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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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Data Shows We Can’t Expect Cryptocurrency to Handle Inflation
Digital currency is being adopted in several nations fighting economic distress as a means to avoid inflation. In fact, crypto evangelists cite examples of African communities and countries like Venezuela to describe how digital coins could provide security from central banks’ policies and subsequent inflation in times of crisis. дальше »
2018-9-13 14:11 | |
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IMF Pressures Marshall Islands to Drop National Crypto
The International Monetary Fund (IMF) has exerted pressure on the Marshall Islands to torpedo its proposed crypto. The move by the Washington-based global financial institution has been cited as evidence of the steps central bankers will take to thwart cryptocurrency adoption. дальше »
2018-9-12 06:35 | |
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New Study Finds Cryptocurrency to be an Ineffective Means of Terrorist Financing
A new study published by the Foundation for Defense of Democracies (FDD) Center has concluded that, for the time being, cryptocurrency appears to be a largely ineffective means for terrorist financing. дальше »
2018-9-12 05:31 | |
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Tired of Bank Bailouts and Hyperinflation? Bitcoin Offers Something Different
People often wonder why a cryptocurrency with a limited supply like bitcoin has been gaining traction over the years. Since the 2008 financial crisis, the world’s central banks have printed around $12-30 trillion worth of promissory notes, and more than $10 trillion in negative-yielding global bonds. дальше »
2018-9-11 06:45 | |
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Chinese Regulators Struggle to Halt Illicit Trading, Exchanges Switching Domain Names
The Chinese cryptocurrency ban is proving to be far more difficult for regulators to enforce than anticipated. The Central Bank of China released a July report announcing the success of the country’s cryptocurrency ban, stating that the influence of the Chinese Yuan on the cryptocurrency market—which previously accounted for 90 percent of global trading volume […] The post Chinese Regulators Struggle to Halt Illicit Trading, Exchanges Switching Domain Names appeared first on CryptoSlate. дальше »
2018-9-10 14:00 | |
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Iran Recognizes Cryptocurrency Mining as Industry
Iran has purportedly accepted cryptocurrency mining as an official industry. According to a high-ranking official, all related institutions have already agreed on it. A Breath of Fresh Air Iran has historically been fairly controversial in its stance towards cryptocurrencies. дальше »
2018-9-6 11:00 | |
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Indian Cryptocurrency Exchange to Process all “Stuck” INR Balances despite Central Bank Ban
Zebpay, an Indian cryptocurrency exchange , announced to all customers on September 4, 2018, outlining its intentions to return all INR balances to customer bank accounts, regardless of the country’s strict directive against doing so. дальше »
2018-9-6 09:00 | |
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Indian Securities Regulator Sends Officials to Japan, Switzerland and the UK to Study Cryptos
After the Indian central bank, the Reserve Bank of India (RBI) penned a ban on banking services to crypto-related entities, Indian market regulator Securities and Exchange Board of India (SEBI) has geared up to study digital assets more effectively. дальше »
2018-9-6 20:19 | |
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Crypto Companies to be Treated as Financial Institutions in Samoa
The small Asia Pacific nation of Samoa has declared that cryptocurrency companies in the country must abide by the rules and regulations guiding the operations and activities of financial institutions in the country. дальше »
2018-9-6 18:36 | |
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THE LARGEST INTERNATIONAL BLOCKCHAIN & CRYPTOCURRENCY CONFERENCE OF THE REGION
As known, Netherlands-based banking giant ING published a customer report recently where it was declared that Turkey is the leading cryptocurrencies owner among all European countries. The fact that the people in Turkey are heading to more technological innovations and current economic circumstances serve as an increasing factor for it. дальше »
2018-9-4 07:00 | |
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50 Percent Energy Rate Hike for Crypto Miners Approved in Central Washington State
The commissioners of a public utility district in central Washington State have unanimously approved a rate hike for cryptocurrency miners. The utility serves over 46,000 customers throughout the county. дальше »
2018-9-2 16:55 | |
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Russian Police Seize 22 Cryptocurrency ATMs in 9 Cities
