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Indian Central Bank Could Launch CBDC Trials by December
The Reserve Bank of India (RBI) could launch its first digital currency trials by December, according to central bank governor Shaktikanta Das. The post Indian Central Bank Could Launch CBDC Trials by December appeared first on BeInCrypto. дальше »
2021-8-28 21:20 | |
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India might launch its CBDC model by December 2021, but here's the problem
While regulatory clarity on the question of cryptocurrencies is still lacking, India is ramping up its efforts to develop its own central bank digital currency [CBDC]. According to T Rabi Sankar, DepuThe post India might launch its CBDC model by December 2021, but here's the problem appeared first on AMBCrypto. дальше »
2021-8-6 18:00 | |
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Southeast Asia’s largest bank sees tenfold crypto trading volume growth in Q1
Trading volumes on DBS Digital Exchange, an institutional crypto trading platform launched by Singapore’s largest bank DBS in December, have increased tenfold over the last quarter, DBS CEO Piyush Gupta revealed in a media briefing. дальше »
2021-5-6 07:00 | |
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Bank of Russia to Pilot Digital Ruble in 2022
First Deputy Governor Olga Skorobogatova said that a digital Ruble prototype will be created in December at a press conference. The asset, based on Distributed Ledger Technology, will likely use open source code that will have centralized control under the bank. дальше »
2021-4-9 11:44 | |
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Fusion (FSN) Included in the Report of the European Central Bank
The European Central Bank’s 2020 report (dated December) points to the urgent need for cryptocurrency to be introduced into everyday life. 2021 is a year of global changes in the economy of the whole world. дальше »
2021-2-12 17:22 | |
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Can cryptocurrency replace fiat currency?
In December 2019, Deutsche Bank said that cryptocurrency was on track to replace fiat currency by 2030. Reasons for this prediction included an increase in interest in different cryptocurrencies and ongoing fragility of the foreign exchange markets. дальше »
2021-2-9 13:17 | |
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Bank of France settles $2.4M fund in central bank digital currency pilot
The Bank of France processed $2.4 million worth of fund units using a CBDC in December as part of ongoing experiments into blockchain and stablecoin technology. дальше »
2021-1-19 14:37 | |
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Unicas launches the first-ever physical crypto banking branch in India
Unicas, a joint venture between Cashaa and the United Multistate co-op society, has rolled a physical crypto bank branch in Jaipur, India. The Cashaa team unveiled this bullish news through a blog post on December 29, noting that the physical bank branch is located at C-52, Keshav Enclave, Janpath, Lal Kothi, Jaipur, 302015, Rajasthan. дальше »
2020-12-30 19:32 | |
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Turkey is looking to launch its own crypto in 2021
Naci Agbal, the governor of Turkey’s central bank, recently revealed that the country plans to pilot a previously unknown cryptocurrency as early as in the second half of 2021. The governor disclosed this while addressing the members of the parliament yesterday, December 25th. дальше »
2020-12-26 17:21 | |
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Bitcoin Most Crowded Trade After Long Tech and Short US Dollar: Bank of America (BOA) Survey
Bitcoin’s over 170% YTD rally has everyone rushing in, which makes it one of the most crowded trades of December 2020, according to Bank of America (BOA). The investment banking giant revealed its latest survey findings, according to which about 15% of fund managers with $534 billion under management said Bitcoin is the third-most crowded […] The post Bitcoin Most Crowded Trade After Long Tech and Short US Dollar: Bank of America (BOA) Survey first appeared on BitcoinExchangeGuide. дальше »
2020-12-17 20:25 | |
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Bank of America Investor Survey Highlights the Most Crowded Trades: ‘Long Tech, Short USD, Long Bitcoin’
The highly anticipated Bank of America fund manager survey has been published, and this December fund managers who participated in the survey are sweeping up risk assets. The asset managers have dropped cash for the first time in close to seven years, as levels are down 4%. дальше »
2020-12-16 01:30 | |
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Bitbond Partners With Oldest German Bank to Issue A Euro Stablecoin On Stellar’s Blockchain
