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Reserve Bank of India Fears P2P Cryptocurrency Trading Could Harm the Economy
Cryptocurrencies could affect the transmission of India’s monetary policy if some trading migrates from the traditional exchange-based route to the peer-to-peer (P2P) mode, says the Reserve Bank of India (RBI) in its annual report published Wednesday, Aug. дальше »
2018-8-31 11:04 | |
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Reserve Bank of India Anticipates Shift to P2P Crypto Trading
India’s central bank has released its latest annual report which includes a section dedicated to cryptocurrency. The Reserve Bank of India outlines the risks posed by crypto and emphasizes the need to monitor crypto development in anticipation that some trading may shift from exchanges to peer-to-peer (P2P) mode. дальше »
2018-8-30 10:55 | |
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Iran’s Indigenous Cryptocurrency Is Designed To Beat Trump’s Sanctions
In response to a number of economic sanctions imposed on Iran by the United States, the country had announced that it would be considering the production of a native cryptocurrency, designed to help Iranian banks avoid the sanctions imposed by the Trump administration. дальше »
2018-8-30 23:00 | |
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India’s Central Bank Secretly Forms a New Unit to Focus on Blockchain, AI and Cryptocurrencies
After stifling growth and innovation within the homegrown digital asset market with draconian regulations, the Reserve Bank of India (RBI) has reportedly embarked on a mission to tap into blockchain, cryptocurrencies and artificial intelligence (AI). дальше »
2018-8-29 17:33 | |
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Iranian State-Backed Crypto Draft Ready, Awaits Central Bank’s Nod
No other jurisdiction has changed its stance on cryptocurrencies as quickly as Iran. From being excessively tough on digital coins and ordering banks not to deal with crypto related businesses in April, to creating the final drafts of its state-backed digital currency, the country has come a long way in the crypto world in a […] Iranian State-Backed Crypto Draft Ready, Awaits Central Bank’s Nod was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-8-29 14:20 | |
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Canada Delays Regulation of Cryptocurrencies and Blockchain Companies
The Canadian government has postponed the release of its final regulations for cryptocurrency and blockchain companies. The final published regulations were due this fall, but the government now says they won’t be published in the Canada Gazette until late 2019. дальше »
2018-8-28 20:18 | |
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Indian Exchange Resumes Fiat Deposits and Withdrawals Using New Method
An Indian cryptocurrency exchange has come up with a new method to allow its users to deposit and withdraw rupees despite the crypto banking ban by the country’s central bank. The exchange also guarantees that rupee requests will be processed within 30 minutes or the user will receive ten free XRP credited to their account. дальше »
2018-8-28 13:56 | |
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The Pros and Cons of a Central Bank Digital Currency
When bitcoin was launched in 2009, the idea was to enable individuals to be their bank by allowing them to store, send and receive digital cash without the need for a financial intermediary. Since the early days of bitcoin, much has changed in the world of cryptocurrencies. дальше »
2018-8-28 13:00 | |
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China Shuns Cryptocurrency Once Again: Warns Investors About Promises of “High Returns and Low Risk”
In the midst of a countrywide clampdown on cryptocurrency, the central bank of China, together with other government agencies, issued a warning on recent criminal activities to alert the public against fake claims. дальше »
2018-8-28 23:00 | |
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Iran Expected to Lift Cryptocurrency Ban in September
The deputy for innovative technologies at the Central Bank of Iran, Nasser Hakimi, has stated that Iran’s financial regulator will be reviewing the country’s blanket cryptocurrency ban. The central bank official also indicated that the country’s regulatory apparatus pertaining to virtual currencies is expected to be finalized by the end of September. дальше »
2018-8-28 21:15 | |
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Reserve Bank of India Forms Unit on Cryptocurrencies, Blockchain, AI
