41 German Banks Now Charge Negative Interest Rates


The number of German banks charging negative interest rates has been rising rapidly. At least 41 banks now charge negative interest rates on deposits. According to reports, seven of them are imposing negative interest rates even for small deposit amounts. Also read: Survey: 58% of German Banks...

IRS Explains What Crypto Owners Must Know to File Taxes This Year


Kicking off this year’s tax filing season, the U.S. Internal Revenue Service (IRS) has published important tips for crypto owners to properly file their tax returns. This is the first time a cryptocurrency question has been included in the tax form. The IRS expects more than 150 million...

Here’s What Bitcoin’s 2 Biggest Privacy Wallets are Working on in 2020


It’s no secret that Bitcoin has issues when it comes to privacy. After all, it’s pretty difficult to implement privacy features in a system that puts the entire history of transactions on a public ledger for everyone to see. That said, improvements to Bitcoin privacy have been slowly implemented...

Is Bitcoin New Ethereum Killer?


Source: iStock/Alexander Ließ Juan Villaverde is an econometrician and mathematician devoted to the analysis of cryptocurrencies since 2012. He leads the Weiss Ratings team of analysts and computer programmers who created Weiss cryptocurrency ratings. _____ Looking for the next Bitcoin (BTC, Rated...

Initial Coin Offering (ICO): Understanding Its Pros and Cons


The influence of cryptocurrency and blockchain technology is growing with each passing day. We are witnessing heightened interests not only from the investor community in the digital economy but also masses are moving towards the adoption of cryptocurrencies. There are many factors fuelling...

FinLab Accelerates the Digital Transformation of the Businesses


FinLab is a four-month digital transformation program that was set up by the United Overseas Bank (Malaysia) in collaboration with SGInnovate in the year 2015. It was set up to promote innovation of financial technology (FinTech) in companies and accelerate the digital transformation of...

Blockchain Technology Can Boost Risk Management Planning to Many Folds


The art of Risk Management involves identifying any possible future risks and then to apply suitable solutions that can remove or reduce them. In the past years, things such as human intelligence, trust, credibility, experts’ experience and economic-prophesy, etc. were a few elements that were used...

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