2020-3-26 18:00 |
Retail interest in cryptocurrencies is growing as COVID-19 shakes markets and central banks take drastic steps to steady the global economy, the firm says.
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Global stock markets surged higher on Friday after central banks around the world unleashed a torrent of stimulus measures to cushion the shock from coronavirus (Covid-19). With US stock futures sharply higher, Wall Street is expected to have yet another big swing.
2020-3-20 18:33 | |
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To secure their futures, banks have to confront their fear of change and embrace innovation, says consultant Chuck Fried.
2020-3-18 13:00 | |
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If central banks flood the global economy with cheap money in response to the coronavirus outbreak, that is likely to help assets like bitcoin, says Kevin Kelly.
2020-3-4 13:00 | |
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Sarah John, chief cashier of the Bank of England (BoE) says governments should seriously consider creating central bank digital currencies (CBDC) as a countermeasure to private crypto projects. Central Banks Need to Dominate Digital Currency Space Speaking to the Telegraph, John highlighted the need for central banks to consider CBDC as a viable option.
2020-2-25 20:00 | |
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Cross-border payments and books: Brad Garlinghouse says that Ripple could grow in a similar way to Amazon
2020-2-18 19:45 | |
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A comprehensive framework shared by all participants will negate any risks associated with blockchain, the derivatives repository giant says.
2020-2-13 18:00 | |
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Bitcoin would benefit from global central banks issuing their own digital currencies, founder of Grayscale Investments said
2020-2-12 22:47 | |
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Coinspeaker Fintech Firm Monzo CEO Says Big Banks Are Set Up to ‘Kill’ ChangeMonzo CEO Tom Blomfield believes that big traditional banks are killing the changes that ambitious companies are trying to bring to the fintech industry.
2020-2-11 17:32 | |
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A portion of fresh cash liquidity supplied by the global central banks has made its way into the bitcoin market, says Mati Greenspan, the founder of Quantum Economics. The prominent market analyst told BlockTV that the cryptocurrency – more or less – behaved like stocks as it rose from $6,430 to well above $10,000 in... The post appeared first on NewsBTC.
2020-2-11 16:45 | |
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The heads of six major central banks will hold their first meeting on potentially developing their own digital currencies in April, Nikkei says.
2020-2-6 13:32 | |
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Former Banque de France governor, Christian Noyer, suggested that a consumer-focused central bank digital currency (CBDC) could still be 10 years away, despite current interest from over 50 central banks.
2020-2-5 18:00 | |
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Bitcoin price has come down to $8,300 level from last week’s $9,200 level. Despite bouncing off the support yesterday, it was unable to reclaim the level and made its way back toward support. We have come to some serious resistance at the 200-day moving average, a line that Mati Greenspan, founder of Quantum Economics says […]
2020-1-26 19:20 | |
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American billionaire Ray Dalio might end up on the wrong side of history if he continues to dismiss Bitcoin
2020-1-22 10:04 | |
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Agustin Carstens (pictured above), head of the Bank for International Settlements (BIS) which is owned by central banks and acts as the bank of central banks, has stated bitcoin took... The post Bitcoin Took Us By Surprise Says Head of Central Bankers appeared first on Trustnodes.
2020-1-16 19:52 | |
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Australia is the latest country to reject Libra — Facebook’s proposed digital currency payment project. The country’s central bank also says sovereign digital currencies are unnecessary given that commercial banks already have working electronic payment solutions.
2020-1-9 18:00 | |
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Commercial banks should work out their own transfer systems as an alternative to Facebook’s Libra, urged Jens Weidmann, President of Bundesbank and member of the Governing Council of the European Central Bank (ECB).
2020-1-4 19:52 | |
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Wells Fargo analyst Mike Mayo predicts that technology will enable efficiency for banks this decade
2020-1-1 03:23 | |
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Coinspeaker Top 20 Major Banks Will Trade Crypto in 2020, Says Ripple CEORipple CEO stated that the crypto industry will see some consolidation within the companies, meaning that many of them will probably disappear from the map.
2019-12-21 22:18 | |
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According to the blockchain analysis firm Ciphertrace, major U. S. banks process roughly $2 billion in digital currency transactions that go undetected every year. Ciphertrace disclosed a slew of financial institutions have not deployed the right KYC/AML infrastructure to detect unregistered cryptocurrency transfers.
2019-12-17 03:30 | |
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According to CipherTrace, major U.S. banks unwittingly process billions of dollars from crypto-related business because they are ill-equipped to identify virtual asset service providers
2019-12-17 14:54 | |
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The Basel Committee on Banking Supervision (BCBS) is soliciting comments on “Designing a prudential treatment for crypto assets,” to improve the regulatory oversight by March 2020. The paper says, “These types of crypto-assets are not legal tender, and are not backed by any government or public authority.
2019-12-13 23:36 | |
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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 | |
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Coinspeaker BIS Head’s Crypto Anger Changes to Mid-Positive Attitude General manager of BIS who has a powerful name and is influential enough to change the industries says central banks' cryptocurrencies may have a chance.
