Cryptocurrency and COVID-19: Bitcoin’s Path to a Safe Haven
In the time of a global crisis caused by the coronavirus, Bitcoin has the potential to be the best option for a trusted financial instrument Go to Source Powered by WPeMatico
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Keeping Enemies Close: JPMorgan Servicing Crypto Firms Opens a New Frontier
Despite JPM’s boss being tough on crypto, the bank takes on two regulated exchanges as clients in what some are calling a “game-changer.” Go to Source Powered by WPeMatico
Digital Euro Sees First Successful Test at the Bank of France
The French central bank has announced the first successful test of a digital euro. Go to Source Powered by WPeMatico
Covid-19 Economy Fuels Faith in Crypto: Trust In Bitcoin Over Banks Increased 3X Since 2017
The market research organization, The Tokenist, recently published a report called “Comparing Public Bitcoin Adoption Rates in 2020 vs 2017.” The study’s findings give a comprehensive look at the cryptocurrency ecosystem between 2017 and now. The researchers’ survey shows that since the post-Covid-19 economy is setting in, trust in bitcoin has grown 29% in the … Read more
Smoke and Mirrors as Mainstream Banks Discourage Clients From Crypto
A data-based approach to cryptocurrency investment shows promise, so why are investment advisors at top firms still pushing clients away? Go to Source Powered by WPeMatico
Largest Private Investment Bank in Latin America Issues Real Estate Tokens on Tezos
Banco BTG Pactual, the largest private investment bank in Latin America is moving some of its real estate-backed security tokens over to the Tezos blockchain. Go to Source Powered by WPeMatico
Advances in Blockchain Drives Banks Toward Digital Currencies, Says Bank of Korea
Advances in payment settlements and decentralized ledger technology are driving central banks to consider digital currencies, according to a recent Bank of Korea report. Go to Source Powered by WPeMatico
Austrian Bank Raiffeisen Works on National Digital Currency Pilot
Raiffeisen Bank International is extending collaboration with Polish-British fintech Billon for a new form of blockchain-based national currency tokenization Go to Source Powered by WPeMatico
Central Banks Uninterested in Digital Currency for Consumers, Says Visa Exec
Digital currency solutions that directly face consumers will not be taken seriously by central banks, according to a Visa executive. Go to Source Powered by WPeMatico
Fed Chair: ‘We Have the Ability to Create Money Digitally’
Fed Chair Jerome Powell said the bank has flooded the economy with money and would continue lending programs for as long as they’re needed. Go to Source Powered by WPeMatico