2020-3-23 23:00 |
Bank of China continues to voice its distaste for crypto and urges the public to pay attention to scams
origin »2020-3-23 23:00 |
Bank of China continues to voice its distaste for crypto and urges the public to pay attention to scams
origin »According to reports and social media, bank branches in Venezuela are closing their doors as the Coronavirus continues to spread. People are turning to Bitcoin as the solution as trading volumes increase.
2020-3-22 03:16 | |
Even though it’s your money, major news outlets are warning consumers not to take it out of the bank amid the coronavirus outbreak. As the coronavirus panic continues, many people have been anxious to take out cash from the bank.
2020-3-21 15:15 | |
While the Russian Ministry of Finance seeks to complete the project of the Bill “On Digital Financial Assets” (CFA) presented on February 25, 2018, The Central Bank of Russia hinders all its efforts to regulate cryptocurrencies, seeing them as an unjustified risk.
2020-3-18 18:34 | |
The viability of fiat currency is being stretched to its limit as banks run out of cash in New York amid the novel coronavirus pandemic. Fear continues to spike and reports are now confirming that New Yorkers are taking out cash in record numbers, particularly the wealthy.
2020-3-16 06:15 | |
Various financial institutions are looking to incorporate blockchain technology. Ripple continues to make inroads, as it is now partnering with the National Bank of Fujairah. Ripple has forged numerous crucial partnerships over the past few years.
2020-3-4 02:00 | |
Bitcoin is revolutionary. 'Not your keys, not your coins' and 'Be your own bank' are some of the famous adages in the Bitcoin podosphere. Alas, while Bitcoin lets people be their own bank, taking contThe post $45M in Bitcoin Cash, Bitcoin siphoned off as SIM swap menace continues appeared first on AMBCrypto.
2020-2-22 11:39 | |
Bitcoin prices continue to build on recent gains as the market momentum strengthens. Meanwhile, the US central bank is struggling to keep up as economic clouds darken. Bitcoin prices have tapped another new 2020 high as market momentum continues to build and the rally keeps running.
2020-2-16 04:18 | |
The Reserve Bank of India had issued a circular in April 2018, which imposed a banking ban on crypto service providers. The circular prohibited banks from offering their service to all crypto-related service operators in the country.
2020-1-18 20:09 | |
Ripple continues to make progress across Asia. Its latest venture focuses on providing low-cost cross-border payments to clients across Thailand. Various enterprises see merit in Ripple and its XRP ledger technology.
2020-1-10 07:00 | |
China’s economic growth continues to slow down, causing a number of banks to close due to difficult conditions. Hengfeng bank has become the latest to shut its doors. China’s economy has been making headlines in the last few months, and not for good reasons.
2020-1-7 16:30 | |
Shanghai Securities News has just reported that authorities in Beijing, China’s capital, have renewed their anti-crypto stance. Per the report and one from The Block, the Beijing Local Financial Supervision and Administration Bureau, the Business Management Department of the People’s Bank of China, the Beijing Banking and Insurance Regulatory Bureau, and the Beijing Securities Regulatory.
2019-12-27 15:00 | |
In spite of news that the economy appears stable, the Federal Reserve Bank of New York (Fed) had continued injecting liquidity into the market. The most recent action involved an almost $58 billion repurchase (repo) agreement.
2019-12-23 21:20 | |
CoinMarketCap Daily Newsletter Your daily newsletter for 11 December, 2019 “The learning process continues until the day you die.” - Kirk Douglas In today's newsletter, we will be covering: World's 2nd-largest bank CCB launching blockchain refactoring Nike patenting a system for […] The post Nike tokenizing shoes on the blockchain appeared first on CoinMarketCap.
2019-12-25 15:00 | |
The New York Fed provided another massive cash injection into the repo market, this time adding over $70 billion. According to recent reports, the Federal Reserve Bank of New York injected yet another major amount in temporary liquidity on December 4th.
2019-12-5 16:27 | |
While China continues to work towards launching its own stablecoin, Japan practices caution. According to a report, the Governor of Bank of Japan, Haruhiko Kurado, has said that the central bank has nThe post Bank of Japan's Governor supports digital currency research, not issuance appeared first on AMBCrypto.
2019-11-19 16:30 | |
A former head of China’s central bank has come out to say that Facebook’s Libra would be better served under the control of the International Monetary Fund (IMF). Facebook’s proposed digital payment platform continues to draw criticism from financial regulators around the world.
2019-11-8 14:10 | |
Crypto-friendly bank Silvergate starts trading on NYSE after IPO approval. SI cites a 6% increase on the initial offering price of $12. SEN network continues to grow. Silvergate Capital (NYSE: SI), a cryptocurrency-focused commercial bank, made its official listing on the New York Stock Exchange on Nov 7, commanding a 6% increase on the day.
