Tag: Banks

Bitcoin Crime Usage Drops to 1%, but Banks are Biggest Culprits

Illicit Bitcoin activity dropped sharply over the past decade and now accounts for under 1% of BTC usage. But legacy banks may be...

Indian Digital Rupee Set to Launch This Week With Four Banks

The Indian digital rupee retail pilot is set to launch on Dec 1 with four banks in four cities. What does the crypto...

Japan CBDC Trial Set to Rollout with Major Banks in 2023

The Bank of Japan will roll out a pilot program for its central bank digital currency project to three major Japanese banks in...

Aussie Banks Cautious With Crypto Plans During Market Meltdown

A number of banks and financial institutions in Australia remain unperturbed about the crypto market slump. Some are still planning to push ahead...

US CBDC Proof of Concept Sees Big Banks Team Up With Fed

There has been some movement in the lethargic halls of America’s central bank regarding a CBDC. A number of banking giants have come...

Traditional Banks Offer Better Yield Than Coinbase USDC Savings

Coinbase customers can earn 1.5% APY (Annual Percentage Yield) by holding USDC coins. But, traditional banks offer better yields than Coinbase without regulatory...

Mastercard to Offer Crypto Trading to Banks With Paxos

Payments giant Mastercard is offering to help traditional financial institutions get into crypto by providing the necessary fiat rails. The project is a joint...

Crypto Companies Need Backing Capital Like Banks – Global Regulator

The global coordinator for financial regulation has put forward a proposal for cryptocurrency regulation, which it hopes countries will enact before the end...

Coinbase Reports Issues With U.S. Users Depositing and Withdrawing From Banks

Coinbase has released a statement saying it is working to fix issues preventing the exchange users from processing transactions from US banks. Earlier today,...