Crypto Companies Adopt Features Similar to Banks (Only Better) to Drive Growth
Will higher interest rates and zero-fee trading drive user adoption of cryptocurrencies? Go to Source Powered by WPeMatico
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Tech Like Blockchain Will Transform Chinese Economy, Bank Chair Says
The next decade will see a digital transformation in China with blockchain adoption, according to Minsheng Bank’s chairman Go to Source Powered by WPeMatico
41 German Banks Now Charge Negative Interest Rates
The number of German banks charging negative interest rates has been rising rapidly. At least 41 banks now charge negative interest rates on deposits. According to reports, seven of them are imposing negative interest rates even for small deposit amounts. Also read: Survey: 58% of German Banks Charge Negative Interest Rates 41 Banks Charging Negative … Read more
US Bank Silvergate Sees Growth in Crypto Clients, Despite Decreasing Deposits From the Sector
Financial results released by two U.S. banks providing services to the crypto industry have indicated a decline in deposits from digital currency customers. However, a positive trend has been observed as well. One of the crypto-friendly institutions, Silvergate Bank, has seen an increasing number of crypto clients throughout the year. Also read: Swiss Bank Julius … Read more
The National Bank of Cambodia Will Launch a Digital Payments Network This Quarter
Leading the way for a practical CBDC is — Cambodia Go to Source Powered by WPeMatico
Bank of Japan Must Be Ready to Issue Digital Currency, Says Exec
The Bank of Japan must be ready to respond to technical developments and public sentiment about central bank digital currencies, its deputy governor says Go to Source Powered by WPeMatico
Draft of India’s National DLT Strategy Calls for State-Run Digital Rupee
A draft of an Indian national blockchain strategy suggests the development of a digital rupee on a permission public blockchain Go to Source Powered by WPeMatico
Singapore Act to License Cryptocurrency Firms Comes Into Effect
Starting today, Singaporean cryptocurrency firms are required to hold a license issued by a local regulator Go to Source Powered by WPeMatico
Deutsche Bank: Cryptocurrencies Won’t Replace Cash ‘Anytime Soon’
Cash is unlikely to disappear anytime soon despite the decline of its use as a payment method and the surge of digital currencies, Germany’s largest bank believes Go to Source Powered by WPeMatico
Payments Startup Raises $80M From SBI Group, Visa Invest and Others
Currencycloud has raised $80 million in funding from SBI Group, Visa and other investors Go to Source Powered by WPeMatico