[ad_2][ad_1] Nigeria, the largest economy in Africa, has not been able to efficiently tackle its rising unemployment rate – a time bomb if not dealt with quickly. In 2020, the frontier market has seen an increase in its unemployment rate, due to an ever-growing dependent population, the reduction in total …
Read More »(Reprint) China’s October Bank Surplus in Settlement and Foreign Exchange Sales Hits Five-Month High, Valet Surplus Expands, But Willingness to Adjust Exchange Remains Low – Reuters
[ad_1] (Reprint) China’s October Bank Surplus in Settlement and Foreign Exchange Sales Hits Five-Month HighReuters . [ad_2] Source link
Read More »Deutsche Bank says investors increasingly prefer Bitcoin over gold as a hedge against inflation
[ad_2][ad_1] Bitcoin’s appeal as an alternative store of valuable assets is strengthening, according to analysts from German investment bank Deutsche Bank. “There seems to be a growing demand for using bitcoin where gold was being used to hedge dollar risk, inflation and other things,” said Jim Reid, chief executive, chief …
Read More »JP Morgan Chase & Co (NYSE: JPM), (GBTC) – Jamie Dimon’s bank has a cryptocurrency but says Bitcoin “isn’t my cup of tea”
[ad_2][ad_1] JPMorgan Chase & Co. (NYSE: JPM) CEO Jamie Dimon’s view against Bitcoin is widely known. The CEO reiterated this Wednesday at the New York Times DealBook Summit saying cryptocurrency “just isn’t my cup of tea,” Yahoo! Financial report. What happened: Dimon has been a vocal critic of Bitcoin in …
Read More »The investment bank with over $ 35 billion in assets plans to invest in bitcoin
[ad_2][ad_1] Mariner Wealth Advisors, a leading regulated investment advisory service (RIA) with over $ 35 billion in assets, revealed that it is partnering with Eaglebrook Advisors to give its clients access to Bitcoin. Crypto-focused investment firm Eaglebrook revealed that Mariner Wealth was partnering with its separately managed account (SMA) BTC …
Read More »Ethereum and Tezos Trial from the ninth largest bank
[ad_2][ad_1] BNB Paribas; In order to measure the efficiency of the Ethereum (ETH) and Tezos (XTZ) platforms in financial processes, he joined several organizations and started a new test study. BNB Paribas, the ninth largest bank in the world, will partner with CA CIB, Caisse de Dépots, Tokeny and The …
Read More »The Dutch Bitcoin company reluctantly tightens the rules at the request of the central bank
[ad_2][ad_1] Bitconic, a Netherlands-based Bitcoin (BTC) exchange, has informed its users that they now have to comply with a new verification measure to continue using its services. The change comes as a result of the Dutch central bank’s new requirements, published in November 2019, which state: “Cryptographic service providers should …
Read More »Nexo launches new services, focuses on decentralization to become a bank
[ad_2][ad_1] Source: a screenshot of the video, Youtube / Nexo By the end of this year, the leading cryptocurrency lender Nexus (NEXO) aims to launch an internal exchange, while they are also working on prime brokerage and commercial banking capabilities as the company aims to become “a full-fledged bank,” said …
Read More »How the pandemic changed the Russian economy. Infographics :: Economy :: RBC
[ad_1] Almost all of 2020 in the world takes place in the context of the coronavirus pandemic. How the Russian economy felt, what the Russians were buying and how their usual pace of life changed – in the RBC infographic When could the world’s first case of COVID-19 be detected? …
Read More »The Belarusian bank will offer Bitcoin purchases, with Litecoin and Ether on the way
[ad_2][ad_1] Belarusbank, one of the largest lenders in Belarus, has partnered with OTC broker White Bird to offer a bitcoin buying service, according to an announcement on Monday. For now, purchases will be available via bank cards issued in Belarus and Russia (the financial systems of the two countries are …
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