Three Things To Know About China’s Digital Yuan (Not a Cryptocurrency)
China’s central bank is reportedly making strides towards launching a digital currency (not a cryptocurrency) tied to the yuan. Here are three things to know…
Tag: Bank
Libra-Like Tokens Pose Risks to Swiss National Bank’s Monetary Policy
The Swiss National Bank (SNB) is afraid that digital currencies like Facebook’s Libra might impede the central bank’s capability to initiate and implement monetary policy.…
China’s State-Backed Cryptocurrency: ‘Gaining Momentum’ Or ‘Inaccurate Speculation’?
China’s Government and Central Bank just can’t seem to align on the proposed central bank digital currency (CBDC). On Tuesday, government-supported tabloid, Global Times, reported…
BoE Governor Mark Carney Proposes Global Cryptocurrency
Governor of the Bank of England Mark Carney put forward the idea of replacing the U.S. dollar with a central bank-issued cryptocurrency like Facebook’s Libra.…
Silvergate Bank Looking to Become Institutional Crypto Lender –
One of the few go-to financial service providers that are Bitcoin and Crypto friendly, Silvergate Bank, is looking to expand its services to include crypto-currency…
Bitcoin is ‘Schmuck Insurance’: Morgan Creek Capital Founder
Bank of America Merrill Lynch recently surveyed fund managers and found that investors are the most bullish they’ve been on bonds since the end of…
Santander UK No Longer Supports Coinbase Payments – Bitcoinist.com
On Wednesday Santander UK unexpectedly dropped support for Coinbase payments. Is the bank pivoting on its crypto supportive stance? Santander Cuts Ties with Coinbase On…
Bitcoin Is The ‘Most Spectacular’ Cryptocurrency: Ex-Central Banker
The former governor of Brazil’s central bank thinks Bitcoin is “spectacular,” heaping praise on the cryptocurrency in a mainstream media article. Franco: Bitcoin Would Be…
Russian Arms Manufacturers Dodge US Sanctions With Bitcoin – Bitcoinist.com
Soyuzmash, the Union of Machine Builders in Russia, has asked the Central Bank for permission to accept Bitcoin and stablecoin payments for weapons deals. This,…
Argentina: Bitcoin-Based Settlements, OTC BTC Trading Trending
In Argentina, performing international bank transactions can be problematical and expensive, particularly international money transfers. To overcome these issues, Banco Masventas, a provincial bank, now…