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Bahamian Central Bank to Roll Out Digital Currency in H2 2020
Another tropical island country is set to get its own digital currency. The Bahamas’ Central Bank governor John Rolle yesterday confirmed that the digital Bahamian dollar will be rolled out by the second half of 2020. дальше »
2020-2-14 16:30 | |
3 Cents per kWh – Central Asia’s Cheap Electricity Entices Chinese Bitcoin Miners
As tensions escalated between the U. S. and Iran in recent months, reports have detailed that Chinese bitcoin miners are looking to set up shop in Central Asia and more specifically in Kazakhstan and Uzbekistan. дальше »
2020-2-13 23:10 | |
Japan Looking to Push CBDC Agenda at G7 Summit in June
Japanese lawmakers want the government to push for talks on central bank digital currency (CBDC) during the next G7 summit holding in the summer. US Should Set CBDC Agenda for G7 Partners According to Reuters, a parliamentary group led by Akira Amari of Japan’s Liberal Democratic Party (LDP) wants the country’s government to consider issuingRead MoreRead More. дальше »
2020-2-7 14:00 | |
Fuse Blockchain With Social Virtual Reality and You Get the Future of Global Gaming
At 4th Annual Blockchain Central Davos event held recently, we met up with Alexey Blagirev, Digital and Investor Relations Director, Sensorium Corporation. He provided compelling insight into the new and radical Sensorium platform and how it is set to revolutionize gaming as we know it today. дальше »
2020-2-5 16:26 | |
Central banks call for digital currency as China powers ahead
With China set to be the first nation to release a sovereign digital currency, central banks around the world are positioning to follow. дальше »
2020-1-31 18:00 | |
Cambodia to Launch Digital Currency with Support of 11 Banks
Two years after reports of a Cambodian cryptocurrency, the country is set to launch a central bank digital currency (CBDC) payment system. Project Bakong to Feature Centralized Digital Currency According to Cambodian daily Phnom Penh Post, the country’s central bank is set to roll out “Project Bakong,” a blockchain-powered money transfer platform that features a CBDC. дальше »
2020-1-31 17:00 | |
Why Crypto Dad Wants to Digitize the Greenback
Crypto Dad wants to digitize the greenback. His new venture, the Digital Dollar Project, is a foundation set up to advocate for a US central bank digital currency (CBDC). But is it necessary? What Libra Did Interest in CBDCs has been growing since Facebook threatened to undermine the international monetary order with the creation of […] The post Why Crypto Dad Wants to Digitize the Greenback appeared first on Crypto Briefing. дальше »
2020-1-21 19:31 | |
How Asia Will Dominate The Cryptocurrency Industry in 2020
With clearer regulations and a race between central banks to develop digital currencies, Asia is leading the way in the cryptocurrency industry. This trend is set to continue in 2020 as nations of the West get bogged down by their own bureaucracy. дальше »
2020-1-13 06:17 | |
Bitcoin the Answer to Monetary Debasement?
