Basel Commission Says Banks Should Have Sufficient Cash to Cover Bitcoin Loss
The Basel Banking Supervisory Board (BCBS) has suggested that banks should prepare enough funds to fully compensate for their losses in Bitcoin holdings, a “conservative” measure that could prevent major banks from using Bitcoin on a large scale. This was reported on the 10th (local time) by YouTube. Therefore, Switzerland-based BCBS has placed Bitcoin in …. Read More
Zhou Xiaochuan talks about digital renminbi: banks, third-party payment institutions, etc. are all in one boat
Zhou Xiaochuan talks about digital renminbi: banks, third-party payment institutions, etc. are all in one boat Will the digital renminbi, which is being piloted, replace the U.S. dollar? Is it closely linked to the internationalization of the RMB? What is the relationship with third-party payment? Zhou Xiaochuan, President of the Chinese Society of Finance and …. Read More
New York Digital Group “Hundreds of small US banks to hold and trade bitcoins” Other Cryptocurrency and Virtual Currency Newswire [Blockchain Foreign News Briefing]
New York Digital Group “Hundreds of small US banks to hold and trade bitcoins” Other Cryptocurrency and Virtual Currency Newswire [Blockchain Foreign News Briefing] May 11 Coincode Blockchain Foreign News Briefing ▲ New York Digital Group “Hundreds of small US banks to hold and trade bitcoins will be launched” After the New York Digital Group …. Read More
New York Melon Bank, one of the top 10 U.S. banks, enters the virtual asset market in earnest
BNY Mellon [Digital Today Reporter Hyunwoo Choo] One of the top 10 banks in the United States and the oldest bank in the United States, BNY Mellon is seeking to enter the virtual asset (cryptocurrency) market, and Coinpost reported on the 8th (local time). . New York Melon Bank was recently chosen as the provider …. Read More
Internet specialty banks expand supply of medium-interest-rate loans.. Cut the highest interest rate to 20% from July this year.
Internet specialty banks expand the supply of mid-interest rate loans. The Financial Services Commission announced that it will reorganize the system so that middle-interest-rate loans are supplied to the middle and low credit groups. The policy is to induce the absorption of low-credit users by cutting the highest interest rate. On the 30th, an amendment …. Read More
54% of virtual asset users, “Use consignment services provided by traditional banks”
More than half of the users of virtual assets were found to be positive in using the virtual asset consignment service that traditional banking sectors participate in. When Pigeon Wallet recently conducted a survey of 2,894 users around the world asking’willingness to use the virtual asset consignment service that traditional banks participate in’, more than …. Read More
Bitcoin Daily: American Express Ventures Invests In FalconX; Malta’s Banks Skeptical Of Blockchain – pymnts.com
Bitcoin Daily: American Express Ventures Invests In FalconX; Malta’s Banks Skeptical Of Blockchain pymnts.com Go to Source
Big banks take baby steps toward commercializing blockchain – CNBC
Big banks take baby steps toward commercializing blockchain CNBC Go to Source
JP Morgan Veteran Daniel Masters Explains How Blockchain Will End Commercial Banks – Forbes
JP Morgan Veteran Daniel Masters Explains How Blockchain Will End Commercial Banks Forbes Go to Source
Bitcoin, Ether Slump; Banks Can Now Back Stablecoins – Forbes
Bitcoin, Ether Slump; Banks Can Now Back Stablecoins Forbes A Record $1.2 Billion in Bitcoin Has Now Moved to Ethereum Decrypt ‘If DeFi Collapsed, Bitcoin Would Still Be Bitcoin’ Cryptonews Unknown entity transfers $166 million worth of Bitcoins Nairametrics View Full Coverage on Google News Go to Source