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Deutsche Bank: crypto could replace fiat and “soar” by 2030
Deutsche Bank (DB) believes cryptocurrencies could replace fiat by 2030 as the “forces that hold the fiat money system together” begin to unravel. The bombshell was dropped in a report Thursday by the 149-year-old bank, which is Germany’s largest, and comes a week after news broke that Germany will likely allow financial institutions to deal […] The post Deutsche Bank: crypto could replace fiat and “soar” by 2030 appeared first on CryptoSlate. дальше »
2019-12-6 11:00 | |
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Deutsche Bank Research: Crypto to Replace Fiat Currencies by 2030
Per Deutsche Bank’s recent research, people’s heightened demand for dematerialized means of payment and anonymity could drive more individuals to digital currencies
дальше »2019-12-6 05:00 | |
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New Research by Deutsche Bank Analyst Projects Bullish Future for Crypto Industry
Jim Reid, an analyst for Deutsche Bank, recently published a research paper titled “Imagine 2030,” examining the cryptocurrency industry for the next decade. The paper has a more bullish perspective for cryptocurrency’s future, as Reid expresses that the asset class could see major success in the 2020's as fiat money becomes more inflated and less […] дальше »
2019-12-6 00:10 | |
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The Cardano Foundation Launches Adapay, An Ada Based Payment Gateway For Merchants
The Cardano Foundation, the parent company behind privacy-focused cryptocurrency Cardano (ADA) has launched its payment gateway for merchants called AdaPay on November 27. The new payment gateway would allow merchants to accept ADA payments directly into their bank accounts. дальше »
2019-11-29 17:03 | |
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Cardano Foundation and COTI Release AdaPay
Cardano Foundation and COTI released AdaPay, a solution allowing merchants to accept ADA and receive fiat on their bank accounts. Announced in October, the collaboration adds ADA as a payment option for merchants using the COTIpay platform. дальше »
2019-11-28 21:38 | |
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Kucoin Now Supports GBP and AUD Fiat Deposits via Banxa Partnership
Starting with November 26th, the IDG-backed cryptocurrency exchange KuCoin and the fiat on-ramp Banxa service are partnering up to offer KuCoin users instant fiat to cryptocurrency conversions. The partnership will make it possible for KuCoin clients to make bank transfers, credit or debit card payments or through the 1,200-newsagent network in the British Pound (GBP) […] дальше »
2019-11-27 20:13 | |
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Binance Supports New Fiat Onramp to Buy Crypto Assets with the Indian Rupee via WazirX
Binance can now purchase Bitcoin (BTC) and other cryptocurrencies through Rupee bank transfers that are powered by WazirX, the Indian digital exchange for assets. Not banned in the country, people in India still find it difficult to trade and buy Bitcoin because banks don’t have the green light to work with crypto exchanges and companies. […] дальше »
2019-11-27 01:31 | |
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US Federal Reserve: Stablecoins Can Be a Modern Medium Of Exchange If Well Designed And Regulated
The US central bank, Federal Reserve is commonly known as the Fed, has finally agreed that stablecoins pose a threat to the fiat dollar as a global medium of exchange. The Fed has stated that stablecoins like Facebook’s Libra have the capability of being the ‘fresh medium of exchange’. However, the Fed gave a caveat […] дальше »
2019-11-19 00:53 | |
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Former ECB President’s Statement Shows Bitcoin Does Have Impact on the Economy
While many enthusiasts offer a bullish assessment of the future of cryptocurrencies like bitcoin and the ways it can be used to replace or supplement fiat currency, the coins have received mixed reactions from central banks across the globe. дальше »
2019-11-14 19:58 | |
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Cardano Foundation to develop ADA payment processing solution with COTI
As Cardano’s adoption continues to grow, its parent company, the Switzerland-based Cardano Foundation, has announced its plans to develop an ADA payment gateway in collaboration with an enterprise-grade Fintech platform, COTI. дальше »