Bitbond, a Germany-based tokenization firm, has finally completed the launch of its first stablecoin after securing a partnership with Bankhaus von der Heydt (BVDH), the country’s oldest running bank, an official statement confirmed on December 9. дальше »
2020-12-10 17:49 | |
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Crypto exchange AAX to support 11 global currencies for deposit and withdrawal
To facilitate users’ access to cryptocurrencies, high-performance crypto exchange platform AAX will be supporting 11 different fiat currencies for direct deposit and withdrawal via bank transfer from December 2020. дальше »
2020-12-10 07:30 | |
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Stanchart rolls out crypto trading for institutional investors
London-headquartered Standard Chartered bank has brought together a group of crypto exchanges to launch a crypto trading platform for institutional investors. Two sources familiar with the bank’s plans unveiled this news on December 8, noting that the crypto trading platform comprises five of the largest over-the-counter (OTC) traders and four leading exchanges. дальше »
2020-12-10 15:06 | |
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SEB bank creates its own part of a global blockchain platform
SEB, a leading Swedish bank has created its own part of an international blockchain trade finance platform. The bank unveiled this news via an official press release on December 1, noting that it had set up its own production environment under Contour, a global blockchain-based platform for trade finance transactions, which went live at the start of October this year. дальше »
2020-12-3 12:34 | |
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Citibank Managing Director Sees Bitcoin Price At $318,000 By December 2021
Thomas Fitzpatrick, the managing director at Wall Street giant Citibank has written a detailed report titled “Bitcoin: 21st Century Gold” to the bank’s institutional clients highlighting the similarities between the 1970 gold market and bitcoin. дальше »
2020-11-16 16:03 | |
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Russian Central Bank launches public consultations on digital ruble
The Russian central bank started a series of public consultations to explore the prospects for digital ruble. The discussion with commercial banks and financial organizations will run until December 31, 2020. дальше »
2020-10-18 17:35 | |
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South Korea’s Central Bank to Test Digital Won Distribution In 2021; CBDC’s Are Gaining Momentum
The Central Bank of South Korea has announced that it will commence the distribution phase of its CBDC next year, marking the final stretch of the 22-month scheduled initiative. First reported by the Korea Herald, the Bank of Korea (BOK) intends to run the distribution of its blockchain-based CBDC up to December 2021. дальше »
2020-10-8 19:33 | |
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Worlds Fourth-Largest Bank, MUFG, to Roll Out A Digital Currency for Mobile Payments
Japan’s giant banking institution, Mitsubishi UFJ Financial Group Bank (MUFG) finally announces plans to launch its digital currency after releasing a conflicting report in December 2019. According to local news website, Mainichi, MUFG’s president, Hironori Kamezawa, confirmed the company will launch its own digital currency partnering with Recruit Group, which operates restaurant introduction sites including […] дальше »
2020-7-21 19:10 | |
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Central Bank of South Korea Introduces Pilot Program for Testing Digital Won
Coinspeaker Central Bank of South Korea Introduces Pilot Program for Testing Digital WonDigital won will pass extensive testing by the Bank of Korea staff. Per the official announcement, the program will last until December 2021. дальше »
2020-4-6 14:11 | |
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Reserve Bank of Australia Looks To Deny Cryptos Like Facebook’s Libra Until Regulations Are Met
When it comes to Libra and the viability of central bank digital currencies (CBDCs), the Reserve Bank of Australia (RBA) has announced it has serious doubts. RBA officials said in December last year they don’t believe cryptocurrencies will ever take the place of money issued by governments. дальше »
2020-1-9 20:58 | |
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Bank of Korea Recruits Experts To Analyze The Impact of Digital Currencies
The central bank of South Korea is hiring a group of experts that will be working in order to analyze cryptocurrencies and to expand the bank’s knowledge of virtual currencies. The information was released by the Bank of Korea in a document on December 27. дальше »
2019-12-28 20:09 | |
