2020-4-8 19:22 |
Analysts from the U.K.'s central bank said private currencies could work alongside any future CBDC initiative if they offered real utility.
Similar to Notcoin - Blum - Airdrops In 2024
2020-4-8 19:22 |
Analysts from the U.K.'s central bank said private currencies could work alongside any future CBDC initiative if they offered real utility.
Similar to Notcoin - Blum - Airdrops In 2024
Can cryptocurrencies ever replace fiat? This has been a subject of debate for many years now. According to Deutsche Bank's latest study, the answer could be yes. Deutsche Bank’s analyst Jim Reid's nThe post Bitcoin, cryptocurrencies to eventually replace fiat: Deutsche Bank’s study appeared first on AMBCrypto.
2019-12-8 01:30 | |
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 […]
2019-12-8 23:25 | |
A long-skeptical exec at the Bank for International Settlements now says that CBDCs could open up new possibilities
2019-12-7 20:23 | |
The research team at Deutsche Bank put out a report titled “Imagine 2030”, where they analyze the last few decades and put forth a number of scenarios that could play out in the coming decade.
2019-12-6 12:00 | |
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 | |
Per Deutsche Bank’s recent research, people’s heightened demand for dematerialized means of payment and anonymity could drive more individuals to digital currencies
2019-12-6 05:00 | |
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 | |
A digital currency could be used by the European Central Bank (ECB) in order to improve payments around the world. According to a document released by the ECB, adoption of this digital asset could be accelerated due to the lower cash usage in several countries.
2019-12-5 22:12 | |
The Bank of France could become the very first central bank to launch its own cryptocurrency
2019-12-4 21:46 | |
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 | |
On Wednesday, November 27, the U. S. Federal Reserve pumped $108 billion into the American economy using overnight repo tactics and 15-day repos. The central bank explained the move will stimulate more liquidity into the faltering U.
2019-11-29 02:50 | |
The governor of Ghana’s central bank says that the country is exploring a central bank digital currency, and could issue an e-cedi in the near future
2019-11-27 16:47 | |
China’s blockchain drive has been about one thing: getting its people used to a state-backed crypto asset. The People’s Republic is determined to get its crypto yuan out as soon as possible and bankers have stressed that it will be for retail use.
2019-11-27 10:00 | |
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 | |
The U. S. Federal Reserve System (FED) is analyzing the possibility to issue a digital dollar. Although there is nothing confirmed, Jerome Powell, the Chairman of the FED, explained that they are exploring whether it makes sense to issue a Central Bank Digital Currency (CBDC).
2019-11-21 23:49 | |
South Africa’s First National Bank (FNB) bank has announced that it will be shutting down accounts linked to cryptocurrency exchanges. In the process of cracking down on cryptocurrencies, banks themselves are experiencing the heat of negative interest rates and billions in fraud.
2019-11-20 14:16 | |
Westpac, Australia’s second-largest bank, violated money laundering laws 23 million times and could be fined AUD21 million (US$15. 7 million) per breach. Westpac Banking Corp, the second-largest bank in Australia, currently faces multiple accusations.
2019-11-20 11:10 | |
There are no mixed signals with regards to blockchain and crypto coming from China at the moment. The People’s Republic is full steam ahead on distributed ledger technology as it prepares to ready its population for its own central bank crypto currency.
2019-11-20 12:00 | |
Following a decision to inflate fuel prices by 50 percent in Iran, civil unrest has broken out with a branch of the country’s central bank being set ablaze. Now, the government is striking back and could even be doing enough to cripple Bitcoin access.
2019-11-19 18:55 | |
The big threat for Bitcoin at the moment is Google’s quantum computing prowess. A move by the search giant into banking however, could be a whole different matter for the entire crypto industry.
2019-11-18 11:30 | |
The largest bank in Canada by market capitalization, Royal Bank of Canada (RBC), is reportedly opening a cryptocurrency exchange. Patents have been discovered that reveal some of the technology the RBC may implement, which could be used to bring digital currency trading to the bank’s 16 million clients.
2019-11-16 04:00 | |
The Royal Bank of Canada (RBC), Canada’s largest bank, stated that it is taking into consideration the deployment of a cryptocurrency trading platform. The platform would allow users to conduct transactions of digital assets, including Bitcoin and Ethereum, along with using their digital assets for online and in-store purchases.
2019-11-14 16:10 | |
In recent months, authorities in India have been investigating the management of a major private bank, Punjab and Maharashtra Co-operative Bank, for fraud, amounting to $600 million. The investigation has left nearly 1 million bank customers without access to their funds – the sort of situation that could be avoided with Bitcoin-related financial services.
2019-11-14 05:24 | |
Nearly one million Indian bank customers cannot access their cash they deposited to their bank. The incident was just a proof of how the banking system is experiencing shortcomings and the improvements that could be made if crypto was given the opportunity.
2019-11-13 18:48 | |
While the US drags its regulatory feet and gets bamboozled by bureaucracy, China forges ahead and could launch its own digital currency within a few months. Crypto Yuan Nearing According to a central bank official, China’s planned crypto yuan is not all about spying on its citizens.
