2021-3-18 05:28 |
It looks like 2017 called and wants its Bitcoin condemnation back, with a Bank of America analyst reheating some long standing criticisms of BTC for its clients.
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As mainstream media pundits like the Bloomberg economics editor Peter Coy tell Americans to “tune out the hyperinflation hype,” fund managers from a recent Bank of America survey who collectively manage $630 billion, believe inflation is the biggest risk to markets right now.
2021-3-17 04:30 | |
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Bitcoin is devoid of real consumer value and looks like a financial pyramid, the head of the Russian bank Otkrytie believes. He compared cryptocurrency to the largest Russian Ponzi scheme MMM.
2021-3-1 11:48 | |
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Bank of Korea Governor Lee Ju-yeol has said that crypto assets like bitcoin have no intrinsic value – put simply, a measure of what an asset is actually worth. ● Speaking in the National Assembly on Feb.
2021-2-25 03:30 | |
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The European Central Bank finally tables its official opinion regarding crypto regulations to the top decision-making again, European Commission. In their official opinion, the ECB now wants the EU members of parliament to grant its veto powers regarding the legal status of stablecoins such as Facebook-supported-Diem.
2021-2-23 21:11 | |
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The president of the European Central Bank (ECB), Christine Lagarde, has clarified whether central banks will start holding bitcoin now that a growing number of companies, like Tesla, are embracing the cryptocurrency.
2021-2-11 15:14 | |
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Bank of Canada Deputy Gov. Timothy Lane unleashed sharp criticism at cryptocurrencies in a recent speech
2021-2-11 20:10 | |
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Central bank members are back with their warnings regarding Bitcoin and cryptocurrencies. Much like any other time, the warnings remain the same — be prepared to “lose all their money” for crypto investors.
2021-1-30 18:05 | |
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"People are just like, 'Whoa, mind blown — this is going to save me half a day because I don't have to go all the way to the bank during business hours and take three journeys on public transport and then wait in line for an hour ... I could do this on my phone.’”
2021-1-29 09:26 | |
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"We are not like Libra and we don’t have an ambition to replace existing currencies,” said a former governor of the People's Bank of China.
2020-12-14 12:40 | |
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A bitcoin wallet is like a safe that keeps your Bitcoin just like the traditional fiat currency and a bank account, making it compulsory for every individual looking to invest in Bitcoin to know how tThe post How to create a Bitcoin wallet appeared first on AMBCrypto.
2020-12-5 08:00 | |
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The legislation’s supporters claim this will help deter bad actors. Some crypto advocates see it as unnecessary regulation. Stablecoin Stability On Dec 2, 2020, Rashida Tlaib, Jesus Garcia, and Stephen Lynch, three congresspeople, introduced the Stablecoin, Tethering, and Bank licensing Enforcement (STABLE) Act.
2020-12-5 20:52 | |
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The Bank for International Settlements is the latest major financial organization looking to implement industry-standard regulations in the stablecoins arena. Meanwhile, several nations are also working towards creating their own central bank digital currencies (CBDCs) which are seen by some commentators as being driven by private stablecoin projects like Facebook’s Libra.
2020-11-26 02:01 | |
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Economists at the Federal Reserve Bank of New York suggest that privacy concerns at “Big Tech” firms like Facebook—which are developing their own digital currencies—could help position Central Bank Digital Currencies (CBDCs) as a better alternative.
2020-11-25 00:00 | |
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After proposing automated ways to monitor global stablecoins like Libra, a new report from BIS argues that a better solution may ultimately be central bank digital currencies.
2020-11-25 13:08 | |
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Call it the CPR for Operation Choke Point.
2020-11-23 05:00 | |
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Seems like the entire world is taking notice of Bitcoin and the wider cryptocurrency market. The Central Asian country of Kyrgyzstan is the latest to do so after the National Bank of the Kyrgyz RepublThe post Kyrgyzstan's central bank moves to regulate cryptocurrencies with new draft law appeared first on AMBCrypto.
2020-11-16 14:45 | |
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Chancellor Rishi Sunak said on Monday that to maintain certainty and stability for firms in the UK following its departure from the European Union, they will be “leading the global conversation on new technologies like stablecoins and Central Bank Digital Currencies.
2020-11-10 23:10 | |
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Veteran investor Bill Miller says that all major banks, investment banks, and high net worth firms will eventually have some exposure to bitcoin or something like it. He said that bitcoin’s staying power is getting better every day.
2020-11-9 02:30 | |
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Following bitcoin purchases by MicroStrategy and Square, Miller said every major investment bank and high net worth firm will eventually have exposure to bitcoin or commodities like gold.