Law enforcement officials in Russia have seized 22 BATMs installed at stores and restaurants in 9 different cities. The confiscation has been carried out on orders from the Prosecutor’s Office and the Central Bank, local media reported. дальше »
2018-9-2 04:50 | |
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Central Washington is Making Plans to Charge Bitcoin Miners x3 Of What They Currently Pay For Electricity Usage
This week, officials in Grant County, Washington, have voted to raise the electricity bills of companies that are classified to be in “evolving” industries. However this seems to be a veiled attempt to curb cryptocurrency mining in the rural county. дальше »
2018-9-1 16:12 | |
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Navigating Cryptocurrency Exchanges: Experts Weigh In
Although one of the primary goals of Bitcoin is to create a currency that is borderless and decentralized, a recurring concern is the way (other than mining) that we are able to actually acquire it and other cryptocurrencies. дальше »
2018-9-1 21:31 | |
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‘Totalitarian’ – Antonopoulos Slams India’s Identity-Based Digital Currency Plans
Andreas Antonopoulos has labeled plans from India’s central bank to create an identity-based national digital currency as “incredibly dangerous” as details emerge of a fresh crackdown on cash. ‘Democracy Dies’ In comments on Twitter August 30, the well-known cryptocurrency educator said India’s history of limiting cash availability to citizens and forcing through surveillance measures via its Aadhaar system would lead to the “death” of democracy. дальше »
2018-8-31 19:00 | |
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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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CONFIRMED Reserve Bank Of India Interested In Crypto After All
After an all out assault on cryptocurrencies in India by the central bank – The Reserve Bank of India (RBI) many speculated around why the RBI had decided to essentially bank cryptocurrency trading in the country. дальше »
2018-8-31 08:00 | |
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RBI Losing Sleep Over Negative Consequences of Cryptocurrency Ban
The Reserve Bank of India (RBI), the country’s central bank, is reportedly losing sleep over the unconsidered consequences of its cryptocurrency crackdown. Reports from the country indicate that the virtual currency market has mostly adapted to the environment created by the RBI ban with a shift towards peer-to-peer (P2P) platforms and crypto/crypto trading pairs. дальше »
2018-8-30 23:26 | |
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India Central Bank Considers Using a Digital Currency for Payments
Despite its fierce battle against cryptocurrency, India’s Central Bank, The Reserve Bank of India has set out to create a digital currency to be used for payments in the country. According to the Bank’s 2017-2018 annual report published on Wednesday, a committee of members from different departments has been set up to look into the […] The post India Central Bank Considers Using a Digital Currency for Payments appeared first on ZyCrypto. дальше »
2018-8-30 16:14 | |
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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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Cryptocurrency in Israel: Analysing the Likelihood of Mass Adoption
On August 26, 2018, the Jerusalem Post published an interesting story about the possibility of Israel adopting a state-backed cryptocurrency as Venezuela recently did, albeit for entirely different reasons. дальше »
2018-8-29 13:00 | |
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Venezuela’s Central Bank Unveils Android App for Bolivar to Petro Conversion
In a bid to push its new digital currency, the Banco Central de Venezuela, the country’s central bank, has recently launched an Android app. The app, known as “Calculadora Soberana”, allows users to convert their old Bolivar to the newly coined Bolivar Soberano, which is pegged to the country’s controversial Petro cryptocurrency. дальше »
2018-8-29 01:08 | |
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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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They Might Be Anti Crypto, But The Blockchain Is Still Sought After In India
India is a nation now known for its anti-cryptocurrency stance, yet they are still fostering a very positive attitude towards blockchain technology. I must note that in India, the people are very much pro crypto, but the Indian central bank, The Reserve Bank of India are very much against crypto, making moves to essentially ban cryptocurrency in the country. дальше »
2018-8-28 16:00 | |
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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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Iran Set to Make U-turn on Cryptocurrency Ban
