Bitcoin is now ‘too important to ignore’, Deutsche Bank says
Global banking giant Deutsche Bank expects governments to start regulating Bitcoin by the end of 2021. Go to Source Powered by WPeMatico
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Stock Exchange SIX Aims to List Bitcoin on SDX, Crypto Trading Platform to Launch This Summer
On March 17, a report detailed that the digital exchange being developed by Switzerland’s principal stock exchange SIX is preparing to launch by the summer of 2021. The exchange called SIX Digital Exchange (SDX) reportedly will also offer bitcoin, alongside the possibility of non-fungible token (NFT) assets like tokenized works of art. SIX to Launch … Read more
Fireblocks crypto startup raises $133M in funding round with BNY Mellon
BNY Mellon, the oldest bank in the United States, continues to aggressively invest in the digital asset industry. Go to Source Powered by WPeMatico
Swiss regulators reject Bitcoin Suisse’s banking license application
But Bitcoin Suisse still has “many options on the table,” says the firm’s CEO. Go to Source Powered by WPeMatico
Bank of Japan governor says CBDC preparation can’t wait until hour of need
In fresh remarks, Bank of Japan Governor Kuroda Haruhiko said that experiments with a domestic central bank digital currency will begin in spring 2021. Go to Source Powered by WPeMatico
Bitcoin is now worth more than Visa and Mastercard combined
The largest cryptocurrency also recently beat the world’s three biggest banks by market cap, data confirms. Go to Source Powered by WPeMatico
Chinese banks pilot digital yuan at Shanghai department stores
The Bank of Communications and China Construction Bank conducted digital yuan trials at two major department stores in Shanghai. Go to Source Powered by WPeMatico
South Korean Shinhan Bank pilots digital currency platform with LG CNS
South Korean commercial bank Shinhan Bank has built a digital won pilot platform in collaboration with LG CNS. Go to Source Powered by WPeMatico
Hosting a CBDC? Only one of Bitcoin, Ethereum or XRP can do it, says report
Not all cryptocurrencies have the attributes desired by central banks for hosting CBDCs. Go to Source Powered by WPeMatico
Colombia’s oldest commercial bank pilots crypto services
One of the largest banks in Colombia, Banco de Bogotá, will pilot crypto services as part of a regulatory sandbox project. Go to Source Powered by WPeMatico