Earn by Holding USDCoin in V2 of The BlockBank Application

VILNIUS, LITHUANIA / September 6, 2021 / BlockBank will be enabling its users to earn interest on the stablecoin USD Coin (USDC), with rates up to 60x the US national average of a traditional savings account. The user’s reward in USDC is guaranteed by BlockBank. This ensures that every user engaging with the platform gets USDC as interest. With the BlockBank application V2 update arriving in Q3 this year, the users will be able to view their live portfolio and receive monthly payouts, all with no deposit and withdrawal fees or limits.…

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ECB Officially Starts to Investigate Digital Euro — Development Could Begin in 2 Years

The European Central Bank (ECB) says it is “starting to investigate” a digital euro by launching a two-year investigation. ECB President Christine Lagarde believes the ECB should be ready to respond to people’s demands for digital currencies and come up with a European-based solution that “does not jeopardize the whole banking system.” Lagarde Unveils ECB’s Plans to Respond to Digital Currency Demand With Digital Euro The president of the European Central Bank (ECB), Christine Lagarde, talked about central bank digital currencies (CBDCs), particularly the digital euro, in an interview last…

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Caitlin Long takes aim at The New York Times over crypto ‘alarm’ article

Regulated crypto bank Avanti CEO Caitlin Long says tarring the entire crypto industry with the same brush is unfair. Avanti Bank and Trust CEO Caitlin Long has posted a rebuttal to a recent New York Times article claiming that crypto and decentralized finance is “disrupting the banking industry” so fast regulators can’t keep up. Disrupting traditional finance is exactly what crypto and DeFi aspires to do, but the piece titled “Crypto’s Rapid Move Into Banking Elicits Alarm in Washington” published on Sept. 5 had a number of inaccuracies and omissions…

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