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Low Interest Rates Are Crushing Young People and Fueling Global Riots


There are currently riots going on in Chile, Hong Kong and Lebanon. While in every place they are caused by complex local issues, there is a global problem that is an underlying trend: low interest rates which make it impossible for young people to save for their future and at the same time push...

Massive Layoffs: Banks Cutting Nearly 60,000 Jobs Worldwide


Banks are laying off workers across the globe as revenue declines throughout the sector. According to reports, banks have announced nearly 60,000 job cuts so far this year, with most of the layoffs happening in Europe, especially in Germany. Also read: Panic at 137 Bank Branches as RBI Limits...

Spain Island Tourists Will Eventually Pay for ‘Everything’ in Crypto


The technical director of a joint local government-private enterprise group in Spain’s Balearic Islands believes that a future whereby tourists in the area pay “for everything” in cryptocurrencies is on its way. In an interview with news outlet El Mundo, Fundación Impulsa Technical Director Antoni...

Facebook’s Libra in Spain Setback – but Is there a Glimmer of UK Hope?


Facebook has endured a ragged week so far in Europe as its Libra token plans have come under fire from top finance officials first in Germany, and now in Spain. But a new report appears to indicate that British regulators might be keener to at least engage with Facebook about its proposals than...

Spain Thwarts Bitcoin ATM Scam, Prompting Regulatory Debate Worldwide


Bitcoin ATMs are not currently governed by EU money laundering regulations, and arrests coordinated by Spanish police and Europol in May are bringing new focus to this loophole. A group of eight Spanish and Latin American individuals have been arrested, along with several of their associates,...

Coinbase Launches Crypto Debit Card in 6 European Countries


Coinbase Card is being made available in six new countries across Europe. The service enables users to spend their digital funds in-store and online, supporting all crypto assets available to trade on the Coinbase platform such as bitcoin cash. Also Read: How to Buy a Cryptocurrency Hardware Wallet...

Bitsa is a Crypto Card Europeans Can Top Up With BCH


The release of a new crypto debit card is an event that deserves attention. On one hand, the launch shows there is a growing demand from cryptocurrency users. On the other, it means businesses see an opportunity to profit from providing this type of product. Bitnovo, a Spain-based fintech company...

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