Category: Banking
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What Does The Digital Yuan Mean For Bitcoin?
The Chinese government hasn’t been too kind to cryptocurrencies in the past years. First, initial coin offerings (ICO) were banned in China in September 2017. Then, following the crackdown on ICOs, exchange platforms that traded cryptocurrencies or provided facilitation services were also ordered to be closed. This made the task of purchasing bitcoin almost impossible…
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Former Ripple advisor set to become Comptroller of the Currency: WSJ
President Joe Biden looks set to appoint another former crypto executive to head up the Office of the Comptroller of the Currency.
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How Money Printing Really Works
A Short Introduction To What Influences Money Supply In The Modern Economy It’s undeniable — the world runs on money. This thought is ingrained in all of us and we all understand it deeply. This is evident by the fact that we spend vast amount of hours every day in order to attain more of…
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Bitcoin In 2021: A New Hope
Listen To This Episode: Apple Spotify Google Libsyn Overcast In this episode of Bitcoin Magazine’s “Fed Watch,” Christian Keroles and Ansel Lindner look back at the events of the last few weeks and put them into a macro perspective. They also give us an optimistic vision of the next year that only the Bitcoin space…
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OCC Chief Brian Brooks Is Stepping Down Thursday
Acting Comptroller of the Currency Brian Brooks will be stepping down on Jan. 14, he confirmed Wednesday.
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Anchorage Becomes First OCC-Approved National Crypto Bank
The crypto industry has its first federally chartered bank: Anchorage.
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An online future for finance is inevitable, says OCC’s Brooks
Brooks considers the migration of the financial system onto the internet “inevitable.”
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OCC’s Brian Brooks thinks that DeFi can root out bias and fraud in traditional banking
Brooks is optimistic that regulators will find it easier to work with algorithms than with bankers.
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NYDIG Taps Fintech Firm Moven to Bring Bitcoin to Your Bank
“If PayPal and Square can do it, then community banks should be able to do it, too,” said Moven founder Brett King.
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A Decade Of Dollar-Denominated Debasement Debauchery
01/Nov/2008: A pseudonym of unknown nationality sent an email carrying word of Bitcoin, a peer-to-peer, electronic cash system with no trusted third party. The New York Times 02/Dec/2008: “U.S. Recession began last December, economists say” The Times 03/Jan/2009: “Chancellor on Brink of Second Bailout for Banks” The New York Times 03/Feb/2009: “Bailout Plan: $2.5 Trillion…