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You Searched For "banks and cryptocurrency" and got 20 results


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3 mins read

78 pc of consumers choose digital banking over cash transactions

Nearly 80 per cent of financial institutions have seen an increase in cashless transactions over th…

ANI   


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2 mins read

Trump says he'll create a 'bitcoin national stockpile' as he courts the cryptocurrency crowd at Nashville conference

Former President Donald Trump spoke at a bitcoin conference in Nashville, where he told the crowd h…

Kenneth Niemeyer   


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2 mins read

A crypto scam sank a Kansas bank and got its CEO sent to jail for 24 years

The CEO of a small Kansas was sentenced to 24 years in prison after getting caught in a crypto "pig…

Kelly Cloonan   


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6 mins read

Bitcoin’s bizarre hike renewed enthusiasm last quarter! What does the future hold for investors?

In the ever-evolving landscape of finance, few phenomena have captured the imagination and attentio…

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2 mins read

China's trade with Russia is getting so difficult that payments can take half a year and most bank transfers are returned

Chinese banks are tightening compliance checks, fearing repercussions from Western sanctions.

Huileng Tan   


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1 min read

Cryptocurrencies equivalent to gambling: RBI Governor

Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday reiterated that crypto currencies ar…

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3 mins read

Tesla investor accuses Elon Musk of insider trading that banked him $7.5 billion

Tesla investor Michael Perry alleged that Elon Musk knew the company would miss fourth-quarter proj…

Lloyd Lee   


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11 mins read

What is cryptocurrency? What to know about this increasingly popular digital currency before investing

Cryptocurrencies are decentralized, digital currencies that use blockchain technology to manage tra…

Louis DeNicola,Tessa Campbell   


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2 mins read

Binance CEO pleads guilty, steps down and agrees to pay $4.3 bn in fines

Binance Founder Changpeng Zhao (also known as CZ) on Wednesday announced that he will step down as …

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1 min read

Dogecoin surges 18% as the meme coin's $31 billion valuation eclipses Deutsche Bank

Dogecoin is up 40% over the past week, 145% so far this year, and 191% over the past year as demand…

Matthew Fox   


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6 mins read

India’s digital currency to be launched in FY23 to be cost effective, transparent and secure

The central bank digital currency (CBDC) is about to be launched this financial year in FY23, finan…

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1 min read

The US Senate Banking Committee chair suggests banning cryptocurrencies and says they are a threat to national security

Senator Sherrod Brown added that a ban would be difficult because crypto would then "go offshore, a…

Brian Evans   


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3 mins read

A Colorado pastor accused of pocketing $1.3 million in cryptocurrency scam says the Lord encouraged him to use funds for a home remodel

Colorado pastor Eli Regalado and his wife Kaitlyn are being accused of selling "practically worthle…

Hannah Getahun,Jessica Orwig   


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1 min read

Coinbase could fall 18% as Bank of America downgrades stock amid 'murky at best' outlook for cryptocurrency in 2023

BofA cut Coinbase to underperform, saying "it will be challenging for shares to tolerate a signific…

Phil Rosen   


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3 mins read

Crypto issue requires immediate attention, says FM Sitharaman

Issues related to crypto have emerged as a major point of discussion among G20 countries and th…

PTI   


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1 min read

Tether to launch tokens pegged to the British pound in an expansion of its lineup of stablecoins

Putting British pounds on the blockchain will provide a "faster, less costly option for asset trans…

Carla Mozée   


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1 min read

The Russian central bank is gearing up to ban investment in cryptocurrencies, report says

The Bank of Russia is preparing an advisory report to voice its stance on crypto investment, the ce…

Carla Mozée   


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1 min read

The FBI is warning crypto investors to be on the lookout for fake apps that have defrauded over $42 million from users

The FBI said fraudsters were using the popularity of online banking and masquerading under names of…

Jennifer Sor   


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3 mins read

Sam Bankman-Fried might be crypto's central banker as bailouts pile up, but others could step in as 'Sam was just the first'

The crypto billionaire has said he feels obligated to "stem contagion" and make bad deals "if that'…

Brian Evans   


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1 min read

The FDIC is warning banks about crypto risk and wants firms to notify the regulator about their activities in the space

The regulator wants to evaluate the safety and soundness, consumer protection, and financial stabil…

Carla Mozée