Banking

Can Alipay and WeChat Pay Compete With China’s Fee-Free Digital Yuan?
Banking

Can Alipay and WeChat Pay Compete With China’s Fee-Free Digital Yuan?

Will Alipay and WeChat Pay survive the People's Bank Of China's rollout of the digital yuan or DCEP?

US Senate Banking Committee Chair Sends Letter to the OCC to Clarify Crypto Payment Rules
Banking

US Senate Banking Committee Chair Sends Letter to the OCC to Clarify Crypto Payment Rules

The US Senate Banking Committee Chair Mike Crapo sent a letter to the OCC to develop guidelines on digital payments.

Argentina Believes in Bitcoin and Cryptocurrency as Most Effective Hedge Against Inflation, Paxful Survey
Banking

Argentina Believes in Bitcoin and Cryptocurrency as Most Effective Hedge Against Inflation, Paxful Survey

Over 70% of Argentines see cryptocurrency, particularly Bitcoin as the most effective way to hedge against inflation and store financial value

Goldman Sachs Continues Expanding Digital Assets Team, Now Looking For New VP
Banking

Goldman Sachs Continues Expanding Digital Assets Team, Now Looking For New VP

Goldman Sachs is looking for a new Vice President for its Digital Assets team to helps define and execute the investment firm’s global blockchain strategy.

Ripple Outpaced Other Blockchain Companies on Inc's List of Fastest-Growing US Companies
Banking

Ripple Outpaced Other Blockchain Companies on Inc's List of Fastest-Growing US Companies

Ripple has outpaced other indigenous blockchain companies on a recently published list of 5000 fastest-growing private companies in the United States.

Global UAE Bank Building Blockchain Architecture for Federated and Sovereign Digital Identity
Banking

Global UAE Bank Building Blockchain Architecture for Federated and Sovereign Digital Identity

A global UAE bank is creating a federated and sovereign blockchain architecture for digital identity via HashCash Consultants, to propel its financial and banking operations and prepare for the future of finance.

Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020
Banking

Banks Are Increasingly Starting to Offer Cryptocurrency Services in 2020

Banks have increased their interest in cryptocurrencies. Many of them have decided to join the cryptocurrency market, either by offering investments in cryptocurrency or by exploiting the capabilities of blockchain technology, which is already used in various areas with financial services.

Kookmin Bank, South Korea’s Largest Bank Will Offer Cryptocurrency Custody
Banking

Kookmin Bank, South Korea’s Largest Bank Will Offer Cryptocurrency Custody

Kookmin Bank, the largest commercial bank in South Korea, will start offering Bitcoin custody services through a new partnership with crypto trading firm Cumberland Korea and blockchain venture fund Hashed.

Stakeholders in the Crypto Ecosystem Want US Regulator to Increase Bank's Crypto Capabilities
Banking

Stakeholders in the Crypto Ecosystem Want US Regulator to Increase Bank's Crypto Capabilities

Stakeholders including the Silvergate Bank have responded to the OCC call recommending the regulator to improve US bank’s crypto capabilities.

Russian Citizens Are Using P2P Bitcoin Markets to Escape Monolithic Banking System
Banking

Russian Citizens Are Using P2P Bitcoin Markets to Escape Monolithic Banking System

Crypto usage is growing in Russia, despite attempts by the government to make investment more difficult.

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