Search

Nalezeno "banks": 3176

Bank of England Considering a Central Bank Digital Currency, Governor Says

14.7.2020
The U.K.'s central bank is discussing the possibility of launching a digital currency, perhaps in several years

Compound ‘5x Overvalued’ as COMP Farming Accounts for 88% of Its Assets

13.7.2020
Researchers claim that the Compound token is at least five-fold overvalued as over 88% of its $1 billion book is lent to liquidity miners

Brexit as Crypto Case Study? Britain Contemplates Its CBDC

13.7.2020
The governor of the Bank of England acknowledged that the U.K. is considering the issuance of a CBDC

Crypto Winter Could Really Be Over as New Bitcoin Starts to Bloom

12.7.2020
Although the cryptocurrency industry still has many needed improvements, it nevertheless seems to be on an upward trajectory

Why Banks Keep Blocking Cryptocurrency-Related Transactions

12.7.2020
The close interaction between traditional finance and regulators is the key element in the development of the cryptocurrency industry

Zimbabwe’s Battle To Control Currency Inadvertently Boosts Bitcoin Profile

12.7.2020
Zimbabwe’s deteriorating economic situation is forcing authorities to sign off on some desperate and controversial decisions. Some of such decisions include the abrupt suspension mobile money as well as the recent designation of Zimswitch as a national payment switch. Reserve Bank of Zimbabwe...

Christophe Cieters: Monopoly Money

12.7.2020
As money developed and people opted to place it in secured storage, banks started issuing banknotes which represented a client’s deposit at the bank and the promise to redeem each note for the amount of gold it represented at a 100% reserve rate. Market exchange rates of the coins were...

How are Central Banks Exploring Central Bank Digital Currencies?

11.7.2020
At a time when enterprises are moving fast toward the adoption of blockchain technologies, central banks are exploring digital currencies as an alternative to replace their cash in circulation. A Central Bank Digital Currency (CBDC) is the digital form of fiat currency. Not to be confused with...

The United States Has to Upgrade the Legacy Financial System

10.7.2020
Slow-roll regulations in the United States may leave Americans behind in the financial innovations’ running

China’s Giant Ride-Hailing Service Didi to Pilot the Central Bank’s Digital Yuan

9.7.2020
The Chinese government and the country’s central bank, the People’s Bank of China (PBoC), are currently in the midst of testing a digital yuan or central bank digital currency (CBDC). Now the Chinese ride-hailing corporation Didi Chuxing will be trialing the newly developed digital yuan...

Bitcoin Community Cries Foul as Major Bank Implicated in Epstein Scandal

8.7.2020
The Bitcoin community was quick to point out a $150 million penalty paid by Deutsche Bank for serving Jeffrey Epstein

Major Indian Company TCS Launches Cryptocurrency Trading Solution for Banks’ Customers

8.7.2020
Leading Indian IT company, Tata Consultancy Services (TCS), is launching a cryptocurrency trading solution for banks to allow their customers to invest in cryptocurrencies. TCS is part of the Tata group, India’s largest multinational business group, and is listed on two stock exchanges...

Central Banks Cannot Print Jobs: Understanding Real Economic Recovery, Feat. Daniel Lacelle

7.7.2020
A leading economist shares why crisis-time central bank policies are saving zombie companies while hurting small businesses and startups

Escalating Bank Runs Spur Chinese Government to Require Approval for Large Cash Transactions

7.7.2020
A series of bank runs has prompted the Chinese government to begin requiring approval for large cash deposits and withdrawals at commercial banks, starting with banks in a northern province. Recently, two bank runs happened within a week as people lost faith in financial institutions amid...

App Connects Bitcoin and Lightning Payments Directly to Your Bank Account

6.7.2020
The Strike app hopes to encourage mass adoption of the Bitcoin and Lightning Network by connecting it directly to a bank account or debit card

Dalio Says Capital Markets Are ‘Not Free‘ as Central Banks Drive Economy

4.7.2020
Bridgewater CIO Ray Dalio claims capital markets are no longer free as central banks drive more of the economy

More South Korean Banks May Look to Start Crypto Operations

4.7.2020
More South Korean conventional finance firms are set to follow Nonghyup (NH Bank) into the cryptoasset industry, say experts, academics, and industry insiders – who think regulators may offer banks safe passage into the crypto sector. As reported earlier this week, NH has announced it will begin...