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China Is Drafting Laws for the Circulation of National Digital Currency
Amid the coronavirus pandemic, China’s central bank has reportedly completed the basic development of the nation’s central bank digital currency. The central bank is now drafting legislation for its circulation, according to local media. дальше »
2020-3-26 07:00 | |
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How to Quickly Cash Out From Crypto to Fiat
There are many reasons why you might seek to liquidate your digital assets into fiat currency, be it to pay a bill, buy a meal, or cover an emergency. When needs must, speed is of the essence; no one has time to wait three days for a bank wire to clear. дальше »
2020-3-26 03:33 | |
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FDIC Urges People to Not Pull Money Out in a Desperate Attempt to Avoid A Bank Run
In the past weeks, investors have fled out of risky assets that resulted in equities, oil, cryptos to even gold and bonds falling in prices. The risky assets along with traditional safe haven assets were left out in favor of cash. дальше »
2020-3-26 22:23 | |
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FDIC’s Ridiculous Ad to Stop Bank Runs Is Sending the Opposite Signal
The Federal Deposit Insurance Corporation (FDIC) is ciscouraging people from withdrawing money from their banks. What are they trying to hide? The post FDIC’s Ridiculous Ad to Stop Bank Runs Is Sending the Opposite Signal appeared first on CCN.com дальше »
2020-3-25 17:53 | |
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Стартап Revolut Николая Сторонского вышел на американский рынок
Британский финтех-стартап Revolut вышел на американский рынок. Вчера компания сообщила, что теперь любой житель США может зарегистрировать аккаунт Revolut и заказать дебетовую карту. Поскольку у компании Николая Сторонского нет лицензии на ведение банковской деятельности на территории Соединенных Штатов, партнером Revolut выступит Metropolitan Commercial Bank. дальше »
2020-3-25 12:37 | |
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FDIC Begs Savers Not to Start a Bank Run as Fed Prints Trillions
The Federal Deposit Insurance Corporation (FDIC) has just issued an appeal for US savers to leave their money in their bank accounts. The message follows hints of a bank run as coronavirus-induced panic continues to spread. дальше »
2020-3-25 08:15 | |
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Regulatory Roundup: Crypto Regulations Advance Despite Global Crisis, Cash Shortages, Bank Closures
In this roundup, we cover crypto regulatory developments amid the global crisis effected by the coronavirus outbreak, bank closures, interest rate cuts, and plunging stock markets. Through it all, governments worldwide are still focusing on cryptocurrency regulation, including the U. дальше »
2020-3-25 05:30 | |
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Turning A Crisis Into An Opportunity, China Gets One Step Closer to CBDC
China is getting one step closer to a digital Yuan as the central bank has completed the CBDC basic function development
дальше »2020-3-25 00:37 | |
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China: Central Bank Inching Closer to CBDC Issuance
China has reportedly made significant progress with the basic functions of its proposed central bank digital currency (CBDC) based on patent filings submitted by Chinese fintech giant Alipay. Beijing Inching Closer to CBDC Issuance According to the Global Times, Alipay filed five patents related to its work on China’s planned CBDC between January 21 andRead MoreRead More. дальше »
2020-3-24 22:00 | |
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China Moves Closer to Issuing its Digital Currency in the Face of Coronavirus: Report
The People's Bank of China is getting nearer to releasing its digital currency, reports The Global Times. According to the latest report, China’s central bank in collaboration with private companies has completed the development of the basic function of the autonomous digital currency and is now drafting laws for its circulation. Many companies in the […] дальше »
2020-3-24 18:23 | |
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Altcoin Explorer: Maker, the Central Bank for the Decentralized Finance Ecosystem
MakerDAO is a peer-to-contract platform enabling over-collateralized loans by locking ether in a smart contract and minting Dai, a stablecoin pegged to the US dollar. MKR is the governance token of the MakerDAO organization enabling its holders to vote on the project’s future. дальше »
2020-3-24 14:05 | |
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Chinese Central Bank Warns Against Crypto Trading Due to Market Manipulation, Bots
Bank of China, a Chinese central bank, is continuing with its anti-crypto campaign, this time the bank has issued a long post in its official WeChat account lashing on crypto exchanges. According to Cointelegraph, the post which was released on March 22 is titled “3. дальше »
2020-3-24 20:42 | |
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Sygnum Bank launches digital Swiss franc token (DCHF)
Sygnum Bank, a Swiss-based digital asset banking and securities dealer, today announced the launch of its digital CHF token (DCHF). This CHF-pegged settlement token is the first to be issued by a regulated Swiss bank with a full digital asset banking suite. дальше »
2020-3-25 19:18 | |
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Coronavirus Bailouts: US Banking Watchdogs Waive Hundreds of Regulations, Red Tape, Financial Oversight
In 2019, cryptocurrency and blockchain businesses saw more regulation than any year prior. G20 finance ministers, central bank governors, and regulators cracked down hard on the bitcoin industry. дальше »
2020-3-25 17:15 | |
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Центробанк Китая призвал не искать спасения от кризиса в биткоине
Народный банк Китая представил риски инвестирования в биткоин и другие криптовалюты в документе «Защита прав и интересов потребителей финансовых услуг» на официальной страничке в WeChat. #China’s central bank released in a long post lashing out at the #cryptocurrency trading platforms titled “3. дальше »
