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Despite similarities with the 2017 ICO Bubble, experts believe DeFi is here to stay
Decentralized Finance (DeFi) has become the latest buzzword in the cryptocurrency space. 2020 has seen this rather nascent niche take its root as a major force in the crypto world. In many ways, DeFi appears to have given new life to the cryptocurrency space as it aims to bring banking to the unbanked. дальше »
2020-12-1 10:52 | |
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Cryptoenter DeFi Platform Named ‘Most Promising Fintech Solution’ by IBM
Digital banking solution Cryptoenter allows financial institutions to offer a full range of DeFi services without any extra blockchain infrastructure. The platform already has 15,000 active users and recently received a prestigious award at the IBM Think 2020 event. дальше »
2020-11-26 03:02 | |
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Remitano Makes Cross-Border Money Transfer Much Easier With New “Cash-Out” Feature
PRESS RELEASE. To simplify banking and meet its users’ Remittance needs across the globe, Remitano, a global escrow-marketplace, has just launched a smart, free, and safe approach for cross-border money transfers. дальше »
2020-11-24 09:00 | |
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XTM Launches Vert Visa Credit Card to Provide the Newly-banked and Underbanked Access to Unsecured Credit
XTM, Inc. , a Toronto-based Fintech company in the challenger banking space, providing mobile banking and payment solutions around the world is pleased to announce the... дальше »
2020-11-24 13:47 | |
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Chinese banking giant withdraws $3B blockchain bond from listing
The $3 billion blockchain bond has been effectively cancelled.
дальше »2020-11-23 11:01 | |
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US Regulator OCC Proposes ‘Fair Access’ to Banking Services For All Including Crypto Companies
The Office of the Comptroller of the Currency (OCC), the US's national bank regulator, has proposed a rule that would forbid banks from providing their services to legal industries, including cryptocurrency companies. дальше »
2020-11-22 20:00 | |
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Gemini Partners with ClearBank to Provide Banking Services for UK Exchange Users
In September, U. S. -based Gemini announced its intentions to expand fully into the U. K. , to offer trading and custody services. It seems the crypto exchange is now turning its words into action. дальше »
2020-11-21 23:14 | |
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US regulator wants to stop banks from blacklisting legal businesses, crypto included
New rule-making aims to stop "creeping politicization of the banking industry," says OCC head.
дальше »2020-11-21 23:00 | |
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JPMorgan CEO Jamie Dimon Still on The Sidelines, Watching BTC Millionaires Stack Up; ‘Not My cup of Tea’
Jamie Dimon, the CEO of banking giant J. P Morgan Chase, has again expressed his disinterest in Bitcoin during the recently concluded DealBook Online Summit. Andrew Ross of CNBC hosted the virtual event, and in-attendance were other prominent figures, including Lebron James, Elizabeth Warren, and the CFO of Google and Alphabet, Ruth Porat. дальше »
2020-11-19 20:58 | |
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Robinhood in Preparation for a Possible IPO Launch in Q1, 2021; Report
Robinhood might be planning to go public early next year, according to a recent publication by Bloomberg. This trading platform, whose popularity has risen in the past few years, is reportedly seeking advisers in the banking domain to support its Initial Public Offering (IPO) process. дальше »
2020-11-19 23:51 | |
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Why a Citibank analyst is calling a $318k target for Bitcoin
The banks are borderline following the playbook created by Bitcoin and cryptocurrency believers in the past few years: Deny all ties to the asset class at first, try to disallow clients from banking crypto profits to their accounts then, and wholeheartedly embracing the sector later. дальше »
2020-11-16 14:53 | |
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What will CBDCs mean as we head towards the next Bitcoin halving?
