2023-3-16 07:43 |
The Federal Deposit Insurance Corporation (FDIC) has reportedly asked banks interested in acquiring the shuttered New York institution to submit bids by Friday.
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Binance, the world’s largest crypto exchange by volume, is considering adding banks to its shopping spree, according to an interview the company’s chief Changpeng ‘CZ’ Zhao recently did with Bloomberg.
2022-11-3 15:59 | |
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French banking giant BNP Paribas, with $13 trillion in assets under custody, could be interested in developing crypto custody services for its own clients, a new report says. The Banks...
2022-7-20 00:08 | |
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The Fed, FDIC, and OCC plan to share detailed guidelines for US banks interested in engaging with Bitcoin in the coming year.
2021-11-24 22:04 | |
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The race to release a fully-operational CBDC system has been waging for several months now. Now, while many countries remain interested in the same, only a handful of nations led by China have been acThe post Five reasons why central banks want to get into the CBDC game appeared first on AMBCrypto.
2021-10-29 01:30 | |
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Spanish banks are now interested in testing crypto waters as they await regulatory clarity from the central bank, according to local media reports. The Bank of Spain had announced earlier in June tThe post Spanish banks are eager to offer crypto, but when will the central bank oblige appeared first on AMBCrypto.
2021-10-23 19:00 | |
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As more central banks declare their plans, the market for Central Bank Digital Currencies (CBDC) is gaining traction. While CBDCs are unlikely to completely replace fiat, authorities worldwide are interested to develop the numerous unique benefits that CBDCs offer.
2021-7-13 21:00 | |
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What a year — the coronavirus pandemic that has taken the lives of millions of people around the world, economic uncertainty, and the unemployment numbers that have continued to skyrocket. As a result, governments are increasingly interested in central bank digital currencies in an effort to address the pandemic’s financial ramifications. For many years, CBDCs […]
2020-11-23 19:55 | |
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The Italian Banking Association announced its banks are interested in piloting a digital euro.
2020-6-22 06:00 | |
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A retail Central Bank Digital Currency (CBDC) would be a digital and universally accessible form of money issued by central banks. Objectives= anticipate the disappearance of cash, create efficient means of payment, and strengthen regulatory controls.
2020-5-7 14:00 | |
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The Reserve Bank of Zimbabwe (RBZ) is interested in regulating digital currencies and has already started drafting a policy framework. This move came weeks after India curbed the ban imposed by the reserve bank of India on banks and financial institutions preventing them from dealing with individuals and businesses dealing with cryptos. Bitcoin has also […]
2020-3-17 22:49 | |
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Cryptocurrencies have been proven effective in cutting the costs and all the hassle involved in dealing with traditional banks using fiat currencies. Besides that, cryptos like Bitcoin have come up as viable options to resisting government control of money circulation.
2020-2-28 00:52 | |
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The Basel Committee on Banking Supervision is calling for feedback on the prudential regulatory treatment of crypto-assets. Feedback received from insiders in both the crypto and traditional finance sectors will be used to draft guidelines for banks interested in dealing with crypto-assets.
2019-12-12 20:26 | |
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Japan is considering the option to use JPMorgan Chase & Co. ’s blockchain-based information network in order to fight money laundering within the nation. According to the news published by Bloomberg, December 10, there would be more than 80 institutions interested in being part of the network.
2019-12-11 10:00 | |
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Uber revealed a number of new safety features for its app, including 911 texts, rider PIN numbers, and on-trip reporting. All of this sounds like it’s designed to help keep the rider safe, but recent reports suggest Uber is less interested in protecting the customer than it’d want you to believe.
2019-9-27 02:12 | |
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Peter Wuffli, the former CEO of UBS, an international bank based in Switzerland, has recently affirmed that the crypto market is attracting the attention of large banks because of the advent of regulated actors.
2019-9-24 23:25 | |
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Five major banks in South Korea have joined the Interbank Information Network (IIN) — JPMorgan’s blockchain payments project. This news further increases the Asian presence in the IIN initiative.
2019-9-23 13:00 | |
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Raphael Auer, an important economist of the Bank for International Settlements (BIS), has recently devised a new low-cost solution for compliance in the financial market. The BIS, which is known as the central bank of all central banks, has an interest in the stability of the world economy and has been recently interested in the […]
2019-9-16 21:01 | |
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The Rwandan Central Bank is interested in exploring central bank digital currencies to reduce the costs associated with transacting by optimizing efficiency. As per BNN Bloomberg, August 22, 2019, Rwanda’s Central Bank looks to authorities in Canada, Singapore, and Holland for inspiration as they have successfully studied the applications of blockchain.
2019-8-23 11:00 | |
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Take a bite and you just can’t resist, can you? Fidelity International, under whose umbrella Fidelity Digital Assets was launched in October 2018, is now interested in blockchain and cryptocurrency.
2019-7-10 11:30 | |
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The IMF says central banks are interested in digital currencies, and several countries may join Uruguay in testing out CBDCs soon
2019-6-30 03:14 | |
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On May 20, 2019, The Next Web reported that major Dutch bank ABM AMRO had shelved its plans to launch a custodial cryptocurrency wallet called “Wallie” stating that digital assets are “just too risky.
2019-5-21 09:00 | |
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David Andolfatto of the Federal Reserve Bank of St. Louis talks about many central banks being interested in issuing a central bank digital currency while refusing to decentralize.
2019-4-30 19:06 | |
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The Finland-based, peer-to-peer cryptocurrency trading platform LocalBitcoins released a statement on March 25, 2019, responding to a new act approved by the Finnish Parliament that will require users to verify their identities.
