Новости о Pandemic Bank [ Фото новости ] [ Свежие новости ] | |
Bank of America: Inflation Replaces Covid-19 As Investors’ Worst Nightmare
According to the latest monthly survey by Bank of America, the coronavirus pandemic is no longer the most significant tail risk for investors. The pandemic seems to have been replaced with soaring inflation, which has become the market’s biggest worry. дальше »
2021-3-18 03:57 | |
Bank of China Accentuates Urgent Need for CBDC Amidst the Pandemic
According to a statement by Guo Weimin, Bank of China’s chief scientist, the economic turmoil caused by the pandemic is one of the reasons why Chinese corporations should urgently shift to the use of digital currencies, stating: “There will be a lot of challenges from the pandemic that will make good cases for the useRead More дальше »
2021-1-22 17:00 | |
Coronavirus Pandemic Results in First State Bank Failure
The coronavirus crisis continues to make its mark on the financial sector. It was a matter of time until the first bank failed because of it, which has now happened in West Virginia. Most people seem to ignore how the global financial system has been broken for many years now. дальше »
2020-4-5 00:30 | |
Govt’s May Accelerate Digital Payment And CBDC Research Due to COVID-19: Bank of International Statements (BIS)
Bank of International Statements (BIS) recently released a research report on the effect of the COVID-19 pandemic to the overall payment system. According to the research, the virus is causing fear and uncertainty as physical cash sees a dip in usage in favor of digital payments. дальше »
2020-4-5 16:28 | |
COVID-19 Pandemic Could Speed Up Central Bank Crypto Adoption
The COVID-19 pandemic will bring the end of cash and speed up the adoption of digital banking services, including central bank crypto, according to Edwin Bautista, CEO of UnionBank. Going Digital Is the Right Approach Amid Pandemic In an interview with Euromoney, the head of UnionBank, the Philippines’ ninth-largest bank, said that this might be the beginning of the end of hard cash, at least for the Philippines, a country whose lockdown measures are challenging […] дальше »
2020-4-5 15:00 | |
Egypt’s Central Bank Limits Daily Withdrawals to $640. Is Crypto the Answer?
Yesterday, the Egyptian central bank issued a directive limiting all cash withdrawals from banks over fears it will run out of currency. Egypt is feeling the economic pressures of the coronavirus pandemic and is now instructing its citizens not to take out so much cash. дальше »
2020-3-31 02:15 | |
China Is Drafting Laws for the Circulation of National Digital Currency
Amid the coronavirus pandemic, China’s central bank has reportedly completed the basic development of the nation’s central bank digital currency. The central bank is now drafting legislation for its circulation, according to local media. дальше »
2020-3-26 07:00 | |
Bank of America Economist: ‘There Should Be No Upper Bound for the Size of Stimulus’
Amid the coronavirus pandemic, worldwide governments have decided that there is effectively no limit to their money printing. That was confirmed recently by a statement from Bank of America. A major recession seems certain amid the global market panic. дальше »
2020-3-22 11:15 | |
Italian Bank Launches ‘Hype’ Bitcoin Trading Service in Wake of the Coronavirus Outbreak
The Coronavirus (COVID-19) pandemic has inevitably sparked innovation and caused an increase in adoption of some markets sooner than we expected. An Italian bank, Banco Sella, recently launched a BTC trading service in a bid to deal with the tough financial times. дальше »
2020-3-20 20:32 | |
Sending Cash to Friends and Family Through Bitcoin ATMs Is Safer Than Crowding Bank Offices During Pandemic
Transferring money over traditional channels may involve a lot of queuing in lines these days. Authorities around the world are trying to prevent large groups of people gathering in confined spaces to reduce the risk of transmitting the coronavirus infection. дальше »
2020-3-16 12:15 | |
Bank Branch in New York Suffers Cash Shortage Amid Coronavirus Panic
The viability of fiat currency is being stretched to its limit as banks run out of cash in New York amid the novel coronavirus pandemic. Fear continues to spike and reports are now confirming that New Yorkers are taking out cash in record numbers, particularly the wealthy. дальше »
2020-3-16 06:15 | |
Will the Coronavirus Cause a Global Recession?
Even if the virus doesn't grow to become a global pandemic, its economic ramifications may be enough to cause a recession in China, World Bank data suggests. This may lead to a domino effect that results in a global slowdown. дальше »
2020-2-10 18:30 | |