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France Won’t Launch Cryptocurrency Anytime Soon: PwC Blockchain Exec
France’s central bank won’t issue its own digital currency anytime soon because doing so would be a complex undertaking that could hurt the country’s flailing economy. That’s the assessment of Pauline Adam Kalfon, a blockchain and cryptocurrency partner at PwC France. дальше »
2019-3-24 16:15 | |
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How to book train tickets in India straight from the Google Pay app
Google Pay (earlier named Tez) has recently rolled out the ability to book train tickets in India straight from the app – both on iOS and Android. The money will be deducted directly from your bank account, so you won’t need any additional apps for train booking. дальше »
2019-3-19 11:37 | |
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Japan’s Biggest Bank Won a $500 Million Bond Deal, Only to Lose $15 Million
The securities unit of Mitsubishi UFJ Financial Group (MUFG), one of Japan’s largest banks, purchased $500 million in bonds only to fumble up in the red. A move against its competitor Credit Suisse Group AG, the company fought hard to garner what they thought would yield solid profits in 2027, only to receive a mediocre response from investors and $15 million in losses on the table. дальше »
2019-3-9 13:00 | |
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Judge Delays Decision to Appoint Legal Counsel for QuadrigaCX Creditors
A group of lawyers from some of Canada’s top law firms convened in a court in Halifax, Nova Scotia, today to secure the right to represent creditors in the ongoing QuadrigaCX litigation. дальше »
2019-2-15 01:45 | |
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Court Rules Brazil’s Bitcoin Max Exchange Can Keep Bank Account
Brazilian cryptocurrency exchange Bitcoin Max has won in court the right to keep its checking account with Banco Santander. According to the presiding judge, the bank has not met its obligation to notify the crypto company of the closure in advance. дальше »
2019-2-14 23:10 | |
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New York Fed: Cryptocurrency Won’t Challenge Dollar in Near Or Mid-Term
Cryptocurrencies are “unlikely” to become an international monetary phenomenon in the coming years, the Federal Reserve Bank of New York has claimed. ‘Unlikely To Meet Criteria’ In a research piece on US dollar supremacy published February 11, the NY Fed argued that despite the appearance of cryptocurrency in mainstream society, only its long-term perspectives could include significant usage. дальше »
2019-2-13 18:00 | |
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Bitcoin Max Exchange Wins Legal Battle Against Santander Bank in Brazil to Keep Its Accounts Open
A Brazilian crypto exchange has won a major battle for its survival recently. Bitcoin Max has been battling the Santander Bank in court in order to keep its accounts open and it looks like the exchange scored a major victory for the sector now. дальше »
2019-2-13 02:32 | |
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Santander Bank Ordered to Keep Brazilian Bitcoin Exchange Account Open
Brazilian cryptocurrency exchange Bitcoin Max finally won its battle to keep its Santander checking account open. The Battle with the Banks Is An Ongoing Saga Working with banks hasn’t been easy for cryptocurrency exchanges and blockchain startups in most parts of the world. дальше »
2019-2-12 22:00 | |
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S. Korea's Central Bank Says It Won’t Issue a Digital Currency in Near Future
South Korea's central bank says there’s no urgent need to issue a central bank digital currency in the near term, but plans to conduct more research
дальше »2019-1-30 15:06 | |
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Venezuelan President Gets Rekt’d as Bank of England Won’t Return its Gold Worth $1.2 Billion
Venezuela is going through an economic crisis and hyperinflation and now country’s President Nicolas Maduro, in his efforts to hold onto his plunging cash pile has been trying to pull the $1. 2 billion worth of gold out of the Bank of England. дальше »
2019-1-26 21:45 | |
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Why Bitcoin Won’t Fail the “Tests of Financial Services” Forever
In an interview at the World Economic Forum in Davos earlier, the senior adviser to the governor of the Bank of England weighed in about the threat posed to the current financial status quo by Bitcoin and other cryptocurrencies. дальше »
2019-1-23 00:00 | |
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BIS: Proof Of Work Bitcoin (BTC) Won’t Replace Wall Street
Proof of Work-Enabled Bitcoin Unlikely To Succeed On Monday, the Basel, Switzerland-based Bank of International Settlements (BIS) — the so-called central bank of central banks — released a paper titled “Beyond the doomsday economics of “proof-of-work” in cryptocurrencies. дальше »
2019-1-22 06:00 | |
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New Bank for International Settlement (BIS) Research: Bitcoin and Proof of Work Won’t Survive Together
Bitcoin (BTC) has been facing a lot of problems that they soon will need to take action against to keep moving. The digital asset already has a limited supply, as determined when it was originally created. дальше »
2019-1-22 22:09 | |
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Morgan Stanley Believes Bitcoin Will Last The Long Haul, Coinbase Exec Says
Since Nakamoto launched Bitcoin a decade ago, the legacy financial system has fought it tooth and nail. Wells Fargo banned Bitcoin purchases from its credit cards mid last year. Indian and Pakistani banks are forcing their clients to declare they won’t buy Bitcoin before they open an account. дальше »
2019-1-21 17:38 | |
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Scammers Could Overwrite Cryptocurrency Payments, but It Won’t Be Cheap
From a merchant’s point of view, cryptocurrency is a better payment option compared to a check. When accepting check payments, there is always the risk that the check might be unfunded and subsequently returned since the merchant can’t verify the customer’s checking account balance beforehand as the database is being run by the bank and […] Scammers Could Overwrite Cryptocurrency Payments, but It Won’t Be Cheap was originally found on Cryptocurrency News | Blockchain News | Bitcoin News | blokt.com. дальше »
2019-1-18 14:59 | |
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Living on Bitcoin Day 3: Brother, Can You Take a Sat?
