2020-5-13 20:08 |
The Bank of England will not budge on its design principles for any future CBDC.
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Analysts from the U.K.'s central bank said private currencies could work alongside any future CBDC initiative if they offered real utility.
2020-4-8 19:22 | |
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In 2019, cryptocurrency and blockchain businesses saw more regulation than any year prior. G20 finance ministers, central bank governors, and regulators cracked down hard on the bitcoin industry.
2020-3-25 17:15 | |
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EXMO launches a new feature: buy crypto directly from your credit/debit card via Mercuryo. Choose the Fiat currency to make a payment—USD, EUR or RUB. If you do not have a bank card tied to any of these currencies, you can pay in any other currency (it will be converted at the rate of your […]
2020-3-12 23:10 | |
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At BTC-Alpha, you can now purchase cryptocurrency using credit or debit cards. The purchase process is completed via a third party – the Mercuryo processing system. Fully verified users can purchase any of four cryptocurrencies: Bitcoin (BTC), Ethereum (ETH), USD Tether (USDT) or Tron (TRX).
2020-2-29 20:42 | |
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Revolut raised $500 million, but did not specify if any of the funding will go toward improving its cryptocurrency offering.
2020-2-26 21:35 | |
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The Russian central bank now considers any crypto exchange transaction as a money laundering risk
2020-2-18 16:24 | |
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The Supreme Court of India on Tuesday reserved its order on the case against Reserve Bank of India's decision to bar banking services from dealing in any transactions associated with cryptocurrency.
2020-1-29 18:36 | |
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The powers that be in China seldom listen to advice from any outsiders. One former central banker, however, thinks that global cooperation is needed, especially in response to Facebook’s Libra. China has fast-tracked the development of its central bank digital currency (CBDC), primarily over fears that Facebook could dominate if it gets there first.
2020-1-28 17:10 | |
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Miller Thomson, the court-appointed law firm representing former users of the QuadrigaCX exchange, wants information about Crypto Capital and whether it holds any of Quadriga's funds.
2020-1-23 06:24 | |
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JP Morgan has made as much in profits last year as ethereum’s market cap twice over. In the best year for any bank in the history of USA, JP Morgan... The post JP Morgan 2019 Profits Double Ethereum’s Market Cap as Trump Gives Billions to Banks appeared first on Trustnodes.
2020-1-21 18:18 | |
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Last year was pretty dismal for the bitcoin and crypto industry in India. Regulatory procrastination and a negative outlook from politicians have stifled the ecosystem and innovation, will 2020 be any better? BITCOIN BATTLING IN INDIA The Reserve Bank of India (RBI) has been relentless with its disapproval towards bitcoin and the crypto industry over the past couple of years.
2020-1-7 12:16 | |
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We are being fleeced by the vampire squids on Wall Street, but perhaps not for much longer if the new world of blockchain based codable finance has any say. An... The post Ethereum’s DAI Now Pays 10x More in Interest Than a Bank Savings Account appeared first on Trustnodes.
2019-12-30 22:36 | |
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Christine Lagarde, the newly named European Central Bank’s (ECB) president, said she’s concerned Facebook is going to use its social media platform for promoting the Libra and eliminating any competition.
2019-12-21 21:49 | |
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Bank of America is easily one of the most influential and one of the largest banks in the world, so any stance of this institution holds significant weight. With the recent declaration that Ripple is an “innovation example,” the XRP community is thrilled, as one member, BankXRP, shared a screenshot from the praise-filled document. Bank […]
2019-12-11 00:07 | |
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After considering the issue thoroughly, RBI decides to go for its own crypto and do it independently of any private blockchain companies
2019-12-6 14:23 | |
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The concept of a state-backed digital currency has recently gained massive attention from countries across the world, most notably China. Japan seems to be the latest country to enter the race. A rThe post Bank of Japan discusses CBDCs; avoids any question of issuance appeared first on AMBCrypto.
2019-12-2 13:03 | |
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Chase Auto, the car financing subsidiary of JPMorgan Chase, the largest bank in the United States, has submitted a patent application to use a blockchain-based system in tracking the inventory offered to its car dealers, thereby eliminating any inefficiencies in auditing a car dealer’s inventory, reports Pymnts, November 24, 2019.
2019-11-25 14:00 | |
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Recent news reports were speculating that the leading Canadian financial services provider is expanding operations to crypto. This was first reported by The Logic, a Canadian news source; other outlets picked up the story leading to hype about the ‘strategy’ by RBC.
