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Facebook’s Libra ‘Too dangerous’ to Operate Without Rules, Warns ECB Official
Facebook’s motto has been to move fast and break things. That battle cry is about to be tested as regulators across the world are being urged to act even faster and prevent the tech firm from developing its Libra cryptocurrency in a ‘regulatory void’. дальше »
2019-7-9 11:17 | |
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European Central Bank Executive Calls For Speedy Regulations to Govern Facebook’s Libra
European Central Bank Executive Board member Benoit Coeure has said that financial regulators across the world must move fast in preparation for the planned Libra’s entry into the financial system, Bloomberg reports. дальше »
2019-7-8 17:32 | |
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ECB Executive Says Libra Crypto Is a Wakeup Call to Regulators
An Executive Board Member of the European Central Bank (ECB), the financial institution responsible for administering monetary policies within the Eurozone, has opined that financial watchdogs across the globe must now fast track the process of regulating bitcoin (BTC) and other blockchain-based digital assets, as more and more institutions like Facebook join the bandwagon, reportsRead MoreRead More. дальше »
2019-7-8 13:35 | |
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ECB Policymaker Looks to Hasten Crypto Rules amid Facebook’s Libra
In light of Facebook’s upcoming Libra coin, European Central Bank (ECB) Executive Board Member Benoit Coeure is reportedly urging financial regulators to create a viable framework for crypto projects. дальше »
2019-7-8 18:10 | |
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Swiss National Bank Member A-OK With Facebook And Libra
Speaking at the Crypto Valley Conference in Zug, Switzerland, Thomas Moser, an alternate member of the governing board at the Swiss National Bank, said Facebook's Libra project has yet to sound any alarms for the Swiss National Bank and that the country's regulators are "pretty relaxed" about it. дальше »
2019-6-25 19:13 | |
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Economist Stephen Moore joins project touted to be ‘world’s first decentralized crypto central bank’
Stephen Moore, former member of the Wall Street Journal editorial board and popular economist, recently attempted to join the Federal Reserve. Alas, he was denied the opportunity. Now, the economist is back in the news again. дальше »
2019-6-25 09:00 | |
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G20 Starts Crypto Discussions – A Look at Global Standards
Finance ministers and central bank governors from the G20 countries have gathered this weekend for a two-day meeting ahead of the G20 summit, and cryptocurrency is among the topics of discussion. Global standard-setting bodies have submitted their policies and provided tools to help the member countries with the regulation of crypto assets in their own […] The post G20 Starts Crypto Discussions – A Look at Global Standards appeared first on Bitcoin News. дальше »
2019-6-9 04:05 | |
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European Central Bank Executive Backs Central Bank Digital Currencies
In his speech published May 27, 2019, Vitas Vasiliauskas, a Governing Council member of the European Central Bank, highlighted the benefits of a central bank digital currencies (CBDC). The Council member referred to some of the major drawbacks that hinder its implementation. дальше »
2019-5-29 12:50 | |
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G20 Countries Start Implementing Unified Crypto Standards
As the G20 summit approaches, member countries have been discussing how to implement the standards set by intergovernmental organizations such as the Financial Action Task Force. While there may be some challenges in complying with the standards, the European Central Bank says the risks crypto assets pose to the euro area’s financial stability are manageable. дальше »
2019-5-29 04:55 | |
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European Central Bank (ECB) Executive On Central Bank Digital Currencies (CBDCs): They Have Uses
European Central Bank Official Affirms That CBDCs Have Several Uses An official from the European Central Bank called Vitas Vasiliauskas has recently talked about Central Bank Digital Currencies (CBDCs). дальше »
2019-5-29 00:23 | |
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China Bitcoin Ban: Lawyer Says Occasional BTC P2P Exchange Is Legal
A member of the Bank of China Law Research Association says sporadic bitcoin (BTC) trading isn’t illegal in the country despite the trading ban enacted in 2017. This new revelation by cnLedger, a cryptocurrency news source that focuses on China, begs the question of what Chinese law enforcement and regulators would deem “occasional BTC trading. дальше »
2019-5-23 12:00 | |
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Owning Bitcoin is (and has been) legal in China
In a recent report, the Beijing News analyzed a case which involved more than 100 people who were scammed out of 7,000 BTC. Wei Xiao, a council member at the Bank of China Law Research Association, stated that owning bitcoin in China is legal. дальше »
2019-5-23 23:45 | |
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Bitcoin [BTC] ownership, trading should be legal in China, says Bank of China Council member
Bitcoin [BTC] received a major boost after Sa Xiao, Council Member at the Bank of China’s Law Research Association, said that it should be legal for people in China to own Bitcoin [BTC], despite the government’s ban on crypto transactions and assets. дальше »
