#registeracompany

Aug 28, 2019
1 min

Denmark 2nd biggest bank Jyske Bank, charges 0.6% deposit yearly interest

It has now been less than two weeks since Denmark's second-largest bank, Jyske Bank, announced that it would be the world's first bank to offer negative-interest housing loans. Yesterday, the bank announced, wealthy gurus have to start paying the bank interest on deposits, Reuters writes. The change concerns customers with at least DKK 7.5 million, or approximately $ 1.1 million, in their account. The deposit interest rate is minus 0.6 percent per annum. "In Denmark, the era

Walmart applied to patent a Stablecoin like Facebook Libra

Sirje Soo

Aug 6, 2019
2 min

Walmart applied to patent a Stablecoin like Facebook Libra

Walmart, a giant name in retail has now applied for a cryptocurrency patent having similarities to Libra token which was proposed by Facebook. In its application with Trademark Office and the U.S. Patent, Walmart touts the idea of an advanced money "attached to a normal cash" – that is, what's usually known as a stablecoin. Libra will be a token pegged to a bin of fiat monetary forms and government bonds, as per Facebook. Moreover, it was also suggested by the filing that thi

The head of the Estonia Financial Supervision Authority – cryptocurrency is coming anyway

Mardo Soo

Jul 24, 2019
7 min

The head of the Estonia Financial Supervision Authority – cryptocurrency is coming anyway

The head of the Financial Supervision Authority, Kilvar Kessler, considers the introduction of cryptocurrencies, such as Facebook's Libra, an inevitable development that makes no sense to fight, but must be subject to the right rules by the states. The idea of Facebook to create its own cryptocurrency has received much criticism. Why? In order to talk about a phenomenon at all, one should first understand what we are talking about, what these elements are. And only then can