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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
2 American Banks Have Failed Since Coronavirus Started Spreading in the US
6.4.2020
Since the coronavirus started spreading in the U.S., two banks have failed and were shut down by state banking authorities. One was a bank in West Virginia and the other was in the state of Nebraska. The governor of West Virginia has already issued a stay-at-home order due to rising covid-19 cases....
Coronavirus Encourages CBDC Developments: Deutsche Bank Strategist
6.4.2020
Deutsche Bank macro strategist Marion Laboure believes that the risk of cash spreading the coronavirus will probably result in a push for digital currencies
BRI Remittance Brings Digital Identity to Banking With Blockchain Partnership
4.4.2020
Blockchain-based digital identity solutions are in fashion — an Indonesian bank has become the latest to drive business growth and facilitate 24-hour remittances
R3 Teams With Custodian Hex Trust to Help Asian Banks Sell Security Tokens
3.4.2020
Hong Kong-based Hex Trust is partnering with the enterprise blockchain company to offer banking clients another option for issuing security tokens
Is Blockchain Necessary? An Unbiased Perspective
3.4.2020
Is blockchain tech an inevitable part of the future? What are the pros and cons for its implementation?
U.S. Crypto ATM Network Helps to Promote Social Distancing
1.4.2020
Bitcoin Depot, a sizable crypto ATM network, powers down several machines to decrease coronavirus spreading
After 14 Years in Investment Banking, I Joined the Crypto Industry
27.3.2020
If you want to change the traditional finance industry for a crypto startup world, here is what you should know
HSBC Puts $10B of Private Placements on R3’s Corda Blockchain
27.3.2020
HSBC is using blockchain as opposed to a traditional database because it plans to tokenize the $10B in private placements after it digitizes them
Cryptocurrency is a Failure as a Currency Says Brazil's Banking Chief
27.3.2020
Bitcoin isn’t even much good as a store of value says the President of the Brazilian Banking Federation
Crypto-Friendly Bank Revolut Launches in the US
25.3.2020
The challenger bank reportedly has plans to offer its crypto buying service to US customers in the near future