World's first: Brazil's largest bank allows direct purchase of Bitcoin!
Brazil's largest bank, Itaú Unibanco, has announced that it will begin allowing the purchase of Bitcoin and other cryptocurrencies.
WenJunBrazil's largest bank, Itaú Unibanco, has announced that it will begin allowing the purchase of Bitcoin and other cryptocurrencies.
WenJun巴西最大的银行伊塔乌联合银行宣布可以开始购买比特币和其他加密货币
WenJunRecently, the Industrial and Commercial Bank of China has shown favor towards Bitcoin and Ethereum, possibly hinting at China's stance on cryptocurrencies.
WenJunEuropean Central Bank Member Isabel Schnabel's recent statement highlights Bitcoin's status as a speculative asset, not aligning with the ECB's foreign reserves criteria. Bitcoin's exclusion from the ECB's portfolio seems imminent, given its deviation from the bank's emphasis on liquidity, security, and returns. Final Verdict: While Schnabel's stance provides clarity, it signals a negative outlook for Bitcoin's integration into the European Central Bank's portfolio, emphasizing the challenges posed by its speculative nature and deviation from established criteria.
BerniceThe world's largest bank, ICBC, pays a ransom amid a cyber attack, raising questions about financial system vulnerabilities and over-reliance on market leverage.
Cheng YuanPanamanian bank Towerbank opened its doors to bitcoin and cryptocurrency clients through a series of tweets and memes.
CointelegraphBank of America launched crypto custody for institutional investors in October as part of a partnership with New York-based Digital Investment Group.
CointelegraphJohn R. Buran, CEO and President, Flushing Financial Corporation: "As part of our ongoing digital transformation, we recognize the importance of keeping up with emerging market trends."
CointelegraphCryptocurrency transactions over 600,000 rubles (approximately $8,000) will have to be declared, otherwise they will be considered a crime.
Cointelegraph