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Swiss Regulators Green Light Crypto Transactions for Local Bank
31.5.2020
InCore bank becomes the first Swiss business-to-business bank approved by the financial watchdog to operate with digital assets
American Panic Led to the Creation and Expansion of the Corrupt Federal Reserve System
30.5.2020
The Federal Reserve System was created after the “Panic of 1907” and ever since its inception in 1913, the Fed is one of the most powerful modern central banks in the world. Moreover, the Fed has always been either celebrated or criticized for stepping in whenever the U.S. is stricken...
Stablecoins Are the Bridge From Central Banks to Consumer Payments
30.5.2020
Stablecoins can mediate between central bank digital currencies and the consumer payments universe, says Sila's Alex Lipton
Grayscale: Central Bank Digital Currencies Will ‘Neither Replace nor Harm Scarce, Uncompromising Bitcoin’
28.5.2020
Central bank digital currencies (CBDCs) pose no threat to Bitcoin’s value proposition, instead, they will spur its growth toward mass adoption. In a new report, Grayscale Investments said CBDCs will never replace BTC because unlike the top cryptocurrency, they can be inflationary and are open...
Bank of Russia Wants to Put Mortgage Issuance on a Blockchain
28.5.2020
Russia's is eyeing use cases for blockchain even as proposed legislation will clamp down on crypto
Bitcoin May Be the Solution to Africa’s Broken Financial System
27.5.2020
According to a recent report, Africa’s lack of traditional financial infrastructure makes the region fertile ground for cryptocurrency adoption
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.”