2023-5-9 17:40 |
The crypto-friendly bank announced earlier in the year support for USDC services.
Similar to Notcoin - Blum - Airdrops In 2024
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Bear markets provide better buying opportunities than bull markets and the majority of respondents to a recent Bank of America survey will be loading up this year. The post Bank of America Survey Reveals 90% Planning to Buy Crypto This Year appeared first on BeInCrypto.
2022-6-14 11:00 | |
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CBDC fever has spurred many financial institutions across the world into action. Along with the BIS Innovation Hub, the Bank of Thailand, the Central Bank of the U.A.E., the People's Bank of China [DiThe post CBDCs: Project mBridge to enter pilot stage next year appeared first on AMBCrypto.
2021-11-5 02:30 | |
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BTC, ETH, LINK, UNI, COMP, AAVE, MATIC, and other cryptos are allowed for now, with CBA planning to offer shopping with crypto next year. The post Australia’s Largest Bank to Allow its 6.5 Million Users to Buy, Sell, & Hold 10 Cryptocurrencies via its App first appeared on BitcoinExchangeGuide.
2021-11-3 16:12 | |
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In its post mortem of the third hack of this year, this time of $130 million, Cream Finance shared that they are working with the authorities to trace the attacker. In the hack, only the Ethereum v1 markets were impacted, and all the other v1 markets and the Iron Bank were safe, it added.
2021-11-1 20:22 | |
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Brazil’s Central Bank has released data showing that its citizens have spent a total of $4.27 billion on cryptocurrency alone since the beginning of the year. The post Brazilians bought over $4 billion worth of crypto in 2021 appeared first on CryptoSlate.
2021-10-20 01:00 | |
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The cryptocurrency market's exponential rise to the mainstream was both a catalyst and a result of increased retail and institutional investments worldwide. A glimpse of the same can be seen in a repoThe post Brazil's central bank says crypto investments could double by year end appeared first on AMBCrypto.
2021-10-19 21:30 | |
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Brazilians have already bought more than $4 billion in crypto this year up to August, as per the central bank report. The post Brazil’s Central Bank Governor Expects Crypto Investment in Country to Surpass Billion first appeared on BitcoinExchangeGuide.
2021-10-18 17:57 | |
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The Bank of Mexico and the National Banking and Securities Commission issued a statement earlier this year warning financial institutions not to deal with digital assets, but the president has not often spoken directly on the subject.
2021-10-15 22:15 | |
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China’s authoritarian government has fixed its sights firmly on cutting all access to cryptocurrency-related activities in the country. Regulators in China banned cryptocurrency trading and mining this year, with the country’s central bank reiterating the ban by announcing that all crypto-related business dealings were now “illegal” late last month prompting cryptocurrency businesses to begin to […]
2021-10-13 14:50 | |
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Pressure from last month's intensified crackdown by the People's Bank of China is being… The post KuCoin to stop serving Chinese users by the end of the year appeared first on Coin Journal.
2021-10-4 14:07 | |
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This week, the Bank of England announced the membership of the central bank digital currency (CBDC) Engagement and Technology Forums. The creation of the groups was first announced in April this year alongside the CBDC task force to explore the potential of a UK CBDC.
2021-10-1 23:37 | |
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Bitcoin has gotten some wild, and not so wild, predictions from analysts recently. The growth of the digital currency this year has led some analysts to predict that the digital asset was not done growing just yet.
2021-9-29 20:00 | |
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The Fantom Foundation is working with one of Tajikistan's oldest and biggest banks, Orienbank, to build a Central Bank Digital Currency (CBDC) for the Republic of Tajikistan. For the creation of E-SOM, the digitized version of the Tajikistani Somoni, the Foundation has signed a Memorandum of Understanding (MoU) with the bank.
2021-9-29 19:58 | |
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Interest in cryptocurrencies has skyrocketed this year. However, the 330% hike in Bitcoin's value has also enticed many to get in for a quick buck. Russia's Central Bank has taken note of this 'emotioThe post Here's how Russia is planning to 'put the brakes' on crypto-buying appeared first on AMBCrypto.
2021-9-17 19:00 | |
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Ann (not her real name) is an entrepreneur based in Colorado. In the past month, business sales have grown by 16 percent month on month, and 54 percent year on year. But Ann doesn’t accept credit cards for her sales as it’s too expensive and at times against some bank’s rules. She prefers Litecoin, a […]
2021-9-15 19:58 | |
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The People’s Bank of China has stated that its crackdown on virtual currencies has been achieved and is now under normalized supervision. The mission for the remaining months of the year is to “maintain” the status quo which is a hint that the sector may not see any major regulatory actions in the near future. […]
2021-9-12 21:56 | |
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Central Bank Digital Currencies (CBDCs) have become a hot topic in the last year, with Asian giant China leading the charge. However, Caribbean nation Jamaica is now at the forefront following its roll-out of its first wholesale digital currency in a recently concluded ceremony.