2019-5-22 17:30 | |
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Bank of China Council Member: Owning Bitcoin Is Still Legal in China
Sa Xiao, Council Member at the Bank of China Law Research Association, was reported as saying that holding Bitcoin in China is still legal. Xiao added that in addition to that, trading Bitcoin amongst individuals remains legal in the country. дальше »
2019-5-22 14:29 | |
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China Unbans Bitcoin? ‘Occasional’ P2P Exchange is Legal, Says Lawyer
“Sporadic” P2P Bitcoin trading is likely legal in China, a senior lawyer told the national press in unusually optimistic comments this week. Keep Bitcoin Exchange ‘Occasional’ in China Speaking to BJ News, Sa Xiao, Council Member at the Bank of China Law Research Association, argued that China’s current regulation of virtual property includes the right to trade it as the owner sees fit. дальше »
2019-5-22 12:00 | |
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Owning Bitcoin Legal Despite Govt Trading Ban, Says Bank of China Council
By CCN: According to Sa Xiao, a Council Member at the Bank of China’s Law Research Association, it is legal for individuals to own bitcoin in China despite the government’s blanket ban on trading. дальше »
2019-5-22 10:31 | |
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An Embarrassing Typo on 400 Million $50 Australian Currency Notes Went Unnoticed for Six Months
By CCN: The Reserve Bank of Australia (RBA) made a serious spelling mistake that was printed on approximately 400 million $50 currency notes, of which 46 million are in circulation, adding up to roughly $1. дальше »
2019-5-13 09:30 | |
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Cryptocurrencies Will Never Replace Us, Cries Romanian Central Bank Official
By CCN. com: Central bankers occasionally lose their guard and reveal that they are constantly worrying they will be rendered irrelevant by cryptocurrencies. The latest proof comes from the National Bank of Romania courtesy of the central bank’s administration council member, Daniel Daianu. дальше »
2019-4-17 12:48 | |
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Ripple’s blockchain will solve issues related to nested transactions, says top CIMB Bank official
Ripple and XRP have been making strides in the cryptocurrency sphere with their many partnerships and collaborations in the cross-border payments sector. Ripple’s xCurrent-powered Money Tap faced a setback when one of the member banks announced that they would cease collaboration with the service from May 13, 2019. дальше »
2019-4-12 20:00 | |
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Ripple, Not XRP: Spanish Banking Giant Santander Clarifies Crypto ‘Confusion’
Santander Bank wrongly gave Ripple fans hope when a member of its support team tweeted the following on Friday: Hey Wes, we're doing great. We're using XRP for international payments to 18 EU countries and the USA. дальше »
2019-3-26 11:45 | |
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Fintech Firm Launches Blockchain CBDC Pilot with Eastern Caribbean Central Bank
Bitt, a portfolio company of Medici Ventures, the leading blockchain accelerator and subsidiary of Overstock, has joined forces with the Eastern Caribbean Central Bank (ECCB) to conduct a distributed ledger technology (DLT) based Central Bank Digital Currency (CBDC) pilot across member countries in the Eastern Caribbean Currency Union (ECCU), according to a press release onRead MoreRead More. дальше »
2019-3-8 17:00 | |
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The First Crypto Physical Backed ETF Will Not Be BTC, but Aidos Kuneen (ADK)
Aidos Kuneen (ADK) is founded by Ricardo Badoer, a man who owns shares in banks and is a member of the Bank Board in Kenya Sumac Microfinance and Hakika Microfinance from Tanzania. Besides investing in the banking sector, he owns two soccer clubs, the Spanish CD Ursaria, and Kenya FC Wazito, and through his company, […] The post The First Crypto Physical Backed ETF Will Not Be BTC, but Aidos Kuneen (ADK) appeared first on NullTX. дальше »
2019-2-27 23:00 | |
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Russia to Regulate Crypto While Launching its Own Oil-Backed Cryptocurrency
Russia’s State Duma is planning to pass a resolution on a pending cryptocurrency regulation bill, reported a local source. Oleg Nikolayev, a member of the State Duma Committee on Economic Policy, said that the Russian assembly house had led cryptocurrency regulations to its final stages. дальше »
2019-2-24 17:04 | |
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In Hopes Of Establishing Regulatory Clarity In EU, Ripple Turns To Parliament Member
Ripple has been the subject of discussion for the E.U. as they have been working to create legislation that would properly regulate the cryptocurrency industry. This cross-border trading platform is working to build up their case, recently asking Eva Kaili to support their endeavor with the European Commission and the European Central Bank (ECB). Kaili […] дальше »
2019-2-10 20:15 | |
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French Economist, Former Central Bank Governor Links Up with SETL Blockchain Startup
The former governor of the Banque de France (Central Bank of France), Christian Noyer, has surprised some of his most traditional colleagues by becoming a member of the board of directors of a company called SETL< which is a blockchain startup. дальше »
