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Buy Coins with USD on BitMart “Quick Exchange”, Get Up to 50% Cash Reward!
BitMart, a premiere global digital asset trading platform, recently launched its fiat channel – Quick Exchange. Users will now be able to buy coins with No funding fees along with their US bank accounts just in minutes! “Quick Exchange” is a service for registers to link their bank accounts to transfer USD directly from banks […] The post Buy Coins with USD on BitMart “Quick Exchange”, Get Up to 50% Cash Reward! appeared first on CCN.com дальше »
2019-10-3 21:21 | |
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The EU Needs to Launch a Cryptocurrency, Says deVere CEO Nigel Green
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. дальше »
2019-10-4 19:00 | |
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Trump Pressures Fed for More Rate Cuts as Mega Banks Drain the Balance Sheet
U. S. President Donald Trump is pressuring the central bank to cut interest rates even further as a spike in oil prices has offset the Federal Reserve’s ‘normalization’ tactics like rate-cutting and overnight repos. дальше »
2019-10-3 00:45 | |
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Bitcoin Price to Hit $90,000 After May 2020 Halving, Predicts Germany’s Top Bank
Coinspeaker Bitcoin Price to Hit $90,000 After May 2020 Halving, Predicts Germany’s Top BankOne of Germany’s biggest banks has joined the already bullish Bitcoin community, with a forecast which puts BTC price at a record high by next year. дальше »
2019-10-2 12:46 | |
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Facebook Crypto Libra Crumbling as Visa, Mastercard Consider Quits: Report
Facebook’s cryptocurrency Libra has been in hot water ever since the social media giant released the whitepaper earlier this year. Central banks and governments across the globe have put together a concerted effort against Libra, putting Facebook executives in the dock time and again as they fear that the social media giant is out to […] The post Facebook Crypto Libra Crumbling as Visa, Mastercard Consider Quits: Report appeared first on CCN.com дальше »
2019-10-2 11:06 | |
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How G20 Central Bank Digital Currencies Are Progressing
Central bank digital currency has become a hot topic among finance ministers and central bankers worldwide, with some G20 countries ahead of the rest on work done toward issuing their own digital currencies. дальше »
2019-10-2 04:35 | |
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Major US Banks Caution Federal Advisory Council Against Libra Becoming A ‘Shadow Banking’ System
Facebook's nascent crypto project Libra continues to run in trouble even before the actual launch. The project has managed to enrage regulators, central banks and governments around the globe, who believed Facebook was merely using the name of blockchain to start a parallel monetary system, piggy riding the existing framework in which institutions pay billions […] дальше »
2019-10-1 22:09 | |
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Top German Bank Predicts Bitcoin to Hit $90,000 After Halving, Calling It ‘Ultrahard Money’
Bayern LB, one of Germany's top banks, has published a report in strong support of bitcoin superseding gold, predicting a price of $90,000 per BTC post bitcoin's halving in 2020. Within a report entitled, "Is bitcoin outshining gold?" the bank's researchers delved into the stock-to-flow ratios of gold and bitcoin, specifically regarding the impact of […] The post Top German Bank Predicts Bitcoin to Hit $90,000 After Halving, Calling It ‘Ultrahard Money’ appeared first on CCN.com дальше »
2019-10-2 21:00 | |
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Market Outlook: A Few Cryptocurrencies Rebound While Fear Grips Central Banks
In the last 48 hours, digital currency markets have rebounded after some bearish price dips last week. After losing $35 billion in a short period of time, most crypto markets have been gradually healing and the overall market valuation of the cryptoconomy has clawed back at least 50-60% of the losses. дальше »
2019-10-1 19:35 | |
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Facebook’s Libra could give birth to a ‘shadow banking’ system, claims United States’ Federal Advisory Council
At this month’s Federal Advisory Council meeting, the United States’ biggest banks (including CEOs Rene Jones of M&T Bank Corp. , Beth Mooney of KeyCorp, and Brian Moynihan of Bank of America Corp) were asked by the Federal Reserve about their thoughts on Libra, the stablecoin proposed by social media giant Facebook. дальше »
2019-10-2 18:45 | |
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Video Shows $10M Chinese Bitcoin Mining Farm in Flames
During the early morning hours of September 30, a nine-minute video circulated on Twitter showing a large bitcoin mining farm burning down. Sources say the mining farm belonged to the company Innosilicon and roughly $10 million worth of mining rigs were destroyed. дальше »
2019-10-1 17:00 | |
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Ripple Removes ‘xRapid’ ‘xCurrent’ From Website, Pushes RippleNet Instead
The Ripple website has recently removed all mentions of its previous products, xRapid, xCurrent, as well as xVia. After years of promising value stemming from the usage of those systems, Ripple pivotes to a new approach. дальше »
2019-10-1 16:00 | |
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The Banking Industry Cashes in on the Crypto Craze
