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2019-10-18 04:51 |
Stablecoins could present a significant risk to global financial stability but hold promise for payment systems, says G7 report
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2019-10-18 04:51 |
Stablecoins could present a significant risk to global financial stability but hold promise for payment systems, says G7 report
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With the annual Earth Day coming this week, undoubtedly, the focus will once again be one of the key objectives: environmental protection. And as it is, with climate change a global engagement, a new report looks to outline just how important blockchain technology could be in “the race” against global warming.
2022-4-20 19:30 | |
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In a new report by the International Monetary Fund (IMF) entitled “Global Financial Stability Report: Lower for Longer,” the group gives an overview of the current debt-ridden and precarious state of affairs in global economics.
2019-10-18 12:25 | |
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A new report says bitcoin has failed as a means of payment or store of value, but stablecoins like Libra are a risk to financial stability.
2019-10-18 12:10 | |
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The working group of the G7 has released a report detailing the potential risks a global stablecoin (GSC) could pose to nations and economies worldwide. GSCs will have to address these concerns to be considered for approval, the report said, adding that addressing the outlined risks will not guarantee regulatory permission to operate.
2019-10-18 11:30 | |
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The growth in stablecoin usage has soared since late 2017, and this has regulators and government bodies across the world incredibly worried. A new report formulated by central bank officials of the G7, the IMF, and the Financial Stability Board, believe that global stablecoins pose a systemic threat to the global economy and monetary stability,Read MoreRead More.
2019-10-14 19:00 | |
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Facebook’s proposed Libra ‘cryptocurrency’ has run into further resistance, this time from a G7 taskforce. The group issued a report stating that ‘global stablecoins’, such as Libra, should not begin operation until proven safe and secure.
2019-10-14 14:00 | |
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The G7 group of nations has prepared a draft report which notes that globally accessible stablecoins pose a significant threat to the existing financial system. According to BBC, G7’s draft report detailed the different risks...
2019-10-14 11:42 | |
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The G7 has released a report claiming that “global stablecoins” could pose a threat to global financial stability.
2019-10-15 03:40 | |
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Next week kicks off earnings season for the financial sector as bank stocks start to report. The banking industry is seen as a bright spot this earnings season, with analysts predicting that it will be one of four sectors to eek out earnings growth.
2019-10-13 22:30 | |
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A new report from CB Insights has mapped the World’s unicorns. Private companies worth over $1 billion and divided into 15 categories, the list includes 390 businesses that are flourishing in their respective categories — and there are even a few blockchain and cryptocurrency entries in the mix.
2019-10-8 21:14 | |
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Global exchanges are begging the UK‘s Financial Conduct Authority (FCA) not to ban the sale of cryptocurrency-based derivatives. The World Federation of Exchanges said today that there is a need to find a balance between innovation and keeping consumers protected, Reuters reports.
2019-10-7 17:27 | |
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According to a report published by Fast Company on October 7, 2019, Netherlands-based FairChain Foundation, in association with the United Nations Development Programme, has launched a blockchain pilot to help fight global poverty.
2019-10-7 16:30 | |
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JPMorgan expects the Fed to ease rates again in October. Over the weekend, CNBC anchor Carl Quintanilla tweeted the investment bank’s statement from his iPhone: Slowing job growth is one indication of a slowing global economy.
2019-10-7 00:00 | |
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In the 2019 research report of the annual Global Non-governmental Organizations (NGOs) Technology Report, Bitcoin (BTC) and other cryptocurrencies ranked poorly as a payment option across the 5,352 institutions in 194 countries sampled.
2019-10-6 18:35 | |
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Bitcoin has scored a below average level of adoption in the annual 2019 Global NGO Technology Report. The Global NGO Technology report evaluates the use of technology by non-governmental organizations (NGOs) worldwide, exploring how NGOs utilize various technologies to communicate, raise funds, and process information.
