2021-2-13 14:39 |
Tesla CEO Elon Musk has criticized banks for weak security, slow transactions and balkanization origin »
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The financial crisis exposed by the Covid-19 pandemic has worsened financial vulnerabilities across the world. A new report from the IMF has shown three potential weak spots that can amplify the financial conditions, causing more instability or a worsened financial crisis.
2020-5-24 00:57 | |
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It has been suggested by consultancy firm McKinsey & Co. that half of the world’s banks are too weak to survive an economic downturn and that steps need to be taken to address this. On the other hand, it is near impossible for the decentralized financial system of Bitcoin to collapse in the same manner.
2019-10-23 23:49 | |
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James Turk of Goldmoney says investors are de-risking their portfolios by pivoting away from bonds and stocks into assets like bitcoin and gold. The banking, investments, and commodities expert speaking to King World News said dovish central banks policies, a weak European banking system, and the U.
2019-5-16 05:00 | |
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By CCN: Amongst the litany of bearish naysayers, one bullish voice still screams louder. Larry Fink, the CEO of the world’s largest asset manager – BlackRock – is sticking firmly to his forecast that there is no bogeyman waiting to slaughter the US stock market.
2019-4-22 00:15 | |
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One of the biggest criticisms of crypto-based businesses has been weak AML procedures. Ironically, the ones who raise these concerns, large financial organizations are the ones who have been lax in doing the same.
2019-1-5 19:09 | |
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Most digital exchanges are unregulated and therefore unqualified to safely process cryptocurrency transactions. They don’t employ necessary know-your-customer (KYC) tactics, and roughly $1 billion in digital asset funds have been stolen since the start of 2018.
2018-10-13 23:34 | |
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