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Major Swedish Bank Orders Negative Interest Rate on Euro Deposits


Sub-zero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark have been in negative territory for a while and a growing number of banks in the region are now charging depositors for keeping their money. Saving in fiat right...

The World Bank’s Blockchain Bond Is Just a Fancy Way of Selling Debt


Last year the World Bank and the Commonwealth Bank of Australia announced a permissioned Ethereum-based blockchain to facilitate the end-to-end issuance of bonds between financial partners. The Bretton Woods-created financial institution hopes to make debt capital markets far more efficient with...

Indian Supreme Court Orders RBI to Answer Crypto Exchanges, New Date Set


After hearing the arguments against the banking restriction by the Reserve Bank of India (RBI) in detail, the Indian supreme court directed the central bank to reply to the representations filed by crypto exchanges. Since the RBI has not adequately answered them, the court set a new date to resume...

RBI Defends Its Power Over Crypto in Indian Supreme Court


The Indian supreme court heard the case against the crypto banking restriction by the Reserve Bank of India (RBI) in detail Tuesday. After many arguments challenging the RBI’s power over crypto were presented, the counsel for the central bank began making the case against cryptocurrency. Also...

Additional $34 Million Raises By World Bank’s Blockchain Bond


World Bank Blockchain bond has been making a mark in the industry for a long time. Moreover, it has managed to gain the confidence of the investors since the beginning. To no surprise, it has further raised $34 million in the industry. This money has been raised for the Kangaroo bond that is due...

Fiat Lite vs. Freedom Maximalist: The Two Types of Bitcoiner


As regulation continues growing exponentially for cryptocurrencies worldwide, a chasm is yawning ever deeper between supporters. On the one hand, many yearn for massive adoption and clear regulations so they can get on with their trading, and get on with their lives – not to mention...

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