2019-10-24 20:00 | |
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Credit Suisse Is Latest Bank to Charge Clients for Cash Deposits
In a normal world savers are expected to receive compensation for giving their money to the bank. Instead, due to negative interest rates, we are now seeing more financial institutions actually charging their clients for fiat cash deposits, with Credit Suisse the latest big bank to join in on this practice. дальше »
2019-10-23 19:30 | |
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Bitpanda Launches Quick Payment Service for Fiat Settlement
Cryptocurrency exchange Bitpanda has launched a service designed to provide a quick way of paying bills and transferring funds to bank accounts. The post Bitpanda Launches Quick Payment Service for Fiat Settlement appeared first on Bitcoin Magazine. дальше »
2019-10-18 01:27 | |
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Bank of Canada to Fight Crypto with Own Digital Currency
The Bank of Canada (BoC) is thinking about developing a digital currency that would eventually replace fiat money completely, according to local media platform The Logic. Govt-Backed Digital Currency for More Control Bitcoin came out more than a decade ago as a decentralized, peer-to-peer currency system that enabled privacy and bypassed government control. дальше »
2019-10-17 15:00 | |
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Ex-CFTC proposes blockchain-based dollar to save declining fiat
2019 marked the rise of another crypto-based experiment, as centralized financial institutions around the world started to contemplate the idea of a Central Bank Digital Currency [CBDC]. Bank of China was already ahead in this game, after announcing that their native CBDC was almost already, and in recent reports, Bank of Canada also entered the […] The post Ex-CFTC proposes blockchain-based dollar to save declining fiat appeared first on AMBCrypto. дальше »
2019-10-17 12:00 | |
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World Will Need Gold In Case of an Economic Meltdown, Dutch Central Bank Affirms
In case the financial world faces a total collapse, gold will become more important than fiat currencies, at least that is what the Dutch Central Bank affirmed recently. The bank has also affirmed that gold is the trust anchor of the financial system and that it can be used as collateral for starting over. Several […] дальше »
2019-10-15 01:36 | |
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Dutch Central Bank: World Will Need Gold if Entire System Collapses
Crypto-skeptic Dutch central bank admits gold superiority to fiat money
дальше »2019-10-15 10:09 | |
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CryptoPay Crypto Wallet and Debit Card Firm Offers UK Bank Transfers With Local Fiat (GBP)
Cryptopay, a crypto wallet and debit card company, has upgraded it's services. Now, clients are able to transfer the U. K. ’s fiat currency, the British Pound (GBP) using a Faster Payments Scheme service. дальше »
2019-10-10 18:57 | |
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‘XRP transactions ensure lesser volatility risks compared to fiat’
Ripple CEO, Brad Garlinghouse has been pioneering global crypto adoption via Ripple- traditional bank partnerships to enable faster cross border payments. While speaking about Ripple’s recent accomplishments at the Economic Club Of New York, the innovator explained how the XRP Ledger has been created to solve Bitcoin’s scalability issues. дальше »
2019-10-9 07:30 | |
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Facebook’s Libra, other stablecoins may disrupt financial stability, claims FSB’s Vice Chair
The commotion around Libra and other stablecoins has caught the attention of a lot of regulators from across the world. The idea of a virtual asset backed by a fiat currency to facilitate payments has taken flight among several mainstream financial institutions, including the likes of JPMorgan. дальше »
2019-10-5 23:30 | |
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Buy coins with USD on BitMart “Quick Exchange”, get up to 50% cash reward
BitMart, a premier global digital asset trading platform, recently launched its fiat channel – Quick Exchange. Users will now be able to buy coins with No funding fees along with their US bank accounts just in minutes. дальше »
2019-10-4 11:30 | |
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Buy Coins with USD on BitMart “Quick Exchange”, Get Up to 50% Cash Reward!
