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The Stablecoin Surge Is Built on Smoke and Mirrors
4.5.2020
Are stablecoins fully backed by reserves? Are they FDIC-insured? Stablecoins may be too good to be true, says our columnist
No Global Central Bank Is Working on Retail Digital Currency Use, Says R3
1.5.2020
R3 claims that no central bank is currently pursuing the development of a retail CBDC
Banking the Unbanked: How the Crypto Community Can Make a Big Impact
30.4.2020
For tech-savvy young adults in communities often overlooked by traditional big business, the crypto and blockchain industry offers opportunities that others don't
Caitlin Long on Banking Backdrop, Stifled Regulation to Serve Crypto
30.4.2020
Speaking to Cointelegraph during Virtual Blockchain Week, Caitlin Long predicted an oncoming wave of institutional investment
Russian Banking Disclosure May Drive More Citizens to Crypto
30.4.2020
The Russian government has revealed plans that could see it gain access to citizens’ confidential banking data – in a development that some think will drive Russians a step closer to cryptocurrencies.
The move comes shortly after forecasts indicated that socially distancing Russians, whose...
Silvergate Adds 46 More Crypto Clients in Q1 While Existing Customers Increase Deposit Levels
29.4.2020
Silvergate Bank added 46 crypto customers in the first quarter and saw fee income and deposits increase from those customers because of “Black Thursday,” according to its earnings report released before market open on Wednesday
Japanese Financial Giant SBI and SMFG to Partner for Digital Banking
28.4.2020
According to the Nikkei newspaper, SMFG will acquire a 20% stake in an SBI Holdings subsidiary to facilitate the partnership
Crypto Firm Deposits Jump 24% in Q1 at Metropolitan Commercial Bank
24.4.2020
Crypto-friendly Metropolitan Commercial Bank reported $25 million more in deposits from crypto customers in the first quarter of 2020
Crypto Banks Answer the Call Amid Coronavirus-Fueled Economic Decline
24.4.2020
Despite the economic chaos worldwide, some crypto banks are going strong: “We currently have the largest holding of crypto than we’ve ever had and are in a strong position to continue innovating”
A Major Chinese Bank Unveils the Banking Sector’s First Blockchain White Paper
21.4.2020
The Industrial and Commercial Bank of China is the world’s largest lender by assets, and they’ve just released a crypto white paper
Americans Purchase $1,200 Worth of Bitcoin, While 7 Banks Fumble With Stimulus Payments
20.4.2020
For years now, bitcoiners and cryptocurrency proponents have said the antiquated banking system will not continue to survive for very long and the financial system is showing massive cracks these days. The recent stimulus check fiasco is a prime example of the issue, as customers from PNC, JPMorgan...
World Bank Digs Deeper Into DLT and FinTech for Financial Inclusion
14.4.2020
The World Bank Group outlines new tech like DLT and stablecoins as crucial for financial inclusion
Exchange Banking on TON’s Gram Tokens to Shut Down After Telegram Court Order
13.4.2020
Blackmoon Crypto, a small exchange hoping to grow its clientele by becoming the first to list Telegram's tokens, is shutting down just weeks after a judge barred any token issuance
BTC to INR: P2P Bitcoin Marketplaces Growing in India
9.4.2020
Ever since the supreme court quashed the banking restriction imposed by the central bank, interest in cryptocurrency has been rising in India, including on peer-to-peer (P2P) marketplaces. The local crypto community is growing despite the nationwide lockdown and rising covid-19 threat. Also read:...
Crypto Trading Volumes Rise in India After Banking Crisis, COVID-19 Lockdown
9.4.2020
A nationwide coronavirus lockdown, a local banking crisis and a favorable court ruling have created a trifecta for crypto trading volumes in India
Banking API Platform Sila Raises $7.7M on Promise of Programmable Money
8.4.2020
The $7.7 million round from Madrona Venture Group and others will help Sila bring bespoke stablecoins to fintech entrepreneurs
Private Companies Could Play Role in CBDC Issuance, Bank of England Says
7.4.2020
Analysts from the U.K.'s central bank said private currencies could work alongside any future CBDC initiative if they offered real utility
Adv Ashim Sood: “We Argued That RBI Has No Power to Impose a Banking Ban on Crypto”
7.4.2020
The banking ban RBI imposed on the crypto industry in April 2018 was recently struck down by the Supreme Court. This brought joy and happiness to thousands of the Indian crypto community members, and the man responsible for the success was Adv Ashim Sood, who represented IAMAI in the petition....
Germany’s Crypto Custody Law Hits a Snag: Startups Can’t Get Bank Accounts
7.4.2020
Even though the crypto custody law falls under the German banking act, German banks are hesitant to give crypto firms bank accounts
Coinhouse Wins First Crypto License From French Regulator
6.4.2020
Coinhouse's new status with the Financial Markets Authority should help the firm get banking services in France and bigger institutional clients