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Goldman in Talks to Buy European Budget Hotel Chain for 1.9 Billion Euros
20.5.2019
Over the course of the last few decades, Goldman Sachs has firmly established itself as the byword for shrewd investing and remains the gold standard in high finance at a global level. The bank is involved in creating highly sophisticated securities for its clients and remains the world’s most...
CEO of Ripple Equated xCurrent as an Upgrade to SWIFT
20.5.2019
In the recent Swiss National Bank Conference, many of the major players from the banks and financial institutions participated. The theme of the event was around the creation of CBDC’s and their impact on the global economy, and lastly the use of USD as the prominent currency on the global level....
Gujarat Bitcoin Trader Commits Suicide, Blames Senior Cop And Brother In Suicide Note
20.5.2019
India is an emerging nation, which is known to wholeheartedly welcome innovative technology, but that hasn’t been the case with cryptocurrencies. The crypto industry has faced severe blows from regulatory authorities, resulting in unorganized crypto trade in the country. However, the news that came...
Dutch Bank ABN AMRO Abandons Wallie Custodial Bitcoin Wallet Citing Risk Concerns
20.5.2019
Plans to launch a custodial bitcoin wallet dubbed “Wallie” has been abandoned by Dutch bank ABN AMRO because of risk concerns
Cryptocurrencies Pose No Threat to Financial Stability: EU Central Bank
20.5.2019
The European Central Bank has said that cryptocurrencies are currently not a threat to financial stability in the euro zone
My Bank Account Was Frozen for Bitcoin – And It Only Made Me Love Crypto More
19.5.2019
The guy who coined the term "hodl" has a real bitcoin story that only made his interest in the technology stronger
After Trillions Printed Under QE, Politicians Now Say Deficits Don’t Matter
19.5.2019
When quantitative easing (QE) was introduced, it was likened to a drug, with central banks making an emergency injection of money to resuscitate the global economy. Now it seems that some politicians have gotten addicted to this drug, going as far as to claim that government deficits don’t...
European Central Bank: Crypto Does Not Have Tangible Impact on Real Economy
17.5.2019
In a recent report, the European Central bank claimed that crypto has no tangible impact on economic developments and monetary policy
European Union Fines 5 Top Banks 1 Billion Euros for Foreign Exchange Market Rigging
17.5.2019
Over the course of their history, some of the biggest banks in the world have often colluded to rig the different markets in which they operate, and much of that has come out in the open over the past decade or so. The fixing of LIBOR was a case in point, and in a new …
The post European...
Australia Faces The Threat Of Unemployment
16.5.2019
The graph of the unemployment rate in Australia has taken a step higher, which has affected the labor market adversely. This mounting unemployment has boosted the chances of an interest-rate cut. As per the statistics bureau reports, the unemployment rate, which stayed at 5.1% in March,...
Reserve Bank of India Urged to Reconsider Banning Crypto From Regulatory Sandbox
16.5.2019
Lobbying groups are urging the Reserve Bank of India to allow crypto-related products to be tested in its regulatory sandbox
World Bank Leads Secondary Market Phase of Bond-I Blockchain Bond
16.5.2019
The World Bank and Commonwealth Bank have successfully enabled secondary market trading of a blockchain bond
World Bank, CommBank Team Up for ‘World First’ Blockchain Bond Transaction
16.5.2019
The World Bank says its new debt instrument "bond-i" is the first bond to have both issuance and trading recorded on a blockchain
Fintech Firms and Nasscom Want Crypto in Reserve Bank of India’s Regulatory Sandbox
16.5.2019
Cryptocurrencies are still not legal in India, but Fintech Firms and tech body Nasscom want the central bank of the country to include them in its regulatory sandbox. Over the past half a decade, cryptocurrencies have become one of the most popular investments for millions of people all over...
How to Transfer Bitcoin (BTC) to Your Bank Account?
16.5.2019
What if you own a Bitcoin and you want to turn it into cash? The below article explains how you can transfer your Bitcoin to cash. On a presumption, we will be able to use Bitcoin for nearly buying anything. Bitcoin will be replaced for fiat currencies, like USD, which will not be necessary...
Bank of America CTO Catherine Bessant: We Haven’t Found a Blockchain Use Case in Finance
15.5.2019
Bank of America has yet to find blockchain use cases for the financial services sector, according to the bank’s CTO, Catherine Bessant
Crypto Prime Dealer SFOX Partners With New York Bank to Offer New FDIC Protection
15.5.2019
SFOX crypto traders will now have access to insurance through the U.S. government’s Federal Deposit Insurance Corporation (FDIC) worth up to $250,000
Jet Airways Sinks Further Into the Abyss as Top Executives Start Quitting
15.5.2019
Even until last year, India’s Jet Airways was the country’s biggest privately owned airline with the biggest market share, and there was no doubt that the airline was going to continue on its growth path as the airline industry expanded in the country. However, the company’s massive debt burden...
Bank of France is Closely Watching Stablecoin Developments, Says Governor
14.5.2019
Bank of France Governor Francois Villeroy de Galhau has reported that the bank is interested in stablecoins
Major Brazilian Bank Brodesco Joins R3 Corda-Powered Global Trade Finance Network
14.5.2019
Prominent Brazlian bank Banco Bradesco has become the latest institution to join R3’s Marco Polo international blockchain network for trade finance