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Breaking Up With the Banks: Stories From Bitcoin’s Debanked Community
Your bank service denial stories.
The post Breaking Up With the Banks: Stories From Bitcoin’s Debanked Community appeared first on Bitcoin Magazine.
дальше »2019-9-6 18:51 | |
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The New Bitcoin Banks Are Here
A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion. дальше »
2019-8-23 12:58 | |
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Evolving decentralization in a world let down by centralization
In the past few years, there has been this bubbling discontent against centralized figures in our lives, especially in our digital lives. We have had to bow down to the rules of banks, social media sites, even governments and authorities as there have been no other alternatives. дальше »
2019-8-23 11:48 | |
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Rwanda Studies CBDCs To Minimize Transaction Cost and Maximize Output
The Rwandan Central Bank is interested in exploring central bank digital currencies to reduce the costs associated with transacting by optimizing efficiency. As per BNN Bloomberg, August 22, 2019, Rwanda’s Central Bank looks to authorities in Canada, Singapore, and Holland for inspiration as they have successfully studied the applications of blockchain. дальше »
2019-8-23 11:00 | |
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Smokescreens and Mirrors: How Does a Country Do an ICO? They Call It QE
Financial regulators all around the world have been cracking down hard on ICOs for promising more than they can deliver. At the same time governments and central banks are pulling off far worse scams, such as QE, wiping out the savings of everyone that depends on them. дальше »
2019-8-23 19:21 | |
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How Bitcoin Demand is Driven by Central Banks Devaluing Their Currencies
The demand for bitcoin has certainly been tangible over the past few months. Even with a correction of around 30% the digital asset is still up over 160% this year. That growth could have been spurred by central banks devaluing their own currencies as economic skies darken. дальше »
2019-8-23 17:00 | |
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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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Korean Banks Back $7.4 Million Funding Round for Blocko
Blocko, a blockchain firm working on enterprise applications of the tech, says it's raised $7.44 million from investors including Shinhan Bank. дальше »
2019-8-23 15:00 | |
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Bitcoin banks: Hal Finney’s prediction for the “ultimate fate” of BTC
The rise of multi-billion-dollar custodians, like Coinbase, have revived historical fears that institutions could erode the founding principles of Bitcoin as decentralized, sound money. Cryptographer and legendary BTC pioneer Hal Finney made an optimistic prediction about just this nearly a decade ago. дальше »
2019-8-22 20:28 | |
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India's Supreme Court Asks RBI To Justify Its Crypto Banking Ban
India Supreme Court Justice Rohinton Fali Nariman has ruled that the Reserve Bank of India has not responded appropriately to concerns from the country's crypto industry regarding the RBI's ban on banks providing services to crypto firms. дальше »
2019-8-21 19:11 | |
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Easing Central Bank Policies Could see Investor Influx to Bitcoin Instead of Gold
While investors agree that the current monetary policies from central banks will spell doom for the market, there is no consensus on which asset takes primacy as a hedge against the coming uncertainties. дальше »
2019-8-21 19:00 | |
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Bitcoin & “Psycho Currencies” Will Boost Demand for Gold: Says, Veteran Investor
During his blanket endorsement to buy gold as central banks loosen their monetary policy, veteran investor Mark Mobius said that the rise of cryptocurrencies will only further drive the demand for hard assets like gold. дальше »
2019-8-21 16:16 | |
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Mark Mobius Says Imminent Rate Cut Will Boost Demand For Bitcoin And Gold
Today, Mark Mobius, market fund manager and the founder of Mobius Capital Partners LLP, appeared in an interview with BNN Bloomberg where he said that demand for cryptocurrencies will increase and boost the demand for gold owing to the imminent interest rates cuts by central banks. дальше »
2019-8-21 00:42 | |
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Bitcoin has emerged as an option to opt-out of present financial system, claims Real Vision’s Raoul Pal
In an interview with podcaster Peter McCormack, Raoul Pal, Co-founder of Real Vision and former Head of Equity and Equity Derivatives at Goldman Sachs, stated that stock markets are massively overvalued. дальше »
2019-8-21 21:30 | |
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Another Case For Bitcoin as Billions Vanish From Savings Accounts Ghana
As many as 70,000 people could be facing financial ruin as a massive crackdown sweeps across Ghana’s banking system. It serves as yet another stark warning that governments and banks are in full control of people’s money. дальше »
2019-8-20 18:00 | |
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Bitcoin Becoming Reserve Asset for Altcoins: Ark Investment
A recent run-up in the bitcoin price has been credited to a string of events: the US-China trade war, determined monetary easing by central banks, price manipulation via Tether’s stablecoin USDT, Facebook’s plans to launch its cryptocurrency, as well as a weakening Renminbi. дальше »
2019-8-20 17:00 | |
