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EU Cautions Possible Overturning of Bitcoin and Cryptocurrencies by Banks
A recent fintech-related report requested by the European Parliament Committee on Economic and Monetary Affairs (Econ) revealed that bitcoin might be brought down given that central banks start to issue their own cryptocurrencies. дальше »
2018-7-24 00:01 | |
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G20 Asks FATF to Clarify AML Standards for Cryptocurrencies
Financial ministers and central bankers from the G20 states met over the weekend in Argentina to discuss the challenges for the global economy. They reiterated their position that cryptocurrencies do not pose a risk to the financial stability. дальше »
2018-7-24 21:40 | |
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Future of Bitcoin threatened by European Union’s warning
After a cold start into 2018, bitcoin traders and holders witnessed an upward turn of the world’s first and largest cryptocurrency. Facing regulatory issues from across the globe Bitcoin is yet to become a part of the mainstream economics. дальше »
2018-7-23 19:14 | |
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A study on issues of competition in fintech, commissioned by the European Parliament Committee on Economic and Monetary Affairs was published July 20. It found that central bank-issued digital currencies could be a “remedy” for a lack of
Europen Union Study shows central banks coming together with their own digital currencies, i.e., CBDCs could mean an end of the journey for the decentralized digital tokens. Bitcoin has been struggling for quite some time for its mainstream adoption, as crypto investors and enthusiasts are waiting for developers to bring a robust scalability solution. On дальше »
2018-7-23 18:43 | |
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Indian Crypto Regulation Ready by September: Official
The Indian government is expected to issue detailed cryptocurrency guidelines by September, a senior official from the country’s Ministry of Finance reportedly said. Consultations with all stakeholders including the central bank have already begun. дальше »
2018-7-23 17:35 | |
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Bitcoin’s 6 Month Negative Publicity Bear Market Sees Tides Start To Turn
Bitcoin currently is enjoying a positive week with headlines from around the world sending the price above the $7,500 for the first time in a month. The crypto community is eager for the momentum to continue and after some much-needed regulatory clarity from the central banks of G20 nations, and interest from the world’s leading […] дальше »
2018-7-23 10:16 | |
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Cryptocurrency Vs Central Banks: Bitcoin Versus Federal Reserve, BoE, BoJ & ECB
As it stands, there are four central banks that run the financial world, and those are the U.S. Federal Reserve, European Central Bank (ECB), Bank of Japan (BOJ) and the Bank of England (BOE). According to most experts, these institutions are definitely the most powerful, influencing the interest rates of over $41 trillion worth of […] дальше »
2018-7-23 10:01 | |
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Indian Central Bank Makes a Case Before Supreme Court Against Allowing Crypto Use
India’s central bank told the country’s supreme court on Friday that “allowing dealings in cryptocurrencies like bitcoin would encourage illegal transactions. ” Other crypto petitions being heard include one asking the government to “take emergency steps to restrain the sale and purchase of illegal cryptocurrencies. дальше »
2018-7-22 02:34 | |
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Bitcoin and Other Cryptocurrencies Not Significant Threats – Says US Federal Reserve Chairman
While a good number of central banks see bitcoin and other cryptocurrencies as significant threats to their survival, the United States Federal Reserve Chairman, Jerome Powell, said on July 18, 2018, that the exponential growth in the price of bitcoin and the increasing adoption of cryptos doesn’t bother him. дальше »
2018-7-21 13:00 | |
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Argentina Central Bank Looks For Crypto & Blockchain Education Via Books
Argentina’s Central Bank’s Interesting In “Mastering Bitcoin” Growing As Peso Is Depreciated By Rising Inflation Argentina is currently facing a big economic crisis as the country’s national fiat currency, the Peso, has hit a record low price against the USD and the inflation in the country is rising a lot recently. Not only people, but […] дальше »
2018-7-21 23:52 | |
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Vietnam’s Central Bank Thinks Cryptocurrency Miners Should Be Banned
According to regional reports, the State Bank of Vietnam (SBV) has agreed with a proposal to ban imported cryptocurrency mining machines in order to keep the digital currency economy tethered tightly to the government’s regulatory frameworks. дальше »
2018-7-21 23:32 | |
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This Silicon Valley-Backed Blockchain Startup Wants to Become the Wikipedia of Data
DIRT, a blockchain startup that plans to develop a trusted platform for structured data, has raised $3 million in a seed funding round. The San Francisco-based company said investment firms that participated in the round include General Catalyst, Greylock Partners, Lightspeed Venture Partners, Pantera Capital and others. дальше »
2018-7-21 20:14 | |
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This Silicon Valley Backs Blockchain Startup Wants to Become the Wikipedia of Data
DIRT, a blockchain startup that plans to develop a trusted platform for structured data, has raised $3 million in a seed funding round. The San Francisco-based company said investment firms that participated in the round include General Catalyst, Greylock Partners, Lightspeed Venture Partners, Pantera Capital and others. дальше »
2018-7-20 20:14 | |
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Achieving Truly Useful Proof of Work: Toby Simpson of Fetch.ai
What’s the best that can happen? That’s the focus of Fetch. ai in the realm of artificial intelligence (AI). Episode 025 of the What Bitcoin Did podcast featured a wide-ranging conversation between host Peter McCormack and Fetch co-founder/CTO Toby Simpson about both best-case and worst-case outcomes for AI. дальше »
2018-7-20 19:38 | |
