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Bank of Russia Fields Banking Industry Concerns Over Digital Ruble Proposal
27.11.2020
Russian banks fear being left out of the central bank's proposed digital currency system, according to a report
Former Microsoft Engineer Says Nigerian Expatriates Are Using Bitcoin to Circumvent Country’s Overvalued Exchange Rate
26.11.2020
A former Microsoft software engineer and co-founder of Buycoins Africa Tomiwa Lasebikan says some Nigerians expatriates are now using bitcoin to circumvent the country’s overvalued exchange rate when sending remittances. According to Lasebikan, the Central Bank of Nigeria (CBN)’s fixed...
South Korea’s Banking Giant to Co-create ‘Crypto Bank’ for Exchanges
26.11.2020
South Korean banks are rapidly stepping up their crypto game, with Kookmin (KB), one of the biggest commercial banks in the country, co-creating a “digital asset management company” with a number of the nation’s leading blockchain players that will safeguard the bitcoin (BTC) holdings of corporate...
Remitano Makes Cross-Border Money Transfer Much Easier With New “Cash-Out” Feature
24.11.2020
PRESS RELEASE. To simplify banking and meet its users’ Remittance needs across the globe, Remitano, a global escrow-marketplace, has just launched a smart, free, and safe approach for cross-border money transfers. This system will allow users to send and receive money from other countries...
Chinese banking giant withdraws $3B blockchain bond from listing
23.11.2020
The $3 billion blockchain bond has been effectively cancelled
Multiparty computation: The Trojan Horse of crypto regulation
22.11.2020
MPC is a regulated, fee-centric model that is almost an exact replica of today’s banking system
US Regulator Seeks End to Bank Deplatforming of ‘Disfavored’ Industries (Like Crypto)
21.11.2020
Call it the CPR for Operation Choke Point
Crypto cross-border payments, explained
20.11.2020
What are the main advantages that crypto can offer when making cross-border payments, and what are the main challenges for consumers?
Japan’s Banking Giant MUFG Plans to Launch Blockchain Payment Network in 2021
20.11.2020
Japanese banking giant MUFG plans to launch its blockchain payment network across the country in 2021 with U.S.-based fintech company Akamai
Gemini Exchange Is Using ClearBank for UK Banking Services
19.11.2020
Gemini announced it was expanding into the United Kingdom in late September
Comptroller reveals path for crypto companies to become banks
18.11.2020
Firms could potentially become federally chartered banks allowed to provide crypto custody services by converting their business charters
Blockchain Bites: Bitcoin’s Run, Uniswap’s Hemorrhaging Value, Anchorage’s Banking Bid
17.11.2020
Bitcoin is nearing all-time highs in price and market cap last set three years ago
Custodian Anchorage Seeks Charter From Crypto-Friendly US Bank Regulator OCC
17.11.2020
If its application is approved, Anchorage would be the first crypto company to get a national bank charter
Printing $1.7 Trillion for Climate Change: How Joe Biden’s Administration Aims to Push the ‘Green New Deal’
13.11.2020
In 2020, the U.S. Federal Reserve has injected an enormous amount of U.S. dollars to special interests in the banking sector in order to combat the economic effects stemming from the coronavirus outbreak. This week the central bank published its financial stability report and the Fed discussed...
This Crypto Custody Breakthrough Will Bring Banks Closer to Digital Assets
13.11.2020
Shard X is claiming to be the first company to successfully run multi-party computation (MPC) on hardware security modules (HSMs)
The Case for Bitcoin Banking (Despite Cred’s Bankruptcy)
10.11.2020
The failure of a Bitcoin bank reinforces the merit of a Bitcoin-based financial system, says our columnist
Former NFL Player’s Lawyers Seek to Withdraw From Crypto ‘Shadow Banking’ Case
10.11.2020
Lawyers of embattled former NFL player and investor Reginald Fowler have filed a motion to withdraw as his representative counsel
Binance.US Joins SEN, Silvergate’s 24/7 Crypto Trading Club
9.11.2020
Binance.US has joined the Silvergate Exchange Network (SEN), a 24/7 instant settlement network operated by Silvergate Bank
Blockchain Bites: Figure Files for Banking Charter, Cred for Bankruptcy
9.11.2020
Also: Ripple is opening a new office in Dubai and President-elect Joe Biden mulls two crypto-friendly potential cabinet picks
Federal Reserve Staff Sluiced Wall Street Bankers With Trillions From the Comfort of Their Mansions
3.11.2020
While American citizens wait for bureaucrats to pass a new coronavirus relief package, the Federal Reserve has continued to serve corporate interests and the banking cartel. Behind the curtains from the comfort of their own mansions, members of the Fed have given more stimulus to crony Wall Street...