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Mark Mobius: Buy Gold as Bitcoin Price Rises, Central Banks Cut Rates
Veteran frontier markets investor Mark Mobius suggested that cryptocurrencies will help boost the price of gold
дальше »2019-8-21 13:56 | |
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Report: Israeli Bitcoiners Petition Banks to Disclose Crypto Policies
A crypto nonprofit is petitioning for Israeli banks to disclose their policies on crypto-related funds
дальше »2019-8-21 23:47 | |
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Israeli Crypto Traders Fight Bank Lockouts with a Freedom of Information Petition
Several Bitcoin and crypto traders of Israel are facing a problem with banks right now. Many banks are not very sympathetic with crypto traders and are closing their accounts. This has prompted several of them to start a series of lawsuits against the banking institutions, the Globes has recently reported. The problems are pretty varied. […] дальше »
2019-8-20 22:47 | |
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China’s Central Bank’s Crypto Proposal Will Assist Banks in Curbing Alipay, WeChat Pay Dominance
The much-awaited Bank of China’s cryptocurrency could be a move by the bank to help curb Alipay and WeChat Pay dominance in the financial sector. Appearing on South China Morning Post financial analyst, Cindy Wang, a renowned analyst with DBS Research Group, claimed that the country is set to benefit as investors and merchants will […] дальше »
2019-8-20 21:55 | |
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Bitcoin traders in Israel fight bank lockouts with petition, lawsuits
Israel‘s Bitcoin fans have formally lodged a petition that demands the nation’s banks disclose internal policies for dealing with proceeds of cryptocurrency trading, Globes reports. The move follows a series of lawsuits filed against financial institutions that refuse to accept money generated by selling digital currency such as Bitcoin. дальше »
2019-8-20 19:19 | |
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Bitcoin Twitter Is Daydreaming About a Hong Kong Bank Run
By CCN Markets: There’s nothing like a bank run to bring out the bitcoin-fever dreamers. Hong Kong protesters reportedly tried the tactic in their latest effort to stop what they see as unfair practices of their government. дальше »
2019-8-18 15:30 | |
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Bitcoin as protest: Hong Kong demonstrators withdraw their money from banking system
Protesters in Hong Kong have taken to a new non-violent tactic, withdrawing cash in mass from ATMs and banks and converting it to U.S. dollars—foreshadowing things to come for Bitcoin. On Aug. 16, protesters in Hong Kong announced plans to withdraw their cash from the banking system in protest of overreach from mainland China, reported […] The post Bitcoin as protest: Hong Kong demonstrators withdraw their money from banking system appeared first on CryptoSlate. дальше »
2019-8-19 14:17 | |
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Philippines Increasingly Crypto Friendly – A Look at Driving Forces
There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. дальше »
2019-8-18 03:30 | |
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Philippines Increasingly Crypto Friendly
There are many reasons why the Philippines is becoming increasingly crypto-friendly. Not only has its central bank registered more crypto exchanges recently, but the Securities and Exchange Commission has also been actively finalizing crypto guidelines. дальше »
2019-8-20 03:30 | |
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Passing the Burden of Negative Rates to Bank Clients Opens Door for Cryptocurrencies
Record low and negative interest rates have put commercial banks in a difficult spot. Across Europe, they have been passing the burden to their clients. Some have introduced fees for those with large account balances, while others are punishing everybody equally. дальше »
2019-8-18 19:23 | |
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IDC Expects Blockchain Spending To Reach $2.7 Billion This Year, $15.9 Billion By 2023, Led By Banks
It is no secret that the blockchain technology is amazing for banking, right? On its newest piece of research, the International Data Corporation (IDC) agrees with that and proves it with data. According to its research, the world will be spending $2. дальше »
2019-8-16 17:26 | |
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This Haven Asset is Beating Bitcoin amid Recession Fears
This year’s run-up in the bitcoin price has been attributed to numerous factors: the US-China trade war, bold monetary easing by central banks, a weakening Chinese Renminbi, Facebook’s plans to launch its cryptocurrency, as well as market manipulation via Tether’s USDT stablecoins. дальше »
2019-8-16 17:00 | |
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Hong Kong Protest Leader Hopes to Incite Run on Chinese Banks
The 11th week of protesting in Hong Kong has passed as the world has witnessed massive sit-ins at the national airport and demonstrations across several locations citywide. The 2019 anti-extradition bill protests have affected Hong Kong’s local economy, investors have dumped on the benchmark Hang Seng index, and now pro-independence activist, Chen Haotian, has called […] The post Hong Kong Protest Leader Hopes to Incite Run on Chinese Banks appeared first on Bitcoin News. дальше »
2019-8-16 08:53 | |
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Germany’s GDP Drop Ignites Fears of Economic Contagion
Germany’s economy shrinks, fuelling risks of a recession and fears of economic contagion throughout Europe. Unfortunately, central banks have limited resources to reduce the effects of broad-based economic decline. дальше »
2019-8-16 22:42 | |
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Facebook’s Libra may be the death knell for Weaker Economies
