10% p.a. in Savings Accounts in Offshore Banks Aidos Kuneen
A few days ago, the media reported a thousand frozen accounts of Chinese citizens by the Spanish BBVA bank. In today's world, offshore banking is widely used by people around the world and is a good alternative if a man does not want to rely only on the situation in the resident country. Many people use offshore accounts to reduce political risk in their own country. The size of the offshore market is around 32 trillion dollars.
Blockchain in Italy: Banking Institutions Switch to Fintech
The financial banking institutions in Italy must change to blockchain decisively because a conservative reaction, targeted at minimizing technological developments and limited to just meeting compliance obligations, may not guarantee endurance in the market. Carmelo Barbagallo, head of supervision in Bank of Italy, revealed on Feb 8, 2019 in Napoli, Fasi reports.