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Bitcoin Is A “Store of Value” Like Gold: The US Federal Reserve Chairman
Yesterday has been quite a historic day for the bitcoin and cryptocurrencies as the Fed and President of the US both talked about digital currencies. The Validation Of The Highest Order While answering questions before the Banking Senate Committee on Thursday, Jerome Powell was asked if a cryptocurrency system became prevalent throughout the globe, would […] дальше »
2019-7-12 16:01 | |
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Crypto Execs: Trump’s Bitcoin Quip is the “Biggest Bull Signal” for BTC Ever
Thursday was a crazy day for the Bitcoin (BTC) and crypto industry. Within that span of 24 hours, some of the world’s most powerful individuals commented on the cryptocurrency asset class, tipping their hand as to how governments may address this budding space. дальше »
2019-7-12 13:00 | |
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Facebook’s Libra crossed the Atlantic to Switzerland for regulatory certainty, claims US Congressman
Facebook crossed the Atlantic, leaving US Congressmen pointing fingers. Libra, the cryptocurrency project launched by Facebook could be left in the docks before it sets sail for Switzerland. After running into harsh winds at the hands of Jerome Powell, Federal Reserve Chair during his hearing before the House Financial Services Committee, the prospects for Facebook […] The post Facebook’s Libra crossed the Atlantic to Switzerland for regulatory certainty, claims US Congressman appeared first on AMBCrypto. дальше »
2019-7-11 18:30 | |
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U.S. Federal Reserve Puts Facebook’s Project Libra in the Hot Seat
The United States Federal Reserve Chairman, Jerome Powell, has joined the growing list of authorities calling for the head of Mark Zuckerberg and Project Libra. Powell says Libra’s global cryptocurrency poses serious concerns regarding money laundering, privacy, and a host of others reports CNBC on July 10, 2019. дальше »
2019-7-11 17:00 | |
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Altcoins fall below key support levels
The cryptocurrency market crashed by a strong margin with many altcoins falling below key levels. At press time, the collective market cap stood at $311 billion. The latest bearish trend came right after the US Federal Reserve chairman, Jerome Powell’s latest comment before the US House of Representatives Financial Services Committee, where he warned that Facebook’s Libra […] The post Altcoins fall below key support levels appeared first on AMBCrypto. дальше »
2019-7-11 11:00 | |
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Libra cannot go forward until Facebook addresses serious concerns: Federal Reserve Chair
You’ve been blocked? Less than a month after being formally unveiled, Facebook’s cryptocurrency project has run into its biggest roadblock. Jerome Powell, the Chair of the United States Federal Reserve stated that Libra ‘cannot go forward,’ until serious concerns regarding its working are addressed by the social media giant. дальше »
2019-7-11 10:00 | |
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Maxine Waters Grills Fed Chair Powell on Trump - And Crypto
After grilling Federal Reserve Chairman Jerome Powell on Capitol Hill about his agency’s response to Facebook's Libra "cryptocurrency," US Representative Maxine Waters finished her questioning by asking the central banker what he would do if Donald Trump “fired” him. дальше »
2019-7-10 18:35 | |
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Facebook Will Not Offer Calibra In India
Citing the Reserve Bank of India's restrictions on cryptocurrency, Facebook has ruled out offering its Calibra wallet service to the country but plans to work with regulators on possibly updating crypto legislation. дальше »
2019-7-10 00:23 | |
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India isn’t keen on Facebook’s Libra ‘cryptocurrency’
Facebook’s new digital currency Libra has received an early jolt from the Indian government. The authorities in Asia’s third-largest economy are no more keen on the social media giant’s project than any cryptocurrency that came before it. дальше »
2019-7-8 15:48 | |
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Macroeconomics, Federal Reserve’s expansionary monetary policies may have impacted Bitcoin’s price
The cryptocurrency market saw the price of Bitcoin pump on June 26, followed by a drastic fall on the 27th. The coin was expected to breach $14k last night but instead, it fell after reaching a value of $13,837. дальше »
2019-6-28 00:30 | |
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HSBC takes the crypto-leap; educates customers on Bitcoin, cryptocurrency and blockchain technology
Last year, India’s central bank, the Reserve Bank of India, had released a circular prohibiting banks from providing services to both individuals and business involved in trading or holding cryptocurrencies. дальше »
2019-6-27 18:30 | |
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Fed Chairman Swears ‘Very High’ Scrutiny Against Facebook’s Crypto Libra
