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Crypto News Summary: $40M in Crypto Seized, Hong Kong May Allow Direct Crypto Purchases, Bitcoin Group May Buy Local Bank
21.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: $40M in Crypto Seized, Hong Kong May Allow Direct Crypto Purchases, Bitcoin Group May Buy Local Bank
CBDCs Can Work With Stablecoins, Central Bank Trial Finds
21.10.2022
The central bank claims its prototype as a success that safeguards flexibility and privacy
Report: Bank of America Economist Predicts 20% Devaluation of the Nigerian Currency in 2023
21.10.2022
A Bank of America economist, Tatonga Rusike, has said the Nigerian currency is overvalued by as much as 20% and will likely be devalued in 2030. The remarks by the economist came just days after the currency’s exchange rate reportedly touched a new low of just under 750 naira for every U.S....
Crypto News Summary: Nubank’s New Nucoin Crypto, Fidelity’s ETH Offer, Bitpanda Partners With N26 Digital Bank
20.10.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Crypto News Summary: Nubank’s New Nucoin Crypto, Fidelity’s ETH Offer, Bitpanda Partners With N26 Digital Bank
Crypto adoption: How FDIC insurance could bring Bitcoin to the masses
20.10.2022
FDIC insurance is highly sought-after by crypto exchanges, lenders, and other service providers. Is it the key to mass adoption?
German Crypto Bank Nuri Asks Clients to Withdraw Funds as It Goes Out of Business
20.10.2022
Digital asset platform Nuri has told customers to withdraw their funds in the next two months, after taking a hit from the crypto winter. Formerly known as Bitwala, the Berlin-headquartered cryptocurrency bank filed for insolvency earlier this year and failed to find a buyer. Nuri to Maintain...
Mobile bank N26 launches cryptocurrency trading with Bitpanda partnership
20.10.2022
N26 Crypto is already available for Austrian customers and is planned to be rolled out in other key markets
Online Bank N26 to Offer Crypto Through Bitpanda's Trading Product
20.10.2022
Austrian N26 customers will be the first to have access to around 100 cryptocurrencies via the bank’s app, with more to follow in the coming months
Goldman Sachs CEO Sees Good Chance of Recession — Advises Investors to Be Cautious, Prepare for More Difficult Environment
20.10.2022
The CEO of global investment bank Goldman Sachs, David Solomon, sees a good chance of a U.S. recession. He stressed that the “environment heading into 2023 is one that you’ve got to be cautious and prepared for.” Goldman Sachs CEO Warns About U.S. Recession, Advises Investors...
UK inflation rate hits 10.1%, British Bitcoin community responds
19.10.2022
The British Bitcoin community wades in on the latest inflation print, which once again hit the double digits in the United Kingdom
Bitcoin se estanca y encuesta del Bank of America revela que el “dólar largo” es el favorito
19.10.2022
La encuesta realizada en octubre por el Bank of America a los administradores de fondos mostró que, por cuarto mes consecutivo, el “dólar largo” es lo más buscado
Bitcoin se estanca y encuesta del Bank of America revela que el “dólar largo” es el favorito
19.10.2022
La encuesta realizada en octubre por el Bank of America a los administradores de fondos mostró que, por cuarto mes consecutivo, el “dólar largo” es lo más buscado
Bitcoin, Ethereum Technical Analysis: ETH Lower, as USD Gains Following Strong Q3 Earnings
19.10.2022
Ethereum was back below the $1,300 level on Wednesday, as the U.S. dollar rose following better than expected quarterly earnings. So far this earnings season, Netflix, Bank of America, and others have outperformed expectations, highlighting what some view as the resilience of the U.S. economy...
Eswatini Central Bank Partners With German Firm to Explore CBDC
19.10.2022
Eswatini recently became the latest African country to jump on the central bank digital currency (CBDC) bandwagon after its central bank selected Giesecke Devrient, a Germany-based technology firm, as its partner. An agreement signed by both parties aims to enable them to deepen their...
Major client demand the ‘tipping point' for BNY Mellon's crypto services
19.10.2022
BNY Mellon CEO Robin Vince pointed to a survey earlier this year which found 91% of institutional asset managers were interested in investing in tokenized assets
German crypto bank Nuri tells 500K users to withdraw funds ahead of shut down
19.10.2022
Nuri will maintain crypto trading services until the end of November, and has encouraged users to withdraw their assets before the mid-December deadline
Bank of America and JPMorgan Say US Economy Is Doing Well, Consumers Are in Good Shape Despite Inflation
19.10.2022
Bank of America CEO Brian Moynihan and JPMorgan & Chase CEO Jamie Dimon both agree that the U.S. economy is doing well and consumers are in good shape. “The consumers basically have more money in their accounts by multiples than they did pre-pandemic,” said the Bank of America...
France’s 3rd Largest Bank Societe Generale’s Subsidiary Obtains Registration as Digital Asset Service Provider
19.10.2022
Societe Generale-Forge, a subsidiary of France’s third-largest bank, has obtained registration with the Autorité des marchés financiers (AMF), the French financial markets regulator, as a digital asset service provider. Societe Generale’s Subsidiary Registers as Digital Asset Service...
Bank of America Survey: Young People 7.5x More Likely to Hold Crypto
19.10.2022
Young Americans aged between 21 and 42 are 7.5 times more likely to hold crypto in their portfolios than investors over 43, a new survey from Bank of America shows.
According to the survey, younger Americans with money to invest are also less interested in stocks than older investors, with...
Crypto Bank Silvergate to Miss Goal of Offering Stablecoin This Year
18.10.2022
Silvergate is no longer on track to launch its own Stablecoin this year, though CEO Alan Lane said the company continues to work closely with regulators on the matter