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OCC works to win back House Democrats, still miffed at leader's focus on crypto
3.12.2020
Acting Comptroller Brian Brooks continues his work to reach across the aisle with pledges from major players to support minority-owned banks
Stripe will offer bank accounts, with help from Goldman Sachs and Citi
3.12.2020
But only for vendors, so retail users will have to wait
Russia’s Alfa-Bank offers blockchain platform for freelancers
1.12.2020
Tutors, taxi drivers and repairmen will be able to take advantage of Alfa-Bank's blockchain-based services
Banking Giant Sberbank May Launch Token, Digital Asset Trading Platform
1.12.2020
Source: iStock/-lvinst-
Leading Russian lender Sberbank has hinted that it is on the verge of issuing its own cryptoasset and will seek to launch a blockchain-based platform that will enable its customers to buy digital financial assets.
The token will be named Sbercoin, and Herman Gref, President...
Bank of Russia Fields Banking Industry Concerns Over Digital Ruble Proposal
27.11.2020
Russian banks fear being left out of the central bank's proposed digital currency system, according to a report
Former Microsoft Engineer Says Nigerian Expatriates Are Using Bitcoin to Circumvent Country’s Overvalued Exchange Rate
26.11.2020
A former Microsoft software engineer and co-founder of Buycoins Africa Tomiwa Lasebikan says some Nigerians expatriates are now using bitcoin to circumvent the country’s overvalued exchange rate when sending remittances. According to Lasebikan, the Central Bank of Nigeria (CBN)’s fixed...
South Korea’s Banking Giant to Co-create ‘Crypto Bank’ for Exchanges
26.11.2020
South Korean banks are rapidly stepping up their crypto game, with Kookmin (KB), one of the biggest commercial banks in the country, co-creating a “digital asset management company” with a number of the nation’s leading blockchain players that will safeguard the bitcoin (BTC) holdings of corporate...
Remitano Makes Cross-Border Money Transfer Much Easier With New “Cash-Out” Feature
24.11.2020
PRESS RELEASE. To simplify banking and meet its users’ Remittance needs across the globe, Remitano, a global escrow-marketplace, has just launched a smart, free, and safe approach for cross-border money transfers. This system will allow users to send and receive money from other countries...
Chinese banking giant withdraws $3B blockchain bond from listing
23.11.2020
The $3 billion blockchain bond has been effectively cancelled
Multiparty computation: The Trojan Horse of crypto regulation
22.11.2020
MPC is a regulated, fee-centric model that is almost an exact replica of today’s banking system
US Regulator Seeks End to Bank Deplatforming of ‘Disfavored’ Industries (Like Crypto)
21.11.2020
Call it the CPR for Operation Choke Point
Crypto cross-border payments, explained
20.11.2020
What are the main advantages that crypto can offer when making cross-border payments, and what are the main challenges for consumers?
Japan’s Banking Giant MUFG Plans to Launch Blockchain Payment Network in 2021
20.11.2020
Japanese banking giant MUFG plans to launch its blockchain payment network across the country in 2021 with U.S.-based fintech company Akamai
Gemini Exchange Is Using ClearBank for UK Banking Services
19.11.2020
Gemini announced it was expanding into the United Kingdom in late September
Comptroller reveals path for crypto companies to become banks
18.11.2020
Firms could potentially become federally chartered banks allowed to provide crypto custody services by converting their business charters
Blockchain Bites: Bitcoin’s Run, Uniswap’s Hemorrhaging Value, Anchorage’s Banking Bid
17.11.2020
Bitcoin is nearing all-time highs in price and market cap last set three years ago
Custodian Anchorage Seeks Charter From Crypto-Friendly US Bank Regulator OCC
17.11.2020
If its application is approved, Anchorage would be the first crypto company to get a national bank charter
Printing $1.7 Trillion for Climate Change: How Joe Biden’s Administration Aims to Push the ‘Green New Deal’
13.11.2020
In 2020, the U.S. Federal Reserve has injected an enormous amount of U.S. dollars to special interests in the banking sector in order to combat the economic effects stemming from the coronavirus outbreak. This week the central bank published its financial stability report and the Fed discussed...
This Crypto Custody Breakthrough Will Bring Banks Closer to Digital Assets
13.11.2020
Shard X is claiming to be the first company to successfully run multi-party computation (MPC) on hardware security modules (HSMs)
The Case for Bitcoin Banking (Despite Cred’s Bankruptcy)
10.11.2020
The failure of a Bitcoin bank reinforces the merit of a Bitcoin-based financial system, says our columnist