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Southeastern Asia Moves Nearer to Blocking Bitcoin Generation
Vietnam has moved a step closer to halting cryptocurrency miner imports, a local new source reported on Thursday. According to Viet Nam News, State Bank of Vietnam (SBV), the country’s central bank, has now agreed to a proposed plan to halt imports of the specialized mining devices since the country has already banned the use of дальше »
2018-7-19 19:50 | |
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XRP not a Real Cryptocurrency Like Bitcoin and Co, Expert Warns
Ripple XRP’s centralized protocol could have far more implications on the token performance both now and in the long run according to Elvis Investment CEO, Anatoly Castella. A central protocol means that XRP was created all at once by the parent company – Ripple Labs Inc – with a majority of the cryptocurrency held by […] The post XRP not a Real Cryptocurrency Like Bitcoin and Co, Expert Warns appeared first on ZyCrypto. дальше »
2018-7-19 19:35 | |
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Fed Chairman Jerome Powell Warns Against Cryptocurrencies Yet Again
According to CNBC, US central bank’s chair Jerome Powell has asked investors to be cautious while investing in cryptocurrencies. Speaking to the members of the Congress on Wednesday, he warned people about serious risks they could get exposed to if they invest in digital currencies. дальше »
2018-7-19 18:24 | |
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HTC Says Blockchain Phone Exodus Will Be Released Later This Year
Computer manufacturing company HTC says it is on the verge of releasing its upcoming blockchain phone, Exodus, which was first announced in May of 2018. Chief crypto officer at HTC Phil Chen leads the company’s blockchain and cryptocurrency initiatives. дальше »
2018-7-18 19:47 | |
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Cryptocurrency’s People-Oriented Nature Beats Traditional Monetary System
At a time when central banks and other heavyweights in the traditional finance sector are busily stating reasons why bitcoin and the entire cryptocurrency ecosystem can’t function as fiat money, highly reputable serial entrepreneur Jeffrey Wernick has come up with ideas why he thinks the world’s legacy finance system is faulty. дальше »
2018-7-16 22:30 | |
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Protestors Shine Bitcoin ‘Bat Signal’ On Slovakia’s Central Bank
On July 11 a local action group formed an unannounced protest which featured a Batman-esque Bitcoin logo being shined upon the exterior of Slovakia’s Central Bank. The group claiming responsibility is a the Slovak faction of a Czech cryptocurrency group called the Paraleni Polis. дальше »
2018-7-14 21:28 | |
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Indian Central Bank Justifies Its Crypto Stance – Outlines Key Areas of Concern
The Reserve Bank of India has justified its crypto banking ban to an industry group which has been trying to convince the central bank to ease crypto restrictions. In response, the central bank outlines key areas of concern and upholds its stance on crypto. дальше »
2018-7-14 19:50 | |
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Slovakia’s Central Bank Features Bitcoin “Bat Signals” By Local Action Group
In a new protest turned publicity stunt, a Bitcoin “bat signal” was shown at the central bank of Slovakia. Many banks in the country have briefly hosted the logo on their exteriors as part of a protest by a local action group. дальше »
2018-7-14 09:47 | |
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Protestors Shine Bitcoin ‘Bat Signal’ On Slovakia’s Central Bank
On July 11 a local action group formed an unannounced protest which featured a Batman-esque Bitcoin logo being shined upon the exterior of Slovakia’s Central Bank. The group claiming responsibility is a the Slovak faction of a Czech cryptocurrency group called the Paraleni Polis. дальше »
2018-7-14 00:42 | |
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Bitcoin ‘Bat Signal’ Appears on Slovakia’s Central Bank
Banks in Slovakia, including the country’s central bank, briefly hosted a giant Bitcoin logo on their exteriors July 11 as part of an unannounced protest by a local action group. Slovak Banks ‘Remain In Darkness’ Photo and video evidence from around the capital Bratislava showed various institutions with a black-and-white ‘bat’ logo depicting Bitcoin and Monero. дальше »
2018-7-13 22:00 | |
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“Economic Sovereignty” Through Bitcoin: Max Keiser and Stacy Herbert
When it comes to cryptocurrency, it seems that there are always two sides of the (bit)coin. On the negative side, there’s everything that can go wrong. дальше »
2018-7-14 19:30 | |
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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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The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin
As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name. дальше »
2018-7-13 17:16 | |
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Bank of Korea Reveals the Impact of Digital Assets in South Korea’s Banking and Finance Sector
South Korea’s central bank, the Bank of Korea (BOK), has revealed that the outstanding balance of cryptocurrency accounts in the country’s domestic banks stood at nearly $2 billion ($1. 8 billion) as of December 2017. дальше »
2018-7-13 16:19 | |
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Indian Central Bank Responds About Crypto Restrictions
India’s central bank has responded to a representation about its crypto banking ban. The Supreme Court gave the central bank seven days to reply following a hearing last week of the petition by the Internet & Mobile Association of India against the ban. дальше »
2018-7-12 00:40 | |
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China’s Control Over the Global Bitcoin Exchange Market has Fallen to 1 Percent
China's central bank is bragging about the fact that after its ban, it has successfully managed a zero-risk exit for all the previously operated ICO and crypto trading platforms. The post China’s Control Over the Global Bitcoin Exchange Market has Fallen to 1 Percent appeared first on CoinSpeaker. дальше »
2018-7-11 15:39 | |
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Why did a Former Malta Finance Minister Back This Token Sale?