2019-3-28 18:00 | |
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IBM is a major tech giant, and they have been continually interested in the application of blockchain technology for quite some time. Now, a New York investment firm named Shuttle Holdings will be launching a custody solution for digital assets in the beta version, which is entirely built on the private cloud and encryption tech […]
2019-3-13 01:29 | |
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According to a report recently published by the Bank of International Settlements (BIS), central banks in most of its affiliate countries would be highly interested in having a better understanding of blockchain technologies and the possible implications of their adoption.
2019-1-9 18:50 | |
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Banks all over the world are interested in creating cryptos. Now, the central bank of Egypt has decided to start tests for the creation of an electronic version of the Egyptian pound. The story was originally reported by the local media outlet Amwal Al Ghad on December 16. The sub-governor of the Central Bank of […]
2018-12-17 19:56 | |
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Although blockchain technology has the potential to transform the international banking and payment network, TransferWise’s co-founder and current chairman, Taavet Hinrikus, remains quite skeptical of the emerging technology.
2018-11-21 16:59 | |
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When the towers in New York fell, I became obsessed with economics. I wanted to follow the money to understand what happened on that dreadful day. During that time of inquiry, I found myself very interested in Austrian economic theory.
2018-11-21 19:26 | |
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The adoption of digital assets by mainstream financial services was a critical topic at Swell 2018. The first ever Blockchain in Payments Report, released during the event, found that banks and payment providers around the world are not only interested in using digital assets, they also understand the value of using them for the purposes … Continued The post The 800 Pound Gorilla: Digital Asset Adoption appeared first on Ripple.
2018-11-7 21:14 | |
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Most famously known for their cryptocurrency mining ASIC chips, Bitfury is reportedly interested in public on a major stock exchange in 2019, reported Bloomberg on October 25, 2018. The mining company has had talks with global investment banks with countries all through Europe in preparation for a trading debut in Amsterdam, London or Hong Kong.
2018-10-27 21:00 | |
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Switzerland has long been interested in the cryptocurrency market. However, despite regulators’ efforts, banks have been resistant in working with crypto-based projects. Because of this strict stance, crypto startups stemming from Switzerland are threatening to move to more friendly locations.
2018-9-23 18:01 | |
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More than 500 blockchain and cryptocurrency startups have found a home in Switzerland. The country hopes to become the ultimate blockchain capital of the world. The country has introduced a new plan to strengthen the previously edgy relationship between cryptocurrency startups and Swiss banks.
2018-9-23 23:00 | |
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Banks and cryptocurrencies have not always been the best of friends, though the former is beginning to loosen up a bit. In the latest development, HSBC’s Global Head of Digital said on July 19, 2018, that the finance heavyweight is taking a ‘”cautious” approach towards cryptocurrencies due to the super volatile nature of digital assets.
2018-7-21 17:00 | |
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The interest of global banking giants in blockchain technology is well known. From Goldman Sachs to JPMorgan Chase, banks have had a hard time ignoring this innovative technology, which is designed to revolutionize the financial industry.
2018-7-21 13:29 | |
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In some very positive blockchain news, one of New Zealand’s leading banks, SBS Bank, appears to consider integrating blockchain support to provide better user experience to their local clients. This proactive approach is very promising as most financial institutions are not offering enough options for their clients who are interested in investing in cryptocurrencies. Based […]
2018-7-21 00:38 | |
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HSBC Announces Partnership With Blockchain-Based Trade Platform In Hong Kong Cryptocurrency has been a sore subject for banks and other financial institutions for quite some time. There are many banks that have completely rejected crypto, even banning their customers from using their credit card to make purchases on any platform. However, there are other banks […]
2018-7-20 01:18 | |
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There are over 600 million Africans living without electricity despite an abundance of sunshine and hundreds of thousands of solar projects on the drawing board.
2018-7-17 17:41 | |
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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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Bermuda Interested In Creating Blockchain Centric Banks The British island territory is bidding to put its name on the map as an outlier destination for FinTech innovation, having recently passed an ICO Bill and Digital Asset Business Act to attract companies in the blockchain and virtual currency space. The upcoming amendment to the Banking Act […]
2018-7-3 22:51 | |
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David Schwartz, one of the original pioneers of Ripple XRP has very recently spoken at the 2018 MoneyConf, which see’s the combination of a number of the worlds leading banks and Fintech firms come together to discuss all things finance.
2018-6-13 17:00 | |
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A new assessment by the Federal Deposit Insurance Corporation (FDIC)’s Office of Inspector General has brought to light substantial gaps and deficiencies in its ability to provide clarity to member banks on policies and procedures regarding crypto activities.
Crypto could be enjoying some boost in price and adoption as the latest report from the Federal Deposit Insurance Corp. showed that deposits of about half a trillion dollars were removed from U. S.
Another top 20 U.S. bank bites the dust, but Ether’s price fails to benefit from the event.
Bitcoin is trading around the $28,000 mark, after trading higher. The churn comes after news that the First Republic Bank is close to seizure by U.S. authorities.
Regulatory uncertainty and the recent enforcement actions taken against major crypto exchanges reduces the odds of Bitcoin breaking above $30,000 in the short-term, but investors are still bullish.
Conflicting data creates the question of how the Fed will react to both rising inflation and failing banks - and whether bitcoin will be a lifeboat.
It seems the crypto industry still has some questions about Signature and Silvergate’s shutdowns.