Younger generations in Switzerland prefer crypto currencies to gold

According to a representative survey by Migros Bank, younger generations are increasingly betting on crypto-currencies instead of physical gold. Around 7 percent of the 18- to 55-year-old Swiss population have invested money in bitcoin or in other crypto-currencies. That is more than they have invested in physical gold. For the over-55s, by contrast, the preference […]

The truth behind the World Economic Forum’s CBDC Policy-Maker Toolkit

At the end of January, the World Economic Forum in Davos published a 28-page guide for central banks entitled “Central Bank Digital Currency CBDC Policy-Maker Toolkit“. The document is intended to help countries to introduce digital currencies. An insight from Demelza Hays. The World Economic Forum’s Central Bank Digital Currency Policy-Maker Toolkit is a document […]

JPMorgan study on blockchain, digital money and crypto-currencies

The US investment bank JPMorgan Chase has published a report on blockchain, digital and crypto-currencies. The report states that blockchain is still many years away from being widely used. In the 74-page report, the report’s authors state that they see “long-term potential” for Distributed Ledger Technology (DLT) to change the current business model for banks, […]

US proposal on tax exempt investments in the equity market

The White House is exploring ways to create incentives for US households to invest in the stock market. One proposal is that a portion of income for investment purposes would be tax-exempt. According to CNBC, the Trump administration is currently examining several proposals as part of an upcoming stimulus package set to include tax-free investments […]