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Billionaire Stan Druckenmiller Discusses Cryptocurrency Having ‘Big Role in a Renaissance’ — ‘People Aren’t Going to Trust Central Banks’
30.9.2022
Renowned billionaire hedge fund manager Stanley Druckenmiller says he could see cryptocurrency “having a big role in a Renaissance because people just aren’t going to trust the central banks.” He added that he will be “stunned” if the U.S. isn’t in...
China, Hong Kong, Thailand, and UAE Trial Cross-Border Transactions With Digital Currencies
29.9.2022
The monetary authorities of four jurisdictions in Asia have carried out tests with international settlements using state-issued digital currencies. Cross-border payments and foreign exchange transactions totaling over $22 million were made as part of the pilot project with the participation of...
Crypto startup to save iconic fiat money sculpture with 1M euros funding
29.9.2022
Crypto industry is coming to save the troubled Euro monument in Frankfurt after traditional banks refused to support the symbol of Eurozone decision-making
Israel, Norway and Sweden's central banks partner with BIS to explore CBDC
28.9.2022
The Project Icebreaker initiative aimed to improve cross-border payments by reducing costs and increasing speed and transparency, with a final report expected in Q1 2023
Thai SEC Comes After Bitkub Exchange, OpenSea Rewards Whitehats, BIS Working With (at Least) 7 Central Banks on CBDC Projects + More News
28.9.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Thai SEC Comes After Bitkub Exchange, OpenSea Rewards Whitehats, BIS Working With (at Least) 7 Central Banks on CBDC...
Central Banks of Israel, Norway and Sweden Team Up to Explore Retail CBDC
28.9.2022
Results of the project, run by the Bank for International Settlements, are expected in the first quarter of 2023
Vietnam’s crypto adoption: Factors driving growth in Southeast Asia
27.9.2022
Vietnam has the highest crypto adoption rate in the world. There are numerous factors driving the trend
TD Securities Analyst Says Gold Sell-off May Not Be Over — Carry and Opportunity Cost Could ‘Drive Capital Away’
26.9.2022
Precious metals markets continue to flounder this week as gold’s value per troy ounce has slid by 6.53% in value against the U.S. dollar during the last month, while silver has shed 2.34% in 30 days. Amid the raging inflation worldwide and the hawkish central banks, gold and silver prices...
Institutional crypto custody: How banks are housing digital assets
26.9.2022
Large financial institutions are getting involved in digital assets by investing capital, time and effort into custody technology solutions
Erdogan Suggests Turkish-Russian Payment System, Local Media Reports
24.9.2022
Turkish President Recep Tayyip Erdogan is reportedly pushing for Turkey and Russia to establish a new payment system between them. The initiative comes amid U.S. pressure against the use of the Russian Mir cards in Turkey. Some Turkish banks have been working with them to facilitate payments...
Republican Lawmakers File Amicus Brief in Support of Custodia Bank’s Legal Battle With the Federal Reserve
22.9.2022
Six U.S. Republican lawmakers have thrown their weight behind Custodia Bank in its ongoing legal battle to get a master account at the Federal Reserve
JPMorgan CEO calls crypto 'decentralized Ponzi schemes'
22.9.2022
JPMorgan CEO Jamie Dimon regards crypto as a tale of two cities, with "crypto tokens that you call currencies" on one side and "real" innovations on the other
Digital bank FV Bank integrates USDC stablecoin for direct deposits
21.9.2022
Apart from USDC support, FV Bank also plans to launch a custody service in Q4 2022, targeting major coins like Bitcoin and Ethereum
Crypto Biz: The biggest problem with DeFi isn’t what you think
16.9.2022
Decentralized finance still has a ways to go before it can attract institutional capital. Meanwhile, Fireblocks has become a 9-figure revenue-generating company
SEC's Crypto Guidance Pushes US Banks to Rethink Custody Projects: Report
16.9.2022
The guidance suggests that customers' crypto assets should be treated as liabilities by lenders, which could be "prohibitively costly" for banks
HSBC’s CEO Explains Why Crypto Is Not in the Banking Giant’s Future
16.9.2022
Banking giant HSBC will not be offering crypto services, according to CEO Noel Quinn. Noting that HSBC is more negative on crypto than other banks, the executive stressed: “I do worry about the sustainability of the valuations of crypto.” HSBC Will Not Get Into Crypto, CEO Says...
Crypto for foreign trade: What do we know about Iran’s new strategy
15.9.2022
Iran has decided to legalize the use of crypto in cross-border payments, which could impact how some countries view crypto
Central Bank of Argentina Issues New Compliance Rules for Digital Wallets
15.9.2022
The Central Bank of Argentina has issued a new set of rules for operators of digital wallets in the country. Customers of companies like Uala, a wallet popular in Argentina, will now be qualified as financial users, having new protections similar to those offered by banks and other financial...
Abra announces plans for US bank supporting digital assets
12.9.2022
Abra announced its international venture and U.S. bank would work with officials to ensure regulatory and legal compliance and planned to launch in 2022 and 2023, respectively
While the banks were closed, Bitcoin reached 5,000 days online
12.9.2022
Bitcoin celebrates a milestone of 5,000 days online on Sept 12, 2022, as miners continue to solve valid blocks on average every 10 minutes