2019-11-13 08:53 | |
For U. S. stocks, overvaluation risks have lingered ever since President Trump won the White House. Analysts at Bank of America Merrill Lynch say the S&P 500 Index could have room to grow another 25% from current levels.
2019-11-13 23:11 | |
Under the fear of potentially losing monetary control, several central banks are focusing on developing and issuing a cryptocurrency. Indeed, according to an IBM-commissioned report, a central bank digital currency (CBDC) could be ready for consumers’ use within the next 5 years.
2019-11-13 20:43 | |
While many representatives of the world’s financial system have been consistently deprecating Bitcoin and cryptocurrencies, Jean-Claude Trichet, the former European Central Bank (ECB) president, dismissed the idea of cryptocurrencies as pure speculation.
2019-11-12 00:22 | |
The European Central Bank could be inching toward creating a digital currency for the continent. Attitudes about cryptocurrencies appear to be shifting in Europe — which could have negative repercussions on Libra.
2019-11-11 17:15 | |
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 | |
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 | |
Decentralized finance based on Ethereum could be the future of savings if banks continue to slash rates, punishing savers. There are more ways to make profits with cryptocurrencies than simply speculating on their prices and DeFi is emerging as a game changer for the future of finance.
2019-11-7 08:00 | |
Turkey’s central bank is reportedly looking to finalize testing protocols for its proposed national digital currency. With economic struggles worsening in the country, the move might signal an attempt by the government to gain a foothold in the emerging digital landscape.
2019-11-7 19:13 | |
The People’s Bank of China signed a partnership with Huawei, reportedly to develop blockchain technology for China’s sovereign digital currency. It comes just a week after Xi Jinping pledged that China would “take the leading position” in blockchain.
2019-11-6 12:03 | |
Bitmain, a leading bitcoin miner, has secretly filed for an IPO that is sponsored by Deutsche Bank, a German multinational company, as reported by Tencent News. The company has been struggling to bounce back since crypto winter.
2019-11-4 21:52 | |
One of the reasons Bitcoin was envisaged was to provide freedom from the banking system, which is clearly in trouble. Banks literally hold their customers to ransom when services are pulled. This is exactly what is happening now in China as citizens rush to withdraw their savings.
2019-11-1 07:00 | |
Over the course of the last week, the blockchain market was flooded with positive news coming from China. After the president’s positive statement on blockchain adoption, top central bank officials echoed the sentiment.
2019-10-29 02:26 | |
China's central bank could be the first to issue its own national digital currency, a former official said, while contending that Libra was doomed.
2019-10-29 23:45 | |
State policymakers want Colorado to be the new Wyoming, creating friendly legislation to draw crypto companies.
2019-10-24 13:00 | |
According to McKinsey & Co, bank stocks are in a precarious position. The consulting firm said it believes that more than half of the world’s banks are unlikely to survive an economic downturn, as their costs have begun to outpace returns on equity.
2019-10-23 03:00 | |
Banks in Europe are facing an existential threat that could soon spread to the U. S. , particularly if Donald Trump gropes his way toward zero interest rates. There will be few who would feel any sympathy if banks do begin to collapse.
2019-10-21 20:05 | |
A research paper published by the Federal Reserve Bank of San Francisco shows how negative interest rates could become an important policy tool for fighting future economic downturns. The paper examines the market response to the introduction of negative interest rates by five major central banks.
2019-10-20 10:30 | |
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 | |
The Bank of Canada is among the regulatory authorities around the world looking to launch their own digital currency. A recent internal report presented to its Governor, Stephen Poloz, highlighted some benefits that could come with this innovation.
2019-10-16 18:46 | |
The Financial Stability Board has informed the G20 finance ministers and central bank chiefs of the risks stablecoins could pose to financial stability. Unlike crypto assets which do not pose financial stability risk at this time, stablecoins could pose a host of challenges.
2019-10-16 13:05 | |
Over the past few months, the confluence of payments and the global economy has never been clearer. With Libra sending tremors from Washington D. C. to Paris, and China unveiling its plan to launch a digital yuan, ill-prepared lawmakers are feeling the brunt of not paying enough attention to the growing digital payments industry.
2019-10-16 09:43 | |
On October 11, the U. S. Federal Reserve explained that it would inject more easing into the economy by purchasing Treasury bills at an initial $60 billion per month for the next two months. The purchasing rate could decrease or increase, but the central bank expects the easing plan to last until at least Q2 2020.
2019-10-15 02:30 | |
After a decade of unprecedented quantitative easing, the appeal of a sound currency is returning. Now, the Dutch Central Bank has reiterated some of the messages of gold bugs, stating that gold may become the basis for an economic restart.
2019-10-14 17:00 | |
Facebook’s Libra cryptocurrency project has been put on notice by the Bank of England, with the central bank declaring that the global payments platform will be subject to rigorous scrutiny in the UK.
2019-10-9 13:17 | |