Federal Reserve Chairman Jerome Powell said his agency – as well as the rest of the federal government – will be looking carefully at Facebook’s Libra cryptocurrency. The Unspoken Advantage of Large Companies Entering Crypto He promised that Facebook would be held to very “high” standards, implying that the social media giant should be able […] The post Fed Chairman Swears ‘Very High’ Scrutiny Against Facebook’s Crypto Libra appeared first on CCN Markets дальше »
2019-6-27 15:21 | |
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Fed Chairman Swears 'Very High' Scrutiny Against Facebook's Crypto Libra
Federal Reserve Chairman Jerome Powell said his agency – as well as the rest of the federal government – will be looking carefully at Facebook’s Libra cryptocurrency. The Unspoken Advantage of Large Companies Entering Crypto He promised that Facebook would be held to very “high” standards, implying that the social media giant should be able […] The post Fed Chairman Swears 'Very High' Scrutiny Against Facebook's Crypto Libra appeared first on CCN Markets дальше »
2019-6-28 15:21 | |
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Former Trump advisor Stephen Moore considers joining a ‘crypto central bank’
Stephen Moore, a former adviser to U. S. president Donald Trump, is considering joining Decentral, a cryptocurrency central bank. Moore recently lost out on a bit to join the board of the Federal Reserve and is reportedly looking to get involved in regulating the crypto industry. дальше »
2019-6-27 10:49 | |
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Bitcoin Can Erode America’s Hegemony on the World Reserve Currency
As bitcoin (BTC) surges in value, positive investment theses for digital assets are resurfacing. Those who have been involved in the space long enough understand the power bitcoin as a universal currency. дальше »
2019-6-27 09:00 | |
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Indian Legislators Divided Into Pro And Anti Cryptocurrency Camps
In April 2019, the draft of the ‘Banning of Cryptocurrencies and Regulation of Official Digital Currencies Bill 2019’ sent shock waves in the entire crypto community of India. Media reports suggest that holding, selling or dealing in cryptocurrencies such as Bitcoin could entail 10 years in jail. An RTI query filed revealed that the Reserve […] дальше »
2019-6-22 19:39 | |
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Bitcoin is a poor store of value compared to Australian dollars, claims Reserve Bank of Australia
As cryptocurrency makes a sheepish entry into the mainstream, every individual, industry, and nation is finally forced to choose sides between the status quo and the disruption. Numerous entities have also put forth their interests in the ecosystem through various gestures including partnerships, payment acceptance and trademark registrations. дальше »
2019-6-21 13:15 | |
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Australia’s Central Bank: It’s ‘Difficult’ to Imagine Mass Adoption of Bitcoin
By CCN Markets: After ten years, the Reserve Bank of Australia has decided that Bitcoin and other cryptocurrencies don’t pose a threat to Aussie dollars or other forms of fiat payment. The RBA concludes, after reviewing everything it knows about cryptocurrency, that it’s “difficult to envisage” an outbreak of Bitcoin users in the down under. дальше »
2019-6-21 10:55 | |
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Facebook’s Crypto Libra May Kill Launch in India, Its Biggest Market: Report
By CCN Markets: Facebook’s cryptocurrency Libra is expected to change the way payments are made across the globe when it launches next year, but there’s one market that the social media giant might be giving a miss – India. дальше »
2019-6-21 13:26 | |
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Australia: Cryptocurrency unlikely for retail payments, Facebook or not
The world is still processing the specifics of Facebook‘s Libra digital currency, but even the Reserve Bank of Australia (RBA) has realized it’s set to rub cryptocurrency purists the wrong way. дальше »
2019-6-20 12:38 | |
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Facebook Launching Libra Blockchain Testnet Backed by Libra Reserve Next Week
Coinspeaker Facebook Launching Libra Blockchain Testnet Backed by Libra Reserve Next WeekPer the report, Facebook and dozens of its partners will unveil the Libra Association, which will be based out of Geneva, as the entity that will oversee the company’s Libra cryptocurrency project. дальше »
2019-6-16 13:42 | |
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What Bitcoin Ban? Indian Central Bank Denies Involvement in Crypto Ban Bill
By CCN Markets: The Reserve Bank of India (RBI) has denied knowledge of a proposed bill which would see Bitcoin and crypto ownership in India made entirely illegal. Reports surfaced last week that lawmakers in India were working on legislation that could carry a 10-year prison sentence for anyone caught holding cryptocurrency. дальше »
2019-6-17 12:23 | |
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Is Cryptocurrency A Genuine Threat To Fiat Money?
Is fiat doomed? There are plenty in the crypto community who think so. One of the reasons crypto came to be was dissatisfaction with the current monetary system, in which the state is the sole creator of money and the fractional reserve system imposes systemic risks on most economies. дальше »
2019-6-15 18:10 | |
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Bitcoin and RBI: Is It A Case Of Murphy’s Law For BTC Supporters?
