Should The Traditional Banking System Be Scared Of Cryptocurrencies? Stanford Finance Prof Says Yes

2019-10-25 17:39

Though digital currencies have come up against a lot of challenges, consumers shouldn’t give up just yet, according to Darrell Duffie. Duffie, a professor of finance at Stanford GSB, believes that the next decade could be filled with a lot of success for this sector, in the event that banks don’t come up with faster […]

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Russian Central Bank ‘Would Consider’ Creating Gold-Backed Cryptocurrency

Russia’s central bank would consider creating a new cryptocurrency backed by gold for international settlements. Gold-Backed Crypto Could Have Use In Settlements That was the latest information to come from Elvira Nabiullina, head of the Bank of Russia, speaking to the country’s parliament, the Duma, about current plans involving cross-border finance.

2019-5-23 20:00


Billionaire Bitcoin Bull Tim Draper: The Crypto Takeover is Inevitable, Only Criminals Using Cash in Five Years

Everyone in the cryptocurrency and traditional finance industries has an opinion about how the related technology will unfold in the years to come. Tim Draper, known in the market as a Bitcoin bull, believes that the next five years will hold such considerable progress for the crypto industry that the only ones left using cash […]

2019-2-19 02:08


HSBC Executive Comments on True Strengths of Blockchain, Citing “Transparency and Savings”

Blockchain technology has been one of the greatest developments to come out of the introduction of cryptocurrency in the last 10 years. While there have been multiple industries that have adopted the technology to support their supply chains and record keeping, the traditional finance world stands to gain a lot from it. Speaking with French […]

2019-2-5 00:19


It Seems the Paris Fintech Forum (PFF) No Longer Cares About Bitcoin, But Will It Matter?

The Paris Fintech Forum (PFF) proclaims itself to be “the most exclusive European annual event on digital finance and fintech.” Hosting an annual event every year, the 2018 conference featured many blockchain and cryptocurrency players, hoping to push through the bull market that had recently come to a close. This year, the tone has been […]

2019-2-4 18:52


Malaysia Set to Enforce Cryptocurrency Regulations in Q1 2019, Says Finance Minister

Malaysia’s Finance Minister announced that the country would enforce regulations for cryptocurrency exchanges and ICOs in the Q1 2019. Cryptocurrency Regulations to Come in Q1 2019 According to The Star Online, Lim Guan Eng, Malaysia’s Finance Minister, revealed that regulations guiding virtual currency exchanges and initial coin offerings (ICO) would be implemented in the first […] The post Malaysia Set to Enforce Cryptocurrency Regulations in Q1 2019, Says Finance Minister appeared first on Ethereum World News.

2018-11-30 09:29


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Record $2 Trillion Deposited in the US Banks During Covid-19 Pandemic

Cash remains the king! According to FDIC data, a record $2 trillion in cash was added in the deposit accounts of US banks since the coronavirus first struck in the country in January. In April alone, the money flowing into banks grew by $865 billion, more than the record for an entire year. “Any way […]