Generative Data Intelligence

Tag: Demand for Cash

US Government Prints 756,096,000 $50 Bills As Americans Begin Hoarding Physical Cash: Report – The Daily Hodl

The Federal Reserve Bank is printing a record number of $50 bills as Americans feel the urge to hold physical cash. The Bureau of Engraving...

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Bank of England deputy governor says stablecoins are a shift away from ‘public money’

Bank of England deputy governor Jon Cunliffe spoke about the growth of stablecoins and digital money in the UK during a speech yesterday at the OMFIF Digital Money Institute, London.

The post Bank of England deputy governor says stablecoins are a shift away from ‘public money’ appeared first on CryptoSlate.

WHY YOU NEED TO WITHDRAW YOUR BITCOIN.. immediately

Article by Captain Sidd There are various reasons why you should withdraw your bitcoin and utilize self-custody. You might be excited at the stamp of approval this gives bitcoin from the old guard. It will also allow many investors to much more easily gain exposure to bitcoin through current accounts at big banks. These are […]

The post WHY YOU NEED TO WITHDRAW YOUR BITCOIN.. immediately appeared first on CryptoClarified.

Genesis quarterly report shows ‘relentless’ demand for dollars in crypto credit market

Since Genesis Global Trading launched a lending business in 2018, it has originated more than $40 billion loans — and that growth doesn’t appear to be slowing down.  The firm, which releases a breakdown of its business across trading, lending, and derivatives every quarter, saw active loans outstanding on its platform increase 136% relative to […]

The post Genesis quarterly report shows ‘relentless’ demand for dollars in crypto credit market appeared first on The Block.

Key Takeaways From McKinsey’s 2020 Global Banking Review

The coronavirus pandemic brought an end to a decade-long window of opportunity for banks. Most industry incumbents did not use the bull market...

Bitcoin, Stocks at Risk as Dr. Fauci Predicts 100K Daily New COVID Cases

Dr. Anthony Fauci, the director of the National Institute of Allergy and Infectious Diseases and a key member of the White House coronavirus...

Kids Love Cash: Insights from the COVID-19 Crisis

If digital transformation is sweeping financial services – and this trend has been accelerated by the global public health crisis, as we...

Bank of Korea Officially Launches Advisory Group for Central Bank Digital Currency and Cryptocurrenices

ADVERTISEMENT The Bank of Korea (BOK) is ramping up efforts for the possible launch of a digital currency. The central bank has formed a...

Bitcoin Whales Accumulate $108M Worth of BTC as Price Dips

Bitcoin whales have started accumulating more tokens after the cryptocurrency’s price dipped below $9,500, according to data aggregator...

BIS Calls for Central Bank Digital Currencies Amid Coronavirus Pandemic

The Bank of International Settlements (BIS) has issued a report arguing in favor of central bank digital currencies (CBDCs) and digital payments amid the...

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