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Negative Interest Rates

Danske Bank Lowers Negative Rate Threshold, Denmark’s Business Minister Says ‘Enough is Enough’

Danske Bank Lowers Negative Rate Threshold,  Denmark’s Business Minister Says ‘Enough is Enough’On April 26, 2021, the Danish multinational banking and financial services corporation Danske Bank published a press release explaining that the institution has changed the threshold for personal customers and standard interest rates for business customers in Denmark. The Bank plans to lower the threshold for charging negative interest on deposits from DKK 100,000 to […]

SVM Sonic, Injective to roll out crosschain AI agent hub

The Global Economy Comes Before Savers: ECB President Christine Lagarde Defends Negative Interest Rates

The Global Economy Comes Before Savers: ECB President Christine Lagarde Defends Negative Interest RatesThe European Central Bank President Christine Lagarde is keeping the central bank’s monetary easing policies unchanged according to her statements from a press conference last Thursday. Moreover, the central bank’s Twitter account recently shared a video of Lagarde defending negative interest rates, as the bank’s President stresses that they “support companies and people in the […]

SVM Sonic, Injective to roll out crosschain AI agent hub

Report: Banking Giant Natwest to Refuse Service to Businesses That Accept Cryptocurrencies

Report: Banking Giant Natwest to Refuse Service to Businesses That Accept CryptocurrenciesThe major retail and commercial financial institution National Westminster Bank (Natwest) has categorized cryptocurrencies as “high risk” and refuses to serve business customers who accept digital assets for payments. A Natwest board member, Morten Friis, explains the bank has no appetite for dealing with these types of customers as Natwest is taking a “cautious approach” […]

SVM Sonic, Injective to roll out crosschain AI agent hub