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Tag: Banks

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Lebanese People Turn To Bitcoin As Faith In Local Banks Erodes
Just a few centuries ago, governments bowed to the people’s pressure to separate religion from the state. However, there are still areas of importance that still trouble people because governments are still involved.

That’s exactly what is happening in Lebanon… Read full article
14h ago
ZyCrypto
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Crypto-Friendly Banking App Now One of Europe’s Most Valuable Fintechs
United Kingdom-based digital bank Revolut has raised $500 million in a fresh funding round and tripled its valuation to hit $5.5 billion. This, as the Financial Times reported on Feb. 25, makes the crypto-supporting app one of Europe’s most valuable… Read full article
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2020 FinTech and Banking events that are worth the trip
A tour of the most worthwhile events from the FinTech, banking and blockchain industries.Continue reading on ZoidPay » Read full article
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Ukraine’s Central Bank: E-Hryvnia Threatens Landscape of Banking System
Despite considerable testing and research, the prospect of a central bank digital currency (CBDC) still raises significant concerns for bankers in Ukraine.

At a Feb. 21 conference in Kyiv, the National Bank of Ukraine (NBU) presented the results of testing… Read full article
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Crypto-Friendly Banking app now one of Europe’s most valuable fintechs
United Kingdom-based digital bank Revolut has raised $500 million in a fresh funding round and tripled its valuation to hit $5.5 billion…Continue reading on Medium » Read full article
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Crypto-Friendly Banking App Now One of Europe's Most Valuable Fintechs
United Kingdom-based digital bank Revolut has raised $500 million in a fresh funding round and tripled its valuation to hit $5.5 billion. This, as the Financial Times reported on Feb. 25, makes the crypto-supporting app one of Europe’s most valuable… Read full article
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Bitcoin Halving Will Drop Inflation Rate Lower Than Central Banks’ 2% Target Reference
When Satoshi Nakamoto invented Bitcoin, the creator designed the protocol to be an inflationary currency, one that is predictable as bitcoin’s inflation always decreases every four years. Today, 77 days before the reward halving, BTC’s inflation rate is around 3.6%… Read full article
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Bank of England Official: Central Banks May Lose Payments Race to Tech Companies
Bank of England (BoE) chief cashier Sarah John has expressed opinions favoring state-issued digital currencies, according to a Feb. 22 article published by The Telegraph. She urged other central banks to consider developing central bank cryptocurrencies in response to recent… Read full article
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‘Crucial’ for Central Banks to Consider Digital Currencies: Bank of England Exec
Governments need to research digital currencies so they can strike a balance with private issuers, said the BoE's chief cashier. Read full article
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EU BANKS CANNOT BAN TRANSACTIONS RELATED TO CRYPTOCURRENCIES UNDER THE NEW LAW, CRYPTO MARKET…
After a turbulent week, the Bitcoin price has recovered, but risks are still waiting for this leading cryptocurrency. The fifth anti-money…Continue reading on Medium » Read full article
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New EU Law Will Make It Impossible For Banks to Ban Cryptocurrency-Related Transactions
The Fifth Anti-Money Laundering Directive (AMLD5) will soon go into effect and it will inadvertently boost the cryptocurrency industry in…Continue reading on Medium » Read full article
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Central Bankers From Canada, Netherlands, Ukraine Call Blockchain Unnecessary for Digital Fiat
Central bank digital currencies have been a hot topic in blockchain circles recently, but central banks are lukewarm about blockchains. Read full article
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JP Morgan: Digital Money Foundation Laid, Blockchain In Banking Years Away
A recent report by a Major United States bank JP Morgan Chase suggested that current blockchain developments are lying down the foundation for digital money, but adoption is still years away.

A report published by JP Morgan on Feb. 21… Read full article
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