Bitcoin Suisse Founder: European Banks Will Soon Offer Bitcoin Wallets
Bitcoin Suisse founder, Niklas Nikolajsen, has said that European bank accounts will eventually be offering bitcoin wallets. In an interview with finews.ch at the Fintech Conference Finance 2.0, Nikolajsen explained that while European banks will soon be providing bitcoin wallets he didn’t specify which banks these would be, only that it would ‘not be an exotic bank.’ While digital currencies such as bitcoin are faster and cheaper than traditional banking methods, it seems that the notion that banks will be providing bitcoin wallets anytime soon is unrealistic. Nikolajsen seems to think,....
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In his opinion, European banks will start to offer Bitcoin accounts very soon. This would certainly be an exciting change of pace, albeit it sounds rather unrealistic. It would be kind of interesting when banks around the globe start to offer Bitcoin accounts very soon. That is what Bitcoin Suisse founder Niklas Nikolajsen feels will happen in the coming years. Traditional bank accounts which can also be denominated in cryptocurrency sounds kind of interesting on paper, albeit it is doubtful that idea is even feasible. It is true Bitcoin, and cryptocurrency is faster and cheaper options....
Despite the uncertainty around the launch of Ethereum 2.0, Bitcoin Suisse expects to make its ETH staking service available before the holidays. Crypto service provider Bitcoin Suisse expects to offer its Ethereum (ETH) staking services before Christmas, underscoring the firm’s expectations of an imminent launch of Ethereum 2.0. In a statement released Wednesday via Trustnodes, Bitcoin Suisse said:“The deposit contract for Ethereum 2 is now live. This means that the new version of the second biggest protocol by market cap will most likely become a reality before Christmas.”The firm intends....
Edmund C. Moy, the 38th Director of the United States Mint, isn't afraid to show the world he's a fan of cryptocurrencies. Moy took to his Twitter account to respond to a posted article on CNBC.com with regard to the criminal conviction of Credit Suisse, one of the largest banks in the world. Moy's tweet read: "$2.6B fine 'won't do much damage': Credit Suisse CEO. It's time banks got competition. Time for cryptocurrencies." In a day and age where banks can seemingly get away with anything (and if they don't it's a minor slap on the wrist), Moy realizes that cryptocurrencies remove the need....
It’s been more than a decade since the financial crisis in 2007-2008 when Lehman Brothers, the fourth largest investment bank in the U.S., collapsed and filed bankruptcy. Close to 14 years later, Credit Suisse and Deutsche Bank, two of the world’s largest banks, are suffering from distressed valuations and the banks’ credit default insurance levels are approaching degrees not seen since 2008. Credit Suisse and Deutsche Bank Valuations Have Dive-Bombed — Investors Discuss the Systemic Risk to the Global Economy During the first week of October, the world economy....
The European Banking Authority (EBA) published today the results of the 2014 European Union (EU)-wide stress test of 123 banks. The health check was carried out on 123 European banks by the EBA to determine whether they could withstand another financial crisis. The results: over the three-year horizon of the exercise, 24 banks would fail the stress test - in other words, they could not withstand another financial crisis. 14 of these banks are in the Eurozone. The list of 14 includes four Italian banks, two Greek banks, two Belgian banks and two Slovenian banks. Nine Italian banks have....