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European Central Bank Says Bitcoin Is Not Money And That It Is Their Right To Devaluate Currency
The European Central Bank, which acts as the central banking unit for 19 countries of the EU, has recently emitted some official reports about the bank’s instance on Bitcoin. For instance, according to the bank, Bitcoin is not really money, no matter how popular it is. дальше »
2019-3-15 17:25 | |
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QuadrigaCX Widow Says CEO Funded Withdrawals Out of Pocket
Gerald Cotten reportedly used his own money to fund customer withdrawals. At the time, the Canadian Imperial Bank of Commerce had frozen their bank accounts, questioning their provenance. His widow, Jennifer Robertson, told Coindesk that while she didn’t have a lot of knowledge as regards his operating the exchange, he had told her that much. дальше »
2019-3-14 01:55 | |
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Bank Watchdog: Crypto Assets Fail as Money – and Digital Gold
The Basel Committee on Banking Supervision (BCBS), a supranational banking watchdog, has warned that the growth of crypto assets like bitcoin pose a threat to banks and global financial stability, despite “very limited direct exposures. дальше »
2019-3-14 01:30 | |
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Paul Brody: Bitcoin Has No Practical Use
Paul R. Brody, the Global Blockchain Innovation Chief at Ernst and Young (EY), says he sees no practical application for Bitcoin and other cryptocurrencies. This statement comes amid a growing rate of adoption of virtual currencies in both developed and developing nations. дальше »
2019-3-12 23:00 | |
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Renown Historian of Money Says He Was “Very Wrong” About Bitcoin
Niall Ferguson, a renown economic historian once named as one of the most influential people in the world by TIME Magazine, said he was “very wrong” about bitcoin. Speaking at... The post Renown Historian of Money Says He Was “Very Wrong” About Bitcoin appeared first on Trustnodes. дальше »
2019-3-7 20:44 | |
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Billionaire Eugene Kaspersky: World Isn’t Ready for Bitcoin Yet
Billionaire Eugene Kaspersky says bitcoin is a brilliant innovation, but the world is not ready for cryptocurrency just yet. However, the CEO of Russian cybersecurity firm Kaspersky Lab believes that will change — in 100 years. дальше »
2019-3-5 20:22 | |
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Surprise, Surprise! Emerging Campaign Finance Scandal Reveals That Self-Righteous AOC Isn’t As Clean As She Says
Rookie U. S. Congresswoman Alexandria Ocasio-Cortez has been dragged into an emerging campaign finance scandal that could potentially compromise her carefully crafted reputation as the ‘people’s candidate,’ as well as call her political platform into question just three months after the 2018 midterm elections that saw her become the youngest-ever female member of Congress. дальше »
2019-3-5 05:24 | |
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Y Combinator’s President Says Cryptocurrency Should be the Basic Money Structure for the Unbanked
The president of the biggest seed accelerator in the United States has expressed his optimism and showered compliments on cryptocurrency and all its possible uses and effects on society. The president, Sam Altman, has also said that the fundamental framework of cryptocurrency is the most stable and recommended financial pedestal for the financially challenged people. […] дальше »
2019-3-3 18:53 | |
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Blockchain money transfer speeds put legacy systems to shame
A new report by BlockData says blockchain money transfers are 388x faster and 127x cheaper than legacy financial systems – shedding new light on how blockchain-based financial solutions are poised to disrupt the remittance system status quo. дальше »
2019-3-15 15:00 | |
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Sick of It! Kroger Bans Visa Credit Cards For Payments at Regional Supermarket Chain
Kroger is fed up with Visa’s outrageous fees. Instead of forking over the money to the credit card network, it will stop allowing its Smith’s Food & Drug Stores to accept Visa credit card payments. дальше »
2019-3-2 23:07 | |
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IBM Data Says Cybercriminals Are Replacing Ransomware and Malware Attacks For Cryptojacking
Hackers are always trying to find the most profitable ways to steal money from people online. Because of this, their attacks evolve together with the technology. If hackers used to send emails with simple viruses attached to them before, now they are using a lot more methods, including using other people’s computers to mine crypto. […] дальше »
2019-2-28 05:19 | |
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Bitcoin is ‘Potentially Disruptive’ to PayPal & Visa: Analyst
Bitcoin or another cryptocurrency won’t supplant PayPal and credit cards as payment options yet, but they could in due time. That’s the assessment of Lisa Ellis, an equity analyst with sell-side research firm MoffettNathanson. дальше »
2019-2-28 01:45 | |
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Bitcoin is the ‘Gateway Drug’ to Stocks and Commodities for Millennials
One of the positive outcomes of the bitcoin boom and bust has been luring millennials into investing in traditional assets, a new study carried out by social trading and multi-asset brokerage firm eToro says. дальше »
2019-2-28 18:59 | |
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‘Ripple’s XRP is Better Than Bitcoin,’ Says Vitalik Buterin
CoinSpeaker ‘Ripple’s XRP is Better Than Bitcoin,’ Says Vitalik Buterin Vitalik Buterin, the co-founder of the second largest cryptocurrency Ethereum, tweeted about XRP, stating that ‘it’s better sound money than Bitcoin. дальше »
2019-2-25 15:02 | |
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Elon Musk says he has no Crypto Holdings after saying Bitcoin is the Future, How Ironical?
