Bookmarking Crypto Insights
Auto Added by WPeMatico
JPMorgan’s boss Jamie Dimon has a bone to pick with cryptocurrencies, shadow banking, and the financial technology (fintech) economy. In a letter to JPMorgan shareholders, Dimon explained that banks are “playing an increasingly smaller role in the financial system” and there’s a list of items like digital currencies he’s named that needs to be “dealt … Read more
The Riksbank said that CBDC technology still requires further investigation. Go to Source Powered by WPeMatico
What are the tools that banks and financial institutions need to identify money laundering involving crypto? This explained guide reveals all. Go to Source Powered by WPeMatico
It’s a long road to the #1 spot, but some ecosystem players think we’ll get there eventually. Go to Source Powered by WPeMatico
Tech Mahindra wants to provide U.S. banks with a stablecoin solution after the OCC authorized federally chartered banks to use stablecoins for settlement in January. Go to Source Powered by WPeMatico
Following cybersecurity assessments, commercial institutions are being cleared to issue the world’s first CBDC — the Bahamas’ Sand Dollar. Go to Source Powered by WPeMatico
Following the interview with Ma Changchun, the head of the People’s Bank of China-run Digital Currency Research Institute, a recent report indicates that residents from Beijing and Shanghai can now apply for a digital yuan wallet. According to the report, six different Chinese banks will participate in the process. Beijing and Shanghai Residents Can Apply … Read more
The South Korean crypto frenzy among the banking industry remains on fire, as another major bank is treading waters to offer banking services for crypto exchanges. The BNK Busan Bank launched a program that consists of visiting competitors’ banks that already offer it. BNK Busan Is Visting Its Competitors to Conduct the Research According to … Read more
A future digital euro wouldn’t be a threat to savers, say officials from the European Central Bank. Go to Source Powered by WPeMatico
Rejecting crypto as a reserve currency will lead to an Indian currency devaluation of the worst kind, warns blockchain entrepreneur Raj Chowdry. Go to Source Powered by WPeMatico