Bank of International Settlements General Manager Now Says CBDCs Could Open New Opportunity

2019-12-8 23:25

Agustin Carstens, the General Manager of Bank of International Settlement (BIS) who earlier believed Central Bank issued Digital currencies (CBDCs) were no good, has changed his stance. In his recent speech titled “The future of money and the payment system: what role for central banks?” Carstens seemed to emphasize that CBDC's could open the gates […]

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Deutsche Bank: crypto could replace fiat and “soar” by 2030

Deutsche Bank (DB) believes cryptocurrencies could replace fiat by 2030 as the “forces that hold the fiat money system together” begin to unravel. The bombshell was dropped in a report Thursday by the 149-year-old bank, which is Germany’s largest, and comes a week after news broke that Germany will likely allow financial institutions to deal […] The post Deutsche Bank: crypto could replace fiat and “soar” by 2030 appeared first on CryptoSlate.

2019-12-6 11:00


New Research by Deutsche Bank Analyst Projects Bullish Future for Crypto Industry

Jim Reid, an analyst for Deutsche Bank, recently published a research paper titled “Imagine 2030,” examining the cryptocurrency industry for the next decade. The paper has a more bullish perspective for cryptocurrency’s future, as Reid expresses that the asset class could see major success in the 2020's as fiat money becomes more inflated and less […]

2019-12-6 00:10


China could soon open the doors to security token offerings (STOs)

A representative of the Bank of China affirmed that the country is preparing to allow security token offerings (STOs) within a strict regulatory framework. China to allow security token offerings (STOs) During the Financial Finance Technology Summit in Beijing, Weimin Guo, chief scientist of the Bank of China, expressed his views about the current state […] The post China could soon open the doors to security token offerings (STOs) appeared first on CryptoSlate.

2019-12-1 19:11


60% Of German Banks’ Charge Negative Interest Rates, ECB Says It Could Give Rise To ‘Bigger Risks’

Nearly 60% of German banks are charging negative interest rates from corporate clients on deposits while 23% are doing the same for retail customers, revealed a survey by the German central bank. Two weeks after the European Central Bank cut interest rates deeper into negative territory, from minus 0.4% to minus 0.5% in mid-September, the […]

2019-11-21 23:58


Ex-ECB Chief is “Strongly Against Bitcoin,” Says Cryptocurrencies are “Not Real”

Jean-Claude Trichet, the former president of the European Central Bank is not a fan of cryptocurrencies and is doubtful that they could ever become the future of money. “I am strongly against bitcoin, and I think we are a little complacent,” said Trichet during a panel discussion at Caixin’s 10th annual conference in Beijing on […]

2019-11-11 04:58


Bank of Canada Survey: Canadians’ Bitcoin Ownership Rising Upwards, Notably Among Females & Older People

The central bank of Canada has revealed the findings of its Bitcoin Omnibus Survey that monitors the trends in the awareness, ownership, and use of Bitcoin and other crypto-assets among Canadians. The main interest of the Bank of Canada in this survey is in monitoring Bitcoin adoption “to understand how its usage by Canadians could […]

2019-11-7 19:56


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Bank of Canada Warms To National Cryptocurrency, Will it Compete Against Bitcoin?

Leaks within the Bank of Canada show officials are considering the development of a national cryptocurrency. As such, with interest in central bank digital currencies (CBDCs) on the rise, could it threaten bitcoin? National Cryptocurrency Mike Eppel, Senior Business Editor at 680 News, has revealed that Canada’s central bank is considering the development of a.

2019-10-18 11:16


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The Wharton School to Accept Bitcoin, Ether, and USDC for its “Economics of Blockchain and Digital Assets” Program

The Wharton School at the University of Pennsylvania plans to accept cryptocurrency as tuition for its online blockchain and digital asset program, as per the announcement made this week. One of the nation’s premier business schools, the Wharton School, is launching a new online program called the “Economics of Blockchain and Digital Assets” early next […] The post The Wharton School to Accept Bitcoin, Ether, and USDC for its “Economics of Blockchain and Digital Assets” Program first appeared on BitcoinExchangeGuide.