2021-5-21 21:35 |
Chairman Jerome Powell claims that central banks can benefit from tech innovations origin »
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Ripple’s partner Accenture, the technology and business consulting firm, has published a paper with SWIFT on the potential for central bank digital currencies (CBDC) payment solutions. Titled “Exploring central bank digital currencies: How they could work for international payments”, the paper claims there is surging interest for these types of assets. Accenture is a Fortune […]
2021-5-12 01:22 | |
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Indian government and regulators have been trying to take a firm position on the use and supply of cryptocurrencies in the country. Even though the Finance Minister of the country, Nirmala Sitharaman,The post India's central bank claims govt.
2021-3-25 17:15 | |
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Shinhan Bank of South Korea has announced the completion of its central bank digital currency (CBDC) pilot. The project was carried out in conjunction with LG CNS and the team claims the pilot is in a bid to get the bank ready for the eventual launch of the nation’s digital won by the Bank ofRead More
2021-3-11 02:00 | |
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The International Monetary Fund (IMF) resident representative for Nigeria, Ari Aisen recently discussed the Central Bank of Nigeria (CBN) directive that targets crypto entities. In remarks made during a special virtual press briefing, Aisen repeats some of the CBN’s claims that cryptocurrencies were being used “for illegal transactions such as money laundering and drug trafficking.” […]
2021-2-20 03:00 | |
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Following the outcry over the Central Bank of Nigeria’s latest directive that targets cryptocurrencies, the institution has reaffirmed its stance with another statement. In the latest five-page document, the CBN insists that this directive is intended to protect the country’s financial system from the “risks” that are associated with cryptocurrencies. Debunked Claims Still, the central […]
2021-2-10 12:05 | |
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Major Bitcoin critic and gold fan Peter Schiff is definite that Bitcoin has disrupted neither any central banks, nor any governments but gold can shake the fiat system
2021-1-9 13:24 | |
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The Bank of Thailand (BOT) announced on Oct 5 that it had launched the world’s first government savings bond using an IBM-developed blockchain. The BOT claims that over $1. 5 billion in bonds has already been issued using the platform over the past two weeks.
2020-10-6 21:48 | |
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China’s central bank has stated that the trial of its developing central bank digital currency (CBDC) is currently limited to retail transactions, as against claims stating that the digital yuan was used for large transactions.
2020-8-24 23:07 | |
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Bridgewater CIO Ray Dalio claims capital markets are no longer free as central banks drive more of the economy.
2020-7-5 20:30 | |
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Coinspeaker Is Bitcoin Crazy Game or Its Time Is Yet to Arrive?The crypto community claims that it makes sense to buy Bitcoins because ordinary money will worth less and less because of all the trillions that central banks pump into the financial system.
2020-6-22 10:59 | |
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The central bank claims to have distributed 'part' of a recent $13 billion bank "liquidity enhancement" using blockchain tech.
2020-6-10 12:00 | |
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Venezuela has filed a major $1 billion lawsuit against the Bank of England and claims that the central bank is refusing to release the gold owed. Venezuela has used the Bank of England for decades to store its bullion, but now it’s having a problem retrieving it.
2020-5-23 15:10 | |
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Myanmar’s central bank claims crypto traders can be fined or imprisoned, but there are doubts about whether legislation backs this up.
2020-5-22 03:48 | |
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The central bank of Argentina has pledged its support for a blockchain-based system developed using RSK technology. The proof of concept will be used to trial a system for account debit claims (payment system), utilizing the end-to-end traceability that is one of blockchain’s key strengths.
