[ad_1] In a recent survey conducted by the Bank for International Settlements (BIS), a Swiss-based organization that represents 63 central banks and 95% of the global economy, it was revealed that more…
Category: BANKS
Caitlin Long On Bitcoin’s Banking Future: ‘Policymakers Are Going To Get What They Fear’
[ad_1] If you’ve been using Bitcoin for more than a few minutes,\ then you’ve heard the expression “be your own bank”. This, of course, refers to the fact that Bitcoin is a…
$450,000,000,000 To Exit US Banks As Treasury Kicks Off Massive Borrowing Spree: Morgan Stanley
[ad_1] Analysts from Morgan Stanley predict nearly half a trillion dollars will leave American banks as the US Treasury proceeds with plans to roll out new T-bills. Morgan Stanley expects $1.364 trillion…
US Banking Turmoil Now Bigger Than 2008 Financial Crisis – But Real Storm Hasn’t Hit Yet: Economist Peter St Onge
[ad_1] Economist Peter St Onge says the current banking crisis is bigger than the turmoil witnessed some 15 years ago – and is far from over. In a new video, St Onge…
Breaking the Barriers of Traditional Banking With Digital Assets – Op-Ed Bitcoin News
[ad_1] Another one biting the dust! The banking industry in the United States is in trouble, and regional banks are feeling the pressure. A number of banks have failed recently due to…
Bitcoin Spikes Following Silicon Valley Bankruptcy
[ad_1] Silicon Valley Bank is in the process of filing for bankruptcy, bringing back harsh memories of the FTX disaster five months ago. However, the effect appears to be the opposite of…
$1,000,000,000,000 Has Likely Exited US Banking System As America Risks Global Economic Isolation: Hank Paulson
[ad_1] Former US Treasury Secretary Hank Paulson believes the panic in the banking sector is not over, and that a first recession since 2007 may be inevitable. In a new interview with…
Brazilian Finance Giant BTG Pactual to Issue a Stablecoin Pegged to the US Dollar (Report)
[ad_1] BTG Pactual – one of the largest investment banks in Latin America – will reportedly launch its own stablecoin, whose value will be tied to the US dollar. The corporation joined…