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Coronavirus Puts World’s Financial Hubs At Risk Due to Centralization
Global banks around the world are stepping up their efforts as the Coronavirus outbreak spreads to London, New York City, and elsewhere. Would we be less at-risk if our financial systems were not so centralized? Decentralization is usually considered to be the rallying characteristic that brings the entire blockchain space together. дальше »
2020-3-8 16:29 | |
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Stimulus, QE, Rate Cuts: Coronavirus Fuels Central Banks’ Monetary Easing Policy
The world has been focused on the coronavirus outbreak that’s claimed 105,612 cases and 3,562 deaths to date. The pandemic has caused government leaders to react and central banks are breaking out tools from their arsenal of monetary easing schemes. дальше »
2020-3-8 02:40 | |
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The Dow Crashed on Friday Because Fed Credibility Is ‘Eroding’
The Dow Jones crashed in the week's final session as stock markets grew more concerned that central banks can't combat the coronavirus. The post The Dow Crashed on Friday Because Fed Credibility Is ‘Eroding’ appeared first on CCN.com дальше »
2020-3-7 23:15 | |
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Is Crypto the Answer to Australian Banks Invading User Privacy?
Reports are emerging of Australian banks demanding customers complete detailed invoices over their use of funds as a condition for honoring transactions. Time for crypto to take over completely? Australian Banks are Now Asking Invasive Questions Crypto reporter and analyst Alex Saunders has noted that he is receiving reports that banks are now demanding customers to explain what their money will be used for before honoring withdrawals. дальше »
2020-3-7 21:18 | |
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India: Bitcoin's $870,000 weekly P2P volume sets stage for crypto-resurgence
On 4 March, the Supreme Court of India ruled that the ban imposed by the country's central bank, the Reserve Bank of India [RBI], on banks working with cryptocurrency service providers was "unconstituThe post India: Bitcoin's $870,000 weekly P2P volume sets stage for crypto-resurgence appeared first on AMBCrypto. дальше »
2020-3-5 17:30 | |
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South Korea Passes Milestone Regulation, Exchanges to Work with Banks for Real-Name Accounts
South Korea’s National Assembly has just passed regulations that will result in a ‘restructuring of cryptocurrency exchanges. ’ The ramifications of the new laws are enormous, resulting in mandating real-name accounts on exchanges as a means to curb money laundering. дальше »
2020-3-5 15:10 | |
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Bitcoin ATM: Everything you Need to Know About Them
A Bitcoin ATM is a kiosk or a physical access point that enables buying or selling of Bitcoins using physical cash. Instead of interacting with the centralized servers of banks, the ATM service providers enable buy/sell of specific cryptocurrencies, which can be used as a medium of exchange globally. дальше »
2020-3-7 09:11 | |
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Cryptocurrency Growth Could Be Spurred by 2020 Economic Stimulus Efforts
The central banks of the world are scrambling to keep their economies from collapsing as Coronavirus fears spread quicker than the virus itself. Yesterday’s rate cut by the Federal Reserve is the first of many stimulus measures that could be a boost for cryptocurrency adoption. дальше »
2020-3-5 04:10 | |
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The Markets Were Already Vulnerable, Then Came Coronavirus
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. дальше »
2020-3-4 13:00 | |
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India: Cryptocurrency trading using banks allowed as SC holds RBI circular 'unconstitutional'
The Supreme Court of India on 4 March announced its Judgment in the 'Crypto v. RBI'case. The apex court has deemed the banking ban levied by the central bank of India as unconstitutional. Crypto KanoThe post India: Cryptocurrency trading using banks allowed as SC holds RBI circular 'unconstitutional' appeared first on AMBCrypto. дальше »
2020-3-4 09:18 | |
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India: Supreme Court Quashes RBI’s Crypto Ban; Crypto Now Legal in India
In a landmark ruling, India’s apex court – the Supreme Court of India – on March 4, 2020, ruled against the Reserve Bank of India’s (RBI) April 2018 diktat that prohibited banks from trading in virtual currencies such as Bitcoin (BTC). дальше »
2020-3-4 09:00 | |
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CBDCs, Stablecoins, and Tokenziation: Banks Increasingly Acknowledging Decentralized Tech
Several reports have been released in recent months suggesting that financial institutions are moving towards a cashless society — one built on top of decentralized technologies and central bank digital currencies. дальше »
2020-3-4 08:10 | |
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Coronavirus Concerns Force Fed to Slash Interest Rates
The Federal Reserve has done something that won’t sit well with the American public. Suddenly cutting interest rates due to the coronavirus is very telling of what is about to happen. It was to be expected, but banks are feeling a lot of pressure. дальше »
2020-3-4 07:00 | |
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YouHodler Review 2020 – Pros & Cons, Features and Security
