Banking | Amazing Crypto

China’s digital yuan trials reportedly limited to small retail transactions

China’s central bank released a new statement to debunk some rumors.

August 24, 2020

Turkey Residents Panicking Over Massive Inflation

Turkish are losing faith in its local fiat currency, with confidence in the lira falling 20% this year.

August 18, 2020

Questions Remain Around The OCC Decision To Allow Banks To Custody Crypto

The recent Comptroller of the Currency (OCC) ruling that national banks and savings associations can provide cryptocurrency custody services to clients is one of the biggest milestones in the short but spectacular lifetime of digital currencies. Now that U.S. banks have the green light to begin custodying crypto, everybody knows that the rules have changed…

August 18, 2020

The OCC’s Crypto Custody Letter Was Years in the Making

The Office of the Comptroller of the Currency has been evaluating the cryptocurrency space for years, well before it publicly announced banks could provide services in the field last month.

August 18, 2020

Standard Chartered Conducts First Blockchain Trade in Bangladesh

Bangladesh is now on the blockchain map.

August 16, 2020

Why Santander Doesn’t Want to Use Ripple for International Payments Yet

There may be trouble in paradise with one of Ripple’s major partners.

August 13, 2020

Blockchain Firm Says Banks Need DLT to Manage Identities Better

Blockchain firm HashCash plans to create a federated and sovereign digital identity architecture to be used in banking processes.

August 12, 2020

Wyoming-Based Avanti to Open in October With a New Bank-Issued Digital Asset

Wyoming’s crypto-friendly Avanti Financial expects to open its doors this October with a new bank-issued digital asset, the Avit.

July 23, 2020

Treasury Bureau Declares National Banks Can Custody Crypto

The Office of the Comptroller of the Currency (OCC), a bureau within the U.S. Department of the Treasury tasked with regulating the country’s banks and thrift institutions, has published a public letter clarifying that national banks and savings associations can provide cryptocurrency custody services to clients. “In the letter published today, the OCC concludes that…

July 22, 2020

Podcast: Fiat Money and Intergenerational Conflict

At a time of unprecedented economic uncertainty, central banks around the world are reacting to the novel coronavirus by printing money, slashing interest rates and generally doubling down on the globe’s deflationary spiral. Amid all of this self-destructive behavior, Bitcoin Magazine’s “WTF Is Happening With the Fed?!” podcast series has been examining the Federal Reserve’s…

May 18, 2020

Category: Banking