Japanese Banking Giant MUFG to Issue Its Own Stablecoin in H2 2020
Mitsubishi UFJ Financial Group, or MUFGt, the fifth largest bank in the world, is reportedly planning to issue its own digital currency in the second half of 2020. Initiated back …
Compound ‘5x Overvalued’ as COMP Farming Accounts for 88% of Its Assets
Unlike most other cryptocurrencies, governance tokens for decentralized finance, or DeFi, lend themselves to classical fundamental analysis techniques. Since they are in many ways similar to traditional equity, they can …
Brexit As Crypto Case Study? Britain Contemplates Its CBDC
The Bank of England is considering issuance of a CBDC according to its governor, Andrew Bailey. Bloomberg reports that during a student webinar, the head of the Bank of England …
Crypto Winter Could Really Be Over as New Bitcoin Starts to Bloom
There is no doubt that cryptocurrency — specifically Bitcoin (BTC), which is frequently used as a barometer for the health of the entire sector — has made a comeback. As …
Why Banks Keep Blocking Cryptocurrency-Related Transactions
The COVID-19 crisis has brought many new users to the world of cryptocurrencies. One of the main concerns for users, however, is whether their bank cards may be blocked due …
The United States Has to Upgrade the Legacy Financial System
When the United States government voted in stimulus payments to its citizens in the wake of COVID-19, to say it went well would be… categorically untrue. From delivering checks to …
Bitcoin Community Cries Foul as Major Bank Implicated in Epstein Scandal
Deutsche Bank was recently ordered to pay a $150 million fine for “significant compliance failures” in its relationship with alleged child sex trafficker, Jeffrey Epstein. The Bitcoin community on Reddit …
App Connects Bitcoin and Lightning Payments Directly to Your Bank Account
Jack Mallers, developer of the Zap Lightning Wallet, announced his new app for iPhone, Android and Chrome on July 2, which allows users to send and receive Bitcoin (BTC) and …
OKEx Now Features Latin American Fiat Gateway with Latamex
OKEx, a major global cryptocurrency exchange, is embracing the Latin American crypto market by launching a fiat gateway for three local currencies. According to a July 3 announcement, OKEx users …
US Banking Regulator Invites Innovators to Talk Tech Virtually
Per a July 2 announcement, the Office of the Comptroller of the Currency (OCC) and the Consumer Financial Protection Bureau (CFPB) are opening up virtual hours for industry players looking …