2021-4-6 08:45 |
The cryptocurrency market has reached a major milestone, surpassing the value of publicly-traded American banks
Similar to Notcoin - Blum - Airdrops In 2024
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Bitcoin made a swift 20% recovery from the weekend’s bloodbath, while American banks prepare to post major losses in their upcoming quarterly reports.
2021-1-12 13:59 | |
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The Federal Reserve Board of Governors and several Federal Reserve Banks are actively working on the digital dollar. Legislation has proposed that each American could have an account at the Fed for transacting in the central bank digital currency.
2020-9-27 21:30 | |
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Federal Reserve Bank of Cleveland President Loretta Mester revealed that each American would receive digital dollars directly. She said, “Legislation has proposed that each American have an account at the Fed in which digital dollars could be deposited, as liabilities of the Federal Reserve Banks, which could be used for emergency payments.
2020-9-24 17:32 | |
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The cryptocurrency craze that has taken over central banks around the world has started taking a firm grasp in South American countries. According to recent information, the central bank of Brazil has now also developed a strong interest in digital currencies.
2020-8-26 15:34 | |
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On Wednesday, the Bitcoin and crypto market was treated with positive news from U. S. regulators. The Office of the Comptroller of the Currency (OCC) wrote on July 22nd that American banks are allowed to hold cryptographic keys.
2020-7-24 06:00 | |
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In a landmark statement yesterday, United States regulators said they may allow banks to provide custody solutions for Bitcoin and other cryptocurrencies for American citizens. The post U.
2020-7-23 11:30 | |
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It has been a long time coming, but US banks will finally be allowed to offer custodial services to clients. The Office of the Comptroller of the Currency has just announced that any American bank can hold digits assets for its customers.
2020-7-23 00:48 | |
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Bitcoin price wavered on Tuesday as traders awaited second-quarter earnings from the most prominent American banks. The reports expect to provide more details about the status of the US economy, which may indirectly impact the Bitcoin market.
2020-7-15 14:00 | |
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Federal American banking regulatory body OCC has requested feedback regarding potential crypto usage by banks while preparing adjustments in digital banking regulations
2020-6-5 17:54 | |
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The Federal Reserve System was created after the “Panic of 1907” and ever since its inception in 1913, the Fed is one of the most powerful modern central banks in the world. Moreover, the Fed has always been either celebrated or criticized for stepping in whenever the U.
2020-5-31 19:15 | |
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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.
2020-4-6 19:05 | |
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As the coronavirus outbreak causes havoc to the world economy, the U. S. is trying to prepare for the onslaught of new cases. U. S. politicians crafted shelter-in-place orders in various states and shut down a decent fraction of American industries.
2020-3-25 19:09 | |
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While Bitcoin was born independent of traditional finance, events taking place on Wall Street have become increasingly important to the cryptocurrency. This was proven today when the Federal Reserve made history, cutting its policy interest rate to zero percent, meaning that banks need to pay nothing to borrow money from the American central bank.
2020-3-16 01:51 | |
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Donald John Trump, the President of the United States, has met the leaders of prominent American banks hours after the World Health Organization declared a global pandemic. This is not... The post Trump Meets Bankers appeared first on Trustnodes.
2020-3-13 00:43 | |
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The Federal Reserve has done something that won’t sit well with the American public. Suddenly cutting interest rates due to the coronavirus is very telling of what is about to happen. It was to be expected, but banks are feeling a lot of pressure.
2020-3-4 07:00 | |
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American billionaire Ray Dalio might end up on the wrong side of history if he continues to dismiss Bitcoin
2020-1-22 10:04 | |
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While American President Donald Trump wages war with Iran, the U. S. Federal Reserve has continued to inject fresh capital into the hands of private banks by giving them $100 billion in overnight and 14-day repos on Tuesday.
2020-1-9 22:30 | |
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American credit card debt hit $1 trillion this year, surpassing 2008 crisis highs. Delinquencies are at four-year highs, while delinquencies at small banks hit record rates. Credit card interest rates are at all-time highs, making it harder than ever to pay back.
