Tags : Banks

Bitcoin

After brief cheers, U.S. banks are back to bashing Bitcoin

Some US banks have restarted their outrage against Bitcoin even as others have warmed up to the asset in the past year. How prices affect sentiment Bitcoin’s infamous price gyrations are known to polarize. The asset, like most other cryptocurrencies, can move by several percentage points in a single day—a stomach-churning experience for those using […]Read More

Market

Bitcoin in Race for Adoption Before Central Banks Launch Digital

With a runway of a year or more before the Federal Reserve and other major central banks can launch digital currencies, bitcoin and other private cryptocurrencies could gain a foothold in electronic commerce. European Central Bank President Christine Lagarde says bitcoin needs to be regulated. (European Central Bank, modified by CoinDesk) Source linkRead More

Market

Crypto Markets Jump on OCC Approval for Banks to Use

Cryptocurrency prices jumped Monday evening after the U.S. Office of the Comptroller of the Currency (OCC) issued a letter approving U.S. banks to use public blockchain networks. Ether jumped nearly 12% on the letter’s release, given Ethereum’s dominance as a stablecoin payment settlement protocol. Bitcoin also gained 5% and both leading cryptocurrencies almost fully retraced […]Read More

Regulation

Is Crypto the Answer to Australian Banks Invading User Privacy?

Reports are emerging of Australian banks demanding customers complete detailed invoices over their use of funds as a condition for honoring transactions. Time for crypto to take over completely?  Australian Banks are Now Asking Invasive Questions Crypto reporter and analyst Alex Saunders has noted that he is receiving reports that banks are now demanding customers […]Read More