When Bitcoin was launched back in 2009, experts believed that it was launched to tackle the global financial crisis. The banking crisis was at the heart of it, and Satoshi’s vision may have been to The post What will CBDCs mean as we head towards the next Bitcoin halving? appeared first on AMBCrypto. дальше »
2020-11-15 23:30 | |
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Largest Bank in Belarus Launches Crypto Exchange Service
Belarusbank, a state-owned bank and the largest financial institution in the Republic of Belarus is the latest bank to delve into the world of cryptocurrency. Belarusian Banking Giant Floats Crypto Exchange Platform According to PrimePress on Thursday (November 12, 2020), Belarusbank, in collaboration with the crypto exchange platform White Bird, is offering cryptocurrency trading servicesRead MoreRead More. дальше »
2020-11-15 12:00 | |
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BoE deputy guv: banks must adjust to changes from CBDCs
The Bank of England's deputy governor Jon Cunliffe reportedly said that England's central bank was not going to ensure that mainstream banking business would remain relevant or not when future digitalThe post BoE deputy guv: banks must adjust to changes from CBDCs appeared first on AMBCrypto. дальше »
2020-11-14 00:30 | |
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Printing $1.7 Trillion for Climate Change: How Joe Biden’s Administration Aims to Push the ‘Green New Deal’
In 2020, the U. S. Federal Reserve has injected an enormous amount of U. S. dollars to special interests in the banking sector in order to combat the economic effects stemming from the coronavirus outbreak. дальше »
2020-11-14 23:00 | |
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Lebanon to Launch a CBDC in 2021 to Boost Confidence In the Country’s Banking Sector
According to the country's central bank governor, Riad Salameh, Lebanon is set to debut its own Central Bank Digital Currency (CBDC) in 2021. Bloomberg, which reported on this development, cited a Lebanese state-run News Agency, noting that the Mediterranean island plans to make the paradigm shift due to transitioning to cashless networks and restoring confidence […] The post Lebanon to Launch a CBDC in 2021 to Boost Confidence In the Country’s Banking Sector first appeared on BitcoinExchangeGuide. дальше »
2020-11-12 22:35 | |
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US SEC Answers to Provide Guidance on Institutional Crypto Custody
The United States Securities Exchange Commission (SEC), one of the main regulators in the country, is looking into which institutions can act as a qualified custodian for clients’ funds a few weeks after the Wyoming Division of Banking issued a no-action letter to a Jackson-based Two Ocean Trust, a charted public trust company, Decrypt reports on Nov 10. дальше »
2020-11-12 16:00 | |
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Lebanon Central Bank to Introduce Digital Currency In 2021
The Lebanese Central Bank plans to introduce a central bank digital currency by 2021 in a bid to restore confidence in the banking sector and move the economy to a cashless system. Major Development In a public announcement, the governor of the Lebanese central bank, Raid Salameh encouraged banks to plan on how to restructureRead MoreRead More. дальше »
2020-11-12 14:00 | |
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Blockchain Bites: Figure Files for Banking Charter, Cred for Bankruptcy
Also: Ripple is opening a new office in Dubai and President-elect Joe Biden mulls two crypto-friendly potential cabinet picks. дальше »
2020-11-25 20:38 | |
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Ripple CTO On Why XRP Is Facing Low Adoption By Banks Despite Solid Infrastructure
By design, Ripple’s XRP is considered the best well-established cryptocurrency for banking institutions, especially for cross border remittance services. However, despite high compliance levels and well-developed new financial products by Ripple, banks have remained rigid to XRP. дальше »
2020-11-4 22:44 | |
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Prime Trust Launches Proprietary Core Banking Software for Fractional Assets, Including Cryptocurrency
Prime Trust, the leading B2B financial infrastructure platform and custody and settlement of alternative assets, announced today the launch of PrimeCore – a proprietary core... дальше »
2020-11-3 08:59 | |
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Federal Reserve Staff Sluiced Wall Street Bankers With Trillions From the Comfort of Their Mansions
