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Global Central Banks to Question Facebook-Led Libra Over Financial Risks
16.9.2019
The Libra Association is to be grilled by 26 central banks over the perceived risks to financial stability posed by the crypto project
At Least 19 Central Banks Give Way to Monetary Easing As Economy Slows
16.9.2019
In a coordinated fashion, more than 18 central banks worldwide have or plan to cut interest rates, sparking a domino effect of monetary easing. It’s been 10 years since the world has seen central planners orchestrate such harmonization in an attempt to save the economy from a deep recession....
Germany’s Largest Bank Joins JPMorgan’s Blockchain Network
15.9.2019
Deutsche Bank joins JPMorgan’s blockchain-based platform IIN, expanding the network up to 320 members
Central Banks to Meet With Libra Founders in Switzerland on Monday
15.9.2019
A forum of central banks will meet with Libra on Monday to assess the purported financial stability risks of the project
Crypto Facilitates Money Transfer for Restricted China
14.9.2019
Crypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal to send or receive over $50,000 in fiat money without government permission. Restrictive banking regulations, international trade wars, and a surveillance state in...
Russian Banks Intent on Depriving Cryptocurrency Owners of Anonymity
13.9.2019
Russians want to eliminate all kinds of anonymity with regard to cryptocurrency dealings and make facts and figures related to crypto ownership public, thus bringing in a certain degree of transparency in the dealings. The media outlet RNS has reported that the Association of Banks of Russia, which...
Big Banks Won’t Touch Crypto Clients – But These Smaller Banks Will
13.9.2019
Cryptocurrencies undoubtedly bring new business opportunities. The expanding industry around digital assets and its customers need more and more services that traditional sectors can provide. Banking is often a bottleneck in the crypto space as most traditional institutions are still reluctant...
Venezuela: New Bitcoin Trading Record as Biggest Bank Embraces Petro
13.9.2019
Venezuelan banking customers could soon get a Petro wallet
Russian Banks Want to Eliminate Cryptocurrency Anonymity
13.9.2019
Russian banks want to wipe out all forms of anonymity in cryptocurrency dealings – and make crypto ownership facts and figures public.
Per a report from media outlet RNS, the Association of Banks of Russia – a collective comprising many of the country’s leading banks and financial institutions...
Alfa-Bank Launches Bank-as-a-Service Platform on Waves Blockchain
12.9.2019
Alfa-Bank and X5 Retail Group partnered to launch a blockchain liquidity management service in Russia
Greta Thunberg Joins Satoshi in Questioning Bank Bailouts
12.9.2019
Saving planet Earth is a noble goal with many different dimensions. Climate change needs to be addressed vigorously as our world warms up faster than ever. Economic development needs a higher degree of financial freedom to provide everyone access to opportunities and wealth. A teenager from...
Santander Issues $20 Million End-To-End Blockchain Bond on Ethereum
12.9.2019
Santander has issued a $20 million bond directly onto the Ethereum blockchain, where it will remain until the end of its one-year maturity
Panerora ICO Is Pushing Out Banks from the Remittance Industry
11.9.2019
The impact of fintech became very noticeable in the past few years. The blockchain-based services have not only started to take portions of the banking markets, but have also become a top choice for nonbank markets as well. With so many in need of banking services, especially on the African...
BitMEX Operator HDR Global Hires Former BNP Paribas Exec
11.9.2019
BitMEX parent firm HDR Global hires former BNP Paribas’ General Counsel Derek Gobel as the group’s new general counsel
SWIFT: Crypto Useless, ‘Goes Down In Value Like A Yoyo’
10.9.2019
Cryptocurrencies “go down in value like a yoyo,” are “useless and unstable,” say representatives at SWIFT
Crypto Banking Expands With Positive Interest Rates and New Services
9.9.2019
Banking, in the traditional sense of the term, has become a financial burden for account holders in regions where the era of subzero interest rates has already set in. European nations like Sweden, Denmark, Switzerland, and Eurozone countries have been in negative territory for some time, and banks...
S&P Says GCC Banks Are Improving Rapidly Due to Tech Adoption
9.9.2019
Over the past two decades, the advancements in technology have brought on far-reaching changes in the lives of individuals as well as in a range of industries. Tech is now the bedrock of most industries, and it is felt most acutely when it comes to the banking industry. Nowadays, the long-term...
10 Useful Browser Plugins to Help Crypto Users
9.9.2019
There are many different browser extensions or plugins that benefit cryptocurrency users, ranging from price trackers and wallets to those that help crypto users with security and privacy. Bitcoin.com has produced a video, listing 10 of the most useful browser extensions with explanations of...
Jack Dorsey: Twitter Has No Interest in Creating Libra-Like Crypto
7.9.2019
Twitter and Square CEO Jack Dorsey has no interest in following the example of Facebook’s Libra
Fed Chair Says Agency Monitoring Crypto But Not Developing Its Own
7.9.2019
Federal Reserve Chairman Jerome Powell argued that central banks will not likely release their own digital currency in the near term