2020-3-24 15:45 | |
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Cardano’s Charles Hoskinson Likens the US Dollar to the Scam Cryptocurrency, Onecoin
The US Congress has mandated the nation’s central bank, the Federal Reserve (Fed), to print an infinite amount of cash to help the nation navigate the ongoing economic crisis. The funds will be available to local businesses and investors in the financial markets to shield them against the impacts of the Covid-19 disaster. Fed president […] дальше »
2020-3-24 14:45 | |
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Silvergate Bank Clients Experience Money Transfer Issues from Fedwire
Cryptocurrency-friendly Silvergate Bank has had problems with clients being unable to transfer funds to the platform since Friday
дальше »2020-3-23 08:48 | |
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Could Central Bank Digital Currencies Ever Replace Fiat Money?
The idea of a central bank digital currency (CBDC) has been under consideration by central banks across the globe ever since cryptocurrencies such as Bitcoin started gaining popularity. As a precursor to implementing such a nationwide digital currency, central banks across the globe have two options: bar all cash transactions or allow the general population […] The post Could Central Bank Digital Currencies Ever Replace Fiat Money? appeared first on BeInCrypto. дальше »
2020-3-23 23:05 | |
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Bank of China Continues Anti-Crypto Narrative on WeChat
Bank of China continues to voice its distaste for crypto and urges the public to pay attention to scams
дальше »2020-3-23 23:00 | |
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Bitcoin Price Hitting $20k Overnight Won’t Be Surprising For Blockstream’s Adam Back
Bitcoin is currently very volatile after recording one of its greatest crashes last week and a massive recovery in the past few days. For outsiders and mainstream market investors, these huge price swings may be signals for an unreliable investment and an asset they would not likely bank on. However, in the crypto industry, this […] дальше »
2020-3-22 13:01 | |
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Bank of America Economist: ‘There Should Be No Upper Bound for the Size of Stimulus’
Amid the coronavirus pandemic, worldwide governments have decided that there is effectively no limit to their money printing. That was confirmed recently by a statement from Bank of America. A major recession seems certain amid the global market panic. дальше »
2020-3-22 11:15 | |
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Citi Increases Its Equity In Ethereum-based Platform Komgo Specializing In Trade Finance
Citi bank, a founder & investor at Komgo has reportedly increased its stake ownership of the project. The bank is on course with integrating Komgo’s Blockchain Solution with its own trade processing systems. дальше »
2020-3-22 05:11 | |
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Bitcoin Buying Boosted in Venezuela as Bank Branches Close Down
According to reports and social media, bank branches in Venezuela are closing their doors as the Coronavirus continues to spread. People are turning to Bitcoin as the solution as trading volumes increase. дальше »
2020-3-22 03:16 | |
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Central Bank Survey: 80% of Australians Are Aware of Crypto But Only 1% Are Actually Using
The Reserve Bank of Australia (RBA) states that Less than 1% of people in Australia have paid for goods using cryptocurrency, according to a study conducted yesterday. The findings were revealed in the triennial Consumer Payments Survey (CPS) released by the RBA. дальше »
2020-3-21 17:12 | |
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Media Warns People Not to Take ‘a Bunch of Cash Out of the Bank’
Even though it’s your money, major news outlets are warning consumers not to take it out of the bank amid the coronavirus outbreak. As the coronavirus panic continues, many people have been anxious to take out cash from the bank. дальше »
2020-3-21 15:15 | |
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1.2 Million Italians Can Now Buy Bitcoin From Their Bank
Buying bitcoin just got easier for Italians. The country’s mobile bank Hype has announced a partnership with fintech startup Conio, enabling customers to buy, sell, and securely store BTC from within their banking app. дальше »
2020-3-22 13:12 | |
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Australia: RBA Survey Finds Fewer Than 1% of Aussies Used Crypto for Payment in 2019
According to a recent report by the Reserve Bank of Australia (RBA), fewer than 1 percent of Australians paid for consumer goods with digital currencies. This, according to a report by Coindesk, March 20, 2020. дальше »
2020-3-21 08:00 | |
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Italian Bank Opens Bitcoin Trading Platform, Coronavirus Death Toll in Italy Tops China
Coinspeaker Italian Bank Opens Bitcoin Trading Platform, Coronavirus Death Toll in Italy Tops ChinaItalian bank Banca Sella is now offering its 1. 2 million customers the ability to trade Bitcoin through their accounts, using a platform called Hype platform. дальше »
2020-3-20 22:08 | |
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Central Bank Digital Currency ‘Incredibly Rich Area’ Says IMF
Tao Zhang, Deputy Managing Director of the International Monetary Fund (IMF) has made a strong argument for the development of Central Bank Digital Currency (CBDCs). He asserts that as a new asset class they hold tremendous promise, notably for the developing world. дальше »
2020-3-21 21:00 | |
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Italian Bank Launches ‘Hype’ Bitcoin Trading Service in Wake of the Coronavirus Outbreak
The Coronavirus (COVID-19) pandemic has inevitably sparked innovation and caused an increase in adoption of some markets sooner than we expected. An Italian bank, Banco Sella, recently launched a BTC trading service in a bid to deal with the tough financial times. дальше »
2020-3-20 20:32 | |
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Bank of England Cancels Stress Test for UK Banks, Too Afraid to Fail?
