India’s Finance Minister says crypto bill is ready for the Cabinet

India is one step closer to establishing regulations to govern the crypto sector after Nirmala Sitharaman, the country’s Finance Minister, said the Cryptocurrency and Regulation of Official Digital Currency Bill 2021 is ready. дальше »

274 +

Swiss bank UBS says Bitcoin is ‘unsuitable’ for institutional investors

Switzerland bank UBS said in its latest note to investors that the increased crackdown on the crypto market by China makes investing in Bitcoin and other crypto-assets “unsuitable.” UBS says stiffer regulations are coming According to the note, the latest crackdown on digital assets by the Asian country has affected the value of the coins […] The post Swiss bank UBS says Bitcoin is ‘unsuitable’ for institutional investors appeared first on CryptoSlate. дальше »

253 +

Fed chair met with Coinbase CEO Brian Armstrong and former House speaker in May

Armstrong said he had spoken about China’s central bank digital currency with lawmakers and heads of federal agencies, believing it to be "a threat to U.S. reserve currency status long term." дальше »

417 +

US Rep Warren Davidson Labels China’s DCEP A “Creepy Surveillance Tool”

Ohio’s State Representative Warren Davidson has said that in order to protect the US citizen’s rights and constitutional freedom, the country shouldn’t emulate China on matters concerning digital currencies but instead adopt decentralized digital ledger technology. дальше »

447 +

Enjin sells $20M of new EFI token, says ‘NFTs are the future of digital ownership’

Enjin, the team responsible for the ERC-1155 non-fungible token (NFT) standard, said Thursday it sold $20 million of its new EFI token via a CoinList sale that was held on June 24. Just over 40,000 people took part in the sale, buying out the quantities available in less than three hours. дальше »

310 +

Novogratz: China’s Bitcoin (BTC) ban was a positive in many ways

In a recent interview, Galaxy Digital CEO Mike Novogratz said Bitcoin had shown resilience in the face of FUD coming out of China. The post Novogratz: China’s Bitcoin (BTC) ban was a positive in many ways appeared first on CryptoSlate. дальше »

396 +

Betterment wants to jump into crypto space

Digital wealth management and investing platform Betterment is keeping an eye on crypto space with a view of offering digital asset-related investment opportunities to customers, Betterment CEO Sarah Levy said during a Yahoo Finance interview. дальше »

337 +

Payments Giant NCR Bringing Bitcoin Trading to 650 U.S. Banks and Their 24 Million Customers

Payments giant NCR and New York Digital Investment Group (NYDIG) are collaborating to allow 650 U.S.banks to offer bitcoin trading to their 24 million customers through their mobile applications. 24 Million Customers of 650 Main Street Banks May Soon Have Access to Bitcoin Trading New York Digital Investment Group (NYDIG) said Wednesday that 650 banks […] дальше »

371 +

Senator Lummis bought Bitcoin at $330: ‘one of the strongest stores of value’

Senator Cynthia Lummis (R-Wyo. ) is making a name for herself as one of the most vocal backers of Bitcoin (BTC/USD) in US politics. She said during the CNBC Financial Advisor Summit on Tuesday that she first bought the digital coin at $330 and has no intention of pocketing her large gains. дальше »

315 +

Demand for digital euro not yet clear, says BBVA exec

The European Central Bank should rely on public-private cooperation for issuing a digital euro, an exec at BBVA’s digital regulation team said. дальше »

229 +

Tanzania’s Central Bank says It’s Working on President’s Directive to Prepare for Bitcoin Adoption

The central bank of Tanzania said it is working on President Samia Suluhu’s directive to prepare for cryptocurrencies, which could reverse the ban put on digital assets in 2019. The new president came to power in March after the death of her predecessor John Magufuli and is much more open to foreign investment than him. дальше »

479 +

Nigerian secondary school will accept crypto payments despite regulatory uncertainty

"We believe one day digital money will gain more acceptance than paper money,” said school director Sabi’u Musa Haruna.