2019-11-19 22:37 | |
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Karma? Ex-PayPal CFO has his bank account arbitrarily closed, crypto community thinks it is because of buying BTC
2019-11-18 11:36 | |
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A deputy governor at the central bank of Malaysia – Abdul Rasheed – recently stated that there would be a $6,000 limit on cash transactions next year. With these new restrictions, the government is hoping to prevent cash from being used in illicit transactions, though the new rule won’t likely impact any transactions involved with […]
2019-11-9 18:55 | |
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The Bank of Russia has put out a statement saying it is against any ‘monetary substitutes. ’ That being said, the bank is currently actively studying stablecoins planned by various national governments.
2019-11-8 00:32 | |
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China had prohibited financial firms from holding or trading in Bitcoin back in December 2013, going on to later ban any foreign crypto-exchange that offered such services. However, the latest announcement by the Chinese President Xi Jinping on blockchain technology, followed by the passage of the cryptographic law, has made everyone optimistic that maybe China […] The post China Merchant Bank invests in Bitcoin wallet after passage of ‘cryptographic’ law appeared first on AMBCrypto.
2019-10-28 12:28 | |
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Banks in Europe are facing an existential threat that could soon spread to the U. S. , particularly if Donald Trump gropes his way toward zero interest rates. There will be few who would feel any sympathy if banks do begin to collapse.
2019-10-21 20:05 | |
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Facebook appears to be unfazed by the unrelenting criticism and pressure that is piling on to its crypto domination aspirations. As the US Treasury Secretary waded in with more threats, another Libra Association partner bailed out, and the consortium concluded its first official meeting.
2019-10-15 12:30 | |
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Coinbase has secured a new legal foothold in Europe. The San Francisco-based cryptocurrency exchange has received an e-money license from the Bank of Ireland, which it can potentially use to continuing serving its customers across the continent, in case Brexit causes any disruptions.
2019-10-14 17:18 | |
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President of the Russian Central Bank, Elvira Nabiullina, believes there is no immediate need for Russia to explore launching a sovereign digital currency. Despite having studied and researched these topics, the central bank doesn’t believe there are any obvious benefits to the economy, as reported by TASS, October 10, 2019 Happy With Current Monetary RegimeRead MoreRead More.
2019-10-11 21:00 | |
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While several countries are wading into the cryptocurrency industry by issuing CBDCs and releasing their own national cryptocurrencies, Russia has confirmed that it won’t be following suit. According to Russian state media, Elvira Nabiullina, Head of the Russian Central Bank, asserted at a recent event that the bank seems to find that there is no […] The post Russia’s Central Bank dismisses any need to issue national cryptocurrency appeared first on AMBCrypto.
2019-10-10 14:56 | |
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The battle cry of the cryptocurrency industry has been one of decentralization, or one without any centralized authority. It is this distinguishing feature that sets the blockchain space apart from other sectors and cryptocurrencies like bitcoin from other assets.
2019-10-1 21:00 | |
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The Central Bank of Argentina (BCRA) published a list of people who will not be able to purchase any more U. S. dollars at the country’s exchange operators. The list is comprised of more than 800 people that won’t be able to conduct any more exchange operations because they exceeded the monthly limit of $10,000 limit.
2019-9-29 03:34 | |
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The Reserve Bank of India had restricted the banks from processing any cryptocurrency transactions, that caused inconvenience to many crypto holders in the country. Following this ban, many took to the legal route and filed a petition against this ban, which is being heard in the Supreme Court of India.
2019-9-22 14:00 | |
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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 | |
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In a series of interviews over the last week, Circle CEO Jeremy Allaire has weighed in on how China is far ahead of any other country in creating a Central Bank Digital Currency and why that will help lead to the internationalization of the yuan. He has also broken down
2019-9-14 18:34 | |
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Lite. im wallet integrates Bity’s ‘KYC-less’ crypto exchange API - CryptoNinjas Swiss bitcoin and cryptocurrency exchange firm Bity, announced today the integration of its exchange API with messenger based cryptocurrency wallet LiteIM.
2019-9-13 20:52 | |
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The European Central Bank (ECB) has attacked plans for an Estonian state-operated cryptocurrency. ECB President, Mario Draghi shut down any talk of the proposal by saying about crypto assets: “No member state can introduce its own currency…The currency of the euro zone is the euro.
2019-9-12 16:00 | |
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In an interview with Phoenix Chinese news Circle CEO Jeremy Allaire has said that China is the closest to getting a Central Bank Digital Currency (CBDC). China's Phoenix TV interviewed Circle CEO @jerallaire on CBDCs, the internationalization of the Yuan, the rise of USD Coin and the rapidly growing global stablecoin phenomenon. Full interview: https://t.co/Ru29jhLUTj […]
2019-9-12 19:35 | |
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No country in the world is closer to central bank digital currencies than China, Circle CEO Jeremy Allaire says
2019-9-11 04:55 | |
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China’s digital currency might be good for shopping, but don’t expect any privacy. Binance researchers have questioned claims of transaction anonymity, suggesting instead that the new virtual currency might actually give the state greater opportunity to spy on its citizens.
