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Generation QE: How Central Banks Create Money From Thin Air
11.11.2019
This year the public has seen a lot of the expansive monetary policy taking place with 37 central banks participating in monetary easing. Unfortunately, most people don’t understand the methods central banks like the Federal Reserve use to increase the money supply and never take the time...
Crypto Banks Gain Regulatory Recognition Across the Globe
11.11.2019
Traditional financial institutions are still leery about decentralized cryptocurrencies. They are only starting to explore the potential of digital assets. But a new breed of banks specializing in crypto have been working hard to take advantage of this trend and are gaining regulatory recognition...
HCM Capital Expects China’s Digital Currency to Launch in 2-3 Months
11.11.2019
China’s digital currency could launch in 2-3 months, according to HCM Capital’s Jack Lee
Tax Agencies Worldwide Plan to Crack Down on ‘Dozens’ of Crypto Tax Evaders
10.11.2019
The U.S. Internal Revenue Service (IRS) has revealed the agency is cracking down on “dozens” of cryptocurrency users evading taxes. The IRS has partnered with tax agencies from four other countries in order to make sure tax enforcement strategies are being applied across the map. Also...
Tunisia to Launch E-Dinar National Currency Using Blockchain
9.11.2019
Tunisia’s central bank digital currency will be issued and managed by Russian blockchain platform Universa
What to Expect From the Next Bitcoin Cash Protocol Upgrade
9.11.2019
On November 15, shortly after 12 p.m., Bitcoin Cash (BCH) will execute an upgrade of the network’s consensus rules. After the upgrade is locked in, the next block will enforce minimal pushdata in script and the opcodes OP_Checkmultisig and OP_Checkmultisigverify will be upgraded to accept...
QE Infinity: 37 Central Banks Participate in Stimulus and Easing Practices
9.11.2019
Since the last week of October, a great number of central banks have been slashing interest rates, joining the massive synchronization of monetary easing worldwide. This year more than two dozen banks have used easing tactics and in the last two weeks alone central banks from Costa Rica, Hong Kong...
Malaysia to Impose Cash Transaction Limit of $6K in 2020: Report
8.11.2019
Malaysia plans to impose a $6,000 limit on cash transactions in 2020
Standard Chartered Banking Group Joins Ethereum Enterprise Alliance
8.11.2019
Blockchain drive sees Standard Chartered become the latest bank to join Ethereum Enterprise Alliance
Fed Must Launch FedNow Ahead of Facebook’s Libra, Says Gov’t Official
8.11.2019
The Federal Reserve should urgently launch its own real-time payments system ahead of Facebook and Wall Street, says FTC Commissioner
Int’l Bank Regulator Is Studying Crypto Lending Capital Requirements
8.11.2019
International banking regulator the Basel Committee works to establish guidelines for handling crypto assets
Pro-Crypto Silvergate Bank Goes Public in Listing on NYSE
7.11.2019
Pro-crypto bank Silvergate Capital opens at $12.75 in first day on the NYSE in first day of public trading
7 Signs Crypto Is Breaking Through to the Mainstream [with infographic]
7.11.2019
Cryptocurrency was born as an act of rebellion against banks, fees and rules. It became popular among speculators and idealists who dreamed of decentralized digital utopias. And now that it has proved itself capable of surviving thus far, it’s attracting […]
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How Blockchain Can Help Banks to Overcome Hurdles by Using DLT?
7.11.2019
One of the most discussed topics today in the financial sector is blockchain banking. Besides, if it is fully utilized, it will empower banks to process the payments all the more rapidly and precisely by reducing the exchange processing costs and can be used in a lot of special cases. Blockchain...
ODL Will Improve People’s Attitude Towards Banks, Says Interbank’s Peruvian Emerging Technologies Head
7.11.2019
Ripple’s Swell 2019 has begun in Singapore, and the news coming from the convention seems to be exciting, to say the least. CEO Brad Garlinghouse revealed that RippleNet has crossed over 300 clients, almost entirely from the financial sector. The ongoing event is attended by various leaders...
Hong Kong Steps Up Research Into Central Bank Digital Currency
7.11.2019
The Hong Kong Monetary Authority is researching applications for a central bank digital currency and aims to publish results Q1 2020
Shanghai Gov’t Partners With 6 Banks on Blockchain Alliance for Trade
7.11.2019
Six banks and the municipal Shanghai government have founded a blockchain alliance to promote the technology’s use in the city’s e-port area
Azerbaijan to Adopt Blockchain-Based ID System in 2020
6.11.2019
The Republic of Azerbaijan plans to implement its blockchain digital ID system in Q1 2020
190 Indian Bank Locations Raided in Massive Fraud Crackdown
6.11.2019
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. Also read: State...
EU Reaffirms Potential Move to Block Facebook’s Cryptocurrency
6.11.2019
The European Union will impede the development of Libra if it judges the project to pose excessive risks