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One Euro Today is One Euro Tomorrow, Bitcoin Oscillates Says ECB’s Draghi
Mario Draghi, President of the European Central Bank, said bitcoin is volatile, with its value oscillating widely, thus he would not call it a currency. In answering questions by the... The post One Euro Today is One Euro Tomorrow, Bitcoin Oscillates Says ECB’s Draghi appeared first on Trustnodes. дальше »
2018-7-27 15:37 | |
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Yes, Stablecoins Can Secure Official Audits from Major Firms
“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized. дальше »
2018-7-26 18:55 | |
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The World Bank Says 1.7 Billion Adults are ‘Unbanked’, Crypto to the Rescue?
It seems there is a new word floating around in the crypto community – “unbanked” and it is being used to describe those who do not have an account with a financial institution or mobile money provider. дальше »
2018-7-26 09:41 | |
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Double-spend on Bitcoin [BTC] requires “deep pockets”, says Bank of Canada study
A recent study by the Bank of Canada has found that double spending on Proof of Work [PoW] blockchain is an “unrealistic” outcome. This is modeled on the behaviors of an “honest miner” and “dishonest miner”. дальше »
2018-7-25 10:52 | |
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Bank of Canada Study Finds 58% of Canadians Own BTC for Investment Purposes
Canadians are reportedly using Bitcoin mainly for investment purposes, says a report conducted by the Bank of Canada
дальше »2018-7-24 06:02 | |
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UK Central Bank Says New Payments System Will Be Blockchain Friendly
The Bank of England confirmed it is going to update its Real-Time Gross Settlement system to potentially interact with blockchain-based forms. дальше »
2018-7-24 05:00 | |
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Iran’s Blockchain Association President Says US Govt Confiscated 500 BTC
The head of Iran's Blockchain Association, Sepehr Mohammadi, recently claimed that the US government has confiscated over 500 BTC from Iranian citizens traveling into and out of the country. In April, the Central Bank of Iran (CBI) banned banks and financial institutions in the country from dealing with cryptocurrencies. The CBI claimed that “All cryptocurrencies […] дальше »
2018-7-24 00:31 | |
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“Cryptocurrencies are great if you are trying to hide or launder money”, says Federal Reserve Chairman
During a testimony before the House of Federal Service Committee on Wednesday, Jerome Powell, the Chairman of the Federal Reserve, the Central Bank of U. S said that cryptocurrencies are great if you are trying to hide money or launder money. дальше »
2018-7-19 19:52 | |
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Litecoin founder says in the best case recent bank stake could result in crypto services!
Litecoin founder Charlie Lee posted on Reddit today, July 17, to clarify his position within the Litecoin Foundation and the future of the Foundation following its acquisition of a stake in German bank WEG Bank AG. дальше »
2018-7-18 08:09 | |
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Litecoin (LTC) Founder, Charlie Lee, Says No Money Paid In Acquiring Stake In German Bank
Litecoin (LTC) Founder Charlie Lee has initiated an Ask Me Anything (AMA) on Reddit to proffer answers to certain gray areas regarding Litecoin Foundation’s partnership with TokenPay which resulted in the later transferring 9. дальше »
2018-7-17 20:37 | |
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Payments made on Gmos new internet bank will be settled using the blockchain.
