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Nalezeno "Financial": 5150

Colombia’s Financial Sector May Be Allowed to Pilot Crypto Transactions

18.9.2020
Colombian banks may be permitted to test crypto transactions in a new regulatory sandbox, after a presidential advisor stated that a top financial regulator may actively seek the aid of the nation’s financial sector to pilot crypto-powered business. In a tweet, presidential economic and tech...

Inflation Hit Ethiopia Demonetizes Currency To Curb Cash Hoarding

17.9.2020
The Ethiopian government has unveiled a new set of banknotes that are expected to help authorities in curbing cash hoarding, illegal trade and illicit financial flows. The move is also aimed at boosting the liquidity of banks that are struggling to cope with Ethiopia’s cash-based economy....

Interview: Caitlin Long and David Kinitsky on crypto's big win with Kraken Financial bank charter

17.9.2020
Avanti CEO and Kraken Financial Managing Director discuss Wyoming's progressive steps in blockchain regulation

Kraken Cryptocurrency Exchange Gets US Banking License, Plans to Be Global Bank

17.9.2020
Cryptocurrency trading platform Kraken has received a banking license recognized under federal law to operate as a bank in the U.S. The company has outlined its plans to offer a number of cryptocurrency-focused financial services locally and globally. Kraken Now a US Bank Kraken announced Wednesday...

'Price of Tomorrow' author says Bitcoin is a ‘lifeboat’ amid financial turmoil

17.9.2020
Escalating debt and inflation could result in years of stormy weather for global economies

Report: Market Valuation of 14 Banking Giants Shed $635 Billion This Year

16.9.2020
The world’s largest banks lost a considerable amount of market valuation amid the Covid-19 pandemic, according to a new report that estimates financial incumbents lost $635 billion. Between December 2019 and August 2020, the market caps of 14 major banking institutions lost upwards of 30-50%...

Reshaping the Financial Sector of the Middle East With Finnovex Middle East 2020

15.9.2020
09/08/2020, Dubai: Advanced technology and innovation have forever disrupted business operations of the past. With changing trends and customer expectation, product offerings, service, and business operations has been the center of the continuous cycle of adopting and adapting to the latest...

Macroeconomic Trends Boost Bitcoin and Gold, US Dollar Index Shows Bearish Double-Top

15.9.2020
According to a number of reports and commentary from financial analysts, the world is “drowning in U.S. dollars” after the Federal Reserve decided to pump billions of dollars into the hands of 14 central banks via liquidity swaps. Moreover, recent technical analysis shows...

The Crypto Firms Collaborating on a Swiss Franc Stablecoin

14.9.2020
“Coopetition” is an ungainly term at the best of times. But it appears that’s what’s happening among Swiss stablecoin issuers

How Game Theory Helped a Swiss Entrepreneur Overcome the Financial Crisis: A Success Story

14.9.2020
Disclaimer: The text below is a press release that was not written by Cryptonews.com. Benjamin Franklin, an American politician, inventor and writer, said: "If you know how to spend less than you get, then you have the Philosopher's Stone. The hero of today's rubric does not have...

Cashless Payment Is Booming. So Is Financial Surveillance

13.9.2020
A banknote has been sitting in my wallet for six months now. As time ticks on, it burns an ever greater hole in my pocket. At first I felt uneasy spending it, following COVID-19 warnings to pay more attention to hand hygiene and the surfaces we all touch on a daily basis. Now I have less and less...

Huge ‘Bitcoin Tram’ Ad Campaign and 20 Billboards Flood Hong Kong’s Financial District

12.9.2020
A massive Bitcoin ad campaign has launched in the heart of Hong Kong’s financial district, featuring three Bitcoin trams and 20 matching billboards. It is a community initiative coordinated by the Bitcoin Association of Hong Kong, an organization with more than 5,000 members. The Bitcoin Tram...

Wave Financial Wins First Round of Investment for Whiskey Fund Ahead of Tokenization

11.9.2020
Investment management firm Wave Financial has purchased 1,000 barrels of Kentucky whiskey it plans to tokenize for prospective investors

Bank of France: stablecoins could impact EU financial sovereignty ‘for decades’

11.9.2020
Banque de France Governor François Villeroy de Galhau wanted about the threat of "Big Tech" stablecoins

SWIFT Says Criminals Prefer Cash for Money Laundering, Not Cryptocurrency

10.9.2020
A new report by the Society for Worldwide Interbank Financial Telecommunication (SWIFT) says cryptocurrency is seldom used for money laundering activities compared to fiat or other traditional methods. Despite the perception that crypto assets are a preferred haven for illegally acquired funds...

UK Digital Bank Ziglu Launches P2P Payments for Bitcoin and Bitcoin Cash

7.9.2020
London-based challenger bank Ziglu said Monday that it has been licensed as an Electronic Money Institution (EMI) by the U.K.’s Financial Conduct Authority. After receiving the permit, the fintech start-up immediately launched peer-to-peer (P2P) payments for both crypto and fiat currencies....