All these banks must strictly implement 'Notice on preventing Bitcoin risks'

2021-6-21 15:00

It's no secret that China is not a fan of cryptocurrencies. To reaffirm its objection towards the use of virtual currencies, China's central bank interviewed 5 banks and Alipay and requested them to nThe post All these banks must strictly implement 'Notice on preventing Bitcoin risks' appeared first on AMBCrypto.

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banks risks → Результатов: 86


Texas Banking Department says Chartered Banks are Allowed to Provide Virtual Currency Custody Services

“Texas leads the way,” said Texas Blockchain Council as it noted that the Texas Department of Banking has issued a notice saying that chartered banks in the state may provide customers with virtual currency custody services, as long as they have adequate protocols in place to effectively manage risks.

2021-6-12 18:08


Bank Of England And HM Treasury Launch CBDC Task Force to Evaluate Opportunities & Risks

The booming cryptocurrency industry is forcing national banks to look towards fiat-backed digital currencies as a way of regaining back control of the financial system. Even as the outcry for central bank digital currencies (CBDCs) is becoming more and more pronounced, many world governments are gradually launching their own independent programs to meet this growing […] The post Bank Of England And HM Treasury Launch CBDC Task Force to Evaluate Opportunities & Risks first appeared on BitcoinExchangeGuide.

2021-4-20 20:24


How secure are CBDCs? From security to policy, here are the risks associated with CBDC issuance

Central Bank Digital Currencies have taken the world by storm; the landscape of cryptocurrencies has evolved to an extent where central banks of various countries are now analyzing and researching wayThe post How secure are CBDCs? From security to policy, here are the risks associated with CBDC issuance appeared first on AMBCrypto.

2020-1-24 11:00


60% Of German Banks’ Charge Negative Interest Rates, ECB Says It Could Give Rise To ‘Bigger Risks’

Nearly 60% of German banks are charging negative interest rates from corporate clients on deposits while 23% are doing the same for retail customers, revealed a survey by the German central bank. Two weeks after the European Central Bank cut interest rates deeper into negative territory, from minus 0.4% to minus 0.5% in mid-September, the […]

2019-11-21 23:58


Stablecoin regulations would need to eliminate risks regarding liquidity of underlying assets, claims IMF

As Central Banks across the world start looking into cryptocurrencies and DLT to see how feasible a fiat-backed digital currency would be, the IMF (International Monetary Fund) has now entered the conversation as well, publishing a blog post exploring the advantages of a privately issued stablecoin, one which is backed by central bank reserves.

2019-9-28 18:30


Moody’s Ratings Agency Warns Against Risks Associated With Private Blockchains

On April 25th, rating agency Moody’s released a report titled “Blockchain Improves Operational Efficiency for Securitizations, Amid New Risks.” In the report, the rating agency highlights the growing attraction of blockchain technology to banks and others involved in so-called securitizations, or the conversion of debts and other financial assets into easily tradeable forms. Moody's Investors […]

2019-5-1 06:19


Pakistan Regulates Cryptocurrency to Prevent ‘Terrorism Financing’

Pakistan has announced plans to regulate cryptocurrencies in accordance with recommendations of the Financial Action Task Force (FATF). The regulations will be introduced immediately. Pakistan embraces digital currencies reluctantly Pakistan had previously taken a hard stance against cryptocurrencies, with the country’s central bank warning banks and other financial services providers against offering services that supported virtual currency transactions.

2019-4-1 12:04


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Op Ed: With Bitcoin, Anarchy Is the Point, Not the Problem

Last week, there was a panel at SXSW that was effectively a debate on the merits of permissioned blockchains versus permissionless systems like Bitcoin. I listened to the entire audio of the panel discussion, after Programming Bitcoin author Jimmy Song tweeted it out the other day, and I thought he did an awesome job of pointing out the key value proposition of Bitcoin and why it is not worth comparing to permissioned systems.

2019-3-23 17:29