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Swiss Crypto Bank Gets Approved for Singapore Banking License
31.10.2019
Singapore welcomes crypto bank Sygnum with license
Financial System Blind to Crypto’s Deflationary Impact, Says Analyst
31.10.2019
Crypto’s deflationary impact will have profound implications for the global financial system
Association of Prive German Banks Argues for Digital Euro
30.10.2019
Bankenverband, an association of private German banks, released a paper in which it argues for the creation of a digital euro
China’s Central Bank Introduces Certification System for Fintech Products
30.10.2019
The People’s Bank of China, the country’s central bank, has introduced a new system for certifying 11 types of fintech hardware and software
IBM Expects a Central Bank to Issue Digital Currency Within 5 Years
30.10.2019
73% of leading global banks state CBDC should be available “under all circumstances” in a new study by IBM and OMFIF
Tokenized Carbon Credits Exchange for Airlines Launches in Singapore
30.10.2019
AirCarbon has launched a blockchain-based carbon offset credits global exchange in Singapore
More Filthy Fiat: Two Dozen Central Banks Ramp up the Printing Presses
29.10.2019
The global economy seems to be heading toward a financial crisis fueled by central planners that could devastate markets worldwide. This year onlookers are witnessing the largest synchronization of central banks printing massive amounts of fiat or participating in other forms of stimulus....
Julius Baer Top Exec: Crypto Still in ‘Darwinian’ Process of Selection
29.10.2019
Julius Baer’s chief strategist says cryptocurrencies are at a “Darwinian” stage and remain and more like gold than currency
Why Central Banks Are Not Designed for Democracies
29.10.2019
Through their policies, central banks exert tremendous influence over the socio-economic conditions in a country and its business environment. Their decisions are so powerful that it’s obvious they are part of the government. But most people would be surprised to find out that central banks...
China to Be First to Launch Digital Currency, Says Think Tank Exec
28.10.2019
Huang Qifan of the China Center for International Economic Exchanges said that China will be the leader in forming a national digital currency
Chinese Central Bank Official Calls for Commercial Bank Blockchain Adoption
28.10.2019
A Chinese central bank official has called on commercial banks to adopt blockchain technology in digital finance
The Big Lie Perpetuated by Central Banks
27.10.2019
The central banking system controls monetary policy within a given jurisdiction, including the creation of money itself. The system is a lie and a denial of reality. The lie is political in motivation and content, and the denial of reality is rooted in culture and philosophy. Also read: Bitcoin...
Is China’s New Fascination With Blockchain Really Good for Bitcoin?
27.10.2019
Blockchain development has kind of become an element of the party line in the world’s largest officially communist state. The General Secretary of the Communist Party of China, Xi Jinping, recently told a Politburo meeting that the People’s Republic has to gain an edge in the emerging...
Cash Runs Dry at ATMs as Protests Escalate in Chile
26.10.2019
There’s a lot of unrest in Chile right now as the country has seen massive protests against government manipulation and an escalation of financial problems. Local reports detail a few banking establishments have been burned after customers started having issues withdrawing cash from ATMs....
Bahamas to Release Fiat Digital Currency to Counter Cash Dependence
26.10.2019
The Bahamas’ central bank is planning to release a national fiat digital currency to ensure the economy’s resilience in the event of a natural disaster
Coinplug Gets Support From Major Korean Banks in Its $6.4 Million Round
25.10.2019
Coinplug, a leading cryptocurrency exchange based in South Korea, has raised $6.4 million from the venture capital divisions of several local Korean firms. It was founded in the year 2013, and since then, it has been successfully operating as a crypto exchange and a Bitcoin prepaid card service...
McKinsey: Majority of Banks May Not Be Economically Viable
25.10.2019
Management consulting firm McKinsey & Company has published a global banking review and found that a majority of banks worldwide may not be economically viable. More than half of them still do not generate their cost of equity 10 years after the crisis and may not survive an economic downturn....
Stanford Prof: Crypto Will Rain on Banks’ Low-Interest Rate Parade
25.10.2019
A professor at Stanford Graduate School of Business says cryptocurrencies will inevitably upend the banking sector
Lebanon Banks' Shutdown Is ‘Most Potent Case’ for Crypto: Nassim Taleb
25.10.2019
Lebanon to keep banks closed until further notice
Major Korean Banks Back Bitcoin Startup Coinplug’s $6.4 Million Round
25.10.2019
South Korean bitcoin exchange and wallet startup Coinplug has raised $6.4 million from venture arms of major local financial institutions.