2020-2-29 10:25 |
Currency, money, digital gold? The industry takes a jab at categorizing Bitcoin as the halving approaches
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One of the most respected investment banks, J. P. Morgan, has issued a report that confirms their belief in the digital currency revolution. The launch of JPM Coin was met by surprise from the crypto community following the firm’s managing director’s controversial remarks regarding Bitcoin.
2020-2-23 06:00 | |
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Know Your Customer (KYC) and Know Your Transaction (KYT) are ostensibly deployed by exchanges to combat money laundering. In practice, these provisions are used as an excuse to surveil, cajole, and threaten customers, who risk losing funds if they are unable to meet the impossibly high burden of proof.
2020-2-19 18:10 | |
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Is it easy being a crypto trader? Where should you start? What currency should you choose? All of these questions, we asked crypto trader Scott Melker
2020-2-17 16:04 | |
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The American government’s long-running war on privacy escalated this week following the arrest of Coin Ninja’s Larry Harmon on money laundering charges. A Department of Justice statement that “seeking to obscure virtual currency transactions in this way [using mixers] is a crime” means that bitcoiners risk prosecution simply for exercising their right to privacy.
2020-2-14 15:00 | |
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The IRS seems to have struck certain video game currencies and Ether from its list of examples of convertible virtual currency
2020-2-13 16:32 | |
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China, with its central bank digital currency, dubbed, 'DCEP' is advancing its development toward replacing coins, banknotes, and other money equivalents. China had recently implemented a law on JanuThe post Could China's DCEP 'jeopardize' US standing on world stage? appeared first on AMBCrypto.
2020-2-10 11:00 | |
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While people tend to think of money as being all the same, the fact is governments and banks use different types of money than the everyday individual. From the top of the economic pyramid of world reserve currencies, down through central bank and commercial bank money, the capacities and function of different kinds of money […] The post Hierarchies of Money: Why You Use Bank Money But the Bank Wants Reserve Currency appeared first on Bitcoin News.
2020-1-31 21:00 | |
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The Phnom Penh Post reports that within the next couple or more months, Cambodia’s central bank is going to launch its own blockchain-based peer-to-peer money platform. The system is called Project Bakong and it will be a central bank digital currency (CBDC) – backed payments app.
2020-1-31 22:03 | |
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Two years after reports of a Cambodian cryptocurrency, the country is set to launch a central bank digital currency (CBDC) payment system. Project Bakong to Feature Centralized Digital Currency According to Cambodian daily Phnom Penh Post, the country’s central bank is set to roll out “Project Bakong,” a blockchain-powered money transfer platform that features a CBDC.
2020-1-31 17:00 | |
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Bitcoin price has come down to $8,300 level from last week’s $9,200 level. Despite bouncing off the support yesterday, it was unable to reclaim the level and made its way back toward support. We have come to some serious resistance at the 200-day moving average, a line that Mati Greenspan, founder of Quantum Economics says […]
2020-1-26 19:20 | |
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Bitcoin, for the good and the bad? The largest cryptocurrency in the market, Bitcoin is not new for being under the limelight as a tool used for terror funding, money laundering, and the currency oThe post Not all Bitcoins 'received by Cash4PS in its lifetime were donations to PRC' appeared first on AMBCrypto.
2020-1-22 09:34 | |
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Russia to host the tenth conference on electronic markets and blockchains The Tenth Perm Winter School: Money and People will be held on February 1-2, 2020 in Perm, Russia. The international conferThe post Perm Winter School 2020 to spread awareness about the currency of 21st century appeared first on AMBCrypto.
2020-1-15 14:12 | |
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Advocates of Bitcoin (BTC) have long claimed that its long-term growth prospects would not necessarily stem from its utility as a currency, but rather from its status as a digital alternative to safe-haven investments like gold.
2020-1-9 07:30 | |
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The Federal Reserve Bank of New York has just injected a fresh batch of money into financial markets to calm them for the new year. With each iteration, the case for a deflationary currency like Bitcoin only grows stronger.
2020-1-5 21:42 | |
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Digital currency influencers have started an auction to raise money for Ross Ulbricht who is serving a double life sentence for his involvement with Silk Road. There are lots of unique items for auction including artwork, physical coins, and other collectibles.
