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Senior Bank of England Official Calls for Urgent Digital Fiat Action


Central banks in major economies continue to change their stance on digital currency issuance, with Sarah John, the Bank of England’s chief cashier, stating that it is “so crucial” that central banks act before tech giants establish dominance in the sector. Per British newspaper the Telegraph, John...

Check out These 7 Crypto-Friendly Alternatives to Your Local Bank


A scene from The Magnificent Seven, a classic Western movie (1960). Bitcoin (BTC) and altcoin advocates claim that the real beauty of cryptocurrencies is their ability to allow ordinary folk to do away with bank-centered finance. Perhaps that is why many banks have maintained a very conservative...

Major HSBC Layoffs: 35,000 Job Cuts and Massive Restructuring Announced


Banking giant HSBC has unveiled a major restructuring plan that includes 35,000 job cuts. The move came as the bank’s net profit plunged 53% last year. HSBC is also slashing $100 billion in assets and closing many branches. “This represents one of the deepest restructuring...

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