As central bankers around the world get set for a prolonged period of monetary debasement, the 99% could look to Bitcoin for protection. A Decade of Monetary Debasement Looms The European Central Bank issued guidance at the end of last year that it would keep “the key ECB interest rates to remain at their present […] The post Bitcoin the Answer to Monetary Debasement? appeared first on Crypto Briefing. дальше »
2020-1-7 09:23 | |
ECB to Set Objectives for Own Digital Currency, Lagarde Suggests
The European Central Bank (ECB) should determine objectives for its digital currency taskforce by mid-2020, ECB President Christine Lagarde said during her first policy meeting. What’s the Purpose of a Digital Euro? Earlier today, the ECB’s Governing Council met to decide the benchmark interest rate and the monetary policy. дальше »
2019-12-12 22:24 | |
Blockchain-Based Collectible Coins Announced by Lithuanian Central Bank
Coinspeaker Blockchain-Based Collectible Coins Announced by Lithuanian Central BankThere were many fun ways of authorities trying to make use of blockchain in counting some items. This time, it is a set of collectible silver-backed coins offered by the Bank of Lithuania. дальше »
2019-12-10 11:09 | |
Russian Central Bank Comes out Against Bitcoin, Would Support a Ban
On November 29th, the Central Bank of Russia came out against Bitcoin, claiming that their local ruble should be the nation’s only legal tender. While nothing has been set in stone as of yet, the Central Bank is open to banning the ability to buy goods and services with Bitcoin due to the risky nature […] The post Russian Central Bank Comes out Against Bitcoin, Would Support a Ban appeared first on BeInCrypto. дальше »
2019-12-2 12:26 | |
China Central Bank to Set Standards for 17 Fintech Categories, Including Blockchain
The People’s Bank of China (PBoC) has an agenda to set industry standards across the financial sector, including blockchain, a senior official from the bank said on Wednesday. Speaking at a meeting of the National Technical Committee, PBoC vice president Yifei Fan said the bank aims to better regulate new technologies applied across the financial […] дальше »
2019-11-22 09:00 | |
Bitcoin Access in Iran Hampered by Internet Shutdown
Following a decision to inflate fuel prices by 50 percent in Iran, civil unrest has broken out with a branch of the country’s central bank being set ablaze. Now, the government is striking back and could even be doing enough to cripple Bitcoin access. дальше »
2019-11-19 18:55 | |
Iranian Central Bank Power of the Public Seen as Protesters Torch
In a stunning video on Twitter, scenes of smoke and flames enveloping a building in Iran are shown as protestors cheer and watch on. The Iranian Central Bank in the city of Behbahan was set ablaze in a powerful show of public power. дальше »
2019-11-18 05:34 | |
Iran Central Bank Branch Set on Fire, Crypto Community Follows Events
The crypto community closely follows the developments as Iran’s central bank branch was set on fire by protesters
дальше »2019-11-18 18:54 | |
Crypto Trading Enthusiasm Returns in China, Prompting More Scrutiny from Country’s Regulators
The Central Bank in China seems set for another round of crypto crackdowns after President Xi’s latest remarks revived speculation on blockchain technology. Financial regulators in each Shanghai District are required to search and conduct an inspection of all suspected crypto companies and exchanges by 22nd November. A notice issued by the Shanghai Internet Finance […] дальше »
2019-11-16 20:16 | |
China’s Central Bank (PBoC) Forced by Fake Website to Deny Launch of Its Digital Crypto (DECP)
The PBoC (People’s Bank of China) was recently forced to release a statement indicating that its much anticipated digital asset was still in its testing stages. This news comes during a time when there are online reports insinuating that dates had already been set for the official launch of the stablecoin. DCEP or the Digital […] дальше »
2019-11-15 22:47 | |
President of Turkey Says Country is Finalizing Its Digital Lira Currency Testing By 2020
Recep Tayyip Erdogan, the current president of Turkey, has recently affirmed that the government is testing its central bank digital currency (CBDC) project and that the project is set to be finished by 2020. дальше »
2019-11-6 00:38 | |
Facebook’s Libra Will Operate More Like An Email Tech Than PayPal: Calibra VP of Product
According to Facebook’s Calibra VP, Kevin Weil, Facebook’s led crypto project, Libra is set to operate like an email but not like PayPal, Cointelegraph reports. Weil was giving a speech during the Web Summit held in Lisbon, Portugal where he emphasized that the crucial aspect in Libra will be interoperability, which is at the central […] дальше »
2019-11-6 23:34 | |
Bitcoin Trades at Large Premium in Argentina as Dollar Purchase Restrictions Set In
