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Banks Turn Away Customer Deposits due to Negative Interest Rates in Germany


Banks in Germany are reportedly turning customer deposits away due to the negative interest rate imposed on them by the European Central Bank (ECB). Some banks are even offering online tools to help customers take their deposits elsewhere. Negative Interest Rates Imposed by ECB Force Banks to Turn...

India's Warren Buffett Is Against Bitcoin Too, ECB Aims At Diem + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Regulation news Indian billionaire investor Rakesh Jhunjhunwala, sometimes referred to as India’s Warren Buffett, told CNBC that the country’s...

New Bitcoin Trust, ECB Might Limit Digital Euro Holdings + More News


Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investing news US-based major crypto lending and trading company BlockFi announced the launch of the BlockFi Bitcoin Trust, an investment vehicle...

Europeans Warn ECB Not To Mess With Privacy in Digital Euro


Over 40% of Europeans who participated in a recent consultation want a digital euro to ensure privacy protection – a suggestion that EU citizens will not take kindly to a digital currency that involves Big Brother-like monitoring of their transactions by central bankers. These were the findings...

ECB President Attacks Bitcoin Again As Digital Euro In Works


Christine Lagarde. After claiming that bitcoin (BTC) is highly volatile, illiquid and speculative, Christine Lagarde, President of the European Central bank, now called for global regulation of this most popular cryptocurrency. “(Bitcoin) is a highly speculative asset, which has conducted some...

The EURST Stablecoin Set the Path That Major Central Banks Now Want to Follow


From Asia to Europe, major central banks all around the world are expected to announce their own digital currencies soon. This is vindication that stablecoins like EURST are on the right path forward, and they can serve to show how national economies should reinvent themselves following the current...

ECB: Private Sector Can Help with ‘Intensifying’ Digital Euro Project


The European Central Bank (ECB) has once again opened the door to some form of private-sector collaboration as it “intensifies” its work on the digital euro – a central bank digital currency (CBDC) for Eurozone nations. Per an official release, the ECB, the bank’s Governing Council has declared...

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