Big Banks are Investing Heavily in Blockchain and Crypto: $364 Billion Investment Firm

Steve Chiavarone, a portfolio manager at Federated Investors, a US-based investment firm that oversees $364 billion in customer assets, stated that blockchain technology will drive the fourth industrial revolution, echoing the stance of many large-scale investors and politicians, including Seoul mayor Park Won-soon. “When you think about it from an enterprise perspective, it has the The post Big Banks are Investing Heavily in Blockchain and Crypto: $364 Billion Investment Firm appeared first on CCN

Source: Big Banks are Investing Heavily in Blockchain and Crypto: $364 Billion Investment Firm

India’s Supreme Court Keeps Ban on Banks’ Crypto Services, For Now

According to a team of Indian lawyers, the Supreme Court of India refused request for a temporary injunction against restrictions imposed on banks regarding cryptocurrency by the country’s central bank. The Reserve Bank of India (RBI) issued a circular essentially banning crypto services, which will remain in place at least until a formal hearing.

Source: India’s Supreme Court Keeps Ban on Banks’ Crypto Services, For Now