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Money is Changing with Venezuela’s Petro Crypto and Central Banks’ Digital Currencies (CBDC)
Earlier this year, in February, Venezuela has finally gone through with the launch of their national cryptocurrency, Petro. The coin was said to be the means of dealing with hyperinflation, as their native fiat currency, the bolivar, continues to lose its value almost constantly. дальше »
2018-12-19 19:40 | |
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New Report by the IMF Reveals That Central Banks are Exploring Digital Assets
The cryptocurrency markets have been in a downward spiral for the entirety of 2018. To the uninformed, it would… The post New Report by the IMF Reveals That Central Banks are Exploring Digital Assets appeared first on Invest In Blockchain. дальше »
2018-12-20 19:15 | |
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New Report by the IMF states Central Banks are Exploring Digital Assets
The cryptocurrency markets have been in a downward spiral for the entirety of 2018. To the uninformed, it would… The post New Report by the IMF states Central Banks are Exploring Digital Assets appeared first on Invest In Blockchain. дальше »
2018-12-19 19:15 | |
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Is Regulatory Uncertainty Preventing Banks from Using xRapid?
Earlier today, a tweet by @DiepSanh brought up a conversation as to why banking institutions are not using xRapid. The tweet explained that banking institutions were not using xRapid due to regulatory uncertainty when it comes to digital assets and that only payment service providers were using the blockchain based solution for cross-border payments. дальше »
2018-12-18 17:18 | |
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New Shakepay Feature Turns Your Spare Change Into Bitcoin
Mobile cryptocurrency exchange and peer-to-peer wallet Shakepay has announced a new product that allows its Canadian customers to buy bitcoin with spare change. Dubbed "ShakePay Change," the pre-launch of the service was announced in a Medium post. дальше »
2018-12-18 02:32 | |
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Central Bank of Egypt (CBE) to Explore Digital Currency Issuance Options
Banks all over the world are interested in creating cryptos. Now, the central bank of Egypt has decided to start tests for the creation of an electronic version of the Egyptian pound. The story was originally reported by the local media outlet Amwal Al Ghad on December 16. The sub-governor of the Central Bank of […] дальше »
2018-12-17 19:56 | |
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“Money Is Changing” Says IMF’s Christine Lagarde As Ripple’s Brad Garlinghouse Concurs The Notion
Virtual currencies expanded all over the world and in many different fields. Indeed, there are several central banks that are getting into digital currencies. There are many benefits of embracing cryptocurrencies or creating new ones. дальше »
2018-12-17 11:08 | |
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Banks Will Share The Same Fate as Telecom Companies, Says Inventor of VoIP Alex Mashinsky at Next Block Conference
Serial tech entrepreneur Alex Mashinsky tells the audience at the Next Block Conference today in Tel Aviv why blockchain technology and digital assets will force banks to offer free services in the future. дальше »
2018-12-13 21:35 | |
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“The banks want Bitcoin to fail” Cryptocurrency Enthusiast reveals
Cryptocurrency analyst and Founder of Morgan Creek Digital, Pompliano, whose presence in the cryptocurrency community is highly pronounced for his analysis geared towards institutional investors have spoken about the ill intentions behind new banks towards Bitcoin. дальше »
2018-12-11 20:17 | |
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Are Central Bank-backed Cryptocurrencies the Real Future of Blockchain Assets?