2020-11-8 19:17 | |
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Canada says international collaboration is necessary to get the best out of central bank digital currency (CBDC) development. Countries like The Bahamas and Cambodia have already launched their sovereign digital currencies with China conducting live testing protocols.
2020-10-31 21:00 | |
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The Singaporean multinational banking and financial services corporation DBS published an announcement revealing it was launching a cryptocurrency exchange. The announcement was later removed by the company, but crypto proponents have learned about the upcoming support for assets like bitcoin, ethereum, and bitcoin cash.
2020-10-27 17:30 | |
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Mu Changchun, head of the research institute for digital currency at the People’s Bank of China (PBoC), has revealed that the newly launched digital yuan will function in tandem, rather than in competition with established digital payment services like Alipay and WeChat.
2020-10-27 21:52 | |
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The development of Central Bank Digital Currencies (CBDC) has blossomed in the past few years, with countries like China in the advanced stages of its digital Yuan and Japan, Korea, and the US in their research phase for their respective fiat currencies.
2020-10-20 05:00 | |
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On Monday, the International Monetary Fund (IMF) published a report on crypto assets like central bank digital currencies (CBDCs) and global stablecoins (GSCs). Moreover, the IMF also hosted a virtual panel that discussed digital currencies and cross-border payments with the Federal Reserve Chair Jerome Powell.
2020-10-20 00:00 | |
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The debate surrounding the issuance of central bank digital currencies (CBDC) continues to catch attention worldwide. While some countries have been a bit coy, others like China have made no secret of their CBDC plans.
2020-10-19 14:44 | |
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A recent giveaway of China's in-testing central bank digital currency has reportedly left recipients wondering why they should change from existing solutions like Alipay.
2020-10-20 13:36 | |
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A recent giveaway of China's in-testing central bank digital currency has reportedly left recipients wondering why they should swap from existing solutions like Alipay.
2020-10-19 13:36 | |
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Russia has been at different times hostile, unsure, or inconsistent with its stance on cryptocurrencies. In early August, reports claimed that Russian leader Vladimir Putin had signed a law that legalized digital assets like bitcoin.
2020-10-15 19:01 | |
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While other countries are still busy studying the opportunities and risks associated with central bank digital currencies (CBDC), like the US, China’s digital yuan trial is in full force. People have already received the DCEP and started using it at convenience stores.
2020-10-13 19:32 | |
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Between decentralized finance (DeFi) shenanigans, Bitcoin being adopted by firms like Square, and more, it’s been hard to track all news going on in this space. The post With China’s central bank digital asset gaining steam, Bitcoin is stronger than ever appeared first on CryptoSlate.
2020-10-13 21:00 | |
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Amid ongoing central bank digital currency (CBDC) research efforts, the Bank of Japan (BOJ) may require a new legal prerogative to issue digital yen. Apart from legislative changes to support a possible CBDC issuance, these amendments to the BOJ’s roles and responsibilities may also affect other policies like inflation and job creation.
2020-10-13 16:20 | |
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The Central Bank of the Bahamas has finalized the debut date of its digital currency. This is likely the world’s first central bank digital currency (CBDC). The island nation has rallied ahead of finance giants like France and China.
2020-9-27 00:22 | |
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In a recent tweet, Ripple CEO Brad Garlinghouse continues to bolster the opinion that digital assets like XRP aren’t threatened by Central Bank Digital Currencies (CBDCs), but rather, convinced that XRP would be that bridge amongst different CBDCs.
2020-9-27 21:10 | |
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One of the biggest and oldest crypto exchange has become a bank like JP Morgan or Goldman Sachs after Kraken Financial became a Special Purpose Depository Institution (SPDI) and was...
2020-9-17 18:39 | |
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In a speech to the Brookings Institution on Thursday, September, 3, the head of the Bank of England warned about digital currencies like Bitcoin. He said that the leading crypto has “no connection” to money.
2020-9-3 21:29 | |
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Cryptocurrencies like Bitcoin don't quite convince Bailey, but he sees a lot of potential for stablecoins.
2020-9-3 18:27 | |
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Fed Chair Jerome Powell tried to make it seem like the end of an era, but didn’t inspire confidence in the central bank’s ability to lead in the era that comes next.
2020-8-29 16:00 | |
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Like, hate, or fear them, central bank digital currencies (CBDCs) are on their way. There will be no stopping them. From Sweden to Thailand and China to Canada, governments the world over are experimenting with CBDCs.