2019-8-28 16:15 | |
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Bitcoin has been named as an accessory in a murder-for-hire scheme. The cryptocurrency, which allows people to exchange value over the internet without having to go through a bank or any other financial institution, facilitated an online transaction involving an assassination plot.
2019-8-27 17:00 | |
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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 | |
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Santander Group unveiled its plan to expand services associated with Ripple technology. With the aim of building an efficient payment gateway, the bank wants to deliver services to Latin American customers so that they can carry out transactions and send the money effectively to the US without any charges.
2019-8-19 23:16 | |
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Record low and negative interest rates have put commercial banks in a difficult spot. Across Europe, they have been passing the burden to their clients. Some have introduced fees for those with large account balances, while others are punishing everybody equally.
2019-8-18 19:23 | |
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USDX Wallet (a blockchain-powered app for quick transfers and with a stablecoin pegged to the U. S. dollar) has announced the fund withdrawal feature right in the app. Before that, USDX Wallet users could change USDX to other currencies only via crypto exchanges.
2019-8-14 18:10 | |
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The third-largest bank in Denmark, Jyske Bank, now offers a 10 year fixed rate mortgages at -0. 5%. This means customers will pay back less than the amount borrowed. Mortgage fees are still payable, likely negating any benefit to borrowers, but some see this unprecedented move as indicative of a troubled economy.
2019-8-12 17:19 | |
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The People's Bank of China announced its readiness to launch its own digital currency based on the blockchain technology. But this will not lead to any changes in Beijing's monetary policy.
2019-8-12 13:20 | |
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The German bank Commerzbank has recently developed a new blockchain-based technology that will be used in order to make automated payments between self-driving trucks. The system, which aims to take humans completely out of the equation, will be used to allow automated trucks to pay for their charging power without needing any human interaction. According […]
2019-8-9 01:04 | |
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Coinspeaker Fed Getting Into the Real-Time Payments Business, Crypto Community LukewarmFed announced creating a system that would allow consumers and businesses to send and receive money instantaneously allowing any U.
2019-8-6 11:35 | |
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Just as monetary policymakers couldn’t appear to be more hypocritical by singling out the emerging cryptocurrency industry for being too loosey-goosey, fate has stepped in. When things seemingly couldn’t get any worse for Deutsche Bank, the Wall Street firm is now troubleshooting a possible security breach involving sensitive client information, according to a report in […] The post Crypto Land Looks on as Wall Street Suffers Another Security Breach appeared first on CCN Markets
2019-7-29 20:15 | |
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Union Bank of the Philippines will experiment with the use of blockchain tech for remittances, allowing overseas Filipino workers to exercise more control over who receives any money sent back home.
2019-7-24 00:05 | |
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The English rock band Joy Division released their debut studio album “Unknown Pleasures” 40 years ago. The front cover doesn’t feature any words, only a now iconic black and white data graph showing 80 wiggly lines representing a signal from a pulsar in space.
2019-7-20 12:00 | |
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The Reserve Bank of Australia has launched a consultation on Project Acacia, exploring wholesale central bank digital currency and tokenized asset markets. Australia‘s central bank, the Reserve Bank of Australia, alongside the Digital Finance Cooperative Research Centr is seeking public…
Председатель Швейцарского национального банка (SNB) Мартин Шлегель (Martin Schlegel) заявил, что центробанк с осторожностью относится к криптовалютам. Регулятор считает их «нишевым явлением», поскольку из-за высокой волатильности цифровые активы не подходят для ежедневных платежей и расчетов.
The State Bank of Pakistan has proposed a legal framework to recognize digital assets, including cryptocurrency, as official forms of currency. If approved, the plan would allow the SBP to issue a digital currency, potentially leading to a central bank…
Гендиректор компании Circle, эмитента стейблкоинов USDC, заявил, что у частных стабильных монет гораздо больше преимуществ в сравнении с государственными стейблкоинами центральных банков.
Регуляторы Индии рассматривают возможность существенно ограничить или ввести полный за запрет на оборот частных криптоактивов, поскольку они не соответствует требованиям финансовой инклюзивности и безопасности, в отличие от CBDC.
Сенатор-республиканец от штата Юта Майк Ли назвал три фактора, угрожающие развитию криптоиндустрии: цифровые валюты центробанков, разный подход штатов к регулированию и жесткий надзор за цифровыми активами на федеральном уровне.
The central bank wants to promote the widespread use of the digital ruble.