Bank Consolidation Threatens Freedom, Makes Case for Bitcoin

2023-3-24 20:13

The biggest threat from the banking crisis triggered by this month’s collapse of Silicon Valley Bank might not lie in the potential for depositors to lose their savings but in the censorship power that massive banks are now accumulating as customers move their money.

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bank savings censorship lose depositors power potential

Источник: coindesk.com

bank savings → Результатов: 72


US Regulator, OCC, Authorizes National Banks and Federal Saving Institutions as Crypto Custodians

U.S. regulator, the Office of the Comptroller of Currency (OCC), allows federal banks and national savings institutions to officially custody cryptocurrencies for their customers. The statement released on July 22, confirms that any national bank or savings facility can now hold on to unique cryptographic keys of cryptocurrencies in their vaults pertaining to custody services. […]

2020-7-22 21:40


Фото:

Thailand Government Issues Blockchain-Powered Savings Bonds

The Public Debt Management Office (PDMO), under Thailand’s Ministry of Finance, will be utilizing Krung Thai Bank’s (KTB) blockchain platform to sell government bonds to the general public. Thailand to Sell Government Bonds via Blockchain According to a report by a local news outlet The Nation Thailand, on Tuesday (June 16, 2020), the use ofRead MoreRead More.

2020-6-18 01:07


Фото:

Interest-Bearing Crypto Products Shouldn’t Be Compared to Bank Accounts [Opinion]

Cryptocurrency-fueled interest-bearing financial products from BlockFi and others are being compared to bank accounts. However, this comparison is dangerous. Would you put your entire savings in a high-interest financial product that uses the blockchain? While the idea may sound enticing, we cannot forget it’s still very risky.

2020-3-8 19:16


Фото:

ECB President: ’We Should Be Happier to Have a Job Than to Have Our Savings Protected’

Newly installed European Central Bank President Christine Lagarde made controversial remarks in a recent statement prior to assuming her new role. The former IMF Managing Director implored: “isn’t it true that ultimately we have done the right thing to act in favour of jobs and of growth rather than the protection of savers?” Regarding former […] The post ECB President: ’We Should Be Happier to Have a Job Than to Have Our Savings Protected’ appeared first on Bitcoin News.

2019-11-1 10:13


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Dutch Central Bank Against Crypto, But Won’t Move To Regulate

De Nederlandsche Bank (DNB) the central bank of The Netherlands have recently spoken out against cryptocurrencies, denying to recognise crypto as a real form of currency. According to Dutch News, Petra Hielkema, the Divisional Director at DNB has said in a report: “If something wants to be treated as money, you have to be able to spend, save and calculate with it.

2018-8-3 13:00


Фото:

Thirty-eight Percent of South Africans Wish They’d Invested in Cryptocurrency

38 percent of South Africans “wish they had invested” in cryptocurrency as businesses report “decent” interest in the emerging technology from corporate investors. 40 Percent of South Africans ‘Aware’ of Crypto Results of pan-African investment bank Old Mutual’s 2018 “Savings & Investment Monitor,” released this week, reveal attitudes to Bitcoin locally are swiftly transforming. Overall

2018-7-13 04:42


Фото:

‘I Wish I’d Invested In Cryptocurrency,’ Say 38 Percent Of South Africans

38 percent of South Africans “wish they had invested” in cryptocurrency as businesses report “decent” interest in the emerging technology from corporate investors. 40 Percent of South Africans ‘Aware’ of Crypto Results of pan-African investment bank Old Mutual’s 2018 “Savings & Investment Monitor,” released this week, reveal attitudes to Bitcoin locally are swiftly transforming.

2018-7-13 01:00


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