2019-11-8 13:46 | |
Turkey’s central bank is reportedly looking to finalize testing protocols for its proposed national digital currency. With economic struggles worsening in the country, the move might signal an attempt by the government to gain a foothold in the emerging digital landscape.
2019-11-7 19:13 | |
Since the beginning of widespread protests in Lebanon last week, banks and lending institutions have remained closed, fueling fears of an impending nationwide cash crisis. Attempts to assuage the concerns of suffering individuals without money or options are not proving effective, as officials scramble to address the situation against a backdrop of alleged political embezzlement […] The post Lebanese Protestors Gather at Central Bank as Financial Lockout Continues appeared first on Bitcoin News.
2019-10-25 05:45 | |
As Cardano’s adoption continues to grow, its parent company, the Switzerland-based Cardano Foundation, has announced its plans to develop an ADA payment gateway in collaboration with an enterprise-grade Fintech platform, COTI.
2019-10-24 20:00 | |
I’m a cisgender white male. I can unlock my phone, sign into my bank account, and breeze through border patrol check points using my face with 98 percent accuracy. Facial recognition software is great for people who look like me.
2019-10-18 22:19 | |
Whether you like it or not, central bank digital currencies are coming. We just don’t know when exactly. According to Dutch bank ING’s financial and banking experts, a “fully-fledged central bank digital currency is coming.
2019-10-14 12:54 | |
A former attorney from Locke Lord LLP pled not guilty on a new indictment that further charged him with bank fraud and laundering $400 million related to a widely known cryptocurrency scam, OneCoin.
2019-10-12 22:06 | |
The Bank of England‘s (BoE) Financial Policy Committee (FPC) has laid down a set of rules that Facebook‘s Libra and other cryptocurrencies must follow if they are to be launched in Britain. While some question if Facebook’s ‘cryptocurrency’ Libra will ever launch, the BoE‘s FPC did recognize its potential to becoming an “important payment system,” City AM reports.
2019-10-9 15:12 | |
Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours.
2019-10-9 12:44 | |
Overstock’s venture into the blockchain space continues it's downfall after the departure of their ex-CEO, Patrick Byrne. This time Bankorus has shut down. Bankorus is an AI-powered, blockchain-wealth management platform, and security token marketplace built on the blockchain.
2019-10-9 21:46 | |
The crisis has elevated at the cooperative bank recently placed under regulatory restrictions by India’s central bank. Multiple branches have been raided and several arrests were made. However, the RBI continues to impose a withdrawal limit, preventing bank customers from accessing their savings.
2019-10-6 10:05 | |
Authorities in India have found themselves in a crypto-conundrum: they can’t access cryptocurrency seized from a Ponzi scheme because such transfers have been prohibited, reports Times of India.
2019-10-4 15:12 | |
After splitting up with its UK banking partner Barclays earlier this year, Coinbase has now fully reinstated GBP transfers. But it’s not all good news, as the exchange has also upped its fees.
2019-10-4 14:46 | |
Our robot colleague Satoshi Nakaboto writes about Bitcoin every fucking day. Welcome to another edition of Bitcoin Today, where I, Satoshi Nakaboto, tell you what’s been going on with Bitcoin in the past 24 hours.
2019-10-2 11:20 | |
In a recent rate review meeting of the Bank of Japan (BoJ), bank governor Haruhiko Kuroda and others on the nine-member board urged leaving all options on the table, where further cuts to the country’s negative interest rate are concerned.
2019-10-1 10:19 | |
As the multi-billion dollar OneCoin cryptocurrency pyramid scheme continues to tumble, news of witnesses set to testify against the scam’s perpetrators are now coming to light. According to Finance Feeds, employees of the Bank of Ireland have been asked to testify in the case against Mark Scott, one of the alleged figureheads of the $3 billion-plus OneCoin scam.
2019-9-30 17:30 | |
It’s that time to change your passwords again. Popular on-demand food delivery platform DoorDash has confirmed a data breach affecting 4. 9 million customers, workers, and merchants. The data was accessed by an unnamed third-party service provider on May 4, including profile information such as names, emails, delivery addresses, phone numbers, hashed and salted passwords, as well as the driver’s license numbers of nearly 100,000 delivery executives.
2019-9-27 08:02 | |
The central bank of Venezuela is reportedly looking into whether it can store cryptocurrencies in its coffers, Bloomberg reports citing four anonymous individuals close to the matter. According to the report the bank‘s investigation follows a request by Petroleos de Venezuela SA (PSDV) – the country’s state-owned oil and natural gas company – which is apparently looking to send Bitcoin and Ethereum to the central bank.
