Cryptocurrency Analysis and News Portal
In line with the move, Lloyds increased its net new money target to around £40 billion in 2023.British financial institution Lloyds Banking Group PLC is set to buy major WealthTech player Embark Group for £390 million. The UK banking giant will acquire £35 billion of assets under administration from the Dundee-based
Read More
Paxos hopes to be at the forefront of that wave of regulation and the recently gained approval is one more step along that road. The crypto giant Paxos received preliminary conditional approval from the US Office of the Comptroller of Currency (OCC) on Friday. Paxos joins
Read More
Please welcome to the show two JPMorgan blockchain leaders Christine Moy, who’s the global head of Liink, formerly known as IIN, or the Interbank Information Network, and Naveen Mallela, global head of Coin Systems. Christine and Naveen, welcome to the show. Christine Moy: Thanks for having us. Lau: I love that despite
Read More
We often talk about central banks creating fiat money. In fact, most fiat money is not created by central banks but by commercial banks. Furthermore, not all of the banks that create and hold fiat money are regulated banks. Many are what we know as “shadow banks.” In the cryptocurrency
Read More
Wyoming’s Cynthia Lummis – the first U.S. senator to publicly hold bitcoin – has been appointed to the key financial regulatory committee.This episode is sponsored by Nexo.io.On this edition of The Breakdown’s weekly recap, NLW discusses:The state of WallStreetBetsThe Bitcoin for Corporations eventETH all-time highs in advance of CME ETH
Read More
Regulated crypto payment services firm BCB Group has partnered with Huobi Global to help the Seychelles-based exchange giant connect its trading desks to the banking system in the U.K. and Europe.Announced Tuesday, customers of Huobi’s over-the-counter (OTC) platform will be able to settle transactions instantly in euros and pounds (GBP)
Read More
The history of money goes deep into the past: it started with shells and beads at the dawn
Read More
Banks are moving into crypto and crypto companies are trying to become banks, so how does it all play out?On this edition of the weekly recap, NLW looks at the brewing battle to be the bitcoin and crypto bank of the future. He looks at three stories reporting banks getting
Read More
U.S. lawmakers are asking the nation’s financial guardians to clarify custodianship questions. France is looking to eliminate anonymity in the crypto sector. And an exposé into how FinCEN became a honeypot for personal information. Top shelfBanking playPaxos is making moves to become a federally regulated bank in the U.S., according to
Read More
We are currently in the age of DeFi with blockchain technology driving innovation at a rapid pace. These
Read More