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Nalezeno "US Banking": 2174

Another Case for Bitcoin as Lebanon Reportedly Targets Depositors’ Fiat

2.2.2022
  Lebanon allegedly plans to forcibly convert foreign currency holdings to its floundering pound (LBP), once again building a case for Bitcoin (BTC).  Earlier this week, Reuters reported that it had seen a government “blueprint” plan designed to fight the ongoing financial crisis. The plan,...

Meta Says Adios to Diem – But Its Buyer Wants to Launch a Token of its Own

1.2.2022
  Meta, the company formerly known as Facebook, is set to wash its hands of its ill-fated Diem stablecoin plans once and for all – but there may yet be a twist in the tale as the firm that will buy the coin’s assets and intellectual property (IP) could yet launch a token of its own. Silvergate...

ADALend: Major Developments on the Horizon

31.1.2022
ADALend’s mission is to democratize the lending industry by using the Cardano blockchain to eliminate the traditional banking middlemen. This will be accomplished through the development of a platform that connects borrowers, and lenders in a decentralized manner. With the help of blockchain...

JPMorgan Chase Closes Uniswap Founder's Bank Accounts & Offers Help

24.1.2022
Hayden Adams. Source: A video screenshot, Youtube/Fluidity Hayden Adams, the creator of major decentralized exchange Uniswap, said that American banking giant JPMorgan Chase closed his banking accounts with “no notice or explanation.”  "I know many individuals and companies who have been...

Union Bank of Philippines to Offer Crypto Trading and Custodial Services

23.1.2022
One of the largest banks in the Philippines, Unionbank, is reportedly launching cryptocurrency trading and custodial services. “It’s a way to future-proof our banking business,” said a Unionbank executive. Philippines’ Unionbank to Offer Crypto Trading and Custodial...

NYCB and Group of Banks Join to Launch USDF Stablecoin

14.1.2022
A group of U.S.-based banks is launching their own stablecoin, USDF. The stablecoin will be issued by the USDF Consortium, which will allow its members (financial and banking institutions) to issue USDF. The proposed stablecoin will be the first currency of its kind to be minted by FDIC-insured...

Revolut Launches Banking Services in Spain Featuring Deposit Insurance

14.1.2022
Revolut, a leading fintech platform and neobank, has received a special banking license to operate in Spain. User deposits are now insured up to €100K, with the coverage being provided by Deposit and Investment Insurance, a Lithuanian state company. The company, which now has over 800,000...

How DeFi Can Help Narrow Wealth Gap

13.1.2022
  Hisham Khan, CEO of Aldrin, a Solana-powered crypto exchange._____ In 2021, we saw crypto become more accessible to those who truly need it. In 2022, we could finally see the wealth gap start to narrow. While a significant portion fueling the adoption of crypto has been hype and speculation...

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