BoE Publishes Paper that Details the Implications of Stablecoins and CBDCs
Shelly Melancon (Switzerland)The Bank of England published a paper that attempts to assess the implications of both private stablecoins and digital currency…
Another UK-Serving Bank Bans Crypto Transactions
Starling Bank has stopped all crypto-related deposits to exchanges following rumors of high-level financial crimes. After being made aware of…
Singapore-based Bank DBS Issues a Report Favoring Cryptocurrency
Hassan Mehmood (Saudi Arabia)The Development Bank of Singapore Ltd. (DBS) has recently issued a report highlighting the importance of cryptocurrencies for the rapidly…
Ripple Labs has Signed up for a new Contract with the National Bank of Egypt (NBE)
The National Bank of Egypt has recently announced a new partnership endeavor with Ripple Labs’ project RippleNet. RippleNet is a…
Bank Of America (BOA) Is Now Using Blockchain To Settle Stock Trades
Bank of America is an international financial services and investment bank holding company with its headquarters situated in North Carolina,…
The Biggest Bank In Singapore Launches Crypto Trust Solution
With the increasing demand for digital assets, one of the leading wealth managers in Asia except China, DBS private bank…
Nebraska Lawmakers Step Forward To Let State Banks Offer Digital Asset Services
Senators in Nebraska have recently provided support to a motion that would enable various state banks to be able to…
Citi Group and Goldman Sachs Banks to Offer Bitcoin Services
Bank customers can now access Bitcoin services as traditional financial institutions plan to offer BTC transactions. There is no doubt…
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U.S. Bank and JP Morgan Make Huge Crypto Moves
U.S. Bank and JP Morgan are looking to taste the cryptocurrency water by launching Bitcoin-related services. According to the CoinDesk…
Banking Giants DBS And JPMorgan Form Blockchain Company For Improving Cross-border Payments
DBS Bank, a multinational banking and financial services company based in Singapore, and JP Morgan, the United States-based banking and…
Revolut Bank Has Added Support For 11 More Cryptocurrencies
Revolut Bank has announced the most recent play for cryptocurrency addition and implementation, as 11 new digital tokens have now…
MicroStrategy’s Shares Take Downward Direction as Canadian Bank Puts MicroStrategy in Blacklist
There had been plenty of discussions about a possible ban from the US government over digital assets. It seems that…
Crypto Taxation: UK Authorities Release Guidelines
A new crypto tax guideline has been released by the joint efforts of the queen's revenue and customs body (HMRC)…
Stripe Now Worth $95B, Rakes In $600M From Fund Raiser
At the close of a new round of funding, digital finance giants, stripe raised $600 million. Thus, their value is…
Korean Banks Still Skeptical About Cryptocurrency Alliances
Due to the implementation of strict regulations, Korean Banks are sitting confused on whether they should continue their partnerships with…
Crypto Demand Soars As Exchange-Traded Products Show 50% Increase
Statistics show that digital assets' interest increases, especially since Bitcoin's success, being the first cryptocurrency. The king coin paved the…