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Crypto banking refers to managing digital assets, i.e., cryptocurrency, at a financial technology firm or financial services provider.
While the Bitcoin or Ethereum debate rages on between early investors and maxis, London-based bank Standard Chartered already seems to have picked a side.
American multinational investment bank and financial services company Morgan Stanley has been generously investing in the Grayscale Bitcoin Trust (GBTC), a recent filing with the US Securities and Exchange Commission (SEC) shows.
Square, which is known for its disruptive innovations in the field of finance and technology, has announced that it will be launching a new platform to support decentralized financial projects using Bitcoin.
Tether Holdings Limited, the company behind the world’s largest stablecoin by market cap, revealed more details about its reserves in an assurance opinion by Moore Cayman, an audit services provider, which concluded that the information in the company’s Consolidated Reserves Report (CRR) is accurate.
Consumerization is the influence that products originating in the consumer markets eventually have on the broader commercial markets.
The debate about the ramifications of El Salvador President Nayib Bukele’s successful push to make Bitcoin (BTC) legal tender continues as the US investment bank and financial services holding company JPMorgan Chase & Co.
Santander, one of Europe’s largest banking groups, has tweeted it will stop customer payments to Binance.
Visa announced its crypto-linked cards experience continues to grow as it records more than $1 billion spent in the first half of 2021.
Barclays UK customers have been blocked from transferring funds to Binance as the bank prohibited all credit and debit card payments to the exchange.
A report from Israel-based Globes today stated that the apex bank of Israel plans to internally test its upcoming digital shekel on the Ethereum blockchain.
The issues plaguing the financial world―whether centralized finance, insurance, lending or other assets — all come back to human error.
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.