2019-1-19 01:50 | |
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European Central Bank Policy Maker Calls Crypto ‘a Fairy-Tale Story’
A member of the European Central Bank’s decision-making body has stated that cryptocurrencies will end up a “complete load of nonsense”
дальше »2019-1-8 05:20 | |
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Big Bankers Say Cryptocurrencies Do Not Pose a Threat to Global Financial Stability
The Financial Stability Board, a global inter-governmental body with over 20 member countries, has ruled that virtual currencies are not a threat to the world economy. The assessment could have an impact on India, whose central bank is part of the board. дальше »
2019-1-5 11:38 | |
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Mike Novogratz Adamant That Bitcoin (BTC) Won’t Fall To $0
Bitcoin fanatic and blockchain enthusiast Mike Novogratz, a former Wall Street hotshot, recently doubled-down on his pro-crypto sentiment, even while this infant market continues to fall victim to shortcomings. дальше »
2018-12-12 07:30 | |
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This Year's G20 Put an Emphasis on Cryptocurrency Regulation
Global leaders walked away from the latest G20 Summit with a rough game plan for crypto regulation. This year’s G20 Summit took place in Buenos Aires, Argentina, from November 30 to December 1. дальше »
2018-12-4 23:44 | |
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Op Ed: From Gray To Black and White: Traditional Regulations Come to Crypto
For nearly a decade, participants in the blockchain and cryptocurrency space have operated in a regulatory compliance gray zone. Recent developments — at both the federal and international levels — signal that the time for plausible deniability or unregulated freedom is coming to an end and more traditional regulations are moving to the forefront. дальше »
2018-12-3 19:20 | |
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Op Ed: SEC’s Latest Declaration Creates Legal Minefield for Digital Assets
On November 16, 2018, the U. S. Securities and Exchange Commission (SEC) issued a public statement clarifying its intent to regulate activities involving the issuance and trading of digital assets. дальше »
2018-11-21 01:44 | |
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European Central Bank Executive Dubs Crypto “Evil Spawn” of Financial Crisis
An executive board member of the European Central Bank (ECB), Benoit Coeure, dealt a verbal blow to bitcoin and the infant cryptocurrency industry when he termed the digital currency “a combination of a bubble, a Ponzi scheme, and an environmental disaster,” per a report by Bloomberg, published November 15, 2018. дальше »
2018-11-19 09:00 | |
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ECB Official Decries Bitcoin as ‘Evil Spawn’ of Financial Crisis, Ripple Consolidates Lawsuits
In recent regulatory news, an executive board member of the European Central Bank (ECB) has given a dismissive appraisal of bitcoin and rejected the prospect of central banks issuing state-backed digital currencies in the foreseeable future. дальше »
2018-11-16 19:10 | |
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R3 Member Nordea Bank CEO Eulogizes Ripple, XRP and R3 Consortium
The credence which Ripple blockchain technology is garnering in the fintech industry seems not to be signaling any form of deceleration, as the firm got eulogized by the CEO of Nordea Bank, Casper von Koskull. дальше »
2018-10-27 01:40 | |
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With the CBAC, East Meets West in Search of Adoption and Innovation
The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves. дальше »
2018-10-10 23:38 | |
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PwC and Cred Partner to Develop Cryptocurrency Trading Technology
Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology. дальше »
2018-10-8 21:30 | |
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PwC and Cred Partner to Promote Cryptocurrency Trading Technology
Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology. дальше »
2018-10-10 21:30 | |
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RippleNet’s ‘Multi-Hop’ Feature to Ease Cross-Border Transactions in S. East Asia
In traditional banking, for there to be a cross-border payment, two banks had to be directly connected on a one-on-one basis. The situation in the Association of South Eastern Asian Nations (ASEAN) was exactly this way up until the Siam Commercial Bank (SCM) – a member of RippleNet – became the first financial institution in […] The post RippleNet’s ‘Multi-Hop’ Feature to Ease Cross-Border Transactions in S. East Asia appeared first on Ethereum World News. дальше »
2018-9-29 10:51 | |
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Overstock.com CEO Acquires Stake in Blockchain Land Registry Startup
Overstock. com CEO Patrick Byrne has acquired a stake in blockchain startup, Medici Land Governance (MLG). Byrne purchased a 43 percent stake in the blockchain land registry in a private transaction. дальше »
2018-9-27 20:37 | |
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The Daily: UK’s Revolut Seeks EU Licenses, Quppy Launches Wallet With BCH
British-based digital bank Revolut has applied for financial licenses in two European Union member states, Lithuania and Luxemburg, in the light of risks associated with Brexit. We’ve covered its progress in The Daily. дальше »
2018-9-26 16:45 | |
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