Iran is reportedly considering going back on its cryptocurrency ban. This move comes as the government makes definitive steps towards creating a national virtual currency to circumvent U. дальше »
2018-8-29 13:55 | |
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As Central Banks Go Digital, Crypto Competition Looms
The race is on to build the best "stablecoin" – a cryptocurrency with mechanisms aimed to reduce price volatility built in. дальше »
2018-8-28 11:00 | |
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India’s Central Bank Forms New Research Unit to Study Cryptocurrency, Blockchain and AI
The Reserve Bank of India (RBI), the nation’s central bank, has formed a new research group focusing on emerging technologies like cryptocurrency, blockchain and artificial intelligence, the Economic Times reports. дальше »
2018-8-28 23:07 | |
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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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R3 Corda Blockchain to Power Bank of Thailand’s Central Bank Digital Currency
Bank Of Thailand To Launch R3-Based Digital Currency After partnering with multiple local financial institutions, the Bank of Thailand (BOT) has outlined its intentions to introduce its own cryptocurrency. дальше »
2018-8-27 19:57 | |
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Iran: Central Bank Figure Hints Cryptocurrency Ban Will End In September
Iran will likely reverse its cryptocurrency ban in September, a central bank official told a conference August 26, paving the way for official regulation in the country. Regulators Revisit April Exchange Block The country, which introduced a blanket ban on trading in April this year, has since seen economic turmoil return to its economy in light of fresh US sanctions, its national currency losing a significant chunk of its value since. дальше »
2018-8-27 13:00 | |
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India Central Bank Forms New Unit to Tackle Blockchain Regulation
India's central bank has formed a new unit within the organization to tackle research and regulatory frameworks for blockchain and cryptocurrency. дальше »
2018-8-27 12:30 | |
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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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Chinese Government Issues Warning Against Illegal Cryptocurrency Fundraising Activities
A coalition of Chinese regulatory bodies has issued a joint statement warning against illegal cryptocurrency trading and fundraising activities by “lawless elements” under the guise of “financial innovation” and “blockchain”. дальше »
2018-8-25 22:36 | |
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China’s Central Bank Warns on Blockchain, Cryptocurrency Frauds
The People’s Bank of China, along with other state agencies, published a warning of criminal activity related to blockchain and crypto projects, especially those resembling initial coin offerings (ICOs). дальше »
2018-8-25 14:15 | |
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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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Bank of Thailand to Launch State-Issued Digital Currency
The central Bank of Thailand (BoT) revealed on Wednesday plans to introduce a state-issued cryptocurrency on R3’s Corda blockchain. The move signifies the first such development in the South East Asian region. дальше »
2018-8-23 22:00 | |
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A New Central Bank Digital Currency is Coming to Thailand
Thailand could be the next country to unveil a central bank backed cryptocurrency following the footsteps of Venezuela, Tunisia, and Senegal. According to a Tuesday press release, the Central bank of Thailand is well on track to complete the first phase of a proof-of-concept trial for the new digital currency and hopes that this will […] The post A New Central Bank Digital Currency is Coming to Thailand appeared first on ZyCrypto. дальше »
2018-8-23 20:19 | |
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Bank of Thailand Develops Cryptocurrency Pilot Based on R3 Technology
The Bank of Thailand (BoT) – the country’s central bank has announced that it has made significant progress on its cryptocurrency pilot program. The country’s apex bank’s planned completion date for phase one of the project is Q1 2019. дальше »
2018-8-23 18:26 | |
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The Bank Of Thailand Are Developing A Wholesale Cryptocurrency
The Bank of Thailand (BOT) are the next central bank to weigh in on the cryptocurrency debate, and it looks to be good news this time. Sort of anyway. BOT want to develop a Central Bank Digital Currency (CBDC), a cryptocurrency that will be issued by the bank and regulated by the bank. дальше »
2018-8-22 17:30 | |
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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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