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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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Dutch Central Bank Says Cryptocurrencies Aren’t Real Money
A report from local news outlet Dutch News published today, August 3rd, features new statements by representatives of the country’s central bank claiming that cryptocurrencies are neither real money nor a safe investment for the country’s citizens. дальше »
2018-8-4 15:45 | |
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Dutch Central Bank Says Cryptocurrencies Aren’t Real Money
A report from local news outlet Dutch News published today, August 3rd, features new statements by representatives of the country’s central bank claiming that cryptocurrencies are neither real money nor a safe investment for the country’s citizens. дальше »
2018-8-3 20:19 | |
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Dutch central bank does not consider cryptocurrencies actual money
An executive at the Dutch Central Bank has said that while cryptocurrencies are not “real money,” the bank has no plans to ban them, local news outlet Dutch News reported August 3. The divisional director of the Dutch Central Bank, Petra Hielkema, told Dutch News that due to the volatility of cryptocurrencies and the possibility дальше »
2018-8-3 20:07 | |
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Dutch Central Bank Does Not Consider Cryptocurrencies as ‘Real Money’
Cryptocurrencies are not considered as “real money,” says the divisional director of the Dutch Central Bank
дальше »2018-8-3 15:44 | |
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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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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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XRP To Be Added To Canada’s Leading Cryptocurrency Exchange
XRP is set to be added to Coinsquare, one of the biggest cryptocurrency exchange platforms in Canada. This is exciting news, especially as it falls in line within a period that is seeing extensive research carried out by the Canadian Central Bank into cryptocurrencies and blockchain technology. дальше »
2018-8-3 23:00 | |
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Iran Planning to Legalize Cryptocurrencies, Might Even Start Mining Them
Iran is about to make a u-turn after their central bank banned cryptos earlier this year and begun censoring crypto exchanges. According to local media citing Fars News, Iran’s parliament, called. дальше »
2018-8-2 16:17 | |
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Cryptocurrency and Africa. The Journey So Far
Cryptocurrencies are making so much waves in Europe, Asia and Central American that there is little attention being brought to other places with potentials of creating huge markets for them. The second largest and second most populous continent, Africa, is embracing the technology as an approach to the many problems countries in that continent are […] The post Cryptocurrency and Africa. The Journey So Far appeared first on ZyCrypto. дальше »
2018-8-2 21:50 | |
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Lykke Wallet for the Blockchain-Powered Exchange is Now on Android
Lykke today announced the release of the Lykke Wallet for Android. The wallet joins its iOS counterpart, released in June, as a key element of the Lykke trading ecosystem. Lykke is a radically new approach to trading digital currencies and assets. дальше »
2018-7-31 13:22 | |
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G20 Summit Has No Progress For Crypto Regulation But Money Laundering A Main Focus
“Cryptocurrencies can bring significant advantages to the traditional economy and do not pose a global risk to financial stability. ” This was the general sentiment when the Finance Ministers and Central Bank Governors of the world’s largest economies spoke about cryptocurrency in the G20 conference. дальше »
2018-7-28 13:58 | |
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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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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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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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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: ‘Crypto-Assets Can Deliver Significant Benefits’
On July 21-22, the Finance Ministers and Central Bank Governors of G20 countries met in Buenos Aires. Despite failing to come to definitive conclusions, the leaders of the world’s top economies expressed their seemingly positive yet fairly contained opinion of cryptocurrencies. дальше »
2018-7-24 00:00 | |
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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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‘Very Specific Recommendations’ Crypto Deadline Scraped by G20 Forum
Cryptocurrencies will continue to receive a broadly hands-off approach from the G20 until at least October, a meeting of the forum confirmed July 21-22. A summary of interim decisions made by the dedicated Finance Ministers & Central Bank Governors (FATF) group sees any hard-and-fast regulatory steps regarding cryptoassets remain absent. The results follow a four-month дальше »
2018-7-23 17:36 | |
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Gary Gensler: From CFTC Chair to Blockchain and Cryptocurrency Educator
Gary Gensler was chairman of the U. S Commodity Futures Trading Commission (CFTC) between 2009 and 2014, right after the global financial crisis. Today, Gensler is part of MIT’s Digital Currency Initiative, lecturing students on blockchain technology and cryptocurrencies. дальше »
2018-7-23 08:00 | |
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Workers in Costa Rica Can Be Legally Paid in Cryptos
Cryptos are consolidating as an alternative to traditional payment systems. One example is Costa Rica, a small Latin American country located in Central America in which it is perfectly legal for workers to receive part of their wages in cryptocurrencies. дальше »
2018-7-23 03:32 | |
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EU Parliament Study: Central Bank Digital Currencies ‘Will Reshape Competition’ in Crypto Market
A study issued by the European Parliament Committee on Economic and Monetary Affairs suggest that gov’t issued cryptocurrencies could be a “remedy” for a lack of competition policy in the crypto sector дальше »
2018-7-23 20:47 | |
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Indian reserve bank urges the Supreme Court to regulate crypto!
