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Deutsche Bank Report Considers Libra Project as a Catalyst in Crypto Mass Adoption
12.12.2019
Having been subjected to global backlash and criticism, Facebook’s stablecoin Libra project has finally received a welcoming note from a renowned financial entity, the Deutsche Bank. Based in Frankfurt, the bank said in a statement that Libra can play a major role in giving a boost to the crypto...
Deutsche Bank Strategist Predicts Crypto Could Replace Fiat Money
8.12.2019
Deutsche Bank analysts have made some predictions regarding the future of cryptocurrency. Strategist Jim Reid explained why cryptocurrencies are inevitable and how the existing fiat money system could crumble over the next decade, leading to soaring demand for cryptocurrencies. Also read: Swiss...
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6.12.2019
CoinMarketCap Daily Newsletter Your daily newsletter for 6 December, 2019 “Happiness is a choice that requires effort at times.” - Aeschylus In today's newsletter, we will be covering: Deutsche Bank research saying crypto replacing fiat currencies by 2030 Microsoft announcing […]
The post...
Deutsche Bank: Fiat Money is Fragile, Crypto - Inevitable
6.12.2019
The forces that hold the fiat money system together look fragile and, over the next decade, some of these forces could begin to unravel and demand for alternative currencies, from gold to crypto, could take off, German banking giant Deutsche Bank said in its recent report Imagine 2030.
"While...
Deutsche Bank Research: Crypto to Replace Fiat Currencies by 2030
6.12.2019
Per Deutsche Bank’s recent research, people’s heightened demand for dematerialized means of payment and anonymity could drive more individuals to digital currencies
Banks Are Cutting 75,700 Jobs Worldwide
4.12.2019
Banks worldwide have announced major job cuts this year. Globally, 75,700 jobs are reportedly being eliminated, with the most recent announcement coming from Italy’s largest bank. Unicredit has become the latest major bank to unveil layoff plans, joining Deutsche Bank, Santander, Commerzbank...
How Blockchain Disrupts Global Business | Sibos 2019
5.11.2019
Cointelegraph travelled to London to learn why businesses are now experimenting with blockchain technology
Bitmain Quietly Files for Deutsche Bank-Backed IPO in the US: Report
30.10.2019
Bitcoin mining giant Bitmain has quietly filed an application for an IPO in the U.S. with alleged sponsorship from Deutsche Bank
Major German Coop Bank Passes Negative Interest Rates to Customers
9.10.2019
One of Germany’s largest cooperative banks has begun charging its retail customers a negative interest rate. Other major banks could follow suit since the European Central Bank cut the deposit rate to a record low. Deutsche Bank recently said that it needs to be “much more robust about...
Central Banks in Panic Mode – Extreme Tactics Like Helicopter Money Discussed
30.9.2019
Central banks worldwide continue to inject more stimulus into the economy as they predict the onset of a new financial crisis. In the face of a sluggish economy, monetary easing, negative interest rates, and ‘normalizing’ the balance sheet is the name of the game these days. Now central...
Massive Layoffs: Banks Cutting Nearly 60,000 Jobs Worldwide
30.9.2019
Banks are laying off workers across the globe as revenue declines throughout the sector. According to reports, banks have announced nearly 60,000 job cuts so far this year, with most of the layoffs happening in Europe, especially in Germany. Also read: Panic at 137 Bank Branches as RBI Limits...
Bankers Start to Recognize Bitcoin’s Role in Financial Evolution
29.9.2019
Digitization, disruption, blockchain, and frictionless payments. It’s amazing how prominent figures from the financial elite can provide a pretty detailed description of decentralized money without uttering “bitcoin” or “crypto.” But the fact of the matter is that...
Deutsche Bank Joins JPMorgan’s Crypto Payments Network
16.9.2019
JPMorgan's blockchain-based interbank payments initiative, IIN, has added Deutsche Bank as its latest member, bringing the total to 320 banks
JP Morgan’s Blockchain Network is Now Offering its Services to Germany’s Largest Bank
16.9.2019
Deutsche Bank, Germany’s largest bank has opted for a blockchain-based network by joining JP Morgan‘s Interbank Information Network (IIN). It is the biggest blockchain project in the financial service industry. Launched in 2017, this blockchain-based network is now seeing rapid growth in...
Germany’s Largest Bank Joins JPMorgan’s Blockchain Network
15.9.2019
Deutsche Bank joins JPMorgan’s blockchain-based platform IIN, expanding the network up to 320 members
U.S. Congressional Probe Identifies Possible Gaps in Deutsche Bank’s Money Laundering Controls
6.9.2019
A decade or so ago, German banking giant Deutsche Bank AG was counted among the biggest banks in the world, but the financial crisis of 2008 hit the bank hard. Since the financial crisis, the bank has struggled to put its business into top gear again, and now it is faced with a legal issue...
Big Banks Enabled Jeffrey Epstein’s Sex Trafficking Crimes
13.8.2019
Unlike the unfounded narrative that cryptocurrency enables crime, big banks are more than happy to serve unsavory clients if it is lucrative enough for them. The latest example of this is a report that Jeffrey Epstein was apparently using his bank accounts to fund sex trafficking and possibly other...
More Signs the Next Big Financial Crisis May Begin in Germany
3.8.2019
Germany, the locomotive of Europe’s huge economy, is entering a difficult period, various indicators suggest. And when the Federal Republic sneezes, the Old Continent usually catches cold. This time, Germany may infect the rest of the world as well. An economic and financial crisis there...
Deutsche Bank Collapse Could Crash Global Financial Markets
21.7.2019
German financial services giant Deutsche Bank AG is one of the largest and most important economic institutions in the world. Mainly due to self-imposed scandals, the bank is now having to taking drastic measures to stay afloat. Investors everywhere should note that if such a critical piece of...
Market Outlook: Gold and Crypto Reap the Benefits of Economic Fear
10.7.2019
Cryptocurrencies have recovered from losses incurred a week ago, with many digital assets up 50-80% since July 2. For instance, eight days ago bitcoin core (BTC) tumbled to $9,650 and then back to a high of $13,150 yesterday evening. However, during the afternoon trading sessions on Wednesday, most...