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Stringent Banking Oversight to Be Imposed on Crypto Entities, Warns European Central Bank Official

Wyatt Newson3 years ago3 min read

European Central Bank Official Calls for Strong Regulation of Crypto Entities Andrea Enria, Chair of the supervisory board at the European Central Bank (ECB), has highlighted…

Binance Introduces Trial Initiative for Bank Custody of Collateral

Coinan Porter3 years ago2 min read

Crypto Exchange Binance Launches Program to Reduce Counterparty Risk Binance, a leading crypto exchange, has introduced a pilot program aimed at reducing counterparty risk for institutional…

Report Shows Canadians Prefer Cash Payments Over Central Bank Digital Currencies (CBDCs)

Wyatt Newson3 years ago2 min read

Canadians Prefer Cash Payments Over CBDCs: Survey A new survey conducted by the Bank of Canada reveals that Canadians are not enthusiastic about adopting a Central…

SoFi, the Online Bank, Leaves Crypto Market and Urges Customers to Withdraw Assets

Noah Rypton3 years ago2 min read

SoFi Technologies to Exit Crypto Market, Urges Customers to Migrate Assets Online banking platform SoFi Technologies Inc. has announced its decision to leave the cryptocurrency market.…

Exploring Ripple News: Federal Reserve Investigates XRP’s Impact on Central Bank Digital Currencies (CBDCs)

Cino Gaperi3 years ago2 min read

XRP Taking Center Stage The U.S. Federal Reserve has become a focal point recently due to the growing significance of XRP as the third-largest cryptocurrency. The…

Bank of Canada Reports Widespread Canadian Opposition to CBDC

Owen Patter3 years ago2 min read

Canadians Oppose Digital Loonie: Bank of Canada Survey A recent survey conducted by the Bank of Canada reveals that Canadians are overwhelmingly against the central bank…

Nifty Bank Index Surges 1.56% in Latest Stock Market Update

Cindy Dutta3 years ago2 min read

The Nifty Bank index ends on a positive note The Nifty Bank index closed higher on Wednesday, with several banking stocks recording gains. Axis Bank, Bandhan…

Controversial Digital Euro Debate: Central Bank Digital Currency Sparks Divergent Opinions among Experts

Wyatt Newson3 years ago3 min read

Experts Divided on Central Bank Digital Currency During a hearing on the potential issuance of a digital euro, experts provided testimony that did little to settle…

Bitcoin (BTC) Expected to Reach $100K in the Coming Year: Major Bank Contributes

Owen Patter3 years ago2 min read

Bitcoin’s Potential Surge to $100,000 Geoff Kendrick, the head of FX research at Standard Chartered, has outlined three factors that could drive Bitcoin’s potential surge to…

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