2019-9-26 14:25 |
Peter Wuffli, former head of UBS, and director at Swiss crypto bank Sygnum sees a tremendous opportunity in providing custody services for cryptocurrency holders
origin »Bitcoin price in Telegram @btc_price_every_hour
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South Korea's forth-largest bank will incorporate a joint venture to offer cryptocurrency custody services
2021-7-12 22:30 | |
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A major British bank, Natwest, has put a limit on fund transfers to cryptocurrency exchanges over concerns of fraud and scams related to cryptocurrencies. The bank is also blocking payments to a number of cryptocurrency asset firms.
2021-6-30 14:30 | |
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Bank of England Governor Andrew Bailey says there will be an element of “tough love” in regulating cryptocurrency. “What we cannot have is a world where innovation gets a free pass to ignore the public interest.
2021-6-17 18:30 | |
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In April 2018, the Reserve Bank of India (RBI) asked local banks to stop providing services to cryptocurrency exchanges and related businesses, subsequently halting fiat-to-crypto trading in the country.
2021-6-1 21:59 | |
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Bank of America, Citigroup, and Wells Fargo have shared their policies regarding cryptocurrency before the U. S. Senate banking committee. The three banks are in different stages of offering crypto services to their clients.
2021-5-30 02:30 | |
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There will be no more anonymous trading for cryptocurrency traders in Ireland as the country ushers in new regulations that would change the crypto landscape. Cryptocurrency firms now have to register with the central bank and institute anti-money laundering (AML) guidelines or close shop.
2021-3-18 17:24 | |
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Nigeria’s central bank recently made headlines enforcing cryptocurrency restrictions on how the country’s banking sector works. Specifically, CBN reminded regulated financial institutions yesterday that a 2017 regulation prohibits them from facilitating cryptocurrency transactions or facilitating payments for exchanges.
2021-2-23 22:35 | |
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The Federal Reserve Bank of Dallas has published a paper showing how cryptocurrency markets are affected by crypto regulatory actions. The research also determines whether the authorities have some scope to make cryptocurrency regulation effective.
2020-4-21 21:15 | |
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Switzerland National Bank’s (SNB) Vice Chairman, Fritz Zurbruegg has revealed that the apex bank is currently holding serious talks with relevant authorities across the globe concerning Facebook’s global cryptocurrency project, Libra, according to a Reuters report on August 27, 2019.
2019-8-28 19:00 | |
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The head of the central bank of Russia says she does not want to legalize Bitcoin and other cryptocurrency as a payment method – because of risk and volatility. Bitcoin Has ‘Big Risks’ Speaking to the country’s parliament, the Duma, about the Bank of Russia’s impact over 2018, Elvira Nabiullina continued an increasingly bearish stance on cryptocurrency.
2019-5-31 12:00 | |
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The head of the Bank of Russia told a Russian governmental committee that they would consider creating a gold backed cryptocurrency. Elvira Nabiullina spoke in front of the Duma and suggested that a gold-backed cryptocurrency could be a solution for cross border payment issues that arise for Russians.
2019-5-24 09:13 | |
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After exploring the opportunity last year, major Dutch bank Rabobank has decided it’s not going to take its plans for a cryptocurrency wallet any further. In February last year, news surfaced that Rabobank was working on a cryptocurrency service – called Rabobit – which promised to bridge the gap between bank accounts and cryptocurrency wallets.
2019-5-23 14:00 | |
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Myanmar’s apex bank is sounding a note of warning to citizens against the dangers of trading with cryptocurrency. Per the report from The Irrawaddy May 03, 2019, the country’s central bank frowns on the use of virtual currencies, as there have been reports of digital currency scams by inexperienced victims.
2019-5-5 01:00 | |
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Cryptocurrency–Despite the lack of positive price movement in the cryptomarkets over the preceding weeks, adoption and recognition for the industry continues to climb. While 2018 has the makings to be remembered as the worst bear cycle in the lifetime of crypto, many pundits within the industry have been keen to point out that adoption for […] The post Bank of America Interested in Cryptocurrency Storage Patent appeared first on Ethereum World News.
2018-8-25 21:06 | |
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The State Bank of Vietnam (SBV); the country’s central bank, has adopted the Finance Minister’s call for a prohibition on the importation of cryptocurrency mining rigs. SBV Sides with MoF and MoIT In June 2018, Vietnam’s Ministry of Finance (MoF) called for a ban on the importation of cryptocurrency mining rigs.
2018-7-21 20:00 | |
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The proposal was introduced by the country’s Ministry of Industry and Trade (MoIT) after the SBV announced that cryptocurrency use within Vietnam was not a “lawful means of payment” this past October.
