Interest in cryptocurrencies from institutional and retail investors has been growing exponentially in recent months, with Bitcoin, Ether and other cryptocurrencies reaching new all-time highs. Covid-19, which is seeing a …
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NPCI refuses to ban cryptocurrency in India: the decision remains with the banks
The National Payments Corporation of India (NPCI) does not intend to block cryptocurrency trading. Instead, it plans to leave the decision to individual banks and thus they can determine their …
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Citi bank to consider launching crypto trading & custody services
Banking giant Citigroup is considering launching crypto trading, custody, and financing services. Itay Tuchman, Citi’s global head of foreign exchange, told the Financial Times in a report published Friday that the bank …
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Iran’s Central Bank Says Officially Mined Cryptocurrencies Can Be Used To Pay For Imports
Iran is continuing to explore the potential use of cryptocurrency as a tool for mitigating the devastating impact of economic sanctions imposed by the United States. According to a report from the …
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Revolut To Announce Support for 11 New Cryptocurrencies
London-based challenger bank Revolut announced that it will expand support for more cryptocurrencies. In an official PR, the firm announced that 11 new tokens would be added to its exchange platform in …
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HSBC reportedly blacklists MicroStrategy’s stock for investing in BTC
Buying MicroStrategy stock is reportedly no longer possible for HSBC customers on the bank’s online trading platform — HSBC InvestDirect, or HIDC. According to a supposed message from the bank to …
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Banks to begin blocking shares of companies that buy Bitcoin (BTC)
At the height of the last so-called Bitcoin “bubble” banks began feeling the crunch of coming competition and began blocking transactions related to “virtual currencies.” But as we’ve seen as …
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Deutsche Bank: Bitcoin Is Now “Too Important To Ignore”
In the new report, Deutsche Bank analyst and French economist Marion Laboure writes that Bitcoin can no longer be ignored after its market cap eclipsed $1 trillion: Bitcoin’s market cap …
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Morgan Stanley to becomes 1st big U.S. bank to offer its wealthy clients access to Bitcoin funds
Morgan Stanley is the first big U.S. bank to offer its wealth management clients access to bitcoin funds, CNBC has learned exclusively. The investment bank, a giant in wealth management with $4 trillion in …
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Visa CEO talks bitcoin and stablecoin servicing strategy in a podcast
Visa CEO Al Kelly detailed the company’s strategy in the podcast this week. Kelly’s comments for Fortune’s Leadership Next cover much of what Visa aims to achieve with a multi-pronged …
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