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Hawaiian Bill Would Let Banks Act as Crypto Custodians

Hawaiian lawmakers have submitted a bill that allows banks to provide custody for digital assets......»»

Category: forexSource: coindeskJan 23rd, 2020

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......»»

Category: forexSource: coindeskMar 31st, 2020

Fine print of stimulus bill contains special deals for industries

Small banks, retailers and for-profit colleges got provisions they wanted. So did Boeing......»»

Category: topSource: bizjournalsMar 25th, 2020

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 .....»»

Category: topSource: bizjournalsMar 25th, 2020

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......»»

Category: forexSource: coindeskMar 25th, 2020

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......»»

Category: topSource: businessinsiderMar 20th, 2020

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......»»

Category: forexSource: coindeskMar 18th, 2020

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......»»

Category: forexSource: coindeskMar 16th, 2020

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......»»

Category: forexSource: coindeskMar 10th, 2020

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.....»»

Category: blogSource: benzingaMar 10th, 2020

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......»»

Category: forexSource: coindeskMar 5th, 2020

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......»»

Category: forexSource: coindeskMar 3rd, 2020

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.....»»

Category: topSource: bizjournalsFeb 19th, 2020

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.....»»

Category: blogSource: valuewalkFeb 19th, 2020

Wells Fargo Invests $5M in Startup Connecting Crypto Exchanges and Banks

Banking giant Wells Fargo is backing blockchain forensics firm Elliptic......»»

Category: forexSource: coindeskFeb 13th, 2020

Germany’s BaFin Clarifies Licensing Process for Foreign Crypto Custodians

In its latest guidance released in January.....»»

Category: forexSource: coindeskFeb 5th, 2020

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......»»

Category: forexSource: coindeskJan 30th, 2020

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......»»

Category: forexSource: coindeskJan 30th, 2020

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......»»

Category: forexSource: coindeskJan 30th, 2020

Swiss Banks Enter the Age of Bitcoin

An emerging trend in wealth-stashing Switzerland: crypto-friendly banks......»»

Category: forexSource: coindeskJan 21st, 2020

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......»»

Category: forexSource: coindeskJan 21st, 2020