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Rich Dad Poor Dad Author: Bitcoin Is Messing Into the Fed’s Territory

24.10.2019
Rich Dad Poor Dad author Robert Kiyosaki says Bitcoin is “one of the most powerful banks ever created,” making for a “very exciting time”

Coinbase UK CEO: We Need Centralized Entities to Support Crypto

24.10.2019
Coinbase UK’s CEO says centralized entities like central banks and Facebook remain necessary for the support and adoption of crypto

ING Bank Proposes Security and Privacy Trade-Off for Corda Blockchain

24.10.2019
ING has purportedly found a solution to improve the security and privacy trade-off on the Corda blockchain platform with zero-knowledge proofs

Lithuania’s Central Bank Considering IBM for Its LBChain DLT Platform

23.10.2019
IBM and Tieto are fighting for the right to develop a financial services blockchain platform for Lithuania’s central bank

Bank Crisis Spreads in India – Deaths, Strike, Supreme Court Denial

23.10.2019
The Indian banking sector is facing multiple challenges. Customers of several cooperative banks are still struggling to withdraw their money, and deaths have been reported in connection with withdrawal restrictions. Meanwhile, some 300,000 state-run bank employees are on strike against what...

Credit Suisse Is Latest Bank to Charge Clients for Cash Deposits

22.10.2019
In a normal world savers are expected to receive compensation for giving their money to the bank. Instead, due to negative interest rates, we are now seeing more financial institutions actually charging their clients for fiat cash deposits, with Credit Suisse the latest big bank to join in on this...

Banks May Cut Ties With Facebook if Libra Is Launched: ING CEO

22.10.2019
ING CEO Ralph Hamers thinks that banks may have to cut ties with Facebook if Libra is launched

Bank of Cambodia: We’ll Allow More Control with Blockchain Payments

22.10.2019
Blockchain payments will enable greater financial control and remittance efficiency, says a National Bank of Cambodia official

What Role Should Central Banks Have Launching Stablecoins Like Libra?

21.10.2019
Facebook wasn’t prepared for the backlash associated with Libra. But should central banks have a role in helping the stablecoin launch — and if so, what? #Sponsored

Bitfinex Attempts to Recover $880 Million in New Court Filing

21.10.2019
Bitfinex’s parent company filed an application in an attempt to recover $880 million

Fed’s Push for a Faster Payment System Could Create Difficulties for the Small Banks

21.10.2019
On Monday, the Federal Reserve Board announced that it is planning for a fast payment service known as FedNow. It is going to be a payment service that will facilitate and settle payments in real-time. Considering the way in which Fintech has grown, it is only natural that the Federal Reserve...

Major Korean Banks Join Government-Backed Blockchain ID Initiative

21.10.2019
Institutions including the Shinhan and NH Nonghyup banks have joined a blockchain identity initiative aimed to securely share personal data

Minister Says India, Like Other Nations, Extremely Cautious on Libra

21.10.2019
India’s finance minister says many countries are cautioning against rushing ahead with Libra

The Fed Just Printed More Money Than Bitcoin’s Entire Market Cap

21.10.2019
Bitcoin proponents watch as Fed money printing gathers pace

Remittances Partnership to Use Cambodia Central Bank’s Blockchain System

21.10.2019
The National Bank of Cambodia, the country’s central bank, signed an MoU on cross-border payments and remittances with Malaysia’s largest bank

Fed Research Considers Negative Interest Rates Effective Policy Tool

20.10.2019
A research paper published by the Federal Reserve Bank of San Francisco shows how negative interest rates could become an important policy tool for fighting future economic downturns. The paper examines the market response to the introduction of negative interest rates by five major central banks....