Financial services provider Square invests 50 Mio. USD in Bitcoin

After Microstrategy, another company is allocating part of its liquid assets to Bitcoin. The financial services and mobile payment company Square, headquartered in San Francisco, announced that it has purchased…

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InCore Bank cooperates with Kraken, one of the leading crypto exchanges worldwide

In line with its recently communicated strategy for digital assets, InCore Bank is now the first financial institution in Switzerland to offer banking services to Kraken clients. Zurich/Schlieren, 3 July…

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FED document discusses risks for commercial banks through CBDC’s

In a 32-page document entitled "Central Bank Digital Currency", the Federal Reserve Bank of Philadelphia examined the future of the monetary system in connection with digital central bank currencies (CBDCs).…

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