2020-8-22 12:00 | |
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China’s accelerated central bank digital currency (CBDC) plans are set to reach another milestone with tests scheduled for Beijing and 27 cities in the country. These new digital currency electronic payment (DCEP) trials will join other public pilots already ongoing in cities like Shenzhen and Suzhou.
2020-8-15 17:34 | |
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Investment strategist Raoul Pal says bitcoin is the only asset with a growth rate that outpaced that of G4 central bank balance sheets. Pal says G4 central bank balance sheets have grown much faster than traditional safe-haven assets like gold.
2020-8-7 17:00 | |
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According to CNBC, Goldman Sachs is rejuvenating its efforts towards a digital asset with the appointment of Mathew McDermott as its new head of digital assets. McDermott replaces Justin Schmidt to radically transform the traditional financial system and embrace digital technologies like blockchain to create a digital finance market ecosystem. He said, “In the next […]
2020-8-7 20:01 | |
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With China’s central bank digital currency (CBDC) project still in progress, there are speculations that the digital yuan could be used to water down the dominance enjoyed by major players like Alibaba and Tencent.
2020-8-5 23:00 | |
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Julius Baer, a top-five Swiss bank, saw its net profit climb by 34% in the first half of 2020, a period during which it began offering digital assets like Bitcoin to its clients.
2020-7-21 14:25 | |
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A common narrative that has cropped up in the crypto space is that Bitcoin is just tracing the price action of the stock market. In June, a team of analysts at Wall Street bank JP Morgan said that since March’s crash, “Cryptocurrencies have traded more like risky assets like equities—a significant change relative to the prior couple of years.
2020-7-16 13:00 | |
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Popular iOS apps like TikTok might be snooping on sensitive user information such as Bitcoin addresses and bank passwords, security publication ArsTechnica reported earlier this week. Snooping on Bitcoin Addresses Reports from this week confirm last week’s release of Apple’s iOS 14 developer beta for iPhone alerts users when mobile apps “read” data from one’sRead MoreRead More.
2020-7-1 22:07 | |
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Despite recent hype, it doesn’t look like Goldman Sachs will be recommending Bitcoin to clients anytime soon. According to early reports, the global investment bank said that the cryptocurrency is “not an asset class” and “not a suitable investment.
2020-5-27 16:12 | |
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CBDCs just got real. The idea of a central bank digital currency, a couple of months ago, felt like a distant dream. But, now it’s more than real as countries are now rushing to create a digitized vThe post Are the fates of Ripple, IMF, and central banks intertwined? appeared first on AMBCrypto.
2020-5-26 19:00 | |
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A central bank digital currency [CBDC] has been thought of as an important tool to smoothen technological and financial systems the world over. Central banks like the European Central Bank [ECB] have The post European Central Bank caught up with DLT; will it be used for CBDCs? appeared first on AMBCrypto.
2020-5-21 00:30 | |
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The filing details a way for fiat currencies, like the U.S. dollar, to be turned into a central bank digital currency.
2020-5-15 16:02 | |
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Following their listing, ether ETFs did not enjoy the same response as their bitcoin equivalents had done in January.
Venture capital (VC) funds invested $860 million in crypto startups last month, a 30% leap from the amount registered in September and the highest since April’s $954 million earlier in the year, according to DefiLlama data.
Venture capital (VC) funds invested over $659 million in crypto startups last month, representing a 3% increase compared to August, according to DefiLlama data. The blockchain gaming sector grew for the second consecutive month, with VC funds pouring $63 million into blockchain titles, marking a 32% monthly growth.
Crypto Fundamentals: A quick guide on how to calculate your costs, ROI and potential profitability to see if Bitcoin mining is worth it for you. The post Is Bitcoin Mining Worth It? appeared first on CoinCentral.
Venture capital (VC) funds invested $634 million in crypto startups in August — up 15% from July, based on DefiLlama data. Projects focusing on blockchain infrastructure secured nearly $460 million in funding, accounting for 72% of the total raised by crypto startups last month.
Venture capital investments in crypto continued to rebound in the second quarter, with a total $3. 2 billion invested during the period — up 28% compared to $2. 5 billion in the previous quarter, according to Galaxy Digital latest research report.
The Sandbox, a subsidiary of Animoca Brands, has announced a $20 million funding round at a $1 billion valuation cap aimed at expanding its creator economy within the open metaverse. This strategic funding, led by Kingsway Capital and Animoca Brands with participation from LG Tech Ventures and True Global Ventures, will support The Sandbox’s vision […] The post Web3 gaming platform Sandbox drops valuation by $3 billion as it raises $20 million appeared first on CryptoSlate.