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Bahamas Central Bank Will Pilot Digital Currency Starting December 27
The Bahamas is planning to pilot a digital version of the Bahamian dollar in the Exuma district starting December 27
дальше »2019-12-27 23:25 | |
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European Central Bank’s CBDC Borrows Bitcoin’s Pseudo-Anonymity
On December 17, the European Central Bank (ECB) published a report that showcased its blockchain technology proof-of-concept. One particular feature the central bank digital chain holds is the ability to issue “anonymity vouchers. дальше »
2019-12-20 06:00 | |
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Bitcoin-Friendly Bank SEBA Expands to Nine More Countries
SEBA Bank AG, a Swiss-based, lender licensed by the nation’s Financial Market Supervisory Authority (FINMA) to offer a range of traditional banking services as well as cryptoassets products to its clients, has now expanded its operations to nine new jurisdictions including Italy, Germany, and Singapore, among others, according to reports on December 12, 2019. дальше »
2019-12-12 13:43 | |
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China’s State-Owned Bank, CCB, Launches A Blockchain-Based Small Business Financing Platform
One of China’s largest financial institutions, China’s Construction Bank (CCB) launched its blockchain based re-factoring platform. The announcement, released on December 10th by local news outlet, Sina Finance App, further points out the bank aims to boost efficiency and reduce risks pinned to the factoring business. дальше »
2019-12-11 17:04 | |
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Nike tokenizing shoes on the blockchain
CoinMarketCap Daily Newsletter Your daily newsletter for 11 December, 2019 “The learning process continues until the day you die.” - Kirk Douglas In today's newsletter, we will be covering: World's 2nd-largest bank CCB launching blockchain refactoring Nike patenting a system for […] The post Nike tokenizing shoes on the blockchain appeared first on CoinMarketCap. дальше »
2019-12-25 15:00 | |
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Lithuania’s Apex Bank taps Blockchain Technology for Digital Coin
Bank of Lithuania (Lietuvos Bankas), the 97-year-old financial institution that functions as the nation’s central bank, has announced plans to roll out a distributed ledger technology (DLT) powered digital collector coin dedicated to the country’s past leaders who fought for its independence, according to a press release, December 9, 2019. дальше »
2019-12-10 16:30 | |
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Bitcoin Usage in Nigeria Surging Despite Govt. Caveats
The Central Bank of Nigeria (CBN) has warned that bitcoin and digital currencies are not legal tenders but Nigerians don’t seem to care. Bitcoin Adoption Rising Despite Apex Bank, Senate Warnings In its December 2019 edition of ‘The Nigerian Banker’, the Chartered Institute of Bankers of Nigeria (CIBN) highlighted how bitcoin is booming in Nigeria, despite the central bank’s anti-crypto stance. дальше »
2019-12-9 22:33 | |
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Trump Will Sign a Trade Deal If the Dow Hits This Crisis Level
By CCN Markets: Most analysts think Donald Trump would rather ink a trade deal with China than let the stock market fall. But the big question is, how far would the Dow Jones and S&P 500 have to collapse before Trump steps in? According to a survey by Bank of America Merrill Lynch, the key level for money managers is the December 2018 stock market low. дальше »
2019-6-19 13:40 | |
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US Regulator Fines and Suspends Former Banker for Mining Bitcoin
By CCN Markets: A former investment banker has been slapped with a fine and a suspension by self-regulatory body Financial Industry Regulatory Authority (FINRA) for mining Bitcoin. According to the regulator, Kyung Soo Kim pursued outside business activity in December 2017 without giving his former employer a written notice. дальше »
2019-6-15 16:11 | |
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FINRA Fines Ex-Merrill Lynch Employee For Mining Crypto
The U. S. Financial Industries Regulatory Authority (FINRA) has fined and suspended a former Merrill Lynch representative for cryptocurrency mining. The undeclared outside business activity is also what lost Kyung Soo Kim his job. дальше »
2019-6-13 11:15 | |
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Venezuela and Russia May Switch to Ruble After Trying ‘Petro’ Cryptocurrency
Venezuela and Russia are in talks to switch over to the ruble for trade after trying the ‘El Petro’ cryptocurrency, a UN ambassador has revealed. Venezuela and Russia ‘Currently Trying’ El Petro As Bitcoinist reported last December, Russian officials were introduced to El Petro but stopped short of confirming that it was going to be used. дальше »
