banks

Friend or Foe: Inside Poland’s Strange War on Cryptocurrencies

17 hours ago kakp2 0
On the list of anti-cryptocurrency countries, Poland has never really stuck out. In fact, there has been enough evidence to suggest that the Eastern European country was moving towards embracing Bitcoin and Blockchain technology. However, a recently uncovered smear campaign by the NBP (National Polish Bank, or Central Bank) has thrown that all out of Read More

Traditional Banks Hate Crypto: Expert Blog

2 months ago adcity Comments Off on Traditional Banks Hate Crypto: Expert Blog
Expert Blog is Cointelegraph’s new series of articles by crypto industry leaders. It covers everything from Blockchain technology and cryptocurrencies to ICO regulation and investment analysis. If you want to become our guest author and get published on Cointelegraph, please send us an email at mike@cointelegraph.com. Digital currency’s total market capitalization is around $500 bln Read More

Israeli PM Netanyahu Says Bitcoin Is Rising as Banks Are Destined to Disappear

2 months ago adcity Comments Off on Israeli PM Netanyahu Says Bitcoin Is Rising as Banks Are Destined to Disappear
Economics With the meteoric rise in the value of bitcoin this year and the media cacophony around it, its a surprise that not all world leaders have spoken about the subject yet. One political figure that we can now rest assure is keeping an eye on bitcoin is Israeli Prime Minister Benjamin Netanyahu. Also Read: Israeli Read More

The next Trump legal crisis: Who is in charge at the Consumer Financial Protection Bureau?

3 months ago adcity Comments Off on The next Trump legal crisis: Who is in charge at the Consumer Financial Protection Bureau?
Who will lead the only US financial regulator focused on protecting regular people? That’s a problem that will need to be solved by the courts, thanks to a legal mess created by president Donald Trump. The Consumer Financial Protection Bureau was set up after the financial crisis, when it became clear that part of the Read More

India’s biggest banks are piling on the losses, and investors are loving it

3 months ago adcity Comments Off on India’s biggest banks are piling on the losses, and investors are loving it
The Indian banking sector is in a curious situation: Some of the country’s biggest banks are reporting losses, yet stock markets are rewarding them. The State Bank of India (SBI), India’s largest lender, reported a 38% decline in its net profit in the July-September quarter of financial year 2018. Given the decline, one would have Read More

Credit Suisse CEO Has No Appetite for Bitcoin, Cries “Bubble”

4 months ago adcity Comments Off on Credit Suisse CEO Has No Appetite for Bitcoin, Cries “Bubble”
While the lack of regulation and use by criminals once formed the basis of attacks on Bitcoin, “bubble” is the latest condemnation used by skeptics. Credit Suisse CEO Thiam used the same logic to attack Bitcoin. Speaking at a news conference in Zurich, Thiam said: “From what we can identify, the only reason today to Read More