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Nigeria’s eNaira stablecoin becomes focus of new IMF report
Nigeria’s central bank digital currency project, eNaira, is drawing attention and interest of leading financial institutions and it also gaining traction amongst other country’s central banks looking to initiate a similar project according to a report released by the International Monetary Fund (IMF) eNaira to boost remittance The report, authored by economist Jack Ree, explained […] The post Nigeria’s eNaira stablecoin becomes focus of new IMF report appeared first on CryptoSlate. дальше »
2021-11-22 11:00 | |
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Australian official who owns Ethereum says it is no threat to the country’s financial system
According to the Reserve Bank of Australia (RBA) head of payments policy Tony Richards, cryptocurrencies are not posing a threat to the central bank operations. The post Australian official who owns Ethereum says it is no threat to the country’s financial system appeared first on CryptoSlate. дальше »
2021-11-19 11:00 | |
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Crypto-loving Nigeria to launch eNaira stablecoin today
Weeks after its postponement, President Muhammad Buhari will officially launch the Nigerian Central Bank Digital Currency, eNaira, at the State House, Abuja, today. The post Crypto-loving Nigeria to launch eNaira stablecoin today appeared first on CryptoSlate. дальше »
2021-10-26 19:00 | |
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JPMorgan says inflation, not ETF, powered Bitcoin (BTC) to $67,000
US bank JPMorgan says the launch of the ProShares Bitcoin futures ETF is unlikely to trigger a rise in the prices of Bitcoin. The post JPMorgan says inflation, not ETF, powered Bitcoin (BTC) to $67,000 appeared first on CryptoSlate. дальше »
2021-10-24 08:00 | |
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Brazilians bought over $4 billion worth of crypto in 2021
Brazil’s Central Bank has released data showing that its citizens have spent a total of $4.27 billion on cryptocurrency alone since the beginning of the year. The post Brazilians bought over $4 billion worth of crypto in 2021 appeared first on CryptoSlate. дальше »
2021-10-20 01:00 | |
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Almost twice as many Salvadorians have a Bitcoin wallet than a bank account
In just over a month since Bitcoin became legal tender in El Salvador, almost twice as many Salvadorians have a Chivo wallet than a bank account. The post Almost twice as many Salvadorians have a Bitcoin wallet than a bank account appeared first on CryptoSlate. дальше »
2021-10-12 01:00 | |
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Bank of America report says crypto, DeFi are “only in the first inning”
This week, Bank of America (BoA) published a favorable crypto report detailing its analysis of the sector. The post Bank of America report says crypto, DeFi are “only in the first inning” appeared first on CryptoSlate. дальше »
2021-10-8 19:00 | |
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US Federal Reserve would soon release ‘detailed plans’ for a digital dollar
In a new move that is set to change the dynamics of the financial industry in the United States, the country’s Federal Reserve is set to release detailed plans that will guide the process of reviewing the risks and benefits attached to issuing a central bank digital currency (CBDC), a report on Wall Street Journal […] The post US Federal Reserve would soon release ‘detailed plans’ for a digital dollar appeared first on CryptoSlate. дальше »
2021-10-6 16:00 | |
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Nigeria suspends launch of ambitious e-naira project
The apex bank of Nigeria has announced the postponement of the launch of the country’s CBDC project, eNaira. The post Nigeria suspends launch of ambitious e-naira project appeared first on CryptoSlate. дальше »
2021-10-5 19:00 | |
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The boss of NatWest Bank tells crypto users to abandon all hope
Economist and Chair of the NatWest Group Sir Howard Davies said he’s “very hostile” towards crypto. The post The boss of NatWest Bank tells crypto users to abandon all hope appeared first on CryptoSlate. дальше »
2021-10-2 22:05 | |
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Why Deutsche Bank sees Bitcoin (BTC) becoming ’21st century gold’
A senior analyst with the Deutsche Bank believes that Bitcoin has the potential to become the 21st century’s answer to gold. The post Why Deutsche Bank sees Bitcoin (BTC) becoming ’21st century gold’ appeared first on CryptoSlate. дальше »
2021-9-29 19:00 | |
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Ripple (XRP) to partner with the Royal Monetary Authority of Bhutan for CBDC development
Bhutan’s central bank, the Royal Monetary Authority (RMA), has partnered with Ripple to use its infrastructure to pilot a central bank digital currency. The post Ripple (XRP) to partner with the Royal Monetary Authority of Bhutan for CBDC development appeared first on CryptoSlate. дальше »
2021-9-24 13:00 | |
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Crypto makes you ‘your own bank.’ But how secure is crypto banking?
