Banking

402 Articles 6 Followers


CBDC: Taking Tokens to Account

15 Oct 2020 5 minute read 0 comments Craig Borysowich

At a very high level, one of the basic design concepts for a CBDC is the decision to design a purely token-based solution or should the central bank take on a broader mandate to offer an account-based solution that would support digital currency toke...

The Weekly Summary - Cryptocurrency Edition [Issue 27.2]

13 Oct 2020 1 minute read 9 comments tvlachak

Issue 27.2 / October 12, 2020 Cryptocurrency The current legal status of owning cryptocurrency in the United States. More people will be banking with a crypto bank sooner than they think. Some of my banking and investing is with SoFi. Along with the...

Dollarization of the Venezuelan Banking

11 Oct 2020 2 minute read 0 comments Juan Molina

  The growth of transactions in dollars A few years ago, only real estate and vehicles were paid for with foreign currency. As of 2018, a growth of these operations began to be recorded and by April 2019 this type of operations had an increase of 40...

HSBC Announces Launch of the "Decentralized" Finance Platform Contour

7 Oct 2020 1 minute read 0 comments Abhimanyu Krishnan

A consortium of banks, including BNP Paribas, Citibank, HSBC, and Standard Chartered, launched the Contour trade finance platform on October 5.  Contour is a blockchain-based trade finance platform that digitizes processes across a variety of assets...

Outlier Nations: US, Taiwan - The investor war on China global

2 Oct 2020 11 minute read 0 comments IRUUR1

Outlier Nations in the global technocracy. Do they exist? This is a report that begins to show the counter, competing, insider investor strategies reflected in outlier nations. These are the economic policies, relative to the China model of control...

Major Banks Implicated in Money Laundering for the Criminal Elite, and OneCoin Crypto Ponzi

22 Sep 2020 1 minute read 1 comment Mozzie

Recently leaked FinCEN Files implicates multiple major banks of money laundering for Drug Cartels, Mobsters, and for the OneCoin Crypto Ponzi Scheme. Citibank Wells Fargo Deustche Bank Bank of America HSBC Bank of USA JPMorgan Chase Bank The Bank of...

Cheapest Ways to Send Money Internationally

16 Sep 2020 3 minute read 0 comments KHubbard

  Image source   Whether you’re sending money overseas regularly, or just paying a few expenses while traveling, it’s important to find the cheapest way to send money internationally. Exchange and transfer fees can add up quickly. Here are some ways...

Kraken Gets Krackalacking On BANKING

16 Sep 2020 1 minute read 1 comment Tank

"Kraken Financial will be the first regulated, U.S. bank to provide comprehensive deposit-taking, custody and fiduciary services for digital assets." As a Montana resident, I'm vicariously proud of our "little brother" southern neighbor, while al...

New form of banking on the rise?

15 Sep 2020 1 minute read 0 comments BrynnB

According to a new paper by South Africa's Competition Commission, mobile networks may soon become banks. That's right. MTN and CellC could soon be providing banking facilities for clients straight from their mobile phones. The goal is to, like cryp...

Expanded Unemployment Benefits

9 Sep 2020 9 minute read 2 comments BTCghost

Status as of yesterday evening, specifics on extended unemployment benefits for all 50 states. Saturday August 8th 2020, at a press conference from his golf club in Bedminster New Jersey, President Donald Trump issued one of several executive orders...