2019-9-26 18:52 | |
Despite reports last month that China was readying itself to deploy its own government digital currency, it now seems the country is not so surefooted regarding the asset’s roll out. In a press conference in Beijing yesterday, The People’s Bank of China’s (PBoC) governor Yi Gang said that there is “no timetable” for the launch of its new digital currency, South China Morning Post reports.
2019-9-25 16:30 | |
Facebook‘s controversial ‘cryptocurrency‘ Libra is facing yet more scrutiny after the governor of Japan’s central bank called for international cooperation to regulate it. According to Reuters, Haruhiko Kuroda, the Bank of Japan‘s governor, told business leaders in Osaka that a joint, international effort was crucial.
2019-9-24 14:27 | |
In this column, “Just putting this out there…,” we write about the odd ways we engage with tech and the unpopular opinions we form about it. You can read the rest of the articles in this series here.
2019-9-22 14:06 | |
So far there has been little indication that US regulators will change their harsh stance towards bitcoin and the crypto industry. Blinkered by false notions, they continue with their anti-crypto rhetoric making America one of the most highly regulated countries for crypto startups.
2019-9-20 14:00 | |
According to a Silicon Valley Bank survey, more than half of today’s health and tech startups expect to exit via acquisition. All too many founders think their lofty dreams and cleverly worded pitch decks will carry them through to successful exits.
2019-9-18 14:00 | |
Nexxus Rewards Has Real Utility to Deliver Real Profits While Lifting Local Communities. Nexxus Rewards is a production-ready community cooperative solution that creates real utility buyer demand for cryptocurrency to produce real profits for token sale purchasers.
2019-9-18 12:33 | |
Were you thinking that cryptocurrency mass adoption was just around the corner? Well, perhaps think again. A recent study from Dutch bank ING has found that cash still reigns supreme. ING says in its report that general sentiments towards cryptocurrencies and their usefulness “have not changed drastically” since the bank conducted a similar survey a year ago.
2019-9-18 11:37 | |
China‘s upcoming state-controlled digital currency is to be similar to Facebook‘s proposed coin, which makes total sense, because Libra isn’t really a cryptocurrency. Mu Changchun, deputy director of payments at China‘s central bank, explained the country was issuing its digital currency “to protect our monetary sovereignty and legal currency status,” Reuters reports.
2019-9-6 15:44 | |
The Dutch central bank has today announced it must begin supervising cryptocurrency companies (including wallet providers) under the fifth European anti-money laundering directive, which came into effect in July.
2019-9-3 13:07 | |
It used to be that a job in finance would set you up for life. Steady, reliable, dependable, calculators and sweater vests. These things come to mind when you think of a career in finance. Just like in other industries, AI and machine learning are entering the scene and causing great disruption in what used to be one of the most stable career choices.
2019-9-2 16:27 | |
A representative of the European Central Bank (ECB) has slammed Facebook‘s quasi-cryptocurrency Libra, referring to its proposed ecosystem as a “siren call. ” Yves Mersch, Luxemborgian lawyer and ECB executive board member, even told attendees of the European System of Central Banks’ legal conference the Libra ecosystem will be “cartel-like.
2019-9-2 15:36 | |
Facebook’s Libra continues to face resistance from institutions across the globe. Yves Mersch, ECB Board Member, was the new entrant to join the list of Libra’s critics. Yves Mersch, who is a former Governor of Luxembourg Central Bank, believed that the proposed virtual asset’s launch could weaken European Bank’s ability to introduce monetary policies and […] The post Libra’s launch could weaken ECB’s ability to set financial policies, says ECB Board Member appeared first on AMBCrypto.
2019-9-2 15:13 | |
The former Amazon Web Services employee thought to be behind the data breach of Capital One bank earlier this year appears to have also used the infiltrated cloud servers to surreptitiously mine cryptocurrency.
2019-8-29 09:19 | |
Since 2014, more than 40 million people have been victimized by human trafficking. To understand how massive that number actually is, look at this map of Europe for a few seconds: The number of human trafficking victims globally is as many as the inhabitants of Denmark, Sweden, Norway, Finland, Croatia, and Hungary combined.
2019-8-26 16:29 | |
NASA is reportedly investigating what’s said to be the first ever instance of a space crime. According to a report by The New York Times, the space organization is currently looking into a claim that astronaut Anne McClain improperly accessessed the bank account of her estranged spouse Summer Worden outside the confines of earth — while aboard the International Space Station (ISS).
2019-8-26 08:29 | |