Crypto banking refers to managing digital assets, i.e., cryptocurrency, at a financial technology firm or financial services provider. The post Crypto makes you ‘your own bank.’ But how secure is crypto banking? appeared first on CryptoSlate. дальше »
2021-9-14 16:00 | |
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3 in 10 Americans share their crypto wallet password with others
Being one’s own bank comes with its own baggage and troubles, despite what most hardcore crypto proponents suggest one to do on social media. The post 3 in 10 Americans share their crypto wallet password with others appeared first on CryptoSlate. дальше »
2021-9-13 19:00 | |
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Why Standard Chartered says Ethereum (ETH) could pump to $35,000
While the Bitcoin or Ethereum debate rages on between early investors and maxis, London-based bank Standard Chartered already seems to have picked a side. The bank, in a recent research note, said Ethereum could outperform Bitcoin over the next few years, even stating it ‘structurally’ values the world’s second-largest cryptocurrency by market cap at over […] The post Why Standard Chartered says Ethereum (ETH) could pump to $35,000 appeared first on CryptoSlate. дальше »
2021-9-10 22:00 | |
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ConsenSys among 15 firms shortlisted to develop CBDC for crypto-friendly Singapore
Fifteen firms have been finalized by the Monetary Authority of Singapore (MAS), the country’s central bank, to develop a Central Bank Digital Currency (CBDC), a release from the MAS shows. The post ConsenSys among 15 firms shortlisted to develop CBDC for crypto-friendly Singapore appeared first on CryptoSlate. дальше »
2021-9-6 16:00 | |
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12-year-old without a bank account makes $400,000 selling ‘Weird Whales’ NFTs
Benyamin Ahmed, a 12-year-old British Pakistani boy has made around $400,000 after launching his very own non-fungible token (NFT) project, Weird Whales. The post 12-year-old without a bank account makes $400,000 selling ‘Weird Whales’ NFTs appeared first on CryptoSlate. дальше »
2021-9-4 07:00 | |
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Central American bank: Bitcoin’s (BTC) success in El Salvador could mean legalization in other countries
El Salvador adopting Bitcoin (BTC) as a parallel legal tender to the US dollar in September could substantially lower the costs of remittances that are a vital source of income for millions. The post Central American bank: Bitcoin’s (BTC) success in El Salvador could mean legalization in other countries appeared first on CryptoSlate. дальше »
2021-8-27 22:00 | |
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El Salvador’s Bitcoin bill has 5 key benefits, says Bank of America
US financial services player Bank of America, one of the world’s largest banks, has come out in support of El Salvador’s Bitcoin bill in a note to clients last week. The post El Salvador’s Bitcoin bill has 5 key benefits, says Bank of America appeared first on CryptoSlate. дальше »
2021-8-3 04:00 | |
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Central Bank Digital Currencies: The Consumerization of Money
Consumerization is the influence that products originating in the consumer markets eventually have on the broader commercial markets. The post Central Bank Digital Currencies: The Consumerization of Money appeared first on CryptoSlate. дальше »
2021-7-22 19:00 | |
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Ripple CTO slams regulators as Barclays blocks Binance payments
Barclays UK customers have been blocked from transferring funds to Binance as the bank prohibited all credit and debit card payments to the exchange. The post Ripple CTO slams regulators as Barclays blocks Binance payments appeared first on CryptoSlate. дальше »
2021-7-7 22:00 | |
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Swiss bank UBS says Bitcoin is ‘unsuitable’ for institutional investors
Switzerland bank UBS said in its latest note to investors that the increased crackdown on the crypto market by China makes investing in Bitcoin and other crypto-assets “unsuitable.” UBS says stiffer regulations are coming According to the note, the latest crackdown on digital assets by the Asian country has affected the value of the coins […] The post Swiss bank UBS says Bitcoin is ‘unsuitable’ for institutional investors appeared first on CryptoSlate. дальше »
2021-7-6 19:00 | |
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JPMorgan is bullish on crypto staking ahead of ETH 2.0 launch
Analysts at US bank JPMorgan foresee staking to become a multi-billion market as environmental concerns come into play for top cryptos like Bitcoin, they wrote in a recent report to clients. The post JPMorgan is bullish on crypto staking ahead of ETH 2.0 launch appeared first on CryptoSlate. дальше »
2021-7-2 13:14 | |
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Two Japanese firms turn to Ripple (XRP) tech to power remittances
SBI Remit, a subsidiary of Japanese financial and services conglomerate SBI, and Hamamatsu Iwata Credit Bank, a regional credit union, will soon use Ripple for powering remittance services. The post Two Japanese firms turn to Ripple (XRP) tech to power remittances appeared first on CryptoSlate. дальше »
2021-7-2 07:00 | |
