Tag: banks

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Allied and Finastra Are Creating a New Digital Wallet System for Banks

Allied Payment Network and Finastra are joining hands to create a new product known as the Allied Bitcoin Wallet, which will be available to...

Mexico Rebukes Pliego’s Calls for BTC Transactions

Not long ago, a billionaire in Mexico named Ricardo Salinas Pliego stated that he was working with his bank (known as Banco Azteca) to...

Banks Seem To Have Different Opinions on Bitcoin

As the bitcoin space continues to grow, major banks and financial institutions around the world are completely confused about what to make of it...

Huw van Steenis: Banks Aren’t Afraid of Crypto; They Just Want to Overpower It

Up to this point, the hidden narrative is that central banks are somehow threatened by bitcoin… That they are fearful of it, and that...

Switzerland’s UBS Group Looks Into Providing Crypto Tools to Customers

The line between crypto and traditional banking services is beginning to thin out even more. UBS Group, one of the largest investment firms in...

All That Crypto You Bought Through PayPal? It Ain’t Yours…

If you think the bitcoin or cryptocurrencies you purchased through PayPal are officially yours, think again. As it turns out, anyone who purchases digital...

Banks Are Feeling Crypto Heat Thanks to Coinbase

Coinbase has gone public, and it looks like Wall Street and some of America’s largest and most prestigious banks are feeling the heat. The popular...

Ray Dalio Warns Governments May Try to Ban BTC

Ray Dalio has become a bitcoin fan in recent months. Following the cryptocurrency’s meteoric surge beyond $50,000, the economist from Bridgewater Associates believes that...

Banks Now Have Permission to Use Stable Coins for Payments

The Office of the Comptroller of the Currency (OCC) has published a new letter stating that banks are now permitted to utilize stable coins...

Bit Pay Is Trying to Open Its Own Crypto Bank

It looks like Bit Pay – a bitcoin and crypto payments company – is looking to establish its own bank. Recently, the company filed...

Report: Many Banks Still Don’t Trust Crypto

It looks like banks and financial institutions are still split right down the middle when it comes to cryptocurrency. Many Banks Are Still Iffy on...

Kraken Is Opening Up Its Own Bank in Wyoming

San Francisco-based cryptocurrency exchange Kraken – arguably one of the largest and most prominent cryptocurrency trading platforms in the western hemisphere – has announced...