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Tag: Banks

Cryptocurrency custody gives commercial banks a foothold in the market

May 25, 2021 wp-bot Cointelegraph

The crypto custody business blossomed in 2019, spearheaded by fintech firms, but now its center of gravity might be shifting.

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‘Chinese Invented Paper Money and They Will End It’- Brazil’s Far-Left Praises Digital Yuan  

May 25, 2021 wp-bot Bitcoin News

Digital currencies, those issued by central banks in particular, have been commended for their “disruptive nature.” The praise comes from a publication associated with one

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Bank of Korea Seeking Technology to Develop Digital Currency

May 25, 2021 wp-bot Bitcoin News

South Korea’s monetary policy regulator is taking steps to create its own digital coin. Bank of Korea is now looking for a technology provider to

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Bank of Russia to Launch Digital Ruble Prototype by End of Year

May 20, 2021 wp-bot Bitcoin News

The Central Bank of Russia (CBR) is preparing to release a digital prototype of the national fiat towards the end of 2021, a high-ranking official

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Swiss Sygnum Bank to offer custody for Internet Computer token

May 18, 2021 wp-bot Cointelegraph

Major Swiss crypto bank Sygnum is planning to launch options trading for the ICP token at a later date.

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Banking system consumes two times more energy than Bitcoin: research

May 17, 2021 wp-bot Cointelegraph

According to Galaxy’s estimates, the annual energy usage of Bitcoin stands at 114 TWh, while the banking industry consumes over 260 TWh each year.

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Blockchain
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