Simplified Blockchain Tech Is Helping Bring Banks out of the Stone Age
An archaic blockchain technology helps a technology company convince U.S. bank regulators that the transactions are free of money laundering. Go to Source Powered by WPeMatico
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Ghana’s Central Bank Confirms It’s Still Looking to Pilot a Digital Currency
The Bank of Ghana’s first deputy governor says the institution remains committed to piloting a central bank digital currency. Go to Source Powered by WPeMatico
South Korea’s NH Bank Forms Blockchain Financial Services Consortium
The South Korean NH NongHyup Bank has announced a memorandum of understanding to research and develop blockchain-based financial services through a new consortium. Go to Source Powered by WPeMatico
The Code Is Key: Solutions for Overcoming DeFi Security Breaches
The DeFi sector can embrace a positive future by following comprehensive security audits and by ensuring best practice in due diligence and quality assurance. Go to Source Powered by WPeMatico
Ball’s in Their Court: Crypto Custodians Waiting on Regulators to Act
Crypto custody firms are mostly treated like traditional assets, ignoring the uniqueness of digital assets and its various complexities. Go to Source Powered by WPeMatico
New Head of US Regulator and Former Coinbase Lawyer Invites Banks and Crypto to Collaborate
Following a request for input on how crypto and banking can work together, new acting Comptroller of the Currency Brian Brooks talks first priorities in work with the industry. Go to Source Powered by WPeMatico
US Turmoil and Negative Interest Rates – Billionaire Michael Novogratz Says ‘Watch Gold and Bitcoin’
For the first time since October 2019, Federal Reserve Chair Jerome Powell admitted to leveraging quantitative easing (QE) tactics. Powell explained on Friday, the central bank is now comfortable with leveraging QE on a regular basis. Furthermore, the Fed is planning on utilizing negative interest rates in the near future, according to a number of … Read more
Swiss Bank Maerki Baumann Launches Crypto Custody and Trading
Swiss private bank Maerki Baumann deepens crypto push by adding crypto custody and trading services. Go to Source Powered by WPeMatico
Indian Banks Still Cryptophobic Despite No Banking Prohibition
Here are the legal resources available to Indian crypto users and businesses if a bank has declined services out of cryptophobia. Go to Source Powered by WPeMatico
Swiss Regulators Green Light Crypto Transactions for Local Bank
InCore bank becomes the first Swiss business-to-business bank approved by the financial watchdog to operate with digital assets. Go to Source Powered by WPeMatico