Japanese digital services firm GMO Internet has just launched a new web bank that it says will soon use blockchain to facilitate payments. The new entity – dubbed GMO Aozora Net Bank – aims to provide new financial services through the integration of fintech and IT, and will leverage advanced security certificates, blockchain, artificial intelligence and internet дальше »
2018-7-17 20:16 | |
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Cryptocurrencies Pose No Threat to Global Finance but Require Vigilant Monitoring, Says FSB
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. дальше »
2018-7-17 15:00 | |
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Plasma Could Enable CBCCs, Says Ethereum's Buterin – But Scalability Isn’t The Only Hurdle
Vitalik Buterin believes Ethereum’s upcoming plasma implementation could make ERC20 central bank digital currencies viable. We’ll discuss which governments have considered these sovereign tokens and whether Plasma could, in fact, make Ethereum a good fit. дальше »
2018-7-14 01:54 | |
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Plasma Could Enable CBDCs, Says Ethereum's Buterin – But Scalability Isn’t The Only Hurdle
Vitalik Buterin believes Ethereum’s upcoming plasma implementation could make ERC20 central bank digital currencies viable. We’ll discuss which governments have considered these sovereign tokens and whether Plasma could, in fact, make Ethereum a good fit. дальше »
2018-7-14 01:54 | |
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Bank of Finland Report Says Cryptos Are Not Currencies but Accounting Systems
Many of the world’s regulators are racking their brains on how to come up with relevant rules that could curb crypto’s dark uses without hampering the industry’s growth. However, the Bank of Finland released a report that has been described as a scathing attack on these digital currencies. дальше »
2018-7-13 16:04 | |
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‘Cryptocurrencies Would Cause A Crisis In A Recession’ Says This Report
A report, written in Verdict highlights one issue with cryptocurrency that seems to be under-explored. We all envision a world led by crypto, one where we pay for our shopping in Bitcoin and send money to our loved ones in XRP. дальше »
2018-7-13 08:00 | |
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Abra Announces New Credit Card Payment Options for Bitcoin Purchases
Bitcoin payment startup Abra has announced the addition of Visa and Mastercard payment options for buying bitcoin on its platform. The new payment option is in partnership with fintech company Simplex, per the company’s blog post. дальше »
2018-7-13 00:38 | |
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Litecoin (LTC) Foundation Has Problem Opening A Bank Account Says Charlie Lee
Litecoin founder, Charlie Lee, has disclosed that its foundation which oversees all affairs related to the cryptocoin was having trouble getting a bank account, resulting in the firm buying a stake in a Germany-based WEG Bank. дальше »
2018-7-13 23:40 | |
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The Federal Bank of Finland says ‘a fall in digital currency’
On the other hand, it may be reflecting how the world wide web and social media have muddled our sense of fact and fiction. The BoF follows hot on the heels of preliminary remarks by a working group set up by France to examine digital currency regulation. As for Bitcoin’s future, Grym decides that adoption дальше »
2018-7-12 09:21 | |
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‘Digital Currency Is Basically A Fallacy’ Says Finland Central Bank
The Bank of Finland (BoF) has released a 133-page paper arguing the concept of digital currency is an “illusion. ” BoF: ‘Fundamental Nature’ Of Digital Currency ‘Elusive’ The document, compiled by the Finnish central bank’s head of digitalization Aleksi Grym, claims the world has become “muddled” about the difference between money and technology and argues that digital currency is in fact “basically a fallacy. дальше »
2018-7-12 05:00 | |
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Ethereum’s Joe Lubin, says ‘were moving towards a world of decentralized Governance’.