2019-5-18 02:00 | |
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Crypto Hacks Are on Track to Eclipse $1 Billion in Lost Funds This Year
Crypto security and intelligence firm CipherTrace has published its Q1 2019 Cryptocurrency Anti-Money Laundering Report, revealing that exchange platforms all over the world have lost nearly $400 million as a result of hacks and thefts. дальше »
2019-5-3 17:40 | |
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“Holders Are Not at Risk”: Bitfinex Lawyer Responds to NY Attorney General
Bitfinex and Tether’s legal counsel has written a response to the New York Attorney General’s (NYAG) ex parte order, which claims that Bitifinex used Tether’s reserves to cover some $850 million in losses. дальше »
2019-5-1 01:22 | |
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A $50 Billion Banking Giant Launches International Payments with Ripple’s XRP
By CCN. com: At the Financial Sector Conference on April 24, Saudi British Bank (SABB) announced the launch of its Instant Cross-Border Transfer Service, a payments infrastructure based on the Ripple blockchain network that utilizes crypto asset XRP for liquidity. дальше »
2019-4-30 16:02 | |
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Iran’s First Ever Bitcoin ATM Unveiled in Tehran
On April 24, 2019, the first bitcoin ATM in the Islamic Republic of Iran was revealed at the 12th International Exhibition of Exchange, Bank and Insurance in Tehran. дальше »
2019-4-27 21:31 | |
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Forbes Believes the Next Bitcoin Price Rally Will Be The Result of Central Bank Investments
Bitcoin has gone through many difficulties, but the greatest high it has seen so far was back in December 2017. Unfortunately, the decline led the entire market in a downward spiral, though it has steadied since then. дальше »
2019-3-27 01:19 | |
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BMO Warns US Stock Market Could Crash to ‘Ugly’ December Lows
A critical re-test of December lows could place severe pressure on the US stock market. With the Dow already reeling from five straight days of losses, BMO’s chief analyst Russ Visch warns things could get “ugly” for the index and its peers, the S&P 500 and Nasdaq. дальше »
2019-3-9 03:30 | |
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Warning: India is Heading Towards Clueless Bitcoin Regulation, Here’s Why
When the Reserve Bank of India (RBI) warned its citizens about the risks of trading and holding cryptocurrencies in December 2013, it was a reformist move. Cryptocurrencies, or should we say bitcoin, was a new phenomenon back then. дальше »
2019-3-7 13:35 | |
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As Court Reconvenes for QuadrigaCX, Questions Surround Empty Cold Wallets
As QuadrigaCX’s legal counsel descends on the courtroom in Halifax, Nova Scotia, for another round of legal proceedings, the court monitor’s third report on QuadrigaCX’s finances — specifically its revelation that the exchange’s cold wallets are empty — lays out some hopeful avenues for fund recovery — and some frustrating dead ends. дальше »
2019-3-5 20:20 | |
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Decentralized Payment Processor BTCPay Adds New Invoicing Options
Decentralized payment processing service BTCPay Server announced a new service available through their platform on February 22, 2019: a way to request payments by simply sharing a URL, thereby streamlining many of the model’s existing hangups. дальше »
2019-2-27 23:26 | |
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QuadrigaCX and the Million Dollar Questions: What We Do and Don’t Know
QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him. дальше »
2019-2-26 22:21 | |
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Judge Chooses Representative Counsel for QuadrigaCX Creditors
Justice Wood has appointed legal counsel to represent some 115,000 creditors in incipient legal proceedings against seemingly insolvent cryptocurrency exchange QuadrigaCX, documents published today, February 19, 2019, from the Halifax, Nova Scotia court reveal. дальше »
2019-2-20 00:52 | |
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QuadrigaCX CEO Widow Sells Estate Assets, Reportedly Places Others in Trust
Jennifer Robertson, the widow of the late QuadrigaCX exchange CEO, appears to be liquidating and shuffling some estate assets. When QuadrigaCX founder and CEO Gerald Cotten passed away suddenly in December of 2018 in India, he was allegedly the only person with the knowledge of the exchange’s cold storage keys. дальше »
2019-2-15 22:06 | |
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