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Barclays, HSBC, and Citi, among other U.K. financial institutions, are embarking on a joint venture to pilot tokenized deposits. A group of British banks, including Barclays and Citigroup, is working on a new pilot of tokenized deposits aimed at enhancing…
Floki’s roadmap reveals plans for launching digital banking accounts that can be topped up with FLOKI tokens.
Per an email from Satoshi Nakamoto: Bitcoin is less wasteful. Why? Less labor-intensive; no banking fees; no brick-and-mortar buildings; no junk mail credit cards.
More and more banks have been giving the green light to cryptocurrency. What exactly do these banks offer customers, and how can they decide which is the right bank for them? In our current dynamic financial era, the emergence of…
Cryptocurrency exchange Binance has allowed large traders to store their assets in other banks. According to the Financial Times, before this, Binance users had to store their assets on the exchange or with its custodial partner, Ceffu. Following the changes,…
Charles Schwab's stock has experienced a decline of over 25% in both the last quarter and the year-over-year period, contrasting Bitcoin's positive price performance.
International regulators propose new transparency measures for banks' crypto asset exposures, following a tumultuous year marked by banking disruptions linked to digital currencies.
The crypto industry is in turmoil, with both major failures, and a lack of banking partners. With the shuttering of major crypto-focused banks like Silvergate, Signature, and the seizure of Silicon Valley Bank (SVB), the sector is scrambling to secure banking partners.
US digital bank Cogni has launched a non-custodial wallet as it seeks to enter the Web3 space. It will be directly integrated into the banking services instead of using a third-party solution. The startup, founded in 2018 as part of…
A massive Credit Suisse leak has exposed dirty players, including corrupt politicians who own over 80B Euros in the Swiss bank. A whistleblower leaked the bank’s data to expose immoral banking practices behind the organization.
The European Central Bank’s 2020 report (dated December) points to the urgent need for cryptocurrency to be introduced into everyday life. 2021 is a year of global changes in the economy of the whole world. The ECB is investigating issuing…
South Korea’s central bank has signed a memorandum of understanding (MoU) with the country’s Financial Settlement Service to take over the management of BankSign; a blockchain authentication certificate service. Central Bank Acquires BankSign According to The News Asia, the move…
Signature Bank (SBNY: NASDAQ), a New York-based full-service commercial bank, announced that the private beta launch of Signet, its Ethereum-powered distributed ledger technology (DLT) payments solution enabled it to increase its transaction volume by 15 percent, reports Forbes on June…
The Islamic Development Bank’s (IsDB) research division has collaborated with Blocko, a blockchain technology company, to build a blockchain-powered credit system. Sharia-compliant Blockchain Lending According to a report by Construction Business News on Tuesday (June 16, 2020) IsDB’s Islamic Research…
A leading European blockchain bank – Bank Frick – is mulling ditching SWIFT for Circle’s USDC stablecoin to execute and settle payments more efficiently, Decrypt reports, June 10, 2020. Bank Frick Embraces Stablecoin USDC Liechtenstein-based Bank Frick the time-tested international…
The Office of the Comptroller of the Currency (OCC), the agency responsible for regulating banks in the United States, has requested public input into possible interface points between crypto and blockchain tech and mainstream banking architecture. OCC Regulatory Review Could…