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Bank of Canada and Singapore Financial Watchdog Exchange Digital Currency on Blockchain
Bloomberg reports on May 2, 2019, that the Bank of Canada and Monetary Authority of Singapore (MAS) have successfully sent each other digital currencies using blockchain technology. This marks the first instance of such a transaction between two central banks. дальше »
2019-5-3 19:00 | |
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Crypto Payments: Canada and Singapore Central Banks Send Each Other Digital Currencies
By CCN. com: The Bank of Canada and the Monetary Authority of Singapore (MAS) has conducted a successful pilot test of central bank-backed crypto assets to clear cross-border and cross-currency payments. дальше »
2019-5-2 14:33 | |
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Top Five (5) Blockchain Technology Use Cases For Central Banks
Introduction The coming of Bitcoin, Altcoin and blockchain technology has met with so much criticism in the early days. The new innovations these digital currencies came with were hugely criticized especially by financial institutions and central banks in general. дальше »
2019-4-30 22:50 | |
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IBM and the Brave New Financially Inclusive World: What Unbanked to Big Banks Entails
The introduction of digital currencies such as Bitcoin created a rush of people to proclaim that a revolution was in the offing. That we, the people, would be set free from the shackles of central bankers and retail banks, and be in complete control of our money. дальше »
2019-4-29 23:32 | |
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Here’s how Bitcoin performed in Q1 2019
Bitcoin is the cryptocurrency OG, it started it all and redefined the field of digital currencies. It was released the pseudonymous Satoshi Nakamoto in their seminal white paper. The original idea was to create an online peer-to-peer cash that allowed users to exchange value online without being required to reveal their identity. дальше »
2019-4-25 17:27 | |
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Central Bank Digital Currencies Take Center Stage at IMF Spring Meetings
Central bank digital currencies (CBDCs) featured prominently when global financial leaders met for this year’s World Bank Group and International Monetary Fund (IMF) joint Spring Meetings in the United States. дальше »
2019-4-17 20:45 | |
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Cryptocurrencies Will Never Be Able To Substitute the Currency Issued by a Central Bank, Says Romanian Bank Official
A Romanian Central Bank official has said that it not necessarily true that digital currencies issued by central banks… The post Cryptocurrencies Will Never Be Able To Substitute the Currency Issued by a Central Bank, Says Romanian Bank Official appeared first on Invest In Blockchain. дальше »
2019-4-18 14:07 | |
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An Introductory Guide to Staking Cryptocurrencies
Similar to traditional financial ecosystem where strict guidelines govern the way new fiat currencies are minted by central banks, the decentralized world of blockchain-based cryptocurrencies have several consensus algorithms (proof-of-work (PoW), proof-of-stake (PoS), delegated-proof-of-stake (DPoS), and others which leverage different principles to mint new coins, secure a distributed ledger and partake in governance. дальше »
2019-4-8 17:00 | |
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Cryptocurrencies Continue Expanding in Both Slovenia and Croatia via Bitcoin City Growth
Virtual currencies have expanded all over the world, including in Slovenia and Croatia. Now, the number of firms that are accepting cryptocurrencies in the region is also growing. After reaching shipping centres, Elipay is now moving forward and integrating around 300 stores in Slovenia. дальше »
2019-4-7 19:23 | |
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Central banks looking to cryptocurrency to replace cash
A central bank digital currency (CBDC) would see central banks distribute digital money which could be redeemed for their respective domestic fiat currencies. In the case of an American CBDC, this would be the US dollar or in Russia, this would be a “Cryptoruble. дальше »
2019-4-6 12:00 | |
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Dr Doom Shares Blockchain Gloom, Says Central Bank Digital Currencies Won’t Run as Base Layer
Nouriel Roubini, an American economist and infamous cryptocurrency critic has debated that blockchain technology will not be the basis on which central bank digital currencies (CBDCs) will be adopted. дальше »
2019-4-5 17:27 | |
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WEF: 44 центральных банка могут запустить свои криптовалюты
Банковские регуляторы десятков стран могут проигнорировать призыв со стороны BIS. Аналитики компании-организатора Всемирного экономического форума (WEF) выпустили доклад, в котором заявлено, что в настоящее время центральные банки 44 стран мира проводят обкатку различных блокчейн-решений. дальше »
2019-4-4 12:15 | |
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Pakistan Introduces Crypto Regulation
The Pakistani government will now regulate local cryptocurrency firms under new legislation. Local news outlet The Express Tribune reported that the government of Pakistan will introduce Electronic Money Institutions (EMI) regulations based on the recommendations of the Financial Action Task Force (FATF). дальше »