Bitcoin Press Release: Cryptocurrencies were created as a citizen’s answer to an establishment’s shortcoming. The 2008 recession caused havoc across the world, destabilized economies, cost jobs and destroyed lives. дальше »
2018-7-11 10:43 | |
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Former Malta Finance Minister backed payment startup QuickX announced Presale
Bitcoin Press Release: Cryptocurrencies were created as a citizen’s answer to an establishment’s shortcoming. The 2008 recession caused havoc across the world, destabilized economies, cost jobs and destroyed lives. дальше »
2018-7-16 10:43 | |
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China Celebrates Killing Its Bitcoin Exchanges as CNY Volume Falls Under 1%
The People’s Bank of China (PBOC) has declared victory over Bitcoin, stating that the market leader’s trading in its national currency has fallen to less than 1 percent of total global volume. дальше »
2018-7-10 16:00 | |
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Chinese central bank seals about killing Bitcoin business in China – BGR
China was one of the most important markets to impose strict rules related to Bitcoin and cryptocurrencies, including a ban on trading the most popular coin in the world. It now looks like China may have helped decimate Bitcoin, and the country seems pretty happy with itself. дальше »
2018-7-10 12:12 | |
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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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IBM to Supply Blockchain-Based Security Services to Australia
IBM is mending its ties with the Australian government two years after it was said to have played a part in the mismanagement of a national census. The company recently secured a deal with the government to become its central technology partner for the next five years. дальше »
2018-7-9 16:14 | |
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India Has Strangled Its Fast-growing Cryptocurrency Sector in 4 Months
The Indian cryptocurrency sector has been devoid of all banking resources as directed by the country’s central bank, The Reserve Bank of India, since Friday, July 6. A four-month long legal fight, low volumes, falling crypto prices and, now, the lack of banking is testing the foundation of this sector. дальше »
2018-7-9 15:59 | |
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Indian Crypto Exchanges Forge Ahead With Solutions to RBI Ban
Indian cryptocurrency exchanges are forging ahead with their solutions to the crypto banking ban imposed by the country’s central bank. A growing number of exchanges have stopped fiat support as they ramp up peer-to-peer and crypto-to-crypto trading. дальше »
2018-7-9 15:53 | |
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PBoC: Bitcoin Trading in Renminbi Drops Below 1% Global Total
Economy & Regulation Bitcoin trading in renminbi (RMB) has dropped to less than 1 percent of the global total, the central bank of China announced. The People’s Republic banned yuan-crypto trade last year, prompting the exodus of hundreds of Chinese crypto businesses, including some of the world’s leading trading platforms. In September, 2017, Beijing authorities дальше »
2018-7-9 00:05 | |
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PBoC: Bitcoin Trading in Chinese Currency Drops Below 1% of World Total
Bitcoin trading in renminbi (RMB) has dropped to less than 1 percent of the global total, the central bank of China announced. The People’s Republic banned yuan-crypto trade last year, prompting the exodus of hundreds of Chinese crypto businesses, including some of the world’s leading trading platforms. дальше »
2018-7-9 22:15 | |
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Indian Police Seek to Sell Crypto and Bypass RBI Ban
Indian police are reportedly facing a challenge of how to liquidate cryptocurrencies they seized since the country’s central bank, the Reserve Bank of India (RBI), has banned banks from providing services to crypto exchanges. дальше »
2018-7-8 23:40 | |
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Regulatory Round-Up: U.K. Chief Blockchain Officer, DLT Cohort in FCA Sandbox, Central Bank Calls Crypto ”Fallacy”
In recent regulatory news, U. K. minister, Eddie Hughes has published a report that advocates for the creation of a “Chief Blockchain Officer,” the U. K. Financial Conduct Authority has announced that a number of distributed ledger (DLT) companies have been accepted into cohort 4 of its regulatory sandbox, and Finland’s Central Bank has published a report […] The post Regulatory Round-Up: U. дальше »
2018-7-7 21:30 | |
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