German Neobank Offers Bitcoin Accounts With 4.3% Interest
German neobank Bitwala offers users interest rates up to 4.3% with its new Bitcoin Interest Account product. Go to Source Powered by WPeMatico
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JPMorgan Provides Banking Services to Crypto Exchanges Coinbase and Gemini
Coinbase and Gemini reportedly had their accounts approved with JPMorgan Chase in April. Go to Source Powered by WPeMatico
Main Barrier to CBDC Is Philosophy, Not Tech, Says European Central Bank Rep
ECB executive board, Yves Mersch, believes that the main impediment for CBDC is philosophical rather than technological. Go to Source Powered by WPeMatico
Virtual Consensus 2020 Kicks Off with ECB Official Discussing CBDC
Major crypto event, Consensus: Distributed, kicks off virtually, with ECB board member Yves Mersch discussing central bank digital currencies. Go to Source Powered by WPeMatico
China’s Blockchain Love Affair Continues With New Financial Pilot
A pilot program is underway in Hainan’s province that aims to strengthen cross-border payments via blockchain technology. Go to Source Powered by WPeMatico
Even in 2020, Banks Will Still Prevent Access to Cryptocurrencies
Even in 2020, there are several banks around the world that will prevent customers from buying or selling cryptocurrencies. One way to circumvent those issues is by utilizing crypto debit cards, even though they rely on the banking system as well. Banks have always had a love-hate relationship with Bitcoin and other cryptocurrencies. Banks Still … Read more
Gold Ownership Has Been Difficult, Until the Days of Crypto
Innovations in blockchain technology are changing the paradigm and even the concept of possessing gold. Go to Source Powered by WPeMatico
No Global Central Bank Is Working on Retail Digital Currency Use, Says R3
R3 claims that no central bank is currently pursuing the development of a retail CBDC Go to Source Powered by WPeMatico
Central Bank Digital Currencies: Changing the Architecture of Money
Central bank digital currencies are in the process of transforming the way money works for everyone — from the largest financial institutions to consumers Go to Source Powered by WPeMatico
World’s First Crypto Bank Adds Support for Ripple’s XRP
Sygnum Bank’s customers can now buy, hold, and trade XRP using traditional fiat currency deposits Go to Source Powered by WPeMatico