Legacy Banking Archives

Stablecoins Are Not Money, Says Fed Attorney

Analysis Jul. 19, 2021

A new paper titled “Taming Wildcat Stablecoins” has laid out regulatory options for U.S. dollar stablecoins. Paper Discusses Stablecoin Risks A new paper authored by U.S. Federal Reserve attorney Jeffery...
US Banking System Suffers Outage: Crypto Fans Cheer

Business Dec. 19, 2019

The U.S. Automated Clearing House system experienced an outage on Dec. 18 between 3 P.M. and 7 A.M. of the next day. Since the system handles the majority of domestic...
IMF Cautiously Approves Central Bank Digital Currencies

Business Dec. 16, 2019

The IMF has recently recommended to central banks worldwide to explore the introduction of Central Bank Digital Currencies, but to proceed with caution. CBDC Could Prove Useful to Central Banks...
Bank of International Settlements Requesting Feedback for Crypto Regulation

Business Dec. 14, 2019

The Bank of International Settlements, an international body owned by 60 worldwide central banks, published a discussion paper on treatment of crypto assets. The committee is requesting the opinion of...
US Debt May Be a Bubble. Is That Good for Crypto?

Markets Dec. 4, 2019

On November 27, John P. Hussman, an American stock analyst and former Professor of Economics and International Finance at the University of Michigan, pointed out that society may be in...
German Bill Encouraging Crypto Adoption Passes Bundesrat

Business Nov. 29, 2019

Starting from 2020, German banks should be able to provide sale and custody services for cryptocurrencies. This is the result of a bill approved today by the Bundesrat, a state-level...
Swiss Crypto Bank SEBA Launches With Support for BTC, ETH, XLM, LTC and ETC

Business Nov. 12, 2019

Swiss-based crypto bank SEBA is now open for business. After receiving a license from the Swiss Financial Market Supervisory Authority in August this year, the bank has now achieved its...
Libra Under Threat as European Central Bank Confirms Move Toward a Digital Currency

Business Nov. 11, 2019

The European Central Bank could be inching toward creating a digital currency for the continent. Attitudes about cryptocurrencies appear to be shifting in Europe — which could have negative repercussions...

Legacy Banking

Stablecoins Are Not Money, Says Fed Attorney

US Banking System Suffers Outage: Crypto Fans Cheer

IMF Cautiously Approves Central Bank Digital Currencies

Bank of International Settlements Requesting Feedback for Crypto Regulation

US Debt May Be a Bubble. Is That Good for Crypto?

German Bill Encouraging Crypto Adoption Passes Bundesrat

Swiss Crypto Bank SEBA Launches With Support for BTC, ETH, XLM, LTC and ETC

Libra Under Threat as European Central Bank Confirms Move Toward a Digital Currency

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