Berlin-based fintech company solarisBank has established a subsidiary to provide a custody solution for digital assets. Per a Dec. 11 announcement, solarisBank’s newly established subsidiary, solaris Digital Assets GmbH, will provide clients with an application programming interface (API)-accessible platform, which...
China Construction Bank (CCB), the world’s second-biggest bank by operated assets, has officially launched its blockchain-based refactoring platform. Targeting commercial factoring business, CCB aims to bolster operations and reduce major risks in its refactoring business while providing shared data access by...
One of the world’s largest banks, the government-controlled State Bank of India, does not mind the heavy regulation of crypto in the country. This is according to the bank’s chairman Rajnish Kumar. According to The Economic Times, Kumar has...
The Russian Central Bank has never been a fan of cryptocurrencies. Central bank governor Elvira Nabiullina has adopted a hardline stance against cryptocurrencies in Russia, so her latest statement regarding the fate of a national cryptocurrency in the country doesn’t come...
In a recent interview with CNBC’s Squawk Box, Anthony Pompliano, the co-founder of Morgan Creek Digital, has argued that the United States must tokenize the dollar to remain competitive in the shifting global financial landscape. Pompliano urged lawmakers to “tokenize the dollar...
The People’s Bank of China (PBOC) has no timetable on when it will launch its digital currency. This is according to the bank’s governor, Yi Gang, who revealed that the bank was taking its time to research, test, evaluate,...
Bakkt CEO Adam White said that his firm’s “Bitcoin Warehouse” will be revolutionary “like the…ATM.” | Source: Shutterstock Last week, Bakkt opened its “Bitcoin Warehouse” for the storage of customer deposits and withdrawals ahead of its Bitcoin Daily & Monthly Futures...
Rumours of a proposed bill in India that bans cryptocurrency may have been confirmed after Indian blockchain lawyer Varun Sethi posted an alleged first draft of the proposed bill. The “Banning of Cryptocurrency and Regulation of Official Digital Currencies”...
The announcement of Libra marked the beginning of the strategic pulse involving players from the world of crypto and fintech while attracting the attention and alarms of important actors in global geopolitics such as the U.S. Congress and, more recently, the...
While other semiconductor companies were struggling, AMD stocks continued to surge in May; a price movement likely fueled by the bitcoin bull market. AMD STOCKS SURGING BY 99% Advanced Micro’s stocks are booming, gaining as much as 99 percent in the...
