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US Banks Offering Crypto Custody is 'Insanely' Bullish and Risky

23.7.2020
Source: Adobe/Prostock-studio While many in the Cryptoverse celebrate a decision by the US Office of the Comptroller of the Currency to allow all federally chartered banks in the US to provide cryptoasset custody services to their customers, it also brings an "existential" risk to Bitcoin...

Banks in US Can Now Offer Crypto Custody Services, Regulator Says

22.7.2020
U.S. regulators have cleared the way for national banks to provide cryptocurrency custody services on behalf of customers

Binance Buying a Traditional Bank Is Not a New Idea, CZ Says

22.7.2020
Binance CEO CZ says that having their own bank would unlock one more channel for interacting with global regulators

US Banking Regulator Greenlights Crypto Custody at Federally Chartered Banks

22.7.2020
The office of the U.S. Treasury that handles banks has issued a determination on the long-debated subject of custodying crypto assets

Lithuanian Central Bank’s Commemorative Digital Token Goes Live Thursday

22.7.2020
Lithuania’s central bank is set to issue 24,000 digital tokens commemorating the re-establishment of Lithuanian independence in 1918

Copper Becomes Latest Crypto Firm to Use Signature Bank's Signet

21.7.2020
The integration of Signature Bank’s Signet will allow Copper’s customers to instantly pay and settle transactions in U.S. dollars and other fiat currencies

As US Banks Running Out of Coins Bitcoin Keeps On Chugging Along

21.7.2020
A U.S. bank is offering its customers a 5% bonus for delivering coins to one of its branches while Bitcoin has quadrillions of Satoshis to spare

Global Banks Reportedly Limit Service in Hong Kong for Political Reasons

20.7.2020
Global banks are scanning clients in Hong Kong on potential political ties amid protests over China-initiated national security law

Coincidence? Top 5 Swiss Bank’s Profits up 34% After Bitcoin Integration

20.7.2020
Julius Baer, a top-five Swiss bank, saw its net profit climb by 34% in the first half of 2020, a period during which it began offering digital assets like Bitcoin to its clients

Bank of Japan Forms New Team to Explore Central Bank Digital Currency

20.7.2020
The Bank of Japan is warming to digital currencies and now has a team dedicated to researching a possible digital yen

Bank of Japan Has New CBDC Research Team But No Plans to Launch

20.7.2020
Bank of Japan has announced the launch of a new CBDC research team, which will continue the work of its previous CBDC research team

Bitcoin Could Be the Next Big Inflation Hedge

19.7.2020
High-profile investors are concerned about the possibility of rising inflation — and they are turning to cryptocurrency to hedge against it

Top Spanish Banks Finalize Trial of Payments Using Smart Contracts

17.7.2020
Five major Spanish banking institutions have completed a proof-of-concept for payments using smart contracts

Thailand Already Using Central Bank’s Digital Currency

17.7.2020
Thailand's digital currency is backed by the central bank’s foreign currency reserves, which have grown by $25 billion over the past 12 months

Bank of Thailand Progresses With Digital Baht Tests Before Public Launch

16.7.2020
The Bank of Thailand is looking to test the digital baht with Hong Kong’s central bank after piloting the CBDC with large businesses

Covid-19 Stimulus: Banks Will Gain $18 Billion in Fees for Processing PPP Relief Loans

15.7.2020
The world’s banking cartel will gather $18 billion in fees for facilitating the settlement of small business Paycheck Protection Program (PPP) relief loans leveraged during the Covid-19 pandemic. The $640 billion in PPP relief loans stem from the CARES Act and allegedly there’s only...