347 +

Bank of Israel deputy governor confirms digital shekel pilot is underway

Despite the pilot, the central bank's deputy governor said he was apprehensive about launching a full-scale CBDC in Israel, and referred to Bitcoin as a "pyramid scam." дальше »

351 +

ECB Executive: Digital Euro Can Protect Privacy Better Than Private Alternatives

A member of the European Central Bank's (ECB) said in an interview that the digital euro is more capable of protecting privacy than private alternatives because it will not focus on the commercialization of data. дальше »

450 +

Digital euro could drain 8% of bank deposits, Morgan Stanley says

Banks in smaller countries like Latvia, Estonia and Greece could be more seriously impacted by the digital euro, analysts said.

360 +

A ‘Significant Amount of Interest’ Pushes Goldman Sachs to Offer Ether Options & Futures Trading

Mathew McDermott, head of digital assets at the bank, said clients are eager to trade crypto assets at current prices, which are currently at a “more palatable entry point” following the “cleansing exercise” in terms of leverage reduction. дальше »

356 +

Charles Hoskinson hits back after billionaire calls Cardano a ‘cult’

Galaxy Digital CEO Mike Novogratz said over the weekend that he was ‘shocked’ over Cardano’s valuation while calling the community a weird cult. The post Charles Hoskinson hits back after billionaire calls Cardano a ‘cult’ appeared first on CryptoSlate. дальше »

392 +

Chinese workers will receive salaries in digital yuan

As part of the new cities program, some workers in Xiong’an will now receive salaries in digital currency from the PRC’s central bank. The authorities said in a statement that building smart cities involves experimenting with the digital yuan, driving innovation, use cases, and effectively promoting new regions and people. дальше »

223 +

Dogecoin Price Analysis: 14 June

Market mover Elon Musk made the headlines once again on guess what- yet another Bitcoin tweet. The eccentric Billionaire said that Tesla would resume transactions with the world's largest digital asseThe post Dogecoin Price Analysis: 14 June appeared first on AMBCrypto. дальше »

418 +

Long-Term Chart Clearly Shows Bitcoin Still in an ‘Uptrend’ But Biggest Macro Headwinds Looms Over Price

“BTC needs another major catalyst to regain momentum and combat some of the uglier charts in the near term,” said Kevin Kelly, co-founder and head of global macro at Delphi Digital, in his latest report. дальше »

1130 +

The CBN Says Nigeria Will Have a Digital Currency Before End of Year

Nigeria is likely to have its own central bank digital currency (CBDC) by the end of the year, an official with the Central Bank of Nigeria (CBN) has said. In his remarks following the bankers’ committee meeting, Rakiya Mohammed, who is the director of information technology at CBN, also revealed that this “digital currency would […] дальше »

424 +

Thailand’s SEC Has Banned NFTs And Meme-Based Tokens

Thailand’s Securities and Exchange Commission has issued guidelines barring crypto exchanges from supporting four different types of tokens. No More NFTs Or Meme-Based Tokens In a Friday announcement from the Thai SEC, the regulatory body said that Secretary-General Ruenvadee Suwanmongkol had approved crypto exchange guidelines, Notification 18/2564 on “Rules, Conditions and Procedures for Undertaking Digital […] дальше »

530 +

DeFi Project Arabic Cash Offers a Shelter During Correction. Final Round of Private Sale

United Arab Emirates Digital Economy Minister Abdullah bin Tawk al-Marri said cryptocurrency and asset tokenization are key to the country’s plans to double its gross domestic product. This means that new crypto projects will appear in the Arab World in the near future, which will differ in manufacturability, reliability and, most importantly, in scale. One […] дальше »

513 +

Winklevoss Not Selling Till $500,000 Bitcoin

384 +

ARABIC CASH launches third and final round of Private Sale

United Arab Emirates Digital Economy Minister Abdullah bin Tawk al-Marri said cryptocurrency and asset tokenization are key to the country's plans to double its gross domestic product. This means thatThe post ARABIC CASH launches third and final round of Private Sale appeared first on AMBCrypto. дальше »

420 +

China Pays $ 6.2 Million in Beijing Lottery for CBDC Trial

Beijing will give out 200,000 red envelopes worth 200 yuan to lucky applicants in a lottery to be launched in June. Fintech expert Su Xiaorui said that the giveaway is a trial to ensure the pilot work for digital renminbi has been done in an organized and market-oriented manner. дальше »