There have been discussions, since 2014, concerning central banks and the issuance of digital payment vehicles. The formal term, Central Bank Digital Currencies (CBDCs) are at the center of most of the discussions, which the Bank for International Settlements (BIS) and the International Monetary Fund (IMF) are heading. There has also been growth in the […] дальше »
2018-12-9 13:08 | |
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IBM blockchain head Jesse Lund:”Focus on the current buying opportunity, like most of the banks are quietly doing”
Jesse Lund is the Head of Blockchain Solutions, Financial Services at IBM. He leads IBM’s blockchain market development, digital currency strategy, solutions engineering and client engagement for banking and financial services. дальше »
2018-12-9 04:07 | |
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Coinbase is continuing to explore the addition of new assets
On December 7, a crypto exchange Coinbase announced it continues to explore the addition of new assets. According to the announcement,the company will be working with local banks and regulators to add them in as many jurisdictions as possible. дальше »
2018-12-7 18:44 | |
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Centralization? Ripple CEO says Custody For Digital Assets Like XRP Will Be Launched By Banks Next Year
Ripple CEO, Brad Garlinghouse told the audience at Singapore Tech Festival that 2019 will likely be the year when banks and other financial institutions will begin to provide custody for digital assets. дальше »
2018-12-4 15:56 | |
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Singapore, UK And Canada’s Joint Report Reveals Central Bank Digital Currency (CBDC) Payment Benefits
According to a brand new in depth report taken up and jointly published by the collective central banks of Canada, the United Kingdom and Singapore on November 15th, shed some profound light on the impact that Central bank Digital Currencies would have on interbank payments and transactions. According to the report, CDBC's would help improve […] дальше »
2018-12-4 11:48 | |
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Wyoming Passes Bill to Secure Banking Relations for Blockchain Companies
The state of Wyoming has passed a blockchain bill that allows banks to provide banking services to blockchain companies in the state. According to the legislative document, the new bill would create a new banking category called the Special Purpose Depository Bank, a group of financial institutions in the state that provide banking services to blockchain-based businesses. дальше »
2018-12-3 19:48 | |
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Outrage Over Union Bank of Nigeria’s Threat to Close Crypto-Related Accounts
Nigerian digital asset owners have reacted angrily to Union Bank’s threat to close all cryptocurrency-linked accounts. Investors have accused the local banking system of hypocrisy, asserting that banks are “unfit” and “scammers” that continue to steal from the poor through spurious charges such as ATM maintenance fees and SMS alerts. дальше »
2018-11-29 23:10 | |
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GreatBritishPoundToken ICO
Shopping online is meant to be ease . . Online shopping 'unease' with foreign currencies? Anxious about the privacy of your Credit/Debit card information? 'GBPT' is an online store that will offer electronic products from the top 10 Electronics brands and some more with most used products, not only this but also will offer the Best Bitcoin Mining Hardware (Bitmain). дальше »
2018-11-27 16:02 | |
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Nouriel Roubini Claims Central Bank Cryptos (CBDCs) Are Looking To Lock Out Bitcoin And Digital Assets
Nouriel Roubini a professor and notorious business economist recently stated that CBDCs or the digital currencies being introduced by the various Central Banks around the world posed a real and serious danger for the current crop of cryptocurrencies. дальше »
2018-11-26 12:16 | |
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CBDCs (Central Bank Digital Currencies) Will “Shut Out” Bitcoin, Nouriel Roubini Says
Notorious New York University (NYU) Stern School of Business economist and professor Nouriel Roubini mentioned that Central Bank Digital Currencies (CBDCs) represent the new technological advance capable of destroying cryptocurrencies and strengthening the current economic system. дальше »
2018-11-25 21:46 | |
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Dr Doom Claims Central Bank Digital Currencies Could Destroy Crypto
If central banks issue their own digital currencies, then it would destroy cryptocurrencies like Bitcoin, wrote Nouriel “Dr. Doom” Roubini in his latest column. The article, titled “Why central bank digital currencies could destroy crypto,” saw the American economist building up his rants against the cryptocurrency space. дальше »
2018-11-22 20:00 | |
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Cornell Uni Professor: Digital Currencies Could Allow Central Banks to Stay in the Game
Cornell University professor Eswar Prasad is the latest prominent figure to come out in support of digital currencies, suggesting that central banks should issue their own currencies in order to remain in the money game, Bloomberg reported on November 19, 2018. дальше »
2018-11-21 14:00 | |
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Op Ed: SEC’s Latest Declaration Creates Legal Minefield for Digital Assets
