Is Your Money Safe During The Banking Crisis?
This is an opinion editorial by Brad Mills, host of the Magic Internet Money Podcast and an investor in several Bitcoin-focused projects. Big banks are failing. Credit Suisse, one of…
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Almost 50 Russian Banks Accept Yuan Deposits Amid Low Demand for Dollar Accounts
A growing number of banking institutions in Russia are offering customers the option to save in Chinese yuan. The trend coincides with declining demand for U.S. dollar and euro deposits…
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Systemic Swiss Banks Not Ready for Crisis, Regulator Says
Switzerland’s financial regulator is not satisfied with the emergency plans of two of the Alpine nation’s five major banks. The assessment refers to a period prior to the rescue of…
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Swiss State-Owned Banking Giant Postfinance to Offer Crypto Services
Postfinance, one of Switzerland’s largest retail banks, will offer customers access to major cryptocurrencies and related services. The state-owned financial institution will be using the banking platform developed by the…
There’s No Reason To Trust Banks And, Thanks To Bitcoin, We Don’t Have To
Trust in central and commercial banks is eroding quickly. The internet and social media are oil in the fire and Bitcoin is the extinguisher. This is an opinion editorial by…
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Nasdaq Aims to Launch Crypto Custody Services in Second Quarter
Nasdaq intends to launch its custody services for digital assets like bitcoin by the end of this year’s second quarter. The exchange operator is among those traditional financial firms that…
How Will Bitcoin Adapt To Banking Uncertainty?
As some of the cryptocurrency industry’s go-to banks failed, Bitcoin’s importance was on display while its on and off ramps suffered. This is an opinion editorial by Karen Shidlo, a…
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Blockchain to Become More Relevant in Payments This Year, Sberbank Exec Says
Blockchain technology can help solve current issues with settlements, according to the deputy chief executive of Sberbank. Russia’s largest bank is working with other financial institutions to develop blockchain-based payment…
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US Bank Outflows and Concerns Mount: 11 Banks Bail Out First Republic Bank From Collapse
After the fall of Silvergate Bank, Silicon Valley Bank (SVB), and Signature Bank (SNBY), First Republic Bank, a commercial bank and wealth management services provider, is the latest financial institution…
A Recap Of Last Week’s Banking Contagion And Bitcoin
So much has happened in the last week that it may be helpful to look at the totality of these events in relation to bitcoin. This is an opinion editorial…