Hong Kong’s Largest Virtual Bank Offers Crypto Conversion Services – Finance Bitcoin News
ZA Bank, Hong Kong’s biggest virtual-only lender, intends to expand its business into the region’s growing digital assets sector. The...
Finance
Despite Using Euro, Montenegro to Develop Own Digital Currency With Ripple – Finance Bitcoin News
Montenegro intends to create and issue its own digital currency with help from U.S.-based crypto company Ripple. The Southeast European...
Dollar to Play Lesser Role Due to Its Weaponization, Digital Currencies, Economist Jeffrey Sachs Says – Finance Bitcoin News
Within the next decade, the U.S. dollar will play a much less dominant role than it is today, according to...
‘It Will Be Spectacular, Capitulation Will Be Epic’ – Finance Bitcoin News
Peter Schiff, economist and known gold bug, believes that the price uptick that gold is currently experiencing will extend in...
Swiss State-Owned Banking Giant Postfinance to Offer Crypto Services – Finance Bitcoin News
Postfinance, one of Switzerland’s largest retail banks, will offer customers access to major cryptocurrencies and related services. The state-owned financial...
Core Inflation on Upward Trend, Further Rate Hikes Expected, ECB Execs Say – Finance Bitcoin News
Amid underlying inflationary pressures, further interest rate increases may still be needed, members of the European Central Bank’s Governing Council...
Household Crypto Holdings Included in Bank of Russia’s Consumer Finance Survey – Finance Bitcoin News
The Central Bank of Russia has added crypto asset holdings of households to its survey of consumer finances. The statistics...
Bitcoin Millionaire Tim Draper Advises Startups to Keep Bitcoin as a Hedge Against a ‘Domino’ Run on the Banks – Finance Bitcoin News
Tim Draper, a venture capitalist and bitcoin millionaire, has included bitcoin as part of a series of cash management recommendations...
French Authorities Raid 5 Major Banks Over Accusations of Money Laundering and Fiscal Fraud – Finance Bitcoin News
On Tuesday, French officials conducted raids on five major banks located in and around Paris, including Societe Generale, BNP Paribas,...
Digital Euro Key for European Payment Autonomy, ECB President Lagarde Says – Finance Bitcoin News
The digital euro has an important role in preserving the payment autonomy of Europe, the head of the eurozone’s monetary...
Shares of Deutsche Bank, Other Euro Lenders Tumble – Finance Bitcoin News
Deutsche Bank shares plunged on Friday, along with the stocks of other European banks, amid investor concerns over the stability...
Yellen Says US Could Back All Deposits at Smaller Banks if Needed to Prevent Contagion – Finance Bitcoin News
U.S. Treasury Secretary Janet Yellen says the federal government could guarantee all deposits of smaller banks if they “suffer deposit...
US Lawmaker Urges Government to Guarantee All Deposits to Avoid Runs on Smaller Banks – Finance Bitcoin News
A U.S. congressman has urged the federal government to temporarily insure every bank deposit in the country. Following the collapses...
Russian Parliament Votes on Bill Opening Door for Digital Ruble – Finance Bitcoin News
Russian lawmakers have approved a draft law facilitating the implementation of the digital version of the national currency, the ruble....
European Commissioner Says Impact of SVB Collapse ‘Limited’ as Credit Suisse Drags Down Banking Stocks – Finance Bitcoin News
Silicon Valley Bank’s (SVB) collapse has had a “limited impact” on the European Union but authorities must still “stay alert”...
Signature Bank Closure Has Nothing to Do With Crypto, Says Regulator – Finance Bitcoin News
The decision to close down Signature Bank had “nothing to do with crypto,” said the New York State Department of...
Bank of Russia Registers Another Digital Asset Issuer – Finance Bitcoin News
The Central Bank of Russia has added another entity to its register of authorized issuers of digital financial assets. The...
Iran’s Crypto Rial Project Enters Trial Phase – Finance Bitcoin News
The pre-trial stage of the project to introduce a digital Iranian rial has been completed successfully, the country’s central bank...
Digital Real Pilot to Run on Ethereum-Compatible, Permissioned Blockchain – Finance Bitcoin News
According to the Central Bank of Brazil, the digital real pilot project will use an Ethereum-compatible, permissioned blockchain for the...
Russian Bank Issues Bank Guarantee in Chinese Yuan Using Blockchain – Finance Bitcoin News
A bank in Russia has issued the country’s first blockchain-based bank guarantee denominated in Chinese currency. The financial institution underscored...
Germany’s DZ Bank to Offer Crypto Custody With Swiss Firm Metaco – Finance Bitcoin News
The second-largest bank in Germany, DZ Bank, is preparing to become a provider of custody services for crypto assets. The...
Bank of Russia to Start Testing Digital Ruble With Real Users on April 1 – Finance Bitcoin News
The Central Bank of Russia plans to launch test operations with digital ruble transactions between real customers at the beginning...