2019-4-2 01:33 | |
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Pakistan Regulates Cryptocurrency to Prevent ‘Terrorism Financing’
Pakistan has announced plans to regulate cryptocurrencies in accordance with recommendations of the Financial Action Task Force (FATF). The regulations will be introduced immediately. Pakistan embraces digital currencies reluctantly Pakistan had previously taken a hard stance against cryptocurrencies, with the country’s central bank warning banks and other financial services providers against offering services that supported virtual currency transactions. дальше »
2019-4-1 12:04 | |
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South Korea: Central Bank Report States CBDCs Could Reduce the Role of Commercial Banks
On March 26, 2019, South Korea’s central bank published 2018 Annual Payment Settlement Report. In the report, the country’s apex bank has given a summary of research it conducted on central bank digital currencies (CBDCs). дальше »
2019-3-27 16:00 | |
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Bank For International Settlements (BIS) Believes Central Banks See Zero Value In CBDCs
Bank For International Settlements (BIS) Believes Central Banks See No Value In CBDCs Agustin Carstens, the general manager of the Bank for International Settlements (BIS) said that banks should be cautious when considering issuing central bank digital currencies (CBDCs). дальше »
2019-3-25 20:23 | |
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Bitcoin Critic Warns Central Banks Against Issuing Digital Tokens
One of the most vocal Bitcoin critics has cautioned central banks against issuing their own digital currencies, claiming that they are a threat to financial stability and monetary policy-making, as reported by Bloomberg on March 22. дальше »
2019-3-25 15:59 | |
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PwC Partner: Central Bank Digital Currencies Need to Be Stress-Tested by Big Companies
Pauline Adam Kalfon, a blockchain and financial services partner at PwC France, explained that central banks may start to accept the idea of issuing their own digital currency once big companies have stress-tested the technology, as noted on Forbes on March 22, 2019. дальше »
2019-3-25 12:00 | |
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Will Bitcoin Shine? After Ponzi Jab, BIS Boss Says CBDC Destabilizing
Bitcoin price under pressure Carstens of BIS against central bank digital currencies (CBDCs) Volumes low and drop below or above Mar 21 high-lows must exceed 13k According to BIS’s Carstens, central banks shifting to CBDCs will destabilize the economy. дальше »
2019-3-24 20:00 | |
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BIS Chief Doesn’t Want Central Banks To Issue Cryptocurrency
BIS (Bank of International Settlements) General Manager, Agustin Carstens, has been at it again. This time arguing against Central Bank Digital Currencies at the Central Bank of Ireland’s Annual Whitaker Lecture. дальше »
2019-3-24 18:00 | |
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BIS Manager: Bank-Issued “Crypto” Will Make for “Unpredictable” Consequences
The manager of the Bank of International Settlements (BIS) has voiced opposition to the initiatives proposed by JP Morgan and other banks to issue their own digital currencies, which borrow from the design of crypto, whilst omitting its truly liberating features. дальше »
2019-3-23 00:00 | |
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Poland’s BitBay Exchange Introduces Crypto to Fiat OTC Trading Desk Service
Poland-based cryptocurrency trading platform, BitBay, has announced the introduction of an OTC trading desk for its clients. The exchange, which happens to be the biggest of its kind in Central and Eastern Europe, has also confirmed the support cryptocurrency/fiat trading pairs. дальше »
2019-3-23 23:43 | |
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Questions Arise About India’s Understanding of Implementing Bitcoin Regulations Thoroughly
India is currently moving towards unclear and clueless Bitcoin (BTC) and cryptocurrency regulations. Although there are several ways to regulate digital currencies, India seems not to have a clear path about what they want to achieve. дальше »
2019-3-8 19:49 | |
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Andreas Antonopoulos Says More State-Sponsored Cryptocurrencies are Coming to Eliminate Cash
Andreas Antonopoulos, a Bitcoin (BTC) proponent and the author of Mastering Bitcoin, talked during a Q&A video about state-sponsored digital currencies. During the last years, there have been several analyses performed by financial institutions such as central banks regarding the issuance of central bank digital currencies (CBDC). дальше »
2019-3-1 19:37 | |
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Russia to Regulate Crypto While Launching its Own Oil-Backed Cryptocurrency
Russia’s State Duma is planning to pass a resolution on a pending cryptocurrency regulation bill, reported a local source. Oleg Nikolayev, a member of the State Duma Committee on Economic Policy, said that the Russian assembly house had led cryptocurrency regulations to its final stages. дальше »
2019-2-24 17:04 | |
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Kenyan Crypto Adoption and Trading Grows Despite Warnings from Regulators
Over the last two years, the Kenyan government and central bank have been discussing how to regulate bitcoin and other digital currencies. In March 2018, the Central Bank of Kenya warned the general public about cryptocurrency investments. дальше »