2019-12-6 19:30 | |
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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 | |
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The perceived inevitability of central bank-issued digital currencies on a global scale has been a hot topic of discussion for a while now. With China reportedly going ever so close to releasing the world’s first nationalized digital currency, central banks in most major economies are under immense pressure to follow suit — or at least […] The post Central Bank Cryptocurrencies Are Pointless, Says Ex-Federal Reserve Chairman appeared first on BeInCrypto.
2019-11-14 11:44 | |
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Former Fed Chairman Alan Greenspan is cool to the idea of the US central bank launching its own digital token
2019-11-12 08:59 | |
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A major Chinese daily has published an article about Bitcoin. The publication describes the first cryptocurrency as a successful application of the blockchain technology. It provides its readers with the basics they need to know about Bitcoin and highlights some of its main characteristics.
2019-11-12 02:30 | |
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Gold price dropped by 4% as U. S. stock market hit record highs. Major U. S. banks including JPMorgan and Citibank closed positions on gold for more risky alternatives. Nobel laureate says geopolitical risks are over-estimated, making the environment better for stock market over gold.
2019-11-10 14:13 | |
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Just a few days after the Federal Reserve cut interest rates for the third time this year and the US national debt hit $23 trillion for the first time, billionaire hedge fund manager Ray Dalio released yet another LinkedIn post titled, “The World Has Gone Mad and the System Is Broken.” According to Dalio, it […]
2019-11-7 20:17 | |
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India’s Central Bureau of Investigation has reportedly raided over 190 bank locations nationwide in an effort to crack down on fraud involving at least 15 banks. As many as 1,000 officers were involved in what is now one of the largest coordinated searches in India this year.
2019-11-6 12:03 | |
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India’s Central Bureau of Investigation has reportedly raided over 190 bank locations nationwide in an effort to crack down on fraud involving at least 15 banks. As many as 1,000 officers were involved in what is now one of the largest coordinated searches in India this year.
2019-11-6 12:03 | |
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Commercial banks should step up the application of blockchain technology to embrace digital finance, Li Wei, the head of the People's Bank of China’s technology department, said at a forum in Shanghai on Monday.
2019-10-28 16:05 | |
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Less than a week after President Xi Jinping’s iconic speech on blockchain technology, another top official from the Chinese government has openly endorsed decentralized distributed ledgers as the future of banking and financial institutions.
2019-10-29 11:07 | |
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Though digital currencies have come up against a lot of challenges, consumers shouldn’t give up just yet, according to Darrell Duffie. Duffie, a professor of finance at Stanford GSB, believes that the next decade could be filled with a lot of success for this sector, in the event that banks don’t come up with faster […]
2019-10-25 17:39 | |
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A professor at Stanford Graduate School of Business says cryptocurrencies will inevitably upend the banking sector
2019-10-26 13:06 | |
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Rich Dad Poor Dad author Robert Kiyosaki says Bitcoin is “one of the most powerful banks ever created,” making for a “very exciting time”
2019-10-25 12:48 | |
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Coinbase UK’s CEO says centralized entities like central banks and Facebook remain necessary for the support and adoption of crypto
2019-10-24 11:26 | |
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ING CEO Ralph Hamers said Libra could make it difficult for banks to accept or keep the project's creator as a client.
2019-10-22 18:30 | |
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A senior economist at Sweden's Riksbank says central banks need to "keep up" with cryptocurrency advancements like Libra and XRP.
2019-10-17 20:00 | |
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French central banker Denis Beau discussed the options available to central banks vis-a-vis cryptocurrency regulations
2019-10-17 00:05 | |
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Libra, says Stefan Ingves, is forcing central banks to re-consider their primary product: money.
2019-10-16 15:33 | |
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The head of Sweden’s Riksbank says Facebook’s Libra is shaking central banks globally into action
2019-10-16 12:58 | |
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Philadelphia Federal Reserve bank president Patrick Harker said it is “inevitable” for the central banks to start issuing digital currency.
2019-10-4 23:00 | |
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Nigel Green, CEO of deVere Group — a global financial advisory company, says the European Union needs to seriously consider cryptocurrency adoption per a report by IT-Online. Meanwhile, banking giants across the globe are beginning to shift from an anti-crypto stance towards developing their own blockchain-based business solutions.
2019-10-4 19:00 | |
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ING chief economist Mark Cliffe says central banks could move towards issuing digital currencies within 2-3 years, given Facebook’s Libra project
2019-9-28 15:39 | |
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The Facebook-backed stable coin solves problems and could create others.
2019-9-26 09:02 | |
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Libra has been a wake-up call for banks to consider major issues in global payment systems, an ECB board member says
2019-9-26 21:18 | |
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Central banks can benefit from digital currencies but they don’t necessarily need a blockchain, says Chile’s top central banker
2019-9-19 11:01 | |
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An investment strategist of Mauldin Economics states that Bitcoin indeed bears a serious threat for banks, saying that BTC will ultimately pushing them out of business
2019-9-18 15:43 | |
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