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The World Bank’s Blockchain Bond Is Just a Fancy Way of Selling Debt
21.8.2019
Last year the World Bank and the Commonwealth Bank of Australia announced a permissioned Ethereum-based blockchain to facilitate the end-to-end issuance of bonds between financial partners. The Bretton Woods-created financial institution hopes to make debt capital markets far more efficient with...
Australia’s Biggest Bank Says Its ‘BioTokens’ Can Help the Environment
21.8.2019
The Commonwealth Bank of Australia develops tokens meant to enable investments in sustainable development
What's Driving Up Bitcoin Price? Central Banks, Says FT Reporter
21.8.2019
Central banks are igniting Bitcoin’s valuation, argues the Financial Times' chief correspondent for international finance
Facebook-owned WhatsApp Looks to Launch Digital Payments in Indonesia
21.8.2019
WhatsApp is reportedly looking to partner with local firms to launch digital payments in Indonesia
Mark Mobius: Buy Gold as Bitcoin Price Rises, Central Banks Cut Rates
20.8.2019
Veteran frontier markets investor Mark Mobius suggested that cryptocurrencies will help boost the price of gold
Central Banks, Stablecoins and the Looming War of Currencies
20.8.2019
A flood of competing stablecoins is coming to the global economy, setting the stage for what could be a climactic battle with the world's biggest central banks
Additional $34 Million Raises By World Bank’s Blockchain Bond
20.8.2019
World Bank Blockchain bond has been making a mark in the industry for a long time. Moreover, it has managed to gain the confidence of the investors since the beginning. To no surprise, it has further raised $34 million in the industry. This money has been raised for the Kangaroo bond that is due...
Report: Israeli Bitcoiners Petition Banks to Disclose Crypto Policies
19.8.2019
A crypto nonprofit is petitioning for Israeli banks to disclose their policies on crypto-related funds
Silvergate Bank Eyes Crypto-Collateralized Loans for Institutions
19.8.2019
Silvergate Bank, one of the cryptocurrency industry's few go-to financial service providers, is planning to become a crypto lender
Digital Piggy Banks And Books: How Crypto Industry Targets Kids
18.8.2019
While there are not many things that everyone in the cryptocurrency community can agree on, there is a shared belief that decentralized digital currencies will play an integral role in the future of money. As a result, a handful of companies are building their business on products that aim...
Philippines Increasingly Crypto Friendly – A Look at Driving Forces
18.8.2019
There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. The country has an active crypto community...
Passing the Burden of Negative Rates to Bank Clients Opens Door for Cryptocurrencies
17.8.2019
Record low and negative interest rates have put commercial banks in a difficult spot. Across Europe, they have been passing the burden to their clients. Some have introduced fees for those with large account balances, while others are punishing everybody equally. In any case, some bankers fear this...
Hong Kong Protest Leader Hopes to Incite Run on Chinese Banks
16.8.2019
The 11th week of protesting in Hong Kong has passed as the world has witnessed massive sit-ins at the national airport and demonstrations across several locations citywide. The 2019 anti-extradition bill protests have affected Hong Kong’s local economy, investors have dumped on the benchmark...
Central Banks Worldwide Testing Their Own Digital Currencies
15.8.2019
Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden....
Argentina’s Peso Collapse Shows Governments Shouldn’t Control Money
15.8.2019
Whenever bitcoin experiences a sharp drop or volatility, mainstream media analysts jump to declare that cryptocurrency isn’t stable enough to be considered money. The double-digit crash of the Argentine peso in one day, simply due to an election in the country, can be said to prove the same...
Can Central Bank Digital Currencies Be Used to Fight Financial Crimes?
14.8.2019
Central bank-issued digital currencies could have a great advantage in combating the shadow economy and illegal activities, and they could be a viable alternative to digital currencies like Libra
Barclays May Be Ending Work With Coinbase, Transactions in GBP to Slow
14.8.2019
Sources at Barclays have reportedly confirmed that the bank has stopped working with crypto exchange Coinbase, complicating users transacting with the pound
Bitex Crypto Exchange Partners With Bantotal In Latin America, Over 60 Banks Can Now Use Bitcoin
14.8.2019
In a breakthrough for the crypto industry in Latin America, popular crypto exchange Bitex has entered in partnership with a prominent banking service provider in the region, Bantotal. The latter has a presence in 14 Latin countries, which will give Bitex an unparalleled exposure. Uruguay based...
Bitex Partners With Bantotal For More Cross-Border Payments in Latin America
14.8.2019
BTC exchange Bitex has partnered with Uruguay-based Bantotal to facilitate cross-border payments throughout Latin America
Big Banks Enabled Jeffrey Epstein’s Sex Trafficking Crimes
13.8.2019
Unlike the unfounded narrative that cryptocurrency enables crime, big banks are more than happy to serve unsavory clients if it is lucrative enough for them. The latest example of this is a report that Jeffrey Epstein was apparently using his bank accounts to fund sex trafficking and possibly other...