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Nalezeno "Banks": 4302

China to Be First to Launch Digital Currency, Says Think Tank Exec

28.10.2019
Huang Qifan of the China Center for International Economic Exchanges said that China will be the leader in forming a national digital currency

Chinese Central Bank Official Calls for Commercial Bank Blockchain Adoption

28.10.2019
A Chinese central bank official has called on commercial banks to adopt blockchain technology in digital finance

The Big Lie Perpetuated by Central Banks

27.10.2019
The central banking system controls monetary policy within a given jurisdiction, including the creation of money itself. The system is a lie and a denial of reality. The lie is political in motivation and content, and the denial of reality is rooted in culture and philosophy. Also read: Bitcoin...

Is China’s New Fascination With Blockchain Really Good for Bitcoin?

27.10.2019
Blockchain development has kind of become an element of the party line in the world’s largest officially communist state. The General Secretary of the Communist Party of China, Xi Jinping, recently told a Politburo meeting that the People’s Republic has to gain an edge in the emerging...

Cash Runs Dry at ATMs as Protests Escalate in Chile

26.10.2019
There’s a lot of unrest in Chile right now as the country has seen massive protests against government manipulation and an escalation of financial problems. Local reports detail a few banking establishments have been burned after customers started having issues withdrawing cash from ATMs....

Bahamas to Release Fiat Digital Currency to Counter Cash Dependence

26.10.2019
The Bahamas’ central bank is planning to release a national fiat digital currency to ensure the economy’s resilience in the event of a natural disaster

Coinplug Gets Support From Major Korean Banks in Its $6.4 Million Round

25.10.2019
Coinplug, a leading cryptocurrency exchange based in South Korea, has raised $6.4 million from the venture capital divisions of several local Korean firms. It was founded in the year 2013, and since then, it has been successfully operating as a crypto exchange and a Bitcoin prepaid card service...

McKinsey: Majority of Banks May Not Be Economically Viable

25.10.2019
Management consulting firm McKinsey & Company has published a global banking review and found that a majority of banks worldwide may not be economically viable. More than half of them still do not generate their cost of equity 10 years after the crisis and may not survive an economic downturn....

Stanford Prof: Crypto Will Rain on Banks’ Low-Interest Rate Parade

25.10.2019
A professor at Stanford Graduate School of Business says cryptocurrencies will inevitably upend the banking sector

Lebanon Banks' Shutdown Is ‘Most Potent Case’ for Crypto: Nassim Taleb

25.10.2019
Lebanon to keep banks closed until further notice

Major Korean Banks Back Bitcoin Startup Coinplug’s $6.4 Million Round

25.10.2019
South Korean bitcoin exchange and wallet startup Coinplug has raised $6.4 million from venture arms of major local financial institutions.

The Demand for Permissionless Freedom Is Just Getting Started

25.10.2019
Every year the world seems to be getting crazier and more people are starting to realize that it stems from oppressive government transgressions against a peaceful society. The world has noticed millions of people from France, Hong Kong, Venezuela, Indonesia and more are rising up because citizens...

Lebanese Protestors Gather at Central Bank as Financial Lockout Continues

25.10.2019
Since the beginning of widespread protests in Lebanon last week, banks and lending institutions have remained closed, fueling fears of an impending nationwide cash crisis. Attempts to assuage the concerns of suffering individuals without money or options are not proving effective, as officials...

Number of Americans Owning Crypto Doubled in 2019: Finder

25.10.2019
The number of Americans owning some form of crypto has almost doubled in 2019, according to a survey by Australia-based firm Finder

Mario Draghi Leaves European Central Bank Without Ever Raising Interest Rates

24.10.2019
Preparing for a change at the top, the European Central Bank has decided to keep interest rates on hold and at their all-time lows. Mario Draghi, who had his last monetary policy meeting as president of the ECB, is leaving after an eight-year term during which key rates were never raised. At...