BitMart, a premiere global digital asset trading platform, recently launched its fiat channel – Quick Exchange. Users will now be able to buy coins with No funding fees along with their US bank accounts just in minutes! “Quick Exchange” is a service for registers to link their bank accounts to transfer USD directly from banks […] The post Buy Coins with USD on BitMart “Quick Exchange”, Get Up to 50% Cash Reward! appeared first on CCN.com дальше »
2019-10-3 21:21 | |
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Zimbabwe Bans Mobile Cash And Forex But Bitcoin Remains Unknown
Bitcoin proponents are raising awareness of fiat currency alternatives for Zimbabweans after the country’s central bank suddenly banned a popular payment option. Central Bank Halts Mobile Cash Overnight As local news outlet TechZim reported on September 30, the Reserve Bank of Zimbabwe (RBZ) has shut down so-called cash-in, cash-out transactions. дальше »
2019-10-1 19:00 | |
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Fiat Money is in Flux, Stablecoins will Transform the Banking and Money Landscape: IMF
“The world of fiat money is in flux, and innovation will transform the landscape of banking and money. You can bet your bottom dollar on it,” read the IMF's latest blog “From Stablecoins to Central Bank Digital Currencies. дальше »
2019-9-26 20:04 | |
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Gold Beats Bitcoin ahead of Central Bank Confabs
Gold looked stronger than its digital rival Bitcoin on Wednesday as investors awaited the outcomes of a string of central bank meetings. The spot gold rate climbed 0. 49 percent in early European trading session to trade at $1,492. дальше »
2019-9-11 16:00 | |
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Stablecoins Pegged Against Foreign Currency Could Affect Swiss Monetary Policy: Central Bank President
Many regulators and heads of financial institutions have expressed concern over cryptocurrencies and their use. Crypto assets come with many challenges that place financial institutions in an awkward position as far as dealing with digital assets goes. дальше »
2019-9-7 19:21 | |
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Dutch central bank has new rules for crypto, says it’s ‘vulnerable to financial crime’
The Dutch central bank has today announced it must begin supervising cryptocurrency companies (including wallet providers) under the fifth European anti-money laundering directive, which came into effect in July. дальше »
2019-9-3 13:07 | |
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ECB Board Member is “Extremely” Concerned about Facebook’s Libra’s High Centralization, Shills Fiat Money
Facebook’s proposed cryptocurrency called Libra — scheduled for release in the first half of 2020 — according to European Central Bank’s board member Yves Mersch undermines ECB’s ability to set monetary policy. дальше »
2019-9-3 01:10 | |
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PBOC’s Cryptocurrency is Meant to Complement China’s Current Fiat
Coinspeaker PBOC’s Cryptocurrency is Meant to Complement China’s Current FiatPeople’s Bank of China (PBOC) central bank digital currency (CBDC) will allegedly be backed 1:1 by renminbi fiat as well as follow a two-tiered structured system with the bank, commercial banks, and retail market participants. дальше »
2019-8-31 09:03 | |
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Ripple’s Ryan Gaylor boasts about XRP’s volatility against fiat during FiNext Conference USA
During the FiNext Conference in USA, Ripple’s Director of Corporate Payments, Ryan Gaylor, claimed that bank coins like JP Morgan’s do not fix the ailing issue of centralization as opposed to XRP, reported VisionaryFinanc. дальше »
2019-8-31 23:00 | |
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Bitcoin Price Boon: French Bank Predicts ECB To Activate QE Again
For both those involved in Bitcoin and traditional markets, all eyes have been on the world’s central banks over the past year. Many analysts claim that whatever the world’s leading monetary authorities decide to do with the economy will dictate the direction for global markets, and, potentially, the fate of the current fiat economic hegemony. дальше »
2019-8-30 15:00 | |
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Binance Issues Report On PBoC's Digital Currency
A research report from crypto exchange Binance has claimed that the digital currency being developed by the People's Bank of China (PBoC) will be backed one-to-one by fiat, replace notes and coins in circulation, and operate on a two-tiered system. дальше »
2019-8-30 23:45 | |
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Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached
One of the major problems for businesses in the cryptocurrency industry is finding a bank that agrees to work with them and connect them to the traditional fiat financial system. The financial regulator in Switzerland has just made this easier by licensing two companies to serve as tailored banks for the industry and further open […] The post Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached appeared first on Bitcoin News. дальше »
2019-8-28 23:00 | |
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Mark Carney: Cryptocurrencies Could Overtake the U.S. Dollar as World’s Reserve Currency
Bank of England (BoE) Governor, Mark Carney, in a meeting with central bankers worldwide in Wyoming, has predicted that a cryptocurrency backed by several nations could overtake the U. S. dollar as the world reserve currency. дальше »
2019-8-24 15:37 | |
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Major Swedish Bank Orders Negative Interest Rate on Euro Deposits
Sub-zero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark have been in negative territory for a while and a growing number of banks in the region are now charging depositors for keeping their money. дальше »
2019-8-22 16:15 | |
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Santander Joins Barclays in a Bank Blockade against Coinbase in the UK?