In the infancy stages of cryptocurrency development, banks were outwardly hostile towards digital currency. However, the widespread adoption of blockchain-based technology for processing financial transactions quicker, safer, and more efficiently has led to a rethinking of traditional thought processes among notable banking giants. дальше »
2019-10-1 10:59 | |
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Central Banks in Panic Mode – Extreme Tactics Like Helicopter Money Discussed
Central banks worldwide continue to inject more stimulus into the economy as they predict the onset of a new financial crisis. In the face of a sluggish economy, monetary easing, negative interest rates, and ‘normalizing’ the balance sheet is the name of the game these days. дальше »
2019-10-1 23:30 | |
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Ripple-Powered MoneyTap Adds Two New Banks, Now Totals 30
SBI Holdings’ MoneyTap now welcomes Daiwa Securities Group Inc. and Sumitomo Mitsui Trust Bank as its shareholders, bringing the total ally of financial institutions to 30. Established in March, this smartphone application is powered by the blockchain technology of Ripple that allows customers of the bank consortium to settle transactions instantly, 24 hours a day, […] дальше »
2019-10-1 23:16 | |
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SBI Holdings’ MoneyTap adds two more traditional banks to complete its list of 30 partners
Japan-based SBI Holdings currently stands as one of the most crypto-accepting financial body as it propels cross-border payments landscape through Ripple’s network. In the latest effort to maintain this trajectory, SBI’s MoneyTap initiative announced inclusion of two more traditional financial banks, Daiwa Securities Group Inc. дальше »
2019-10-1 21:32 | |
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Mohammed El-Erian Warns Investors to Take Money Off the Table Due to These Three Risks
Mohammed El-Erian has a new warning to investors: take some money off the table. In a wide-ranging interview with CNBC, El-Erian said that if he were a money manager, he would take some money from his funds at this time. дальше »
2019-9-30 20:30 | |
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Massive Layoffs: Banks Cutting Nearly 60,000 Jobs Worldwide
Banks are laying off workers across the globe as revenue declines throughout the sector. According to reports, banks have announced nearly 60,000 job cuts so far this year, with most of the layoffs happening in Europe, especially in Germany. дальше »
2019-9-30 13:08 | |
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Why Facebook & Goldman Sachs Keep Poaching Each Other’s Engineers
Some say that Silicon Valley is the new Wall Street, but could there be deeper reasons why tech companies like Facebook compete with banks like Goldman Sachs for engineers? It used to be banks that attracted the brightest. дальше »
2019-9-29 21:16 | |
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Bitcoin Is a Viable Way to Remove the State From Your Life
The last decade has seen central banks print trillions of dollars, governments grown much larger, wars continue with no end, and ordinary citizens taxed even more. Thankfully there are individuals and small pockets of people all around the world who believe something is wrong. дальше »
2019-9-30 18:30 | |
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ING Chief Economist: Central Bank Cryptocurrency Developments Will Happen in Next 2-3 Years
Mark Cliffe, chief economist of ING bank believe that central banks around the globe would move towards creating their own digital currency. Cliffe was responding to a question on when would a central bank among G20 nations can launch a full-fledged digital currency. дальше »
2019-9-28 00:15 | |
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European Central Bank Investigating Stablecoins and a Possible Digital Euro
In a letter addressed to Eva Kaili, a member of the European parliament and a well-known cryptocurrency advocate, the current president of the European Central Bank, Mario Draghi, lays down his views on cryptocurrencies and their future in the banking sector. дальше »
2019-9-28 19:53 | |
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Stablecoin regulations would need to eliminate risks regarding liquidity of underlying assets, claims IMF
As Central Banks across the world start looking into cryptocurrencies and DLT to see how feasible a fiat-backed digital currency would be, the IMF (International Monetary Fund) has now entered the conversation as well, publishing a blog post exploring the advantages of a privately issued stablecoin, one which is backed by central bank reserves. дальше »
2019-9-28 18:30 | |
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ING’s Chief Economist claims Central Banks will be moving towards developing CBDCs in the next 2-3 years
ING’s Chief Economist, Mark Cliffe, responded in the affirmative when enquired about ING’s plans of launching a digital currency during a joint event to discuss the various aspects of central bank-issued stablecoins. дальше »
2019-9-27 15:54 | |
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ING Chief Economist: Libra Accelerating Central Banks’ Crypto Plans
ING chief economist Mark Cliffe says central banks could move towards issuing digital currencies within 2-3 years, given Facebook’s Libra project
дальше »2019-9-28 15:39 | |
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European System of Central Banks [ESCB] confirms exploring crypto-assets and stablecoins to further financial innovation
