EU Might Issue Digital Currency In Response to Libra – Bitcoinist.com
The European Central Bank (ECB) might issue a public digital currency, Reuters reported on Tuesday, citing a draft document. The move is meant to counteract…
Tag: Bank
Bank of Canada to Fight Crypto with Own Digital Currency – Bitcoinist.com
The Bank of Canada (BoC) is thinking about developing a digital currency that would eventually replace fiat money completely, according to local media platform The…
China Pumps $28 Billion into Economy, Crypto Waits For Boost
The Chinese central bank has pumped nearly $30 billion into the economy after recent data showed a slowdown. Chinese crypto investors may get another lucky…
OneCoin Scam Update: Bank of Ireland Officials Set to Appear in US Court
Officials of the Bank of Ireland (BOI) are set to testify against a principal actor in the alleged OneCoin crypto Ponzi scam before a U.S.…
What Happens When Crypto traders’ Accounts Are Frozen because of a Crazy Mix of Regulations
A few weeks ago, an Israeli crypto trader had a lien put on his home, his bank account and his vehicles for failing to pay…
Former UBS CEO Runs Crypto Bank – Bitcoinist.com
Peter Wuffli, former CEO of UBS, Switzerland’s largest bank, said that he saw tremendous potential in crypto banking. He shared his plans for the crypto…
Ex FED Official: Bank Of England Boss Barking Up Wrong Tree On Crypto
Going against the central bank grain Mark Carney has proposed a cryptocurrency akin to Facebook’s Libra crypto as a hedge against US dollar dominance. A…
Deutsche Bank Raided Over 2018 Danske Bank Money Laundering
German authorities have raided the Frankfurt headquarters of Deutsche Bank, for information pertaining to the 2018 Danske Bank money-laundering scandal. Prosecutors were looking for evidence…
Southeast Asia’s 2nd Biggest Bank Joins JPMorgan Blockchain Network
The US’ largest bank has signed the first lender from cryptocurrency-friendly Singapore to its Blockchain payments platform. OCBC Joins 342 Banks Keen On Quorum In…
Crypto Isn’t Sound Money, Says Swiss Central Bank Official –
Swiss central bank official Thomas Jordan says crypto isn’t sound money but stablecoins have the potential to see widespread adoption. Crypto Won’t See Mainstream Adoption…