Tag Archives: Bank

Bitcoin Hits $4K, Ripple Moves 100 Million XRP, and Latin America’s Biggest Investment Bank Goes Crypto

Ripple has released 100 million XRP from escrow, sending the funds to one of its distribution wallets. Continue reading Bitcoin Hits $4K, Ripple Moves 100 Million XRP, and Latin America’s Biggest Investment Bank Goes Crypto

Japanese Bank Head Endorse Ripple (XRP) says Bitcoin (BTC) Has no Value

Sometimes, the head of SBI Holdings Yoshitaka Kitao may appear over-optimistic about Ripple and XRP abilities to revolutionize crypto. SBI Holdings anchors and is the nucleus of Ripple activities in Asia. As the majority holder of SBI-Ripple Asia alliance, they have been promoting adoption in the crypto-active region. Continue reading Japanese Bank Head Endorse Ripple (XRP) says Bitcoin (BTC) Has no Value

Pompliano Says Bitcoin Becoming Global Reserve Currency Before Our Eyes As BBVA Blocks Thousands of Bank Accounts

BBVA, Spain’s second largest bank, sparked protests in Madrid following the bank’s decision to block thousands of accounts belonging to Chinese nationals. The protestors claim the bank blocked their accounts based on money laundering regulations. Continue reading Pompliano Says Bitcoin Becoming Global Reserve Currency Before Our Eyes As BBVA Blocks Thousands of Bank Accounts

Crypto is Worthless, Fails Basic Financial Tests: Bank of England Adviser

Legacy banks are not worried about crypto because it has no value and fails the fundamental tests of financial services. That’s the assessment of Huw van Steenis, the senior adviser to Bank of England Governor Mark Carney. Continue reading Crypto is Worthless, Fails Basic Financial Tests: Bank of England Adviser