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Kraken Hits Key Milestone in Quest to Gain Fed Account, Equal Treatment With Traditional Banks
26.3.2022
Bank of Spain Governor Warns About Traditional Banking’s Exposure to Crypto Assets
23.2.2022
The Governor of the Bank of Spain has alerted the public about the risks mixing traditional banks with crypto assets might bring to the economic system. Pablo Hernández de Cos stated that the direct or indirect exposure to these assets would increase the risks associated with the financial...
Report: Traditional Banks in Africa Hold Trust Advantage Over Fintechs
13.11.2021
A recent report by CR2 on Africa’s fintech transformation suggests traditional financial institutions can still be a part of the fintech financial revolution if they leverage one of their most significant assets: client trust. Partnerships Between Banks and Fintechs The report urges...
This Assurance Layer Is Bringing Trust To The World of DeFi Lending And Borrowing
9.9.2021
rade assets and derivatives, and so on. People who want to borrow against their crypto assets to make even bigger bets frequently use this collection of businesses.There are two fundamental distinctions from traditional banks. All services are for digital currencies rather than government-iss
Visa Plans to Bring Cryptocurrency Services to Traditional Banks in Brazil
7.9.2021
Visa, the multinational payments giant, has announced it is planning to bring cryptocurrency services to traditional banking platforms in Brazil. The company also announced that it is working with several cryptocurrency companies in the country to bring cryptocurrency payment cards to the market...
Cryptowisser : Cryptocurrency Likely to Be More Environmentally Friendly Than Traditional Banks
6.9.2021
PRESS RELEASE. Leading Crypto service comparison site – Cryptowisser deep dives into the environmental future of cryptocurrency. Despite major scrutiny from traditional media and press, cryptocurrency possibly remains more environmentally friendly than traditional banks, just no one...
Mike Novogratz: Bitcoin Investors Waiting for a New Narrative Shift
9.6.2021
Mike Novogratz declared institutional investors are waiting for the next narrative shift in a recent interview at the Bitcoin 2021 conference in Miami. The CEO of Galaxy Digital thinks the market is now in a consolidation phase after the price crash last month. Novogratz also commented on what...
Traditional banks offer digital asset custody amid compliance legislation
22.12.2020
Compliance and regulations become more important than ever before for banks and traditional institutions that offer support for digital assets
Remitano Makes Cross-Border Money Transfer Much Easier With New “Cash-Out” Feature
24.11.2020
PRESS RELEASE. To simplify banking and meet its users’ Remittance needs across the globe, Remitano, a global escrow-marketplace, has just launched a smart, free, and safe approach for cross-border money transfers. This system will allow users to send and receive money from other countries...
Compared to Traditional Banks, Crypto Lenders See Booming Growth
30.1.2020
A lukewarm U.S. economy is making big banks like JPMorgan Chase struggle to produce fast loan growth - even with interest rates close to historic lows. Yet, in the white-hot cryptocurrency industry, lenders are burgeoning
Money Laundering Scandals Bring Court Charges and Record Job Cuts to Euro Banks
9.7.2019
The international financial establishment is known to express concern about the risks of money laundering when the crypto space is mentioned. A string of scandals indicates, however, that traditional banks are not only susceptible to the phenomenon but sometimes complicit, whether knowingly...