The growing inflation around the globe is no secret as consumer price indices have hit new highs in both England and the United States. While the U.S feds decided to…
Bank
-
-
Switzerland’s SEBA Bank has announced that it is launching a digital token that allows investors to own physical gold. The release noted that the Gold Token will be “a regulated…
- Blockchain
Russian Central Bank Bars Mutual Funds from Investing in Cryptocurrencies
by Mikiby MikiThe Bank of Russia has issued new rules for the mutual funds operating their businesses in the country, banning mutual funds investment in cryptocurrencies. On Monday, December 13, the…
- Ethereum
BBVA Switzerland becomes the first traditional bank in Europe to add Ethereum to its crypto offering
by Mikiby MikiThe Swiss division of the Spanish banking giant, Banco Bilbao Vizcaya Argentaria (BBVA), recently expanded its crypto offering, announcing the addition of Ethereum to the bank’s investment portfolio. BBVA Switzerland…
- All Alt Coin
Myanmar Opposition Government Adopts USDT as Official Currency Despite Central Bank Ban
by Mikiby MikiThe NUG in Myanmar announces that it will start accepting USDT to facilitate trade and payments, even as military government is still in control. The National Unity Government (NUG) of…
- All Alt Coin
BBVA Switzerland becomes first traditional bank in Europe to offer ETH to clients
by Mikiby MikiEthereum, the largest altcoin has a massive ecosystem of decentralized finance use cases with rapidly growing adoption. More institutional investors are seeing ether as a store of value. As per a…
- Blockchain
Thai Central Bank Urges Less Engagement With Crypto, Other Sectors See Otherwise Instead
by Mikiby MikiDue to the volatile nature and potential risks to the financial and payment stability of cryptocurrencies, the Bank of Thailand (BOT) has urged commercial banks to stay away from trading…
-
The Bank of Tanzania is exploring ways to introduce a Central Bank Digital Currency (CBDC) on its monetary system to enhance the domestic payment system. That is according to Bloomberg…
- Blockchain
Singapore’s OCBC Bank Weighs Launching Crypto Services Amid Surge in Customer Interests
by Mikiby MikiOverseas-Chinese Banking Corporation (OCBC) is considering launching a cryptocurrency exchange. The bank’s CEO, Helen Wong, told Bloomberg media outlets last Friday, November 19, about the development and said: “We are…
-
According to Tony Richards – Head of payments policy at the Reserve Bank of Australia (RBI) – the assumption that 5% of the local population are Dogecoin owners is exaggerated.…