Bitcoin Is the Fraud? JPMorgan Metals Desk Fixed Gold Prices for Years
JPMorgan back in the dock for precious metals trading fraud Go to Source Powered by WPeMatico
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BIS Economist Proposes DLT-Based Financial Market Monitoring
Raphael Auer, an economist at the Bank for International Settlements, has suggested new ways of supervising financial risks with DLT Go to Source Powered by WPeMatico
Bitcoin Is a Hedge Against Gov’t ‘Fiscal Irresponsibility’ — Analyst
“Crypto has been created for such a time as this,” says Point72 veteran Travis Kling Go to Source Powered by WPeMatico
At Least 19 Central Banks Give Way to Monetary Easing As Economy Slows
In a coordinated fashion, more than 18 central banks worldwide have or plan to cut interest rates, sparking a domino effect of monetary easing. It’s been 10 years since the world has seen central planners orchestrate such harmonization in an attempt to save the economy from a deep recession. Also Read: Money and Democracy: Why … Read more
Germany’s Largest Bank Joins JPMorgan’s Blockchain Network
Deutsche Bank joins JPMorgan’s blockchain-based platform IIN, expanding the network up to 320 members Go to Source Powered by WPeMatico
Crypto Facilitates Money Transfer for Restricted China
Crypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal to send or receive over $50,000 in fiat money without government permission. Restrictive banking regulations, international trade wars, and a surveillance state in the midst of political unrest mean that transferring money can … Read more
Big Banks Won’t Touch Crypto Clients – But These Smaller Banks Will
Cryptocurrencies undoubtedly bring new business opportunities. The expanding industry around digital assets and its customers need more and more services that traditional sectors can provide. Banking is often a bottleneck in the crypto space as most traditional institutions are still reluctant to get their feet wet. Smaller banks, however, are more willing to occupy this … Read more
Venezuela: New Bitcoin Trading Record as Biggest Bank Embraces Petro
Venezuelan banking customers could soon get a Petro wallet Go to Source Powered by WPeMatico
Alfa-Bank Launches Bank-as-a-Service Platform on Waves Blockchain
Alfa-Bank and X5 Retail Group partnered to launch a blockchain liquidity management service in Russia Go to Source Powered by WPeMatico
Greta Thunberg Joins Satoshi in Questioning Bank Bailouts
Saving planet Earth is a noble goal with many different dimensions. Climate change needs to be addressed vigorously as our world warms up faster than ever. Economic development needs a higher degree of financial freedom to provide everyone access to opportunities and wealth. A teenager from Scandinavia, dubbed a “next generation leader,” has once again … Read more