YouHodler is another crypto lending platform that is gaining a lot of exposure and popularity in the last couple of months. YouHolder is mirroring lending and borrowing business model from traditional banks: you can earn interest rate (of up to 12% on certain coins) or borrow money by putting up crypto assets as collateral with […]The post YouHodler Review 2020 – Pros & Cons, Features and Security appeared first on CaptainAltcoin. дальше »
2020-3-4 03:39 | |
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NetCents to expand white-label crypto banking solution within Europe
NetCents, a cryptocurrency payments technology solutions provider, announced that it is expanding its global presence with a defined growth plan for its operations in the European Market. The company is negotiating with multiple European banks in the development of two specific outcomes: 1) facilitating the ability to service its growing European merchant-base to support transaction growth; […] CryptoNinjas: NetCents to expand white-label crypto banking solution within Europe дальше »
2020-3-5 21:19 | |
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Binance Inks Deal with Turkish Bank Akbank for Direct Lira Transfers
Binance, a leading cryptocurrency exchange in terms of trading volume and users, has announced its partnership with Turkey’s Akbank, one of the largest banks in the Western Asian nation. The alliance makes Akbank the first lender ever to directly integrate with Binance and it will also allow users to deposit and withdraw the Turkish liraRead MoreRead More. дальше »
2020-3-3 18:00 | |
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95 Barclays Branches Shut Down by Greenpeace Activists
“Banks are just as responsible for the climate emergency as the fossil fuel companies they fund, yet they’ve escaped scrutiny for years. We’ve shut down branches across the country to... The post 95 Barclays Branches Shut Down by Greenpeace Activists appeared first on Trustnodes. дальше »
2020-3-5 16:42 | |
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What consumer-need can a CBDC address?
The digitalization fever, driven by technological advancements and decline in cash usage, has caught the central banks around the globe as they now look to cautiously approach and explore the use caseThe post What consumer-need can a CBDC address? appeared first on AMBCrypto. дальше »
2020-3-2 13:30 | |
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Negative Interests Rates Becoming the Norm; Bitcoin Doesn’t Punish Savers
A relatively new economic stimulus intended to promote growth is fast becoming the norm around the world. The proliferation of negative interest rates at central banks in Europe and Japan makes an increasingly strong case for Bitcoin. дальше »
2020-2-29 01:00 | |
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Avanti promises to bring Bitcoin ethos to banking
As the famous inscription on the genesis block foretold, Bitcoin has come to represent an existential threat to banks. Now Wall Street veteran Caitlin Long is promising to reinvent banking in the image of cryptocurrency. дальше »
2020-2-28 18:00 | |
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Why Banks Aren’t Banking Your Crypto Startup
The compromised reputation of the crypto industry is the main obstacle for the banking sector’s integration into the space
дальше »2020-2-29 17:08 | |
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Roger Ver Bashes Bitcoin Maximalists For Being Only Interested In Pumping Its Price
Cryptocurrencies have been proven effective in cutting the costs and all the hassle involved in dealing with traditional banks using fiat currencies. Besides that, cryptos like Bitcoin have come up as viable options to resisting government control of money circulation. дальше »
2020-2-28 00:52 | |
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UAE: Moody’s Rates Dubai’s KYC Blockchain Platform “Credit Positive”
According to a report by The National published on February 26, 2020, a recently formed consortium of six banks and licensing authorities in the UAE has been declared “credit positive” for lenders in the country by Moody’s Investors Service. дальше »
2020-2-27 18:00 | |
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It’s Going to be the Competition of Currencies, Not Technology: Anthony Pompliano
Bitcoin proponent and co-founder of Morgan Creek Digital, Anthony Pomplaino in his recent interview with CNN's Julia Chatterley talked about central banks increasingly considering issuing their own digital currencies. дальше »
2020-2-26 17:53 | |
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Lebanese Turn to Bitcoin During Economic Crisis
Bitcoin has seen a massive rise in popularity among the Lebanese this year, especially after the country’s banks imposed rigid capital controls to contain economic fallout. Trust in Lebanese Banks...The post Lebanese Turn to Bitcoin During Economic Crisis appeared first on Crypto Briefing. дальше »
2020-2-26 01:14 | |
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Lebanese People Turn To Bitcoin As Faith In Local Banks Erodes
Just a few centuries ago, governments bowed to the people’s pressure to separate religion from the state. However, there are still areas of importance that still trouble people because governments are still involved. дальше »
2020-2-26 23:36 | |
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Is A Fed-Controlled Digital Dollar A ‘Win’ For the Public; Will it Pave Way For Faster Payments?
