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US Fights Recession With ‘Closed-Door Sausage-Making’ – Can Bitcoin Triumph in a Global Recession?
The US is struggling to admit that the economy is in recession. That's despite a recent warning by the World Bank that the US, China, Eurozone, and other major economies are sharply slowing into recession with disastrous long-term effects on developing economies. дальше »
2022-11-7 14:45 | |
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Uniglo.io, Avalanche, And Solana Could Be The Way Forward In Providing Banking To The Unbanked
According to the most recent report by the World Bank, more than 1. 7 billion are unbanked globally. This means that not only do they lack a bank account but lack access to essential financial services. дальше »
2022-10-30 01:18 | |
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Central Bank Of Russia Approves Bitcoin, Ethereum, Others, For Cross-Border Payments
Russia has been leaning towards cryptocurrencies such as Bitcoin and Ethereum in recent times. Sanctions against the country since it began its evasion of Ukraine had piled up, and the government had begun to turn to crypto to circumvent these sanctions. дальше »
2022-9-23 20:00 | |
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Investigators in South Korea Raid Woori Bank for Evidence of Unlawful Cryptocurrency Transactions
According to a recent source, the Woori Bank headquarters was the scene of a “search and seizure” by the Daegu District Prosecutor’s Office’s Anti-Corruption Investigation Department. дальше »
2022-9-22 14:42 | |
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Australian Central Bank Governor Wants Private Sectors In Charge Of Crypto Assets Issuance
Recent times have seen a wave of calls for regulating the growing sector of cryptocurrencies due mainly to the astronomically increasing adoption rate, as investors and consumers seek protection over the looming economic downturn. дальше »
2022-7-30 16:51 | |
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Quarter of Surveyed Companies in Asia-Pacific Involved in Crypto, Says Recent Study
A new joint study by big-four accounting firm KPMG and British multinational bank HSBC finds that a quarter of all businesses in the Asia-Pacific region are crypto-related businesses. The post Quarter of Surveyed Companies in Asia-Pacific Involved in Crypto, Says Recent Study appeared first on BeInCrypto. дальше »
2022-7-25 20:00 | |
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G20 Nations Affirm Need for Cross-Border Coordination and Stablecoin Regulation
Finance ministers and central bank governors from G20 nations spoke about the need for cooperation and stablecoin regulation at a recent meeting. The post G20 Nations Affirm Need for Cross-Border Coordination and Stablecoin Regulation appeared first on BeInCrypto. дальше »
2022-7-18 10:24 | |
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Sri Lanka’s Central Bank Warns Against Crypto Amid Economic Crisis
The Central Bank of Sri Lanka, or CBSL, has cautioned the public against buying cryptocurrencies due to a lack of regulatory monitoring at a time of economic and political upheaval. Sri Lanka Maintain “Crypto Is Illegal” Stance A public awareness notice was released by Sri Lanka’s central bank on July 12 in response to “recent […] дальше »
2022-7-15 02:36 | |
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Regulation of Crypto Markets Needed for Overall Financial Stability
In the recent Bank of England’s Financial Stability Report (July 2022), the Financial Policy Committee (FPC) reported that although crypto asset valuations have fallen sharply since the beginning of this year, this hasn’t posed immediate risks to the UK’s overall financial stability. дальше »
2022-7-11 18:58 | |
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Most Influential Asians in the Blockchain Space
The blockchain and cryptocurrency markets have experienced rapid expansion in recent years. The crypto market has seen an unparalleled rise in users across countries worldwide, from big institutional investors to small retail investors, users seeking huge profits to people looking for safer, less expensive alternatives to bank transactions. Asia has been identified as a center […] дальше »
2022-6-24 00:10 | |
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Bank of America Survey Reveals 90% Planning to Buy Crypto This Year
Bear markets provide better buying opportunities than bull markets and the majority of respondents to a recent Bank of America survey will be loading up this year. The post Bank of America Survey Reveals 90% Planning to Buy Crypto This Year appeared first on BeInCrypto. дальше »
2022-6-14 11:00 | |
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Circle Says A Central Bank Digital Currency (CBDC) Is Not Needed
In recent times, several central banks have been looking to develop a Central Bank Digital Currency (CBDC) to address the limitations of fiat currencies, especially in cross-border payments. However, Circle, issuers of the USDC stablecoin, have said the development of a CBDC is unnecessary and could produce more harm than benefits. In response to the […] дальше »
2022-5-31 16:17 | |
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Bank Of England Governor Bullish On Blockchain Technology, Not Crypto
Central banks have released more and more statements on crypto following the Terra ecosystem debacle. For example, recent statements from the Bank of England (BoE) Governor Andrew Bailey reveal that the official thinks very little of cryptocurrencies. дальше »
2022-5-31 02:30 | |
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10% Of Households In The EU Own Crypto, Reveals New ECB Survey
The European Central Bank has become very outspoken on cryptocurrencies in recent times. Notably, a survey by the leading financial authority revealed that 10% of households in the Eurozone hold crypto assets. дальше »
2022-5-31 22:36 | |
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What Do We Know About India’s CBDC And Its Graded Approach?
