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Kraken Bank Starts Its Global Expansion From US + More News

16.9.2020
Source: a screenshot, Instagram/krakenfx Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news US-based major crypto exchange Kraken said that the State of Wyoming has approved Kraken’s...

49 US States Unveil Unified Regulation for Cryptocurrency Firms

16.9.2020
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...

Proposed Bermuda Bank Taps Anchorage as Digital Asset Custody Partner

16.9.2020
Under the partnership, Anchorage will provide digital asset custody services to Jewel, which is applying for its full bank license in Bermuda

Kraken Becomes First Crypto Exchange to Become a US Bank

16.9.2020
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...

Bahamas to Roll Out ‘Sand Dollar’ Digital Currency Next Month

16.9.2020
The Bahamas' "Sand Dollar" will likely be the world's first live central bank digital currency when it launches in October

Major Asian bank issues credit on SCB-backed blockchain

16.9.2020
Blockchain is helping companies from Vietnam and Thailand settle trades more smoothly

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

16.9.2020
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...

The Bahamas will launch a digital Central Bank ‘Sand Dollar’ in October

16.9.2020
The Central Bank of The Bahamas is planning to launch a national cryptocurrency across its entire archipelago next month

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

16.9.2020
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%...

Ternio Reveals BlockCard Users Can Now Purchase Bitcoin Directly From Their New BlockCard Bank Accounts

16.9.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com. ATLANTA, GA - September 16, 2020 - For Blockcard Account users who noticed recently that they can now activate their own Blockcard bank accounts, a new feature has just gone live: Buying Bitcoin (BTC) and Ternio...

Form design

15.9.2020
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...

Russia’s largest bank joins blockchain trade finance platform

15.9.2020
The Swiss arm of Russia’s largest bank is exploring blockchain-based trade finance

Macroeconomic Trends Boost Bitcoin and Gold, US Dollar Index Shows Bearish Double-Top

15.9.2020
According to a number of reports and commentary from financial analysts, the world is “drowning in U.S. dollars” after the Federal Reserve decided to pump billions of dollars into the hands of 14 central banks via liquidity swaps. Moreover, recent technical analysis shows...

Thai Central Bank’s New Blockchain-Enabled Bond Infrastructure Passes Test With $1.6B Bond Sale

14.9.2020
The central bank of Thailand announced on Friday it has launched the “DLT Scripless Bond Project” aimed at building a secure and efficient government bond infrastructure

The Crypto Firms Collaborating on a Swiss Franc Stablecoin

14.9.2020
“Coopetition” is an ungainly term at the best of times. But it appears that’s what’s happening among Swiss stablecoin issuers

No one can refuse China’s digital currency, says central bank exec

14.9.2020
The digital renminbi is legally compensatory to China’s fiat currency

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

13.9.2020
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...