In 2023, the landscape of cryptocurrency trading within the world’s biggest banks is showing signs of evolution. While 74% of the top 50 global banks by assets under management have embraced crypto trading by connecting to regulated exchanges like Binance and Coinbase, they have yet to support retail crypto trading […]
Tag: Banks
Bank Offices are Getting Smashed in Lebanon Following Currency Crash
The current financial situation will become virtually impossible to maintain in the very near future. In Lebanon, the situation is already getting out of hand following the domestic fiat currency crashing. Various countries are struggling to ensure their fiat currency has real world value. Lebanon Faces two Crises at the […]
Facebook’s Libra is a Challenge to Banks, not Bitcoin
On June 14, Facebook announced their intentions to launch their own cryptocurrency, Libra. This announcement sparked discussion and speculation across the entire space. Today, June 18, the project’s white paper and testnet were published. What is Libra? Per the recently released white paper, Libra is a cryptocurrency headed by Facebook […]
Top Three Implications Mass Adoption does not Guarantee
Development into and adoption of blockchain technology is growing, and this trend has no signs of stopping. In spite of last year’s price action, more and more institutions and major players are dipping their toes into cryptocurrency. Riddled between criticism and skepticism of the cryptocurrency space, recent news points to […]
Are Banks REALLY Using Blockchain?
Despite some of the bad press that cryptocurrency, and bitcoin in particular gets, we’ve seen tremendous interest from many traditional financial institutions and investors. The driving force behind this interest isn’t so much the cryptocurrencies themselves, as it is the technology that the industry is built on – Blockchain technology. If asked […]
Six German Banks Have Been Trading Bitcoin for Some Time
An interesting connection between traditional finance and cryptocurrency has become apparent over the past few months. In Germany, various financial institutions are trading Bitcoin despite the lack of regulation. That is a surprising development, and an interesting one to keep an eye on. German Banks Embrace Bitcoin It has become […]