Danske Bank isn’t completely sold on cryptocurrency but said it won’t stop its customers from using its services in connection with crypto platforms.
Upbit exchange paid 10 times more in fees to South Korean internet bank K bank Q1 2021 than in the previous quarter.
Another hurdle financial services and institutions need to address is mainstream digital asset adoption.
Amid the global CBDC race, the Canadian central bank does not currently see a strong case for issuing a state digital currency.
Institutional adoption is threatening Bitcoin’s revolutionary mission, says Ben Hunt, founder of Second Foundation Partners.
According to Galaxy’s estimates, the annual energy usage of Bitcoin stands at 114 TWh, while the banking industry consumes over 260 TWh each year.
An up and down week filled with high volumes for animal tokens and a flurry of digital yuan news, capped by a large fundraising round for Babel Finance.
The bank still claimed that government bodies and regulators in India are both “skeptical” and “apprehensive” about crypto.
Some Russian public officials have to disclose their crypto holdings, while other officials are obliged to hold zero crypto by April 1, according to a new law.
The trader operating a registered digital currency exchange, says he is unable to continue operating without banking services.