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Spanish Central Bank Backs Cryptocurrencies in New Report

Central banks around the world have had hawkish, unfavorable views towards cryptocurrencies. However, the Spanish Central Bank, Banco de Espana (BDE), stands as a striking contrast. The regulator has released a report in which it states that the use of digital currencies, especially when there is a digital version of the state currency, will help in […] Spanish Central Bank Backs Cryptocurrencies in New Report was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-8-7 19:29


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XRP-Centric SBI Holdings Partners with China’s OneConnect that serves 468 Banks and More

In the most recent financial report by SBI Holdings, the firm had mentioned how it would continue to expand its reach globally by creating synergies/partnerships/joint ventures through the establishment of a new ecosystem based on digital assets that will further achieve the following: Expand investments into domestic and overseas digital asset based ventures Pursuit of […] The post XRP-Centric SBI Holdings Partners with China’s OneConnect that serves 468 Banks and More appeared first on Ethereum World News. дальше »

2018-8-7 19:18


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Another Major Swiss Bank Begins Accepting Cryptocurrency Assets

Yet another major Swiss bank, Maerki Baumann Private Bank in Zurich, announced it will begin accepting cryptocurrency. Setting the Tone? In July 2017, Switzerland’s Falcon Private Bank announced that it will be storing and trading Bitcoin within its very own asset infrastructure, challenging the status quo as most banks in the country refuse to accept cryptocurrencies. дальше »

2018-8-7 02:00


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Bitcoin Backers Bank on Galaxy Digital in Canada

News Coming off fresh first quarter losses undeterred, giant cryptocurrency merchant bank, Galaxy Digital, began trading on the Toronto Stock Exchange August, 1, 2018. His interview otherwise ought to have been triumphant, representing one of the earliest cryptocurrency-oriented merchant banks to be listed formally on a major stock exchange. He was in Toronto for just дальше »

2018-8-1 20:54


Novogratz’s Galaxy Digital to Make Public Debut on Toronto Stock Exchange

Mike Novogratz’s merchant bank, Galaxy Digital, will be going public on Toronto’s TSX Venture Exchange on August 1st, making it one of the first ever public cryptocurrency focused merchant banks. In an interview with Bloomberg, Novogratz expressed some concerns with the upcoming IPO, mainly centered around the decline in the cryptocurrency markets. дальше »

2018-7-31 22:15


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EU Parliament Report Reveals How Banks Could Beat Bitcoin

A recent report released by the Policy Department of the European Parliament explains how central bank-issued cryptocurrencies outcompete Bitcoin. EU Parliament Draws Up Battle Plans Against Bitcoin A recent report from the Policy Department of the European Parliament, titled Competition Issues in the Area of Financial Technology (FinTech), warns about some of the challenges Bitcoin will have to overcome. дальше »

2018-7-24 02:00


Cryptocurrencies in India are at par with electronic means of payment, states the Law Commission of India

The Reserve Bank of India [RBI] has appealed for a ban on cryptographic forms of money, as to preclude the banks for conversion of digital currencies into Indian Rupee [INR]. On 3rd July, the Supreme Court of India [SC] held the hearing of Internet and Mobile Association of India, IAMAI vs RBI. According to the reports, […] дальше »

2018-7-24 00:15


A study on issues of competition in fintech, commissioned by the European Parliament Committee on Economic and Monetary Affairs was published July 20. It found that central bank-issued digital currencies could be a “remedy” for a lack of

Europen Union Study shows central banks coming together with their own digital currencies, i.e., CBDCs could mean an end of the journey for the decentralized digital tokens. Bitcoin has been struggling for quite some time for its mainstream adoption, as crypto investors and enthusiasts are waiting for developers to bring a robust scalability solution. On дальше »

2018-7-23 18:43


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HSBC Not Interested in Cryptocurrency Speculation, Supports Tokenization and Blockchain Technology