India remains firm on its idea to introduce the Central Bank Digital Currency (CBDC) in 2022-23. In the recent most development in regards to the same, the Reserve Bank of India (RBI) has proposed a graded approach for the introduction of the CBDC. дальше »
2022-5-29 04:00 | |
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JP Morgan Embraces Blockchain Technology Yet Jamie Damon Stays Critical Of Bitcoin
JP Morgan is taking more profound steps in blockchain technology in recent development. This new generation bank now uses blockchain in maintaining its collateral statements. According to the report, JPMorgan Chase & Co has completed its pilot transaction on a blockchain. дальше »
2022-5-29 14:00 | |
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Not an Inflation Hedge: Bitcoin Showing Close Correlation With Stocks, Says Bank of America Analysts
Bank of America has released a report recently, questioning the status of bitcoin as an inflation hedge considering its recent correlation with the stock market. The post Not an Inflation Hedge: Bitcoin Showing Close Correlation With Stocks, Says Bank of America Analysts appeared first on BeInCrypto. дальше »
2022-5-8 16:00 | |
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Bank Of Canada Governor Maintains That Its Financial System Would Always Be Built Around The Canadian Dollar, Not Crypto
The Governor of the Bank of Canada (BoC) has reiterated the place of the Canadian dollar, aka loonie, in the country's financial system. Tiff Macklem's statement responds to the recent vocal support that leading conservative party PM candidate Pierre Poilievre has given the nascent market as part of his campaign. дальше »
2022-4-27 00:27 | |
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Galaxy Digital Trading co-head plays down the threat of CBDCs on liberty
Jason Urban believes Central Bank Digital Currencies (CBDCs) will have a positive net effect on the entire cryptocurrency ecosystem, the Galaxy Digital Trading co-head said in a recent interview with Kitco. дальше »
2022-4-12 14:20 | |
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Citi Is Outlandishly Optimistic About Metaverse’s Future, Foresees A $13 Trillion Economy By 2030
American investment bank Citi sees the metaverse economy growing to as large as $13 trillion by 2030. Citi also projected that metaverse users could grow to 5 billion by that time. Citi On Why The Metaverse Has A $13 Trillion Upside Interest in the metaverse has exploded in recent months since Facebook’s rebrand to Meta. […] дальше »
2022-4-2 13:38 | |
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Discover The Best NFT Projects With NFTGuide
There is a rising interest in NFTs of recent, with both retail and institutional investors entering the ecosystem. One of America’s leading banks, JPMorgan recently became the first bank to open a virtual lounge in the metaverse. дальше »
2022-3-4 00:02 | |
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Bitcoin climbs to $41K and flippens the Russian ruble
The Central Bank of Russia reported the country's money supply was 65.3 trillion rubles as of Feb. 1 — roughly $629 billion with the recent drop against the U.S. dollar. дальше »
2022-3-1 22:45 | |
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Big Bank Makes their Entrance into the Metaverse
Earlier in the week, JP Morgan, one of the largest and most influential banks in not only the United States but worldwide, made their entrance into the fantastic Metaverse JP Morgan Chase Steps into the Metaverse Judging by recent movements and occurrences on Wall Street, it has been apparent that the time for institutional bankers […] The post Big Bank Makes their Entrance into the Metaverse appeared first on NFT News Today. дальше »
2022-2-21 14:12 | |
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FCA Survey Estimates 1.9 Million People Currently Own Cryptocurrencies in the UK
According to a recent survey by the Financial Conduct Authority (FCA), which is working with the Government and the Bank of England, as part of a UK Cryptoassets Taskforce, more and more people are now aware of cryptos and getting into them. дальше »
2020-7-1 22:50 | |
