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Bank of Japan governor Haruhiko Kuroda questioned Bitcoin’s use case during an interview yesterday, business news outlet Bloomberg reported.
BankDhofar, the second-largest bank in the Sultanate of Oman, has teamed up with blockchain-based payments network RippleNet, as per a release today.
London-based HSBC Holdings, one of the world’s biggest and Europe’s second largest bank, has no plans to offer Bitcoin or crypto products to its clients, a report on news outlet Reuters said today.
Last week’s crypto market meltdown has proved yet again that “the value of Bitcoin is entirely based on wishful thinking,” according to a research note recently published by Deutsche Bank analysts.
Major American investment bank Goldman Sachs has seemingly recognized that cryptocurrencies are an emerging new asset class after all—despite stating otherwise just a year ago, according to its recent report.
JPMorgan research analysts have said that institutional investors are swapping Bitcoin for gold for the first time in six months.
The National Bank of Egypt (NBE) has partnered with Ripple (XRP) to establish a cross-border payments corridor with the United Arab Emirates via RippleNet, according to a press release published on Tuesday.
Major Swiss investment banking company UBS is currently in the “early stages of planning” to offer its rich clients some options to invest in cryptocurrencies, knowledgeable sources told Bloomberg today.
American multinational investment bank Citigroup is reportedly developing crypto-related services such as trading, custody, and financing due to rapidly growing interest from clients.
Executives of crypto custody firm NYDIG said Wednesday that hundreds of US banks are onboarding Bitcoin (BTC) related services for their clients, as per a report on business outlet CNBC.
The Digital Dollar Project, a non-profit organization co-founded by former Commodity Futures Trading Commission (CTFC) chairman Christopher Giancarlo, plans to launch five pilot programs focused on central bank digital currencies (CBDCs) within the next 12 months, a report by Reuters said yesterday.
On Friday night, a massive image appeared on the Bank of England’s building in London stating that “Bitcoin fixes this.” Look what someone projected onto the Bank of England last night.
American investment bank JPMorgan has teamed up with Singaporean DBS Bank and holding company Temasek to develop a blockchain-based interbank remittance system, dubbed Patrior, that aims to soothe some of the most common “pain points” in the sector.
Bequia, a small island in the Caribbean just 18 square kilometers in size, is primed to become the world’s first fully Bitcoin-enabled community, Euronews reported earlier this week.
National Westminster Bank (NatWest), a major retail and commercial bank in the United Kingdom, will stop serving any businesses that accept or otherwise transact cryptocurrencies, news daily The Guardian reported yesterday.
Bank of England (BoE), the UK’s central bank and the world’s eighth-oldest bank, said it would form a task force to explore the launch of a digital currency, as per an official release today.
The Central Bank of Argentina is asking local banks to scrutinize clients that hold Bitcoin and other cryptocurrencies and engage in business or trading activities using the assets, local news reports from last week showed.
An official of the People’s Bank of China (PBoC), the country’s central bank and chief financial regulator, said yesterday that the burgeoning Bitcoin space was one of the reasons behind the resurgence of the country’s own digital currency plans.