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Credit Suisse Is Latest Bank to Charge Clients for Cash Deposits


In a normal world savers are expected to receive compensation for giving their money to the bank. Instead, due to negative interest rates, we are now seeing more financial institutions actually charging their clients for fiat cash deposits, with Credit Suisse the latest big bank to join in on this...

Banking Giant HSBC Set to Fire 10,000 More Employees


The banking sector continues to suffer drastic layoffs as the global economic outlook remains uncertain. The latest financial institution reported to be set for cutting a massive amount of workers is HSBC, which has already announced firing thousands of people just a few weeks ago. Also Read:...

Former Giant YouTuber Michelle Phan is Now a Bitcoin Evangelist


Michelle Phan. Source: Twitter, @MichellePhan After leaving YouTube at the height of her channel in 2015, one of YouTube’s earliest creators and most famous beauty stars, Michelle Phan, picked up cryptocurrencies as one of her most stimulating interests, finding her discovery of Bitcoin more...

Financial Giant to 'Bring Credibility' to Crypto + 14 More Crypto News


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. Trading/Investing news Morningstar Credit Ratings, a subsidiary of global financial giant Morningstar, plans to build an evaluation...

Financial Giant Fidelity Backs Bitcoin Derivatives Yield Fund


The Los Angeles-based Wave Financial has announced the launch of a bitcoin derivatives-based yield fund and Fidelity will provide custody for the fund’s BTC reserves. Wave Financial’s crypto fund commencement is part of a growing trend toward launching BTC derivatives products....

Japanese Cryptocurrency Giant BitFlyer Introduces 5 New Altcoins


The Tokyo based crypto exchange BitFlyer is incorporating new 5 altcoins to its portal in the USA and Europe. Five altcoins are added in Europe, and three in the United States. In a recent Bitwise report, bitFlyer was acknowledged as ‘Real-10’ crypto firm in a report to the U.S. Securities...

Securities Giant Monex Group Will Give Bitcoin to All Shareholders


Japanese securities firm Monex Group has announced that it will hand out bitcoin to all of its shareholders – regardless of how much stock they own in the company. Although the payout is relatively small – just 500 yen (around USD 4.67) – the company says that it will be made universally, and will...

Stock Exchange Giant Launched Crypto Platform as Bakkt Went Live Today


The second-largest stock exchange in Germany, Boerse Stuttgart, has launched Boerse Stuttgart Digital Exchange (BSDEX), which is the Germany’s first regulated trading venue for digital assets. "As of now, selected users in Germany can connect directly to the trading venue, where they can trade...

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