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49 US States Unveil Unified Regulation for Cryptocurrency Firms


The Conference of State Bank Supervisors, representing regulators from all U.S. states and territories, has launched a new regulatory framework for payments and cryptocurrency companies. One Set of Rules for All US States Regulators in 49 U.S. states have agreed to a single set of supervisory rules...

Kraken Becomes First Crypto Exchange to Become a US Bank


Kraken is the first cryptocurrency firm to become a bank. On Wednesday, the Wyoming Banking Board voted to approve the San Francisco-based crypto exchange’s application for a special purpose depository institution (SPDI) charter. Kraken is the first SPDI bank in Wyoming and according to the Wyoming...

China’s Digital Yuan to Defend State Monopoly on Money – Central Bank


Central bank digital currencies (CBDCs) like the Chinese digital yuan project may well bring centralization of money to a whole new level, an article by a top Chinese central bank official reveals. In the article, written by People’s Bank of China (PBoC) deputy governor Fan Yifei for the bank’s...

Report: Market Valuation of 14 Banking Giants Shed $635 Billion This Year


The world’s largest banks lost a considerable amount of market valuation amid the Covid-19 pandemic, according to a new report that estimates financial incumbents lost $635 billion. Between December 2019 and August 2020, the market caps of 14 major banking institutions lost upwards of 30-50%...

Form design


A very digestable guide from Geri Reid on building forms. Not the code, but the design and UX principles that should guide the code. Working on a design system for a bank has taught [me] a lot about forms. I’ve watched testing in our labs. I’ve worked alongside experts from specialist...

The Tell Tale Signs of a Scam Crypto Website: Bitcoin-Up.Live


From late March 2020, when the global pandemic Covid-19 paralysed many economies, the appeal of cryptocurrencies has grown. Several statistics show increased interest from downloaded wallet apps to peer-to-peer traded volumes. In many ways, this interest in bitcoin and altcoins is evidence that...

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