Category: crypto
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Here’s How Europeans Can Deal With Negative Interest Rates
Low and negative interest rates have been a burden for account holders across Europe for some time. And it’s only getting worse, as the European Central Bank just announced a new rate cut to a record low of -0.5%. Private and corporate customers in many countries on the continent don’t have a lot of options…
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European Countries Step Up Response to Facebook’s Libra
The European Central Bank (ECB) and a number of countries in the region have stepped up their efforts in response to Facebook’s Libra, which has revived a competing ECB project for instant payments. As Facebook engages Switzerland’s financial regulator, the ECB clarifies how Libra can be regulated under EU laws. Also read: India’s Popular ‘Who…
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Nature Abhors a Vacuum: Why Trump’s Proposed Negative Rates Bode Well for Bitcoin
In a recent tweet, U.S. president Donald Trump delved into an explosive, all-caps-loaded mini-rant about the necessity of getting “interest rates down to ZERO, or less.” The bombastic politician stressed the need for America to refinance its debt, trailing off with some superficially conservative speak about the U.S. and its “great currency, power, and balance…
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Crypto Facilitates Money Transfer for Restricted China
Crypto is not illegal in China, but it is illegal for banks and financial institutions to deal in crypto. It’s also illegal for nationals to send over $50,000 in fiat money in a day, without government permission. Restrictive banking regulations, international trade wars, and a surveillance state in the midst of political unrest mean that…
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Big Banks Won’t Touch Crypto Clients – But These Smaller Banks Will
Cryptocurrencies undoubtedly bring new business opportunities. The expanding industry around digital assets and its customers need more and more services that traditional sectors can provide. Banking is often a bottleneck in the crypto space as most traditional institutions are still reluctant to get their feet wet. Smaller banks, however, are more willing to occupy this…
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Crypto’s Forgotten Altcoins Re-Emerge: A Look at What’s Happening
[youtube https://www.youtube.com/watch?v=antnqRUj4yw&w=560&h=349] During the crypto bull market of 2017, everybody was happy. It wasn’t just the BTC maximalists, BCH enthusiasts, or proponents of ETH. Privacy coins like monero were doing great, and even charity-supporting “comic relief” coins like doge were riding high. Since that enchanted time, however, the diverse class of tokens known as altcoins…
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Indian Lawmaker Raises Hope of Positive Crypto Regulation
A member of the upper house of the Indian parliament has given the crypto community some advice on what can be done to influence the government’s crypto decisions. He encourages anyone to reach out to him and discuss their concerns, including issues related to the draft bill to ban cryptocurrencies in India. His words and…
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India’s Popular ‘Who Wants to Be a Millionaire’ Show Gives Crypto a Boost
One of the most popular reality TV shows in India called Kaun Banega Crorepati, based on the show ‘Who Wants to Be a Millionaire,’ has just given crypto a boost. A contestant on the show was asked a question about Facebook’s Libra cryptocurrency, and the show’s host, Amitabh Bachchan, proceeded to explain what cryptocurrencies are…
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Crypto Banking Expands With Positive Interest Rates and New Services
Banking, in the traditional sense of the term, has become a financial burden for account holders in regions where the era of subzero interest rates has already set in. European nations like Sweden, Denmark, Switzerland, and Eurozone countries have been in negative territory for some time, and banks there have started passing the burden to…
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10 Useful Browser Plugins to Help Crypto Users
There are many different browser extensions or plugins that benefit cryptocurrency users, ranging from price trackers and wallets to those that help crypto users with security and privacy. Bitcoin.com has produced a video, listing 10 of the most useful browser extensions with explanations of how they can help crypto users. Also read: Central Banks Worldwide…