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Passing the Burden of Negative Rates to Bank Clients Opens Door for Cryptocurrencies

August 17, 2019 by DIGIT
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Passing the Burden of Negative Rates to Bank Clients Opens Door for CryptocurrenciesRecord low and negative interest rates have put commercial banks in a difficult spot. Across Europe, they have been passing the burden to their clients. Some have introduced fees for those with large account balances, while others are punishing everybody equally. In any case, some bankers fear this could lead to withdrawal of large amounts […]

The post Passing the Burden of Negative Rates to Bank Clients Opens Door for Cryptocurrencies appeared first on Bitcoin News.

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Categories account holders, accounts, Bank, Banks, Clients, Credit Suisse, Customers, Danske Bank, Denmark, Fees, Finance, interest rates, negative rates, rates, Savings, Switzerland, UBS
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  • ethereumEthereum(ETH)$2,945.50-0.79%
  • tetherTether(USDT)$1.00-0.01%
  • binancecoinBNB(BNB)$847.810.40%
  • rippleXRP(XRP)$1.86-1.06%
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  • solanaSolana(SOL)$122.69-1.33%
  • tronTRON(TRX)$0.281027-0.57%
  • staked-etherLido Staked Ether(STETH)$2,943.81-0.83%
  • dogecoinDogecoin(DOGE)$0.128278-0.87%