Home Banking

Banking

BIS Chief Makes Case Against State-Issued Crypto

The Bank of International Settlements (BIS) General Manager, Agustin Carstens this week made it clear that he is against central bank-issued cryptocurrencies. Speaking at the Central Bank of Ireland’s annual Whitaker Lecture, Carstens claimed that “for most countries, cash is still in high demand” so there is not necessarily a desire for it to be replaced by a state-backed cryptocurrency. He added …


JP Morgan Promotes “Faster, Cheaper” Blockchain Payments

JP Morgan Promotes “Faster, Cheaper” Blockchain Payments

A JP Morgan executive has taken the opportunity on camera to promote blockchain payment methods as ”faster and cheaper” than the traditional alternatives. Ron Karpovich, Global Head of eCommerce Solutions at JPMorgan Chase, was interviewed by CNBC’s Squawk Box earlier today where he explained blockchain technology was capable of proving the same, if not better, services than traditional banks while requiring …


Coinbase Moves with Cold Storage Trading via Custody Service, OTC Desk

US cryptocurrency exchange giant Coinbase has just announced that it plans to combine its custody service with its newly launched over-the-counter (OTC) desk in order to facilitate cold storage trading. The move is partly a response to requests by Coinbase customers who have been pushing for cold storage trading since the recent launch of the OTC desk, mainly in order …


Basel Committee Warns Against Bitcoin Threat to Global Banking

Basel Committee Warns Against Bitcoin Threat to Global Banking

The Basel Committee on Banking Supervision (BCBS) has warned that the growth of cryptocurrencies presents a risk for banking institutions. The BCBS is a committee of banking supervisory authorities that was established by the central bank governors of the Group of Ten countries in 1974. It provides a forum for regular cooperation on banking supervisory matters. BCBS has its own governance …


It’s On, Off, On again: Is Barclays Ringing the Changes with a Crypto Trading Desk?

With Barclays investing in the preliminary assessment of a cryptocurrency trading desk, the British multinational investment bank has shown that it hasn’t quite shrugged off the lure of crypto trading. The bank has been skirting cryptocurrency for some time now. In April 2018, it entered the blockchain arena, with Barclays UK announcing a new ventures unit to study “disruptive technology”. …


International Women’s Day: Women and Crypto – The Direction in 2019

It is International Women’s Day 2019, and a time for Bitcoin News to reflect on a year in print and celebrate women in fintech, and those women of all ages whose lives still remain largely uncelebrated. The point of International Women’s Day is to look back over the past year and pinpoint the successes and failures in the promotion of …


Billionaire Eugene Kaspersky Says Bitcoin Brilliant, But Too Early

Yevgeny Kaspersky, CEO of Kaspersky Lab, has suggested that although Bitcoin is a “brilliant” innovation, the world is not ready for it yet. The remarks came in an interview with Arabian Business, a weekly business magazine published in Dubai and focusing on the Middle East. Kaspersky expressed a view that digital currencies would surpass money some day but also that …


After Ditching Visa, is US Grocery Chain Kroger Courting Bitcoin?

Kroger, The United States’ largest supermarket chain by revenue and the second-largest general retailer in the country with 142 supermarkets and 108 fuel center locations, has announced that it is to stop accepting Visa credit card payments next month. The big question remains, what will replace the credit card, which has been cited as being dropped as a payment option due …


Malta Banks Deny Blockchain, Crypto Operators Custody Service

In the past year, the Island of Malta made a name for itself as it strived to become the go-to-hub for blockchain and cryptocurrency businesses. However, it now appears that startups are encountering problems with account opening in local banks, as banks say cryptocurrency businesses are outside their risk appetite. Last week, Times of Malta was able to gather information from …


123...7Page 1 of 7

Off Beat

Our Friends & Community

coinidol banner

Market Trend

powered by Coinlib
Ad

Submit Your Story

Submit Sponsored Story

buy and submit sponsored story

Submit Your PR

Submit Press Release

buy and submit press release

Read on Google News App

qr code

Newsletter

Get the best viral stories straight into your inbox!

Don’t worry we don’t spam

Events

widget id:12002 is not available. widget status: draft