On November 16, 2018, the U. S. Securities and Exchange Commission (SEC) issued a public statement clarifying its intent to regulate activities involving the issuance and trading of digital assets. дальше »
2018-11-21 01:44 | |
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Op Ed: It’s Time to Reject Mediocrity, #ExitFiat and Embrace Bitcoin
When the towers in New York fell, I became obsessed with economics. I wanted to follow the money to understand what happened on that dreadful day. During that time of inquiry, I found myself very interested in Austrian economic theory. дальше »
2018-11-21 19:26 | |
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Roel Wolfert: ‘Cryptocurrency Will Just Be a Normal Part of Life’ [Interview]
Bitcoinist recently caught up with Roel Wolfert, co-founder of WHIRL, a socially driven crowdfunding platform built on the blockchain. Roel Wolfert is an expert in digital payments and serves as the COO at Transtrack International, which provides software to banks, governments, and organizations to manage their cash supply chain. дальше »
2018-11-20 14:00 | |
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ECB Official Decries Bitcoin as ‘Evil Spawn’ of Financial Crisis, Ripple Consolidates Lawsuits
In recent regulatory news, an executive board member of the European Central Bank (ECB) has given a dismissive appraisal of bitcoin and rejected the prospect of central banks issuing state-backed digital currencies in the foreseeable future. дальше »
2018-11-16 19:10 | |
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3 Global Central Banks Propose Digital Currencies to Ease Cross Border Transactions
In a November 2018 report by the Bank of Canada, Bank of England and the Monetary Authority of Singapore, emerging technologies and opportunities in the banking industry have been explored including the use of Wholesale Central Bank Digital Currencies. дальше »
2018-11-16 16:05 | |
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IMF Head Lagarde Urges Central Banks to Consider Issuing Digital Currencies
On November 14, 2018, the International Monetary Fund’s (IMF) Managing Director Christine Lagarde is of the opinion that governments and central banks should look into issuing state-backed digital currencies, witnessing the global shift to cashless economies. дальше »
2018-11-15 22:00 | |
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IMF Head Christine Lagarde Calls For Central Banks Digital Currencies
CoinSpeaker IMF Head Christine Lagarde Calls For Central Banks Digital Currencies IMF’s Managing Director called for central banks digital currencies, stating that they could provide financial inclusion, security, and consumer protection, which can not be offered by the private sector. дальше »
2018-11-15 11:37 | |
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Bitcoin ATMs Most Common Scam Payment Method in Australia
The Australian Taxation Office (ATO) has warned taxpayers to be “on high alert” for phone scammers demanding payment through bitcoin ATMs. It said payments via BTC cash machines have now overtaken iTunes vouchers as the most common method of scam payment reported to the tax authority. дальше »
2018-11-15 07:35 | |
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IMF Chief Calls for Central Banks to Consider Issuing Digital Currencies
International Monetary Fund (IMF) Chair Christine Lagarde has called for central banks to consider the possibility of issuing Central Banks Digital Currencies (CBDC), describing them as potential tools of financial inclusion and consumer protection. дальше »
2018-11-15 05:00 | |
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IMF Head Makes Case for Central Bank Digital Currencies In Recent Speech
With contributing reporting from Jimmy Aki. Christine Lagarde, head of the International Monetary Fund (IMF), suggested a new course of action for central banks around the world: turn their fiat currencies digital. дальше »
2018-11-15 22:38 | |
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IMF Chairwomen: ‘We Should Consider Issuing Central Bank Digital Currencies’
Christine Lagarde, from the International Monetary Fund (IMF), has affirmed that governments and central banks all over the world should work towards setting up their own cryptos. The statement was made at the Singapore Fintech Festival, which is happening this week in Singapore. дальше »
2018-11-14 22:30 | |
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IMF Head: Central Banks Should Consider Issuing Digital Form of Money
The winds of change are sweeping the financial sector, at least according to Christine Lagarde, the managing director of the International Monetary Fund (IMF). Speaking at the Singapore Fintech Festival on Nov. дальше »
2018-11-15 20:44 | |
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IMF’s Lagarde Says It’s Time to Consider State-Issued Digital Currencies
Head of the International Monetary Fund, Christine Lagarde, said that central banks should consider issuing state-backed digital currency. The IMF head gave her advice during a speech delivered at the Singapore Fintech Festival. дальше »
2018-11-14 17:00 | |
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IMF: Governments and Banks Should Setup and Control Their Own Cryptocurrencies
Speaking at the Singapore Fintech Festival this week International Monetary Fund head, Christine Lagarde, said that governments and central banks should work towards setting up their own digital currencies. дальше »
2018-11-14 15:00 | |
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Ripple CEO Asks IMF Deputy: Don’t Central Banks Already Issue Digital Assets-Versions of Their Fiat?
