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Nalezeno "C6 Bank": 7796

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

22.2.2020
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...

Sweden’s Central Bank Finally Embraces DLT – But Only in Simulation Mode

21.2.2020
Riksbank's e-krona pilot will run on distributed ledger tech, but the entire project will be operated as only a simulation through at least 2021

New Settlement Layer to Offer Asian Crypto Institutions Local Alternative to Silvergate Bank

21.2.2020
The new settlement layer is intended save Asian institutional traders from taking the "scenic route" via U.S. banking regulations

In Response to Bitcoin, Central Bank of Brazil Presents Instant Payment System Pix

21.2.2020
Banco Central do Brasil has started testing a new payment network with the promise to offer Brazilians near instant transactions and many new services. Portrayed as a response to Bitcoin, the Pix system will be mandatory for major financial institutions to ensure wide coverage. The project aims...

Sweden Is Testing Its New Central Bank Digital Currency

20.2.2020
Get ready for the e-krona!

Brazilian Central Bank Promises Instant Payment Platform to Compete With Crypto

20.2.2020
Brazil’s central bank president stated that its new payment platform is intended to compete with blockchain-based payment technologies

Brazil’s Central Bank to Launch Near-Instant Payments as a Response to Cryptocurrencies

20.2.2020
The PIX payments system is coming to Brazil next winter, promising almost instant transfers for individuals and businesses

South Korea’s Central Bank Is Building a New Blockchain System for the Bond Market

20.2.2020
The Bank of Korea is reportedly looking to build a blockchain system for the Korean bond market

Israeli Banks Should Not Deny Services to Crypto Firms: Attorney General

20.2.2020
Israeli banks should not deny services to firms involved with crypto, attorney general Avichai Mandelblit said

Swiss Savers View Cryptocurrencies as Option, Now That Bank Accounts Don’t Save Them From Inflation

20.2.2020
Cryptocurrencies are gradually becoming a viable alternative for savers in Switzerland, according to a new poll. The Alpine nation’s crypto-friendly business climate and increasing regulatory clarity makes them a relatively easy addition to investors’ portfolios. Many Swiss people...

Former Ripple Business VP Takes Role at Major Bank Standard Chartered

19.2.2020
Kahina Van Dyke, a former executive at Ripple and Facebook, has taken on a major role in managing the institutional clients of major bank Standard Chartered

New Leaders at Bank for International Settlements Fintech and DLT Research Centers

19.2.2020
New leadership named at Bank for International Settlement research centers focused on digital currencies and DLT

Bank of Korea Seeks to Deploy Blockchain in Bond Market: Report

18.2.2020
South Korea’s central bank is working on a project to distribute bond records on the blockchain, a report says

Regulatory Roundup: Trump’s Cryptocurrency Proposals, IRS Changes Rule, China Quarantines Cash

18.2.2020
In this roundup, we cover numerous cryptocurrency regulatory developments in the U.S., including President Trump’s crypto proposals, testimonies by the Federal Reserve chairman and the Treasury secretary, a crypto-friendly SEC proposal, and the IRS changing a crypto tax rule. We also cover...

Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates

18.2.2020
The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank. With the budget...

Max Keiser Predicts $400,000 BTC on Alex Jones Show, Jones Compares Bitcoin to ‘Power of Fire’ From the Gods

18.2.2020
The moment many conspiracy-minded bitcoin enthusiasts have been waiting for arrived yesterday when Info Wars muckraker Alex Jones compared bitcoin to a “power of fire” gifted from the gods to humankind. The bold commentary took place in the context of a Max Keiser interview, in which...