MoneyGram Partners With Circle And Stellar to Launch Cash In And Cash Out Links to USDC

Cross-border payments giant MoneyGram is now working with the Stellar network for instant money transfers using the USDC stablecoin. The companies announced on Monday that they would start the pilot in the fourth quarter of this year, and a gradual rollout of enabling USDC fiat on and off-ramp across MoneyGram’s retail platform will happen early […] The post MoneyGram Partners With Circle And Stellar to Launch Cash In And Cash Out Links to USDC first appeared on BitcoinExchangeGuide. äàëüøå »

2021-10-7 16:09

Arab Bank Partners With Tezos (XTZ) for Crypto Custody and Staking

Crypto-friendly policies in the United Arab Emirates (UAE) have been ramping up recently, with another leading financial institution making a big splash in the crypto industry. Growth for Everyone Involved Arab Bank Switzerland – the Swiss subsidiary of the Arab Bank, has partnered with the Tezos Foundation to enable institutional crypto custody, per a press […] The post Arab Bank Partners With Tezos (XTZ) for Crypto Custody and Staking first appeared on BitcoinExchangeGuide. äàëüøå »

2021-10-6 20:11

“This Isn’t Just Bitcoin Anymore,” It’s Digital Assets Creating an Ecosystem of New Opportunities, says Head of BofA Global Research

Bank of America has finally launched coverage of cryptocurrencies due to “growing institutional interest” and the massive appetite among retail clients. Candace Browning, head of global research at BofA Securities, shared in an interview with Bloomberg that the number of corporates mentioning crypto on their earnings calls has increased to about 147 in the most […] The post “This Isn’t Just Bitcoin Anymore,” It’s Digital Assets Creating an Ecosystem of New Opportunities, says Head of BofA Global Research first appeared on BitcoinExchangeGuide. äàëüøå »

2021-10-5 16:29

Significant Stablecoin Adoption Could Result in “Excessive Market Power,” says BIS Report on CBDC

Central bank money ensures public trust in money and supports public welfare, said the global body policymaker in its latest report on central bank digital currencies (CBDCs). With new forms of digital money issued by the private sector, such as stablecoins emerging, which has accelerated since the Covid-19 pandemic began, central banks are also ensuring […] The post Significant Stablecoin Adoption Could Result in “Excessive Market Power,” says BIS Report on CBDC first appeared on BitcoinExchangeGuide. äàëüøå »

2021-10-1 18:12

Insurance Giant Sees Bitcoin As A “Store Of Value” And A “Potential For Significant Price Appreciation”

MassMutual CIO says it would take multiple market cycles to determine if Bitcoin serves as an inflation hedge. Meanwhile, Billionaire private equity investor Orlando Bravo asks, “How could you not love crypto?” The post Insurance Giant Sees Bitcoin As A “Store Of Value” And A “Potential For Significant Price Appreciation” first appeared on BitcoinExchangeGuide. äàëüøå »

2021-10-1 17:11

SEC Chair Yet Again Signals Support for Bitcoin Futures ETF, But says Crypto “Certainly of A Size” to Have Same Safeguards as Banking

“A lot of people are likely to get hurt,” said Gary Gensler, asking crypto platforms that accepted funds from investors and offered returns to “consider the securities laws carefully.” The post SEC Chair Yet Again Signals Support for Bitcoin Futures ETF, But says Crypto “Certainly of A Size” to Have Same Safeguards as Banking first appeared on BitcoinExchangeGuide. äàëüøå »

2021-10-1 22:01