2018-7-21 01:52 | |
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The Indian Supreme Court has adjourned its hearing of the petition against the Reserve Bank of India (RBI) ban on banks facilitating cryptocurrency transactions. The apex court will deliver its final judgment on the matter on September 11, 2018.
2018-7-21 01:00 | |
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The gear has come under scrutiny by the State Bank of Vietnam and the Ministry of Industry and Trade.
2018-7-21 00:16 | |
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A Supreme Court decision on the Reserve Bank of India’s (RBI) efforts to bar cryptocurrency firms from receiving banking services will have to wait – for now. A final hearing on the ban’s merits has been deferred to September 11, local news outlet Inc42 reported Friday. The panel of judges overseeing the case want all arguments
2018-7-21 00:07 | |
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According to regional reports, the State Bank of Vietnam (SBV) has agreed with a proposal to ban imported cryptocurrency mining machines in order to keep the digital currency economy tethered tightly to the government’s regulatory frameworks.
2018-7-21 23:32 | |
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Interdealer broker TP Icap, one of the world’s largest institutions within the financial, energy, and commodities markets, is about to approach virtual currencies. It has set up a working group for the purpose of analyzing the best way to enter the burgeoning market and ecosystem.
2018-7-21 22:30 | |
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Today was the proverbial D-Day for the cryptocurrency industry in India as the Supreme Court was scheduled to hear the case against the Reserve Bank of India (RBI) instituting a ban forbidding all commercial banks in the country from facilitating crypto related transactions.
2018-7-20 19:39 | |
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This prediction by JPMorgan has been mentioned in an internal report of the American multinational investment bank and financial services company, headquartered in New York City. Various executives, including the CEO of the company Jamie Dimon, have clearly stated that they believe that cryptocurrency is actually a fraud. However, the internal report holds an entirely different
2018-7-20 18:24 | |
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As per its name, stable coins are designed to keep their price fixed, making them immune to manipulation trading. On a smaller scale, stable coins allow casual investors to trade seamlessly, swiftly transferring money between crypto exchanges and bypassing conventional, time-consuming bank wire transfers — many cryptocurrency exchanges do not support fiat at all, making
2018-7-20 17:11 | |
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Two weeks after the Reserve Bank of India’s circular regarding cryptocurrency came in to play, the Indian cryptocurrency community gears up for its first signs of reproach, as the Supreme Court of India resumes hearings on the petition filed against the central bank.
2018-7-20 13:14 | |
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Today (July 20, 2018) is an important day for the Indian cryptocurrency market as the Supreme Court resumes its hearing on the suit filed by crypto exchanges against the ban by the Reserve Bank of India (RBI).
2018-7-20 12:24 | |
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The country’s central bank has reportedly agreed to a proposal to suspend imports of specialized cryptocurrency mining equipment.
2018-7-20 08:35 | |
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The UK’s Barclays, arguably the most powerful international corporate bank in the world, filed two crypto-related patents this week. The 300 year-old legacy bank gobbled up exclusivity over cryptocurrency transfers and distributed ledger data storage.
2018-7-20 02:55 | |
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The State Bank of Vietnam will suspend imports of cryptocurrency mining hardware to prevent the use of crypto as payment
2018-7-20 01:17 | |
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The cryptocurrency market situation in India is changing fairly quickly. The country’s Reserve Bank maintains a ban on cryptocurrency trading with the INR, but a new business model is emerging.
2018-7-20 01:00 | |
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Vietnam has moved a step closer to halting cryptocurrency miner imports, a local new source reported on Thursday. According to Viet Nam News, State Bank of Vietnam (SBV), the country’s central bank, has now agreed to a proposed plan to halt imports of the specialized mining devices since the country has already banned the use of
2018-7-19 19:50 | |
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According to CNBC, US central bank’s chair Jerome Powell has asked investors to be cautious while investing in cryptocurrencies. Speaking to the members of the Congress on Wednesday, he warned people about serious risks they could get exposed to if they invest in digital currencies.
2018-7-19 18:24 | |
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Cryptocurrencies are getting more attention every day, it seems, as the Financial Stability Board (FSB) announced on Monday that it had put together a standardized framework with which to monitor cryptocurrency assets.
2018-7-19 18:00 | |
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The country's central bank has agreed to a proposed suspension of cryptocurrency miner imports, a local new source reported on Thursday.
2018-7-19 15:00 | |
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Wednesday Lugano, Switzerland – trade. io, a leading cryptocurrency exchange and innovator of the industry’s leading liquidity pool, today announced that David Hannigan has joined the company as its Chief Dealer.
