Banking News
Billionaire Salinas is “Working with his Bank in Mexico” to Accept Bitcoin
With an estimated fortune of US$15.2 billion, Ricardo Salinas recently dipped his toe into the world of Bitcoin in a big way – to the ...
Tanzania’s Central Bank Says It’s Working on Adopting Cryptocurrencies
Tanzania’s central bank has made a u-turn on its decision to ban cryptocurrencies following orders from the East African country’...
What Are CBDCs and Stablecoins?
Everything is being dematerialised and it’s no surprise that money is quickly moving in that direction too. Central banks around the w...
Cuba Central Bank Bans US Dollar Cash Deposits
Cuba’s national bank announced on June 11 that it would temporarily put a halt to deposits in US dollars, blaming US sanctions that restri...
Berkshire Hathaway Invests $500 Million into Digital Bank Company
Warren Buffett’s American multinational holding company Berkshire Hathaway (one of the largest publicly held companies in the wor...
Standard Chartered Bank To Provide Crypto To Aussie Institutional Investors
British-based multinational banking and financial services company Standard Chartered will launch a trading platform for institutional inves...
Major Indian Bank HDFC Renounces Recent Warning About Dealing With Crypto
HDFC Bank, India’s largest private-sector banking institution, has told its customers to ignore its recent warning against transacting...
Billionare Ray Dalio Opens Up In Interview “I Have Some Bitcoin”
Ray Dalio, founder of Bridgewater Associates (one of the world’s largest hedge funds), has revealed that he holds some Bitcoin (BTC). ...
Goldman Sachs Launches Cryptocurrency Trading Team
Goldman’s cryptocurrency trading desk has been buying and selling Bitcoin (BTC) futures. The team has successfully traded two kinds of...
Bitcoin Set To Be Supported By Hundreds of USA Banks This Year
NYDIG is an American based intitutional financial services company planning to bring crypto services to hundreds of American banks by the en...
Ethereum Is Now Worth More Than Australia’s Big 4 Banks Combined
Ethereum’s market cap is now worth more than Australia’s four largest banks combined after ETH surpassed $3,895 AUD in price —...
UK is Launching a Taskforce to Study a Potential Digital Pound
The government of the United Kingdom (UK) is launching a taskforce to explore the concept of central bank digital currency (CBDC). Following...