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Nalezeno "US Banking": 2206

Bitcoin Competing with the US Banking System


The Securities and Exchange Commission (SEC) Chairman Gary Gensler stated on Wednesday, 1st December that Bitcoin is a rival to the US financial system and its global consensus. Gensler spoke at the DACOM Summit 2021, a live-streamed regulatory and marketplace integrity event on Wednesday. The...

FMFW․Io Has Listed Crypto Perx (CPRX)


PRESS RELEASE. Crypto Perx will be listed, starting today, November 22nd on FMFW.io cryptocurrency exchange. It is a new utility token (ERC20) based on the Ethereum Blockchain. CRPX was developed by the Crypto Banking Alliance (CBA), also known as Auriga Alliance AG, and the first project having...

Russians to Pay Fees on Digital Ruble Transactions, Central Bank Says


Users of Russia’s central bank digital currency are going to pay a fee for each transaction, a high-ranking representative of Bank of Russia has recently announced. The digital ruble charge, however, is not going to exceed those currently applied to fast payments in the country. Bank...

A US Fed Governor Argues That Stablecoins Scaling Fast is Not a Concern


There is no reason to worry about fast-growing stablecoins if “sufficient competition” exists both within the industry and outside of it, a governor of the US Federal Reserve suggested in a speech this week.... Read More: A US Fed Governor Argues That Stablecoins Scaling Fast is Not a Concern

Play-to-Earn Games Offer Alternative for Unbanked in South East Asia


Crypto-based play-to-earn games like Axie Infinity (AXS) are paving the way for unbanked people in some countries in South East Asia to bypass dealing with banks altogether, and instead rely on their play-to-earn accounts, panelists at a discussion about blockchain gaming in South East Asia...

Interest Rates: Why the Era of Cheap Money Is Finally Ending


John Whittaker, Senior Teaching Fellow in Economics, Lancaster University.____ The Bank of England was widely expected to slightly increase its official bank rate on November 4, but it decided to stick to the all-time low of 0.1%. However, the bank has made it clear that a rise will soon...

Report: Traditional Banks in Africa Hold Trust Advantage Over Fintechs


A recent report by CR2 on Africa’s fintech transformation suggests traditional financial institutions can still be a part of the fintech financial revolution if they leverage one of their most significant assets: client trust. Partnerships Between Banks and Fintechs The report urges...

Digital Ruble to Give Russians What They Need, Bank of Russia Governor Says


The digital ruble is what Russian citizens need as it will facilitate inexpensive and reliable payments, the head of Bank of Russia, Elvira Nabiullina, told participants in an international banking forum. The governor also warned that cryptocurrencies and fiat-backed stablecoins create risks...

Indiana’s Star Bank Launches Bitcoin Trading Services


Star Financial Bank (Star Bank) says it has become the first bank in the U.S. state of Indiana to offer bitcoin services to customers. The services will be offered through the New York Digital Investment Group and Alkami platform. Customers will have the ability to buy and sell bitcoin via the Star...

ADALend Ignites the Defi Space


ADALend is a scalable and decentralized lending protocol governed by a decentralized autonomous organization (DAO). ADALend will offer various features that will provide its users with decentralized financial instruments accessible to everyone with access to the internet, without the complicated...

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