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Bank of Canada CBDC Insight: Zero-Knowledge Proof Are Insufficient for National Scale Integration
A recent analytical staff note by the Bank of Canada on CBDC's has highlighted that higher privacy levels may come at a cost. The bank summarized possible privacy CBDC frameworks as it looks to advance research and development in this space. дальше »
2020-7-1 20:54 | |
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Deutsche Bank Warns Of Disaster Worse Than Pandemic That Could Completely Kill Bitcoin
In a new report, Deutsche Bank ominously says there’s a strong likelihood of a disaster far worse than the recent pandemic coming over the next ten years. At least one of the scenarios could put an end to Bitcoin. дальше »
2020-6-18 18:00 | |
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Bank Stocks Plunge after Fed’s Decision to Keep Near-Zero Interest Rates
Coinspeaker Bank Stocks Plunge after Fed’s Decision to Keep Near-Zero Interest RatesIn a recent market rally, bank stocks were the biggest winners. But as investors are worried about the uncertainty around how much the economic decline will affect loans, bank stocks will not rebound as fast as shares of other sectors. дальше »
2020-6-12 11:34 | |
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China’s Digital Yuan Set to ‘Displace’ Bitcoin and U.S Dollar; Report
China's Digital Yuan could challenge the U. S dollar and Bitcoin, according to a recent report by Bloomberg. The PBoC backed digital asset was piloted in April by the Agricultural Bank of China within four cities in the country. дальше »
2020-6-4 00:04 | |
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Switzerland: FINMA Approves InCore Bank to Carry Out Cryptocurrency Transactions
Swiss financial watchdog, the Swiss Financial Market Supervisory Authority (FINMA) has given the go-ahead to InCore bank to engage in digital asset transactions, the bank announced recently. FINMA Approves InCore Bank for Cryptocurrency Transactions Swiss regulators continue to make crypto-banking services easily-accessible for customers as according to a recent development, the FINMA has given theRead MoreRead More. дальше »
2020-5-31 15:00 | |
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Crypto Community Disagrees With Goldman Sachs’s Claim That Bitcoin Isn’t An Asset Class
A greater number of the crypto community members expressed their disagreement with the recent statement made by the American multinational investment bank and financial services company, Goldman Sachs Group. дальше »
2020-5-28 19:48 | |
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Goldman Sachs Says Bitcoin ‘Not Suitable Investment’ in Hyped Client Call
Despite recent hype, it doesn’t look like Goldman Sachs will be recommending Bitcoin to clients anytime soon. According to early reports, the global investment bank said that the cryptocurrency is “not an asset class” and “not a suitable investment. дальше »
2020-5-27 16:12 | |
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India’s Central Bank Denies Prohibiting Financial Institutions from Servicing Cryptocurrency Exchanges
Indian commercial banks refusing services to local cryptocurrency exchanges may soon have a case to answer following a recent clarification offered by its central bank. Tweeting on Sunday, Indian crypto insider Crypto Kanoon (@cryptokanoon) published a document released by the Reserve Bank of India (RBI) stating that no prohibitions against banks servicing crypto-businesses exist. дальше »
2020-5-27 07:15 | |
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MoneyGram to Offer Direct Deposits in India Via Federal Bank; Both Members of RippleNet
MoneyGram will now offer direct deposits to India following its partnership with Federal Bank, one of the leading financial institutions in the country. According to a recent announcement by the payment system service provider, this alliance will be strategic in offering its Indian clients an account credit option via the Federal Bank. The MoneyGram announcement reads, […] дальше »
2020-5-16 19:13 | |
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