401 +

Russia’s Central Bank Chief Says CBDCs Are Necessary For Financial Systems

Russia’s Central Bank Chief Elvira Nabiullina said her country's decision to create a central bank digital currencies (CBDC) is due to its perceived benefits. Digital Ruble Prototype Would Be Launched This Year Speaking in a CNBC interview, the apex bank governor said Russia aims to roll out its Digital Ruble prototype by the end of […] The post Russia’s Central Bank Chief Says CBDCs Are Necessary For Financial Systems first appeared on BitcoinExchangeGuide. дальше »

466 +

Southeast Asia’s Largest Bank DBS Launches First Security Token Offering on Its Cryptocurrency Exchange

DBS, Southeast Asia’s largest bank, has launched its first security token offering (STO) on its cryptocurrency exchange. The DBS Digital Bond is priced at 15 million Singapore dollars. “We expect asset tokenization to increasingly become more mainstream,” said a DBS executive. дальше »

423 +

BNY Mellon Sets Up Crypto Unit in Ireland as Central Bank Says Bitcoin Is ‘of Great Concern’

U.S. banking corporation BNY Mellon is gearing up to offer crypto custody services out of Dublin where it has just established a digital hub. The news coincided with a stark warning issued by a top central bank official in Ireland who said people should only buy bitcoin if they’re prepared to lose money. BNY Mellon […] дальше »

586 +

OCC head requests greater collaboration of regulatory bodies

Michael Hsu, the Acting Comptroller of the Currency, recently said that the US regulatory agencies have to collaborate more in order to regulate the cryptocurrency industry. Essentially, the Comptroller requested that regulatory bodies create a ‘regulatory perimeter’ for cryptos and digital assets. дальше »

351 +

Dubai Authorities Warn Against Fake Digital Currency Dubai Coin

Dubai authorities issued a warning against a digital currency called Dubai Coin, stating that the token never received approval from any official authority.  Dubai Does Not Have an Official Digital Currency In a tweet on Thursday (Amy 27, 2021), the Dubai Media Office said that an unlicensed website was promoting the scam token and usingRead More дальше »

447 +

As The Market Struggles To Recover, Here Are 5 Cryptocurrencies Redditors Are Buying

Investor concerns about volatile technology stocks have been heightened by the wild collapse in cryptocurrency prices over the last week. Market analysts such as Cathie Wood, whose business, Ark Investment Management, is said to have the largest institutional investment in cryptocurrencies, have dismissed the recent drop in value of digital assets as a temporary setback, […] дальше »

378 +

LINK, AAVE, and Uniswap now added to the Wirex payments platform

Digital payments platform Wirex has listed 5 new cryptocurrencies from top DeFi players on its platform. These include AAVE, YFI, UNI, MKR, and LINK. The platform also said the tokens will be available for purchase without transaction fees for a limited time. дальше »

382 +

Mike Novogratz Doubts Dogecoin’s Future — ‘No Institution Is Buying DOGE, Retail Will Lose Interest’

Galaxy Digital CEO Mike Novogratz doubts the future of dogecoin. The billionaire investor said that “It likely doesn’t have long-term legs because no institution is buying it and at some point, retail will lose interest. дальше »

431 +

BoE Governor says ‘Huge Enthusiasm’ Around Crypto Assets Has Him Feeling ‘Skeptical’

Bank of England Governor Andrew Bailey continues to share his concerns about digital currencies. This time, he is warning about the danger of “getting carried away” with financial innovation. “I don’t want to be seen as a Luddite,” Bailey said on Monday in response to questions in the Treasury Committee in Parliament. дальше »

444 +

Russian Central Bank claims its digital ruble is in demand

The chairman of the Russian Central Bank said that the regulator sees high demand among commercial banks for the digital form of the ruble due to lower prices for banking operations and the ability to track transactions. дальше »

276 +

Federal Reserve Is Moving Forward with its Digital Dollar Plan; Starting with Publishing a Paper on CBDC

Talking about stablecoins' potential to enhance the payments system, Chairman Jerome Powell said they also “carry potential risks” to its users and the broader financial system. The post Federal Reserve Is Moving Forward with its Digital Dollar Plan; Starting with Publishing a Paper on CBDC first appeared on BitcoinExchangeGuide. дальше »

397 +

CBDC Digital Dollar Discussion Paper to be Released by Federal Reserve

Federal Reserve Chair Jerome Powell said the central bank will publish a discussion paper on its potential central bank digital currency (CBDC) in the summer. The post CBDC Digital Dollar Discussion Paper to be Released by Federal Reserve appeared first on BeInCrypto. дальше »

