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Why crypto? Holding money at Dutch bank ING could cost you

When consumers hold money in banks, they expect to be paid an interest rate—there’s a reason why people don’t store their money under a mattress in a safe in their house. But, this financial trend is changing, with there being banks that now charge consumers and businesses for storing money, something unheard of ten or […] The post Why crypto? Holding money at Dutch bank ING could cost you appeared first on CryptoSlate. дальше »

2020-2-2 15:00


Ripple CEO Claims Half of Top 20 Banks Will Own Crypto in 2020; Is This Feasible?

The finance industry as a whole has been hesitant to embrace or adopt crypto in any forms, with many major figures within the industry claiming that Bitcoin and other digital assets are simply speculation tools that investors use to try to turn quick profits, rather than revolutionary technologies that could help usher in a new. дальше »

2019-12-22 22:52


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

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 […] дальше »

2019-12-8 23:25


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Banks Stopped Walmart Bank – Now the Retail Giant Hits Back With Crypto

On August 1, it was discovered that the giant retail corporation Walmart has patented plans for a stablecoin that’s backed by U.S. dollars. If released into the wild, the USD-based cryptocurrency would be issued to select Walmart retailers and partners while the patent’s description explains the coin could be used outside of Walmart’s retail scope […] The post Banks Stopped Walmart Bank – Now the Retail Giant Hits Back With Crypto appeared first on Bitcoin News. дальше »

2019-8-3 23:00


Central Bank Crypto Could Damage Entire Economies, Warns Bank of Japan

The deputy governor of the Bank of Japan, Masayoshi Amamiya, has warned that the creation of crypto by central banks could have a negative impact on economies, Reuters reports. According to Amamiya, Central Bank Digital Currencies (CBDCs) had the potential to take away the credit channels of commercial banks if they managed to replace private […] The post Central Bank Crypto Could Damage Entire Economies, Warns Bank of Japan appeared first on CCN Markets дальше »

2019-7-6 17:36


How A Crypto Lending Business That ‘Hates The Banks’ Avoids Exploiting Its Customers

Readers of a certain age will remember a time when banks could increase your wealth, as well as store it. If you’re old enough to remember when Pokemon was just a card game, you might also remember a wise grandparent or uncle telling you to put your allowance in a high-interest savings account, where it […] The post How A Crypto Lending Business That ‘Hates The Banks’ Avoids Exploiting Its Customers appeared first on Crypto Briefing. дальше »

2019-6-30 19:16


Facebook’s Libra Could Castrate Central Banks, Says Ex-World Bank Chief Economist

Central bankers and other makers of monetary policy have every reason to fear Facebook’s cryptocurrency Libra, according to a former chief economist of the World Bank. Libra will make it impossible for central banks to control inflation Per Kaushik Basu, who was the World Bank’s chief economist from 2012 to 2016, Libra will render the […] The post Facebook’s Libra Could Castrate Central Banks, Says Ex-World Bank Chief Economist appeared first on CCN Markets дальше »

2019-6-29 18:21


VC Investor: Facebook’s Crypto Has 50% Chance of Ever Launching, Here’s Why

Libra, Facebook’s new crypto and rival to Bitcoin, the dollar, banks, businesses like PayPal, and stablcoins all at once, captured the entire world’s interest yesterday. The crypto industry was divided on whether or not the move would benefit the ecosystem at large, or if it could potentially destroy Bitcoin and altcoins. дальше »

2019-6-20 23:00