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An Entire Country Switched to Bitcoin and Now Its Economy Is Floundering

Months after El Salvador announced that it would accept bitcoin as legal tender, the country has found itself on the verge of economic collapse yet again.  The country’s president Nayib Bukele made waves last year when he announced that the nation would accept the token for use at stores and banks. The self-described “CEO of […] дальше »

2022-1-23 22:18


Mastercard partners with Bakkt, to offer customers 'ability to buy, sell, hold crypto'

Mastercard announced its entry into the cryptocurrency industry, and it might never be the same again. Thousands of partner banks and millions of merchants on its payment network, might soon be able tThe post Mastercard partners with Bakkt, to offer customers 'ability to buy, sell, hold crypto' appeared first on AMBCrypto. дальше »

2021-10-26 22:30


Facebook Crypto Libra Crumbling as Visa, Mastercard Consider Quits: Report

Facebook’s cryptocurrency Libra has been in hot water ever since the social media giant released the whitepaper earlier this year. Central banks and governments across the globe have put together a concerted effort against Libra, putting Facebook executives in the dock time and again as they fear that the social media giant is out to […] The post Facebook Crypto Libra Crumbling as Visa, Mastercard Consider Quits: Report appeared first on CCN.com дальше »

2019-10-2 11:06


The Return of Mortgage-Backed Securities: Private Banks Ready to Play Fannie Mae and Freddie Mac

Despite the fact that mortgage-backed securities helped tank the economy during the financial crisis of 2007–2008, banks are once again getting more heavily involved with mortgage bonds after the Trump administration proposed privatizing and downsizing Fannie Mae and Freddie Mac earlier this month. дальше »

2019-9-17 22:23


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Nobody Shills Bitcoin Quite Like The International Monetary Fund (IMF)

The International Monetary Fund (IMF) may have accidentally delivered its biggest advertisement for Bitcoin yet as it argues for negative interest rates. Bitcoin Proponents Thank IMF… Again Retweeting a blog post from February this year, the financial organization reiterated its faith in central banks increasing negative interest rates – essentially taxes on using money. дальше »

2019-4-22 21:00


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Crypto Shrugs As JPMorgan Gets Schooled By SEC Yet Again

Crypto participants continue to admire the tenacity (and audacity) of the legacy banking industry, which has accumulated fines exceeding $243 billion over the last decade. In the latest instance of no-wrongdoing-admitted, two major Wall Street banks have received a one-two punch from regulators, agreeing to pay stiff fines for lapses in AML procedures and trading […] The post Crypto Shrugs As JPMorgan Gets Schooled By SEC Yet Again appeared first on Crypto Briefing. дальше »

2018-12-28 21:23