2021-8-12 22:14 | |
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Former NFL team owner and alleged “shadow bank” operator Reggie Fowler is not engaged in any plea negotiations and the trial against him is set to begin early next year.
2021-8-7 08:55 | |
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Explaining the factors behind bitcoin's price drop this year and exploring the latest in central bank news.
2021-8-5 22:48 | |
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China's central bank held a meeting to discuss work priorities for the second half of the year. It vowed to continue to put high regulatory pressure on virtual currency trading in the second half of the year.
2021-8-1 18:31 | |
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Eighty-one countries are now exploring central bank digital currencies (CBDCs), according to a new tracker. This number is 46 more countries than the number in May last year. In addition, five countries have fully launched their own digital currencies.
2021-7-25 18:00 | |
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It is no wonder that so many decentralized yield farms are operating this year as cryptocurrency flies high. Nevertheless, crypto can now simply replace traditional bank services and offer more libertThe post Crypto-inflation is old news, thanks to CaramelSwap appeared first on AMBCrypto.
2021-7-10 07:04 | |
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Japan's Central Bank could issue its central bank digital currency (CBDC) by the end of next year. This was made known by Hideki Murai, who runs the Liberal Democratic Party's panel on cryptos.
2021-7-6 19:08 | |
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Over the past year, several concerns have arisen on how the European Central Bank proposes maintaining user’s privacy once the digital euro launches. In an interview with FT, Panetta stated the ECB would be the best institution to hold onto users’ private monetary data as it has no commercial interest in selling it.
2021-6-22 19:32 | |
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According to Reuters, the Central Bank of Nigeria (CBN) plans to launch a digital currency pilot as soon as the end of this year. Last month, the CBN Governor, Godwin Emefiele, made a U-turn on Bitcoin and other cryptocurrencies by saying he will “allow” them.
2021-6-22 03:00 | |
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After being critical of cryptocurrencies, the Wall Street investment bank officially embraced Bitcoin earlier this year. It’s now expanding its offerings to include Ether.
2021-6-15 21:00 | |
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Nigeria is likely to have its own central bank digital currency (CBDC) by the end of the year, an official with the Central Bank of Nigeria (CBN) has said. In his remarks following the bankers’ committee meeting, Rakiya Mohammed, who is the director of information technology at CBN, also revealed that this “digital currency would […]
2021-6-12 04:30 | |
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Russia’s Central Bank Chief Elvira Nabiullina said her country's decision to create a central bank digital currencies (CBDC) is due to its perceived benefits. Digital Ruble Prototype Would Be Launched This Year Speaking in a CNBC interview, the apex bank governor said Russia aims to roll out its Digital Ruble prototype by the end of […] The post Russia’s Central Bank Chief Says CBDCs Are Necessary For Financial Systems first appeared on BitcoinExchangeGuide.
2021-6-3 20:36 | |
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Indian central bank, the Reserve Bank of India (RBI), has officially advised banks that its banking ban circular is no longer valid as it was set aside by the country’s supreme court more than one year ago.
2021-6-1 18:30 | |
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Central bank of Russia has confirmed its plans to kick off digital rouble trials next year
2021-5-24 13:57 | |
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Major American investment bank Goldman Sachs has seemingly recognized that cryptocurrencies are an emerging new asset class after all—despite stating otherwise just a year ago, according to its recent report.
2021-5-24 21:15 | |
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Ross Stevens also revealed that he had a meeting with the heads of three of the world’s largest central banks about Bitcoin and inflation. He believes that we could see a central bank adopting the bitcoin standard or purchasing BTC as a reserve asset in the next 12 months.
2021-5-23 16:26 | |
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The Central Bank of Russia (CBR) is preparing to release a digital prototype of the national fiat towards the end of 2021, a high-ranking official has confirmed. Transfers between private individuals will be free of charge with the digital ruble, which is going to have legal tender status on par with Russia’s traditional currency. Bank […]
2021-5-21 01:00 | |
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The trajectory that the cryptocurrency market has seen in the last few years has been nothing short of remarkable. It has gone from being overlooked by the mainstream financial world to becoming the talk of the world and this last year, in particular, has seen more and more firms dipping their toes into the crypto […]
2021-5-19 19:32 | |
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Mike Novogratz-founded Galaxy Digital reports a 58% increase in its comprehensive income as it has surged to $860 million in Q1 this year
2021-5-17 17:09 | |
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According to the latest data from the World Bank, international money transfers into Nigeria dropped by nearly 40% from $23.8 billion recorded in 2019 to $17.2 billion in the past year. Yet despite this fall, remittances, which account for 4% of the country’s GDP, still remain an important source of foreign exchange for the oil-rich […]
2021-5-14 10:00 | |
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A new cryptocurrency exchange called “Bullish” will be launched this year by Bullish Global, a subsidiary of Block. one. It is backed by a number of prominent investors, including Peter Thiel, Alan Howard, Louis Bacon, Richard Li, Mike Novogratz, Christian Angermayer, and investment bank Nomura.
