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French Central Bank Official Wants to Improve Financial System With Blockchain
25.11.2019
The first deputy governor of Banque de France, Denis Beau, has urged the finance industry to experiment with blockchain
Bank of Korea (Bok) to Adopt “wait-and-see” Approach for Facebook’s Libra
25.11.2019
Where on the one hand, Facebook, the social media giant is fast pacing towards the launch of its stablecoin project Libra, central banks and regulatory authorities from around the world, on the contrary, are showing some serious concerns over the highly-controversial cryptocurrency project....
Survey: 58% of German Banks Charge Negative Interest Rates
24.11.2019
Germany’s central bank, the Deutsche Bundesbank, has conducted a survey of banks charging negative interest rates on customer deposits. Some are charging retail customers as well as corporate clients. An independent price comparison portal shows which banks are currently charging for deposits...
A Few Benefits for Bitcoin Beginners to Appreciate
24.11.2019
If you are considering entering the crypto universe or if you’ve only recently made your first investment, you might still be exploring the benefits of bitcoin as opposed to your credit card, online bank account or digital wallet you are used to. In an abstract sense, cryptocurrencies...
Chinese Central Bank Plans to Nip Young Crypto Businesses ‘In the Bud’
22.11.2019
China's central bank has formally issued a new plan to crack down on crypto businesses
Morocco Plans to Expand Access to Financial Services With Fintech
22.11.2019
Morocco aims to expand access to financial services through the integration of blockchain in the country’s finance sector
Bitcoin Drops to $7,000 as China Vows to ‘Dispose of’ Exchanges
22.11.2019
China seeks to reinforce the crypto trading ban
Silvergate Bank CEO Bets on Higher Crypto Price Volatility After $40M IPO
21.11.2019
“Now that we're public, we have more efficient access to capital to support our growth,” Silvergate Bank CEO Alan Lane said in an interview
German Bank Boosts Bitcoin — Negative Interest Rates Hit Every Account
21.11.2019
“We had to” — German bank charges everyone 0.5% negative interest
China Central Bank to Set Standards for 17 Fintech Categories, Including Blockchain
21.11.2019
The People’s Bank of China (PBoC) has an agenda to set industry standards across the financial sector, including blockchain, a senior official from the bank said on Wednesday. Speaking at a meeting of the National Technical Committee, PBoC vice president Yifei Fan said the bank aims to better...
In Wargaming Exercise, a Digital Yuan Neuters US Sanctions and North Korea Buys Nukes
20.11.2019
What if China’s digital currency undermined U.S. dominance of global finance? Former top Washington officials gamed out the scenarios Tuesday night
US Federal Reserve Exploring Digital Dollar and Its Effect on Monetary System
20.11.2019
The U.S. Federal Reserve System is evaluating the development of a digital dollar and what issues and risks it could potentially pose
South Africa: Bank Drops Bitcoin Exchanges Citing ‘Regulatory Clarity’
20.11.2019
ZA Bitcoin exchanges unfazed as bank moves to end support
Restrictions Worldwide Show Why It’s Vital to Be Your Own Bank
20.11.2019
As capital controls and banking restrictions continue to affect various populations worldwide, standing in the way of individuals and their hard-earned savings, some are looking to safer options and even cryptocurrencies. Lebanon, Zimbabwe, and India are just a few of the countries to deal with...
Canada’s Largest Bank Refutes Rumors About It Launching Crypto Exchange
19.11.2019
The Royal Bank of Canada has denied rumors about it launching a digital currency trading platform
Deutsche Boerse, Swisscom Settle Securities with Corda and Hyperledger
19.11.2019
Deutsche Boerse and Swisscom successfully exchange securities tokens against cash tokens using Corda and Hyperledger
Indian Supreme Court Wraps up Crypto Hearing for the Year
19.11.2019
The Supreme Court of India called on for hearing on Monday the writ petitions challenging the banking restriction by the Reserve Bank of India (RBI). After hearing from the RBI’s counsel, the court wrapped up the case for the year. Its decision follows Lok Sabha, the lower house of the Indian...
No, Royal Bank of Canada Isn’t Opening a Crypto Exchange
18.11.2019
Contrary to recent media reports, Canada’s largest bank is not opening a crypto exchange
Cryptoworld Votes BTC after Bank of America Axes Ex PayPal CFO Account
18.11.2019
Source: iStock/E_Y_E
Always hungry for more proofs that Bitcoin (BTC) is better than traditional, centralized banking, the Cryptoverse just found more examples in the U.S. and Lebanon.
First, the U.S.-headquartered banking giant Bank of America (BoA) froze the accounts of ex PayPal Chief...
Bank of America Shuts Account of Former PayPal CFO, Without Any Explanation
18.11.2019
In a quite shocking event, Bank of America, one of the leading commercial banks in the world, closed an account of former PayPal CFO and Sequoia Capital partner Roelof Botha, and that too, without giving any explanation. While this comes as a surprise to many, there have been similar instances...