Leading crypto industry figures weighed in on the major implications of cryptocurrencies for – and beyond – the global economy, at the Rise conference in Hong Kong Wednesday, July 11. The panel’s participants were the Ethereum Foundation’s co-founder Joseph Lubin, CEO of crypto merchant bank Galaxy Digital Mike Novgoratz, Crypto.com CEO Kris Marszalek, Tenx’s Julian дальше »
2018-7-12 21:36 | |
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Government Investigator Says ‘Darwinian’ Selection Led to Dominant Cryptocurrencies
The Deputy Governor of the Bank of France, Jean-Pierre Landau, also named “Mister Bitcoin” by the French government, submitted a report to Bruno Lemaire, the French Minister of Finance and Economy. дальше »
2018-7-10 16:15 | |
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Government Investigator Says “Darwinian” Selection Led to Dominant Cryptocurrencies
The Deputy Governor of the Bank of France, Jean-Pierre Landau, also named “Mister Bitcoin” by the French government, submitted a report to Bruno Lemaire, the French Minister of Finance and Economy. дальше »
2018-7-10 16:15 | |
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Chinese Yuan Now Accounts for Less Than 1% of Bitcoin Trades, Says PBoC Report
Report: China’s central bank says the yuan now accounts for less than 1% of global Bitcoin trades, down from over 90% prior to the country’s crypto
дальше »2018-7-9 21:20 | |
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Coinbase CTO Says Bitcoin Creates Easier Way To Not Use USD System For Investors
CTO of CoinBase, Balaji S. Srinivasan, and co-founder of Counsyl, as well as Teleport, Earn and CoinCenter released a tweet on his response to the Bank of International Settlements’ extreme warnings on cryptocurrency trading, even stating that digital commerce will bring the internet crashing to a halt. He responded to the group’s tweet warning, saying, […] дальше »
2018-7-9 11:03 | |
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Germany's Finance Ministry: State-Issued Digital Currency Has ‘Not Well Understood’ Risks
Germany’s Ministry of Finance says issuing a central bank digital currency contains "a number of risks that are not well understood"
дальше »2018-7-7 01:46 | |
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Swiss Stock Exchange Operator Plans to Launch Crypto Exchange
SIX, the firm that operates and owns the Swiss stock exchange, has announced plans to launch a fully regulated digital cryptocurrency exchange. The firm says it plans to launch "the first market infrastructure in the world” which will “offer a fully integrated end-to-end trading" while providing a safe environment where digital assets can be issued and existing securities and non-bankable assets can be tokenized. дальше »
2018-7-7 23:11 | |
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Banker in Charge of the Institution That Aided Nazis Says Trust Us
As war was about to engulf the globe, 23 tons of gold held by the “secret bank that rules the world,” as a respected book calls it, were on the move... The post Banker in Charge of the Institution That Aided Nazis Says Trust Us appeared first on Trustnodes. дальше »
2018-7-6 15:09 | |
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BIS Chief Bashes Cryptocurrency Again in Scathing Review of Its ‘Failure’ as Money
Bitcoin and cryptocurrency have come in for more bad press from banks as the head of the Bank for International Settlements says they “fail” as money
дальше »2018-7-5 14:35 | |
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WazirX CEO Says “All Eyes on July 20 Now” After RBI Cryptocurrency Ban Supreme Court Decision
All eyes were on the Supreme Court of India as it judged the awaited hearing of Internet and Mobile Association of India (IMAI) vs Reserve Bank of India (RBI) on the decision about the decision that the RBI took to forbidden banks on providing services for cryptocurrency traders. According to the decision of the Supreme […] дальше »
2018-7-4 11:12 | |
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Court Says India’s Crypto Trade Bank Account Boycott Will Continue
India’s highest court has declined to end a ban enacted by the national central bank that bars the country’s crypto exchanges from doing business with regulated financial firms. Bloomberg reported Tuesday that the Indian Supreme Court, led by Chief Justice Dipak Misra, said that the Reserve Bank of India’s (RBI) prohibition on providing services to crypto-related дальше »
2018-7-3 21:52 | |
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Unocoin’s official statement days before court hearing – India at the verge of make it or break it?
India’s leading exchange platform, Unocoin has released an official statement on its ‘Stance on RBI notice’. The exchange platform says that their banking relationships might be distorted on or before 5th July 2018 due to Reserve Bank of India [RBI]’s notification related to virtual currencies. дальше »
2018-7-1 15:49 | |
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Chairman of Major Japanese Bank Says Ripple Can be the Global Standard of Money
At the Japan Blockchain Conference held on June 27, the biggest cryptocurrency and blockchain conference in Japan, Yoshitaka Kitao, the chairman of SBI Holdings and CEO of SBI Group, expressed his optimism towards the long-term growth of the Ripple blockchain network. дальше »
2018-6-30 13:47 | |
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