Tag: Bank

Spanish bank BBVA advises wealthy clients to invest in Bitcoin: report

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Spanish banking giant BBVA is reportedly advising its wealthiest clients to buy Bitcoin, just months after announcing plans to offer cryptocurrency trading to its customers. According to a report by Reuters, BBVA has advised its top money clients to have 3% to 7% of their portfolio allocated to Bitcoin (BTC) and cryptocurrencies.  The suggested allocation depends on an investor’s risk appetite, said Philippe Meyer, Head of Digital & Blockchain Solutions at BBVA Switzerland. Speaking at the DigiAssets conference in London, Meyer revealed that the bank has been advising its private…

Bank of America Charts Bitcoin Among Most Disruptive 1,000-Year Innovations

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Bank of America now places bitcoin among the most disruptive forces in a millennium, signaling Wall Street’s awakening to its historic role in reshaping global financial power. 1,000 Years of Disruption: Bank of America Ranks Bitcoin Among Humanity’s Greatest Innovations Bank of America (BofA) Global Research released a long-term chart outlining 1,000 years of technological […] Original

Stablecoins May be Safer Than Bank Deposits: Proof of Talk Panel

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Stablecoins may be safer than deposits held at commercial banks, according to Diogo Monica, general partner at Haun Ventures. Speaking during a panel discussion titled “Stablecoins: Programmable Money in a Digital World” at the Proof of Talk conference in Paris on June 10, Monica said that many stablecoins are backed by reserves held at globally systemically important banks (G-SIBs) or in short-term US Treasury bills, which he views as more secure than commercial bank deposits. “It’s actually much better than having a dollar in a commercial bank,” Monica said. Proof-of-Talk…

Report: Deutsche Bank Assesses Leveraging Stablecoin Tech or Consortium Role

Deutsche Bank AG is exploring stablecoins and tokenized deposits as large financial institutions increase digital asset investments. German Financial Giant Ponders Stablecoin Use and Token Deposits Bloomberg reports that Germany’s largest lender is evaluating stablecoin options, which could involve issuing its own token or joining an industry initiative, according to Sabih Behzad, Deutsche Bank’s head […] Source CryptoX Portal

From Central Bank Halls to Web3 Frontiers — An Interview With Fastex CEO

Few crypto executives have the résumé of Vakhtang Abrahamyan: decades in central banking, now leading a global Web3 company. At Bitcoin 2025, we talked about Fastex’s expansion, RWA tokenization, exchange security, and more. An Interview With Vakhtang Abrahamyan I sat down with Fastex CEO Vakhtang Abrahamyan at the Bitcoin Conference 2025, this year in Las […] Source BitcoincryptoexchangeExchanges CryptoX Portal

Bitcoin Scarcity May Spark Explosive Surge, Bank Study Shows

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They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits take a more mechanical (and sometimes philosophical) turn. Christian’s journey with the written word began long before the age of Bitcoin. In the hallowed halls of academia, he honed his craft as a feature writer…

Russia’s Largest Bank Starts Issuing Bitcoin Bonds

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Sberbank, Russia’s largest financial institution, has announced the issuance of the first batch of structured bitcoin bonds. The instruments are currently offered to a limited number of qualified investors, but the bank expects to provide more crypto-linked securities soon. Sberbank Pioneers Bitcoin Bonds in Russia Cryptocurrency is slowly starting to become a mainstream asset in […] Original

South African Judge Slams Central Bank for Using Apartheid-Era Laws to Regulate Crypto

A South African judge has slammed the South African central bank for using outdated exchange control laws from the apartheid era to regulate cryptocurrencies. Judge: Apartheid-Era Laws Unfit for Cryptocurrency Regulation A High Court judge has criticized the South African Reserve Bank (SARB) for its continued reliance on outdated exchange control laws to regulate cryptocurrencies. […] Source CryptoX Portal