On Friday, the Bank of England (BoE) and the Prudential Regulation Authority (PRA) cancelled the 2020 stress test of eight major British banks and building societies, citing the emergency situation amid the coronavirus outbreak. дальше »
2020-3-20 16:00 | |
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All You Need to Know About Bitcoin Wallets in 2020
Coinspeaker All You Need to Know About Bitcoin Wallets in 2020A cryptocurrency wallet is almost equivalent to a bank account, and just as it is important to be familiar with a bank of choice, it is just as important to be intentional in choosing a digital Bitcoin wallet. дальше »
2020-3-20 14:39 | |
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Китайский банк Everbright внедряет платформу торгового финансирования на блокчейне
Крупный китайский коммерческий банк China Everbright Bank (CEB) внедряет блокчейн-систему для отслеживания цепочек поставок, разработанную компаний Ant Finance, дочкой торгового гиганта Alibaba. Сетевая блокчейн-платформа Duo Chain, созданная специально для работы с цепочками поставок и связанными с ними финансовыми операциями, будет встроена в инфраструктуру банка. дальше »
2020-3-20 13:30 | |
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Bank of America Says Recession Is Here, Coronavirus Death Toll Tops 10K, 240K Infected
Coinspeaker Bank of America Says Recession Is Here, Coronavirus Death Toll Tops 10K, 240K InfectedMore than 245,000 people have now been confirmed with the coronavirus globally, of which at least 85,000 have recovered from COVID-19, while more than 10,000 have died. дальше »
2020-3-20 11:46 | |
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Top Investment Instruments
In this article, we will explain how you can achieve long-term financial growth. Let’s start with bank deposits and savings accounts – and what makes them absolutely useless. Unfortunately, with each year the profitability of bank deposits decreases – yield rates on deposits go down, and in some countries, they even reach the inflation rate.... дальше »
2020-3-20 09:08 | |
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Swiss crypto exchange SMART VALOR lists physical gold token PAXG
SMART VALOR, a Swiss-based crypto exchange company, announced today it has listed PAX GOLD (PAXG); a physical gold token that is fully compliant and regulated, it launched last year by PAXOS. PAXG is now available for purchase in CHF, EUR, GBP, USD by bank wire, credit card or also via bitcoin and USDT. дальше »
2020-3-20 02:20 | |
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Maduro Orders Venezuelan Bank Closures Amid Coronavirus Scare
In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil. дальше »
2020-3-19 19:00 | |
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Ripple Partners with DeeMoney to Power Faster and Cheaper Cross-Border Money Transfers
Coinspeaker Ripple Partners with DeeMoney to Power Faster and Cheaper Cross-Border Money TransfersRipple's partnership with DeeMoney is set to enter the second phase. DeeMoney is currently the only fintech firm with a funds transfer license from the Thai Central Bank. дальше »
2020-3-20 18:45 | |
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Jack Dorsey’s Square Gains ‘Conditional Approval’ From FDIC To Launch A Bank In 2021
Square, a financial service and merchant aggregator, received a formal conditional approval from the Financial Depository Insurance Corporation (FDIC) to launch its bank, Square Financial Service. The bank is chartered as an Industrial Loa Company (ILC) with a prospective launch date in 2021 to be announced. дальше »
2020-3-19 18:00 | |
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