Tag: banking

Circle's Bank Bid: Is This DeFi's Ticket to Main Street?

Circle's Bank Bid: Is This DeFi's Ticket to Main Street?

Circle’s application for a national trust bank charter could prove to be a watershed moment for the Decentralized Finance (DeFi) ecosystem. As BlockTraderHub.com, your go-to source for crypto intelligence, we're diving deep into what this move could mean for DeFi's credibility, mainstream adoption, and future trajectory.The Promise of Regulatory ComplianceAs...

TradFi's Banking Blues: Will On-Chain Solutions Be the Cure?

TradFi's Banking Blues: Will On-Chain Solutions Be the Cure?

Traditional financial institutions (TradFi) are increasingly finding themselves behind the eight ball with their traditional banking infrastructures. These central and local legacy systems, built over decades, cannot meet the needs of a quickly and constantly evolving digital landscape. BlockTraderHub.com is the smart trader’s crypto intelligence unit. It examines some of...

TradFi's 'Horrible' Banking: 7 Reasons Why Onchain is the Answer

TradFi's 'Horrible' Banking: 7 Reasons Why Onchain is the Answer

Let’s be real though, TradFi is not working for us. Miserably. We’re talking about an industry that ought to be the foundation of our economy. Rather, it unfortunately ends up a confusing web of charges, time, and opacity. I understand that this will be unpopular with traditional finance. I actually...

Senate Banking Hearing Urges Swift Action on Crypto Regulation

Senate Banking Hearing Urges Swift Action on Crypto Regulation

The U.S. Senate Banking Subcommittee on Digital Assets held a hearing. They zeroed in on a bipartisan legislative framework through which to achieve such a market structure for digital assets. Presided over by Senator Lummis, the hearing featured a panel of experts who emphasized the urgent need for Congress to...

DeFi Use Surges in Yemen Amid Sanctions and Banking Restrictions

DeFi Use Surges in Yemen Amid Sanctions and Banking Restrictions

A new analysis, carried out by TRM Labs, shows an important trend among Yemeni citizens — a shift to decentralized finance (DeFi) platforms. As a result, the retrospective study shows that more than 63% of cryptocurrency related web traffic coming from Yemen is going to DeFi platforms. This flood has...

7 Reasons Why Crypto Finance Will Obliterate Traditional Banking By 2030

7 Reasons Why Crypto Finance Will Obliterate Traditional Banking By 2030

Let's be blunt. The financial system that we’ve inherited is cumbersome, costly, and quite frankly, inequitable. For everyone else, it’s a gilded cage for the wealthy and a confusing maze of fees and restrictions. A seismic shift is coming. By 2030, I predict crypto finance, specifically DeFi, will not just...

Crypto Banking Evolution: EIP-7702, Bitcoin ETFs, and the Future of Finance

Crypto Banking Evolution: EIP-7702, Bitcoin ETFs, and the Future of Finance

Perhaps most importantly, the financial landscape is experiencing a major revolution, thanks to advances in crypto banking. EIP-7702, a new standard that will have major implications for smart contract wallets, and Bitcoin ETFs are the vanguard of this evolution. These innovations are set to disrupt established financial markets, presenting exciting...