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Oman Oil & Orpic Group and HSBC Digitize Trade Finance with the  Execution of their First Blockchain Trade Transaction

Oman Oil & Orpic Group and HSBC Digitize Trade Finance with the Execution of their First Blockchain Trade Transaction

Oman Oil & Orpic Group and HSBC Bank Oman have succeeded in carrying out their first trade transaction via blockchain technology.

UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System

UK Media Mogul Calls DeFi a Revolution Against Corrupt Global Banking System

Alexander Lebedev, the billionaire UK media mogul and former banker has endorsed the revolutionary power of DeFi against a corrupt global banking system.

Bitcoin Transaction Fees Altering its Ecosystem

Bitcoin Transaction Fees Altering its Ecosystem

Bitcoin (BTC) transaction fees entail the amount charged for your proceedings to be handled by a miner and approved by the Bitcoin network.

How Banking Difficulties Drive Crypto Adoption in Latin America

How Banking Difficulties Drive Crypto Adoption in Latin America

Many businesses and individuals in Latin American countries are using cryptocurrency to buy retail goods while seeking to avoid unstable fiat markets.

Basel Committee on Banking Supervision Seeks Advice on Designing Prudential Treatment for Crypto-assets

Basel Committee on Banking Supervision Seeks Advice on Designing Prudential Treatment for Crypto-assets

Basel Committee on Banking Supervision publishes paper going over the design for prudential treatment for crypto assets. The paper goes over areas such as risks of crypto-asset exposures, capital, and liquidity requirements, and general considerations for the prudential treatment.

Bitwala Incorporates CryptoTax for Better Tax Reporting

Bitwala Incorporates CryptoTax for Better Tax Reporting

Bitwala, a German-licensed Bitcoin banking service application, announced its new integration remedy with CryptoTax, an entity that assists crypto users to adhere to yearly tax declaration deadlines. This will be instrumental in solving crypto tax headaches.

Swiss Regulator Issues Banking Licenses to Two Blockchain Firms

Swiss Regulator Issues Banking Licenses to Two Blockchain Firms

The Financial Market Supervisory Authority (FINMA) in Switzerland has issued banking and securities dealers’ licenses to two new blockchain companies.

US Banking Giant Patents AI Fact Checker to Simplify Investing in Crypto

US Banking Giant Patents AI Fact Checker to Simplify Investing in Crypto

Capital One Services, a subsidiary of US banking giant Capital One has patented a new artificial intelligence system to guide human cryptocurrency traders through the complicated world of misinformation in the digital assets space.

Bitcoin Transaction Fees Soar After Block Reward Halving

Bitcoin Transaction Fees Soar After Block Reward Halving

Bitcoin transaction fees continue to soar after halving.

Ripple Continues to Push for CBDC Development, but Will Banks Favor Stellar Lumens’ Technology Instead?

Ripple Continues to Push for CBDC Development, but Will Banks Favor Stellar Lumens’ Technology Instead?

Ripple’s wish to develop CBDC with banking institutions remain a steady aspiration but has its reputation been tarnished by the SEC to the point of no recovery?

Switzerland’s Sygnum Crypto Bank Launches Swiss Franc-Backed Stablecoin to Facilitate Trading of Financial Assets

Switzerland’s Sygnum Crypto Bank Launches Swiss Franc-Backed Stablecoin to Facilitate Trading of Financial Assets

Sygnum, a Swiss-based crypto bank, has launched a fiat-based stable coin, DCHF token, tied to the Swiss Franc, in an effort to increase transaction efficiency by enabling faster payment when trading financial assets.

Simplex Redefines the Fiat-to-Crypto/Crypto-to-Fiat Experience With the Launch of the Simplex Banking Solution

Simplex Redefines the Fiat-to-Crypto/Crypto-to-Fiat Experience With the Launch of the Simplex Banking Solution

Simplex Banking works alongside Simplex’s unparalleled partner network to overcome key barriers to greater crypto adoption by providing a global solution of crypto- friendly banking, offering local payment methods for a truly global reach.

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