A Major Chinese Bank Unveils the Banking Sector’s First Blockchain White Paper
The Industrial and Commercial Bank of China is the world’s largest lender by assets, and they’ve just released a crypto white paper Go to Source Powered by WPeMatico
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Banks Could Intercept Your COVID-19 Stimulus Checks — Enter Crypto
In response to the COVID-19 pandemic, the traditional banking system shows its vulnerability, which could not happen with crypto Go to Source Powered by WPeMatico
Americans Purchase $1,200 Worth of Bitcoin, While 7 Banks Fumble With Stimulus Payments
For years now, bitcoiners and cryptocurrency proponents have said the antiquated banking system will not continue to survive for very long and the financial system is showing massive cracks these days. The recent stimulus check fiasco is a prime example of the issue, as customers from PNC, JPMorgan Chase, US Bank, and Capital One have … Read more
What It Means to Be an Investor Amid the Global Pandemic
In times of crisis, such as the COVID-19 pandemic, digital options could win over traditional investments — but you need to be patient Go to Source Powered by WPeMatico
Are Banks and the Capital Markets Ready to Embrace Blockchain?
The blockchain tech adoption for traditional financial institutions will help to improve the industry — but are those institutions ready? Go to Source Powered by WPeMatico
Retail Banks in Poland Launch BIK’s Blockchain-Based Client Data Tool
The biggest credit bureau in Central and Eastern Europe launches commercial use of blockchain-based customer data platform for retail banks Go to Source Powered by WPeMatico
Major U.S. Banks Go Down Due to Stimulus Payout Demands
Major US banks go offline amid demand from trillions of dollars of stimulus payouts Go to Source Powered by WPeMatico
Multicoin Says ‘Super Apps’ Plan Behind $1.5M DeFi investment
Multicoin has invested in dForce, which is launching a DeFi “super-network” to cater to the Asian market Go to Source Powered by WPeMatico
World Bank Digs Deeper Into DLT and FinTech for Financial Inclusion
The World Bank Group outlines new tech like DLT and stablecoins as crucial for financial inclusion Go to Source Powered by WPeMatico
US Gov’t Opens Door for Fintechs to Become Lenders in COVID-19 Relief Plan
Fintech lenders can finally join the ranks of traditional banks in relief efforts for small businesses hit by COVID-19 Go to Source Powered by WPeMatico