Latest Posts with Banking tag

Banking

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US Banking Regulator Tells Banks They Can Use Stablecoins for Payment Activities

5 Jan 2021 1 minute read 7 comments Abhimanyu Krishnan

The Office of the Comptroller of the Currency (OCC), part of the US Treasury, announced on Jan. 4 that banks could use stablecoins for payment activities.  The letter states that banks and thrift institutions can participate in independent node veri...

Effects of closing banks on the market and individuals

4 Jan 2021 1 minute read 0 comments PorshDan

When a bank is collaspe, the government and the people think that is all it is to it. That is not all. It has an impact on our daily lives. It's good to punish or close a business if it is not adhering to the roles and regulations of the country...

Is the game over for the banker's coin? Part 1

20 Dec 2020 4 minute read 6 comments paragism

Almost three years back, XRP reached its ATH of $3.4. I remember that I bought some XRP in December 2017 and sold at 5X price just within one month. The banker's coin was the talk of the crypto world at that time. Even the mainstream media was gettin...

Potential Problems with Cream.finance

14 Dec 2020 1 minute read 5 comments AlucardLife

I keep a close eye on Cream.finance because I'm currently using it as the centerpiece of my altcoin strategy. You can read the articles linked below to see my history on that.  A Risk Assessment of Cream I found a couple of dings that you may want to...

Government Aid vs. Axie Infinity

14 Dec 2020 2 minute read 6 comments AlucardLife

I've had the opportunity to provide an Axie Infinity scholarship, and it's one of the most enjoyable experiences of my life. What's more important is that I'm finding my theory true — that I'm much better at doing government's job than government. Fo...

Digital career of Banks and Financial Institutions

10 Dec 2020 1 minute read 0 comments alquimista1501

Returning to the end of 2017, I think that no one would have bet on a very little known currency and that it did not represent a safe investment due to its volatility. Bitcoin continues to be a system that could give a solid and real response, which...

Euro stablecoin launched on Stellar by one of Europe's oldest banks

10 Dec 2020 1 minute read 0 comments BLOCKCHAIN BRAIN

Joshua from the CoinTelegraph in his new article says that "The EURB is fully regulated and backed 100% by Euros, allowing banks and institutional investors to use the cryptocurrency without exposure to counterparty risk." He also said:   The bank cl...

Standard Chartered to Launch a Crypto Custody Service for Institutional Investors

9 Dec 2020 1 minute read 2 comments Abhimanyu Krishnan

Standard Chartered has partnered with asset servicing firm Northern Lights to launch an institutional crypto custody service called Zodia Custody, according to a press release published on Dec. 9. The bank’s innovation and ventures arm, SC Ventures,...

European Banks Jump Into Crypto

8 Dec 2020 2 minute read 0 comments CryptoBrowser

Spanish And German Banks Will Launch Crypto-Related Services Next Year European banks like Spain’s BBVA and Germany’s Hauck & Aufhäuser both stated their readiness to launch crypto-related custodial and investment services at the beginning of 2021. ...

Spain’s Second Largest Bank to Offer Crypto Services in 2021

8 Dec 2020 1 minute read 3 comments Abhimanyu Krishnan

BBVA, Spain’s second largest bank, will begin offering cryptocurrency trading and custody services, according to a report from CoinDesk on Dec. 8. Sources told CoinDesk that the bank would offer crypto services out of Switzerland, where regulation f...