The central bank of India has reportedly formed a special unit tasked to track emerging technologies such as those related to cryptocurrencies. Its members will be expected to research, draft rules, and, in the future, supervise the development of digital assets, blockchain and artificial intelligence applications. дальше »
2018-8-28 19:15 | |
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Bank of Thailand All Set to Issue Own Digital Currency, Powered by R3
The central bank of Thailand (Bank of Thailand (BOT)) is set to issue its own digital currency in conjunction with several local financial institutions. Acknowledging the major impact that technological changes have on financial services globally, the Bank of Thailand announced that it is working in collaboration with the country’s largest banks on a project […] Bank of Thailand All Set to Issue Own Digital Currency, Powered by R3 was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-8-26 16:30 | |
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Bank of Thailand Developing Central Bank Digital Currency
Following the adoption of the country’s first cryptocurrency regulation, the central bank of Thailand is working on its own digital currency in collaboration with the country’s largest banks. дальше »
2018-8-24 02:45 | |
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Thai Central Bank Defends Cryptocurrencies
In the high-profile Thai crypto fraud case involving an actor, Thailand’s central bank has clarified that the fraud is not related to cryptocurrency trading, but a general misuse of money. Thailand has recently legalized seven cryptocurrencies, authorized seven crypto firms, and the Bank of Thailand has green-lighted commercial banks’ subsidiaries for crypto activities. дальше »
2018-8-21 14:02 | |
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Winklevoss twins recruit cryptocurrency superfriends to fight the SEC
The Winklevoss twins are back with a vengeance. Just weeks after the SEC publicly denied their license for a Bitcoin exchange-traded fund (ETF), they’ve recruited some of the biggest names in cryptocurrency to form a new regulatory supergroup. дальше »
2018-8-20 18:51 | |
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San Francisco judge orders bail payment in Bitcoin
A federal judge in San Francisco has ordered a cyber-criminal to pay their bail charges in Bitcoin, inadvertently stimulating cryptocurrency mainstream adoption. The Daily Post – a local Palo Alto newspaper – reports Martin Marisch has been charged with hacking the well-known video games company Electronic Arts, responsible for popular titles like FIFA, The Sims, and Battlefield. дальше »
2018-8-17 15:20 | |
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Venezuela Nationalizes Petro, Will Introduce Crypto-Based Salary System for Workers
Venezuelan President Nicolas Maduro recently revealed that the nation’s oil-backed cryptocurrency, the petro, will be used as a unit of account by the state oil company PDVSA. дальше »
2018-8-16 00:26 | |
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Venezuela’s Constituent Assembly Drafts Law to Create Central Bank for Crypto
A member of the Venezuelan National Constituent Assembly has reportedly revealed that the assembly is preparing a reform to the country’s Constitution that includes a central bank for cryptocurrencies. дальше »
2018-8-14 06:50 | |
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Stablecoins Gaining Popularity in India to Minimize Central Bank’s Impact
A growing number of cryptocurrency exchanges in India are adding stablecoins such as trueusd (TUSD) and tether (USDT) to their platforms. They are part of the solutions exchanges have come up with in order to minimize the impact of the crypto banking ban imposed by the country’s central bank. дальше »
2018-8-13 01:10 | |
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Regulations Round-Up: Central Bank-Issued Digital Currencies, Regulatory Clarity
In recent regulatory news, Spain’s Central bank has issued a report favoring the development of a central bank-issued digital currency (CBDC), the president of Taiwan’s central bank has advocated caution regarding CBDCs, the Blockchain Research Institute has published a summary of recent roundtable discussions calling for great regulatory clarity, and a Russian court has a […] The post Regulations Round-Up: Central Bank-Issued Digital Currencies, Regulatory Clarity appeared first on Bitcoin News. дальше »
2018-8-12 15:58 | |
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Huge Demand for ‘P2P’ Crypto Trading Seen in India After RBI Ban
Exchange-escrowed trading directly between cryptocurrency buyers and sellers is growing in popularity in India following the crypto banking ban imposed by the country’s central bank. One local exchange, in particular, is seeing “tremendous” response from Indian traders for this service as “tens of thousands of new users have signed up” in a month. дальше »
