BitPay files with OCC to become national crypto-native bank
Another crypto player has taken steps to go mainstream, but a lot of work still remains ahead. Go to Source Powered by WPeMatico
Month: December 2020
Blockchain can fix India’s dysfunctional insurance scheme, says WEF
The WEF looks to introduce legacy systems to blockchains. Go to Source Powered by WPeMatico
‘Absolutely Inevitable’: Standard Chartered Bank CEO Sees Widespread Cryptocurrency Adoption
Standard Chartered Bank CEO Bill Winters sees the adoption of digital currencies as “absolutely inevitable.” He says there is a role for both private digital currencies and state-backed ones. His bank subsequently announces that it is launching a crypto custody service, supporting a number of cryptocurrencies including bitcoin, bitcoin cash, and ethereum. Standard Chartered Bank … Read more
Congresspeople ask SEC to verify who can custody security tokens
Several members of the Congressional Blockchain Caucus are calling for more clarity on broker-dealer rules from the U.S. securities regulator. Go to Source Powered by WPeMatico
Blockstack (STX) rallies 85% as fundamentals improve ahead of mainnet launch
In the past month, Blockstack (STX) token quietly rallied 85% as network fundamentals improved and a key mainnet launch approaches. Go to Source Powered by WPeMatico
Vitalik Buterin expects lots of ways to exchange CBDCs for crypto
Ethereum co-founder believes that CBDCs are good for macroeconomics, but there are also certain challenges. Go to Source Powered by WPeMatico
Citigroup Downgrades Microstrategy to ‘Sell’ Rating Over ‘Aggressive’ Bitcoin Purchases
Citigroup has downgraded the Nasdaq-listed, pro-bitcoin Microstrategy to a “sell” rating after the company announced that it would offer $400 million convertible senior notes to buy more bitcoin. Microstrategy currently holds about 40,824 bitcoins. Citi Analyst Uncomfortable With Microstrategy’s ‘Disproportionate Focus on Bitcoin’ While Citigroup has recently been bullish on bitcoin, Citi analyst Tyler Radke … Read more
Game recognize game: Institutions make it easier to invest in Bitcoin
As Bitcoin’s impressive run continues, it would not be surprising to see crypto FOMO reach institutional investors as well. Go to Source Powered by WPeMatico
Oasis will collaborate with BMW Group to build ‘differential privacy’
The initiative wants to set clear boundaries for the personal data accessed by third parties. Go to Source Powered by WPeMatico
Today’s clients demand that banks show cybersecurity chops, says JPMorgan leader
New technology also means new responsibilities. Security is key in the digital age. Go to Source Powered by WPeMatico
