Latest Posts with Bank tag

Bank

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Kraken become first American Crypto Bank

16 Sep 2020 1 minute read 0 comments Yoijo

As they announce on their blog, the State of Wyoming has approved Kraken's request to form the world's first Special Purpose Depository Institution (SPDI).  Kraken Financial will be the first regulated U.S. bank to provide deposit-taking, custody an...

Kraken has been approved as America's first crypto bank

16 Sep 2020 1 minute read 0 comments WlanWerner

The American crypto exchange, Kraken, has received permission to create America's first crypto bank (Special Purpose Depository Institution (SPDI)) which will named Kraken Finance. The new concept is fully tailored to cryptocurrency companies and wil...

Expanded Unemployment Benefits

9 Sep 2020 9 minute read 2 comments BTCghost

Status as of yesterday evening, specifics on extended unemployment benefits for all 50 states. Saturday August 8th 2020, at a press conference from his golf club in Bedminster New Jersey, President Donald Trump issued one of several executive orders...

Wirex Bank

16 Aug 2020 1 minute read 0 comments Lunatic74

Hello everyone, I apologize for my absence but between work and a big move, I don't have time to publish.I count on you for tips as much as possible and to get the message across to your members. ;)  -The Wirex parent company is located in London. -T...

Goldman Sachs allowed the release of its own digital currency

7 Aug 2020 1 minute read 0 comments Danyakot

The largest us investment Bank, Goldman Sachs, does not exclude the possibility of issuing its own stablecoin. This was stated by the new head of the Bank's digital assets Department, Matthew McDermott, CNBC reports. "We are studying the commercial v...

Blockchain capability #3: Banks for everyone

29 Jul 2020 1 minute read 0 comments fractalbit

Problem: Is it easy to open a bank account? A regular ordinary bank account? And what problems come when you're using it? First of all, you have to be a legal resident of a country. Then you have to be of legal age. Also, you better not have any prio...

The OCC to let national banks provide crypto custody services!

23 Jul 2020 1 minute read 0 comments AWANKASH

According to a public letter from Senior Deputy Comptroller and Senior Counsel Jonathan Gould any national bank can hold cryptographic keys for their clients. This marks a new era for cryptocurrencies, because before that was only allowed to a speci...

Why are Western central banks dropping gold?

16 Jul 2020 1 minute read 4 comments patou

Because gold is a universal reserve currency competing with their monkey currencies. (monkey money is an expression that designates a currency that has no real value.) If gold moved on a free market, it would determine the value of currencies. Centra...

Why Banks Continue To Block Cryptocurrency Transactions

13 Jul 2020 3 minute read 0 comments PassionCryptodotcom

The COVID-19 crisis has brought many new users into the world of cryptocurrencies. However, one of the main concerns of users is whether their bank cards can be blocked due to the purchase of a cryptocurrency or when withdrawing funds from a crypto a...

Slow-and-Steady Might Be Paying off for Banks

12 Jul 2020 1 minute read 0 comments FinRev

Most of us are familiar with the fable about the tortoise and the hare. A slow-moving turtle challenges a speedy rabbit to a race. The hare sprints off from the starting line, leaving the tortoise in his literal dust. Feeling overly confident about w...