CEO Ripple, Brad Garlinghouse stood beside IMF Deputy General Counsel, Ross Leckow in a presentation on their opinions on digital currencies during the Singapore Fintech Festival. The pair were asked questions on their views about the current digital asset market and the role of central banks by the audience. Conservative Counsel As a high ranking […] дальше »
2018-11-14 10:25 | |
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CentCoin ICO
From our point of view and the entire cryptographic community, the lack of innovation within the field of financial heritage management, means we remain anchored to the past. The opportunity that is being offered to us to start being part of the leaders of the new digital era has never been so great and enormously beneficial for all. дальше »
2018-11-8 08:33 | |
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The 800 Pound Gorilla: Digital Asset Adoption
The adoption of digital assets by mainstream financial services was a critical topic at Swell 2018. The first ever Blockchain in Payments Report, released during the event, found that banks and payment providers around the world are not only interested in using digital assets, they also understand the value of using them for the purposes … Continued The post The 800 Pound Gorilla: Digital Asset Adoption appeared first on Ripple. дальше »
2018-11-7 21:14 | |
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IBM report: 1 in 3 central banks are trialing a digital currency
A report co-authored by IBM and the OMFIF has revealed that central banks are continuing to maintain their distance from the cryptocurrency sector - but are working on creating their own digital currency offerings, albeit at a slow pace. дальше »
2018-11-7 14:00 | |
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The Future Stellar Lumens [XLM] $1.00 Prediction Turning Visible
In the case of businesses dedicated to facilitating payments between individuals, the choice of which blockchain to use and which fintech to hire is of vital importance for their growth. However, the relationship between crypto and fiat based fintechs has concluded with a growth in exposure of digital currencies. дальше »
2018-11-3 11:38 | |
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Op Ed: Bitcoin’s Energy Consumption Is Neither Frivolous Nor Excessive
As the CEO of Hut 8, one of North America’s largest cryptocurrency miners and the world’s largest publicly traded cryptocurrency miner, I’m often asked questions about energy consumption in the mining of cryptocurrency. дальше »
2018-11-1 23:35 | |
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Standardized Specifications for Enterprise Version of Ethereum Announced
On October 29, 2018, the Enterprise Ethereum Alliance (EEA) announced in Prague at DevCon 4 two new software specifications that will help businesses standardize future code developments on an enterprise version of the Ethereum blockchain. дальше »
2018-10-31 22:19 | |
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IBM Survey: No Major Central Bank Will Implement CBDCs in the Near-Term
A report on central bank digital currencies has found that 61% of institutions don’t think a blockchain is necessary due to low efficiency gains during trials. IBM Survey Finds That Central Banks Won’t Be Introducing CBDCs in Near-Term The report was conducted by IBM and the Official Monetary and Financial Institutions Forum (OMFIF). дальше »
2018-10-28 21:00 | |
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IBM Reports on Central Banks Indecisiveness in Handling Digital Fiat as Most Top Financial Firms Show Crypto Support
According to a recent joint study made by IBM World Wire and the Official Monetary and Financial Institutions Forum, has discovered that the major global financial institutions in the world believe that the central banks should developed “central bank-issued digital currencies” (CBDCs). дальше »
2018-10-26 01:50 | |
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Report: Central banks split over how to issue digital fiat currencies
IBM and the Official Monetary and Financial Institutions Forum (OMFIF) have released details of a joint investigation into the effectiveness of central bank digital currencies (CBDCs) as a replacement for government-issued fiat. дальше »
2018-10-25 16:54 | |
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