BlockFi Now Has Over $53 Million in Client Crypto Under Management
Crypto wealth management firm BlockFi announced that it now has over $53 million in client crypto assets under management Go to Source Powered by WPeMatico
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Credit Suisse Exec Says Bank Culture Holds Back Adoption of Blockchain
Head of digital market assets at Credit Suisse, Emmanuel Aidoo, said that the culture within banks holds them back from adopting blockchain Go to Source Powered by WPeMatico
IMF Spring Meetings: Digital Money Is Imminent, But No Decentralization in Sight
Governors of central banks and IMF experts remain suspicious of open blockchains Go to Source Powered by WPeMatico
Robinhood Applies for Charter in Push to Offer Traditional Banking Services
Stock and crypto trading platform Robinhood has applied for a bank charter with regulators in the United States Go to Source Powered by WPeMatico
Crypto-Based Transfers Can Cut Remittance Costs in Africa by 90%
Remittances have become a lifeline for many people in Sub-Saharan Africa, but the cost of sending money via banks and money transfer operators remains punitively high. On average, it costs 9.3% (of value transferred) to send the equivalent of $200 to the region, the highest remittance rates anywhere on the planet, according to the new … Read more
JPMorgan Chase to Add New Features to Blockchain-Powered Network for Global Banks
JPMorgan Chase is adding new features to its blockchain-powered banking network by the fall Go to Source Powered by WPeMatico
Central Bank of Russia Reviews Potential Benefits and Drawbacks of CBDCs
The Bank of Russia outlined potential benefits and drawbacks of central bank digital currencies in a recent report Go to Source Powered by WPeMatico
Forbes Releases List of Billion Dollar Companies Using Blockchain
Forbes has released its “Blockchain’s Billion Dollar Babies” list of 50 firms that are adopting blockchain tech worth over $1 billion Go to Source Powered by WPeMatico
Romanian Central Bank Official Says Crypto Will Not Fulfil Basic Roles of Currency
Romanian central bank official Daniel Daianu said that crypto will not replace currency issued by central banks Go to Source Powered by WPeMatico
ING Bank Releases Blockchain Privacy Tool Bulletproofs
Dutch global banking corporation ING released its new cryptographic blockchain development Bulletproofs Go to Source Powered by WPeMatico