2020-1-5 20:05 | |
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ECB research suggests it would continue discouraging saving money if it issued digital currency
2020-1-3 14:47 | |
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The Governor Lael Brainard, of the US Federal Reserve on Wednesday stated Facebook’s digital currency project Libra faces a “core set of legal and regulatory challenges.” Social media giant’s stablecoin that is linked to fiat money and other sound assets to mitigate fluctuations in the price of cryptocurrencies like Bitcoin, remains unproven with a vague […]
2019-12-18 21:12 | |
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The CEO of a digital currency exchange in the UK has set himself an incredibly bizarre challenge. People have been donating to Pete Wood of CoinBurp as he attempts to raise money for a homeless charity by saying the word “crypto” 100,000 times.
2019-12-11 23:00 | |
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Coinspeaker Chainlink Powering Ampleforth Protocol to Improve Upon BTC as a Reserve CurrencyChainlink’s price information to help set elastic supply policy, allowing AMPL to take on both the characteristics of fiat money and natural commodity-monies, like gold and silver.
2019-12-9 17:01 | |
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Our civilization is now on the threshold of the fourth industrial revolution, which will be characterized by a combination of technologies that erases the boundaries between the physical, digital and biological spheres.
2019-11-29 12:14 | |
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The European Central Bank [ECB] is actually considering a central bank digital currency, with the ECB now seeking a pan-European approach towards creating a true pan-European retail payment solution.
2019-11-26 12:50 | |
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The best use for any currency would be to spend it on things you need or even better, enjoy. And spending has to be easy and inexpensive too. Bitcoin cash has these characteristics and brings them to the digital money world.
2019-11-21 11:50 | |
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What is the role of cryptocurrencies? While some view it as a store of value, a few others perceive it as a currency. In fact, lately, Bitcoin is being seen by many to be a safe haven or a hedge againThe post Bitcoin closer to gold, Ethereum closer to money: Chris Burniske appeared first on AMBCrypto.
2019-11-18 16:00 | |
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SBI Ripple Asia and SBI Remit, an international money transfer service, announced the launch of the first Japan-Vietnam money transfer service in real currency using the Distributed Ledger Technology (DLT) with the Vietnamese bank, TPBank on Nov.
2019-11-15 23:12 | |
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Reports show that fiat currency is still the favorite choice for money laundering, with 2–5% of all transactions being illicit, yet regulators ferociously attack AML policies
2019-11-13 14:50 | |
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The Central Bank of Tunisia is digitizing the Tunisian dinar and has announced the launch of the E-dinar, reported Russia’s local news agency, Tass, which it says will be the first central bank digital currency.
2019-11-9 20:44 | |
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Trade wars, sanctions, fear from private and decentralized cryptocurrencies. Regardless of the motive, a number of governments have recently taken the path of creating their own digital money. Turkey has become the latest country to announce plans for the issue of a “blockchain-based” national currency.
2019-11-8 17:35 | |
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China’s national digital currency is in the works, which would monitor transactions and curb money laundering. However, according to a recent interview with CNBC on November 5, 2019, Ethereum co-founder, Joseph Lubin, believes that China’s central bank digital currency (CBDC) lacks a key component of blockchain technology, which is decentralization.
2019-11-6 10:00 | |
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At the Annual Litecoin Summit 2019, retired American politician Ron Paul put his weight behind cryptocurrencies saying that the traditional banking system is fake and that digital currency is the money of the future, October 28, 2019.
2019-10-29 14:07 | |
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Lebanon Public Prosecutor Ghassan Oueidat released an order that has imposed a ban on traders and money exchangers from taking significant amounts of dollar currency out of the country. This is until a new mechanism is determined for regulating such transfers.
2019-10-28 16:17 | |
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Fiat money has a surprisingly short lifespan. The almighty U. S. dollar currently serving as world reserve currency is not exempted, in spite of all proclamation that it cannot fail. Throughout history, fiat money has failed over and over again, where sound assets like gold have survived.
2019-10-23 17:45 | |
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It’s an obvious fact that Bitcoin and other cryptographic forms of money have been affecting cybercrime. Since 2019, the number of ransomware occurrences has ascended. The payment technique used is mostly digital currency, mostly using bitcoin.
2019-10-22 20:22 | |
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In a recent video posted to Twitter. John McAfee states: “Imagine a world…where fiat currency is diminishing in importance. ” Instead of pointing to the adoption of crypto by big money interests, the rogue politician and radical bitcoin proponent talks of a complete flip, where users won’t need to exchange their cryptocurrencies for fiat.
