Inflation Did Not Come From Nowhere – Bitcoin Magazine
[ad_1] This is an opinion editorial by Federico Rivi, an independent journalist and author of the Bitcoin Train newsletter.We are raising interest rates “because we are fighting inflation. Inflation has come out of practically nothing.” So said European Central...
Bitcoin Hits $17,000, But Is It Too Early To Call The All Clear?
[ad_1] Bitcoin is retracing its recent week losses, and it’s about to reclaim the support lost during the FTX debacle. The number one crypto by market capitalization is displaying some short-term strength as macroeconomic conditions continue to improve. Other...
New Financial Services Regs Will Require Comprehensive Action By Boards
[ad_1] New regulation will fundamentally change the landscape for the biggest tech companies—particularly cloud providers, says a new paper from JWG, the London-based think tank that tracks and analyzes financial services regulation. Risk Management getty “Managing...
BVNK Gains UK EMI License by Acquiring SPS
[ad_1] London-based BVNK, a cryptocurrency-based payment and banking platform, has secured an Electronic Money Institution (EMI) license in the United Kingdom by acquiring the paytech firm, System Pay Services (SPS). Take Advantage of the Biggest Financial Event in...
HSBC UK set to close 114 bank branches next year
[ad_1] HSBC has announced it will be closing down 114 bank branches across the UK from April 2023, citing customer migration from physical to digital banking. HSBC to close 114 bank branches across the UK The banking giant states that over the past five years, use of...
CFTC chief says Bitcoin is the only commodity in the wake of FTX collapse
[ad_1] The chief of the United States Commodity Futures Trading Commission (CFTC), Rostin Behnam, claimed Bitcoin is the only crypto asset that can be viewed as a commodity during an invite-only crypto event at Princeton University, reported Fortune.Behnam’s comments...
Crypto Yield Offerings Have Collapsed – Bitcoin Magazine
[ad_1] The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine’s premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe...
Banks Need Digital Business Transformation To Thrive (Survive?)
[ad_1] With the average return on equity (ROE) for the top 250 banks globally (by total asset) was at 6.29% in 2020, digital transformation to improve customer service and reduce costs is imperative, according to a report from the Banking Industry Architecture The...