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Is the Latin American Bitcoin revolution exaggerated? Mexico, Paraguay backtrack statements
Mexico’s central bank (Banxico) and financial regulator (CNBV) issued a joint statement confirming that banks are not authorized to use Bitcoin as a payment method. The post Is the Latin American Bitcoin revolution exaggerated? Mexico, Paraguay backtrack statements appeared first on CryptoSlate. дальше »
2021-6-30 22:00 | |
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Nothing will ‘stop’ Bitcoin in El Salvador, says President after IMF, World Bank criticism
President Bukele said nothing can stop Bitcoin from seeing widespread adoption in El Salvador, and he sees no scenario in which it can be stopped. The post Nothing will ‘stop’ Bitcoin in El Salvador, says President after IMF, World Bank criticism appeared first on CryptoSlate. дальше »
2021-6-25 04:00 | |
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Bank of Israel uses Ethereum blockchain for upcoming ‘digital shekels’
A report from Israel-based Globes today stated that the apex bank of Israel plans to internally test its upcoming digital shekel on the Ethereum blockchain. The post Bank of Israel uses Ethereum blockchain for upcoming ‘digital shekels’ appeared first on CryptoSlate. дальше »
2021-6-23 19:00 | |
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World Bank wants no part in El Salvador’s Bitcoin revolution
The World Bank has refused to assist El Salvador with integrating Bitcoin into its financial infrastructure, a report on Reuters said today. The post World Bank wants no part in El Salvador’s Bitcoin revolution appeared first on CryptoSlate. дальше »
2021-6-17 10:58 | |
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Goldman Sachs announces Ethereum futures, institutional interest grows
US multinational bank Goldman Sachs Group Inc plans to offer trading in Ethereum (ETH) futures, the company’s global head of digital assets, Mathew McDermott, told Bloomberg. The post Goldman Sachs announces Ethereum futures, institutional interest grows appeared first on CryptoSlate. дальше »
2021-6-16 19:00 | |
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US bank JPMorgan is looking for Bitcoin, Ethereum, and Proof-of-Stake pros
In the months following the launch of their commercialized blockchain service, JPMorgan Chase & Co. The post US bank JPMorgan is looking for Bitcoin, Ethereum, and Proof-of-Stake pros appeared first on CryptoSlate. дальше »
2021-6-7 12:00 | |
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Reserve Bank of India slams banks after they stop services for crypto users
The Reserve Bank of India, the country’s central bank, released a new directive today after local banks ceased crypto services for users citing a directive from 2018, an official filing shows. The post Reserve Bank of India slams banks after they stop services for crypto users appeared first on CryptoSlate. дальше »
2021-6-1 18:08 | |
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Bank of Japan governor slams Bitcoin, questions its usage in settlements
Bank of Japan governor Haruhiko Kuroda questioned Bitcoin’s use case during an interview yesterday, business news outlet Bloomberg reported. The post Bank of Japan governor slams Bitcoin, questions its usage in settlements appeared first on CryptoSlate. дальше »
2021-5-28 10:42 | |
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Nigerian central bank does a U-turn on Bitcoin ban, saying they now “allow” it
According to local news reports, the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, says he will “allow” the trading of Bitcoin and other cryptocurrencies. The post Nigerian central bank does a U-turn on Bitcoin ban, saying they now “allow” it appeared first on CryptoSlate. дальше »
2021-5-28 19:00 | |
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Ripple (XRP) inks deal with major Middle Eastern bank for Oman-India corridor
BankDhofar, the second-largest bank in the Sultanate of Oman, has teamed up with blockchain-based payments network RippleNet, as per a release today. The post Ripple (XRP) inks deal with major Middle Eastern bank for Oman-India corridor appeared first on CryptoSlate. дальше »
2021-5-27 01:00 | |
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Wall Street veteran says these Tether risks are behind crypto market selloff
Caitlin Long, the founder of crypto bank Avanti Bank and a leading blockchain advocate, took to Twitter yesterday to explain the market sell-off, linking it to stablecoin issuer Tether. The post Wall Street veteran says these Tether risks are behind crypto market selloff appeared first on CryptoSlate. дальше »
2021-5-17 13:00 | |
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Bank of England deputy governor says stablecoins are a shift away from ‘public money’
Bank of England deputy governor Jon Cunliffe spoke about the growth of stablecoins and digital money in the UK during a speech yesterday at the OMFIF Digital Money Institute, London. The post Bank of England deputy governor says stablecoins are a shift away from ‘public money’ appeared first on CryptoSlate. дальше »
2021-5-15 19:00 | |
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American institution Citibank is building a crypto trading and custody service