2019-10-5 13:09 | |
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A report from The Guardian reveals that a British tax relief fun has paid the vast majority of its funds — which were originally intended to be earmarked for smaller developers based in the UK — to global game publishers such as Sony, Sega, and Warner.
2019-10-4 02:40 | |
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Nigel Green, CEO of deVere Group — a global financial advisory company, says the European Union needs to seriously consider cryptocurrency adoption per a report by IT-Online. Meanwhile, banking giants across the globe are beginning to shift from an anti-crypto stance towards developing their own blockchain-based business solutions.
2019-10-4 19:00 | |
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Report: South Korean exchange Bithumb’s international platform Bithumb Global is looking to establish a regulated cryptocurrency exchange in India
2019-10-3 13:58 | |
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A data scientist and Bitcoin enthusiast has just published a follow up report to an earlier effort to collate global LocalBitcoins volume data. Matt Ahlborg has also shared tools that allow for much greater analysis of the international peer-to-peer Bitcoin market.
2019-10-3 23:00 | |
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Global wash trading on crypto markets was down by over 35% in September, according to the latest surveillance report from the Blockchain Transparency Institute
2019-10-1 16:26 | |
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Facebook has reportedly revealed the percentage breakdown of the basket of global currencies that will underpin its Libra cryptocurrency.
2019-9-23 07:15 | |
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Global Market Insights projects that the global blockchain tech market will exceed $16 billion by 2024
2019-9-22 18:42 | |
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Bitmain – the world’s top 10 fabless chipmaker – is set to release the world’s first Big Data Analysis Report of Global Mining Farms during the World Digital Mining Summit (WDMS) on 8-10 October in Frankfurt.
2019-9-20 09:58 | |
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Global financial regulators and central banks are calling in officials from Facebook’s Libra cryptocurrency to explain the potential financial risks the stablecoin poses in the global fintech industry.
2019-9-16 16:07 | |
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Coinspeaker Fintech Startups Will Eat a Massive $280 Billion Banking Revenues by 2025A newly released Accenture report shows the rapid transition of the global payments industry and how the new systems will make the traditional revenue models obsolete.
2019-9-16 15:37 | |
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Paypal, an American centralized payments services company has made it clear that it firmly believes in the potential of the social media giant’s global cryptocurrency project despite the intense scrutiny of governments and central banks on Libra, as well as the regulatory bottlenecks surrounding the cryptoasset, according to a Channelnewsasia report on September 14, 2019.
2019-9-16 12:20 | |
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BTC trading has helped open new trading avenues for Cuba citizens. The communist country has been isolated financially for many years under a siege that was started by the embargo placed on it by the United States.
2019-9-14 17:16 | |
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As the value of Bitcoin (BTC) rose in the past few months, global cryptocurrency investment deals are witnessing an increase in value. According to a report by PricewaterhouseCoopers (PwC) released during the Coindesk Invest: Asia, global fundraising deals are witnessing a spike in value despite the levels well below the cryptocurrency boom period in early […]
2019-9-13 18:49 | |
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A judge of the Nova Scotia Supreme Court has agreed to a request to move the ongoing QuadrigaCX case from Halifax to Toronto, Ontario. According to a report by Global NewsSeptember 10, 2019, the transfer would drastically cut down expenses as most of the victims are based in Toronto.
2019-9-12 21:00 | |
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Most often overlooked in the fintech space is the world’s most scalable and private payment system: cash. It is used in every country around the world and despite its much exaggerated demise, according to the G4S Global Cash Report 2018, cash circulation has risen to 9.
2019-9-11 15:45 | |
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A new Indian government report has put cryptocurrency in a positive light, viewing the mechanisms surrounding it, including initial coin offerings, as “revolutionizing the global fintech landscape.