2018-8-10 23:25 | |
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Spanish Central Bank Backs Cryptocurrencies in New Report
Central banks around the world have had hawkish, unfavorable views towards cryptocurrencies. However, the Spanish Central Bank, Banco de Espana (BDE), stands as a striking contrast. The regulator has released a report in which it states that the use of digital currencies, especially when there is a digital version of the state currency, will help in […] Spanish Central Bank Backs Cryptocurrencies in New Report was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-8-7 19:29 | |
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Indian Exchange Zebpay Enables Trueusd (TUSD) Stablecoin Trading
One of the largest cryptocurrency exchanges in India, Zebpay, has enabled Trueusd (TUSD) trading, deposits and withdrawals. The dollar-pegged stablecoin is offered as an alternative to fiat trading which is problematic under the Indian central bank’s ban. дальше »
2018-8-7 20:45 | |
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Bank of Thailand Green-Lights Financial Companies for Crypto Activities
Thailand’s central bank has announced the rules under which financial institutions, including commercial banks, and their subsidiaries can engage in cryptocurrency activities. They include securities, asset management, and insurance firms. дальше »
2018-8-6 10:45 | |
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Natives use original means to trade bitcoin amid rbi ban
Regulation Indian crypto traders have found some creative ways to trade cryptocurrencies, especially bitcoin, to circumvent the crypto banking ban imposed by the country’s central bank. Japan Confirms Entrance Into the Crypto Space Money Finds a Way Following the crypto banking ban by the Reserve Bank of India (RBI) which went into effect last month, Indian дальше »
2018-8-3 07:45 | |
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Indians Use Creative Means to Trade Bitcoin Amid RBI Ban
Indian crypto traders have found some creative ways to trade cryptocurrencies, especially bitcoin, to circumvent the crypto banking ban imposed by the country’s central bank. The Reserve Bank of India has banned financial institutions from providing services to companies dealing in cryptocurrency. дальше »
2018-8-3 05:15 | |
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Audits and Quality Assurance: Patching the Holes in Smart Contract Security
On July 10, 2018, news broke that cryptocurrency wallet and decentralized exchange Bancor was hit with a hack. A wallet the Bancor team used to update the protocol’s smart contracts was infiltrated, and the $23. дальше »
2018-8-3 19:24 | |
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More Than a Ledger: How Blockchains Will Democratize Wealth
To Mark Pascall, co-founder of BlockchainLabs New Zealand (NZ) and president of the Blockchain Association NZ, the blockchain space is more than just a new technology layer, it’s a “fundamentally different way for organizations and societies to operate. дальше »
2018-7-31 21:27 | |
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Central TX Town hit Hard by Unemployment Finds Hope in Bitcoin Mine
Now the small town of Rockdale, about an hour northeast of Austin, is hoping the days of “used to” are used up. A Chinese company plans to open a Bitcoin mining operation in part of the old Alcoa plant just outside of town, bringing with it the prospect of 300-500 jobs, according to local media reports. дальше »
2018-7-31 20:36 | |
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How Blockchain Promotes International Trade, Identity and Financial Inclusion
International trade, people without identity and financial exclusion are global development areas that stand to be radically improved with blockchain technology, according to Michelle Chivunga, regional advisor for the British Blockchain Association. дальше »
2018-7-31 19:50 | |
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Bitcoin Cash vs. Bitcoin
В криптомире уже долгое время идут споры относительно цифровых валют Bitcoin и Bitcoin Cash, пишет Coin Central. В статье мы предлагаем рассмотреть преимущества и недостатки каждой монеты, их ценностное предложение, подходы к масштабированию, брендинг и уровни децентрализации. дальше »
2018-7-30 21:18 | |
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Bitcoin [BTC] can be a ‘potential asset’ for central banks, says Wall Street billionaire Bill Miller
Bill Miller, a billionaire investor, stated that Bitcoin [BTC] is the cryptocurrency which has the most probability of being successful. He also spoke about the strategies for evaluating the value of the cryptocurrency. дальше »