Bitcoin is trading at a large premium on cryptocurrency exchanges in Argentina. Demand remains high after the nation’s central bank announced a further tightening of a limit on the number of dollars an individual can purchase from it each month. дальше »
2019-10-30 23:00 | |
Bitcoin Still a Safe Haven as Global Economic Storm Brews
Notwithstanding the Friday dump which has just sent bitcoin price back below $8k, the global economy is in a bigger mess and is set to deteriorate even further. Central banks are pumping cash back into their systems, interest rates are going negative, and GDP figures are falling. дальше »
2019-10-18 10:56 | |
IMF To Warn Central Banks That Payment Narratives are Shifting Away From Them
Central bankers and finance ministers are set to come together for the World Bank annual meeting, and the IMF has some strong advice for them: regulate digital currencies or watch your monetary monopoly lose power. дальше »
2019-10-18 22:00 | |
Indian Supreme Court Postpones Crypto Case to November, New Date Confirmed
The Supreme Court of India has set a new date to resume hearing the arguments against the crypto banking restrictions by the Reserve Bank of India (RBI). The central bank has replied to crypto exchanges’ representation as directed by the court, which was supposed to resume hearing the case today. дальше »
2019-10-16 11:30 | |
Nick Szabo: Bitcoin Works Infinitely Better As A Medium of Exchange Than ‘Vaporware’ Libra
Bitcoin (BTC) is running into its eleventh year, while Facebook’s Libra is facing renewed difficulties, with some of the founding members of the Libra Association rescinding their positions. Libra Beleagured by Hawkish Regulators Libra set a goal to launch in early 2020, but regulatory disapproval and hawkish comments from central banks shook confidence in the project. дальше »
2019-10-12 15:00 | |
People’s Bank of China to Onboard Six Technology Wizards in Helping Launch Its Digital Currency
The Chinese central bank, known as the People’s Bank of China, has recently put up a recruitment notice on its official site. According to the job post, the state bank is looking for six tech experts who have a lot of experience with blockchain technology. Most of the people hired are set to work on […] дальше »
2019-10-12 02:52 | |
Central bank says Libra must operate like a bank if it’s to launch in UK
The Bank of England‘s (BoE) Financial Policy Committee (FPC) has laid down a set of rules that Facebook‘s Libra and other cryptocurrencies must follow if they are to be launched in Britain. While some question if Facebook’s ‘cryptocurrency’ Libra will ever launch, the BoE‘s FPC did recognize its potential to becoming an “important payment system,” City AM reports. дальше »
2019-10-9 15:12 | |
An ant colony has memories its individual members don’t have
Like a brain, an ant colony operates without central control. Each is a set of interacting individuals, either neurons or ants, using simple chemical interactions that in the aggregate generate their behavior. дальше »
2019-10-5 12:30 | |
Federal Reserve Injects Entire Bitcoin Market Cap in Days
The Federal Reserve has been sneakily increasing the number of dollars in circulation over the last week. The latest injections look set to add as much as $162 billion to the total U. S. money supply — but the central bank is adamant that this is not a return to quantitative easing. дальше »
2019-10-2 01:15 | |
Fed’s $53 Billion ‘Rescue Operation’ is Good News for Bitcoin
More cracks seem to be appearing in US financial markets as the central bank has to step in once again with a rescue effort. A spike in overnight borrowing rates has set alarm bells ringing as the economy teeters on a precipice which could lead to another recession. дальше »
2019-9-18 12:30 | |
Facebook Crypto Libra Faces Grilling From 26 Central Banks Today
Facebook is set to go through another round of extreme questioning as it goes ahead with the plans to launch its controversial cryptocurrency Libra. The tech giant will face representatives of twenty-six central banks, including the Federal Reserve and the European Central Bank (ECB, in Basel, Switzerland, on Monday. дальше »
2019-9-17 11:36 | |
Here’s Why China is Pushing A Central Bank Digital Currency, Not Crypto
China is set to launch the world’s first central bank digital currency (CBDC). As the majority of central banks, including in the US and Europe, are tentative over issuing their own CBDCs, the People’s Bank of China (PBoC) has gone all-in on the idea of a digital Yuan and not a crypto asset. дальше »
2019-9-12 13:00 | |
Proposed Chinese Digital Currency Set To Follow Comparable Traits To Facebook’s Libra
The newly appointed Chinese head of digital currency claims that the digital yuan will have some comparable traits to Facebook’s Libra currency and the public will be able to use it within various Chinese payment platforms namely WeChat as well as Alipay CoinDesk reports. дальше »
