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Stablecoin Reserves May Be Held in National Banks, US Treasury Office Provides Insight

Stablecoin Reserves May Be Held in National Banks, US Treasury Office Provides Insight

The OCC announced that national banks and federal savings associations could hold reserves for customers with stablecoin assets.

40 German Banks Are Seeking Regulatory Approval to Offer Bitcoin Custody

40 German Banks Are Seeking Regulatory Approval to Offer Bitcoin Custody

Many German banks have filed a request to introduce a digital asset custody business. Germany’s Federal Financial Supervisory Authority, popularly identified as BaFin, has received over 40 applications from German banks interested in offering crypto custody services.

Response to Facebook Libra? EU Banks Can Deploy Payment System By 2020

Response to Facebook Libra? EU Banks Can Deploy Payment System By 2020

All banks in the eurozone could share the instant payment system at the end of 2020, as reported by Reuters on 26 June.

IMF Believes Central Banks Need Strong Legal Frameworks for CBDCs to Work

IMF Believes Central Banks Need Strong Legal Frameworks for CBDCs to Work

The issuance of CBDCs by apex global banks has become a hot topic in the crypto space, and the IMF has delved into it with some precautionary measures.

Crypto Alert: Revolutionary DGT Token Community Presale

Crypto Alert: Revolutionary DGT Token Community Presale

Tallinn, Estonia, 8 January 2021 DGBLabs OÜ, announces it Community Presale of the DataGrid Token (DGT) for 22nd- 26th January offering a 5% bonus, which is reduced 1% a each day during the sale, on a minimum of one quarter ETH at the price of $.005. Higher Bonus levels available for purchases over 80 ETH. Participants will be required to complete WhiteListing on Blockpass prior to the sale date.

Uniswap Reaches $3 Billion in TVL, Anticipates Community Call to Deliberate Liquidity Mining Rewards

Uniswap Reaches $3 Billion in TVL, Anticipates Community Call to Deliberate Liquidity Mining Rewards

The Uniswap community has set a community meeting to discuss the network’s liquidity mining rewards program, as it is about to end in a week.

Financial Stability on The Brink of Instability Due to Bigtech Companies

Financial Stability on The Brink of Instability Due to Bigtech Companies

FSB Worries that the development of BigTech Companies and their growing user community may cause the disintegration of banks amongst other mainstream financial systems.

Deutsche Bank Ignored Suspicious Activity of Child Sex Trafficker Jeffrey Epstein, Bitcoin Community Screams Hypocrisy

Deutsche Bank Ignored Suspicious Activity of Child Sex Trafficker Jeffrey Epstein, Bitcoin Community Screams Hypocrisy

The NY State Department of Financial Services has slapped Deutsche Bank with a $150 million dollar fine, Bitcoin Community has been quick to call out the institutional bank’s shortcomings in funding international sex trafficker Jeffrey Epstein.

Thailand Blockchain Community Partners with IBM to Expand $300M Electronic Letter of Guarantee Platform

Thailand Blockchain Community Partners with IBM to Expand $300M Electronic Letter of Guarantee Platform

Thailand Blockchain Community Initiative (BCI) has joined hands with IBM to extend the scope and reach of the blockchain-powered electronic letter of guarantee.

FinCEN Director Kenneth Blanco Warns Banks to Take Crypto AML Seriously

FinCEN Director Kenneth Blanco Warns Banks to Take Crypto AML Seriously

Kenneth Blanco, the Director of the FinCEN warned banks to seriously consider how virtual currencies should fit into their anti-money laundering (AML) policies.

eToro CEO: Central Banks will Inevitably Establish Digital Currencies

eToro CEO: Central Banks will Inevitably Establish Digital Currencies

Yoni Assia, eToro’s CEO, recently weighed in on the issue of Central Bank Digital Currencies. He noted that this matter was no longer an issue of “if,” but of “how and when” because the development of digital currencies by central banks was inevitable.

Ethereum Ranks 9th in Market Valuation Among Leading Global Banks

Ethereum Ranks 9th in Market Valuation Among Leading Global Banks

Ethereum ranks 9th when compared to the world's largest banks in terms of market cap, according to CompaniesMarketCap.

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