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Nalezeno "The Currency": 3974

New Evidence Escalates Panic as RBI Still Limits Bank Withdrawals


Customers of a cooperative bank with 137 branches across India still do not know the fate of their money, which was restricted by the central bank. Evidence of alleged bank fraud has since surfaced, but the RBI still insists that India’s banking system is safe, despite many citizens being...

How G20 Central Bank Digital Currencies Are Progressing


Central bank digital currency has become a hot topic among finance ministers and central bankers worldwide, with some G20 countries ahead of the rest on work done toward issuing their own digital currencies. Experts have weighed in on their expectations of when the first G20 digital currency will...

The Government of Ukraine Prepares to Legalize Digital Currency


According to Ukraine’s local media outlet Ligamedia reports, the government of Ukraine is preparing to legalize digital currency. The move, when it takes place, will play a significant role in giving the nation’s modernization efforts a big boost. At present, digital currencies are not prohibited...

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...

Protests Led RBI to Raise PMC Bank’s Withdrawal Limit


The Reserve Bank of India has relaxed the withdrawal limit of 1,000 rupees (approximately $14) it placed on a cooperative bank a couple of days ago. The central bank said it aims to reduce the hardship of depositors after many heavy protests followed its original order. Also read: Panic at 137 Bank...

Panic at 137 Bank Branches as RBI Limits Withdrawals to ₹1,000


The Reserve Bank of India has imposed regulatory restrictions on a cooperative bank with 137 branches across India, including limiting customer withdrawals to a total of 1,000 rupees (approximately $14) per account for six months. Police personnel had to be deployed to control angry customers...

Market Update: Low Volumes and Uncertainty Shake Crypto Traders


The majority of digital currency markets have lost a few percentages over the last few days as cryptocurrency trade volume has been waning. Since our last market outlook, more than $20 billion in global trade volume disappeared and this Tuesday’s market data shows there’s only...

bitFlyer USA and Europe to Add New Altcoins on Its Buy/Sell Platform


bitFlyer, digital currency exchange based in Tokyo, has announced its decision of including new altcoins on its Buy/Sell platform. The exchange, in its announcement dated September 24, 2019, revealed that the move would benefit the Buy/Sell users from all across the United States and Europe....

Major German Stock Exchange Group Launches Crypto Trading


Boerse Stuttgart Group, which operates Germany’s second-largest stock exchange, has launched a regulated crypto trading platform, in partnership with Solarisbank. Customers can connect directly to the new exchange and trade bitcoin against the euro without a broker. Also read: Indian...

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