State-Run Bank in Switzerland to Launch Crypto Services
Swiss cantonal bank Basler Kantonalbank becomes the first bank in Switzerland to announce its crypto plans. Go to Source Powered by WPeMatico
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Industry Calls on US Regulator to Open Floodgates on Banks’ Crypto Capabilities
A number of crypto businesses and non-profits have written to the main banking regulator in the U.S. asking for banks to have more authorization to deal with crypto. Go to Source Powered by WPeMatico
Mastercard and Visa Are Making Bold Moves Toward Mass Crypto Adoption
Global payment processors Mastercard and Visa are laying the foundations for crypto support that may drive adoption on a global scale. Go to Source Powered by WPeMatico
Stimulus Is Failing: Global Banks to Break Support Levels, US Dollar Plummets to 2-Year Low
Central banks worldwide have injected further stimulus into the economy, as European Union (EU) leaders recently approved a $2.1 trillion budget, the Bank of England boosted stimulus injections in mid-June, and the Federal Reserve announced on Wednesday that it would keep lending until the end of the year. Meanwhile, bank indexes show that financial institutions … Read more
Russian Interest in Paxful’s P2P Platform Surges 350%
Paxful has released data showing growing usage of its peer-to-peer trading platform in Russia. Go to Source Powered by WPeMatico
Comparing Money Laundering With Cryptocurrencies and Fiat
Laundering money with Bitcoin is actually an ineffective strategy because of its complexity and high risk. Go to Source Powered by WPeMatico
Dubai Debuts Nationwide Data Platform Powered by Blockchain
The United Arab Emirates is debuting a blockchain-based Know Your Customer, or KYC, platform. Go to Source Powered by WPeMatico
US Bank Regulator: Dollars on Blockchain ‘Better Than Central Bank Monopoly on the Payments System’
Acting Comptroller of the Currency Brian Brooks points to existing stablecoin projects as an example for U.S. payments infrastructure. Go to Source Powered by WPeMatico
Open the Floodgates: US Customers to See More Crypto Accessibility
Digital payment platforms add more cryptocurrency features for U.S. customers, but will big banks take the lead? Go to Source Powered by WPeMatico
Mastercard Exec Accused of Money Laundering Cover-Up at Bank With Ties to Wirecard
Wirecard has been implicated in a new report on alleged criminal activities by a Mastercard executive operating at the FBME bank in Cyprus. Go to Source Powered by WPeMatico