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Tag: banking

Bitcoin

Korea’s Shinhan Bank makes strategic investment in crypto custody consortium

January 11, 2021 - by coineradmin

Shinhan Bank, the oldest banking institution in South Korea, continues its efforts to introduce digital-asset custody services with a new investment. According to a Thursday report by news agency Yonhap, Shinhan …

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Bitcoin

Korea’s Shinhan Bank makes strategic investment in crypto custody consortium

January 11, 2021 - by coineradmin

Shinhan Bank, the oldest banking institution in South Korea, continues its efforts to introduce digital-asset custody services with a new investment. According to a Thursday report by news agency Yonhap, Shinhan …

Read More
Bitcoin

Indian crypto industry expanding, regulators seem reluctant to engage

November 1, 2020 - by coineradmin

The people of India are awaiting access to crypto banking services, as British-based fintech firm Cashaa has collaborated with India’s United Multistate Credit Cooperative Society to launch a crypto-centric banking …

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Bitcoin

JPMorgan turns bullish on Bitcoin citing ‘potential long-term upside’

October 24, 2020 - by coineradmin

JPMorgan, the $316 billion investment banking giant, said the potential long-term upside for Bitcoin (BTC) is “considerable.” This new optimistic stance towards the dominant cryptocurrency comes after PayPal allowed its …

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Bitcoin

Buy Bitcoin Before ‘Major Banking Crisis’ — ‘Rich Dad Poor Dad’ Author

August 21, 2020 - by coineradmin

Bitcoin (BTC) is an essential investment as the world is about to face a “major banking crisis,” popular author Robert Kiyosaki has warned. In a tweet on Aug. 21, the …

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Bitcoin

Goldman Sachs: Gold Will Hit $2,300 by 2022. What About Bitcoin?

August 3, 2020 - by coineradmin

Major investment banking company Goldman Sachs says the price of gold will rise 20% to reach $2,300 before the end of 2022. The commodity hit new record highs on July …

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Bitcoin

US Banks Get Crypto Custody Nod, but Instant Demand Surge Is Unlikely

July 30, 2020 - by coineradmin

The Office of the Comptroller of the Currency, a division of the United States Treasury that supervises banking in the country, on July 22, issued an interpretive letter clarifying that …

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Bitcoin

Income Inequality: Can Bitcoin or Other Cryptocurrencies Fix This?

July 24, 2020 - by coineradmin

The COVID-19 pandemic has forced economies to a halt and stretched the central banking system. Central banks have been printing money on a scale like never before, which makes the …

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Bitcoin

A Banking Trojan That Steals Crypto Is Targeting Latin American Users

July 17, 2020 - by coineradmin

Cybersecurity experts are warning about a family of banking trojans that target Windows users across Latin America, but this trojan happens to focus on stealing cryptocurrencies. According to a report …

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Bitcoin

JPMorgan to Pay $2.5M to Settle Crypto Fee Class Action – Bitcoinist.com

May 28, 2020 - by coineradmin

JPMorgan Chase Bank NA, the consumer and commercial branch of US banking giant JPMorgan, agreed to pay $2.5 million to settle a class action lawsuit. The suit is related to …

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