364 +

Institutional investors bought more Ethereum than Bitcoin last month

Bitcoin (BTC) witnessed the largest on record outflow last week, said the London-based digital asset manager CoinShares in a report earlier this week. The post Institutional investors bought more Ethereum than Bitcoin last month appeared first on CryptoSlate. дальше »

375 +

Black Thursday All Over Again? Analyst Explains Bitcoin Could Drop to $30,000

Bitcoin has been trending down for five days now. Another piece of bad news came Wednesday, as the People’s Bank of China said digital tokens can’t be used as a form of payment. After the announcement, both BTC and ETH saw a 5% drop. дальше »

338 +

Fitch Ratings: CBDCs May Disrupt Financial Systems if Risks Not Managed

Credit rating agency Fitch Ratings said that central bank digital currencies (CBDC) could disrupt financial systems as a result of disintermediation and cybersecurity threats. The post Fitch Ratings: CBDCs May Disrupt Financial Systems if Risks Not Managed appeared first on BeInCrypto. дальше »

365 +

Galaxy Digital Reports $860M in Net Income in Q1 2021 and Surpasses $1 Billion in AUM

Mike Novogratz’s Galaxy Digital reported a profitable Q1 2021 with $860.2 million in net comprehensive income, a complete turnaround from the $27 million loss in Q1 2020. Novogratz, founder, and CEO of Galaxy Digital said, “Galaxy Digital reported another consecutive record quarter, as net comprehensive income grew to $860 million from $336 million in the […] The post Galaxy Digital Reports 0M in Net Income in Q1 2021 and Surpasses Billion in AUM first appeared on BitcoinExchangeGuide. дальше »

382 +

Grayscale CEO talks Bitcoin after Tesla confusion

Tesla (NASDAQ: TSLA) CEO Elon Musk’s tweets have caused volatility in the crypto markets over the past week.   In light of the news over the past week, Grayscale CEO Michael Sonnenshein said on CNBC that the company continues to see institutional and corporate take up of digital currencies. дальше »

389 +

Does Mike Novogratz hold more than $5B in crypto?

In a recent interview, the Galaxy Digital founder said his crypto investments amounted to 85% of his net worth.

371 +

Hong Kong to expand pilots for cross-border use of digital yuan

The first phase of tests for use of the digital yuan across borders has been successful, the Hong Kong Monetary Authority has said. дальше »

403 +

Almost 90% Respondents Interested in their Insurance Products Having Links with BTC: Survey

About 46 million Americans now own Bitcoin, representing about 17% of the population over the age of 18, according to an NYDIG survey. Still, the majority, 53%, don’t own crypto assets, but 55% said that they would consider adding digital assets to their investment portfolio. дальше »

425 +

Online Marketplace eBay to Support NFT Transactions On Its Platform

Popular e-commerce company eBay has joined the non-fungible tokens (NFTs) train as the online retailer now supports non-fungible token (NFT) auctions on its platform. eBay Making Strides In Crypto Sector In a blog post, eBay said that it had updated its company policy to include the sale of digital collectibles like trading cards, images, or […] The post Online Marketplace eBay to Support NFT Transactions On Its Platform first appeared on BitcoinExchangeGuide. дальше »

396 +

Dogecoin’s Triumph Is A Snub Of The Monetary System

In accounting for Dogecoin’s phenomenal rise, Mike Novogratz, the CEO of Galaxy Digital, said it’s a middle finger to the system. He added that many people, Millennials and Gen Z, have turned to it because they are unhappy with the current financial system. дальше »

325 +

Bahamas central bank prepares national Sand Dollar push for summer

The Bahamas is beginning a push for national digital currency adoption this summer, the central bank's governor, John Rolle, said. дальше »

219 +

Irish firm Accenture to oversee 5 ‘digital dollar’ pilots in the U.S.

The Digital Dollar Project, a non-profit organization co-founded by former Commodity Futures Trading Commission (CTFC) chairman Christopher Giancarlo, plans to launch five pilot programs focused on central bank digital currencies (CBDCs) within the next 12 months, a report by Reuters said yesterday. дальше »

432 +