banks

Russian Banks MTS and PSB Test Digital Ruble for Real-World Transactions

Wyatt NewsonAug 23, 20233 min read

Testing of Digital Ruble Begins in Russia The Russian banks MTS and PSB have started testing the digital ruble, allowing “entrepreneurs” to use the CBDC for…

Binances Alleged Ties to Sanctioned Banks: Potential Violation of US Sanctions

Bitro ConwellAug 23, 20232 min read

Binance’s Alleged Ties To Sanctioned Banks Binance is accused of having connections with sanctioned banks and involvement in large-scale ruble-to-crypto trades. A recent Wall Street Journal…

Australias Central Bank Completes Pilot of Central Bank Digital Currency (CBDC)

Coinan PorterAug 22, 20232 min read

Australia Completes Pilot of Central Bank Digital Currency (CBDC) The Reserve Bank of Australia (RBA) and the Digital Finance Cooperative Research Centre (DFCRC) have released a…

El Salvadors Bitcoin Adoption Challenges IMF and Central Banks

Cyrus DaileyAug 22, 20232 min read

El Salvador’s Adoption of Bitcoin and the IMF’s Concerns El Salvador’s decision to adopt Bitcoin as legal tender was met with criticism from the IMF, who…

Banks vs. Crypto: The Fight for Existence

Cyrus DaileyAug 21, 20232 min read

Banks Are Becoming Redundant: The Threat of Crypto and Blockchain Hedge fund manager Mark Yusko argues that banks are becoming obsolete due to the advent of…

Private Banks in Uzbekistan Granted Approval to Issue Crypto Cards with Mastercard Integration

Cyrus DaileyAug 21, 20232 min read

The National Agency for Prospective Projects in Uzbekistan Approves Two Banks to Issue Crypto Cards The National Agency for Prospective Projects (NAPP) in Uzbekistan has granted…

The Threat Bitcoin Poses to Banks

Cyrus DaileyAug 20, 20232 min read

Bitcoin and Cryptocurrencies: A Threat to Traditional Banks Before the rise of Bitcoin and other cryptocurrencies, these digital currencies were associated with illegal activities on the…

Uzbekistan Banks to Launch Virtual Cards for Cryptocurrency Payments

Benito CormiAug 20, 20232 min read

Uzbekistan Banks to Launch Virtual Cards Replenished From Crypto Wallets The National Agency of Perspective Projects (NAPP) in Uzbekistan has given approval for two domestic banks…

Uzbekistan Grants Approval for Private Banks to Issue Crypto Cards

Cyrus DaileyAug 20, 20232 min read

Uzbekistan Grants Banks Approval to Issue Crypto Cards The National Agency for Prospective Projects in Uzbekistan has given permission to two private banks in the country,…

Subscribe to our Social Media for Exclusive Crypto News and Insights 24/7!

Popular News Today

banks crypto news & updates | LolaCoin.org banks