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The Multi Trillion-Dollar Stimulus Package: These Are the US Corporations Begging for Bailouts
23.3.2020
The coronavirus outbreak has caused considerable damage to the global economy and this week the U.S. is facing the onslaught of the scare. As Republicans and Democrats battle in congress over a 2020 stimulus plan, corporate industries are leaping at the chance to get a bailout. While the Fed tosses...
Coronavirus Bailouts: US Banking Watchdogs Waive Hundreds of Regulations, Red Tape, Financial Oversight
23.3.2020
In 2019, cryptocurrency and blockchain businesses saw more regulation than any year prior. G20 finance ministers, central bank governors, and regulators cracked down hard on the bitcoin industry. However, during the covid-19 scare, U.S. authorities have been dropping regulations on a whim, making...
Bitcoin was Designed for a Financial Crisis — So far it’s Working well
21.3.2020
Bitcoin was born from a financial crisis and now that the world enters a second crisis it's time for the cryptocurrency to prove its worth
US Real Estate in Jeopardy – Analysts Predict Housing Market Crash to 29-Year Lows
21.3.2020
As the coronavirus outbreak ravages the global economy, a number of industries are taking a bit longer to feel the brunt of the financial hardship. As individuals watch the value of their investments fall, economists believe the U.S. housing market will crash to 29-year lows amidst a looming global...
Check These Fresh Crypto Games Inspired By Financial Chaos
20.3.2020
How the Cryptoverse faces bad news? Head on and with what I imagine is a maniacal laugh. If one thing this community doesn't ever have enough of, even in the darkest of days - especially in the darkest of days - is jokes. And it's never too soon for one. Or many.
The crypto community has faced...
Ripple’s Korean Partner Sentbe Praises Company for Enabling Financial Inclusion of Migrant Workers
20.3.2020
Ripple is arguably one of the most advanced crypto-blockchain projects in the world, partnering with more than 200 banks and other financial institutions across the globe. One of the major countries of focus for Ripple has been South Korea, which itself is among the fastest-growing blockchain hubs...
Huobi University Principal Says Without 2020 Financial Crisis, There Is No Blockchain Boom
20.3.2020
During a live broadcast, Huobi University Principal commented that without 2020 financial crisis, there is no blockchain boom
Scramble for Dollars: Emergency Cash Injections in $250 Trillion Global Debt Place the Fiat Ponzi On Ventilator
19.3.2020
The last few weeks of global hysteria has shown there’s been a mad dash for dollars and various fiat currencies. Moreover, central banks have tried to quell cash liquidity issues by injecting trillions into the hands of private banks and hedge funds worldwide. As the financial system shudders...
Tax Expert: IRS Crypto Question ‘Unconstitutional,’ Card Points, Flyer Miles Could Be Virtual Currency
19.3.2020
While its well-known that the revised Schedule 1 form for U.S. taxpayers now contains a question about cryptocurrencies, what is lesser discussed are the legal ramifications this may have for filers who answer incorrectly. The vague nature of the yes or no inquiry has one tax expert doubting...
Payments Unicorn Square Gets Limited Bank Charter for Merchant Lending
18.3.2020
Square Financial Services was given conditional approval by the FDIC Board for an Industrial Loan Company bank charter on Wednesday
DeFi on Bitcoin: The Time Has Come for Decentralized Finance to Run on top of Bitcoin´s Network
18.3.2020
The main aim behind DeFi (decentralized finance) is to create a financial service ecosystem that’s open-source, permissionless, transparent and functioningContinue Reading
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Coronavirus Financial Crash Is Bitcoin’s Biggest Test, BitMEX Says
18.3.2020
Bitcoin now faces its biggest test in the form of global coronavirus financial market crash, BitMEX Research says
PayPal’s Financial Crimes Division Is Seeking a Blockchain Expert
18.3.2020
The payments giant is seeking a blockchain expert to help identify use cases for the tech in the prevention of financial crimes
4 Financial Giants Launch Blockchain-Based Tech Platform + More News
18.3.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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Clearstream, Credit Suisse Asset Management, the Luxembourg Stock Exchange, and Natixis Investment Managers have...
China Everbright Bank Uses Ant Financial’s DLT for Supply Chain Finance
18.3.2020
China’s major commercial bank, China Everbright Bank, has deployed a blockchain-based supply chain finance solution by Ant Financial
Canada’s Financial Crimes Watchdog Gets Ready for FATF Compliance
18.3.2020
Canada’s financial crimes watchdog is preparing to implement its broad new virtual currency oversight powers ahead of the Financial Action Task Force’s June 2020 deadline
Interest in BTC Futures Drops Amid Discussions of Financial Market Closure
18.3.2020
Despite record-high volatility in bitcoin (BTC), derivatives traders appear to be pulling money out of the market, while a “rush to cash” becomes the overarching theme for the financial markets. The moves in bitcoin follow major volatility in the traditional financial markets, where some of...
Wave Financial to Tokenize $20M Worth of Bourbon for New Whiskey Fund
18.3.2020
Whiskey barrels usually increase in value as they go further down the ageing process
Akon’s Crypto Project Adds Financial Infrastructure Outfit Delchain As Partner
17.3.2020
Akoin, a crypto project of famous singer Akon, partners with Delchain to bolster expertise prior to token generation
European Financial Institutions to Launch Blockchain Investment Platform
17.3.2020
European financial institutions including the Luxembourg Stock Exchange and Credit Suisse have launched an Ethereum-powered investment fund platform