the first of this kind, are to guide the work of developers and service providers...
Bitcoin Halving Will Drop Inflation Rate Lower Than Central Banks’ 2% Target Reference
25.2.2020
When Satoshi Nakamoto invented Bitcoin, the creator designed the protocol to be an inflationary currency, one that is predictable as bitcoin’s inflation always decreases every four years. Today, 77 days before the reward halving, BTC’s inflation rate is around 3.6% and it’s...
Caitlin Long Starts the First Crypto-Native Bank in the U.S.
24.2.2020
Caitlin Long is setting up a first crypto-native bank in the US that will offer crypto services to institutional investors
Bank of England Official: Central Banks May Lose Payments Race to Tech Companies
24.2.2020
The chief cashier of the Bank of England has warned that central banks must act quickly to prevent tech companies from dominating the digital payments sector
‘Crucial’ for Central Banks to Consider Digital Currencies: Bank of England Exec
24.2.2020
Governments need to research digital currencies so they can strike a balance with private issuers, said the BoE's chief cashier