Fed chair Powell confirms regulator has no plans to recommend, adopt CBDCs

US Federal Reserve Chair Jerome Powell told lawmakers that the regulator remains far from adopting or even recommending a central bank digital currency (CBDC). Powell made the statement during a March 7 Senate Banking Committee hearing on monetary policy. The Fed chair’s testimony aimed to quell fears over privacy concerns, emphasizing that the Federal Reserve… Continue reading Fed chair Powell confirms regulator has no plans to recommend, adopt CBDCs

This Month In Bitcoin And Central Banks

Listen To This Episode: Apple Spotify Google Libsyn Overcast In this episode of Bitcoin Magazine’s “Fed Watch” podcast, Christian Keroles and Ansel Lindner gave an update on central bank news in relation to bitcoin. This is the only podcast that tackles this intersection of macro and bitcoin from a realistic and skeptical point of view.… Continue reading This Month In Bitcoin And Central Banks

In First For Commercial Bank, Blue Ridge ATMs Are Now Selling Bitcoin

Banks are increasingly changing their stance on Bitcoin to meet their customers’ demands and, as of today, you can now buy and redeem bitcoin at 19 Blue Ridge Bank ATM locations, per a press release .  “Blue Ridge Bank has announced that for the first time in U.S. history a commercial bank is providing access… Continue reading In First For Commercial Bank, Blue Ridge ATMs Are Now Selling Bitcoin

Interview: Bitcoin Adoption With Quontic Bank

Listen To This Episode: Apple Spotify Google Overcast Libsyn This week for the “Bitcoin Magazine Podcast,” host Christian Keroles sat down with CEO of Quontic Bank Steven Schnall to discuss Quontic’s recent move to offer a bitcoin-back debit card. The bitcoin-back debit card offer users 1.5 percent cash back on their purchases in the form… Continue reading Interview: Bitcoin Adoption With Quontic Bank

Protego Becomes Second Crypto Firm to Win Bank Charter From OCC

The conditional approval from the U.S. banking regulator follows Anchorage’s approval last month.

Crypto Startup Metal Pay Files for National Bank Charter

Metal Pay’s “First Blockchain Bank and Trust” would be FDIC-insured, CEO Marshall Hayner told CoinDesk.

Visa Signals Further Crypto Ambitions With API Pilot for Bank Customers to Buy Bitcoin

Visa is working with Anchorage to allow customers at traditional banks to “buy and sell digital assets such as Bitcoin.”

Switzerland’s Crypto Broker AG Wins Securities House License From FINMA

Banks can tick a box and start trading with us, said CEO Rupertus Rothenhaeuser.

Panamanian Lawmakers to Hold Discussions on Regulating Cryptocurrencies in the Country

Panamanian lawmakers will start to analyze a draft bill that seeks to regulate cryptocurrencies in the nation. Local deputy (MP) Rolando Rodríguez presented the bill to the Commerce Commission of Panama’s National Assembly. Draft Bill’s Author: Panama Is Lagging Behind Other Countries in the Matter According to La Estrella de Panama , the MP is… Continue reading Panamanian Lawmakers to Hold Discussions on Regulating Cryptocurrencies in the Country

Law Decoded: Bank payments going global with stablecoins and CBDCs, Jan. 15–22

Retail users may have to wait in much of the world, however.