Tag: banks

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

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

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

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