Thursday, April 18, 2024
Vast Bank closes its cryptocurrency app and services to return to traditional banking following accusations of "unsafe practices." British bank JPMorgan's Chase banned cryptocurrency payments in September 2023 amid growing concerns about scams. The bankruptcies of...
Eleanor Terett emphasized the need for a futures-based XRP ETF as a precursor to spot-based approval. Over the past few weeks, speculation about a potential XRP ETF has been rife within the cryptocurrency community. XRP continues...
Bitcoin adoption is growing at a rapid pace and displacing fiat currencies as a financial alternative. Although various companies and people currently see Bitcoin (BTC) as a means to preserve their savings, for...
Grayscale, the largest digital asset manager, has seen more than $3.3 billion in outflows since converting its GBTC fund into a Bitcoin ETF. BlackRock and Fidelity are the biggest buyers of Bitcoin, with 39,925 and 34,127...
Blockchain has many applications in industries. Its security makes it a stepping stone for digital transformation. People may be familiar with this technology, but it has generally been associated only with cryptocurrencies. However,...
Mow emphasized BTC's potential as an opportunity for banks to secure their future, rather than a threat. Samson Mow, CEO of Jan3 and a strong Bitcoin advocate, has become a vocal challenger to...
His comments quickly sparked responses from key figures within the crypto community, highlighting divergent perspectives on financial systems. Jimmy Wales, the creator of Wikipedia, has recently generated lively debate within the Bitcoin community...
Palau announced that it successfully concluded its central bank digital currency (CBDC) pilot project with Ripple last September. Palau conducted a final survey where 81.8% of respondents showed satisfaction with the use of the digital currency....
BBVA partnered with Metaco for the custody of virtual assets for large companies and fund managers, and will operate in a few months. BBVA will custody the digital assets on Metaco's Harmonize platform. Previously, Metaco has...
CBDCs, fundamentally designed to coexist with private sector financial services, face obstacles in encouraging their adoption. The global push for central bank digital currencies (CBDCs) faces a compelling challenge: the need for private...