2021-5-12 13:00 | |
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After the record $4 billion ICO, Block. one has again managed to raise $300 million from Peter Thiel, Alan Howard, Louis Bacon, Richard Li, Christian Angermayer, Galaxy Digital, and Nomura bank. EOS, meanwhile, is still down 60% from its 2018 ATH in the ongoing bull market.
2021-5-11 17:49 | |
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The Governor of the Bank of England, Andrew Bailey, made the organization’s current position on cryptocurrencies clear in a recent press conference. When asked about the incredible year that the crypto-space is having, he speared no bullet: They have no intrinsic value.
2021-5-10 14:06 | |
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US bank Goldman Sachs has launched a cryptocurrency trading team, as per a report this morning on news outlet CNBC. The post Goldman Sachs is trading Bitcoin a year after saying crypto ‘not an asset’ appeared first on CryptoSlate.
2021-5-8 16:50 | |
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Crypto custody firm NYDIG has joined hands with Fidelity National Information Services (FIS), a leading FinTech company to help US banks integrate crypto in their operations. The two firms seek to develop a solution that will let banks offer their clients the ability to purchase, hold, and sell Bitcoin (BTC) through their bank accounts.
2021-5-5 23:23 | |
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Hundreds of banks in the U. S. will reportedly start offering access to bitcoin to their customers this year, thanks to a partnership between Fidelity National Information Services and the New York Digital Investment Group.
2021-5-5 16:30 | |
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Bitcoin’s institutional adoption has been off the charts in the past year, with Wall Street finally jumping aboard the Bitcoin bandwagon. However, a new report has revealed that only a few believe in its potential, despite the public show of support and heavy investment.
2021-4-15 20:58 | |
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The Swedish central bank keeps making steps towards modeling its e-krona pilot project by issuing a detailed report of the results of phase one for the path ahead. Riksbank is still optimistic about launching its central bank digital currency (CBDC), but there are hurdles to clear out on the road. Riksbank to Spend Another Year […]
2021-4-9 14:00 | |
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With over $3 trillion in assets under management (AUM), State Street is ready to enter the cryptocurrency market by launching a crypto trading platform for institutions. The trading platform is expected to go live in the mid of this year through a partnership with the digital asset trading platform Pure Digital.
2021-4-8 17:36 | |
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Per the official document published on Monday, The Bank of Japan (BOJ) said they have been undertaking preparations to begin experiments on digital yen in the early fiscal year 2021. The banks will be testing the technical feasibility of the core functions and features required for the CBDC.
2021-4-6 18:04 | |
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Japan’s Central Bank has begun its first testing stage involving the use of Central Bank-based Digital Currencies(CBDC), experimenting with functions like distribution and issuance. The first phase will take about one year, primed to end around the third month of 2022.
2021-4-6 17:00 | |
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According to the announcement, Visa spent the last year enabling the capacity for digital currency settlement within its existing infrastructure. Anchorage, the United States’ first federally chartered digital asset bank, will facilitate the pilot program launched with Crypto.
2021-3-29 14:41 | |
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The growth of cryptocurrencies over the past couple of years has pushed many countries towards stricter regulations, while some have moved to ban the asset class altogether. Thailand is one of the forThe post Thailand's central bank planning to regulate stablecoins this year appeared first on AMBCrypto.
2021-3-19 18:30 | |
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The Singaporean banking giant wants to help clients optimize liquidity management and streamline operational workflows.
Littio, a Colombian Neobank, has partnered with OpenTrade to provide interest-bearing USD accounts to local customers on the Avalanche blockchain. According to a press release shared with crypto.
The move is not a widespread debanking of hedge-fund clients, but rather the offboarding of inactive accounts, one person said.
Users can create individually owned and compliant bank accounts and use USDC stablecoins as the default deposit currency.
Digital bank Revolut is set to release a cryptocurrency exchange targeting "advanced traders," according to an email sent to customers that was seen by CoinDesk.
To date, Irish authorities managed to recover approximately 4 million euros of the 20 million euros lost in banking scams since January 2023.
The new exchange was founded by an executive from Malaysian market leader Luno. It will target investors, businesses, and high-net-worth individuals.