Tag: banks

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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...

The Coronavirus Has Really Pushed Bitcoin Forward

How strange is it that the coronavirus has led to the suffering of banks but the overall establishment of bitcoin as a potentially mainstream...

Bitcoin Falls Again, On Verge of Losing Five-Figure Status

Bitcoin has crashed again. The world’s number one cryptocurrency by market cap is now trading in the $10,300 range, meaning it’s roughly $2,000 less...

What if Banks Completely Took Over the Crypto Space?

One source appears to be suggesting that cryptocurrencies, by themselves, don’t have a chance of survival, and that if they’re going to last any...

Report: Bitcoin Is the Cause of Many Bank-Issued Forms of Crypto

Many banks are beginning to issue their own digital currencies. It can be implied that the likes of Libra may have caused these banks...

Most Banks Seem to Be Afraid of Libra

Central banks are now consistently looking to release their own centralized digital currencies. While these assets are nothing like bitcoin – the latter gives...

Bitcoin Crashes, Loses $800 in Roughly Two Days

It looks like bitcoin has let everyone down again. The world’s number one cryptocurrency by market cap has taken a serious turn for the...

Bitcoin Is At Its Tallest Peak Since Last Summer

Bitcoin experienced a rough period earlier in the year, but at press time, the currency is trading for just under $11,700, and is at...

Analyst: The Bitcoin Price Is Spiking Because It’s Rarer

Bitcoin has been experiencing some extremely bullish patterns as of late. The currency has managed to spike by roughly $2,000 in just a matter...