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‘Be Your Own Bank’ and the ‘Luxury of Apathy’
7.6.2020
The powerful idea and meme at the core of Bitcoin self-sovereignty is incredibly empowering but has an unspoken element that requires persistent competence and at least for some makes it more trouble than it's worth
Armoney Recommends Only the Following Cryptocurrencies in India
6.6.2020
So, what is cryptocurrency? It’s an internet medium to exchange funds between individuals or corporations to conduct financial transactions. An individual becomes a bank and has control over his own money. Post-COVID will be the beginning of an online transaction era, without the need to...
Former Chinese Central Bank Exec Praises "Commercial Success" of Bitcoin
6.6.2020
Wu Xiaoling highlighted the benefits of the Bitcoin network and highlighted some of the weaknesses it faces nowadays
Digital Currencies Could Replace Low-Interest Bank Accounts, Says UN Expert
5.6.2020
Low-interest rates have removed one of the few remaining incentives for holding a bank account, meaning digital currency could be a better alternative, argues a UN expert
Central Bank Digital Currencies Endanger Private Banks, Says Federal Reserve
5.6.2020
Central bank digital currencies endanger private banks, warned the Federal Reserve Bank of Philadelphia
Ex-Chinese Central Bank Executive Talks of Bitcoin’s ‘Commercial Success’
5.6.2020
The former vice president of People’s Bank of China (PBoC) has spoken out about Bitcoin (BTC), calling it the most successful commercial application of blockchain technology yet – but claiming it also has crucial weaknesses.
Per Sina, Wu Xiaoling, who served as the vice president of the PBoC...
Fed Paper: Central Bank Digital Currencies Could Replace Commercial Banks – But at a Cost
5.6.2020
The research explores how "central banking for all" via digital currency could affect commercial banks
US Bank Regulator OCC Asks for Public Input on Cryptocurrency Use in Financial Sector
4.6.2020
A federal banking regulator is seeking public input on how cryptocurrencies interact with the national banking system and financial institutions
Bitcoin Is a Paradigm Shift Beyond Wall Street
4.6.2020
A former Goldman Sachs vice president of investment banking: “We should be glad that traditional Wall Street hasn’t come around to embrace crypto yet.”
‘Stack Sats’ Bitcoin Figure Tells Europe as ECB Prepares $1.5T Bailout
4.6.2020
As the European Central Bank doubles its emergency asset purchase program, Bitcoin seems an ever stronger fiat opt-out
Crypto-Friendly Arival Bank Is Launching Today for Those Willing to Disclose Their Bags
4.6.2020
After two years of laying groundwork, crypto-friendly Arival Bank is launching in beta Thursday. But there’s a catch: clients must disclose all wallets
Ripple and Brazil’s Central Bank Hold Closed Meeting to Discuss ‘Institutional Matters’
3.6.2020
Ripple continues to expand its presence in Brazil, holding a meeting with officials at the country’s central bank
Iranian Lawmaker Says Bitcoin Should Be Central Bank’s Turf
2.6.2020
An Iranian lawmaker wants his country’s central bank to take bitcoin seriously
CBDCs With a Twist: The Public-Private Solutions Needed for Adoption
2.6.2020
Crypto pundits believe that central bank digital currencies based on public-private partnerships could see the light of day much sooner, as many solutions under development use the approach
2 Swiss Banks Launch Cryptocurrency Trading and Custody After Gaining Regulatory Approval
2.6.2020
Switzerland’s financial regulator, FINMA, has approved two Zurich-based banks to offer a range of cryptocurrency services, including trading and custody. Maerki Baumann Bank subsequently announced the launch of its trading platform for major cryptocurrencies while Incore Bank is offering...
US Turmoil and Negative Interest Rates – Billionaire Michael Novogratz Says ‘Watch Gold and Bitcoin’
2.6.2020
For the first time since October 2019, Federal Reserve Chair Jerome Powell admitted to leveraging quantitative easing (QE) tactics. Powell explained on Friday, the central bank is now comfortable with leveraging QE on a regular basis. Furthermore, the Fed is planning on utilizing negative interest...
Swiss Bank Maerki Baumann Launches Crypto Custody and Trading
1.6.2020
Swiss private bank Maerki Baumann deepens crypto push by adding crypto custody and trading services
Private Swiss Bank Rolls Out New Premium Crypto Trading Service
1.6.2020
Private Swiss bank Maerki Baumann is offering a new trading and custody service for a handful of cryptos
Chase Bank to Refund 95% of $2.5M It Allegedly Overcharged Crypto Buyers
1.6.2020
The JPMorgan subsidiary has agreed to repay most of $2.5 million it took in credit card fees for cryptocurrency purchases
UK Government Seizes $185 Million From Dormant Bank Accounts for Crisis Relief
1.6.2020
The UK government is seizing funds in dormant bank accounts worth approximately $185 million to fund its coronavirus relief efforts. So far, 30 banks have been voluntarily transferring money from dormant accounts to the government, including HSBC, Barclays, Clydesdale, Credit Agricole, Danske...