India’s central bank, the Reserve Bank of India (RBI), has urged the country’s Supreme Court to regulate cryptocurrencies, local news outlet the Financial Express reports July 21. On July 19, the Supreme Court reportedly postponed the final hearing on the RBI’s ban on crypto dealings — originally scheduled for July 20 — to September 11. дальше »
2018-7-22 17:22 | |
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Crypto Coin use halted by the Indian Central Bank in Supreme Court case
Japan Confirms Entrance Into the Crypto Space RBI’s Argument The Reserve Bank of India (RBI), the country’s central bank, appeared before the supreme court Friday to defend its position regarding cryptocurrencies. дальше »
2018-7-22 04:49 | |
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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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Vietnam Central Bank Backs Call for a Ban on Cryptocurrency Miner Imports
The State Bank of Vietnam (SBV); the country’s central bank, has adopted the Finance Minister’s call for a prohibition on the importation of cryptocurrency mining rigs. SBV Sides with MoF and MoIT In June 2018, Vietnam’s Ministry of Finance (MoF) called for a ban on the importation of cryptocurrency mining rigs. Considering that cryptocurrencies are дальше »
2018-7-21 22:26 | |
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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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Central Bank Digital Currency Called The ‘Worst Financial Idea In Recent Times’
On 18th July 2018, the US congressional subcommittee on Monetary Policy and Trade held a discussion aimed at addressing some of the major questions currently facing digital currencies. The hearing that was aptly named “The Future of Money: A Look at Digital Currencies” looked at all the implications that would come with implementing cryptocurrencies in […] дальше »
2018-7-20 17:53 | |
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India Stands Still – Should Crypto Go or Stay ?
The biggest case involving the Indian cryptocurrencies market is scheduled to resume today as the Supreme court presides over a lawsuit filed by exchanges against the Reserve Bank of India (RBI). A directive by the central banking authority required that all banks in the country quit doing business with virtual currency exchanges on or before […] The post India Stands Still – Should Crypto Go or Stay ? appeared first on ZyCrypto. дальше »
2018-7-20 15:08 | |
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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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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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Financial Stability Is the Focus of New FSB Monitoring Framework
Cryptocurrencies are getting more attention every day, it seems, as the Financial Stability Board (FSB) announced on Monday that it had put together a standardized framework with which to monitor cryptocurrency assets. дальше »
2018-7-19 18:00 | |
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Fed Governor’s Crypto Testimony Reveals US Central Bank Has No Plans For Regulation
Jerome Powell, chairman of the U. S. Federal Reserve, raised concerns about cryptocurrencies on Wednesday, saying they present serious risks to investors. During his testimony before the House Committee on Financial Services,Powell was asked for his opinion on cryptocurrencies and he had few kind words for the sector. дальше »
2018-7-19 15:00 | |
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Fiat Currencies Will Become Essential to Public Blockchains
In an imagined future world of cryptocurrencies, fallible and politically influenced central bankers are replaced with algorithms and currencies get more valuable over time, not less so. Even if cryptocurrencies continue to grow (and they most likely will), if we want blockchains to deliver upon their promise, we must be able to transact using traditional дальше »
2018-7-18 15:43 | |
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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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Financial Stability Board Unveils Cryptocurrency-Monitoring Framework, Cryptocurrencies Not Considered a Danger to Global Financial System
The Financial Stability Board (FSB) has unveiled its monitoring framework for cryptocurrencies. The FSB framework comes as the Finance Ministers and Central Bank Governors of the G20 member nations head for a summit in Buenos Aires, Argentina. дальше »
2018-7-17 09:27 | |
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Financial Stability Board Unveils Cryptocurrency-Monitoring Framework, Cryptocurrencies Not Considered a Danger to Global Financial System
The Financial Stability Board (FSB) has unveiled its monitoring framework for cryptocurrencies. The FSB framework comes as the Finance Ministers and Central Bank Governors of the G20 member nations head for a summit in Buenos Aires, Argentina. дальше »
2018-7-17 23:54 | |
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India’s Zebpay Exchange Remains Confident in Financial Regulator’s Lifted Crypto Ban Possibility
India’s Financial Regulator’s Crypto Ban Might Be Lifted RBI, India’s Central Bank recently admitted to not having done thorough research on cryptocurrencies before issuing its crypto ban. This comes in the wake of a reply sent by the bank to a Right to Information query filed by a lawyer. Copies of the communication have been […] дальше »
2018-7-13 23:17 | |
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Bank of Finland Advisor Calls Cryptocurrencies an “Illusion,” States Distributed Ledgers Are Irrelevant
In line with strict global sentiments over cryptocurrencies, an advisor to the Bank of Finland (BoF) released a report in June 2018 titled “The Great Illusion of Cryptocurrencies,” elaborating on why cryptocurrencies are a “fallacy” and an “illusion” of money. дальше »
2018-7-13 16:00 | |
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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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[Exclusive news] India might lift the blanket ban on crypto in India
After one week into the play of India’s central bank’s notice to all banks and companies dealing with cryptocurrencies, an anonymous source close to the government has suggested that the government is not looking at a blanket ban on the market and just may stay and subsequently scrap the RBI mandate, dated 6th of April. дальше »
2018-7-12 19:07 | |
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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 Maintains Tight Stance on Cryptocurrencies: Official States ICOs Will be “Crushed”
After announcing a blanket ban on cryptocurrencies in September 2017, China’s central bank publicly called the move a success on July 7, 2018. Unauthorized Financial Products Will be “Crushed” On July 9, 2018, Yicai reported the statements of Pan Gongsheng, head of the Internet Finance Rectification Working Group, who noted that the country still holds a pessimistic view of ICOs,. дальше »
2018-7-12 08:00 | |
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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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