Bank of America: Innovation to Expand Decentralized Finance Functionality Over Time
Developer activity and adoption is the key to success, the report said. Source
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Deutsche Bank in Talks to Invest in 2 German Crypto Firms: Bloomberg
People familiar with the matter told Bloomberg that Stefan Hoops, the CEO of the division, known as DWS Group, has entered into negotiations to buy a minority stake in Deutsche Digital Assets, a provider of exchange-traded products, as well as trading firm Tradias, which is owned by leading securities trading
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Signature Bank Sued for ‘Substantially Facilitating’ FTX Comingling
Statistica Capital, an algorithmic trading firm, and Statistica Ltd. claim the bank "had actual knowledge of and substantially facilitated the now-infamous FTX fraud," according to a filing in the U.S. District Court for the Southern District of New York dated Feb. 6. "In particular, Signature knew of and permitted the
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Bank of England thinks digital pound can co-exist with private stablecoins
The United Kingdom is a step closer to launching a Central Bank Digital Currency (CBDC) after releasing a consultation paper explaining the proposed digital pound, which the public has nicknamed “Britcoin.”The 116-page consultation paper was jointly released on Feb. 7 by the Bank of England (BoE) and His Majesty’s Treasury.
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Digital Pound Nothing Like Crypto, Bank of England Official Says
A majority of cryptocurrencies are "highly speculative" and have "no intrinsic value," Cunliffe said, adding that although it is possible some technologies underlying crypto could help develop a digital version of the pound, the bank is considering a range of options. While the central bank has made no decision on
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Digital Pound Holdings Could Be Limited to £10,000, Central Bank Says
"The Bank would place some limits on holdings of digital pounds, at least during its introductory period," to avoid citizens hoarding their assets in safe central bank money and skirting around the commercial banking system, a consultation published today by the central bank and U.K. Treasury said. "We judge that
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Central Bank of Argentina to Issue New 2,000 Peso Bill as Inflation Keeps Rising – Economics Bitcoin News
The Central Bank of Argentina has announced the issuance of a new 2,000 peso bill, aimed at easing the burden of using cash for payments in the country. The bill, which will have a value of a little more than $5 ‘blue’ dollars (the informal exchange rate), is already being
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Crypto Bank Juno Resumes Services After Pause
In addition to resuming its crypto services, the bank has also debuted several new features. Those include support for more than 35 additional cryptocurrencies such as SOL, ADA, SHIB snd DOGE, and the reduction of spreads on new and existing token offerings. The platform now also offers a zero-trading-fee incentive
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Binance Halting US Dollar Deposits and Withdrawals via Bank Accounts – Exchanges Bitcoin News
Global crypto exchange Binance is suspending deposits and withdrawals in U.S. dollars via bank accounts starting Wednesday as more and more banking institutions try to reduce their exposure to the crypto market. “We are working hard to restart service as soon as possible,” Binance said. Binance Suspending USD Deposits and Withdrawals Global
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Binance to temporarily suspend bank transfers in US dollars beginning Feb. 8
Binance has announced that it is temporarily suspending bank transfers in United States dollars (USD) beginning Feb. 8. No other trading methods will be affected, the exchange said in a tweet on Feb. 6.The news came with no explanation, although the company, which is the world’s largest cryptocurrency exchange, added
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