Banking

Citi is the latest banking behemoth to give an optimistic forecast for the metaverse, which envisions the internet’s future as a collection of decentralized technology and virtual environments. According to the New York-headquartered global investment bank, the metaverse economy...

SHIBA Inu coin continued to climb on Wednesday as a banking giant announced it created a new multi-coin wallet capable of storing NFTs. Shiba Inu's value was at $0.00003520 on Wednesday, a 6.73% increase over 24 hours, according to...

As the air cleared around crypto ban speculations in India, it appears that a pro-crypto wave is about to hit the developing nation’s markets. The exclusive update revealed that Kotak Bank has allowed India’s biggest crypto exchange, WazirX...

Bitcoin has proven to be a long-term play which means nations can no longer ignore the impact of the cryptocurrency on the economy. One way that nations have responded to this has been through regulations. While some countries...

The former boss of Citigroup Inc., Vikram Pandit predicted that the majority of financial institutions will begin cryptocurrency assets trading in lieu of the decentralized industry’s inevitable growth. Pandit spoke at the Singapore Fintech Festival event and told...

The up and coming, Thailand’s crypto exchange, Bitkub Online Co. has exceeded the $1 billion valuation mark in a short timeframe and has entered the Unicorn race. This became possible after the nation’s banking giant, Siam Commercial Bank...

Enterprise-grade digital FinTech platform COTI is partnering with payment processing gateway Simplex to offer bank accounts and Visa debit cards on the Cardano blockchain, according to media reports and a company blog post. Having launched its first stablecoin on...

American banking giant Citigroup is all set to expand its cryptocurrency services. Earlier today, sources disclosed that the firm will now offer ‘Bitcoin Futures trading’ to some of its biggest clients after receiving regulatory approval from the Chicago...

A Deloitte report, surveying mostly banking executives, revealed that the majority think, cryptocurrencies like bitcoin and other virtual assets can potentially replace fiat currencies like the U.S. dollar in the next 5-10 years. The executives have described this...

In line with the move, Lloyds increased its net new money target to around £40 billion in 2023.British financial institution Lloyds Banking Group PLC is set to buy major WealthTech player Embark Group for £390 million. The UK banking...