The Provident Bank Now Offers Deposit Services for Crypto-Related Entities
The Provident Bank has started offering deposit and other banking services to cryptocurrency issuers, exchangers and investors Go to Source Powered by WPeMatico
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‘PayPal is F*cked’: BitMEX CEO Says Facebook Libra Will Make Banks ‘Dumb Nodes’
PayPal is a dead end, says BitMEX’s Arthur Hayes Go to Source Powered by WPeMatico
EU Central Bank Won’t Add Bitcoin to Reserves — Says Its Not a Currency
European Central Bank’s latest bitcoin-isn’t-money soundbite fails to win favor with Twitter followers Go to Source Powered by WPeMatico
Goldman Sachs Ramps Up Development of New Secret Crypto Project
A new job listing from investment banking giant Goldman Sachs reveals apparent intentions to pursue digital asset development at an unprecedented pace Go to Source Powered by WPeMatico
Bitcoin ‘Single Best Hedge’ Against Traditional Financial System, Says VC
Chamath Palihapitiya, CEO of VC firm Social Capital, has proposed that bitcoin is the single best hedge against the traditional financial system Go to Source Powered by WPeMatico
LG Applies for ‘ThinQ Wallet’ Crypto Wallet Trademark in the U.S.
LG, a South Korean technology behemoth, applied for the “ThinQ Wallet” trademark for a digital wallet Go to Source Powered by WPeMatico
Money Laundering Scandals Bring Court Charges and Record Job Cuts to Euro Banks
The international financial establishment is known to express concern about the risks of money laundering when the crypto space is mentioned. A string of scandals indicates, however, that traditional banks are not only susceptible to the phenomenon but sometimes complicit, whether knowingly or inadvertently. New chapters have been added to the saga over the last … Read more
China’s Central Bank Developing Own Digital Currency in Response to Libra
The Chinese central bank is developing its own digital currency in response to Facebook’s forthcoming Libra stablecoin Go to Source Powered by WPeMatico
Chinese Central Bank’s Blockchain Trade Platform Processed $4.36B
China’s central bank, the People’s Bank of China, has processed $4.36 billion in foreign exchange transactions on its blockchain platform since its inception Go to Source Powered by WPeMatico
As Deutsche Bank Axes 18,000 Jobs, Bitcoin Offers a Powerful ‘Plan ฿’
Deutsche Bank taking an axe to 18,000 jobs and winding down its investment banking arm paints a bleak picture of traditional finance at a time of booming growth for crypto Go to Source Powered by WPeMatico