Wednesday, January 22, 2020

Italians Love Cash But Are Growing Fond of Crypto, New Stats Suggest

Italy, one of the world’s largest economies, has faced plenty of financial challenges in the past decade. That’s probably one of the reasons why...

Why Bitcoin: China Testing Ban of Cash Transactions to Stave Off Crime

The need for a form of decentralized money like Bitcoin was just validated… again. The reason: one of the world’s largest economics has just...

Bitcoin Awaiting Slice of Investors’ Trillions in Cash Reserves

Wary investors are holding about $3.4 trillion in cash, waiting for the right moment to enter the markets. This huge cash stockpile demonstrates investors’...

Another Chinese Lender Bailed Out After Bank Run

Yichuan Rural Commercial Bank, a lender operating in the central Henan province, has become the latest Chinese bank to be bailed out by the...

Bitcoin Solves This: Hong Kong ATMs Out Of Cash And Panic Over Indian Banks

Escalating political tensions in Hong Kong and a potential economic and banking crisis in India has highlighted how fragile cash savings can be. Naturally...

Zimbabwe Bans Mobile Cash And Forex But Bitcoin Remains Unknown

Bitcoin proponents are raising awareness of fiat currency alternatives for Zimbabweans after the country’s central bank suddenly banned a popular payment option. ...

Connecting Cash to the Internet Using Stablecoins

Most often overlooked in the fintech space is the world’s most scalable and private payment system: cash. It is used in every country around...

When Cash Is Banned, Centralized Cryptos Are Not Going to Save You

Australia is now moving forward with its proposed legislation to ban cash purchases over 10,000 AUD ($6,900) for business purposes. According to the treasury website:…
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