Coinspeaker Santander Joins Barclays in a Bank Blockade against Coinbase in the UK?One unverified Redditor alleged that Santander Bank is preventing UK customers from depositing their fiat funds to Coinbase but the bank denies the allegations saying that it is ‘not the case’. дальше »
2019-8-15 18:15 | |
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Owning Fiat Just Got More Expensive – NIRP Strikes Again
With the recent Union Bank of Switzerland (UBS) announcement that even more customers will be charged to hold money in their banks, people are scrambling to find ways to preserve their wealth, while USB and others scramble to dam the losses resulting from national negative interest rate policy (NIRP). дальше »
2019-8-8 13:00 | |
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Earn Rewards by Holding Dukascoin, the Crypto from the First Decentralized Swiss Forex Bank
Cryptocurrency, as a medium of exchange and holding value, offers great benefits over traditional fiat. In the decade it has been formed, cryptocurrencies have faced resistance from the banking and regulatory sector. дальше »
2019-8-1 13:24 | |
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Poloniex now supports crypto-trading using bank accounts, debit and credit cards
The US-based cryptocurrency exchange, Poloniex, had previously allowed its users to perform margin trading and did not deal with fiat currencies. However, in a recent development, the Delaware-based cryptocurrency exchange platform has revealed enabling fiat to crypto trading on its platform. дальше »
2019-7-10 15:30 | |
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President Maduro Orders Petro Transaction Desks to be Opened in Venezuelan National Bank
There is significant use of cryptocurrencies by people in first world countries for the purposes of paying for goods and services as an alternative to fiat currency and also as an investment tool. There is, however, also the use of cryptocurrencies in countries are struggling with inflation and various financial issues as not just an […] дальше »
2019-7-5 21:17 | |
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Banking license is best way to rob a bank, says Andreas Antonopoulos as he questions fiat establishment
Leaders across the crypto-ecosystem have been known to openly voice their opinion, often clearing the fog left by the mainstream media. With media attention getting stronger, crypto-technologists such as Andreas Antonopoulos have made more attention to shed light on the true aspects of the market. дальше »
2019-7-2 13:00 | |
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Side Effects of Economic Growth: Is Snowden Right to Say Bitcoiners Shouldn’t Be Bankers?
Growth is a goal that’s worth achieving, in most cases, and the current economic paradigm favors it. But when central banks start undermining their fiat economies and crypto companies begin to mimic financial institutions in its name, growth becomes an end in itself with self-destructive tendencies. дальше »
2019-7-2 21:15 | |
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Goldman Sachs might launch its own ‘cryptocurrency’ – just like JP Morgan
American banking giant Goldman Sachs might be following in the footsteps of its competitor JP Morgan. The bank is considering launching its own cryptocurrency. In an interview with French financial newspaper Les Echos today, Goldman Sachs CEO David Solomon said that they are doing extensive research on the concept of “tokenization. дальше »
2019-6-29 16:09 | |
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Dukascash Stablecoin Launches by Swiss Bank Dukascopy, Backed by Three Fiat Currencies
Reports circulated yesterday that the Swiss SIX Stock Exchange was encouraging the local central bank to launch a stablecoin that could be used within their country. Between that encouragement and the recent changes to the Libra whitepaper, it is clear that the market desires another stablecoin, and the Dukascopy Swiss bank is listening. According to […] дальше »
2019-6-28 00:24 | |
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