Tag: Bank
German central bank comes out in favor of Facebook’s Libra
The president of Germany’s central bank, Bundesbank, has urged his G7 counterparts not to prematurely condemn Facebook’s Libra, the digital currency and alternate financial...
EU Central Bank: Crypto Not A Currency
The European Central Bank (ECB) opened up about cryptocurrency and said it wouldn’t recognize it as an actual currency, according to reports. The bank also...
Like Libra, Wala also tried to “bank the unbanked.” It failed
The collapse of a blockchain payments startup looking to serve the “unbanked” doesn’t bode well for other companies with similar plans, like, well, Facebook. ...
Bank for International Settlements’ Head Augustin Carstens Reverses Opinion to Favor Cryptocurrency
Augustin Carstens, the head of the Bank for International Settlements (BIS) recently actively supported the creation and issuance of digital versions of national...
Bitcoin Tumbles To 10-Day Lows As Major Korean Bank Clamps Down On Crypto-Linked Accounts
Bitcoin prices have accelerated lower overnight, breaking below the $11,000 level and falling to 10-day lows.
Bitcoin is leading the charge lower but the rest...
New Privacy Leaks by Ford, TD Bank, and Others Highlight Need for Decentralized Money
There have been a recent rash of data leaks among prominent companies, such as Ford, TD Bank, and Desjardins which highlight the advantages...
Russian Central Bank Eyes Gold-Backed Crypto
Authored by Alex Kimani via SafeHaven.com,
First there was Tether; a controversial dollar-backed cryptocurrency by crypto exchange firm, Bitfinex. Then came Petro, the industry’s first...
Crypto And The (Lack Of) Bank Funding Conundrum
All businesses need capital to survive. That is especially true for embryonic firms with untested business models or products or...
Crypto traders get access to FDIC-insured accounts through Safra Bank
The risky world of cryptocurrency trading may soon be getting appreciably less risky—at least when cash is involved. SFOX, a San Francisco-based cryptocurrency prime...
Over 1 Million Britons Do Not Have a Bank Account, Cash Usage Still Very...
A recent report revealed that 1.2 million Britons do no have bank accounts and Bank of England research shows that 2.2 million Britons...