Banks and cryptocurrencies have not always been the best of friends, though the former is beginning to loosen up a bit.  In the latest development, HSBC’s Global Head of Digital said on July 19, 2018, that the finance heavyweight is taking a ‘”cautious” approach towards cryptocurrencies due to the super volatile nature of digital assets. дальше »

2018-7-21 17:00


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Bitcoin and Other Cryptocurrencies Not Significant Threats – Says US Federal Reserve Chairman

While a good number of central banks see bitcoin and other cryptocurrencies as significant threats to their survival, the United States Federal Reserve Chairman, Jerome Powell, said on July 18, 2018, that the exponential growth in the price of bitcoin and the increasing adoption of cryptos doesn’t bother him. дальше »

2018-7-21 13:00


How The Most Valuable Crypto Companies Could Become Blockchain-Based Banks

Giant Cryptocurrency Firms Take A Leap, Possibly Establishing Banks? The notion of cryptocurrencies first stemmed in 2013 through the first ever digital currency, Bitcoin. While it took some time to get used to hearing “Bitcoin”, which to this day is somewhat problematic, between the years 2017 and 2018, more consumers have become cryptocurrency investors. With […] дальше »

2018-7-19 14:47


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FSB Look Into Volatility Threats Posed By Bitcoin

The Financial Stability Board (FSB) have recently stated they want to look into possible volatility threats posed by the likes of Bitcoin. The Switzerland-based Financial Stability Board stated on Monday that the digital currencies have raised concerns regarding the protection of users and the investors since there it little known about banks exposure to them. дальше »

2018-7-18 23:00


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Bitfinex Join Forces with Market Synergy to the Hoorah of Professional Cryptocurrency Traders

In a bid to offer state-of-the-art, robust, and high-performance connectivity for its institutional clients, on July 11, 2018, Bitfinex announced a strategic alliance with Market Synergy, a highly reputable Swiss-based company whose primary objective is providing security and standard fail-proof connectivity for digital asset firms, banks, brokers and hedge funds alike. дальше »

2018-7-13 19:30


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The Genesis Files: With Bit Gold, Szabo Was Inches Away From Inventing Bitcoin

As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name. дальше »

2018-7-13 17:16


Prominent Investor: Cryptocurrency Gives People an Easy Opt Out From US Dollar

Balaji S. Srinivasan, CTO of Coinbase and co-founder of Counsyl, Earn, Teleport, and CoinCenter tweeted out his response to the Bank for International Settlements’ critical warnings about cryptocurrency including that digital commerce will  ‘bring the internet to a halt,’ Srinivasan responded to the group’s warnings by tweeting  “Well, if central banks hadn’t created all those dollars,. дальше »

2018-7-7 15:00


Bermuda to Cater to Blockchain & Crypto Projects with Banking Act Amendment Plans

Bermuda Interested In Creating Blockchain Centric Banks The British island territory is bidding to put its name on the map as an outlier destination for FinTech innovation, having recently passed an ICO Bill and Digital Asset Business Act to attract companies in the blockchain and virtual currency space. The upcoming amendment to the Banking Act […] дальше »

2018-7-3 22:51


Granularchain: Blockchain Digital ID KEY By SmartCard Marketing Systems

SmartCard Marketing Systems Inc has announced the release of its  Blockchain solution offering Granularchain.com. SmartCard Marketing, Inc. (OTC:SMKG) is a Fintech solutions provider to the global payments industry delivering a cloud-based EMV Host platform to Issuing & Acquiring banks, telecoms & global enterprises Its Granularchain is a blockchain solution for creating digital ID keys for […] дальше »

2018-7-3 09:39


Decentralized Crypto Exchange Trade.io Starts Promotional Campaign With a $100,000 Luxury World Tour as Prize

Trade.io is a crypto exchange that has been designed to provide an efficient, fair and safe marketplace for the trading of digital crypto assets. Based on blockchain, the platform banks on the immensely high speed, security and low cost of operations to provide services that outpace even the best exchanges today. Disclosure: This is a […] дальше »

2018-6-29 16:30