Banks
US Federal Reserve Weighs the Pros and Cons of a Digital Dollar CBDC
The US Federal Reserve has continued to research the benefits and impact of implementing a central bank digital currency (CBDC).
Former British Politician Godfrey Bloom Announces First Bitcoin Purchase
Godfrey Bloom, the former British Member of Parliament, has revealed that he is making his first purchase of Bitcoin.
Why Regulated Banks Have Greater Potential For Financial Crime Than Bitcoin and Crypto
While agencies focus their attention on transparent Bitcoin transactions, banks have had an official free pass disclaimer to facilitate money laundering the entire time.
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.
Top Banks in South Korea Select CenterPrime And Chainlink To Bring FX Rates Data to DeFi
Top banks in South Korea have selected Chainlink and CenterPrime to bring a blockchain-enabled decentralized finance solution for foreign exchange rates.
Reserve Bank of India Says Banks Are Authorized to Provide Accounts to Cryptocurrency Traders
The Reserve Bank of India recently responded to an information query, saying that Indian banks are not prohibited from dealing with crypto businesses.
CipherTrace Unveils New Compliance Software For Banks Against Illicit Crypto Transactions
CipherTrace launches Armada to fix the blind spot in cryptocurrency compliance
Financial Stability on The Brink of Instability Due to Bigtech Companies
FSB Worries that the development of BigTech Companies and their growing user community may cause the disintegration of banks amongst other mainstream financial systems.
Central Bank Official: Blockchain Application Ideal for Chinese Commercial Banks
Li Wei, the Technology Departmental Head of the People’s Bank of China, has urged Chinese commercial banks to embrace blockchain and digital finance.
ING Warns Facebook’s Ties With Banks May Be Breached Due To Libra Regulatory Concerns
Ralph Hamers, the CEO of ING, warned that Facebook's relationships with banks will probably be cut off due to its inability to address Libra regulatory issues, especially the money-laundering fears.