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ECB’s Disparaging Comments on Bitcoin Draw the Ire of Crypto Community


On February 22, the European Central Bank (ECB) described Bitcoin as a 'dead cat' and criticized its use in criminal activities on the darknet. These remarks have ignited a backlash from the crypto community, questioning the ECB's stance and credibility. The post ECB’s Disparaging Comments...

European Central Bank criticizes the US SEC’s Bitcoin ETF approval


Long story short, the European Central Bank remains wary, if not a supporter, of Bitcoin, despite the US SEC’s recent approval of the Spot Bitcoin ETF applications. This is based on a blog post by Ulrich Bindseil and Jürgen Schaaf, who advocate for ETF approval for Bitcoin, the naked...

Switzerland’s PostFinance Starts Offering Crypto in Partnership With Sygnum


Switzerland’s PostFinance has partnered with the crypto bank Sygnum to launch a new retail cryptocurrency for its 2.5 million customers on Wednesday, as digital assets become an “integral part” of the financial world. The post Switzerland’s PostFinance Starts Offering Crypto in Partnership...

Car Buyers in China Now Can Pre-Pay with Digital Yuan Smart Contracts


China’s Shenzhen has introduced a new era of automotive purchasing with digital yuan smart contracts, offering enhanced pre-payment security for car buyers in collaboration with Agricultural Bank of China. The post Car Buyers in China Now Can Pre-Pay with Digital Yuan Smart Contracts appeared first...

Nigerian Microfinance Bank Carbon Acquires Fintech Startup Vella Finance


Vella Finance, a Nigerian fintech startup, was recently bought by the microfinance bank Carbon. The acquisition of the fintech startup paves for Carbon to launch a new banking platform targeting Nigerian businesses. New Business to Leverage Artificial Intelligence The Nigerian microfinance bank...

Citi Innovates with Avalanche Blockchain to Tokenize Private Equity Funds


Big four American banking giant Citi has just completed a proof-of-concept (PoC) to tokenize traditional finance (TradFi) assets and distribute them on blockchain. The multinational investment bank and financial services corporation used Avalanche’s Evergreen subnet Spruce “for...

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