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Tag Archives: Banks

Big Boost For BTC In Germany As Banks Now Offer Cryptos

Banks in Germany were previously not allowed to provide crypto-related services to their customers. This was as a result of numerous regulatory constraints. However, as things stand now, that could be a thing of the past. A new approval will make the German banks to start offering crypto assets. New Directive For Germany’s Banks The […]

Brad Garlinghouse Predicts That Banks Will Offer Crypto Custody Services By 2019

The CEO of Ripple, Brad Garlinghouse is saying that custody services for Cryptocurrencies such as XRP will become a dominant Bank product from 2019. This raises the concerns of centralization given that banks’ involvement of in financial transactions is the very challenge that Blockchain and Digital currencies were meant to address in the first place. […]

The EU Unveils A Blockchain Association Dubbed As IATBA For Banks

European Union’s executive body, the European Commission, is unveiling a first-of-a-kind Blockchain association. The new group is intended to bring together major banks in the region. This will be vital for fostering cohesion in the region for the development of financial services in cross-border transactions within the member states. The European Commission Blockchain body is […]

Blockchain Technology Is Becoming Increasingly Popular In The Banking Industry

All over the world, banks are adopting or testing Blockchain-based systems. Banking experts believe that these institutions are leveraging on the many proven benefits of DLT that are already transforming other industries such as gaming, real estate, e-commerce, insurance, just to mention but a few. The Trend Started In 2008 The financial crisis of 2008 […]

Financial Journalist: Major Banks Are Embracing Cryptocurrencies

Rebecca Harding, a financial journalist, said to Forbes during an interview that major financial institutions are ready to participate in Cryptocurrency investments. She is also the CEO of Coriolis Technologies that specializes in financial trading technology services. She further said that a majority of banks are “curious about Cryptos” and have a “healthy skepticism” of […]

Tracking Bitcoin From The 2008 Financial Crush

The reports from the Lehman Brothers Holdings Inc. that the company was bankrupt was the beginning of a new era of banking skepticism. Many people lost faith in the mainstream financial institutions as it became clear that they were not safe custodians of people’s hard-earned assets. Efforts started being directed to independent solutions to assets […]