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How to Explain Crypto Collectibles to Your Banker

How to Explain Crypto Collectibles to Your Banker

Talking to noobs about bitcoin Stepping back, when talking to people about cryptocurrency I find most have at least heard about bitcoin. If they’re a little savvier, they might know about ethereum or litecoin. Some folks might have even heard about Ripple and XRP, but you can tell them that’s ...

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Halt the Internet? BIS Report Critiques Blockchain and DLT Claims

Halt the Internet? BIS Report Critiques Blockchain and DLT Claims

A financial institution operated by the world’s central banks is taking aim at cryptocurrencies, questioning their ability to deliver on their promise in a new report published Sunday morning. The document, titled “Cryptocurrencies: looking beyond the hype” and released by the Bank of International Settlements (BIS), explains the history behind ...

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The rise of the petro-yuan

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China is aiming to overthrow the U.S. dollar as the currency of choice for the oil market, a move that could have far-reaching consequences. Beijing hopes to challenge the dollar by setting up a futures market with its own currency, the yuan. To that end, reports indicate that China is set to ...

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World’s biggest market: Humans not allowed

Forex TRading Currency Markets

The $5.1 trillion-a-day currency market is losing its human touch. That’s the conclusion of trading and foreign-exchange heads surveyed by the organizers of the TradeTech FX conference in Miami. Of the 100 North America-based respondents, 94 said they aimed to automate more of their foreign-exchange trading operations in the next ...

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Bank of England steps up scrutiny of lenders

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 The Bank of England is stepping up its scrutiny of banks and other lenders on credit cards, personal loans and car purchases amid fears that growing consumer debt could rebound on the banking system. Threadneedle Street is writing to the firms it regulates after reviewing the consumer credit sector, where ...

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