Billionaire Investor Tim Draper: If You’re a Millennial, Buy Bitcoin
Millennials should invest in Bitcoin to retire, according to billionaire investor Tim Draper Go to Source Powered by WPeMatico
Banks
Auto Added by WPeMatico
Major Swiss Banking Firm Julius Baer Launches Services for Cryptocurrencies
Major Swiss private banking and wealth management group Julius Baer has launched crypto trading and custodial services following a partnership with licensed crypto bank Seba Go to Source Powered by WPeMatico
Indian PM Awards Crypto App Creator as Supreme Court Deliberates on Ban
Indian Prime Minister Narendra Modi has awarded a young crypto app creator Harshita Arora, with a prize recognizing her excellence in innovation Go to Source Powered by WPeMatico
Companies Keep Flocking to Swiss Crypto Valley, Over 1,000 Jobs Added in a Year
Crypto Valley, a fintech-friendly region centered on the canton of Zug, has been expanding to other parts of Switzerland and neighboring Liechtenstein. Despite all the challenges facing the blockchain industry, favorable regulations and improving access to banking and legal services are attracting more and more crypto companies. Their number has increased for a third consecutive … Read more
Hawaii Introduces Bill Authorizing Banks to Offer Crypto Custody
A bill in the Hawaii State Senate aims to clarify its classification of digital assets and pave the way for banks to provide custody services Go to Source Powered by WPeMatico
Week Two of RBI Vs. Crypto at the Supreme Court of India
The historic case brought against the Reserve Bank of India’s ban on banks’ dealings with cryptocurrency businesses resumed this week at the country’s Supreme Court Go to Source Powered by WPeMatico
Panic Withdrawals at Indian Bank Over Alarming KYC Notice
Hundreds of customers went on a withdrawal spree after an Indian bank announced its revised KYC requirements. The bank’s action followed the decision by the Reserve Bank of India (RBI) to include the National Population Register letter as a valid KYC document for opening bank accounts. Customers are worried their funds could be frozen. Also … Read more
BIS: No Evidence of Mass Transition From CBDC Research to Pilots and Experiments
The BIS’s new survey revealed that only 10% of central banks are likely to issue a CBDC for the general public in the short term Go to Source Powered by WPeMatico
Indian Supreme Court Warms Up to Crypto – RBI’s Arguments Not Convincing
India’s supreme court heard the crypto case on Thursday, starting with the arguments by the counsel for the Reserve Bank of India (RBI). After pointing out that the RBI ban only hurts crypto businesses but does not stop crypto trading, the court explained that “being an honest contributor to the blockchain is more profitable than … Read more
World Economic Forum Debuts Framework for Central Bank Digital Currency
The World Economic Forum together with major central banks and financial institutions has released a toolkit for policymakers regarding central bank digital currencies Go to Source Powered by WPeMatico