Canada’s financial regulators tighten the reins on the crypto industry. Will those changes benefit the local market in the long run?
Category: Finance
How to Quickly Cash Out From Crypto to Fiat
There are many reasons why you might seek to liquidate your digital assets into fiat currency, be it to pay a bill, buy a meal, or cover an emergency. When needs must, speed is of the essence; no one has time to wait three days for a bank wire to clear. For those occasions when […]
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World’s Largest Banks Losing Stock Value During Weeks Marked by Pandemic
The spreading coronavirus infection is taking a toll on the global economy and traditional financial institutions are already hurting. The world’s largest banks have seen their stocks losing value over the past weeks and months while facing cash withdrawal pressure and preparing to deal with a shrinking asset base. Also read: US Cash Crisis: Withdrawal […]
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Shelter-in-Place for Cash? 2 Bills Submitted by US Congress Mention ‘Digital Dollars’
During the last few days, members of the U.S. Congress have been trying to pen a stimulus plan to help the American economy. Since then, a few bills have been submitted by representatives and two particular proposals House democrats have tabled talk about a “digital dollar” and “digital ledger entries.” Following the submission of the […]
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The Multi Trillion-Dollar Stimulus Package: These Are the US Corporations Begging for Bailouts
The coronavirus outbreak has caused considerable damage to the global economy and this week the U.S. is facing the onslaught of the scare. As Republicans and Democrats battle in congress over a 2020 stimulus plan, corporate industries are leaping at the chance to get a bailout. While the Fed tosses around trillions of dollars, nearly […]
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Coronavirus Bailouts: US Banking Watchdogs Waive Hundreds of Regulations, Red Tape, Financial Oversight
In 2019, cryptocurrency and blockchain businesses saw more regulation than any year prior. G20 finance ministers, central bank governors, and regulators cracked down hard on the bitcoin industry. However, during the covid-19 scare, U.S. authorities have been dropping regulations on a whim, making it easier on the financial sector. On March 22, the Federal Reserve […]
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Bidders Pay Up to 24% Less for MKR in Phase Two of MakerDAO Auction
Bidders have bagged savings of up to 24% in the second phase of the MakerDAO debt auction
Report: ICO Fundraising Plummeted 95% Year-Over-Year in 2019
While ICO fundraising fell 95% from $7.8 billion in 2018 to $371 million last year, equity fundraising is thriving among crypto startups
Citigroup Raises Investment in Ethereum-Based Trade Finance Startup
Citi announces additional investment in Komgo, also begins to integrate its trade processing system with platform’s blockchain
US Real Estate in Jeopardy – Analysts Predict Housing Market Crash to 29-Year Lows
As the coronavirus outbreak ravages the global economy, a number of industries are taking a bit longer to feel the brunt of the financial hardship. As individuals watch the value of their investments fall, economists believe the U.S. housing market will crash to 29-year lows amidst a looming global recession. Lendingtree’s chief economist Tendayi Kapfidze […]
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