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Nalezeno "KB Bank": 7636

As Deutsche Bank Axes 18,000 Jobs, Bitcoin Offers a Powerful ‘Plan ฿’

8.7.2019
Deutsche Bank taking an axe to 18,000 jobs and winding down its investment banking arm paints a bleak picture of traditional finance at a time of booming growth for crypto

European Central Bank Exec Calls for Fast Regulatory Action Regarding Libra

7.7.2019
Financial regulators must act fast to prepare for Facebook’s Libra stablecoin, according to European Central Bank executive board member Benoit Coeure

Japan’s Central Bank Rules Out Issuing Cryptocurrency, Say Would Mean Dropping Cash

6.7.2019
Japan’s central bank, Bank of Japan has put the question of launching cryptocurrencies to rest. A bank official stated on Friday that issuing a central bank cryptocurrency would require the county to end cash totally, which at this stage isn’t feasible. Deputy Governor of the Bank...

‘Don’t Worry We Can Just Print More Money’ – Swedish Central Bank Ponders -1.5% Interest Rate

6.7.2019
At a press conference on Wednesday, the head of the Swedish Central Bank admitted that interest rates could potentially go as low as -1.5%, and quipped that Swedes likely wouldn’t even protest. Other countries implementing negative interest rate policies are producing lukewarm results that...

Three Bank Failures Open New Chapter in Never-Ending Financial Crisis

5.7.2019
The collapse of three banks on three different continents indicates a new global crisis is brewing. But it may also show that the last one never really ended and the tools used to manage the global economy simply don’t work. Also read: Side Effects of Economic Growth: Is Snowden Right to...

Venezuela’s Maduro Orders Top Bank to Make Petro Available to Public

5.7.2019
President Maduro has ordered the Bank of Venezuela to open public counters for his controversial cryptocurrency, the petro

Bank of Japan: Adopting Central Bank Crypto Would Mean Dropping Cash

5.7.2019
A Bank of Japan official has ruled out the launch of a central bank digital currency because to do so would require the country to abandon cash

Venezuela Government Orders The National Bank To Accept Petro

5.7.2019
Nicolas Maduro, the Venezuelan president, has ordered the principal financial organization, Banco de Venezuela, to receive Petro (PTR), the virtual currency of the country. The news surfaced on 4th July on Tweeter. This is an aggressive step taken by the Maduro government to promote Cryptocurrency...

Bank of Japan: Cash Prevents Digital Currencies With Negative Interest

5.7.2019
Bank of Japan says digital currencies can’t be issued by banks hoping to push through a negative interest rate agenda

President Maduro Orders The Bank of Venezuela to Accept Petro Crypto

4.7.2019
Because of an order emitted by Venezuela’s President Nicolas Maduro, the country’s leading bank Banco de Venezuela will accept the Petro

Latin America’s Biggest Investment Bank to Sell $1 Billion in STOs Using Tezos

4.7.2019
Latin America’s largest investment bank, BTG Pactual, plans to co-sell over $1 billion worth of STOs based on the Tezos blockchain

Brazilian Bank Plans to Use Tezos Blockchain for STOs Worth $1 Billion

4.7.2019
BTG Pactual, Brazil's fifth largest bank, plans to utilize the Tezos blockchain for security token offerings potentially worth $1 billion

South Korea’s Shinhan Bank Is Cracking Down Harder on Anonymous Crypto Users

4.7.2019
New rules make it even harder to create anonymous crypto exchanges in South Korea

Tezos Surged on Investment Bank Partnership News

4.7.2019
Source: iStock/Cecilie_Arcurs XTZ, the native token of the Tezos blockchain, jumped by 7% in the past 24 hours after the Tezos Foundation announced that it secured partnerships with two large players in the traditional finance space for use of the blockchain for security token offerings (STOs). At...

Bitcoin Vs. Ripple: What Would You Bank Upon? Bitcoin’s Bigger Yields or Ripple’s Promising Future?

4.7.2019
Bitcoin and Ripple faced four huge price variations each in the last 5 days. Both the coins have bullish medium-term outlook. The volatility in the price of Bitcoin has pushed the attention of investors towards many other alternative coins. Bitcoin has moved from 8000 USD to 13,000 USD and fell...

Nordic Banking Behemoth Nordea Invests 5 Million Euros In Swedish Neobank P. F. C.

4.7.2019
Throughout the course of the history of the financial system, the latest innovations have managed to improve the entire system in a way that had not been envisaged and in that regard, Fintech is perhaps the latest example. Over the past five years, the Fintech industry has grown into...

Deutsche Bank’s Restructuring Costs Could Set It Back By $5.7 Billion

4.7.2019
Deutsche Bank used to be one of the biggest banks in the world, and after a while, it decided to enter the world of high finance by expanding aggressively into new markets in the United States, United Kingdom, and Asia. It seemed like a sound strategy for Germany’s biggest bank, but then the 2008...