Hundreds of small US banks are set to offer Bitcoin (BTC) trading services during the first half of 2022 as digital assets continue to become popular among clients. According to …
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The Reserve Bank of India is setting up a fintech department to keep up with crypto
The Reserve Bank of India (RBI) has created a new department to identify challenges and opportunities in financial technology, particularly around cryptocurrency. The new fintech department has been operational since …
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Russia’s largest bank, Sberbank, launched the country’s first blockchain-focused ETF
On Thursday, December 30, Russia’s largest bank, Sberbank, launched the country’s first blockchain exchange-traded fund. In particular, the fund is called the Sberbank Blockchain Economy ETF, and it trades on …
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German savings banks want to enable Bitcoin (BTC) for 50 million clients
German savings banks are reportedly planning to allow customers to invest in major digital currencies like Bitcoin and Ether directly from checking accounts. Savings banks in German-speaking countries, also known …
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BoE deputy governor Sir Jon Cunliffe says cryptos could pose a danger to the financial system
Bank of England (BoE) deputy governor Sir Jon Cunliffe has warned that the rapid growth of cryptocurrencies could pose a serious threat to the established financial system. In an interview …
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Banking giants Wells Fargo & HSBC announce plans to use blockchain in settling forex transactions
Banking giants Wells Fargo and HSBC have announced plans to leverage blockchain technology in settling matched foreign exchange transactions. In a press statement, the two entities indicated that they will deploy the …
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Spanish banks seek clarity on how to legally offer cryptocurrency to their clients
Spanish banks are now investigating the possibility of offering crypto assets to their clients. The fear of missing out on a potential boom has prompted several businesses to inquire as …
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Institutional customers of Arab Bank Switzerland will be able to store, trade & stake Tezos
Arab Bank Switzerland will enable its institutional clients to store, stake, and trade XTZ – the native cryptocurrency of the popular blockchain project Tezos. This announcement comes amid the token’s …
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Oklahoma family-wwned bank brings cryptocurrency to its customers
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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Cardano (ADA) creator slams central banker who says that crypto industry is full of scammers
Federal Reserve Bank of Minneapolis President Neel Kashkari has once again riled up the cryptocurrency community with his recent tweet, in which he says that the cryptocurrency industry is only …
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