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Academic Paper Touts Bitcoin as “Hedge Asset,” Skeptical of Central Bank Coins

“How Do Private Currencies Affect Government Policy?” This central question is the focus (and title of) a newly published academic paper authored by...

China’s Central Bank to Accelerate Development of Fiat Digital Currency

This article was originally published by 8btc and written by Lylian Teng. The People’s Bank of China (PBoC), the country’s central bank, revealed that...

Cryptocurrency Exchange Rain Granted License from Bahrain’s Central Bank

Bahrain-based cryptocurrency exchange Rain has received regulatory approval from the Central Bank of Bahrain (CBB). The exchange launched after raising $2.5 million in...

EU Calls Crypto Market ‘Anticompetitive,’ Says Central Bank Coin Would Help

In a wider report on market competition in fintech, the European Union’s Policy Department for Economic, Scientific and Quality of Life Policies devoted...

Survey: U.K. Crypto Companies Must Bank Abroad

Nearly three-quarters of U.K.-based crypto businesses have been forced to bank abroad due to the difficulty in opening a bank account locally, according...

US Treasury Sec: We Don’t Want Bitcoin Becoming a “Swiss-Numbered Bank Account”

Now that the U.S. Congress and Senate have finished their hearings with Facebook, U.S. Treasury Secretary Steven Mnuchin has set his regulatory sights...

Crypto Researcher Glad He Left Deutsche Bank on Time

Medio Demarco, the co-founder of crypto-oriented research firm Delphi Digital, feels relieved that he left Deutsche Bank on time. Recently, the German banking...

Bitcoin Disrupting Banking; Deutsche Bank To Cut 18,000 Jobs by 2022

Throughout history, the banking industry has always been vulnerable to a range of risks, but somehow, it has been able to survive for...

South Korean Bank to Impose Stricter Regulations on Crypto Exchanges

A major bank in South Korea is planning to impose stricter regulations on accounts to closely monitor cryptocurrency exchanges, according to a report...

CEO of Bank of America: “We Want a Cashless Society”

The banking industry accepts the fact that cryptocurrencies and other cashless payments solutions are the future. Now, the powerful traditional Bank of America...