Central Banks to Meet to Discuss Digital Currency Threat
As China storms forward with its digital currency, other countries aren’t sitting idle. The leaders of six major central banks will hold their first meeting in April. Six Central...
Bitcoin Solves This: Ex-PayPal CFO ‘Fired as Customer’ by Bank of America
There are many use cases for bitcoin but the primary one is to cut out centralized banks. The banking system as we know it is on the verge of collapse, but that is not all. They also...
The Ugly Side of Traditional Banking
Last week the world saw the ugly part of traditional banking, with Turkey suddenly freezing millions of accounts and Hong Kong ATMs being out of cash. Incidents like these encourage...
Swiss Bank Julius Baer Launching Crypto Services to Meet ‘Increasing Demand’
The Swiss private bank industry is stepping up its efforts to become a formidable world player in the crypto industry. Now, Julius Baer, one of the largest and oldest Swiss private...
‘Bitcoin Mom’ Loses Her Bank Account for Investing in the Cannabis Industry
In the U.S., Bitcoin Mom just found out that federal banks will close your account for investing in the cannabis industry. Could Bitcoin provide the solution? Cannabis Is Basically...
Spanish Bank Makes History And Votes With Blockchain At Annual Meeting
The secure, decentralized nature of blockchain technology presents countless applications outside of cryptocurrency, as one European bank proved in a historic first at its last annual...
Solid Rocket Booster Ignition And Liftoff Of The Datarius!
Already today, on March 5, 2018, at 12:12 UTC, the main ITO round of the Datarius project – the first social p2p cryptobank – starts. Users, natural and legal persons from...
Should Banks Start Betting on Bitcoin?
With Bitcoin reaching record heights this week, more and more established financial institutions are taking an interest in its undeniable, and lucrative, appeal. However, mainstream...
Bitcoin and Millennials Threaten the Survival of Traditional Savings Accounts
The paper check died a few years ago. Now, the savings account is inexorably approaching its death. Millennials, the largest living generation, are not interested in savings accounts...
Proof-of-Asset Protocol by BANKEX – a New Era in the History of Banking Services
BANKEX, founded in 2015 by Igor Khmel, Ilham Hatypov, and Dmitry Dolgov, aims to meet the demand of improving asset liquidity using a proprietary Proof of Asset protocol designed to...
EU Proposes Account Freezes to Prevent Bank Runs; Bitcoin to the Rescue?
Europian Union countries are exploring the idea of imposing an EU-wide account freeze measure to prevent potential bank runs. Could Bitcoin provide a viable alternative to secure...
Blockchain and Fintech Could Fix Italian Banks
Recently the Italian government was forced to bailout 2 major banks for $19.4 billion, in one of its wealthiest regions. Roberto Ferrari, Chief Digital and Innovation Officer at...