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Wells Fargo files for Bitcoin fund


Wells Fargo is offering its wealthy clients indirect exposure to Bitcoin through a new fund issued in partnership with NYDIG and FS Investments

Homeowners Offered Crypto-Backed Loans to Finance Home Improvement Projects


As buying a home is by itself a serious investment, homeowners often lack the cash to fund further improvements to their property. While traditional bank loans are not as easily available, a new partnership now offers crypto holders to use their digital assets as collateral and instantly borrow...

Bank of Ghana Selects German Technology Firm as Partner for CBDC Project


The Bank of Ghana (BOG) says it has signed an agreement with Giesecke Devrient (GD) to implement a pilot central bank digital currency (CBDC) project. This pilot CBDC, which is a precursor to the e-cedi digital currency, is set to be tested with banks, payment service providers, merchants...

Circle Intends to Become a Full-Reserve National Commercial Bank


Circle, a cryptocurrency fintech services company, announced it intends to become a full-reserve national commercial bank. This would bring a set of responsibilities and duties to the company equal to those of other mainstream banks: having to report to the Federal Reserve, U.S. Treasury, OCC,...

Debunking the 4 Big Bitcoin Myths Promoted By Central Banks in 2021


It's 2021 and central bankers still can't figure out what to make of Bitcoin (BTC). Although many of them have dismissed the asset as a highly speculative bubble in the past, the cryptocurrency keeps growing in terms of price, general adoption, and a variety of other metrics. Due to the massive...

Court Orders Russia’s Sberbank to Unblock Crypto Trader’s Accounts


A court has ordered one of Russia’s largest banks to lift restrictions imposed on the accounts of a Russian citizen who was selling digital coins on cryptocurrency exchanges. The state-owned giant Sberbank will now have to unblock its client’s cards and restore his access to its online...

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