Banking Financial News
13.01 / 14:25
Central Bank
banking
BIS Claims a CBDC Interoperability Victory – While US Congressman Bids to Block Digital USD
The Bank for International Settlements (BIS) says it has made another breakthrough in its central bank digital currency (CBDC) interoperability project – claiming that it has “successfully tested” the integration of wholesale CBDC settlement with commercial banks.
10.01 / 13:47
08.01 / 04:09
cryptocurrency
Adoption
banking
Major South Korean Securities Firms, Investors Warming to Crypto
South Korean investors are “finding it hard to resist the allure of crypto,” while a number of leading domestic securities firms have suddenly started producing reports on the sector – indicating that fund managers may be casting an eye on the markets.
07.01 / 03:17
cryptocurrency
Trading
banking
services
Upbit Crypto Exchange Traders to Face Fiat Services Disruptions over Lunar New Year Period
Customers of South Korea’s market-leading crypto exchange Upbit will be affected by a possible three-day outage over the Lunar New Year period as its banking partner K-Bank relocates its operations to a new headquarters.
05.01 / 16:51
CBDC
Central Bank
banking
Polish Banks Mull CBDC, Cryptoasset Projects
Poland’s central bank (Narodowy Bank Polski, NBP) and the country’s largest retail bank seem to be accelerating their respective works on developing digital assets - with the former potentially working on a central bank digital currency (CBDC), and the latter possibly moving to launch its own crypto.
24.12 / 12:36
Forecast
Adoption
Gaming
banking
Crypto users
1BN Crypto Users, Friendlier Regulations, Countries Adopting Crypto - Crypto.com's 2022 Predictions
The crypto lending and borrowing platform Crypto.com has published a report that details its five main predictions for crypto in 2022. And judging from the report, 2022 may be the year when even the nation-states realize that crypto is here to stay, leading to a friendlier stance from countries around the world towards the industry.
23.12 / 04:03
CBDC
Adoption
banking
Banking Giant KB Creates Crypto, NFT & CBDC-compatible Wallets
The South Korean banking giant Kookmin Bank (KB) says it has developed new multi-coin wallets that are capable of storing non-fungible tokens (NFT) and various tokens including central bank-issued coins.
16.12 / 04:03
cryptocurrency
Altcoins
banking
Chinese Banks ‘Educate’ the Public on the Pitfalls of Crypto
Provincial branches of China’s biggest commercial banks have begun “educating” the general public on the dangers of crypto and money-laundering – but it appears that the message that crypto and mining is “bad” isn’t getting through to some public officials.
14.12 / 19:24
08.12 / 12:23
cryptocurrency
Adoption
VISA
banking
Visa Doubles Down on Its Crypto Bet, Launches Crypto Consulting Service
Multinational financial services giant Visa is pushing deeper into the booming crypto market, launching crypto advisory services to help clients understand various segments of the crypto industry.
19.11 / 22:53
cryptocurrency
banking
Bitcoin
How leading crypto investment firms are attracting the top talent from the banking world
The race to attract and retain top talent is well and truly on in the world of finance.
18.11 / 14:22
Blockchain
FIVE
banking
First of its kind yield program designed to accelerate the wealth of the cryptocurrency community as a whole
Traditionally when it comes to investing, certain privileges were reserved exclusively for those with a high net worth. As the saying goes, the rich get richer. Many analysts suggest that part of the reason is that this group earns higher returns on their investments than those considered “average investors.”
16.11 / 14:41
Forecast
economics
Central Bank
banking
Interest Rates: Why the Era of Cheap Money Is Finally Ending
John Whittaker, Senior Teaching Fellow in Economics, Lancaster University.____
11.11 / 04:09
regulation
banking
'Sinister' debanking of crypto traders is often anti-competitive says Senator Bragg
Australian banks have been dressing up anti-competitive behavior as regulatory compliance when de-banking crypto customers, Senator Andrew Bragg said.
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