Tesla co-founder, CEO and product architect Elon Musk has made a shocking revelation that he holds no Cryptocurrency following his statement that Bitcoin is the future of money. Musk claims he only holds o. дальше »
2019-2-21 19:46 | |
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New report says stablecoins may become ‘the new money’
A new report by cryptocurrency and blockchain advisor, George Samman, titled ‘The State of Stablecoins 2019,’ details the history of money and makes an argument for why stablecoins represent the natural evolution of where money will head next. дальше »
2019-2-21 00:30 | |
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Bullish Bitcoin (BTC) Inch Close to $4,500 as Tech Leader Says it is Better than Paper Money
Bitcoin prices are trending higher, up 8. 1 percent in the last week Elon Musk says Bitcoin and crypto is brilliant for value transfer Transactional volumes high, behind recent higher highs Adoption is on the rise, and it is at this juncture that Elon Musk has reasons to believe that Bitcoin is brilliant and. дальше »
2019-2-20 20:00 | |
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Elon Musk Says Paper Money Will Go Away, Crypto Will Take Its Place on ARK Invest’s FYI Podcast
“The crypto revolution will come”, some people say. But when? This is one of the most debated issues in the crypto community ever. Everybody wants to know when Bitcoin will finally fulfill its promise. дальше »
2019-2-20 02:41 | |
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Did Pre-IPO Uber ‘Lose’ $1.8 Billion in 2018, Or Aggressively Invest In Its 85% Market Share Dominance?
Uber posted $1. 8 billion in losses for 2018, an improvement over its 2017 bottom line, a loss of $2. 2 billion. At The Drive Stephen Edelstein says, “That’s bad news for Uber as the company looks to charm investors into an initial public offering (IPO) later this year. дальше »
2019-2-19 14:45 | |
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Put Your Money On Crypto for the Long-Term, Says Major Wealth Manager for Pensions
It’s time institutional whales put their money into cryptocurrency according to major investment management firm Cambridge Associates. IT’S TIME TO ‘BEGIN EXPLORING’ SAYS CAMBRIDGE ASSOCIATES The Boston-based consultancy only advises major institutions who manage more than $300 billion worth of clients’ assets. дальше »
2019-2-18 20:11 | |
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Bloomberg Editor Says JPMorgan’s Cryptocurrency Will ‘Obliterate’ Ripple; is XRP in Trouble?
On February 14, JPMorgan, the $340 billion banking giant, launched a stablecoin called JPM Coin. Industry experts foresee the stablecoin thrashing Ripple and its cryptocurrency XRP in the long run. дальше »
2019-2-15 11:37 | |
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Judge Delays Decision to Appoint Legal Counsel for QuadrigaCX Creditors
A group of lawyers from some of Canada’s top law firms convened in a court in Halifax, Nova Scotia, today to secure the right to represent creditors in the ongoing QuadrigaCX litigation. дальше »
2019-2-15 01:45 | |
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21 Lectures Offers Bitcoin Developer Courses by Schnelli, Decker and Chiang
Switzerland is an international bitcoin and blockchain mecca, known for its crypto culture and concentration of crypto businesses. Now, it is the new home to 21 Lectures, a school for bitcoin developers founded by Lucas Betschart. дальше »
2019-2-12 00:24 | |
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Abra Users Can Now Buy Stocks and ETFs Using Bitcoin
“Investing in stocks can be a daunting, complex and decidedly exclusionary activity,” says Bill Barhydt, Abra's CEO. To that end, his company’s mobile cryptocurrency wallet app has announced a new feature which will allow investors to purchase traditional stocks using bitcoin. дальше »
2019-2-8 02:05 | |
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Disney’s Streaming Service Hasn’t Even Launched and it’s Already Hemorrhaging Money
Disney says it’s likely to take a massive $150 million hit to its bottom line as it works to beef up its array of streaming services, including the yet-to-launch Disney+. However, concerns remain that the company may be turning a blind eye to the impact of these losses over the long run as it seeks to supplant Netflix as the digital content king. дальше »
2019-2-7 23:29 | |
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Bitcoin Was ‘Total Bubble’ & 95% of Crypto ‘Will Die Painful Death’: Bitwise Exec.
