Banking News
$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...
ANZ Banking Chief on Crypto: ‘There is a Weight of Money You Can’t Ignore’
Between 2009 and early 2020, crypto and traditional finance operated in parallel universes. Then in March 2020, everything changed. Crypto a...
CBA Becomes the First Bank in Australia to Support Crypto Purchases
The Commonwealth Bank of Australia (CBA) officially announced today, November 3, 2021, that it will be adding cryptocurrency services to its...
Nigeria Becomes First Leading African Economy to Launch a CBDC
The Nigerian government has finally released the eNaira, the African nation’s central bank digital currency (CBDC), joining the league of ...
French CBDC Trial Incorporating Smart Contracts Heralded a Success
Banque de France, the French central bank, has successfully completed its 10-month trial using Central Bank Digital Currencies (CBDC) in the...
Precedent Set? ANZ Settles Debanking Case Brought by Bitcoin Trader
Allan Flynn, crypto trader and owner of Australian local exchange BitcoinCanberra, has settled his first complaint with the ANZ bank after b...
Morgan Stanley CEO Admits Crypto ‘Isn’t a Fad’
Cryptocurrencies may not constitute a significant part of the business demand for Morgan Stanley, a top US investment financial institution,...
Study Postulates: Nearly 45% of Consumers Around the World Will Use Crypto for Payments by 2023
According to a report on worldwide payments by the Capgemini Research Institute, the global leader in independent analysis, the payment indu...
Vitalik Buterin Says El Salvador’s Bitcoin Law is ‘Opposed to Crypto’s Idea of Freedom’
Vitalik Buterin has responded to a post regarding the Salvadorean Bitcoin rollout, calling it “contrary to the ideals of freedom”...
Payment Juggernaut Partners with Stellar and USDC for Blockchain-Based Payments
MoneyGram, one of the major global remittance services, has partnered with the Stellar Foundation (XLM) to provide a bridge between digital ...
BTC-Backed Loans a Reality as Miner Obtains $100 Million Credit to Buy More Equipment
Marathon Digital Holdings, one of the largest publicly traded American Bitcoin mining companies, has obtained a US$100 million credit line f...
Is Remittance-Dependent Tonga the Next Nation to Adopt Bitcoin as Legal Tender?
The small Polynesian island nation of Tonga will follow the example set last month by El Salvador in making bitcoin legal tender, if at leas...