Bitcoin drop 7. 4 percent Reserve Bank of India could get a boost with the latest draft bill proposing more stringent measures against crypto investors and developers. Yesterday’s FUD that India’s legislators are proposing a ban of cryptocurrency mining, trading or holding did expose RBI’s underbelly. дальше »
2019-6-8 20:00 | |
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Reserve Bank Of India Denies Involvement In Proposed Bill To Ban Crypto
After a report suggested that several government departments had backed a complete ban on the “sale, purchase and issuance of all types of cryptocurrency" in India, the RBI issued a statement claiming to have had no involvement in the proposed law. дальше »
2019-6-7 19:32 | |
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India’s Reserve Bank of India denies participating in the plot to ban cryptocurrencies
Despite talk of India leading the tech revolution and the ‘Digital India’ campaign, the present government remains hesitant about embracing cryptospace. Consequentially, several crypto-businesses have either tasted the dust or found shelter in crypto-friendly countries such as Australia. дальше »
2019-6-5 16:00 | |
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Bitcoin Will be Much More Expensive in India Under Modi’s Government
By CCN: The re-election of Narendra Modi as India’s prime minister is going to make bitcoin trading come with a premium in the country. It is partially due to a full-fledged trading market that went underground abruptly owing to a blanket ban announced by the Reserve Bank of India (RBI). дальше »
2019-6-5 10:18 | |
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Bitcoin Trading Popularity Spooks Malawi Central Bank Warning Against Cryptocurrency
By CCN: The governor Reserve Bank of Malawi (RBM) has warned that cryptocurrencies are not legal tender and should not be used in place of the legal fiat currency, the Malawi Kwacha. According to local media, Dr. дальше »
2019-5-30 11:40 | |
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East Africa: Malawi Doesn’t Consider Cryptos a Legal Tender
“Not a legal tender” is a phrase that we have come across more often in the past 12 months than we ever did in the past. A report published on a local news agency Nyasa Times on May 27, 2019, informed that the Reserve Bank of Malawi has jumped on the bandwagon to declare thatRead MoreRead More. дальше »
2019-5-29 19:00 | |
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Tether Admits Buying Bitcoin with USDT Reserve
In a court transcript from a May 16, 2019, hearing between the New York Attorney General’s (NYAG) office and Tether, the sister company of Bitfinex, Tether has admitted that some of its reserves were also invested in bitcoin and other digital assets, reports The Block on May 21, 2019. дальше »
2019-5-23 13:00 | |
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Huobi Global to Celebrate Bitcoin Pizza Day by Offering up to 50% Off Bitcoin
Cryptocurrency trading platform Huobi Global has revealed that it would be celebrating the famous Bitcoin Pizza Day on Wednesday by selling the cryptocurrency at a discount rate for some traders on the exchange. дальше »
2019-5-21 16:59 | |
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Op Ed: A Summary of
In the latest on the ongoing legal dispute between the New York Attorney General (NYAG), cryptocurrency exchange Bitfinex and stablecoin issuer Tether, the New York Supreme Court has modified an April 24, 2019, preliminary injunction and now Bitfinex is allowed to continue using the Tether reserves that were loaned to it to maintain its ordinary course of business, such as paying employees and consultants. дальше »
2019-5-18 22:14 | |
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India: Lobby Groups Ask the RBI to Include Crypto, ICOs in Regulatory Sandbox
In a bid to ensure that India doesn’t fall behind in the global cryptocurrency race, tech industry lobby groups and crypto startup founders have asked India’s apex bank, the Reserve Bank of India (RBI), to include crypto-assets and digital tokens in its proposed regulatory sandbox framework for the fintech industry. дальше »
2019-5-17 13:00 | |
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Powerful Indian Tech Lobby Urges Central Bank to Favor Bitcoin Startups
By CCN: Dominant Indian tech lobby, NASSCOM, is pushing the Reserve Bank of India to be inclusive with cryptocurrencies like bitcoin in its regulatory sandbox to shape the future of the country’s fintech industry. дальше »
2019-5-17 11:01 | |
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India: Nasscom pushes Reserve Bank of India to consider crypto, crypto-related assets in its regulatory sandbox framework
In April 2019, the Reserve Bank of India [RBI] had announced that it was working on ‘Draft Enabling Framework for Regulatory Sandbox’. This draft had excluded Cryptocurrency, Initial Coin Offering, credit registry, and other crypto-related assets and there had been rumors of the government of India banning crypto. дальше »
2019-5-17 20:30 | |
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Indian Central Bank Being Pushed to Include Crypto in its Regulatory Sandbox
NASSCOM: Including crypto would help RBI develop a better understanding of risks Payments Council of India says crypto should be a part of the sandbox as there is no outright bank Technology industry lobby groups along with startup founders are asking the banking regulator, Reserve bank of India to include cryptocurrency in its proposed regulatory […] дальше »