While American citizens wait for bureaucrats to pass a new coronavirus relief package, the Federal Reserve has continued to serve corporate interests and the banking cartel. Behind the curtains from the comfort of their own mansions, members of the Fed have given more stimulus to crony Wall Street corporatists than it did in 2008. дальше »
2020-11-3 04:15 | |
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Swiss Authority approves Russian bank’s request to launch cryptocurrency custodial service
The Russian Government seems to frown at launching cryptocurrency custodial service in Switzerland. That’s why some of the private players in the banking sector depend on their subsidiaries to launch abroad. дальше »
2020-11-1 02:38 | |
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Crypto Startup Avanti Receives License To Operate as National Bank in Wyoming
Crypto startup Avanti Financial Group has been granted a license to offer banking services by the Wyoming State Banking Board. The license, or bank charter, means Avanti can now operate as a conventional bank – but one with a twist, capable of holding both crypto and dollars. дальше »
2020-10-31 13:53 | |
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Avanti Becomes The Second Bitcoin Bank In U.S. After Earning Approval From Wyoming State Regulators
Avanti has received a banking charter from Wyoming state regulators to provide cryptocurrency banking services to its customers. This comes just a month after Kraken received the legal go-ahead for its cryptocurrency bank. дальше »
2020-10-30 21:29 | |
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After Kraken, Avanti Granted the License to Become a Crypto Bank by Wyoming State Regulator
The first one was Kraken, and now another crypto bank is here. The Wyoming State Banking Board granted Avanti Bank & Trust a bank charter with 8-0 votes that give it the same powers as national banks. дальше »
2020-10-30 19:18 | |
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Avanti Becomes Latest Crypto Startup to Win Bank Charter in Wyoming
Wyoming’s profile as a crypto-friendly state is on the rise. Avanti has received unanimous approval for a bank charter by the Wyoming State Banking Board in an 8-0 vote. Avanti joins Kraken Financial in Cheyenne, Wyo. дальше »
2020-10-29 01:45 | |
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Mastercard CEO is bearish on Bitcoin, but sees growth for CBDCs
Ajay Banga, CEO of global payments and card technology firm Mastercard, is not sold on the Bitcoin promise of banking the unbanked individuals, he said in an interview with Fortune yesterday. The post Mastercard CEO is bearish on Bitcoin, but sees growth for CBDCs appeared first on CryptoSlate. дальше »
2020-10-29 17:30 | |
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JPMorgan launches JPM Coin, seeks to build its revamped blockchain network
JPM Coin, the digital currency of banking giant, JPMorgan Chase, is now live following... The post JPMorgan launches JPM Coin, seeks to build its revamped blockchain network appeared first on Coin Journal. дальше »
2020-10-29 17:03 | |
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22 Indian Bank Branches to Begin Offering Crypto Banking Services
An Indian bank is preparing to start providing crypto banking services at its physical bank branches. Customers can buy bitcoin and several other cryptocurrencies at these branches with Indian rupees, open savings accounts with crypto wallets, make loans against their cryptocurrencies, and more. дальше »
2020-10-29 11:15 | |
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British FinTech company Cashaa to open physical bank branches in India
Cashaa, a UK-based online banking platform that deals with crypto and fiats, has joined hands with an Indian bank dubbed United Multistate Credit Cooperative Society. The FinTech firm unveiled this news on October 26, noting that this partnership will see it build a crypto-friendly financial institution dubbed UNICAS. дальше »
2020-10-28 18:13 | |
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Southeast Asia’s Largest Bank DBS Plans to Launch a Cryptocurrency Exchange
The Singaporean multinational banking and financial services corporation DBS published an announcement revealing it was launching a cryptocurrency exchange. The announcement was later removed by the company, but crypto proponents have learned about the upcoming support for assets like bitcoin, ethereum, and bitcoin cash. дальше »
2020-10-27 17:30 | |
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Singaporean Banking Giant DBS Reportedly Launching Digital Asset Exchange
October 27, 2020 — DBS, the largest bank in Singapore, is launching a fiat-to-cryptocurrency exchange, according to reports on social media. The story was broken by one Twitter user who posted a link to the DBS digital exchange website. дальше »
2020-10-27 13:57 | |
