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Bank Coin News (Page 7)

World Bank: Nigeria Loses $8B on Foreign Exchange Subsidies Over 3 Years

The World Bank reports that Nigeria lost over $8 billion due to the Central Bank of Nigeria’s (CBN) refusal to... Read more

Posted by bitcoin.com 3 weeks ago

South Korea Plans to Regulate Cross-Border Crypto Transactions

The South Korean government plans to regulate cross-border transactions of virtual assets, such as cryptocurrencies, The Korea Times reported. The... Read more

Posted by financemagnates.com 3 weeks ago

Too early to say Ethereum L2s are ‘cannibalistic’ to revenue: Sygnum Bank

Ethereum daily fees hover between $1 million to $5 million — far less than the $30 million that was consistently... Read more

Posted by cointelegraph.com 3 weeks ago

Bank of America Declares Gold the ‘Last Safe Haven’ Asset, Forecasts $3,000 Price

Bank of America sees gold as the last and ultimate safe-haven asset amid rising U.S. debt, urging traders and central... Read more

Posted by bitcoin.com 3 weeks ago

Standard Chartered predicts Bitcoin surge to $125K with Trump win

A second Trump presidency would be good for Bitcoin, a Standard Chartered Bank analyst says. A Harris win would be... Read more

Posted by cointelegraph.com 3 weeks ago

Billionaire Warren Buffett Dumps $10,500,000,000 in Berkshire’s Bank of America Stake After Slashing JPMorgan Chase, Wells Fargo Investments To Zero: Report

Warren Buffett has now sold a staggering $10.5 billion of Berkshire Hathaway’s stake in Bank of America in a matter... Read more

Posted by dailyhodl.com 3 weeks ago

The Slow Death of Private Blockchain Tech—R3 Reportedly Explores Sale Despite Big Bank Support

According to a recent report, R3, the private blockchain initiative backed by several major companies—including Intel, Bank of America, and... Read more

Posted by bitcoin.com 3 weeks ago

BRICS Kazan 2024 Summit Discusses Crypto to Facilitate De-Dollarization

As the BRICS 2024 summit convenes in Kazan, discussions on cryptocurrency have gained prominence among member nations, aligning with broader strategies to... Read more

Posted by financemagnates.com 3 weeks ago

Norway’s Central Bank on CBDC Progress: We’re Not Falling Behind

Norway’s central bank is on track to decide by 2025 whether to adopt a central bank digital currency (CBDC), but... Read more

Posted by bitcoin.com 3 weeks ago

Iran Warns BRICS of ‘Big Threat’ From Western Payment Systems, Vows to End Dependence

Iran has called for BRICS nations to reduce their reliance on Western financial systems, warning of the risks posed by... Read more

Posted by bitcoin.com 3 weeks ago

Global Finance Faces a Shift as Mbridge Digital Currency Platform Challenges US Dollar

The People’s Bank of China emphasized the Mbridge platform’s role in improving cross-border payments through the use of central bank... Read more

Posted by bitcoin.com 3 weeks ago

$109,000 Drained From 81 Year-Old’s Bank Account in Devastating Social Security Scam: Report

An 81 year-old woman says she’s lost her entire life savings to a Social Security scam. Washington, D.C.-based Gladys Baxley... Read more

Posted by dailyhodl.com 4 weeks ago

Citibank Debanked Ripple's Brad Garlinghouse Due to Crypto, Exec Says

The chief of Ripple, Brad Garlinghouse, recounted his own brush with the U.S. government's pressure on banks to be wary... Read more

Posted by coindesk.com 4 weeks ago

Chinese OTC trader linked to laundering millions for North Korean hackers

Blockchain investigator ZachXBT has uncovered the identity of a Chinese over-the-counter (OTC) trader accused of aiding the North Korea-affiliated Lazarus... Read more

Posted by cryptoslate.com 4 weeks ago

US Can Run Fiscal Deficits Permanently If Government Bans or Taxes Bitcoin, According to New Fed Paper

A government can run a “permanent primary deficit” if it bans or taxes Bitcoin (BTC), according to researchers at the... Read more

Posted by dailyhodl.com 4 weeks ago

The Fed Is the Wrong Regulator for Stablecoins

The U.S. central bank would be conflicted, because stablecoins compete with the Fed's payments infrastructure and with potential CBDCs.... Read more

Posted by coindesk.com 4 weeks ago

Is India planning to ban cryptocurrency?

India is on the brink of a pivotal decision regarding cryptocurrencies as the government deliberates a potential ban on private... Read more

Posted by invezz.com 4 weeks ago

LBank x 7 Meme Projects: Don’t Miss the Halloween Campaign with $7,000 in Prizes

PRESS RELEASE. LBank, leading global cryptocurrency exchange, has officially launched its “Spooky Season” Halloween Campaign, running from October 22 to... Read more

Posted by bitcoin.com 4 weeks ago