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Major Swedish Bank Orders Negative Interest Rate on Euro Deposits


Sub-zero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark have been in negative territory for a while and a growing number of banks in the region are now charging depositors for keeping their money. Saving in fiat right...

UN Investigating 35 North Korean Cyberattack Instances in 17 Nations


The United Nations experts have said that they are probing a minimum of 35 cyberattack incidents in as many as 17 nations carried out by North Koreans. As per The Associated Press reports, North Koreans are using cyberattacks for raising money illegally for the nuclear program. Moreover, they...

Unbanked for Buying Bitcoin: How the Financial System Criminalizes Crypto


When we think of the unbanked, we envisage citizens of developing nations who lack the means and documentation to obtain access. But you don’t have to be a Mongolian goat herder to find yourself financially excluded. In the West, relatively affluent citizens are having their banking services...

Latin America and Turkey Have the Most Cryptocurrency Users, Poll Shows


Cryptocurrency usage has been expanding globally and a new survey confirms that trend. The poll conducted by Statista shows that the citizens of troubled countries tend to exploit the benefits of decentralized digital money far more readily than the citizens of thriving nations. Also read:...

Venezuelan Mining Parts Supplier Coincoin Now Accepts Bitcoin Cash


Venezuela is among those nations where cryptocurrencies enjoy faster adoption. The South American country suffers from a political and economic crisis causing hyperinflation of the national fiat, the bolivar. Coincoin, a mining equipment supplier based in Caracas, is one of many Venezuelan...

How Crypto-Based Microfinance Benefits Small Businesses


Starting your own business isn’t easy given the reluctance of banks to grant credit. Gone are the days when a compelling business plan would be enough to have the branch manager shaking your hand and bankrolling your venture. For entrepreneurs in developing nations, where even obtaining...

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