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Could Central Banks’ Digital Currency Projects Be Nothing But a Big Bluff?
5.12.2019
Contrary to the public statements, insiders at the European Central Bank (ECB) reportedly say the bank has no laboratory working on a digital euro and little intention to create one any time soon.
"Most of these comments [about the digital fiat] seem designed to jolt the private sector banks into...
The Fed’s Money Creation System Is Fueling One of the Biggest Heists in History
4.12.2019
Since mid-September, the Federal Reserve has injected three trillion U.S. dollars into the hands of private banks and Wall Street. Despite the fact that massive amounts of money was created out of thin air, the central bank still believes repurchase agreements (repos) are needed to tame...
France to Test Its Central Bank Digital Currency in Q1 2020: Official
4.12.2019
French central bank governor wants France to be the first country to issue a central bank digital currency
Banks Are Cutting 75,700 Jobs Worldwide
4.12.2019
Banks worldwide have announced major job cuts this year. Globally, 75,700 jobs are reportedly being eliminated, with the most recent announcement coming from Italy’s largest bank. Unicredit has become the latest major bank to unveil layoff plans, joining Deutsche Bank, Santander, Commerzbank...
No Demand for a State Digital Currency in Japan: Central Bank Governor
4.12.2019
There is no public demand for a central bank digital currency in Japan, according to Bank of Japan Governor Haruhiko Kuroda
Japan: MUFG Bank Denies Reports It is Developing New Digital Currency
4.12.2019
Major Japanese bank MUFG has denied local media reports that it will launch a digital currency in 2020
European Banks Struggle With Low Interest Rates and Strict Regulations
4.12.2019
Banks in Europe have been in a difficult spot lately. A new report reveals that financial institutions across the region faced serious difficulties in the 2018 financial year, and despite all the cost cutting that followed, haven’t managed to compensate the revenue decline in 2019....
Danish Court Upholds Nordea Bank Ban on Employees Owning Bitcoin
3.12.2019
Nordea Bank can now officially bar its employees from owning cryptocurrencies, according to a court ruling
Deutsche Boerse’s DLT Security Lending Platform Sees First Transactions
3.12.2019
Three major banks carried out the first transactions on Deutsche Boerse and HQLAX’s DLT-enabled security lending platform
German banks allowed to sell crypto assets in 2020
2.12.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 2 December, 2019 “The world breaks everyone, and afterward, some are strong at the broken places." - Ernst Hemingway In today's newsletter, we will be covering: Cisco winning a patent and seeks to […]
The post German banks allowed...
German banks allowed to sell crypto assets in 2020
2.12.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 2 December, 2019 “The world breaks everyone, and afterward, some are strong at the broken places." - Ernst Hemingway In today's newsletter, we will be covering: Cisco winning a patent and seeks to […]
The post German banks allowed...
SoftBank Releases Debit Cards With Built-In Blockchain Wallet
2.12.2019
SoftBank developed a debit card featuring a built-in blockchain wallet for crypto storage
Regulatory Roundup: Germany to Let Banks Sell and Store Crypto, Laws Changing in Asia
2.12.2019
Some major regulatory developments in the crypto space have transpired this week. Not only has Germany passed a bill allowing banks to sell and store cryptocurrencies, but South Korea and Thailand are also amending their laws to better regulate the crypto industry. We also cover crypto news...
German Banks Authorized to Store and Sell Cryptocurrency in 2020
29.11.2019
Next year German banks will be able to manage cryptocurrencies like bitcoin after the fourth EU money laundering directive goes into effect. The directive passed in the German parliament, Bundestag, allows banks in the country to act as cryptocurrency custodians rather than rely on third-party...
Russian Central Bank Says It Would Support Crypto Ban
29.11.2019
The Bank of Russia has backed a potential ban on cryptocurrency payments, according to a state news agency
New German Law Might Allow Banks to Store, Trade Crypto
29.11.2019
Germany’s federal parliament Bundestag has reportedly passed a bill that is to allow the country's banks to store and sell cryptocurrencies next year. However, the legislation is awaiting the approval of the Bundesrat, the parliament’s chamber that represents Germany’s 16 federal states.
The latest...
Germany: New Proposed Law Would Legalize Banks Holding Bitcoin
29.11.2019
By 2020, German banks will be able to custody Bitcoin, if new proposed changes to the law are approved
German Banks Allowed to Sell and Custody Crypto Assets From 2020: Report
29.11.2019
From next year, banks in Germany will be allowed to offer the sale and storage of cryptocurrencies under new legislation
Cardano’s Payment Gateway for Merchants Is Now Live
29.11.2019
The Cardano Foundation launches ADA payment gateway, allowing merchants to accept payments in ADA with settlement in 35 fiat currencies
Robinhood Withdraws Bank Charter Application Due to Regulatory Challenges
28.11.2019
Robinhood has withdrawn its bank charter application with the U.S. Office of the Comptroller of the Currency due to regulatory challenges