Hawaiian Bill Would Let Banks Act as Crypto Custodians
Hawaiian lawmakers have submitted a bill that allows banks to provide custody for digital assets......»»
Bitcoin News Roundup for March 31, 2020
A popular Ethereum game is dropping crypto while France explores digital banks. It's CoinDesk's Markets Daily......»»
Fine print of stimulus bill contains special deals for industries
Small banks, retailers and for-profit colleges got provisions they wanted. So did Boeing......»»
Hawaii banks close more branches, add kupuna hours throughout the state
First Hawaiian Bank joins Central Pacific Bank, Bank of Hawaii, Hawaii State Federal Credit Union and American Savings Bank in temporarily consolidating branch networks in response to COVID-19. Effective Thursday, First Hawaiian Bank will temporarily .....»»
Users See ‘Buying Opportunity’ in Coronavirus Market Downturn, Says Crypto.com
Retail interest in cryptocurrencies is growing as COVID-19 shakes markets and central banks take drastic steps to steady the global economy, the firm says......»»
Bitcoin price rockets 23% as investors look for a new safe haven. "The crypto king is on fire."
Reuters Bitcoin prices surged more than 23% to at least $6,600 in a single day after a 30% year-to-date drop. Investors have seen central banks worldwide pump large amounts of fiat currency into the global economy, depressing prices......»»
Hawaii Hints It May Relax Onerous Rule to Lure Crypto Firms
Hawaiian regulators have launched a digital currency sandbox that waives the state’s infamous double-reserve requirement for participating crypto firms......»»
Bank of Russia Says New Digital Assets Bill Will Outlaw Crypto Trading, Issuance
The central bank is in favor of digital securities, but maintains cryptocurrencies shouldn't be allowed in Russia......»»
The Cryptocurrency Act of 2020 Is ‘Dead on Arrival,’ Washington Tells Sponsors
The 'Youngest Bitcoin Millionaire' and Metal Pay CEO worked on an omnibus crypto regulatory bill introduced by Rep. Paul Gosar (R-AZ). This is what the industry thinks......»»
Arizona Republican Introduces Draft Bill To Clarify Regulators For Crypto Assets
A bill seeking to clarify which Federal agencies regulate digital assets like cryptocurrencies has been introduced by Rep. Paul Gosar of Arizona, a Republican. read more.....»»
South Korean Lawmakers Greenlight Strict Crypto AML Bill
South Korean lawmakers voted to place tough new requirements on cryptocurrency exchanges, adding legitimacy to the country’s sprawling crypto economy – and potentially triggering a market consolidation......»»
IBM’s Public Cloud Is Secure Enough for Crypto Custodians
Announced Tuesday, the latest offering from Onchain Custodian is hosted entirely on Big Blue’s banking-grade public cloud......»»
Two Hawaii banks recognized by Forbes" best banks list
Two Hawaii banks have rated in the best banks in America list by Forbes Magazine. First Hawaiian Bank was named as the 18th best bank in the nation, and Bank of Hawaii ranked 27th in the list. Forbes’ 11th annual look at America’s Best Ban.....»»
Advent of decentralized finance: how central banks have helped to drive global crypto adoption
The emergence of cryptocurrency over the last decade has not only introduced investors to new ways of making money, but also given them a unique... The post Advent of d.....»»
Wells Fargo Invests $5M in Startup Connecting Crypto Exchanges and Banks
Banking giant Wells Fargo is backing blockchain forensics firm Elliptic......»»
Germany’s BaFin Clarifies Licensing Process for Foreign Crypto Custodians
In its latest guidance released in January.....»»
Few Banks Will Touch Crypto Firms, but Silvergate Wants to Touch Bitcoin Itself
Silvergate made its name providing fiat banking services for crypto businesses. Now, CEO Alan Lane wants the bank to handle digital assets themselves......»»
Few Banks Will Touch Crypto Firms, But Silvergate Wants to Touch Bitcoin Itself
Silvergate made its name providing fiat banking services for crypto businesses. Now CEO Alan Lane wants the bank to handle digital assets themselves......»»
Compared to Traditional Banks, Crypto Lenders See Booming Growth
A lukewarm U.S. economy is making big banks like JPMorgan Chase struggle to produce fast loan growth - even with interest rates close to historic lows. Yet, in the white-hot cryptocurrency industry, lenders are burgeoning......»»
Swiss Banks Enter the Age of Bitcoin
An emerging trend in wealth-stashing Switzerland: crypto-friendly banks......»»
Do Custodians Wield Undue Influence on Crypto Market Prices?
Noelle Acheson warns of the consolidating power of crypto custodians, and the influence this could have on asset prices......»»