Wells Fargo at it Again, Faces Suit Over 401(k) Plan Violations
News

Anti-Crypto Bank Wells Fargo Wants its $384B Lending Power Back

US banking giant Wells Fargo has the capacity to provide about $384 billion of additional loans to small and medium-sized businesses (SMEs) and individuals, which is especially...

Anatol Antonovici | 1 week ago
PBoC bitcoin
News

China Central Bank Injects Entire Bitcoin Market Cap Into its Economy

There is no denying that the economies of the world are slowing down. In order to prevent a complete collapse, central banks are flooding their markets with more money, and China has...

Martin Young | 2 months ago
Brazilian Bank Threatens to Close Crypto Exchanges' Accounts
News

Brazilian Bank Threatens to Close Crypto Exchanges’ Accounts

Crypto exchanges in Brazil may soon lose banking support as a major commercial bank has refused to abide by an agreement preventing the closure of cryptocurrency exchange accounts...

Osato Avan-Nomayo | 3 months ago
Bitcoin not going anywhere
Bitcoin

3 Bitcoin Transactions Worth $5.5B Show Why BTC Isn’t Going...

Bitcoin detractors seem to be spending more ways thinking of how it could be shut down. It is true that decentralized money is a huge threat to governments and the central banks that...

Martin Young | 5 months ago
bitcoin vs bank money
Bitcoin

Is Bitcoin a Better Bet Against ‘Legal Crooks’?

Bitcoin has not had the best of weeks so far but its 8% slide is just a blip compared to what the US Federal Reserve has been doing recently. The central bank has ramped up its bailout...

Martin Young | 6 months ago
wells fargo cryptocurrency
News

Wells Fargo To Launch Stablecoin Cryptocurrency in 2020

USA’s fourth-largest bank has announced it will develop its own cryptocurrency for international transfers in 2020.  United States’ 3rd Largest Bank Reveals Wells Fargo...

Anja van Oosterhout | 7 months ago
UK bank fined bitcoin good
Bitcoin

UK Banks Fined $66 Billion For Insurance Fraud; Bitcoin Still Bad?

The arguments as to why bitcoin is superior to the banking system are pretty clear cut to anyone that has used it. A decade ago BTC was conceived to cut out the fatcat middlemen and...

Martin Young | 7 months ago
bitcoin price bubble
News

‘Bullish For Bitcoin’: China Bank Bailouts Spark...

Bitcoin could possible gain from economic uncertainty in China as one source describes the country’s third major bank bailout of 2019 as the world’s “biggest credit bubble.”...

Anja van Oosterhout | 8 months ago
wells fargo no to buy bitcoin
Bitcoin Investment

Wells Fargo Won’t Allow Customers To Buy Bitcoin

Wells Fargo, a huge traditional bank founded in 1852 to provide banking services, and mail delivery through the Pony Express, has recently come out stating that it does not allow its...

Julio Gil-Pulgar | 9 months ago
bitcoin has destroyed banks
News

Banks Down 99% In Value Against Bitcoin; Data Shows

Bitcoin now makes the world’s largest banks look literally worthless courtesy of new data showing returns on their shares. Banks Bite The Bitcoin Dust Published by research firm...

Anja van Oosterhout | 9 months ago
bank bitcoin exchange fatf
Bitcoin Exchange

‘Totally Absurd’ – New FATF Rules To Turn Bitcoin...

Intergovernmental body the Financial Action Task Force (FATF) has committed to making 200 countries treat cryptocurrency exchanges like banks. FATF Among ‘Biggest Threats’...

Anja van Oosterhout | 10 months ago
Kookmin south korea bitcoin crypto
News

South Korea’s Biggest Bank U-Turns on Crypto With Custody...

South Korea’s largest bank by assets, KB Kookmin, has partnered with a cryptocurrency startup to develop custody solutions. South Korea’s Kookmin U-Turns on Crypto Reported by...

Anja van Oosterhout | 10 months ago