Search
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...
Just a Test: China Central Bank Confirms Digital Yuan Mobile App Trials
20.4.2020
China’s central bank confirmed it will be testing a mobile app for the digital yuan in four cities, with a fifth in the works, and emphasized it’s a test
Cryptocurrency Markets Moved by Regulatory Actions, Federal Reserve Bank Paper Shows
20.4.2020
The Federal Reserve Bank of Dallas has published a paper showing how cryptocurrency markets are affected by crypto regulatory actions. The research also determines whether the authorities have some scope to make cryptocurrency regulation effective. Influencing Cryptocurrency Markets and Prices Last...
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....
Chinese Central Bank Makes it Official: Digital Fiat Tests to Begin
20.4.2020
The Chinese central bank, the People’s Bank of China (PBoC), has officially confirmed a number of digital currency testing reports – and has indicated that testing will soon begin in the country’s capital, Beijing.
The PBoC has also rushed to insist that a digital yuan rollout will not spark...
Jak splácet úvěry v době koronaviru: Využijte pomoc od bank a dejte pozor na podvodníky s rychlopůjčkami
20.4.2020
Jak splácet úvěry v době koronaviru: Využijte pomoc od bank a dejte pozor na podvodníky s rychlopůjčkami
Bank Of China Says Digital Yuan Will Not Cause Inflation
20.4.2020
Bank of China officially replies to the public about the digital Yuan and says it will not cause inflation
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...
South Africa Proposes 30 Rules to Regulate Cryptocurrency
19.4.2020
South Africa’s top financial regulators, including the South African Reserve Bank, have jointly released a policy paper with 30 recommendations for the regulation of cryptocurrency and related service providers. They aim to be in compliance with the cryptocurrency standards set by...
Corona Money Printing Worries – Housing Prices Slide Downwards First Time in 10 Years in Northern Europe
19.4.2020
Real estate price reports from March in northern countries like Denmark and Sweden now show negative developments for the first time in over 10 years. If furloughed workers continue into unemployment, the effects on the housing markets will be even more significant, says Claudia Wörmann...
Bankera Launches Bank Account Alternative Focused on Crypto Businesses
17.4.2020
Bankera, an ambitious project to build a neobank for the digital era, has started to offer payment accounts to individual and business clients as a low-cost, fast and convenient alternative to traditional bank accounts. Individual and business clients who sign up to the service can already enjoy...
Aussie Crypto Unicorn Raises $160M With ‘Big Four' Bank Backing
16.4.2020
Airwallex, an Australian cross-border payments firm that started life as a cafe, raised $160 million in a round led by ANZ bank
The Digital Yuan Is Being Tested for a Workers’ Subsidies Scheme in Suzhou
16.4.2020
Official media has confirmed that the digital yuan is being tested as part of a transport subsidies scheme for local workers
China’s Digital Yuan Reportedly to Test in Four Cities
15.4.2020
A testing app for China’s forthcoming central bank digital currency appears to be ready for download in four cities
Libra Stablecoin is Still a Major Threat to Bitcoin: Economist
15.4.2020
Will Facebook’s Libra stablecoin emerge as Bitcoin’s strongest competitor? Economist John Vaz believes so
Chinese DeFi Platform dForce Raises $1.5M From Multicoin, Huobi Capital
15.4.2020
One of China’s largest DeFi platforms has raised $1.5 million from Multicoin Capital, Huobi Capital and CMB International to expand its product lineup
Inside China’s Plan to Power Global Blockchain Adoption
14.4.2020
China is about to launch its national blockchain platform, part of Beijing’s grand strategy to lead the digital transformation of the world economy
Chinese State-Owned Bank Offers Test Interface for PBoC Central Bank Digital Currency
14.4.2020
The Agricultural Bank of China has rolled out an internal test interface for the nation's central bank digital currency, allowing whitelisted users to register and trialing certain functions
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
Filipino Pawnshops Bank on Crypto Remittances During Crisis
14.4.2020
Pawn shops in the Philippines are well placed to popularize cryptocurrencies as alternatives to cash