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China Advised to Slow Down Its Pace on National Digital Currency

With China reportedly speeding up the development of its national currency, the digital yuan, some researchers and government officials have called on the Chinese government to exercise caution. While Facebook’s Libra might be a threat, there are suggestions that the government should instead work with global regulatory bodies to regulate cryptocurrencies such as Libra. дальше »

2020-1-28 12:00


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Central Bank Cryptocurrencies Are Pointless, Says Ex-Federal Reserve Chairman

The perceived inevitability of central bank-issued digital currencies on a global scale has been a hot topic of discussion for a while now. With China reportedly going ever so close to releasing the world’s first nationalized digital currency, central banks in most major economies are under immense pressure to follow suit — or at least […] The post Central Bank Cryptocurrencies Are Pointless, Says Ex-Federal Reserve Chairman appeared first on BeInCrypto. дальше »

2019-11-14 11:44


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Tunisia Will Not Be Launching E-Dinar, Central Bank of Tunisia Responds

Just days ago, reports emerged that Tunisia had become the first country to issue a central bank-backed digital currency, dubbed the ‘E-Dinar. ’ The cryptocurrency would reportedly be launched on an obscure blockchain known as Universa — which the CEO of Universa, Alexander Borodich, called ‘the world’s fastest blockchain. дальше »

2019-11-12 16:01


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Class action lawsuit alleges Bitfinex’ Tether cost crypto market $1.4T

A brand new lawsuit alleges that cryptocurrency exchange Bitfinex and its sister company Tether manipulated the digital currency market. According to a lawsuit filed in New York over the weekend, Bitfinex and Tether “engaged in unfair, deceptive, untrue or misleading acts” by failing to disclose that Tether was not backed 1:1 to by the US dollar. дальше »

2019-10-8 14:43


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PayPal may be getting cold feet over Facebook’s ‘cryptocurrency’ Libra

Facebook’s ‘cryptocurrency’ Libra is reportedly on the verge of losing another one of its partners after Paypal pulled out of a key meeting in Washington on Thursday. According to the Financial Times, all 28 supporters of Facebook’s digital currency project were set to meet and discuss the ways in which Libra could overcome scrutiny from regulators. дальше »

2019-10-4 11:10


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Bitcoin traders in Israel fight bank lockouts with petition, lawsuits

Israel‘s Bitcoin fans have formally lodged a petition that demands the nation’s banks disclose internal policies for dealing with proceeds of cryptocurrency trading, Globes reports. The move follows a series of lawsuits filed against financial institutions that refuse to accept money generated by selling digital currency such as Bitcoin. дальше »

2019-8-20 19:19


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Texas regulator goes after cryptocurrency firm promising 900% returns in 2 weeks

Regulators in Texas have filed a cease and desist order against a New York-based cryptocurrency business promising a 900-percent return on investment in just two weeks. Forex and Bitcoin Trader, which was advertising on Craiglist Dallas, reportedly deals in cryptocurrency investments, commodity-based derivatives, and foreign currency trading. дальше »

2019-8-9 12:51


Philippines’ Central Bank Abandons Plans of Launching Own Cryptocurrency

Philippines’ Central Bank is reportedly ready to halt its planned launch of a digital currency and wait for at least five years. The Bangko Sentral ng Pilipinas, according to Phillstar Global, a local news outlet, is rethinking issuing its own digital currency as it monitors the global crypto space. Benjamin Diokno, the bank’s governor, spoke […] дальше »

2019-7-5 20:56


Hedera Hashgraph Reportedly Gives President the Boot After Already Hiring Replacements

Hedera Hashgraph, a major Enterprise blockchain firm fully backed by the Digital Currency Group and BlockTower capital has just revealed that its president, Tom Trowbridge has left the position. Trowbridge was a founding member of the company and had a few responsibilities including raising capital, managing the company's governance council and also ensuring the firm […] дальше »

2019-7-3 21:16


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Report: Facebook to Launch Cryptocurrency by End of June

Quoting a report by The Information, CNBC reported on June 5, 2019, that Facebook Inc. is expected to introduce its in-house cryptocurrency toward the end of June 2019. Facebook has Extensive Plans for its Cryptocurrency Facebook has managed to generate enormous excitement and mystique around its highly-anticipated digital currency, reportedly dubbed “GlobalCoin“. дальше »

2019-6-6 19:00