Tag: digital | BizAndTech Newswire

digital

Bank of America Plans 165 Branch Openings to Serve Clients With ‘Complex Financial Needs’
Bank of America (BofA) plans to open dozens of branches over the next two years. Nearly 40 of those openings will happen this year, according to a Monday (Sept. 23) press release. The goal is to add m...

China persists as Bitcoin mining giant despite crypto ban – CryptoQuant
China continues to control 55% of the global Bitcoin network’s hashrate, despite a ban on crypto mining and trading that has been in effect since 2021. According to CryptoQuant data, the country’s...

Swiss crypto bank Sygnum secures license in Liechtenstein for EU expansion
Swiss crypto banking group Sygnum told CryptoSlate that it has secured a crypto license in Liechtenstein via its local subsidiary. According to a Sept. 23 statement, the firm said its Liechtenstein su...

Hong Kong monetary regulator launches second phase of CBDC project
The Hong Kong Monetary Authority (HKMA) has announced the launch of the second phase of its central bank digital currency (CBDC) pilot program, known as e-HKD, according to a Sept. 23 statement. The s...

Australian regulator to insist crypto firms obtain financial services licenses
Australia’s financial regulator is outlining fresh plans to require cryptocurrency firms to be licensed under the country’s corporate law. This goes beyond the need for crypto exchanges solely to ...

Here’s Why the Fed Cut Rates by 50 Basis Points Despite Extremely Strong US Economy, According to Arthur Hayes
BitMEX co-founder Arthur Hayes believes the Federal Reserve slashed interest rates by 50 basis points to boost Kamala Harris’ presidential campaign. In a new Cointelegraph interview, Hayes says Fed ...

Bitcoin leads $321 million inflows into crypto as Fed rate cuts spur growth
Digital asset investment products saw inflows for the second consecutive week this month, with investors pouring $321 million into the industry, according to CoinShares‘ latest weekly report. This i...

Google at the 79th United Nations General Assembly
Updates from Google at the 79th United Nations General Assembly include new partnerships, investments in infrastructure, digital skills training, and more....

Canada Shifts Focus From CBDCs to ‘Payments Landscape’
Canada’s experiment with the digital dollar is over, at least for now. The Bank of Canada announced recently that after years of exploring the idea of a central bank digital currency (CBDC), it wa...

Kamala Harris ‘backs crypto and AI investment’ as she breaks silence on stance
U.S. Vice President Kamala Harris has spoken publicly about crypto for the first time, pledging support for the industry while stressing consumer protections during her presidential campaign. During a...

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