© Reuters. Global financial services company JPMorgan (NYSE:) continues exploring the benefits of blockchain, deploying the technology to eliminate some restraints of…
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- Cryptocurrency Market
US debt ceiling, declining trust in banks send ETH staking to record highs
by WorldFinanceby WorldFinance 1 minutes readThe number of staked Ether (ETH) in May reached a new all-time high of 2.96 million ETH, approximately 2.46% of the total…
- Cryptocurrency Market
Former House Rep blames industry outsiders for associating crypto with bank’s failure
by WorldFinanceby WorldFinance 1 minutes readBarney Frank, a former member of the United States House of Representatives and board member of Signature Bank (OTC:), has pointed fingers…
- Cryptocurrency Market
Indian banks asked ‘to prepare for the future’ with AI and blockchain
by WorldFinanceby WorldFinance 1 minutes readA top federal official representing India’s central bank has recommended all banks adopt artificial intelligence and blockchain technology to ensure sustainable growth…
- Cryptocurrency Market
Binance considers allowing traders to secure collateral at banks: Report
by WorldFinanceby WorldFinance 1 minutes readCryptocurrency exchange Binance is reportedly exploring a potential solution to reduce counterparty risk by allowing some of its institutional clients to keep…
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Hong Kong and UAE central banks collab on crypto rules, fintech development
by WorldFinanceby WorldFinance 1 minutes readHong Kong and the United Arab Emirates’ (UAE) central banks are looking to collaborate on cryptocurrency regulations and financial technology development. On…
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7 central banks and BIS continue examination of ongoing policy issues for retail CBDC
by WorldFinanceby WorldFinance 1 minutes readThe Bank for International Settlements (BIS) and a group of central banks have published a paper detailing their “ongoing policy perspectives” on…
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German banks slowly adopt crypto, mostly for institutional investors
by WorldFinanceby WorldFinance 1 minutes readFor a long time, German banks largely neglected the cryptocurrency industry, considering it too speculative, too risky and too unregulated. Foreign institutions,…
- Cryptocurrency Market
Crypto Biz: Tether flees from banks, Ledger’s backdoor for seed phrases and more
by WorldFinanceby WorldFinance 1 minutes read© Reuters Banks want to reduce exposure to crypto businesses, just as crypto businesses are seeking to reduce exposure to the ongoing…
- Cryptocurrency Market
Zimbabwe Banks Explore Gold-backed Digital Tokens as Loan Collateral
by WorldFinanceby WorldFinance 2 minutes readZimbabwe Banks Explore Gold-backed Digital Tokens as Loan Collateral Zimbabwean banks explore gold-backed digital tokens as collateral. The country plans to establish…