Banking News
Bank of England Says BTC ‘May Be Worthless’, But Pound Down 98% Against BTC in 5 Years
The Bank of England (BOE) is well-known for its hawkish stance towards Bitcoin, so it should come as no surprise that its deputy governor, S...
Survey Finds Most Australians Still Have No Idea About Crypto or NFTs
Contrary to findings published last week by the Independent Reserve Cryptocurrency Index (IRCI), a new Saxo Markets survey reveals only one ...
RBA Wholesale CBDC Trial ‘Project Atom’ Heralded a Success
While the Reserve Bank of Australia (RBA) has been investigating central bank digital currencies (CBDCs) for some time, its policy position ...
CBA Account Holders May Soon Get Interest on their Crypto
Last month, the Commonwealth Bank of Australia (CBA) became the first in Australia to offer crypto to its customers. Now the country’s...
SEC Chairman Admits: Bitcoin Competes With the US Banking System
At the Digital Asset Compliance and Market Integrity Summit held in New York on December 1, Securities and Exchange Commission (SEC) chairma...
Bitcoin Slides After Hitting All-Time High in Turkey Amid Currency Crisis
Turkey is in the grip of a crippling currency crisis as the Turkish lira continues its freefall. The sell-off was sparked after President Re...
CBA’s Crypto Team to Help Track Down Money Launderers
Despite ongoing sentiment in traditional finance circles that crypto is the “Wild West”, Chainalysis, which recently partnered w...
$75 Billion Aussie Super Fund Hostplus: ‘Crypto is Too Big to Ignore’
One of Australia’s largest institutional investors believes that cryptocurrency as an investment is the economic elephant in the room, wit...
CBA Makes Investment in Winklevoss Twins’ Gemini in $400 Million Fund Raise
The Winklevoss twins have several claims to fame, the least of which is founding one of the more successful exchanges in the world, Gemini. ...
Outgoing RBA Policymaker Thinks CBDCs and Global Regulation Will Undermine Crypto
Dr Tony Richards, the soon-to-retire head of payments policy at the Reserve Bank of Australia (RBA), has warned local investors they should ...
AUSTRAC Issues Debanking Statement: ‘Australian Banks At Risk’
Australia’s anti-money laundering regulator AUSTRAC has issued a statement warning banks against closing accounts. The context is, jus...
$1 Trillion Banking Giant ING ‘Exploring’ Peer-To-Peer DeFi Lending
In the world of crypto, 2021 has been a watershed year – from bitcoin becoming legal tender to NFT mania and then, of course, the abso...