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FED Withdraws Crypto-Asset Guidance for Banks

25 Apr 2025 1 minute read 0 comments Yugocean

     The United States Federal Reserve has announced the withdrawal of its special guidance for banks regarding crypto-asset and dollar token activities. Let’s understand it:  Source   Easier Entry into Crypto for Banks      Previously, banks in t...

Offshore Trusts, Banks And Crypto-Friendly Countries

27 Oct 2024 7 minute read 13 comments ☑️0🆇D̺͈͙͕̿ͧ̑ͣ🅰🆅🅸🅳eͤ

Have you earned a lot of funds with cryptocurrencies and do not want to "give them away" to tax agencies in your country? Well, know that generally owning cryptocurrencies are not taxable events, unless you sell in fiat or stablecoin so in this case...

Schwab is Closing My Accounts. Now What? | 4chan greentext

24 Oct 2024 1 minute read 0 comments Biz Wisdom

The friggin' nuts over at Schwab sent me a letter saying that, due to a business decision, they would be closing every one of my accounts.   The frig is this? Where do I bank now?   Ally? SoFi? Chase? I want something with checking, investing, and re...

Crypto, money for the bankless?

3 Jul 2024 1 minute read 1 comment player7o

Failed! At the early days it was even hard to get fiat into crypto, now it is much easier - if you have a creditcard or bank account, but for those you need a bank.And will all the new regulations, it´s definitly not private, the government want to k...

I Have Lost My Wallet (Well, Part of it)

22 Jun 2024 2 minute read 2 comments Great White Snark

I am considerably annoyed with myself. The reason for that is that I've lost part of my wallet (no, not a crypto wallet, an actual physical wallet that's falling apart). I've lost the part that holds my bank card and driver's license. (The piece in q...

Is Crypto Safer Than Banks? A Deep Dive into Financial Security

20 Jun 2024 2 minute read 1 comment Dex-Trade

The financial world is undergoing a significant transformation, with cryptocurrencies emerging as a revolutionary alternative to traditional banking systems. As more people explore the benefits of digital currencies, a critical question arises: Is cr...

They Say Bitcoin's Dead... But Look What Happens When They Attack It!

22 Feb 2024 1 minute read 2 comments BreakdownFab

The European Central Bank (ECB) just threw some major shade at Bitcoin, calling it a "house of cards" and predicting its inevitable collapse. But here's the twist: instead of crashing, Bitcoin is actually PUMPING! That's right, the more FUD they spre...

Novela zákona u bank v ČR / Amendment to the law on banks in the Czech Republic

20 Feb 2024 1 minute read 0 comments Alius009

CZ: Nový návrh novely zákona má umožnit firmám založit si bankovní účet. Tento návrh by platil od roku 2025, podnikatelé a firmy by tak získaly zákonné právo na zřízení bankovního účtu. V současné době banky nechtějí banky kryptoměnovým firmám založi...

Crypto in Crypto-Friendly Banks: Friend or Foe? Should You Ditch Your Wallet?

16 Feb 2024 1 minute read 0 comments BreakdownFab

I recently read an interesting article from Binance about Switzerland's Crypto Valley, giving some names of crypto friendly banks… It got me thinking – while it's definitely a hotspot for crypto businesses, there's a whole world of possibilities beyo...

Will blockchain regulations succeed in empowering those outside the traditional banking system?

15 Feb 2024 2 minute read 1 comment MikeZillo

Over time, banking and financial instruments have transitioned from exclusive accessibility to widespread availability, empowering the masses to transact effortlessly and accumulate wealth. Cryptocurrencies, notably Bitcoin, mirror this democratizat...