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HSBC UK set to close 114 bank branches next year

HSBC has announced it will be closing down 114 bank branches across the UK from April 2023, citing customer migration from physical to digital banking. HSBC to close 114 bank...

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CFTC chief says Bitcoin is the only commodity in the wake of FTX collapse

The chief of the United States Commodity Futures Trading Commission (CFTC), Rostin Behnam, claimed Bitcoin is the only crypto asset that can be viewed as a commodity during an invite-only...

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Crypto Yield Offerings Have Collapsed – Bitcoin Magazine

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain...

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Banks Need Digital Business Transformation To Thrive (Survive?)

With the average return on equity (ROE) for the top 250 banks globally (by total asset) was at 6.29% in 2020, digital transformation to improve customer service and reduce costs...

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Equinix Enters Malaysia, Invests $40m in Data Center

Equinix (NASDAQ:EQIX), a publicly-listed digital infrastructure company, has entered Malaysian markets and plans to invest $40 million in a new data center Data Center A data center is a building...

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Gently, firmly… urgently – FinTech Futures

Welcome to banking. The future is here. And it’s on fire. Here’s what I want you to do about it. We will alienate you, patronise you, make your life difficult...

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Blockchain-based supply chain platform canned by IBM and Maersk

United States technology company IBM and Danish logistics firm Maersk have decided to discontinue their co-developed blockchain-backed supply chain platform, TradeLens, citing a lack of “global industry collaboration” as a...

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Brazil passes law to legalize crypto as a payment method

While Brazil has not made Bitcoin (BTC) legal tender as El Salvador did last year, the South-American nation has passed a law that legalizes crypto payments throughout the country.  The...

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Bubbles Technobabble And Bitcoin – Bitcoin Magazine

This is an opinion editorial by Maximilian Brichta, a doctoral student at the University of Southern California currently working on his dissertation, “Vernacular Economics: On The Participatory Culture And Politics...

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State Of The Bitcoin Union – Bitcoin Magazine

This is an opinion editorial by Phil Snyder, professor, video director and editor. According to Merriam-Webster, a nation-state is: “A form of political organization under which a relatively homogeneous people...

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