Binance’s CZ: Crypto winning isn’t dependent on banking failures

Binance CEO Changpeng Zhao (CZ) said we should not rely on banking collapses for Bitcoin’s success. “From a crypto community perspective, we should not rely our success on the failure of others.” During a Twitter AMA, a question on banking failures benefiting Bitcoin cropped up. In response, CZ said he believes banking and crypto can…

JPMorgan to takeover First Republic bank

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Crypto-linked Cross River Bank receives FDIC order

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CZ says he expects more funds to move to Hong Kong

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Former Deutsche Bank associate charged in crypto investment scheme

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Singapore composing new guidelines for banks with crypto clients

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Citigroup believes CBDCs will lead the way to mass adoption

Ad U.S. banking giant Citigroup believes that mass adoption is six to eight years away and will be driven by central bank digital currencies (CBDCs) and the tokenization of financial, gaming and real-world assets, according to the lender’s latest blockchain report. Citi compared blockchain innovation to the early days of gas-powered vehicles or digital cameras…