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Banks

Meet in the Middle: Crypto Companies and Banks Are Evolving Together

Kraken’s move to become a bank in Wyoming is more about getting traditional finance to adapt to the crypto industry than the other way...

Pandemic Will Speed Bitcoin Adoption, Says DBS Bank Economist

When it comes to bitcoin, Singapore's DBS Bank sees a "pandemic-led acceleration of adoption."

US Regulator to Shake Up Banking With Federal Charters for Payment Firms

Acting Comptroller of Currency (and former Coinbase exec) Brian Brooks is spearheading the move to let payment firms operate as banks across state lines.

Barclays’ Former Russian Bank Has Issued a Token-Collateralized Loans

Expobank has issued its first loan using WAVES tokens as collateral – the bank are now estimating what future demand could be.

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Forex Vs. Cryptocurrency In 2020: Are Forex Traders Leaving In Favor Of Crypto?

Forex, or foreign exchange, is the marketplace for the world’s currencies. This week, our data researchers asked over 200 active forex traders if they...

OneCoin Investors Allege BNY Mellon Aided $4B Fraud

Following the publication of the FinCEN Files on Monday, investors suing OneCoin have now filed charges against BNY Mellon.

OCC’s First Issued Guidance for Stablecoins Brings More Questions

For some, the OCC's recent stablecoin guidance, while helpful, raises as many issues as it clarifies.

Russian Web Censor Tells Binance It’s Been Blacklisted – Three Months Late

Roskomnadzor blacklisted Binance in June, but apparently only made the cryptocurrency exchange aware of its decision today.

China State Media Make Rare Reports Calling Crypto 2020’s Best Performing Asset

Several Chinese state-owned media have made unusual coordinated reports describing cryptocurrencies as the year's top performing investment.