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JPMorgan Provides Banking Services to Crypto Exchanges Coinbase and Gemini
12.5.2020
Coinbase and Gemini reportedly had their accounts approved with JPMorgan Chase in April
UAE Bank Opens Bangladesh Remittance Corridor using Ripple’s Blockchain Tech
12.5.2020
RAKBank aims to speed up remittances for Bangladeshi expats after integrating with RippleNet
Main Barrier to CBDC Is Philosophy, Not Tech, Says European Central Bank Rep
11.5.2020
ECB executive board, Yves Mersch, believes that the main impediment for CBDC is philosophical rather than technological
US Banking Regulator Suggests Federal Licensing Framework for Crypto Firms
11.5.2020
Brian Brooks, now a US banking regulator, said creating a federal license for crypto startups might make more sense than subjecting them to 50 different state money transmitter approvals
Virtual Consensus 2020 Kicks Off with ECB Official Discussing CBDC
11.5.2020
Major crypto event, Consensus: Distributed, kicks off virtually, with ECB board member Yves Mersch discussing central bank digital currencies
Bitcoin Suisse Sells 20% Stake to Raise $47 Million: Crypto Valley Broker Aims To Expand Into Banking
8.5.2020
Crypto valley firm Bitcoin Suisse has announced plans to sell a 20% stake in the company. The sale is expected to raise 46 million Swiss francs ($47.38 million). Bitcoin Suisse said it intends to use the money to expand its portfolio to banking services in Switzerland and Liechtenstein, according...
Bitcoin Suisse Seeks $50M to Become a Crypto Bank Unicorn
8.5.2020
Bitcoin Suisse is looking for almost $50 million of funding from investors to pursue expansion plans, which include moving into the banking sector
New Cryptocurrency Exchanges Launch in India as Businesses Seek Answers From RBI
8.5.2020
The Indian cryptocurrency industry has been growing rapidly despite the nationwide lockdown and the coronavirus crisis. Two new cryptocurrency trading platforms are launching in India while existing crypto businesses seek clarification from the central bank, the Reserve Bank of India (RBI)....
Dollar Vigilante Founder Talks Covid-19 and Economic Crisis: ‘The Modern Financial System Is at the End of It’s Rope’
7.5.2020
Jeff Berwick is an entrepreneur with a lot to say these days and he’s released a number of videos discussing the coronavirus pandemic and the government-induced lockdowns. Berwick is the founder of The Dollar Vigilante, an anarcho-capitalist media outlet focusing on gold, silver, mining...
Irish Crypto Firms Squeezed by Bank Account Closures, Regulatory Delays
6.5.2020
A delay in transposing the EU's 5AMLD into local law has given crypto companies no recourse after Irish banks closed their accounts
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