The European Central Bank confirmed earlier today that the European System of Central Banks [ECSB] is looking to explore new technologies and innovations to improve the financial sector, something which is in line with their mandate. дальше »
2019-9-27 15:18 | |
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No, a Facebook Libra Delay Would Not Cause a Crypto Crash
The world’s largest social media company has faced nothing but criticism since it announced grand plans to dominate global finance markets with its own crypto coin. Red flags were raised by governments and central banks across the planet over the threat that Libra proposes to their own sovereignty. дальше »
2019-9-27 11:30 | |
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Cryptocurrency Might Be Treated as Treasure Under Russia’s Tax Code
Russia might implement an interesting tax method. Local media reported that the Association of Banks of Russia proposes a tax on cryptocurrency mining that is equivalent to the tax on found properties or treasures. дальше »
2019-9-27 11:00 | |
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Mired in crime controversy, Uber reveals new safety features
Uber revealed a number of new safety features for its app, including 911 texts, rider PIN numbers, and on-trip reporting. All of this sounds like it’s designed to help keep the rider safe, but recent reports suggest Uber is less interested in protecting the customer than it’d want you to believe. дальше »
2019-9-27 02:12 | |
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Lloyds Bank and Komgo Blockchain Platform to Automate Its Commercial Banking
Lloyds is collaborating with Komgo, a blockchain platform, to streamline trade finance. As reported by FStech on September 25, Lloyds bank, which is among the top clearing banks in the United Kingdom is looking forward to digitizing and streamlining trade finance through Komgo platform. дальше »
2019-9-26 18:23 | |
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Bakkt Bitcoin Futures Volume Might Be Dampened By Unwilling Banks
Bakkt’s launch didn’t have the firepower that most retail participants were expecting. The contract is currently running with approximately 60 BTC of volume. By close Monday, a total of 72 BTC were traded on Bakkt. дальше »
2019-9-26 17:44 | |
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Here’s how to fight back against Bitcoin-ransoming malware
Losing your data sucks. It sucks even more when someone uses ransomware to maliciously encrypt your files and demands Bitcoin to ensure its safe return. But don’t worry, because there are things you can do to get one over on the cyberbaddies. дальше »
2019-9-26 13:08 | |
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Swiss Banks Team With Fintechs to Enter the Crypto Space
Multiple joint projects between banks and crypto companies based in Switzerland now offer customers the opportunity to invest in digital assets and take advantage of banking services related to cryptocurrencies. дальше »
2019-9-25 13:00 | |
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The Cycle of Traditional Economic Manipulation is an Opportunity for Cryptocurrencies
One of the primary reasons that Bitcoin bulls are so full of hope and euphoria is the constant manipulation and complexity in global economics. Central banks are constantly changing their outlook and looking for ways to either inject or withdraw liquidity from the market. дальше »
2019-9-25 23:00 | |
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Central Banks Can’t Deny Bitcoin amid Recession; Here’s Why
It is difficult for central banks and governments to deny and ban bitcoin amid a recession, according to prominent market analyst PlanB. The Twitterati on Tuesday said the cryptocurrency needs to show a negative correlation with the macroeconomic market: such that the value of one variable increases while the other decreases. дальше »
2019-9-25 16:00 | |
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Swiss Investor at Sygnum Reflects on Cryptocurrencies as an Opportunity for Banks
Peter Wuffli, a Swiss banker who has worked at UBS as CEO for several years, spoils his vision of the cryptocurrency ecosystem and his new role at Sygnum in an interview published by finews, September 23. дальше »
2019-9-24 01:00 | |
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UBS Former CEO: Big Banks Are Interested In The Blockchain Technology
Peter Wuffli, the former CEO of UBS, an international bank based in Switzerland, has recently affirmed that the crypto market is attracting the attention of large banks because of the advent of regulated actors. дальше »
2019-9-24 23:25 | |
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R3, Infosys, and Banks Trial Blockchain-Based Trade Finance System
Infosys, an Indian corporation that provides banks with universal digital banking solutions, has partnered with financial institutions across 19 countries to trial R3’s distributed ledger technology (DLT) based solution for trade finance, reports livemint, September 23, 2019. дальше »
2019-9-24 23:00 | |
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JPM Coin: Major South Korean Banks Join JPMorgan Blockchain Project
Five major banks in South Korea have joined the Interbank Information Network (IIN) — JPMorgan’s blockchain payments project. This news further increases the Asian presence in the IIN initiative. дальше »
2019-9-23 13:00 | |
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