2019-10-21 10:15 | |
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Andreas Antonopoulos, the author of Mastering Bitcoin, recently spoke about Bitcoin as a medium of exchange, a unit of account, and a reserve currency during a Q&A session on YouTube. When asked about whether Bitcoin could be a standard for other cryptocurrencies, the same way Gold was for money, Antonopoulos highlighted that this was already […] The post Bitcoin remuneration questions use as medium of exchange v/s store of value appeared first on AMBCrypto.
2019-10-20 12:48 | |
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Earlier this week I told you Facebook‘s ‘cryptocurrency‘ saga had turned into a soap opera and that it was going to be a long season, and it seems I wasn’t wrong. The technology giant is facing a new challenge after the G7 said on Thursday that such stablecoins shouldn’t be allowed to launch until international risk was assessed.
2019-10-18 12:04 | |
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The Bank of Canada (BoC) is thinking about developing a digital currency that would eventually replace fiat money completely, according to local media platform The Logic. Govt-Backed Digital Currency for More Control Bitcoin came out more than a decade ago as a decentralized, peer-to-peer currency system that enabled privacy and bypassed government control.
2019-10-17 15:00 | |
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The company behind the XRP crypto asset, Ripple, together with Coinbase, has decided to invest in Bitso, the largest crypto exchange of Mexico, Bitso. During it's funding round, the Mexican company was able to get an undisclosed amount of money.
2019-10-14 20:05 | |
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The dominance of the U. S. dollar as the global reserve currency is being robustly challenged on all fronts. Other geopolitical powers and smaller but important players are unwilling to accept the political influence Washington exerts through its fiat money.
2019-10-11 12:40 | |
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While Bitcoin has assumed many mantles over the years — digital gold, magical internet money and a currency for criminals, just to name a few — it has always been seen as a way out of the corrupt facets of the traditional world, be that overreaching governments or fraudulent economies.
2019-10-8 15:00 | |
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As Facebook deals with the loss of PayPal‘s backing for its ‘cryptocurrency‘ Libra, the tech giant must now get ready to answer EU regulators’ questions about the potential risks posed by the project.
2019-10-7 12:07 | |
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Businesses shouldn’t meddle in money creation, says Apple CEO
2019-10-4 11:17 | |
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Zimbabwe is once again showing the need to take away from politicians the power to control normal people’s money. The government there is now trying to cope with the results of mismanaging the economy by preventing citizens from using their fiat currency as they see fit.
2019-10-3 17:55 | |
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In the last 48 hours, digital currency markets have rebounded after some bearish price dips last week. After losing $35 billion in a short period of time, most crypto markets have been gradually healing and the overall market valuation of the cryptoconomy has clawed back at least 50-60% of the losses.
2019-10-1 19:35 | |
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All money will be digital, and the competition will be between monetary policies: Pompliano
2019-9-28 16:53 | |
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In a major development for cryptocurrency adoption, Cambridge-based accountancy firm BKL announced on September 23, 2019, that it would be accepting bitcoin (BTC) as fee payment to settle invoices. BKL Embraces Digital Money Spearheading the digital currency adoption race in the U.
2019-9-24 12:43 | |
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Ripple Labs, the company behind the Ripple (XRP) cryptocurrency, has formally requested a US federal court dismiss a class action lawsuit that alleges it illegally sold unregistered securities, Fortune reports.
2019-9-20 15:09 | |
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Let’s be honest. For central banks that relish their power to unleash quantitative easing and print money at will, Facebook’s Libra is a wolf in sheep’s clothing. Facebook Does Not Threaten Central Banks Libra does not threaten central banks’ control over currency creation.
2019-9-17 14:30 | |
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If you’ve been reading my column, you know that I do not believe in the long-term story of bitcoin and that trading it is actually worse than gambling in a Las Vegas casino. I don’t believe bitcoin will actually ever replace fiat currency, and the circumstances under which that could happen would actually undercut the […] The post Bitcoin is Not And Never Will Be ‘Money’ appeared first on CCN.com
2019-9-18 09:36 | |
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There’s a small team of committed researchers and activists called the Ryver Bitcoin Cash group surveying Venezuelans, and giving them educational resources about the benefits of bitcoin cash.
2019-9-14 20:50 | |
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