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Italian Bank to Offer Bitcoin Trading Services to 1.2m Customers
20.3.2020
Hype mobile banking platform by Banca Sella. Could the coronavirus outbreak be the jolt that drives the traditional banking sector and the cryptocurrency sector together?
In Italy, there are suggestions that this is already the case, with Banca Sella preparing to launch bitcoin trading services...
80% of Australians Know About Crypto but Only 1% Use It: Central Bank Study
20.3.2020
Fewert than 1 percent of surveyed Australians paid for consumer goods with cryptocurrency in 2019, according to a new study by the Reserve Bank of Australia
Key Government Figure Says Japan Needs a Digital Yen — and Fast
20.3.2020
According to a key figure in the Japanese Government, the Asian nation should quickly launch its own digital currency
Italian Bank Opens Bitcoin Trading to 1.2 Million During Lockdown
20.3.2020
Growing crypto adoption and the COVID-19 outbreak encouraged Italy’s Banco Sella to launch a Bitcoin trading service
Scramble for Dollars: Emergency Cash Injections in $250 Trillion Global Debt Place the Fiat Ponzi On Ventilator
19.3.2020
The last few weeks of global hysteria has shown there’s been a mad dash for dollars and various fiat currencies. Moreover, central banks have tried to quell cash liquidity issues by injecting trillions into the hands of private banks and hedge funds worldwide. As the financial system shudders...
Maduro Orders Venezuelan Bank Closures Amid Coronavirus Scare
19.3.2020
In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil. Maduro...
Payments Unicorn Square Gets Limited Bank Charter for Merchant Lending
18.3.2020
Square Financial Services was given conditional approval by the FDIC Board for an Industrial Loan Company bank charter on Wednesday
BitMEX Report: Issuance of CBDCs May Lead to Inflation
18.3.2020
BitMEX Research suggests that the issuance of the CBDC will lead to inflation as the last lever on the banks’ ability to create money will be lifted
China Everbright Bank Uses Ant Financial’s DLT for Supply Chain Finance
18.3.2020
China’s major commercial bank, China Everbright Bank, has deployed a blockchain-based supply chain finance solution by Ant Financial
US Cash Crisis: Withdrawal Limits Spark Bank Run Fear
18.3.2020
The entire world has been focused on the economy as the coronavirus outbreak has devastated global markets. While stocks, commodities, and barrels of oil plunge in value, there’s been considerable demand for cold hard cash in certain countries. According to reports, Wall Street’s elite...
Eastern Caribbean Central Bank’s CBDC Could Beat China to the Punch in 2020
18.3.2020
The Eastern Caribbean Central Bank will start issuing its blockchain-powered CBDC later this year, but will it beat China and others to the punch?
Could the Russian Central Bank Try to Ban Bitcoin Mining?
18.3.2020
Cryptocurrency enthusiasts and business insiders have reacted with alarm to a recent interview given by the head of the central Bank of Russia’s legal department hinting that cryptocurrencies could be outlawed in the country – leading to a possible block on Bitcoin (BTC) and altcoins mining.
Recent...
Caitlin Long’s Wyoming Crypto Bank Announces C-Suite, Including Bitcoin Core Dev
18.3.2020
On Tuesday, Avanti Financial Group announced five new executive hires, including bitcoin core developer Bryan Bishop and Figure Technology’s Zev Shimko
Redefining ‘Safe Haven’: Predicting the 2020 Future by Learning From the 2012 Past
17.3.2020
What similarities exist in the market between 2012 and 2020, and how will the past help us to be ready for the future?
Sweden’s Central Bank Wants to Host Innovation Hub for Digital Currencies
17.3.2020
Sweden is seeking to amend current laws in a bid to host the Bank for International Settlements innovation hub for digital currencies
Swedish Central Bank Bids to Host BIS Hub for Digital Currency Research
17.3.2020
Sweden’s Riksbank says its digital currency researchers are the best in central banking
Changing the Universal Gravitation in the Financial Industry
17.3.2020
The future of the financial system lies in the DLT-based solutions that provide more trust and transparency
Bitcoin Reacts to Fed’s 0% Rate Drop, Reserve Requirements Removed, $700B in Stimulus
16.3.2020
On Sunday, the U.S. Federal Reserve slashed the benchmark short-term rate by 100 basis points bringing it to zero. In addition to the rate cut, the Fed promised $700 billion in bond purchases and eliminated all reserve requirements for smaller financial institutions. However, the Fed’s rate...
Coinbase Chief Legal Officer Leaves to Take Senior Role at US Bank Regulator
16.3.2020
Coinbase chief legal officer Brian Brooks will be the new COO and first deputy at Office of the Comptroller of the Currency, which oversees banking regulation in the U.S
Bank of Russia Says New Digital Assets Bill Will Outlaw Crypto Trading, Issuance
16.3.2020
The central bank is in favor of digital securities, but maintains cryptocurrencies shouldn't be allowed in Russia