Search
Chinese Blockchain-Based Pilot Platform Completes First Cross Border Trades
22.4.2020
Companies involved in the pilot platform managed to make trades with companies in the US, Mexico, and India
Argentina's Banks Set to Use RSK Blockchain Technology for Tracking Payments
22.4.2020
RSK enters the enterprise blockchain field by collaborating with major Argentinian banks
JPMorgan, Bank of America, Wells Fargo Sued Over Trump’s Paycheck Protection Program
22.4.2020
Class action lawsuits have been filed against JPMorgan Chase, Bank of America, Wells Fargo, and U.S. Bank for their alleged unlawful and fraudulent practices in the Paycheck Protection Program. This program is part of President Trump’s $2.2 trillion stimulus package to help small businesses...
A Major Chinese Bank Unveils the Banking Sector’s First Blockchain White Paper
21.4.2020
The Industrial and Commercial Bank of China is the world’s largest lender by assets, and they’ve just released a crypto white paper
Banks Could Intercept Your COVID-19 Stimulus Checks — Enter Crypto
21.4.2020
In response to the COVID-19 pandemic, the traditional banking system shows its vulnerability, which could not happen with crypto
Argentina’s Central Bank Trials Blockchain for New Interbank Settlement Layer
21.4.2020
The trial for a faster, more transparent clearing system involves some of the country's largest banks
Americans Purchase $1,200 Worth of Bitcoin, While 7 Banks Fumble With Stimulus Payments
20.4.2020
For years now, bitcoiners and cryptocurrency proponents have said the antiquated banking system will not continue to survive for very long and the financial system is showing massive cracks these days. The recent stimulus check fiasco is a prime example of the issue, as customers from PNC, JPMorgan...
What It Means to Be an Investor Amid the Global Pandemic
20.4.2020
In times of crisis, such as the COVID-19 pandemic, digital options could win over traditional investments — but you need to be patient
America’s Banks Can Simply Bail Themselves Out – Thanks to the Fed’s $27 Trillion Blackrock Deal
20.4.2020
Mainstream media has been awfully quiet about all the fraud and manipulation stemming from the global bureaucracies’ newly enacted covid-19 reaction policies. In the U.S. amid all the commotion and fear, the Federal Reserve granted special powers to the giant private equity firm Blackrock....
Russians Withdrew a Year’s Worth of Cash in a Month Over Coronavirus Fears
20.4.2020
Russians have been withdrawing vast amounts of cash after President Putin announces new coronavirus measures
Largest US Banks Expect Billions in Loan Losses, Profits Plunge
19.4.2020
Several of the largest U.S. banks have set aside billions of dollars in reserves as they expect massive losses from loan defaults, sending their profits nosediving. Wells Fargo’s first-quarter earnings fell a whopping 90% while JPMorgan Chase’s profit dropped 70%. Bank of America...
Are Banks and the Capital Markets Ready to Embrace Blockchain?
19.4.2020
The blockchain tech adoption for traditional financial institutions will help to improve the industry — but are those institutions ready?
Retail Banks in Poland Launch BIK’s Blockchain-Based Client Data Tool
17.4.2020
The biggest credit bureau in Central and Eastern Europe launches commercial use of blockchain-based customer data platform for retail banks
Major U.S. Banks Go Down Due to Stimulus Payout Demands
17.4.2020
Major US banks go offline amid demand from trillions of dollars of stimulus payouts
Multicoin Says 'Super Apps' Plan Behind $1.5M DeFi investment
15.4.2020
Multicoin has invested in dForce, which is launching a DeFi "super-network" to cater to the Asian market
World Bank Digs Deeper Into DLT and FinTech for Financial Inclusion
14.4.2020
The World Bank Group outlines new tech like DLT and stablecoins as crucial for financial inclusion
Chinese Gov’t Sets Up a Committee for Blockchain and DLT Standards
14.4.2020
China is aiming to form national standards for blockchain and DLT with help from a new technical committee
US Treasury Approves Square as Coronavirus Stimulus Lender
13.4.2020
Square, the bitcoin-friendly company behind Cash App, announced Monday it is participating in the U.S. government’s emergency Paycheck Protection Program
US Gov't Opens Door for Fintechs to Become Lenders in COVID-19 Relief Plan
13.4.2020
Fintech lenders can finally join the ranks of traditional banks in relief efforts for small businesses hit by COVID-19
80 Banks Charge Negative Interest Rates as Crisis Deepens in Germany
12.4.2020
Amid the coronavirus pandemic and deepening financial crisis, the number of banks charging customers negative interest rates in Germany has accelerated. At least 80 banks now reportedly charge negative interest rates, 16 of which apply this policy to even small deposits. Also read: IMF Declares...