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Bitcoin-Friendly Top US Banking Regulator Aims to Solve Banks’ Problems With Decentralization
14.6.2020
The new top banking regulator for the Trump administration sees “huge and great promise” in cryptocurrency. Focusing on decentralized networks, bitcoin, and rewriting existing regulations, he shares his views on cryptocurrency and the creation of the digital dollar. Top US Banking...
This Liechtenstein Bank Can Now Custody Crypto
12.6.2020
Mason Privatbank Liechtenstein is aiming to cater to both crypto-focused investors and asset managers who are looking to diversify their portfolios
Indian Government Reconsiders Banning Cryptocurrency: Report
12.6.2020
The Indian government is reportedly reconsidering a plan to ban cryptocurrency and the finance ministry has initiated related inter-ministerial consultations. The move is supposedly spurred by the supreme court quashing the banking ban imposed by the central bank, the Reserve Bank of India (RBI)....
Coinbase’s Ex-Lead Lawyer Sold $4.6M in Stock to Lead US Banking Watchdog
10.6.2020
Brian Brooks left Coinbase to lead the U.S. Office of the Comptroller of the Currency last month
First Turkish-German Trade Finance Transaction on Distributed Ledger Technology
7.6.2020
Turkish İşbank and German Commerzbank completed the first blockchain-based trade finance transaction between the two countries
How Bitcoin Fits Into Lebanon’s Banking Crisis
5.6.2020
Lebanon's crisis has been raging for years, but the devaluation of the Lebanese pound and a global downturn has made stable financial services even more urgent
Blockchain Bites: Why UN and Federal Reserve Experts Think CBDCs Could Kill Commercial Banking
5.6.2020
U.N. and Federal Reserve experts think CBDCs can compete with commercial banks, New York and France enter a regulatory agreement while Europol has Wasabi Wallet concerns
Digital Currencies Could Replace Low-Interest Bank Accounts, Says UN Expert
5.6.2020
Low-interest rates have removed one of the few remaining incentives for holding a bank account, meaning digital currency could be a better alternative, argues a UN expert
Central Bank Digital Currencies Endanger Private Banks, Says Federal Reserve
5.6.2020
Central bank digital currencies endanger private banks, warned the Federal Reserve Bank of Philadelphia
Fed Paper: Central Bank Digital Currencies Could Replace Commercial Banks – But at a Cost
5.6.2020
The research explores how "central banking for all" via digital currency could affect commercial banks
Crypto-Friendly Arival Bank Is Launching Today for Those Willing to Disclose Their Bags
4.6.2020
After two years of laying groundwork, crypto-friendly Arival Bank is launching in beta Thursday. But there’s a catch: clients must disclose all wallets
Caitlin Long’s Avanti Raises $5M, Submits Wyoming Banking Charter Application
2.6.2020
Crypto bank Avanti has raised an angel round from the University of Wyoming Foundation, Anthony Pompliano’s Morgan Creek Digital and other investors
Ethereum's Layers, Mining moves, Swiss Bitcoin Banking + More News
2.6.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Blockchain news
Ethereum (ETH) co-founder Vitalik Buterin said that the initial deployment of Ethereum's layer 2 scaling strategy...
Indian Banks Still Cryptophobic Despite No Banking Prohibition
31.5.2020
Here are the legal resources available to Indian crypto users and businesses if a bank has declined services out of cryptophobia
IMF Official Says Public-Private CBDC Offers Best of Both Worlds
28.5.2020
IMF expert says a synthetic CBDC is gaining popularity and will drive more innovation
Bitcoin May Be the Solution to Africa’s Broken Financial System
27.5.2020
According to a recent report, Africa’s lack of traditional financial infrastructure makes the region fertile ground for cryptocurrency adoption
Central Bank Digital Currencies Are Not a Replacement for Bitcoin: Grayscale
27.5.2020
Leading Bitcoin fund manager Grayscale Investments explains in its recent report that viewing CBDC as a Bitcoin replacement is incorrect
Brazilian Retailer Eyes Services for the Unbanked With Acquisition of FinTech Firm Airfox
27.5.2020
Via Varejo snapped up the Boston-based firm to further its aim of providing financial services to millions of unbanked Brazilians
India’s Central Bank Removes Lingering Confusion Over Banking for Crypto Firms
26.5.2020
India's commercial banks can indeed provide banking services to traders and firms dealing in cryptocurrencies, the RBI has clarified
RBI Confirms No Ban on Cryptocurrency Exchanges, Businesses or Traders in India
26.5.2020
India’s central bank, the Reserve Bank of India (RBI), has confirmed that there is no longer any banking ban on crypto exchanges, companies, or traders. This follows the supreme court decision to quash the RBI circular prohibiting banks from providing services to any customers dealing...