2019-2-24 03:50 | |
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IBM Exec Forecasts a Million-Dollar Bitcoin — When a Sat Will Equal a Cent
An IBM executive is unfazed by the current market realities, saying he sees Bitcoin (BTC) reaching a value of $1 million as a present possibility. Jesse Lund, vice president of Blockchain and Digital Currencies at IBM, shared his predictions at the IBM Think 2019 Conference, which took place February 12–15, 2019. дальше »
2019-2-23 00:42 | |
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University Of Luxembourg Researcher Says Central Bank Cryptocurrencies Concept Is Convo Worthy
Postdoctoral Researcher Believes That The Concept Of CBDCs Are Challenging To Launch, But Too Good To Ignore Hossein Nabilou is a postdoctoral researcher at the Facility of Law, Economics, and Finance at the University of Luxembourg. дальше »
2019-2-22 22:55 | |
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Luxembourg University Postdoc: Central Bank Digital Currencies Too Attractive to Ignore
A recent study by a University of Luxembourg postdoc claims that some central banks are considering launching CBDCs in spite of legal challenges
дальше »2019-2-23 16:04 | |
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Japan: Central Bank Releases Comprehensive Central Bank Digital Currency Report
The Bank of Japan (BoJ) has issued a working paper that details the numerable pros and cons of central bank digital currencies (CBDCs). Published on February 19, 2019, the paper explores hypothetical problem areas, how and when CBDC’s can be used, as well as speculating on the economic implications. дальше »
2019-2-21 21:00 | |
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Are Central Bank Digital Currencies (CBDCs) Net Positive Or Negative For Bitcoin And Crypto Assets?
Central Bank Digital Currencies (CBDCs) have been analyzed by several banking institutions around the world, specifically by several central banks in different countries. However, they are different than virtual currencies such as Bitcoin (BTC). дальше »
2019-2-17 14:42 | |
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Central Bank Digital Currencies Are a Trojan Horse for Bitcoin
Central bank digital currencies (CBDCs) and Bitcoin could scarcely be more different. One is permissioned, the other permissionless; one centralized, the other decentralized; one is censorable, the other censorship-resistant. дальше »
2019-2-16 18:04 | |
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New Bank Of Canada Report ‘Crypto Money’ Concludes Bitcoin Is An Aging Rockstar
The Bank of Canada has recently released a report related to Bitcoin and other virtual currencies. The report makes some observations regarding the cryptocurrency space, how it evolved and the future of Bitcoin (BTC). дальше »
2019-2-15 07:57 | |
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South Korean CBDC Researchers: Economy Could Suffer With Issuing Central Bank Digital Currency
Economy Could Suffer From Issuing Central Bank Digital Currency, Says South Korean Researchers Central bank digital currencies (CBDCs) are often created by banks in an effort to offer a comparable solution that is equivalent to fiat currency, though it doesn’t usually require replacing the country’s banknotes and coins. Built entirely on the blockchain, there are […] дальше »
2019-2-7 21:34 | |
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New Korean Report Slams Central Bank Issued Digital Currencies
A report from Bank of Korea (BOK) published this Thursday suggested that the use of central bank issued digital currencies could cause problems in the South Korean financial system. The report claims that the launch of such a currency could push interest rates up and cause a liquidity shortage. дальше »
2019-2-7 18:59 | |
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Mining Bitcoin or the ‘Crypto-Ruble’ Just Another Form of Counterfeiting, Claims Russian Banking Chief
The head of VTB Bank, a major Russian financial institution that sees the government as its majority shareholder, has compared bitcoin mining with counterfeiting. Andrei Kostin, who serves as the president and the chairman of the management board of VTB Bank, said Monday during an event that any person who prints digital money to replace Russian Ruble was counterfeiting the state-backed fiat. дальше »
2019-2-6 10:15 | |
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New Tencent Survey Shows Top Economists in China are Torn on Central Bank Digital Currency (CBDCs)
According to a recent survey that was conducted by Tencent’s fintech think tank, top economists in China are divided about Central Bank Digital Currencies (CBDCs) and their effect on the economy. Some of them believe that the effects could be very positive, while others think that they would have a negative influence. According to Jiemian […] дальше »
2019-2-4 21:33 | |
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Iran Lifts Bitcoin Ban to Make Way For ‘Crypto-Rial’
Iran has lifted the ban on Bitcoin and cryptocurrency as it takes another step towards its own sovereign cryptocurrency amid talks with foreign nations as potential partners. Iran Unbans Bitcoin, ICOs Today, Iran’s central bank has released an early draft of its cryptocurrency laws, lifting the previous ban on Bitcoin, cryptocurrencies, digital tokens, and ICOs, reports to Al Jazeera. дальше »
2019-1-29 16:00 | |
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