2019-9-6 20:12 | |
2020 Deadline for Cryptocurrency Firms Operating in Netherlands to Register with the Central Bank
Dutch cryptocurrency will be required to register and comply with the rules set by the De Nederlandsche Bank according to an official announcement from the financial authority. By January 10 2020, every cryptocurrency firm operating in Netherlands should be registered by the central bank. дальше »
2019-9-4 18:00 | |
Dutch central bank has new rules for crypto, says it’s ‘vulnerable to financial crime’
The Dutch central bank has today announced it must begin supervising cryptocurrency companies (including wallet providers) under the fifth European anti-money laundering directive, which came into effect in July. дальше »
2019-9-3 13:07 | |
Facebook’s Libra Slammed by European Central Bank Executive
According to news published on Bloomberg on Septemeber 2, Yves Mersch, an executive board member at the European Central Bank (ECB), stated that Facebook’s proposed Libra currency could undermine the European Central Bank’s ability to set monetary policy. дальше »
2019-9-3 09:00 | |
ECB Board Member is “Extremely” Concerned about Facebook’s Libra’s High Centralization, Shills Fiat Money
Facebook’s proposed cryptocurrency called Libra — scheduled for release in the first half of 2020 — according to European Central Bank’s board member Yves Mersch undermines ECB’s ability to set monetary policy. дальше »
2019-9-3 01:10 | |
Libra’s launch could weaken ECB’s ability to set financial policies, says ECB Board Member
Facebook’s Libra continues to face resistance from institutions across the globe. Yves Mersch, ECB Board Member, was the new entrant to join the list of Libra’s critics. Yves Mersch, who is a former Governor of Luxembourg Central Bank, believed that the proposed virtual asset’s launch could weaken European Bank’s ability to introduce monetary policies and […] The post Libra’s launch could weaken ECB’s ability to set financial policies, says ECB Board Member appeared first on AMBCrypto. дальше »
2019-9-2 15:13 | |
Around The Block With Jeff And Dave – August 27, 2019
Bitcoin is holding steady at 10,000 – what will drive the price up as the recession looms? The UK Central Bank wants to set up a global central bank-backed by their crypto. Craig Wright loses the court case and is ordered to pay 500k+ in bitcoin judgment! We review Purse, OpenBazaar and other ways toRead MoreRead More. дальше »
2019-8-28 11:06 | |
Indian Supreme Court Orders RBI to Answer Crypto Exchanges, New Date Set
After hearing the arguments against the banking restriction by the Reserve Bank of India (RBI) in detail, the Indian supreme court directed the central bank to reply to the representations filed by crypto exchanges. дальше »
2019-8-21 15:15 | |
China’s Central Bank’s Crypto Proposal Will Assist Banks in Curbing Alipay, WeChat Pay Dominance
The much-awaited Bank of China’s cryptocurrency could be a move by the bank to help curb Alipay and WeChat Pay dominance in the financial sector. Appearing on South China Morning Post financial analyst, Cindy Wang, a renowned analyst with DBS Research Group, claimed that the country is set to benefit as investors and merchants will […] дальше »
2019-8-20 21:55 | |
Last Week Today Bitcoin and Cryptocurrency Weekly Digest: August 10-17th
Last Week Today – Bitcoin and Cryptocurrency Weekly Digest August 10-17 Bakkt receives all regulatory approvals, set for September launch China's central bank set to launch state-backed cryptocurrency IRS sends a second letter of warning to cryptocurrency traders Litecoin network suffers dusting attack from Russian mining pool Bakkt at long last. How will it affect […] дальше »
2019-8-19 05:27 | |
Google used 107,000 solar panels to create a portrait of Apollo 11 pioneer Margaret Hamilton
In celebration of the 50th anniversary of NASA’s historic moon landing mission, Google built a massive portrait of Apollo 11 software lead Margaret Hamilton using only solar panels and the reflection of the moon. дальше »
2019-7-19 17:56 | |
Libra: Japan Creates Group Ahead of the G7 Summit with Nation’s Central Bank, FSA and Ministry of Finance
Asian giant Japan has set up a committee to look into the potential of the new Facebook’ s cryptocurrency project, called Libra, especially in the area of banking, finances and its ability to cripple a struggling economy if not properly tackled. дальше »
2019-7-15 20:55 | |
Miners Flock to Iran Where Bitcoin Mining Is Set to Be Sanctioned
According to regional reports, the Central Bank of Iran (CBI) is planning to allow licensed cryptocurrency mining as long as operations are charged for electricity based on the price of export. The CBI governor, Abdol Nasser Hemmati, explained that mined cryptocurrencies should flow back into the Iranian economy. дальше »
2019-7-13 00:10 | |