Sources said that Binance is working on a setup that will allow them to keep bank deposits as collateral for margin trading in spot and derivatives. The latest report from Bloomberg shows…
Tag: bank
European Central Bank (ECB) Finalizes Digital Euro Prototype Ahead of Potential CBDC Launch
The ECB has finalized its digital euro prototype scheme as it mulls whether to roll out the government-backed token. The European Central Bank (ECB) has finalized a digital euro prototype ahead of…
Binance CEO Says Buying Bank Would Not Solve Crypto Debanking Issue
Yesterday, Binance CEO Zhao opined that a Binance-owned bank would not solve the crypto debanking situation. Binance CEO Changpeng Zhao recently said the crypto exchange is not keen on acquiring banking institutions despite the prevalent…
Bank of Brazil Includes 14 Participants in Its CBDC Pilot
The Brazil Central Bank Digital Currency will initially focus on wholesale interbank transaction payment solutions. Banco Central do Brasil (the Central Bank of Brazil) plans to include more participants in its digital…
ECB’s Panetta deems digital euro necessary to ensure central bank money dominance
What is CryptoSlate Alpha? A web3 membership designed to empower you with cutting-edge insights and knowledge. Learn more › Connected to Alpha Welcome! 👋 You are connected to CryptoSlate Alpha. To manage…
Reserve Bank of Zimbabwe Defies IMF’s Warning, Sells $39M Worth of Gold-backed Digital Tokens
Zimbabwe seeks to use gold-backed crypto tokens to salvage the country’s economic situation. The Reserve Bank of Zimbabwe has dammed any potential consequences by selling 14 billion Zimbabwean dollars ($39 million) worth…
Samsung to Work with Bank of Korea for Offline CBDC Payment Using NFC
Samsung and BOK will continue to explore new ways of developing a CBDC ecosystem and leverage the NFC technology to power offline CBDC payments. The latest development in the crypto space is…
Xapo Bank to Add Support for Tether Deposits, Withdrawals by Month End
Customers of the bank may now use the world’s largest stablecoin for payments. Gibraltar-based Xapo Bank has further established itself as one of the world’s most crypto-friendly institutions. In its most recent…
Bank of Canada Seeks Public Opinion on Digital Canadian Dollar
Despite BoC’s efforts to keep abreast of global trends, it is no rush to develop its central bank digital currency CBDC. The Bank of Canada (BoC) is currently asking Canadians to air…
Zimbabwe Central Bank Introduces Plan to Sell Gold-Backed Digital Tokens
The central bank of Zimbabwe introduced this gold-backed digital currency to combat the volatility of its national currency. In a notice on Thursday, May 4, the Reserve Bank of Zimbabwe (RBZ) invited…