2019-9-4 14:03 | |
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Boeing to become the 10th member of Hedera Hashgraph’s governing council , joining IBM and FIS Global, a report says
2019-8-31 21:40 | |
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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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The People’s Bank of China, known as the Central Bank of the country, has recently affirmed that the rumors surrounding the launch of a state-backed cryptocurrency are not true. The report was made by The Global Times, the official newspaper of the Communist Party of China, so it is pretty much an official source. According […]
2019-8-29 20:55 | |
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Few technologies garner as much attention and enthusiasm as blockchain technology and artificial intelligence (AI). Both technologies are featured prominently in Deloitte’s 2019’s Tech Trends Report, and they are drawing significant investments at the enterprise level.
2019-8-30 20:00 | |
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According to a market research conducted by a tech-based firm ABI Research, global revenues raised for blockchain technology are set to hit the $10 billion mark by 2023. The report states that investment in the sector is on the rise, although the number of ICO’s has lessened due to regulatory measures. ABI states that venture […]
2019-8-28 22:28 | |
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China’s aggressive push towards cryptocurrency has forced global economies to ensure a common-ground for crypto-innovations within their jurisdictions. Taking a closer into the Chinese government’s crypto initiative, Binance Research released a report that details on the People’s Bank of China’s (PBoC) proposed digital legal tender.
2019-8-29 20:30 | |
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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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Coinspeaker New Gartner Report Says Huawei Phone Sales Rise With Samsung Leading the WayGartner released their quarterly report on global smartphones which says that among the top five phone vendors, Huawei sales increased by 16.
2019-8-29 17:00 | |
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The long-awaited cryptocurrency token from instant messaging platform Telegram is allegedly rolling out to investors very soon, but we should remain skeptical. According to a report from The New York Times, Telegram will be delivering the “first batches” of the Gram tokens to investors by October 31.
2019-8-28 16:53 | |
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XRP has been touted as one crypto that could penetrate deep into the global financial market and achieve high adoption rate in the coming years. For one, XRP has been listed on various crypto exchanges and has achieved fair popularity in the market.
2019-8-25 17:11 | |
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A new report by CipherTrace provides insight into the state of the global crypto asset markets. The ‘Q2 2019 Cryptocurrency Anti-Money Laundering Report’ says a growing global regulatory response and the entry of Facebook’s Libra were significant events last quarter.
2019-8-24 22:00 | |
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Untrusted exchanges still account for 64% of global cryptocurrency trading volumes
2019-8-23 15:26 | |
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Blockchain projects in South Korea are increasingly moving away from domestic token issuances in search of deeper markets for their cryptocurrencies. As per a report from Business Korea, August 19, 2019, the number of projects choosing to list overseas are increasing as global exchanges and launchpads open themselves up with Korean Won money markets.
2019-8-20 15:00 | |
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Coin market ranking chart application, CoinGecko joins forces with blockchain-based financial ecosystem and global leader in regtech for digital assets, Coinfirm. As per the claims made, two things will arise from this partnership: bettering the former’s exchange, i.
2019-8-17 18:54 | |
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The Association of Cryptocurrency Startups and Enterprises, Singapore (ACCESS) is looking to facilitate public discussion of their newly formulated code of practices. As per a report from Strait Times, the code aims to tackle a variety of issues like money laundering, financing global terrorism, and many other crucial issues that need to be addressed.
2019-8-14 17:00 | |
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A new report from Grayscale Investments confirms a few significant data points that conclude Bitcoin can be considered a safe-haven asset. While the genesis cryptocurrency has not yet seen a recession, many believe that it will be a wealth creator in distressed scenarios when stocks and bonds are underperforming, August 8, 2019.
2019-8-10 21:00 | |
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Fifteen nations are said to be planning to set up a system to monitor crypto transactions alongside the Financial Action Task Force.
2019-8-9 14:34 | |
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Whales reportedly own about 80% of the total Tether (USDT) supply sparking fears of bitcoin (BTC) price manipulation. Tether Whale Supremacy According to a report by Coin Metrics, 318 addresses own 80% of the current total supply of the Tether stablecoin.
2019-8-8 15:00 | |
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