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Microsoft president says fintechs should leave currency to central banks
24.3.2021
Microsoft president Brad Smith is not keen on the idea of technology companies issuing private stablecoins
Crypto-collateralized loans may soon bring new investors to space
23.3.2021
"Traditional lending services generally do not exist in the digital currency industry, which means there aren’t many lenders for investors to choose from,” said Jon Melton
Report: JP Morgan Boss ‘Not Happy’ as Capital Positions Exemption for Big Banks Ends
23.3.2021
On March 19, 2021, the U.S. Federal Reserve Board published a press release that detailed the temporary supplementary leverage ratio easements will be expiring as scheduled. U.S. banks will no longer have the relaxed capital requirements they once held since the onset of the Covid-19 outbreak....
Deutsche Bank: Bitcoin Now 3rd Largest Currency, Too Important to Ignore
22.3.2021
Deutsche Bank has published a report stating that bitcoin is too important to ignore, noting that it is now the third-largest currency in terms of the total value in circulation. In addition, the bank says that governments and central banks know that cryptocurrencies are here to stay and...
Bitcoin is now ‘too important to ignore’, Deutsche Bank says
19.3.2021
Global banking giant Deutsche Bank expects governments to start regulating Bitcoin by the end of 2021
Stock Exchange SIX Aims to List Bitcoin on SDX, Crypto Trading Platform to Launch This Summer
18.3.2021
On March 17, a report detailed that the digital exchange being developed by Switzerland’s principal stock exchange SIX is preparing to launch by the summer of 2021. The exchange called SIX Digital Exchange (SDX) reportedly will also offer bitcoin, alongside the possibility of non-fungible...
Fireblocks crypto startup raises $133M in funding round with BNY Mellon
18.3.2021
BNY Mellon, the oldest bank in the United States, continues to aggressively invest in the digital asset industry
Morgan Stanley Making 3 Bitcoin Funds Available to Clients
18.3.2021
One of the largest U.S. investment banks, Morgan Stanley, will be offering its wealth management clients access to bitcoin funds. Goldman Sachs, JPMorgan Chase, and Bank of America’s wealth management divisions do not currently allow their advisors to offer direct investment in bitcoin funds....
Swiss regulators reject Bitcoin Suisse's banking license application
17.3.2021
But Bitcoin Suisse still has "many options on the table," says the firm's CEO
Bank of Japan governor says CBDC preparation can't wait until hour of need
16.3.2021
In fresh remarks, Bank of Japan Governor Kuroda Haruhiko said that experiments with a domestic central bank digital currency will begin in spring 2021
Bitcoin is now worth more than Visa and Mastercard combined
16.3.2021
The largest cryptocurrency also recently beat the world's three biggest banks by market cap, data confirms
Saturday's Best Deals: Westinghouse 42" Roku TV, AutoFull Rabbit Ears Gaming Chair, Nutale Bluetooth Trackers, Mophie Power Banks, Dyson Humidifier + Fan, and More
13.3.2021
A Dyson humidifier and fan and a 42-inch Westinghouse Roku TV lead Saturday’s best deals.Read more
Goldman Sachs Reports Rising Customer Demand for BTC: Predicts an ‘Explosion’ in the Use of Digital Currencies
12.3.2021
John Waldron, the chief operating officer (COO) of Goldman Sachs, says the financial services giant is seeing rising customer demand to own and invest in bitcoin. Nevertheless, the COO explained that his organization was still exploring ways of satisfying this demand without running afoul...
Chinese banks pilot digital yuan at Shanghai department stores
11.3.2021
The Bank of Communications and China Construction Bank conducted digital yuan trials at two major department stores in Shanghai
South Korean Shinhan Bank pilots digital currency platform with LG CNS
10.3.2021
South Korean commercial bank Shinhan Bank has built a digital won pilot platform in collaboration with LG CNS
German Bank Donner & Reuschel to Offer Crypto Custody Services in Response to a ‘High Market Demand’ in the Country
10.3.2021
Cryptocurrency adoption among the traditional banking industry keeps spreading across the board, and it has arrived at a bank based in Hamburg, Germany. Donner & Reuschel is set to make its inception into the crypto business by offering related custody services. Bank Will Also Explore Further...
1.2 Billion People Live Under Double-Digit Inflation, ‘Many Have Found Escape in Bitcoin’ Says HRF’s Alex Gladstein
9.3.2021
While central banks are focusing on creating more stimulus and economists expect inflation in the U.S. to rise, a number of other countries are suffering from considerable inflation right now. On Monday, the chief strategy officer for the Human Rights Foundation, Alex Gladstein, explained that...
Hosting a CBDC? Only one of Bitcoin, Ethereum or XRP can do it, says report
8.3.2021
Not all cryptocurrencies have the attributes desired by central banks for hosting CBDCs
Ripple Marches Towards New Project for Central Banks
4.3.2021
Ripple, a global payments solution provider, made an official announcement about its new endeavor that focuses on creating a similar format based on its native XRP ledger. This pilot project is set to create a wave in the Central banking system by enabling them to create and run their...
Colombia’s oldest commercial bank pilots crypto services
4.3.2021
One of the largest banks in Colombia, Banco de Bogotá, will pilot crypto services as part of a regulatory sandbox project