2020-4-22 11:23 | |
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Brazil’s Central Bank is set to launch a new payment system which it claims will offer near instant fund transfers. The new payment system is set to be released in November, Cointelegraph reports. The new system will be referred to as PIX, a short form for Brazil’s Instant Payment Scheme. The platform will allow for […]
2020-2-20 22:06 | |
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Bitcoin could be people's only recourse against central bank-induced hyperinflation, an Ikigai analyst claims. The post Government-Issued Digital Assets Will Be Backed by Bitcoin: Quant Analyst appeared first on CCN.com
2020-1-28 17:17 | |
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Christine Lagarde claims that a CBDC issued by the European Central Bank (ECB) could have major implications for the financial
2020-1-8 20:40 | |
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New research from the European central bank claims that a central bank digital currency system that protects user privacy is possible
2019-12-18 17:33 | |
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It has been rumored for some time now how some countries will go cashless. Swedish officials want to take this one step further by creating a national digital currency. More details regarding this potential venture were outlined by the Swedish Central Bank Governor this week, A Swedish Digital Currency Seems Viable This individual sees a […] The post A Swedish Digital Currency is Necessary, Central Bank Governor Claims appeared first on NullTX.
2019-11-23 02:00 | |
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Despite having a longtime ban against cryptocurrency, the People’s Bank of China recently decided to research the use of digital currency for themselves. While there have been multiple news reports stating that the central bank has already issued digital currency, the PBoC has stated that the claims are “fraudulent.” Instead, the official statement from the […]
2019-11-14 23:14 | |
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While many representatives of the world’s financial system have been consistently deprecating Bitcoin and cryptocurrencies, Jean-Claude Trichet, the former European Central Bank (ECB) president, dismissed the idea of cryptocurrencies as pure speculation.
2019-11-12 00:22 | |
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Tunisia has announced the launch of its digital currency, the ‘E-dinar. ’ With this, the tiny North African country claims to be the first country to launch a central bank digital currency (CBDC).
2019-11-10 12:55 | |
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Analyst, Chris Mancini claims governments are increasingly turning to gold, and not Bitcoin, in order to hedge against economic uncertainty. Motivated by geopolitical wranglings, as well as a desire to reduce dollar reliance, the Chinese and Russian central banks are driving demand for gold.
2019-10-23 13:31 | |
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The commotion around Libra and other stablecoins has caught the attention of a lot of regulators from across the world. The idea of a virtual asset backed by a fiat currency to facilitate payments has taken flight among several mainstream financial institutions, including the likes of JPMorgan.
2019-10-5 23:30 | |
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China’s central bank denied claims that it will roll out a cryptocurrency this November, adding that the parties involved in its distribution have been misconstrued, according to TechNode. The statement is a rebuttal to a widely circulated article by Forbes.
2019-10-2 03:05 | |
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As Central Banks across the world start looking into cryptocurrencies and DLT to see how feasible a fiat-backed digital currency would be, the IMF (International Monetary Fund) has now entered the conversation as well, publishing a blog post exploring the advantages of a privately issued stablecoin, one which is backed by central bank reserves.
2019-9-28 18:30 | |
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ING’s Chief Economist, Mark Cliffe, responded in the affirmative when enquired about ING’s plans of launching a digital currency during a joint event to discuss the various aspects of central bank-issued stablecoins.
2019-9-27 15:54 | |
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The Chinese Central Bank has refuted claims that it is going to instigate its national digital currency in the coming month (November). This is according to The Global Times, which is China's national English language newspaper.
2019-9-23 19:11 | |
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China's central bank has played down reports that it will issue its digital yuan in November through major banks and companies.
2019-9-23 15:20 | |
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Facebook sat down with the United Kingdom's finance ministry, the central bank, and other regulatory officials in what was presumably a pre-emptive move to win favor before announcing its own self-titled cryptocurrency, Libra.
2019-9-20 14:09 | |
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According to its proponents, the value proposition of Bitcoin (BTC) was dramatically accentuated on Thursday, when central bankers continued their march towards debasement and uncharted monetary territory.
2019-9-13 15:00 | |
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The newly appointed Chinese head of digital currency claims that the digital yuan will have some comparable traits to Facebook’s Libra currency and the public will be able to use it within various Chinese payment platforms namely WeChat as well as Alipay CoinDesk reports.
2019-9-6 20:12 | |
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The steady growth of the cryptocurrency market has caught the attention of a lot of major tech giants, including the likes of Facebook, JP Morgan and now, Telegram. Out of these, Facebook’s Libra remains the most talked-about project, not only owing to its huge user base, but also due to the several hearings which have […] The post Libra’s dependence on governments, central banks is its biggest weakness, claims eToro CEO appeared first on AMBCrypto.
