Banks

Central bank digital currencies are a digital representation of a country’s fiat currency. They are effectively a government-issued cryptocurrency designed to replace the traditional, physical form of fiat currencies. The …

Co-founder and partner at hedge fund Morgan Creek Digital, Jason Williams, predicted that famous investor and business tycoon Warren Buffett will buy Bitcoin (BTC). In a tweet sent on Aug. …

Crypto cards have become a must-have for many crypto services. Hoping to reduce the risk of blocking transactions, companies have been looking again and again for reason why their customers …

Controversial German payments processor Wirecard — the issuer of several crypto debit cards — has been implicated in a new report on alleged criminal activities by a Mastercard executive operating …

Recent regulatory approval for banking crypto custody comes after a Coinbase alum took a prominent seat as the Acting Comptroller of the Currency for the the Office of the Comptroller …

Major international banks like Credit Suisse and HSBC are reportedly scrutinizing their Hong Kong clients amid the ongoing protests over China-backed national security law. According to a July 19 report …

Mitsubishi UFJ Financial Group, or MUFGt, the fifth largest bank in the world, is reportedly planning to issue its own digital currency in the second half of 2020. Initiated back …

The Bank of England is considering issuance of a CBDC according to its governor, Andrew Bailey. Bloomberg reports that during a student webinar, the head of the Bank of England …

South Korea’s NH NongHyup Bank has announced a new consortium with a local law firm and a blockchain laboratory to jointly develop digital asset-based financial services. According to the Korea …

Decentralized finance, commonly referred to as DeFi, has grabbed the attention of mainstream financial and technology audiences alike. While the sector has been applauded for bringing about innovative digital finance …

JPMorgan would have to move to Wyoming to protect itself from million-dollar Bitcoin (BTC), one of the United States’ most successful legislators has warned. Speaking on financial news show the …

In a June 4 announcement, the Office of the Comptroller of the Currency (OCC) is looking for banks and crypto firms to weigh in on how the two can interact.  …

In a recent response to a Right to Information query, the Reserve Bank of India, the Indian central bank, has stated that there is no prohibition on banks to provide …

Per a May 20 announcement from Banque de France, France has become the first country to successfully trial a digital euro, operational on a blockchain, following a call for new …

Chair of the United States Federal Reserve Jerome Powell recently spoke about measures taken during the financial crisis, with many on Twitter viewing his remarks as evidence of the need …

All 80,000 users of German neobank Bitwala can now purchase, hold and earn interest on Bitcoin (BTC) in their bank accounts thanks to a new partnership with cryptocurrency lending platform …

Gold’s history as a symbol of value dwarfs that of any other artifact. Used as money in both ancient Greece and the Roman empire, gold was also the preferred method …

China-based digital bank, WeBank, rose to third place for number of Blockchain patents filed globally in 2019. Alibaba and Tencent took the first and second places respectively. According to the …

Blockchain and cryptocurrency venture capital firm Multicoin Capital has led a $1.5 million seed round for Chinese decentralized finance (DeFi) protocol dForce.  Mable Jiang, the principal of crypto venture capital …

The Federal Deposit Insurance Corporation, or FDIC, recently posted a video urging the public not to rush to banks for cash withdrawals. Does this relate to crypto? “Your money is …

US banking giant Wells Fargo has the capacity to provide about $384 billion of additional loans to small and medium-sized businesses (SMEs) and individuals, which is especially relevant during the …