Hawaii senators have introduced a bill authorizing banks to offer custody services to digital asset classes.
Banks News
A bank is a financial organization that generates revenue by charging interest on lent capital, transaction fees and giving financial advice. The banking sphere is subject to strict governmental regulations, as it is one of the most significant agents in the financial system. Commercial banks are involved in a wide variety of activities, from personal banking and consumer finance to foreign exchange and money market trading. The World Bank is an organization with the aim of reducing poverty and helping underdeveloped countries with economic development. The World Bank Group includes five organizations, with one of them being International Bank for Reconstruction and Development (IBRD), which is often confusingly referred to as the World Bank. Modern times have reduced the barriers of global competition of banks all over the world and has made the banking sphere more and more globalized.
- News
- News
The Supreme Court of India has this listened to further hearings in the landmark case against the central bank’s ban on banks’ dealings with crypto-related busi...
- News
The Bank of International Settlements’s new survey revealed that only 10% of central banks are likely to issue a CBDC for the general public in the short term.
- News
The World Economic Forum has released a toolkit for policymakers regarding the creation of central bank digital currencies.
- Opinion
by Dan Schatt
There is a lot of work ahead on all levels — from regulators and users to businesses and customers — but the process has been initiated: Stablecoins is our inev...
- News
by Helen Partz
Hong Kong and Thailand’s central banks have stepped closer to implementing a joint central bank digital currency project for cross-border payments.
- News
Major crypto exchange OKEx is at the 50th WEF Annual Meeting in Davos this week, promoting blockchain and cryptocurrencies as a new motor for the global financi...
- News
Six major central banks and the Bank for International Settlements jointly created a digital currency research group.
- News
The Australian Prudential Regulation Authority has proposed a regulatory framework that would have it oversee digital wallets, including Calibra.
- News
Swiss-based crypto bank Seba is targeting more than $95 million in a second capital raise.
- News
by Helen Partz
JPMorgan’s blockchain spin-off Kadena has launched its public blockchain, completing what it calls the “industry’s first hybrid blockchain platform.”
- News
The central bank of China has completed the top-layer design and joint testing of its soon-to-be-released central bank digital currency.
- News
Christine Lagarde has pushed for the bank’s involvement in the development of a CBDC to address the demand for faster and cheaper cross-border payments.
- News
China’s central bank reports that it is “progressing smoothly” with its development of a government-backed digital currency.
- News
The non-profit organization Hong Kong Institute of Bankers has onboarded six virtual banks as corporate members.
Editor’s Choice
- Bitcoin ‘Needs More’ PR from People Like Peter Schiff: Binance CEO
- Litecoin Creator Proposes Miners Voluntarily Donate 1% for Development
- CV Summit United Blockchain Leaders and Enthusiasts in Davos
- User Retention: The Holy Grail for DApps Moving Beyond Buzzword Status
- Bitcoin Risk-Return a ‘Different Beast’ Compared to Amazon: Analyst