This is the third instalment of reporter Colin Harper's "Living on Bitcoin" experience in San Francisco. Find out what happened to him earlier on Day 1 and on Day 2. дальше »
2019-1-18 00:05 | |
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Canada’s First All-Crypto Legal Firm Opens Its Doors to Global Clientele
Technology lawyer Addison Cameron-Huff launched his new, Toronto-based, all-crypto legal firm on January 3, 2019, Bitcoin’s 10th anniversary, as a statement of his commitment to working for and promoting Bitcoin and cryptocurrency-based businesses. дальше »
2019-1-11 21:17 | |
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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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South Korea: Shinhan Bank Turns to Blockchain Technology to Augment Financial Services
South Korea’s second largest bank has started a pilot project to implement a blockchain-based work process across a range of financial services and internal protocol management systems, reported Korea Times on December 10, 2018. дальше »
2018-12-11 04:00 | |
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Wyoming Passes Bill to Secure Banking Relations for Blockchain Companies
The state of Wyoming has passed a blockchain bill that allows banks to provide banking services to blockchain companies in the state. According to the legislative document, the new bill would create a new banking category called the Special Purpose Depository Bank, a group of financial institutions in the state that provide banking services to blockchain-based businesses. дальше »
2018-12-3 19:48 | |
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Goldman Sachs Won’t Hold Customer’s Crypto Assets Yet’
The biggest name on Wall Street Goldman Sachs isn’t keen on holding its customers’ cryptographic assets yet. Justin Schmidt, the head of digital assets markets at Goldman Sachs said that the bank isn’t any closer to holding the users’ crypto assets for them as they do not want to stray too far off from the regulatory lines. дальше »
2018-11-28 17:59 | |
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IBM Survey: No Major Central Bank Will Implement CBDCs in the Near-Term
A report on central bank digital currencies has found that 61% of institutions don’t think a blockchain is necessary due to low efficiency gains during trials. IBM Survey Finds That Central Banks Won’t Be Introducing CBDCs in Near-Term The report was conducted by IBM and the Official Monetary and Financial Institutions Forum (OMFIF). дальше »
2018-10-28 21:00 | |
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India’s largest Bitcoin exchange moves to Malta to escape regulation
Zebpay, once India’s largest cryptocurrency exchange, is moving operations to Malta after having shut shop on its home turf last month. The exchange, which currently supports 20 cryptocurrencies, will serve users in 20 countries across Europe: Malta Belgium Bulgaria Croatia Cyprus Czech Republic Denmark Finland France Germany Greece Hungary Ireland Italy Latvia Netherlands Poland Portugal Slovenia Sweden Unfortunately, the exchange won’t be accessible to users in India. дальше »
2018-10-18 12:42 | |
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Adhara Blockchain Startup Secures $15 Million to Bring DLT Privacy to Central Banks
Adhara Gets $15 Million Funding to Bring Blockchain Privacy to Central Banks Adhara, a blockchain startup has won $15 Million Funding from Consensys, the ethereum design studio to bring blockchain privacy to Central Banks. дальше »
2018-10-16 00:40 | |
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Sberbank Partners With Energy Company to Use Blockchain Technology
Several European and Asian countries have adopted an accommodative approach to blockchain companies, letting them thrive and even collaborating with them. The Russians won’t stay behind in this technological race, as is evident by its push for legislation and regulation. дальше »
2018-10-9 20:19 | |
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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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Japan Bank Consortium launches its Ripple-powered payment app
Japan has finally given the green light to the Japan Bank Consortium to launch its Ripple-powered payments app for Android and iOS. The news comes straight from Ripple themselves. “The Japan Bank Consortium launched MoneyTap today, a Ripple-powered payments app to offer real time settlement for domestic payments in Japan,” the company wrote on Twitter. дальше »
2018-10-4 13:23 | |
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In Search of Stability: An Overview of the Budding Stablecoin Ecosystem
Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply. дальше »
2018-10-3 19:05 | |
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Crypto News Weekly 28.09.18: Bitmain Losses, Korean Exchange Bribe, Ex-UBS Bankers Launch Crypto Bank
Ex-UBS bankers raise $100M for crypto project, Korean Exchange CEO accused of 1 billion won bribe, Bitmain IPO application brings recent losses to light and Walmart pushes suppliers onto the blockchain. дальше »