2019-11-15 18:49 | |
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Develop a comprehensive system of multiple investments aimed at the promotion and development of Agricultural, Livestock, Real Estate, Rural Tourism, Vineyards, Wineries and Special Products activities, among other businesses that will be developed with the passage of time in the Latin American region.
2019-10-16 12:33 | |
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Execs from some of the biggest U.S. banks reportedly told the Federal Reserve that Facebook’s Libra would pose a threat to monetary policies.
2019-10-3 15:30 | |
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Paypal, an American centralized payments services company has made it clear that it firmly believes in the potential of the social media giant’s global cryptocurrency project despite the intense scrutiny of governments and central banks on Libra, as well as the regulatory bottlenecks surrounding the cryptoasset, according to a Channelnewsasia report on September 14, 2019.
2019-9-16 12:20 | |
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Ever listened to This American Life, the mother of all storytelling podcasts? If not, you should. If yes, you know it’s a weekly podcast that runs about an hour per episode. It’s made by a team of about 20 people.
2019-8-26 14:12 | |
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Bantotal, a banking service based in Uruguay with over 60 banking clients, has recently started a partnership with Bitex, a crypto exchange. With this partnership, the bank will help banking institutions to make cross-border payments using the Bitcoin network.
2019-8-13 23:04 | |
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Coinspeaker Bitcoin Cross-Border Payments Now Available in 60 Latin American BanksBantotal, a core banking service provider, is working closely with Bitex crypto exchange to facilitate cross-border payments using the Bitcoin blockchain targeting at least 60 Latin American banks.
2019-8-13 17:57 | |
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Crypto exchange Bitex wants to decrease costs associated with cross-border banking using the bitcoin blockchain.
2019-8-14 11:00 | |
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The U. S Federal Reserve seems to have taken the challenge posed by cryptocurrency when it comes to faster payments. It has just announced it will be developing a faster payment system, FedNow, that will enable much faster payment between American Banks.
2019-8-6 20:59 | |
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Cryptocurrencies cannot be purchased with the new Apple credit card according to the American multinational technology company’s recently published customer agreement guidelines. The Apple card’s restrictions indicate that the company’s partner, Goldman Sachs, is leery toward cryptocurrencies and other “cash equivalents” like lottery tickets and casino chips.
2019-8-5 19:20 | |
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The world of cryptocurrencies has been working towards mainstream adoption for a long time now. However, rejection by major financial institutions has always been a problem. Institutions like banks have tried to use cryptocurrencies’ underlying technology, blockchain.
2019-7-13 15:30 | |
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Latin American bank BTG Pactual and asset manager Dalma Capital announced that they will be using the Tezos blockchain to launch security token offerings (STOs). The banks said the deal will be worth well over $1 billion when all existing and prospective token issuances are completed.
2019-7-6 04:59 | |
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Just when it seems the entire world is against Facebook’s Project Libra, Mark Zuckerberg and his team have gotten a new friend in Stephen Moore, an American writer, television commentator, and confidant of U.
2019-6-25 13:00 | |
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Facebook’s announcement of Libra has allowed cryptocurrencies to gain mainstream attention, inadvertently helping Ripple, suggested Brad Garlinghouse during the recent Brainstorm Finance 2019 event.
2019-6-22 19:30 | |
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Central banks in Canada and Singapore claim to have successfully completed a cross-border payment using distributed ledger technology. The Monetary Authority of Singapore (MAS) announced earlier today that it has successfully settled an international payment with The Bank of Canada, in what it refers to as “Project Jasper-Ubin.
2019-5-2 14:03 | |
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No one could accuse Goldman Sachs of not being a conservative bank. While the whole world is starting to participate in the crypto revolution, one of the largest banks in the United States is now confirming that they will not enter the game until it is too late. According to a recent report of American […]
2019-5-2 02:12 | |
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A central bank digital currency (CBDC) would see central banks distribute digital money which could be redeemed for their respective domestic fiat currencies. In the case of an American CBDC, this would be the US dollar or in Russia, this would be a “Cryptoruble.
