Paypugs, a payment service provider, announced on Friday that it has partnered with Lithuania-regulated Verifo to further expand banking and payment possibilities. The partnership will enable the two ...
Tag: Banking
I’m 68, my husband is terminally ill, and his $3 million estate will go to his son. I want to spend the rest of my days traveling – will I have enough money?
Please help me. I am a 68-year-old woman married 17 years to the love of my life. Our finances have always been separate, and I signed a prenuptial acknowledging that his son will inherit his estate h...
Banking Giant Goldman Sachs Says Bitcoin Can Break $100,000 Under This Condition: Report
One of the world’s top financial firms believes that top crypto asset Bitcoin (BTC) can breach a key psychological price benchmark by taking market share from a competing store of value. In a new arti...
Bitcoin Tanked After the Fed Minutes Were Released. Here’s Why.
Text size Proponents of Bitcoin argue that its limited supply should make it an inflation-proof asset akin to gold. Dreamstime Bitcoin slid sharply after the Federal Reserve released minutes of its De...
Banking Systems looking forward to starting Crypto Trading to stay in Digital Asset Race
Traditional financial institutions are taking Crypto trading and launching or preparing to initiate crypto services like crypto exchanges After opposing and criticizing cryptocurrencies and crypto tra...
Banking Giant Goldman Sachs Sees Bitcoin Hitting $100,000
Alex Dovbnya The Bitcoin price could still reach $100,000 after an underwhelming year Goldman Sachs recently predicted that the price of Bitcoin could reach $100,000. The U.S. banking giant estimate...
Digital Asset Banking: The Natives
January 4, 2022, 12:17PM EST • 10 min read Quick Take The US now has 7 crypto-native banks operating under state or federal charters Since OCC regulation on digital banking in July 2020, 2 Wyoming and...
Citi Is Bullish on Lucid Stock. Where Is the Rest of Wall Street?
Text size A Lucid Air Grand Touring electric luxury car. Patrick T. Fallon/AFP/Getty Images Citigroup is staying bullish on electric-vehicle startup Lucid to start the new year. Analyst Itay Michaeli ...
Report: Bitcoin consumes less energy compared to banking and gold industry
For a very long time, Bitcoin’s energy consumption has been used as a whip by many critics of the asset who believe that the amount of energy used in mining new units of the coin could impact the envi...
Hong Kong Fintech Unicorn WeLab To Enter Increasingly Crowded Indonesian Digital Banking Market
Simon Loong, WeLab cofounder and CEO. COURTESY OF WeLab WeLab, a fintech unicorn startup based in Hong Kong, is planning to launch a digital bank in Indonesia in the second half of this year, followin...
The $2 Trillion Cryptocurrency Market Is Drawing Interest From Investors, Scrutiny From U.S. Regulators
WASHINGTON—As cryptocurrencies go mainstream, prices for bitcoin and other digital tokens are often displayed on cable-news tickers and finance apps as though they were just like regular stocks, bonds...
Trump-Appointed Chairman’s Resignation Hands Control of FDIC to Democrats
WASHINGTON— Jelena McWilliams’s decision to resign as chairman of the Federal Deposit Insurance Corp. paves the way for Democrats to gain control of the agency’s agenda in the coming weeks, potentiall...
The Warren-Biden Bank Heist – WSJ
Elizabeth Warren finally got her woman—that is, the Senator and her many acolytes in the Biden Administration have succeeded in ousting Jelena McWilliams as chair of the Federal Deposit Insurance Corp...
Weekend reads: Your money and how to invest in 2022
Happy New Year! As 2021 ends, we once again hope for the new year will bring a pandemic recovery. Here are some looks ahead at what may affect financial markets, companies and even you in 2022. Turn a...
20 cheap value stocks that Wall Street expects to rise up to 58%
There are plenty of arguments for why the bull market for U.S. stocks will continue in 2022. But investors’ focus appears to have shifted recently in favor of value stocks, rather than the growth stoc...