Tag: Bank’s

Altcoin
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Bank for International Settlements Exec Advises Against Central Bank Digital Currencies

Brian Evans - Mar 23, 2019

Agustin Carstens, general manager at the Bank for International Settlements, gave a warning against the issuance of central bank digital currencies during a speech

agustin carstens
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Agustin Carstens: Banks Should Not Issue Digital Currencies

Brian Evans - Mar 23, 2019

Should banks design their own cryptocurrencies? According to Agustin Carstens, general manager of the Bank for International Settlements, the answer is a definitive “no.” Crypto Isn’t Cool?…

Adoption
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Central Banks Should Leave Crypto to Facebook and JPMorgan: PwC Partner

Brian Evans - Mar 22, 2019

Central banks should leave the issuance of digital currencies to corporations such as Facebook and JPMorgan, PwC France blockchain partner says

Bank Accounts
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BlockFi Lowers Interest Rates for Top Tier Crypto Deposit Accounts

Brian Evans - Mar 22, 2019

Crypto wealth management firm BlockFi has lowered the interest rates for their biggest Bitcoin and Ethereum deposit accounts

Banks
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Texas: Crypto AriseBank CEO Pleads Guilty to Deceiving Investors in $4.2 Million Case

Brian Evans - Mar 21, 2019

After admitting to deceiving investors, the CEO of AriseBank will likely now face up to 20 years in prison

Banks
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Pet Stablecoins: Why Some Banks Issue Their Own Digital Tokens, While Others Don’t

Brian Evans - Mar 20, 2019

Now that the JPM Coin is out, more banks are looking into issuing their own digital tokens. Nevertheless, some players — like Citigroup — are dropping the…

Adoption
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JPMorgan Chase Exec: Crypto Innovators Will ‘Ultimately Have to Use a Bank to Move Funds’

Brian Evans - Mar 20, 2019

JPMorgan Chase’s Ron Karpovich says there is “more partnership instead of competition” between the establishment and crypto innovators when it comes to the payments space

Banks
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Silvergate Bank Onboarded 59 New Crypto Customers in Q4 2018

Brian Evans - Mar 20, 2019

Major U.S.-based bank Silvergate signed on 59 new cryptocurrency customers in the fourth quarter of 2018

Adoption
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Six Global Banks Sign up to Issue Stablecoins on IBM’s Now-Live Blockchain Network

Brian Evans - Mar 18, 2019

Six global banks have reportedly signed letters of intent to issue stablecoins backed by their national fiat currencies on IBM’s now-live Stellar-powered payments network

Banks
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Israeli Bank Policy Should Not Have Shut Down Bitcoin Mining Firm’s Account, Court Rules

Brian Evans - Mar 18, 2019

Bitcoin deposits and banks remain a gray area in Israel after a court rules banks can refuse to accept deposits from crypto trades