Tag:Banks

IMF: Risk of substitution of domestic money by central banks’ digital currencies

Central banks around the world began looking closely at the issuance of their own digital currencies, known as CBDCs, following the announcement last year...

7 Of The World’s Most Powerful Banks Are Preparing a New digital Currency

Systemic central banks' interest in cryptocurrencies is nothing new, however, the COVID19 pandemic and increasing mobility from mega-technologies (see Facebook with Libra) seem to...

US Banks Can Now Open Bitcoin Accounts? Is This a Good Thing?

Do you remember what was said by the banks against cryptocurrencies? That it's nothing worth talking about or even fraud? Get ready to hear...

Crypto Firm That Connects Exchanges and Banks Receives $5m Investment From Wells Fargo

Cryptocurrency startup Elliptic recently held a Series B funding round which was joined by a venture arm of Wells Fargo & Company. According to...

The European Central Bank’s found a way to keep the digital euro private

Central bank digital currencies—cryptos issued by central banks of nation-states—are kind of scary. While the prospect of sending money around the world cheaply and...

China central bank official says commercial banks should step up blockchain application

SHANGHAI (Reuters) - Commercial banks should step up their application of blockchain technology to embrace digital finance, a Chinese central bank official said on...

Stanford Prof: Crypto Will Rain On Banks’ Low-Interest Rate Parade

Authored by Marie Huillet via CoinTelegraph.com, A professor at Stanford Graduate School of Business says cryptocurrencies will put an end to the windfall that banks...

Economist: Central Banks Will Create Own Crypto

Mark Cliffe, chief economist at Dutch financial service firm ING, said central banks around the globe will have “fully fledged” cryptocurrencies in a matter...

Latest news

How Enterprises Could Capitalize On The Rise Of NFTs

In times past, creatives and other professionals had problems monetizing their work. They had to be part of a...
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Why Blockchain is the Foundation of the Healthcare Industry

The fast-paced development of technology is empowering mankind to an enormous extent. Undoubtedly, the onset of the 21st century...

New York Senate Passes Bill to Stop Bitcoin Mining In The City

The New York senate has just passed a bill that restricts Bitcoin mining. It also restricts granting Bitcoin mining...

Must read

How Enterprises Could Capitalize On The Rise Of NFTs

In times past, creatives and other professionals had problems...

Why Blockchain is the Foundation of the Healthcare Industry

The fast-paced development of technology is empowering mankind to...