South Korea’s local media outlets have urged commercial banks to say “thank you, crypto,” with asset investors flocking to their platforms to set up fiat on/off ramps for the trading of their tokens. A report from SBS cited by cryptonews.com stated that the K-Bank recorded 1.7 million new accounts being opened in just the first three months […]

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It’s been a tough week for Turkey’s crypto traders. But finally some good news: the government has ruled out an outright crypto ban.

In brief Banks in America are reportedly rolling out cameras with machine-learning software to surveil people, claiming it’ll help reduce fraud, provide a...

Binance.US, the affiliate of overseas cryptocurrency exchange Binance Holdings Limited, has hired a former top US Banking regulator in the person of Brian Books as its new Chief Executive Officer (CEO). Brooks confirmed that he would begin with his new position on May 1. According to Blockchain.news, the new CEO would not have taken the job “if […]

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The Norwegian Central Bank, Norges Bank, is yielding to the recommendations of an internal working group, to proceed with the testing of a technical solution for the proposed Central Bank Digital Currency (CBDC) for the country. According to the bank’s official announcement, the launch of the technical solution testing for the CBDC became imperative as

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With the rise of the digital era, chatbots have launched innovative ways for banking and financial services to interact with customers. Chatbots for...

After showing a record momentum, the downward spiral in Bitcoin prices has begun, with the largest cryptocurrency by market capitalization falling below the $50,000 mark. In the last 24 hours, the prices of Bitcoin have fallen by around $4300, and with this, the cryptocurrency registered a loss for the seventh time in the last eight …

The number of US-based financial institutions looking into launching cryptocurrency services continues to grow, and the latest to join the ranks is Charles Schwab. Nevertheless, founded in 1971, Charles Schwab expects clearer crypto regulations before opening such products to the 32 million brokerage accounts employing its services. Headquartered in Texas, Charles Schwab is an American […]

Also, Citi is claiming that while the digital asset industry is expected to grow as a whole, Bitcoin’s dominance could continue to decline as it’s going to be affected by the usefulness of other cryptocurrencies.

The post Bitcoin Dominance Sinks Below 50% (April 23, 2021) appeared first on BitPinas.

CryptoNinjas » FDT receives $2.15M bridge funding to introduce crypto card payment rails in Asia

First Digital Trust (FDT), an Asia-based qualified custodian and trustee capable of holding both traditional and digital assets, announced it has secured $2.15 million in funding to bring a digital asset payment service upgrade to the region. The convertible note round, led by private investors including Nogle, has enabled FDT to launch a debit and […]

CryptoNinjas » FDT receives $2.15M bridge funding to introduce crypto card payment rails in Asia

A new paper on blockchain technology and competition has recently stated that traditional Indian financial institutions might encounter strong competition in areas such as cross-border payments from blockchain-based platforms like Ripple. The paper is from the Ernst & Young Consultancy for the Competition Commission of India. The authors cited some reasons why companies like Ripple can apply […]

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The Bahamas and Cambodia outrank China in countries with the most advanced Central Bank Digital Currency Development, according to the PricewaterhouseCoopers (PwC) accounting firm. In a news report that was released by the PwC cited by Blockchain.news, it showed that the Bahamas, with its Sand Dollar, is the most advanced retail CBDC owing to the […]

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