2019-5-16 20:28 | |
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Huobi Prime to Partner with Reserve Protocol
Huobi, an international cryptocurrency exchange, has announced a partnership with Reserve Protocol on Huobi Prime, as officially announced, May 13, 2019. Reserve is launching a USD backed stablecoin with an innovative mechanism to peg it’s token to fiat. дальше »
2019-5-14 20:00 | |
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Major Influencer in Anti-Bitcoin Case in India Calls Crypto a Ponzi Scheme (Doesn’t Imply Bitcoin Is)
The Reserve Bank of India is due to finally conclude a case that will finally determine how cryptocurrency will be used within the country. However, Anurag Agarwal of the Ministry of Corporate Affairs could have a major influence – will he use that power towards the good of the crypto industry? Anurag Agarwal states that […] дальше »
2019-5-5 00:36 | |
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Crypto Exchange Bitbuy Passes Audit; Launches High-Frequency Trading Platform
Canada-based cryptocurrency exchange Bitbuy on May 2, 2019, announced that it has completed a Proof of Reserve and Security Audit to bolster its safety mechanisms. No Compromise The recent drama surrounding QuadrigaCX has forced crypto exchanges around the world to reassess their security mechanisms. дальше »
2019-5-4 13:00 | |
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Crypto exchange Bitbuy completes reserves audit, launches ‘Pro Trade’ and OTC Desk
CryptoNinjas Bitbuy, a Canada based cryptocurrency exchange company, has announced the release of its proof of reserve and security audit, along with announcements of new products and services. дальше »
2019-5-3 16:24 | |
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Bitbuy releases Proof of Reserve, Security Audit report to boost ‘consumer confidence’ after QuadrigaCX episode
Months after the QuadrigaCX episode first came to light, its effects are still being felt by the crypto-verse. The whole episode highlighted the fact that despite cryptocurrency’s design for a trustless world, trust is the currency for the survival of crypto-exchanges. дальше »
2019-5-3 14:30 | |
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Paxos (PAX) stablecoin now available on Kyber Network
CryptoNinjas Kyber Network, a liquidity protocol for cryptocurrency markets, has announced that the Paxos Standard (PAX) stablecoin is now available on Kyber Network, with liquidity through the Prycto Reserve. дальше »
2019-5-1 21:13 | |
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State of Cryptocurencies and Blockchain Technology in India
After the recent announcement of a bill that will potentially ban virtual currency in India, BTCManager has summarized reports from the Reserve Bank of India (RBI) and the litigation surrounding the current blanket ban. дальше »
2019-5-1 21:00 | |
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Bitcoin (BTC) – a new gold
The first cryptocurrency is often criticized in terms of technical characteristics. But in fact, it turns out that it is Bitcoin that reaches the level of world fiat money and even the level of a reserve or protective asset – such as gold. дальше »
2019-4-30 18:00 | |
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Bitfinex Faces Legal Action From NY Attorney General: Here’s What This Means
The New York Office of the Attorney General (AG) wants to take a closer look into the business operations of Bitfinex and related stablecoin issuer Tether (USDT). According to a legal petition filed with the Supreme Court of New York, the NY Attorney General Office of Letitia James is applying for a court order to investigate Bitfinex’s suite of interrelated companies (including its umbrella firm iFinex and Tether Holdings Limited) for “ongoing fraud” to the tune of $850 million. дальше »
2019-4-27 01:30 | |
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Crypto Scammin’ Church Ministers Steal $2.3 Million as OneCoin Promoters
By CCN. com: For cryptocurrency scammers, no grounds are too holy to scout for potential ‘investors’ as everyone, including churchgoers, is game. Based on an intelligence report from the New Zealand Financial Intelligence Unit (NZFIU), the Central of Bank of Samoa (CBS) has accused two ‘large churches’ in the Asia Pacific (APAC) country of assisting in the proliferation of the OneCoin cryptocurrency scam. дальше »
2019-4-26 19:10 | |
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Indian Government Mulling Blanket Ban on Cryptocurrencies
The government of India has drafted a bill to completely ban cryptocurrencies and regulate official digital currencies, reports The Economic Times, April 26, 2019. Things Go from Bad to Worse Since its inception, the growth of the Indian cryptocurrency ecosystem has been continually stalled due to government and Reserve Bank of India (RBI) diktats. дальше »
2019-4-26 19:00 | |
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India is Preparing a ‘Banning of Cryptocurrencies’ Bill
Bitcoin stakeholders in India are decrying the decision by the country’s central bank to exclude cryptocurrency-related businesses in its recently released regulatory sandbox for fintech firms. Meanwhile, reports have emerged that the government is looking to ban cryptocurrencies entirely. дальше »
2019-4-26 12:00 | |
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