2018-7-30 17:52 | |
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Bank of Canada Independent Study Reveals Public’s Perceptions of Bitcoin
A 2017 study by the Bank of Canada was updated by the central bank in July 2018. As a part of the Bitcoin Omnibus Survey (BTCOS), the study provides insights on the public’s purchase reasons for and overall awareness towards cryptocurrencies. дальше »
2018-7-28 07:00 | |
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Once Reliant on Coal Mining, A Texas Town is Looking to Bitcoin Mining to Reinvigorate Its Economy
According to the Texas Standard, Rockdale, a town in central Texas, is looking to Bitcoin mining to ease an economic slump caused by the closure of the coal-fired power plant and adjacent mine earlier this year. дальше »
2018-7-27 17:25 | |
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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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Central City Rockdale Reinvents Itself from Mining Coal to Mining Bitcoin
Rockdale, a town in central Texas, has made headlines due to plans of converting their town from mining coal, into mining bitcoin according to local reports on July 20, 2018. Bitmain Invades, Again In a post-industrial society, many areas that relied on the extraction of raw resources such as coal are beginning to face an economic struggle. дальше »
2018-7-27 01:00 | |
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Canada Central Bank: Bitcoin Safe From 51% Attack, Double Spending
Canada’s Central Bank (BOC) released a working paper this month, Incentive Compatibility on the Blockchain. In it, BOC seems to argue the world’s most popular cryptocurrency, Bitcoin, is safe from a 51% attack, double spend scenario through the right incentive structure and proof of work (POW). дальше »
2018-7-27 22:45 | |
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Once Reliant on Coal Mining, A Texas Town is Looking to Bitcoin Mining to Reinvigorate Its Economy
According to the Texas Standard, Rockdale, a town in central Texas, is looking to Bitcoin mining to ease an economic slump caused by the closure of the coal-fired power plant and adjacent mine earlier this year. дальше »
2018-7-26 20:05 | |
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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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Canada’s Central Bank Boasts Proof of Work Consensus System Benefits
The Central Bank of Canada has pioneered new research using the PoW or Proof of Work consensus in a new article on blockchain technology. The Bank of Canada or BoC has labeled Bitcoin’s Proof of Work system the best consensus algorithm used by any cryptocurrency. дальше »
2018-7-26 16:36 | |
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Bank of Canada: Proof-of-Work Beats Alternative Consensus Systems
Canada’s central bank has championed proof-of-work (PoW) algorithms as part of a new research paper on Blockchain consensus. ‘Irretrievable Sunk Costs’ In its Staff Working Paper released this week, Bank of Canada (BoC) said PoW, used by Bitcoin, held more promise than alternative proof-of-script (PoS) algorithms found in various altcoins. дальше »
2018-7-25 18:00 | |
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India Exchange Unocoin Suspends Withdrawals Following Central Bank Demands
“Deposits/Withdrawals Notice,” came the post title from popular Indian cryptocurrency exchange Unocoin this week. “As per orders from RBI,” the exchange explained, “bank INR withdrawals and INR Deposits have temporarily been disabled. дальше »
2018-7-24 10:30 | |
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EU Parliament Report Reveals How Banks Could Beat Bitcoin
A recent report released by the Policy Department of the European Parliament explains how central bank-issued cryptocurrencies outcompete Bitcoin. EU Parliament Draws Up Battle Plans Against Bitcoin A recent report from the Policy Department of the European Parliament, titled Competition Issues in the Area of Financial Technology (FinTech), warns about some of the challenges Bitcoin will have to overcome. дальше »
2018-7-24 02:00 | |
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Cardano Aims For A Trillion, Bets On Five Or Ten
Cryptocurrency is never dull. Bitcoin’s anonymous creator designed the protocol as a two-fingered salute to the financial sector; Ethereum wants to be the universal computer; when not battling the SEC, Ripple XRP cozies up to large corporations and central banks; Bitcoin Cash thinks it does a better two-fingered salute than Bitcoin. дальше »
2018-7-24 00:16 | |
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