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Nalezeno "Banks ": 3171

Central Banks To Issue Their Own Digital Currencies, Predicts IMF


For many years, cryptocurrencies and digital currencies belonged in the fringes of the financial system. However, that has now changed. Considering the way in which Bitcoin went mainstream, and millions of people started investing in it, it is not really a surprise. When so many people invest in...

'Libra Will Destroy Stablecoins, Banks Will Become Dumb Warehouses'


Facebook's Libra will destroy all stablecoins, turn commercial and central banks into 'a dumb regulated warehouse for digital fiat money' and will finally bring new Bitcoin users, the outspoken Co-founder and CEO of major crypto trading platform BitMEX, Arthur Hayes, wrote in his newsletter. "I...

SWIFT's Moves and EU Banks Target Ripple Business


Ripple, a California-based blockchain startup focusing on the banking sector, may be about to see competition in their field heat up even more, as the incumbents in the payments industry are doing more to defend their piece of the pie. According to a new report dubbed Payments: Looking to...

Fintech Banks All Set To Be Scrutinised Heavily By Relevant Regulators


Over the past half a decade or so, Fintech has possibly been the most important development in the world of finances and now it is a multibillion-dollar industry has the potential of upending the way in which people use money. Fintech may have started off as a way of developing more advanced...

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