2018-7-19 12:30 | |
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Blockchain Patent Filed by Bank Of America to Permit External Validation of Data While many financial institutions and other entities have been rejecting cryptocurrency for their customers, Bank of America’s voice has been quite loud in their disdain.
2018-7-18 20:43 | |
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IBM is exploring the use of a ‘stablecoin’ to facilitate fast and secure payments within the financial services sector. The tech giant has teamed up with institutional asset management platform Stronghold, which is federally insured by the bank Prime Trust, to test a cryptocurrency that is pegged to the U.
2018-7-18 01:00 | |
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The Indian cryptocurrency market has been plagued with disappointment ever since the prohibition of INR withdrawals, as per orders of the regulatory body known as the Reserve Bank of India [RBI]. Earlier this month, the Supreme Court of India held a hearing regarding the lifting of the ban in the country. The temporary stay was […]
2018-7-18 21:49 | |
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David Solomon who is largely expected to be the next CEO for Goldman Sachs is expected to maintain the bank’s strengths while exploring the new class of digital assets. Mr. Solomon will succeed Lloyd Blankfein as the next CEO of the investment bank.
2018-7-17 20:07 | |
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Goldman Sachs’ former Chairman and Chief Executive Officer (CEO) Lloyd C. Blankfein officially retired from both positions. His successor, David M. Solomon, is known for being keen on both Bitcoin and the cryptocurrency market in general.
2018-7-17 20:00 | |
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In a press release issued on July 16 via its website, the Financial Stability Board (FSB) announced that cryptocurrencies do not pose a threat to the global financial system. FSB Partners with CPMI to Monitor Cryptocurrencies The purpose of the announcement was to apprise the G20 Finance Ministers and Central Bank Governors of the FSB’s activities concerning the emerging cryptocurrency industry.
2018-7-17 15:00 | |
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The Financial Stability Board (FSB) has unveiled its monitoring framework for cryptocurrencies. The FSB framework comes as the Finance Ministers and Central Bank Governors of the G20 member nations head for a summit in Buenos Aires, Argentina.
2018-7-17 09:27 | |
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The Hong Kong central bank has announced that its official launch next month will include a blockchain-built trade finance platform for logging transactions and credentials, which will therefore be immutable.
2018-7-17 05:00 | |
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The Financial Stability Board (FSB) has unveiled its monitoring framework for cryptocurrencies. The FSB framework comes as the Finance Ministers and Central Bank Governors of the G20 member nations head for a summit in Buenos Aires, Argentina.
2018-7-17 23:54 | |
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G20 (Group of 20) is a worldwide platform for Central Banks and Governments which includes authorities from countries all over the world. G20 membership consists of; Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, the United States of America and the European Union.
2018-7-16 18:30 | |
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The Financial Stability Board (FSB), an organization focused on analyzing and making recommendations to the G20 on global financial systems, has presented a framework for monitoring cryptocurrency assets.
2018-7-16 17:01 | |
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An ongoing dispute between banks and cryptocurrency exchanges took a new turn. An appeals court has ruled in favor of one crypto exchange against one of the largest banks in the country. Five major banks have also separately responded to lawsuits against them in court.
2018-7-16 09:00 | |
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Various banks around the world have shown a tendency to oppose cryptocurrency. Bank of Queensland is doing exactly that, even though its decision makes a lot of sense. Clients were tapping into home equity loans to buy cryptocurrency, which is ill-advised.
2018-7-15 21:00 | |
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A much-talked-about deal between a cryptocurrency non-profit and a bank saw cheers and jeers this week, and all sorts of reactions in between.
2018-7-15 14:30 | |
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The new platform, called the “Ethereum time machine,” extends Ethereum’s programming capabilities by allowing smart contracts to execute transactions based on uncertain or not-guaranteed future events.
The contracts will exist on a sidechain built on XRPL, developers said in a Tuesday post.
The "Protocol 20" upgrade, which adds support for Ethereum-style smart contracts to the decade-old payments-focused blockchain, had been delayed by three weeks due to precautions after a bug was found.
In the aftermath of Fantom’s $550,000 hack in October, a security researcher found that the attacker could have stolen as much as $170 million.
The service industry needs blockchain for enhanced security, transparency and efficiency in managing transactions, contracts and customer data.
The European Parliament said on Nov. 9 that it has voted in favor of a Data Act that will set out rules in various areas, including smart contract development. The current announcement says that the act has been adopted with 481 votes in favor and 31 votes against, with 71 abstaining votes.