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‘Absolutely Inevitable’: Standard Chartered Bank CEO Sees Widespread Cryptocurrency Adoption
9.12.2020
Standard Chartered Bank CEO Bill Winters sees the adoption of digital currencies as “absolutely inevitable.” He says there is a role for both private digital currencies and state-backed ones. His bank subsequently announces that it is launching a crypto custody service, supporting...
Crypto Asset Manager NYDIG Hires Tech-Savvy Banker to Pitch Its Wares to Institutions
9.12.2020
Former Quontic Bank executive Patrick Sells will be responsible for developing NYDIG’s white-labeled crypto services for banks
Crypto Startup BitPay Files to Become Federally Regulated US Bank
9.12.2020
Crypto payments firm BitPay has filed to become a national bank in the U.S
Standard Chartered, Northern Trust to Launch Crypto Custody Service in the UK
9.12.2020
Zodia Custody is currently pending approval by the U.K.'s Financial Conduct Authority and is expected to launch in 2021
ING Bank Opens Up About Crypto Custody Solution at Singapore Fintech Event
9.12.2020
Speaking at the Singapore Fintech Festival, ING's blockchain lead spoke publicly for the first time about the bank's trials with digital assets
Another Asian Crypto Exchange Suspends Withdrawals as China Detains One of Its Founders
9.12.2020
Chinese authorities are launching a national crackdown against fraudulent SIM card and bank account schemes. The latest detained under this operation is one of the founders of a Hong Kong-based cryptocurrency exchange CEO Global (ceobi). Crypto Exchange Founder Taken Into Custody by Chinese Police...
Wells Fargo Investment Institute Report Compares Bitcoin to the 1850’s Gold Rush
9.12.2020
On Monday, the U.S. bank Wells Fargo’s wholly-owned subsidiary and registered investment adviser the Wells Fargo Investment Institute published an investment strategy with a page dedicated to the crypto asset bitcoin. The institute’s contributing author and Head of Global Asset...
Standard Chartered Bank to Launch Crypto Trading for Institutional Investors: Sources
8.12.2020
Standard Chartered has gathered a group of crypto exchanges for a new digital asset trading platform tailored to the institutional market
G7 Central Bankers Stress the Need to Regulate Cryptocurrencies at Latest Meeting
8.12.2020
The G7 finance ministers and central bank governors discussed the need to regulate cryptocurrencies during their latest meeting. German Finance Minister Olaf Scholz raised concerns about Facebook’s upcoming cryptocurrency. G7 Sees the Need to Regulate Crypto U.S. Treasury Secretary Steven...
German Bank to Launch Bitcoin Investment Fund in January
8.12.2020
German private bank Hauck & Aufhäuser says it will launch a crypto investment fund in January next year, allowing institutional and semi-institutional investors to invest in digital assets including, bitcoin, ether, and stellar. ● According to a report on Fundview,...
Spain’s Second-Largest Bank Will Soon Launch Crypto Services: Sources
7.12.2020
BBVA is poised to enter the cryptocurrency trading and custody space, according to two people familiar with the plans
SIX Stock Exchange Joins Venture Opening Up Digital Assets to Swiss Banks
7.12.2020
SIX will join Swisscom and Sygnum in a new venture aimed to enable Swiss banks to offer digital assets to their customers
Monday's Best Deals: Magic Chef Air Fryer, Buy 2 Get 1 Free Next-Gen Games, Clinique Hydration Set, Aukey Power Bank, Bella Mini Waffle Maker, and More
7.12.2020
A Magic Chef Air Fryer and a Buy 2 Get 1 Free next-gen games sale lead Monday’s best deals.Read more
Digital ruble will undercut bank profits but help businesses: Bank of Russia
7.12.2020
Russia's central bank wants the digital ruble to help businesses by cutting out financial middlemen
German bank launches crypto fund covering portfolio of digital assets
7.12.2020
Hauck & Aufhäuser's Digital Asset Fund I will reportedly cover 85% of the total crypto asset market
Standard Chartered, Philippines Bank Issue $187M Blockchain Bond
7.12.2020
The proof-of-concept issuance of tokenized bonds was carried out on a blockchain platform built by Standard Chartered's fintech investment unit
Nigeria’s Yellow Card Processes $165 Million in Crypto Remittances So Far This Year
7.12.2020
Nigerian crypto startup Yellow Card says it processed over $165 million in volume during the first eleven months of this year. The figure represents a growth of more than 1,840% over the amount of remittances processed in the last six months of 2019. Launched in June 2019, Yellow Card enables...
New US stimulus, Brexit and $20K: 5 things to watch in Bitcoin this week
7.12.2020
A mountain of fresh U.S. debt contrasts with a mountain of institutional cash potentially set to flow into Bitcoin thanks to major FOMO
China Airdrops Digital Yuan Worth $3 Million — 10,000 Stores Will Accept It
6.12.2020
Twenty million yuan ($3 million) in China’s central bank digital currency will be given away to 100,000 people in the country’s largest test of the digital yuan to date. The digital currency will be accepted at 100,000 stores, including JD.com, one of China’s largest online...
Bitcoin Cash Proponent Tattoos Forearm to Spread Digital Cash Awareness
6.12.2020
In order to spread the message about peer-to-peer electronic cash, some people talk about cryptocurrencies on a daily basis or wear t-shirts that display the bitcoin logo. Digital currency proponent, David Valenz, has taken the message spreading to a whole new level when he got a large tattoo...