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Fed Chairman Jerome Powell Says Bitcoin Is a Substitute for Gold


Federal Reserve Chairman Jerome Powell sees cryptocurrency as a substitute for gold, rather than the dollar. However, he cautioned that crypto assets, including bitcoin, are highly volatile and not useful as a store of value. Fed Chair Sees Bitcoin as a Gold Substitute During a webinar sponsored...

Deutsche Bank, Visa, Binance, Naver Eye Deal for Bithumb – Report


Rumors appear to be hotting up as rival players – including the likes of Deutsche Bank, Visa, Binance and the search engine operator Naver – have reportedly held talks about buying minority or controlling stakes (or possibly even taking over) Bithumb, South Korea’s biggest crypto exchange. As...

Deutsche Bank: Bitcoin Now 3rd Largest Currency, Too Important to Ignore


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...

Next 2-3 Years 'Should Be a Turning Point for Bitcoin' - Deutsche Bank


The next few years might prove crucial for bitcoin (BTC) that is "here to stay" but is not likely to be used as a means of payment, according to German multinational giant Deutsche Bank. Bitcoin’s market capitalization of more than USD 1trn “makes it too important to ignore,” while large...

[aktualita] Air Bank spustila bankovní identitu, klientům začne fungovat postupně


Další česká banka oznámila spuštění bankovní identity (BankID). Po České spořitelně a ČSOB má BankID funkční také Air Bank. Klientům ale služba nabíhá postupně – banka totiž momentálně ověřuje jejich identity v základních registrech.  „Spuštění bankovní identity pro klienty Air Bank je postupné...

Morgan Stanley Making 3 Bitcoin Funds Available to Clients


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....

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