60 percent of the world’s population could shift to Facebook’s Libra. The world is at a turning point. Financial crisis seems to be rearing its ugly head, trade wars are heating up, and currency crashes are a regular occurrence. дальше »
2019-8-15 18:00 | |
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‘Bullish For Bitcoin’: China Bank Bailouts Spark ‘Biggest Credit Bubble In History’
Bitcoin could possible gain from economic uncertainty in China as one source describes the country’s third major bank bailout of 2019 as the world’s “biggest credit bubble. ” China Bailouts: 3 Banks, $390 Billion Taking statistics from various sources, the Twitter cryptocurrency trader and commentator known as CryptoArbitrage noted that last week’s bailout of Heng Feng bank was the third involving assets over $200 billion. дальше »
2019-8-15 15:34 | |
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Banks like Citi, JP Morgan, Goldman Sachs, BNP, HSBC will come to Bitcoin community for a bail out, claims Max Keiser
Bitcoin’s falling prices for the past few days has alarmed the “recent introduced” masses across the globe, while tempting hodlers who believe “it’s never a bad time to invest in Bitcoin. дальше »
2019-8-15 15:00 | |
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Central Banks Worldwide Testing Their Own Digital Currencies
Central banks worldwide are examining the possibility of issuing a central bank digital currency (CBDC), with some already testing theirs for different uses. Countries that have advanced their digital currency projects include China, Singapore, Canada, the Bahamas, Thailand, Uruguay, and Sweden. дальше »
2019-8-15 09:53 | |
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Argentina’s Peso Collapse Shows Governments Shouldn’t Control Money
Whenever bitcoin experiences a sharp drop or volatility, mainstream media analysts jump to declare that cryptocurrency isn’t stable enough to be considered money. The double-digit crash of the Argentine peso in one day, simply due to an election in the country, can be said to prove the same about fiat. дальше »
2019-8-15 01:00 | |
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How the Barclays-Coinbase relationship caused a slight dip in Bitcoin prices
The crypto space is on the sensitive ground at the moment. This is because more people are looking into how the relationship between paper assets and crypto-assets is going to work in the future. дальше »
2019-8-14 11:55 | |
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60 Latin American Banks To Start Using Bitcoin For Cross-Border Payments via Bitex Crypto Exchange
Bantotal, a banking service based in Uruguay with over 60 banking clients, has recently started a partnership with Bitex, a crypto exchange. With this partnership, the bank will help banking institutions to make cross-border payments using the Bitcoin network. дальше »
2019-8-13 23:04 | |
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Banks and Big Business Scramble for Their Own Digital Cash
Last week Reuters reported that several of the world’s biggest banks have invested $50 million to “create a digital cash system to settle financial transactions”. It’s an on-going project, according to the report, involving the likes UBS, Credit Suisse, Barclays, and Deutsche Bank. дальше »
2019-8-13 18:00 | |
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Bitcoin Cross-Border Payments Now Available in 60 Latin American Banks
Coinspeaker Bitcoin Cross-Border Payments Now Available in 60 Latin American BanksBantotal, a core banking service provider, is working closely with Bitex crypto exchange to facilitate cross-border payments using the Bitcoin blockchain targeting at least 60 Latin American banks. дальше »
2019-8-13 17:57 | |
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UN Investigating 35 North Korean Military-Funding Cyberattacks
A more detailed U.N. report says North Korea is attacking banks via the SWIFT network, hacking crypto exchanges and cryptojacking. дальше »
2019-8-14 12:15 | |
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Big Banks Enabled Jeffrey Epstein’s Sex Trafficking Crimes
Unlike the unfounded narrative that cryptocurrency enables crime, big banks are more than happy to serve unsavory clients if it is lucrative enough for them. The latest example of this is a report that Jeffrey Epstein was apparently using his bank accounts to fund sex trafficking and possibly other crimes. дальше »
2019-8-13 11:30 | |
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FinWhaleX: Legit IEO Blockchain-based Credit and Lending Platform?
FinWhaleX is an IEO blockchain-based credit platform. It enables users to access loans wherever they are at any time through machine learning, blockchain technology, and big data. Benefits for Borrowers FinWhaleX is a great option for users who do not want to get involved with banks and MFIs. Processing loans through this platform comes with […] дальше »
2019-8-12 20:29 | |
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China’s Central Bank “Ready” to Launch National Digital Currency
An official at China’s central bank recently revealed the central bank’s readiness to launch the country’s central bank digital currency (CBDC) according to a report by Shanghai Securities News on August 10, 2019. дальше »
2019-8-12 18:44 | |
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Feared Run on British Banks Supports Calls For Decentralization
A prominent government minister in Britain has proposed the idea of closing banking institutions in order to mitigate the impact of an unstructured exit from the European Union. Analysts call the proposal ineffective and another reason to support broader arguments for decentralization. дальше »
2019-8-12 18:00 | |
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