Tag Archives: Royal Bank of Canada

During the early trade on Tuesday, December 17, pound sterling fell more than 1% as several media reports suggested that U.K. Prime Minister Boris Johnson pledged to not delay the Brexit transition period by the end of 2020.As per the Bloomberg report, Johnson’s planned legislation will have a legal text that prevents the British government from further delaying the day when Britain disconnects itself from the EU laws, even if no new trade terms are secured in the stipulated time period.As...

Well, this is disappointing. After all the hype and hoopla, after all the hope that Canada may be taking an important and crucial next step towards furthering the cryptocurrency space, it turns out that rumors of the Royal Bank of Canada (RBC) creating its own cryptocurrency exchange were simply that… Rumors.RBC Dispels All RumorsThe Royal Bank has emerged to state that it is not creating, nor does it have any plans to create a cryptocurrency trading platform in the future. While the...

The Royal Bank of Canada (RBC) is creating a new cryptocurrency platform.Cryptocurrency Trading By Way of Canada, Eh…The institution is not necessarily joining the ranks of countries like the United States and China, which are setting their sights on national digital currencies designed to track user performance. This is not a centralized platform, but one similar with everyday crypto exchanges like Coinbase and Binance. The platform being offered by the bank will provide traders with access...

Photo: RBCThe biggest Canadian bank, Royal Bank of Canada (RBC), might just possibly launch its own cryptocurrency trading platform. Media sources familiar with the situation said that RBC, that has more than $965 billion in total assets, has applied for four patents in Canada and the U.S. Those patents, according to the sources are showing the ways of how it could integrate cryptocurrencies into its operations.As per the patent: “To individual users, managing cryptographic keys and...

The Royal Bank of Canada is reportedly exploring a cryptocurrency trading platform for in-store and online purchases, as well as for investments. Moreover, the bank is also supposedly looking into allowing customers to open bank accounts that contain digital currencies.Royal Bank of Canada Explores Bitcoin Trading PlatformIn what looks like a serious step forward in terms of cryptocurrency adoption, the Royal Bank of Canada (RBC) is reportedly exploring launching a trading platform for...