2018-9-28 19:17 | |
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Mario Draghi: European Central Bank Won’t Issue a CBDC Soon, But It’s “Carefully Analysing” The Possibility
The European Central Bank is not yet ready to issue its own cryptocurrency, but it does not deny the importance of knowing the potential of this type of technology. That is what Mario Draghi, its president, expressed in a letter addressed to the European Parliament this Wednesday, September 12. дальше »
2018-9-15 05:30 | |
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Europe’s central bank wants nothing to do with cryptocurrency (for now)
Europe’s central bank (ECB) won’t be touching cryptocurrency any time soon. Its president Mario Draghi shot down hopes of an EU-sanctioned digital currency, criticising blockchain tech for being too young and fragile to be useful. дальше »
2018-9-15 17:34 | |
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Berkeley Professor Questions Stablecoin Viability in Unflattering Op-Ed
University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account. дальше »
2018-9-13 18:07 | |
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EY Team Wins European Investment Bank’s 48 Hour Blockchain Hackathon
EY Team Wins European Investment Bank Blockchain Hackathon As per Finextra, programmers from EY won the top prize for the recently concluded blockchain hackathon conducted by the European Investment Bank (EIB). дальше »
2018-8-15 20:33 | |
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Winners Emerge in the European Investment Bank (EIB) Blockchain Hackathon
According to a Finextra report on August 13, 2018, a team of programmers from EY have won the distributed ledger technology (DLT) hackathon organized by the European Investment Bank (EIB) aimed at formulating fail-proof methods to redesign the transaction processing of commercial paper with blockchain technology. дальше »
2018-8-14 18:00 | |
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Dutch Central Bank Against Crypto, But Won’t Move To Regulate
De Nederlandsche Bank (DNB) the central bank of The Netherlands have recently spoken out against cryptocurrencies, denying to recognise crypto as a real form of currency. According to Dutch News, Petra Hielkema, the Divisional Director at DNB has said in a report: “If something wants to be treated as money, you have to be able to spend, save and calculate with it. дальше »
2018-8-3 13:00 | |
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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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Ukraine’s Financial Stability Council Advances Cryptocurrency Legalization
The Ukraine is taking massive leaps to legalize cryptocurrency. There’s a new regulatory concept that recognizes tokens as financial instruments (as well as coins). The new concept won the support of high-up members in the Financial Stability Council of the country. дальше »
2018-7-21 12:32 | |
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Ukraine’s Financial Stability Council Supports Crypto Regulatory Concept
Ukraine has taken a positive step towards legalizing cryptocurrencies. A new regulatory concept, one that recognizes coins and tokens as financial instruments, has won support from the members of the country’s Financial Stability Council. дальше »
2018-7-21 02:10 | |
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South Korean Central Banks Own Nearly $2 Billion Worth In Crypto Assets Portfolio
It seems that the adaption for banks to be more accepting of cryptocurrency has taken their regulations a step further, joining in on these investments themselves. The central bank of South Korea has recently found success, reporting that local commercial banks had won $1. дальше »
2018-7-9 10:44 | |
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Why India and China won't lift their crypto bans anytime soon
The highest court in India this week upheld the reserve bank's decree prohibiting the country's banks and other regulated lenders from dealing with or supporting any cryptocurrency-related services, including allowing customers to buy crypto with credit cards. дальше »
2018-7-8 04:00 | |
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Why India and China won't lift their crypto bans
The highest court in India this week upheld the reserve bank's decree prohibiting the country's banks and other regulated lenders from dealing with or supporting any cryptocurrency-related services, including allowing customers to buy crypto with credit cards. дальше »
2018-7-6 19:33 | |
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Reserve Bank Of India Anti Crypto Ruling Comes Into Play, Today
After months of court appearances, online petitions and wide debate, the (RBI) Reserve Bank of India’s anti-crypto ruling comes into play today (5th July 2018), meaning that from now on, the face of the cryptocurrency landscape in India is about to change significantly. дальше »
2018-7-5 15:30 | |
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