The Roadmap For Banks Adopting Bitcoin
U.S. banking regulators are exploring how traditional banks can hold bitcoin for various purposes.The below is from a recent edition of the Deep Dive, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.In a major announcement yesterday, news broke that U.S. banking regulators are exploring a roadmap for traditional banks to hold bitcoin so that the asset can be used for client trading, as collateral for lending or just to exist on banks’ balance sheets. Even under....
Related News
There is a misconception in the bitcoin community that the roadmap for how bitcoin should scale is based almost entirely on the technical judgment of the Bitcoin Core developers. While the Bitcoin Core roadmap does draw heavily on the substantial technical expertise of the Core developers, there are many non-technical factors that influence the Core roadmap. Many people agree with Core on all of the technical issues, yet still disagree with their roadmap. That's because the roadmap is based on assumptions about economics, group psychology, ethics and many other things which we have no....
Cash and cryptocurrencies have been the target of the European Commission’s anti-money laundering efforts. Recently, the Commission published a roadmap of its proposal for the ‘restrictions on payments in cash’ initiative, extending them to cryptocurrencies like bitcoin. The Roadmap. The roadmap or ‘Inception Impact Assessment’ aims to inform....
The Internet Development Institute (IRI) of Russia has prepared a roadmap titled “Economics and Finance” which includes a proposal for regulating blockchain. A new roadmap that pitches the proposal to ‘legalize’ blockchain technology by January 2017 was submitted to President Putin this week, December 22, 2015. The roadmap is a supplement under the wider proposal called “Internet Program 2025”, an initiative that puts together proposals for the development of internet and communication as a whole in Russia. The proposal has one if its strongest advocates in Andrei Romanenko, the co-founder....
South Korean banks are taking steps to bring cybersecurity to a new level as they try to keep up with fintechs and address new threats arising from their interaction with the crypto space. A number of institutions are adopting unprecedented measures including the integration of blockchain technologies, Korean media reported. South Korean Banks Boost Cybersecurity to Facilitate Digitalization Faced with challenges stemming from the digitalization of the financial sector, commercial banks in South Korea are stepping up their efforts to improve security in the cyberspace. According to a....
(Link to full roadmap here: roadmap.pointnetwork.io)
With “web 3.0” suddenly upgrading from an obscure area of research to a hot topic of mainstream conversation and a significant part of the 2020-s zeitgeist, more and more questions arise about the nature of the beast. Is “Web3” going to stay a vague and undefinable term, or does it have a precise definition?
Besides meanings that became obsolete years ago, like ‘Semantic Web,’ what’s adding to the confusion are all the projects describing themselves as....