Banking

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What The Bitcoin Revolution Will Look Like

11 Jun 2020 5 minute read 0 comments alexroan

What happens when the foundations of our financial system are disrupted? “The Times 03/Jan/2009 Chancellor on brink of second bailout for banks” That’s the message digitally etched into the first block in a chain that would eventually bring about t...

9 Things I Learned About Personal Finance Last Week

10 Jun 2020 1 minute read 8 comments tvlachak

June 10, 2020 The Weekly Summary - Issue 9.1 - Personal Finance Extended Edition 1. Take a free text message course on Personal Finance. 2. The financial freedom formula is a combination of “...frugality, multiplied by simplicity, compounded by patie...

China issued securities using blockchain for $ 17 billion

8 Jun 2020 1 minute read 1 comment Kluma

  Zheshang Commercial Bank Explains Why Issuing Assets Using New Technology and Who Will Help ItChinese commercial bank Zheshang issued blockchain-based securities backed by other financial assets (ABCP). The issue amounted to $ 16.9 billion. This is...

Government Seizes $186 Million from Dormant Banks Accounts : Should Dormant Crypto be Movable After 100 Years?

8 Jun 2020 2 minute read 1 comment Guy Malone, CBP

Interesting... this was posted as a "Bitcoin Fixes This" solution to a problem, which I'm not sure actually is a problem or not, to be honest. I'm curious what the Publish0x community thinks....Basically, the UK government decided it was "okay" to c...

Russia's Largest Bank to Roll out 5,000 Apple&Google Pay-compatible Blockchain ATMs

28 May 2020 1 minute read 0 comments Blockchain Times

Major banks in Russia are looking to do away with plastic card-powered personal banking – and are adapting blockchain to encourage contactless transactions amid coronavirus pandemic. And the first step is initiated by the largest Bank of Russia Sberb...

The Weekly Summary - Issue 7.1 - Economy Extended Edition

25 May 2020 1 minute read 4 comments tvlachak

Issue 7.1 / May 25, 2020 Economy The next round of relief payments will be delivered to millions via prepaid debit cards. Billionaire Mark Cuban thinks families should get $1,000 in stimulus money every two weeks for the next two months, as long as...

Bitwala my first impressions

20 May 2020 2 minute read 4 comments Konima

The Bitwala Account   Bitwala is a new FinTech styled bank and crypto account that incorporates the features found in many challenger banks such as Monzo and Starling, but the added feature is that you buy, sell and store your crypto.   Bitwala main...

Bitcoin Account with 4.3% Interest Available to 80,000 Germans

15 May 2020 1 minute read 4 comments Abhimanyu Krishnan

Crypto-friendly German bank Bitwala on May 12 introduced a new product to its customers: a Bitcoin (BTC) interest account that gives users the opportunity to earn 4.3% on their Bitcoin holdings.  The bank hints at the motivation for the new product,...

Bitwala offers up to 4.3% profit, thanks to a new Bitcoin-based product.

15 May 2020 1 minute read 0 comments lidson

    80,000 users of the German Bitwala bank can now earn interest on this cryptocurrency on their bank accounts by purchasing Bitcoin thanks to a new partnership with the Celsius Network cryptocurrency lending platform.     According to Defiprime, B...

Guest Opinion: The Reemergence of De Novo Bank Charters

14 May 2020 5 minute read 0 comments FinRev

The ability to charter a de novo bank, once a reasonably achievable task, has, over the past decade, become an almost impossible feat. Part of the reason de novo bank creation has stalled is the regulatory reaction to the 2007-09 financial cr...