South African central bank mulls digital rand to streamline cross-border payments
South African central bank's Deputy Governor Kuben Naidoo said a digital rand could reduce the cost of cross-border payments for banks.
Follow crypto banking news, de-risking, stablecoin rails, fintech partnerships, and how traditional finance is adapting to digital assets.
The large investment bank announced the opening of its first-ever loan facility backed by Bitcoin. This comes a few months after their $100k price forecast for the popular cryptocurrency.
A French bank opens digital asset investments for clients with others looking to follow
A Miami based lending firm is offering crypto backed mortgages if you have 100% of the value of the home in crypto.
The banks are seeking clarity on UPI’s use for crypto transactions after NPCI said it is not aware of any crypto exchange using the payment rail.
The CEOs of Goldman Sachs and FTX met in March to address regulatory issues and potential investment rounds.
Jay Powell announces an increased pace to raise interest rates leading to a drop in crypto markets