2019-9-4 17:30 | |
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China is not launching a central bank-backed crypto in November. That’s what Chinese state media outlet the Global Times said, in refuting a Forbes report. Central bank calls report ‘inaccurate speculation’ On Twitter, the Global Times shot down a widely-circulated Forbes story.
2019-8-31 18:30 | |
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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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In an interview with podcaster Peter McCormack, Raoul Pal, Co-founder of Real Vision and former Head of Equity and Equity Derivatives at Goldman Sachs, stated that stock markets are massively overvalued.
2019-8-21 21:30 | |
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The Supreme Court of India today resumed the ‘Internet and Mobile Association of India vs RBI’ case hearing. Continuing from its last hearing on the 14th of August, IAMAI Counsel, Ashim Sood, today argued that the action of the Reserve Bank of India was against the “doctrine of proportionality,” besides being based on no study […] The post India: Central Bank’s circular on cryptocurrencies void on the basis of vagueness, claims counsel before the SC appeared first on AMBCrypto.
2019-8-20 10:44 | |
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Tensions between the US and China have escalated over the last few months, and the brunt was borne by the global economy. In such times of global instability and central banks manipulating economies, the demand for alternative assets, including Bitcoin, is speculated to go up drastically.
2019-7-24 05:30 | |
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The Treasury Secretary of the United States of America, Steve Mnuchin, told CNBC in an exclusive interview that G7 financial heads were not comfortable with Libra and expressed their doubts over the ability of the payment consortium to adhere to anti-money laundering (AML) and money transmission regulations.
2019-7-21 23:00 | |
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Facebook’s Libra has been at the center of scrutiny and skepticism among policymakers from around the globe. Many have even gone on to ask for a complete halt of the project, including many lawmakers during the two-day Congressional hearing.
2019-7-20 03:30 | |
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With cryptocurrency’s entry into mainstream finance, discussions surrounding Bitcoin have taken a hold of the economy as a whole. Towards this effort, Morgan Creek Capital’s Anthony Pompliano interviewed Crescat Capital’s Otavio Costa.
2019-7-18 14:30 | |
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When the cat is away, the mice come out to play. As the global economy is muddled with concerns surrounding trade wars, interest rate movements, and global governance dilemmas, the cryptocurrency world is enjoying a parabolic move.
2019-7-9 11:00 | |
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Last year, India’s top court ruled that the central government’s national identification system – Aadhaar – doesn’t violate the privacy of citizens. Now, there are three major developments on this front that might put privacy activists on high alert.
2019-7-5 16:08 | |
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Libra, the groundbreaking cryptocurrency project unearthed by Facebook earlier this month has been called several things within the crypto-community. From a ‘crypto-look-a-like,’ to a ‘stablecoin impersonator,’ to ‘big-tech controlled crypto,’ and even the trivial names like ‘Zuck Buck,’ and ‘you’ve got Gemini, well, I’ve got Libra.
2019-6-29 08:30 | |
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As the global push to increase crypto adoption garners more and more momentum with each passing day, an article published by a researcher working for ING – a privately owned Indian bank – claims that as we move into the future, more and more central banks will partner with independent financial institutions in order to […]
2019-6-22 19:56 | |
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By CCN: The town of Orania, South Africa, claims it’s not racist, but it’s only ever allowed white people to live within its walls. Wholly owned by a single community corporation, the city was established after Apartheid ended and has always had its own currency.
2019-6-8 11:30 | |
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India’s crypto regulation is reportedly ready and there has been much speculation about what it contains. An Indian lawyer has gotten some answers from the Reserve Bank of India about a bill allegedly seeking to ban cryptocurrencies.
2019-6-6 11:10 | |
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Since the introduction of cryptocurrencies in the global financial landscape, most users and people across sectors are split between the importance of central banks, and the idea of decentralized networks.
2019-6-4 22:30 | |
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Jens Weidmann, the president of Deutsche Bundesbank, the central bank of Germany, said a blockchain trial project used for the transfer and settlement of securities and cash proved slower and more costly than the current traditional methods, Bloomberg reported on May 29.
2019-5-31 21:49 | |
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