News about BANKING

News about Banking

Cryptocurrency wins votes of confidence from Gov. Abbott, Texas Department of Banking

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How Scallop Intends to Take on The Global Banking Industry

The world’s banking industry is ever-evolving, with new trends and disruptive opportunities emerging every year. In 2020, the global pandemic gave rise to a large shift in consumer behavior in almost every industry. For banking, like many other...

Global Banking Regulator Weighs Crypto Capital Rules

The Basel Committee on Banking Supervision says growth in crypto could pose risks to lenders. Swiss-based global banking regulator, the Basel Committee on Banking Supervision, is considering the introduction of crypto capital rules, the watchdog anno...

The APY is more attractive than traditional banking. Are you interested in? #defi

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Global banking regulator plans to hold consultation on crypto exposure

The group has previously warned of "financial stability concerns" and risks faced by banks when it comes to cryptocurrencies. The Basel Committee on Banking Supervisio...

Banking without Banks: Decentralized Finance is Coming -- Harvard Business Review

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Why the whole banking system is a scam - Godfrey Bloom

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India’s Central Bank RBI Confirms Crypto Banking Ban ‘No Longer Valid’ — Asks Banks to Stop Quoting It

Indian central bank, the Reserve Bank of India (RBI), has officially advised banks that its banking ban circular is no longer valid as it was set aside by the country’s supreme court more than one year ago. Despite the supreme court’s rul...

Cardano Boss Says Good Riddance To Dying Banking System

Cardano Founder Charles Hoskinson shared his damning thoughts on the legacy financial system, concluding that cryptocurrency will take over because it offers a better way. The Banking System Brought This On Itself Much is said about the enmity betwe...

Bitcoin Actually Uses WAY Less Energy Than the Banking System, a New Paper Says

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Escaping the Global Banking Cartel

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Top US Banking Regulator to Review Cryptocurrency Standards Under New Leadership

The new Acting Comptroller of the Currency, Michael Hsu, has requested a review of the cryptocurrency standards established by the top U.S. banking regulator. He is also urged to “reassess any conditional national trust charters and halt the ap...

Biggest Layoffs in US Banking History: Analyst Predicts Banks to Cut 200,000 Jobs

A Wells Fargo analyst has predicted the largest “reduction in U.S. bank headcount in history.” Banks are expected to cut 200,000 jobs as they strive to improve productivity and efficiency amid rising competition from fintech and non-bank...

Bitcoin mining actually uses less energy than traditional banking, new report claims

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Even though the environmental problem seems to be genuine from Musks side to abandon Bitcoin, yet many investors are not buying his story as the recent report from Galaxy Digital shows banking system consumes much more energy than the Bitcoin network.

submitted by /u/rollingincrypto [link] [comments]

Even though the environmental problem seems to be genuine from Musks side to abandon Bitcoin, yet many investors are not buying his story as the recent report from Galaxy Digital showed that the traditional banking system consumes much more energy than th

submitted by /u/rollingincrypto [link] [comments]

Even though the environmental problem seems to be genuine from Musks side to abandon Bitcoin, yet many investors are not buying his story as the recent report from Galaxy Digital showed that the traditional banking system consumes much more energy than th

submitted by /u/rollingincrypto [link] [comments]

Even though the environmental problem seems to be genuine from Musks side to abandon Bitcoin, yet many investors are not buying his story as the recent report from Galaxy Digital showed that the traditional banking system consumes much more energy than th

submitted by /u/rollingincrypto [link] [comments]

Even though the environmental problem seems to be genuine from Musks side to abandon Bitcoin, yet many investors are not buying his story as the recent report from Galaxy Digital showed that the traditional banking system consumes much more energy than th

submitted by /u/rollingincrypto [link] [comments]

Even though the environmental problem seems to be genuine from Musks side to abandon Bitcoin, yet many investors are not buying his story as the recent report from Galaxy Digital showed that the traditional banking system consumes much more energy than th

submitted by /u/rollingincrypto [link] [comments]

Even though the environmental problem seems to be genuine from Musks side to abandon Bitcoin, yet many investors are not buying his story as the recent report from Galaxy Digital showed that the traditional banking system consumes much more energy than th

submitted by /u/rollingincrypto [link] [comments]

Banking system consumes two times more energy than Bitcoin: research

According to Galaxy’s estimates, the annual energy usage of Bitcoin stands at 114 TWh, while the banking industry consumes over 260 TWh each year. Amid the ongoing co...

Banking System Uses Significantly More Energy Than Bitcoin, Research Shows

A new report shows that the banking system consumes more than twice the amount of energy that bitcoin does. The authors analyzed bitcoin’s energy usage and compared it to the banking and gold industries. Banking System Consumes Much More Energy...

South Korean Banking Association Concerned Over Surge of the Altcoin Trading Frenzy

A banking association in South Korea recently added weight to regulatory discussions across the country, raising concerns about the high altcoin trading volume. The Korea Federation of Banks (KFB) requested its members to audit trading volumes throug...

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