American multinational investment bank Citigroup is reportedly developing crypto-related services such as trading, custody, and financing due to rapidly growing interest from clients. The post American institution Citibank is building a crypto trading and custody service appeared first on CryptoSlate. дальше »
2021-5-8 22:00 | |
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Goldman Sachs is trading Bitcoin a year after saying crypto ‘not an asset’
US bank Goldman Sachs has launched a cryptocurrency trading team, as per a report this morning on news outlet CNBC. The post Goldman Sachs is trading Bitcoin a year after saying crypto ‘not an asset’ appeared first on CryptoSlate. дальше »
2021-5-8 16:50 | |
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Crypto enthusiast projects ‘Bitcoin fixes this’ on Bank of England
On Friday night, a massive image appeared on the Bank of England’s building in London stating that “Bitcoin fixes this.” Look what someone projected onto the Bank of England last night. The post Crypto enthusiast projects ‘Bitcoin fixes this’ on Bank of England appeared first on CryptoSlate. дальше »
2021-5-3 14:00 | |
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Ethereum breaks $3,000—it’s now more valued than Bank of America
Ethereum, the world’s most-used blockchain by daily transactions and the second-largest by market cap, broke the $3,000 price level in the early hours Monday, data from multiple sources shows. The post Ethereum breaks $3,000—it’s now more valued than Bank of America appeared first on CryptoSlate. дальше »
2021-5-3 08:07 | |
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Ethereum breaks $3,000—it’s now valued more than Bank of America
Ethereum, the world’s most-used blockchain by daily transactions and the second-largest by market cap, broke the $3,000 price level in the early hours Monday, data from multiple sources shows. The post Ethereum breaks $3,000—it’s now valued more than Bank of America appeared first on CryptoSlate. дальше »
2021-5-3 08:07 | |
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US bank BNY Mellon blames “no exposure to Bitcoin” for fund underperformance
US bank BNY Mellon says one of its technology-focused funds had underperformed the market because it wasn’t exposed to companies investing in Bitcoin, a filing from yesterday showed. The post US bank BNY Mellon blames “no exposure to Bitcoin” for fund underperformance appeared first on CryptoSlate. дальше »
2021-4-29 19:00 | |
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JPMorgan says Bitcoin is showing ‘weakness’ as fund inflows fall
Analysts at US bank JPMorgan say the Bitcoin (BTC) market is showing signs of weakness, as per a report on financial news outlet Bloomberg. The post JPMorgan says Bitcoin is showing ‘weakness’ as fund inflows fall appeared first on CryptoSlate. дальше »
2021-4-21 13:09 | |
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Crypto-convert JPMorgan is hiring developers skilled in Ethereum
US bank JPMorgan is hiring blockchain engineers skilled in Ethereum, Corda, and Hyperledger development, a job posting on recruitment site Glassdoor shows. The post Crypto-convert JPMorgan is hiring developers skilled in Ethereum appeared first on CryptoSlate. дальше »
2021-4-20 12:50 | |
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Chinese regulator says Bitcoin is an ‘alternative investment’
Li Bo, a deputy governor of People’s Bank of China (PBoC), the country’s central bank, said over the weekend that Bitcoin and stablecoins are ‘alternative investments’ in the eyes of the law. The post Chinese regulator says Bitcoin is an ‘alternative investment’ appeared first on CryptoSlate. дальше »
2021-4-19 11:35 | |
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JPMorgan adjusts its long-term Bitcoin price target to $130,000
Analysts at American investment bank JPMorgan Chase & Co have updated their long-term Bitcoin (BTC) price expectations to $130,000, according to a note cited by Business Insider yesterday. The post JPMorgan adjusts its long-term Bitcoin price target to $130,000 appeared first on CryptoSlate. дальше »
2021-4-3 10:00 | |
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Goldman Sachs joins the Bitcoin bandwagon at the behest of its customers
The United States investment bank and financial services company Goldman Sachs will offer Bitcoin and other cryptocurrencies to its private wealth management group. The post Goldman Sachs joins the Bitcoin bandwagon at the behest of its customers appeared first on CryptoSlate. дальше »
2021-4-1 03:29 | |
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Morgan Stanley reportedly looks to acquire stake in Korean exchange Bithumb
American multinational investment bank Morgan Stanley is currently in talks to acquire a stake in top South Korean cryptocurrency exchange Bithumb, local news outlet Naver reported on Friday. The post Morgan Stanley reportedly looks to acquire stake in Korean exchange Bithumb appeared first on CryptoSlate. дальше »
2021-3-20 11:00 | |
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Deutsche Bank report: “Bitcoin is too big to ignore”
Now that the crypto market is worth over $1.8 trillion, Deutsche Bank stated that Bitcoin is “too big to ignore,” according to a report. The post Deutsche Bank report: “Bitcoin is too big to ignore” appeared first on CryptoSlate. дальше »
2021-3-20 19:18 | |
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