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McDermott Obtains Landmark “No-Action” Relief for Two Ocean Trust Concerning Digital Asset Custody
International law firm McDermott Will & Emery assisted Two Ocean Trust in obtaining landmark “no-action” relief from the Wyoming Division of Banking, stating that Two... дальше »
2020-10-27 06:47 | |
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5 Best Crypto Cards That You Should Know About
Crypto cards aim to close the gap between legacy banking and digital assets. They allow users to benefit from holding funds in cryptocurrencies, with the flexibility to convert to cash via ATMs or spend them in the same way they can spend their fiat money from a bank account, at over 53 million merchants worldwide. дальше »
2020-10-26 19:00 | |
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There Won’t Be Any Stablecoin For The Digital Yuan If PBoC Implements Revised Banking Law
China’s Central Bank, the People’s Bank of China (PBoC) is looking to revise the current banking law to legalize the Digital Yuan and prohibit the development of any tokens pegged to the digital Yuan in the country. дальше »
2020-10-25 18:23 | |
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“We’re ready for Decentralised Finance,” claim traditional financial service institutions
Decentralised finance (DeFi) is now being taken seriously by traditional finance. In a European-wide survey of financial institutions spanning across insurance, banking and trading, 86%... дальше »
2020-10-25 14:07 | |
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How RUSH is changing cross border payments
The US dollar is the most common currency used for cross border settlement between various countries and big corporations with the help of the traditional banking system. According to a report by the The post How RUSH is changing cross border payments appeared first on AMBCrypto. дальше »
2020-10-23 14:30 | |
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Hex Trust joins hands with SIA to roll out a crypto custody platform
SIA, a multinational payments firm based in Italy, has teamed up with Hex Trust, a crypto custodian, to help its European banking clients hold digital currencies. A report unveiled this news on October 22, noting that this collaboration will see the firms launch a blockchain-based platform for financial institutions. дальше »
2020-10-23 19:57 | |
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Digital ruble, the future of Russian money circulation: Russian govt official
An official from the Russian Central Bank’s National Banking Council, Anatoly Aksakov said that Russia’s CBDC, the digital ruble, would be the “future” of all money circulation in the country,The post Digital ruble, the future of Russian money circulation: Russian govt official appeared first on AMBCrypto. дальше »
2020-10-22 19:05 | |
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Raiffeisen Bank добавит возможность взаимодействия токенизированных валют в различных блокчейнах
Австрийская банковская группа Raiffeisen Bank International (RBI) предусмотрит функцию интероперабельности блокчейнов в разрабатываемом проекте по токенизации национальных валют. Very exciting news for @PantosIO: We entered into a partnership with @RBI_Presse to bring PAN’s technology to the banking industry. дальше »
2020-10-22 16:34 | |
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Ripple Confirms Bank of America Utilizes Its Technology During Swell Conference…But There’s A Catch
A demo video shown by Ripple during its Swell 2020 conference seemingly confirms that the second-largest banking institution in the United States uses one of its products. In particular, a screenshot of the video was posted by one of the devoted members of the XRP community. дальше »
2020-10-16 17:05 | |
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JPMorgan: ‘Modest Headwind’ for Bitcoin Price But Corporate Demand a Strong Vote of Confidence for its Future
The tables have turned. As Bitcoin gets special attention from the publicly traded companies, the banking giant's views are also changing about the leading digital asset. According to JPMorgan, Jack Dorsey’s Payment company Square investing $50 million investment in Bitcoin is a “strong vote of confidence for the future of bitcoin. дальше »
2020-10-15 17:06 | |
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Italy has around 100 banks formally operating on blockchain
Italian banks are rapidly migrating to the country’s official banking blockchain network, Spunta. The latest addition includes 42 new banks, which has raised the total number of banks operating on blockchain to around 100 institutions. дальше »
2020-10-14 11:50 | |
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