Vast Bank, a family-owned and regional bank in Oklahoma is bringing cryptocurrencies to its customers through its new “Crypto Banking” service and this initiative might foreshadow the future of banks. …
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Fidelity’s cryptocurrency ambitions are bigger than expected. Want to learn more?
Fidelity’s plan to corner the cryptocurrency market appears to be more ambitious than previously imagined, as the asset manager looks to provide more institutional pathways to digital assets. In a …
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People’s Bank of China in Shenzhen ‘cleans up’ illegal cryptocurrency firms
The Shenzhen branch of the People’s Bank of China is taking a hardline approach to cryptocurrency-related activities deemed illegal. According to a report from state-run Shanghai Securities News yesterday, the branch has …
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Most of the world’s leading banks invest in cryptocurrency and blockchain companies
A new report from blockchain research firm Blockdata suggests that over half of the world’s biggest banks are getting exposure in crypto and blockchain companies. The firm says that out of …
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US Banks have called to Include Bitcoin and crypto in their plans for this important reason
In a new report titled “Understanding Crypto: What banks need to know,” the American Bankers Association (ABA) has urged banks across the country to partner with crypto firms. The need …
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American bankers association encourages partnerships with crypto firms in new report
The American Bankers’ Association (ABA) has issued a new report that suggests banks consider partnerships with crypto firms based on the increased profitability of the sector and client interest. The …
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Why Thailand’s oldest bank is bullish on DeFi. Let’s find it out
Mukaya “Tai” Panich, Chief Venture and Investment Officer of Siam Commercial Bank’s venture arm SCB 10X, imagines a world in which decentralized finance (DeFi) powers the back-end of traditional finance …
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Swiss Private Bank says its wealthy clients are interested in cryptocurrency
In a recent interview, Zeno Staub, the CEO of Swiss private banking and investment management group Vontobel Holding AG, talked about their clients’ interest in crypto. The Vontobel CEO’s comments were made …
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Big Indian banks take stakes in trade finance blockchain firm
Fifteen of India’s largest banks have invested in a fintech firm that aims to use blockchain to speed up domestic letters of credit, a first in domestic trade finance, regulatory …
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Bank of Thailand promotes blockchain in new guidelines
Thailand’s central bank yesterday published guidelines to regulate and promote the use of blockchain technology in the financial sector. Released by Siritida Panomwon Na Ayudhya, assistant governor of the payment systems policy …
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