HSBC’s CEO Explains Why Crypto Is Not in the Banking Giant’s Future
Banking giant HSBC will not be offering crypto services, according to CEO Noel Quinn. Noting that HSBC is more negative on crypto than other banks, the executive stressed: “I do…
Vietnam, Philippines, India, China Among Top Countries for Crypto Adoption, Chainalysis Global Index Shows
Blockchain analytics firm Chainalysis has published its 2022 cryptocurrency adoption index. Vietnam, the Philippines, India, and China are among the countries with the highest crypto adoption. While the overall adoption…
Philippine lead financial regulator greenlights digital product testing among banks
The Philippines' banking industry will be piloting a 12-month regulatory framework that aims to deliver innovative financial services to consumers while at the same time expanding financial inclusion. [...] Read…
Russia eyes digital assets for settling cross-border transactions as sanctions bite harder
Prime Minister Mikhail Mishustin focuses on digital assets as he asked regulators to explore their use for the "uninterrupted payment for the supply of goods from abroad and for export."…
Abra seeks to become first digital asset banking institution in the United States
Abra is preparing to make a transition into a banking institution, vowing for transparency and security as it attempts to stay afloat in the changing financial landscape. [...] Read More...…
Granath v Wright: Craig Wright’s former colleagues testify he talked to them about Bitcoin before 2008
The Granath v Wright trial continued Thursday, with former colleagues of Dr. Craig Wright testifying that he had been talking about the concepts that would become Bitcoin for years before…
Ethereum finally does ‘The Merge,’ staking its future on new algorithm
The event was billed as the largest and most complicated open-source software transition in history, but the live network faces an uncertain future after it switched over to a new…