2019-4-6 12:00 | |
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The San Juan Mercantile Bank & Trust International (SJMBT), a new bank in Puerto Rico catering to cryptocurrency traders, is now fully operational. SJMBT announced its receipt of all appropriate licensing from Puerto Rican regulatory officials to begin offering “fiat and digital asset custody and settlement services,” which are “to be integrated with the trading platforms offered by its affiliate, the San Juan Mercantile Exchange (SJMX).
2019-4-3 00:47 | |
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Silvergate Bank, headquartered in San Diego as a California state-chartered bank, started its cryptocurrency-related business in 2013. Now over 500 companies from the digital assets industry are using its services as one of the very few “bitcoin-friendly” banks based in the U.
2019-3-20 19:47 | |
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When Coinbase acquired Neutrino for an unspecified amount in February 2019, the news looked like business as usual: A cryptocurrency juggernaut had made another acquisition.
2019-3-1 17:19 | |
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I had the opportunity to participate on a legal panel with David Silver at the Unconfiscatable: Bitcoin Not Blockchain Conference put on by Tone Vays in Las Vegas.
2019-2-7 20:39 | |
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Mobile cryptocurrency exchange and peer-to-peer wallet Shakepay has announced a new product that allows its Canadian customers to buy bitcoin with spare change. Dubbed "ShakePay Change," the pre-launch of the service was announced in a Medium post.
2018-12-18 02:32 | |
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45-year old payment provider Swift just announced the launch of a new payment validation platform. The new platform aims to fight back against rising competition from fintech companies and blockchain-based projects, lowering costs and speeding up financial transactions worldwide.
2018-12-6 18:29 | |
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If central banks issue their own digital currencies, then it would destroy cryptocurrencies like Bitcoin, wrote Nouriel “Dr. Doom” Roubini in his latest column. The article, titled “Why central bank digital currencies could destroy crypto,” saw the American economist building up his rants against the cryptocurrency space.
2018-11-22 20:00 | |
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USDD – The world's first dollar-backed and interest-bearing stable coin, with interest payments every 24 hours, will be officially released on October 31st by 55 Global Markets. The USDD value is 100% supported by a US dollar reserve, funds are held in trust for the benefit of tokenholders by PrimeTrust as trustee, a third-party trust company that has relationships with major US banks.
2018-10-26 12:30 | |
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Ripple, a digital currency that uses blockchain technology for its payments solution, has gained traction in the financial services through its continuous introduction of new platforms. The most notable service offered by Ripple is the facilitation of cross-border transactions between banks and other financial institutions.
2018-10-15 19:08 | |
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Life in Venezuela is anything but. Last year, the South American nation of 32 million led the world with 652% inflation and this year the economic turmoil is even worse. As of September 2018, the annual inflation was estimated at 200,000% and International Monetary Fund (IMF) said it could spike to a mindboggling 1,000,000% by December.
2018-10-10 22:30 | |
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Abra, the all-in-one digital wallet and cryptocurrency exchange, has announced its support for Single Euro Payment Area (SEPA) bank accounts. European users can now enable direct wire transfers from European banks to purchase any of Abra’s 28 available cryptocurrencies.
2018-9-7 23:38 | |
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Los Angeles-based cryptocurrency investment firm SFOX has raked in roughly $22. 7 million in its Series A funding. The round was headed by venture platforms Social Capital and Tribe Capital and earned the participation of other firms like DCG, SV Angel, Blockchain Capital and Y Combinator.
2018-8-17 01:31 | |
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Ten years after the unregulated derivatives market helped trigger a global financial crisis, University of Maryland Law Professor Michael Greenberger discusses his new INET research on how American banks continue to systematically evade derivatives regulation, putting the global economy at risk.
2018-7-12 09:24 | |
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Coinbase continues to grow with their new high-end investment product Coinbase Custody, while Binance had to run a system update following some issues with its Syscoin wallet API.
2018-7-7 23:19 | |
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