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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...
Dark Days Expected as Bank of St. Louis Head Says US Unemployment Could Reach 30%
23.3.2020
The global economy is apparently going down rapidly, but if we go by the fresh news coming from the US, the worst days are still to come. As per a report published by Bloomberg, James Bullard, chief of the Federal Reserve Bank of St. Louis, has predicted that the unemployment rate in the United...
Silvergate Bank Clients Experience Money Transfer Issues from Fedwire
23.3.2020
Cryptocurrency-friendly Silvergate Bank has had problems with clients being unable to transfer funds to the platform since Friday
Tim Draper Wants to Invest in the Coming Crypto "Renaissance" in India
23.3.2020
Tim Draper believes that India’s crypto sector is on the edge of a “renaissance” following the Supreme Court’s reversal of the RBI ban
Bank of China Continues Anti-Crypto Narrative on WeChat
22.3.2020
Bank of China continues to voice its distaste for crypto and urges the public to pay attention to scams
Zimbabwe U-Turns on Crypto, Looking to Stabilize Local Economy
22.3.2020
Zimbabwe’s central bank is working with crypto and fintech companies to leverage the country’s emerging digital economy amid crippling hyperinflation and currency instability
IMF Weighs the Pros and Cons of a Central Bank Digital Currency
22.3.2020
Tao Zhang, an IMF leader, details the pros and cons of a central bank digital currency, as well as a hybrid solution
Indian Government Engages RBI to Discuss Cryptocurrency Regulation
21.3.2020
The government of India is reportedly discussing a regulatory framework for cryptocurrencies with the central bank, the Reserve Bank of India (RBI), and the Securities and Exchange Board of India (SEBI). Furthermore, the government is awaiting the outcome of another cryptocurrency case at...
1.2 Million Italians Can Now Buy Bitcoin From Their Bank
21.3.2020
Buying bitcoin just got easier for Italians. The country’s mobile bank Hype has announced a partnership with fintech Conio, enabling customers to buy, sell, and securely store BTC from within their banking app. With over a million Italians choosing to bank with Hype, and 60,000 new customers...
STO Platform’s Registration with Traditional Bank Helps Move Security Tokens Forward
21.3.2020
In partnership with payment outfit Lemonway, Blockpulse has registered with the ACPR Bank of France
Fed Stands Ready to Replace Infected Greenbacks With Clean Bills
20.3.2020
The Fed doesn’t plan to destroy banknotes as China did, but it has a stockpile of fresh greenbacks should it need to replace what’s in circulation
Italian Bank to Offer Bitcoin Trading Services to 1.2m Customers
20.3.2020
Hype mobile banking platform by Banca Sella. Could the coronavirus outbreak be the jolt that drives the traditional banking sector and the cryptocurrency sector together?
In Italy, there are suggestions that this is already the case, with Banca Sella preparing to launch bitcoin trading services...
80% of Australians Know About Crypto but Only 1% Use It: Central Bank Study
20.3.2020
Fewert than 1 percent of surveyed Australians paid for consumer goods with cryptocurrency in 2019, according to a new study by the Reserve Bank of Australia
Key Government Figure Says Japan Needs a Digital Yen — and Fast
20.3.2020
According to a key figure in the Japanese Government, the Asian nation should quickly launch its own digital currency
Italian Bank Opens Bitcoin Trading to 1.2 Million During Lockdown
20.3.2020
Growing crypto adoption and the COVID-19 outbreak encouraged Italy’s Banco Sella to launch a Bitcoin trading service
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...
Maduro Orders Venezuelan Bank Closures Amid Coronavirus Scare
19.3.2020
In order to combat the coronavirus outbreak in Venezuela, President Nicolás Maduro has ordered the entire country to quarantine themselves. With an inflation rate that rises more than 10,000% per year, the country’s citizens have already been dealing with economic turmoil. Maduro...
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
BitMEX Report: Issuance of CBDCs May Lead to Inflation
18.3.2020
BitMEX Research suggests that the issuance of the CBDC will lead to inflation as the last lever on the banks’ ability to create money will be lifted