Denmark’s largest bank cautious on crypto, but won't interfere Danske Bank, the largest bank in Denmark, laid out its official position on cryptocurrencies on June 17, when it published a four-point notice describing reasons to be careful when trading in digital assets. While the bank urged users to exercise caution, it stopped short of taking
City in Sichuan reportedly orders crypto miners to shut down for investigation Chinese authorities continue to crack down on cryptocurrency mining as a city in Sichuan province has reportedly halted local #Bitcoin (BTC) (BTC) mining farms. Authorities in Ya’an City, a prefecture-level city in the western part of Sichuan province, have ordered local #Bitcoin (BTC) mining
Russian oligarch Deripaska blasts Bank of Russia for ignoring Bitcoin Russian industrial tycoon Oleg Deripaska is the latest figure to criticize the Bank of Russia’s stance on cryptocurrency regulation in the country. Deripaska took to his official Telegram channel on Thursday to blast the Russian central bank for pressuring the crypto industry to avoid getting
Miami mayor offers city's clean nuclear power to Chinese Bitcoin miners With Bitcoin (BTC) mining concentration expanding in North America, Miami mayor Francis Suarez is looking to position his city as a hub for crypto mining activity. Speaking to CNBC on Thursday, Mayor Suarez said he is inviting foreign mining companies to consider establishing data centers
Bitcoin pinned below $38K as investors stash record $756 billion with Fed Bitcoin (BTC) suffered as investors moved a record amount of cash in Federal Reserve’s overnight facility after the central bank started paying interest on the money. The U.S. central bank received $756 billion via its reverse repurchase program from nearly 70 market participants
Bitcoin pinned below $38K as investors stash record $756 billion with Fed Bitcoin (BTC) suffered as investors moved a record amount of cash in Federal Reserve’s overnight facility after the central bank started paying interest on the money. The U.S. central bank received $756 billion via its reverse repurchase program from nearly 70 market participants
Banking giant BBVA debuts Bitcoin trading and custody for Swiss clients Banco Bilbao Vizcaya Argentaria (BBVA) — Spain’s second-largest bank — is set to offer Bitcoin (BTC) trading and custody services in Switzerland. According to a release issued on Friday, BBVA Switzerland will begin Bitcoin trading for all private banking clients interested in crypto assets
Over 3,000 ATMs in Beijing can now convert digital yuan into cash China continues apace with the adoption of its central bank digital currency (CBDC) as major banks launch a significant batch of digital yuan-powered ATMs. The digital yuan — a CBDC controlled by The People’s Bank of China — is now available for deposit
Over 3,000 ATMs in Beijing can now convert digital yuan into cash China continues apace with the adoption of its central bank digital currency (CBDC) as major banks launch a significant batch of digital yuan-powered ATMs. The digital yuan — a CBDC controlled by The People’s Bank of China — is now available for deposit
Chinese Bitcoin-BTC mining shakeout may have surprise BTC price consequences — analyst China’s crackdown on Bitcoin-BTC (BTC) mining may have unintended benefits for BTC price action, one analyst suggests. In a tweet on June 18, Charles Edwards, CEO of investment firm Capriole, argued that the Chinese miner exodus was already lowering Bitcoin-BTC’s potential price floor.
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