Binance Square
Banks
170,498 megtekintés
237 Bejegyzések
Népszerű
Legfrissebb
LIVE
LIVE
Traders Family
--
Bikajellegű
there are many people who say that cryptocurrencies are insecure because there is no physical entity that supports everything, if we go to the example of banks, they are physical entities and even so they are insecure🤷🏼‍♂️ #bitcoin #BTC #Banks #crypto
there are many people who say that cryptocurrencies are insecure because there is no physical entity that supports everything, if we go to the example of banks, they are physical entities and even so they are insecure🤷🏼‍♂️

#bitcoin #BTC #Banks #crypto
US banks had unrealized losses of $1.7 trillion at the end of 2022.  $17 trillion in total U.S. bank deposits, nearly $7 trillion are currently not insured by the FDIC(Federal Deposit Insurance Corporation) #Bitcoin #crypto2023 #SVBCollapse #Banks
US banks had unrealized losses of $1.7 trillion at the end of 2022.
 $17 trillion in total U.S. bank deposits, nearly $7 trillion are currently not insured by the FDIC(Federal Deposit Insurance Corporation)

#Bitcoin #crypto2023 #SVBCollapse #Banks
Banks Open 9-5 weekdays for 1 billion people and can close your account but #Bitcoin open 24/7/365 days for 8 billion people and can never close your account . That's why Bitcoin is Future and by the don't put your savings in #Banks #BNB #Binance #dyor #MAB
Banks Open 9-5 weekdays for 1 billion people and can close your account but #Bitcoin open 24/7/365 days for 8 billion people and can never close your account . That's why Bitcoin is Future and by the don't put your savings in #Banks #BNB #Binance #dyor #MAB
LIVE
--
Bikajellegű
DeFi vs. Traditional Banks: 3 Key Differences #DeFiMeme 1. Accessibility and Inclusion: - DeFi: Decentralized Finance is accessible to anyone with an internet connection, providing financial services globally. It's especially valuable in underserved regions where traditional banks may be absent or inaccessible. - Banks: Traditional banks often require physical presence or extensive documentation, excluding individuals who lack access to these facilities. 2. Transparency and Control: - DeFi: DeFi operates on blockchain technology, offering transparent and immutable transactions. Users have more control over their assets and can track their transactions in real-time. - Banks: Traditional banks often lack the same level of transparency, with transactions and account activities hidden behind complex systems. Users have less direct control over their finances. 3. Innovation and Speed: - DeFi: DeFi fosters innovation by enabling the creation of new financial products and services. Transactions are often faster, and users can engage in yield farming and trading seamlessly. - Banks: Traditional banks can be slower to adopt new technologies, leading to delays in services and less flexibility in financial product offerings. While DeFi offers accessibility, transparency, and innovation, traditional banks provide stability, regulatory protections, and physical branches for some users. The choice between the two often depends on an individual's needs and preferences. #DeFiChallenge #DeFi #Banks #crypto2023 $BTC $ETH $BNB
DeFi vs. Traditional Banks: 3 Key Differences
#DeFiMeme
1. Accessibility and Inclusion:
- DeFi: Decentralized Finance is accessible to anyone with an internet connection, providing financial services globally. It's especially valuable in underserved regions where traditional banks may be absent or inaccessible.

- Banks: Traditional banks often require physical presence or extensive documentation, excluding individuals who lack access to these facilities.
2. Transparency and Control:
- DeFi: DeFi operates on blockchain technology, offering transparent and immutable transactions. Users have more control over their assets and can track their transactions in real-time.
- Banks: Traditional banks often lack the same level of transparency, with transactions and account activities hidden behind complex systems. Users have less direct control over their finances.
3. Innovation and Speed:
- DeFi: DeFi fosters innovation by enabling the creation of new financial products and services. Transactions are often faster, and users can engage in yield farming and trading seamlessly.
- Banks: Traditional banks can be slower to adopt new technologies, leading to delays in services and less flexibility in financial product offerings.
While DeFi offers accessibility, transparency, and innovation, traditional banks provide stability, regulatory protections, and physical branches for some users. The choice between the two often depends on an individual's needs and preferences.
#DeFiChallenge #DeFi #Banks #crypto2023
$BTC $ETH $BNB
#Banks in crisis: two hectic months with 3 of the 5 largest bank #failures in history First Republic is among the five largest bank failures in U.S. history and most have happened in the last 2 months. #dyor #BTC #crypto2023
#Banks in crisis: two hectic months with 3 of the 5 largest bank #failures in history

First Republic is among the five largest bank failures in U.S. history and most have happened in the last 2 months.

#dyor #BTC #crypto2023
One of the main focuses is to keep #cryptocurrencies without a backing outside the traditional financial system. #Banks will have to disclose their exposure to cryptocurrencies. The #European Council also stated that the agreement includes a specific regime for cryptocurrencies. This is how the Basel Committee on Banking Supervision is currently working on a set of rules to #regulate cryptocurrencies. #crypto2023
One of the main focuses is to keep #cryptocurrencies without a backing outside the traditional financial system.

#Banks will have to disclose their exposure to cryptocurrencies.

The #European Council also stated that the agreement includes a specific regime for cryptocurrencies. This is how the Basel Committee on Banking Supervision is currently working on a set of rules to #regulate cryptocurrencies.

#crypto2023
Fedezd fel a legfrissebb kriptovaluta híreket
⚡️ Vegyél részt a legfrissebb kriptovaluta megbeszéléseken
💬 Lépj kapcsolatba a kedvenc alkotóiddal
👍 Élvezd a téged érdeklő tartalmakat
E-mail-cím/telefonszám