Central banks around the world are assessing the benefits of issuing a state-controlled digital currency after China announced that it is close to launching its digital yuan and Facebook launching Libra. дальше »
2020-2-26 22:35 | |
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Bitcoin Halving Will Drop Inflation Rate Lower Than Central Banks’ 2% Target Reference
When Satoshi Nakamoto invented Bitcoin, the creator designed the protocol to be an inflationary currency, one that is predictable as bitcoin’s inflation always decreases every four years. Today, 77 days before the reward halving, BTC’s inflation rate is around 3. дальше »
2020-2-26 02:45 | |
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BoE’s Chief: It Is ‘Absolutely Important’ To Consider Central Bank Digital Currencies
Sarah John, the chief cashier at the Bank of England, has stated that it is imperative that central banks in the world consider researching and supporting digital currencies before it is too late for them, Telegraph UK reports. дальше »
2020-2-25 20:33 | |
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Bank of England Executive Supports Calls for CBDC Issuance
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. дальше »
2020-2-25 20:00 | |
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Bank of England exec highlights need to consider digital currencies as options
Facebook's Libra sparked a heated conversation on stablecoins and central bank digital currency [CBDC] issuance across the globe and as a result, several central banks have jumped into the conversatioThe post Bank of England exec highlights need to consider digital currencies as options appeared first on AMBCrypto. дальше »
2020-2-25 18:25 | |
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Bitcoin doesn't have to be deemed legal tender to succeed
From the time Bitcoin gained public attention in 2017, reaching its all-time high of $20,000, to Facebook announcing the launch of Libra in 2019, central banks across the globe are fearing the implicaThe post Bitcoin doesn't have to be deemed legal tender to succeed appeared first on AMBCrypto. дальше »
2020-2-24 15:00 | |
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New EU Law Will Make it Impossible for Banks to Ban Cryptocurrency-Related Transactions
The Fifth Anti-Money Laundering Directive (AMLD5) will soon go into effect and it will inadvertently boost the cryptocurrency industry in the EU. Under the new directive, cryptocurrency-related companies will be treated like any other business. дальше »
2020-2-23 15:23 | |
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Bitcoin Will Have an Inflation Rate Lower Than Most Central Banks After Halving
After Bitcoin’s halving event in May, its inflation rate will drop to just 1. 8% annually. That puts it far lower than most inflation targets by central banks. Bitcoin (BTC) has often been discussed as a tool to combat inflation. дальше »
2020-2-23 07:14 | |
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J.P. Morgan Report: The Rise of Digital Money is Here
One of the most respected investment banks, J. P. Morgan, has issued a report that confirms their belief in the digital currency revolution. The launch of JPM Coin was met by surprise from the crypto community following the firm’s managing director’s controversial remarks regarding Bitcoin. дальше »
2020-2-23 06:00 | |
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‘The Banks Are Broke’: This Viral Video From 2013 Is More Relevant Than Ever
A 2013 video depicting a EU minister's tirade against the global banking system has gone viral and it's more relevant now than ever. The post ‘The Banks Are Broke’: This Viral Video From 2013 Is More Relevant Than Ever appeared first on CCN.com дальше »
2020-2-23 18:00 | |
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China's banks continue to embrace blockchain despite scalability, usability concerns
The world of regulators has been itching to regulate cryptocurrencies and device a solution to avoid any economic "threat" that comes with it. Development announcements made by countries like China, SThe post China's banks continue to embrace blockchain despite scalability, usability concerns appeared first on AMBCrypto. дальше »
2020-2-22 12:36 | |
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This Chinese Whale Lost $45 Million in Bitcoin and BCH Overnight: How it Happened
One of the rallying cries Bitcoin’s most fervent advocates use to promote the cryptocurrency is “become your own bank.” Indeed, this nascent technology allows you to complete the basic functions of modern banks: receive transactions, store capital, and send transactions (and also verify/process transactions if you want to become a miner). While many libertarians see... дальше »
2020-2-22 08:19 | |
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There is no Official Deal Between RippleNet and Bank of America
One often heard comment is how no banks will ever use Ripple or XRP. The recent RUMORED addition of Bank of America to RippleNet seems to change that narrative significantly. The RippleNet ecosystem connects hundreds of banks and financial service providers around the globe. дальше »
2020-2-22 06:00 | |
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RippleNet Welcomes Bank of America as its Newest Member
One often heard comment is how no banks will ever use Ripple or XRP. The recent addition of Bank of America to RippleNet seems to change that narrative significantly. The RippleNet ecosystem connects hundreds of banks and financial service providers around the globe. дальше »
2020-2-22 06:00 | |
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Crypto Needs Central Banks’ Pegged Fiat Currency to be Stable: Former ECB Benoit Coeure
Benoit Coeure, current head of Innovation Hub at the Bank of International Settlements (BIS), has today said in an interview with CNBC he is confident central banks partly hold the future of cryptocurrencies. дальше »
2020-2-21 00:08 | |
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