The bitcoin bull market was a bubble that burst in 2018, but the “painful” event had a major upside: It attracted a lot of money and talent to the burgeoning industry. That’s the assessment of Matt Hougan, the global head of research at Bitwise, creator of the world’s first cryptocurrency index fund. дальше »
2019-2-6 02:55 | |
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Bitcoin (BTC) Halving To Trigger Price Growth, Says Prominent Trader
Extremely-Profitable Crypto Trader Still Bullish The so-called “200M_trader,” a pseudonymous highly-profitable trader popularized by one now-infamous Bloomberg article, recently sat down with CCN in an exclusive interview to tout his/her/their opinions regarding the current Bitcoin (BTC) bear market. дальше »
2019-2-4 07:00 | |
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Crypto Firms Flock to Estonia: Is the Country’s E-Residency Program a Giant Loophole for Money-Laundering?
Estonia’s e-Residency program allows location-independent non-citizens and firms to access services such as banking digitally. Cryptocurrency firms have particularly embraced the program warmly with around 600 of them estimated to be registered there currently. дальше »
2019-2-2 15:30 | |
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NEM Foundation to Reduce Operations by 60%, Not Out of Funds Says Tinsman
Following the election of a new council at the NEM Foundation, they announced they are running out of money with just one month left to bankruptcy if they continue with... The post NEM Foundation to Reduce Operations by 60%, Not Out of Funds Says Tinsman appeared first on Trustnodes. дальше »
2019-1-31 17:26 | |
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Forget About Scalability: Charlie Lee is Working to Add Condifendital Transactions to Litecoin
Charlie Lee, the founder of Litecoin (LTC) and a recognized figure in the cryptocurrency space, posted a tweet in which he says that he is focused on making Litecoin more fungible. In this tweet, he said that fungibility is the only property of sound money that is missing from Bitcoin and Litecoin. Charlie Lee has […] дальше »
2019-1-29 02:44 | |
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Early Bitcoin investor Says No One Needs a Bitcoin ETF or Bakkt since BTC is Already Money
Bitcoin (BTC) and cryptocurrencies have been growing during the last years. In 2018, Bitcoin enthusiasts were waiting for institutional investors to enter the market and help Bitcoin reach new all-time highs. дальше »
2019-1-28 17:37 | |
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Bitcoin Price Analysis: BTC Falter as Regulators Warm Up For Crypto
Latest Bitcoin News There is a sweeping wave across Europe and America acknowledging the advantages of DLTs and their products as cryptocurrencies. States as Texas, Wyoming and New Hampshire don’t accept Bitcoin and cryptocurrencies as money—not yet, but property whose gains are subject to taxes. дальше »
2019-1-28 16:55 | |
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Pennsylvania Bank Department Says Crypto Businesses Don’t Need a Money Transmitter License
Banking and security department of Pennysliva have ruled out money transmitter licensing for crypto exchanges and service operators operating in the state. This was revealed in a new guideline published for digital currency businesses. дальше »
2019-1-24 14:40 | |
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Pennsylvania Says Crypto Exchanges Don’t Need A Money Transmitter License
The jury is in: Cryptocurrency exchanges don’t need a money transmitter license because virtual currency doesn’t count as “money” under Pennsylvania's Money Transmitter Act.
дальше »2019-1-24 00:47 | |
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Elections Canada Consults With Political Parties on Crypto Donations
According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act. дальше »
2019-1-24 20:28 | |
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Bitcoin Exchanges Don’t Need Money Transmitter Licenses in Pennsylvania
The Pennsylvania Department of Banking and Securities (DoBS) says cryptocurrency exchanges in the state do not require Money Transmission Business Licenses. MTA Not Applicable to Bitcoin in Pennsylvania In a memo titled “Money Transmitter Act Guidance for Virtual Currency Businesses,” the Pennsylvania DoBS clarified that the Money Transmitter Act (MTA) did not apply to cryptocurrency exchanges. дальше »
2019-1-23 14:00 | |
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Ripple Will Make Payments as Easy as Sending Emails, Ross D’Arcy Says
Ripple has made very clear its ambition to revolutionize the world of finance through blockchain technologies even though centralized and more traditional methods dominate it. Sending Money Should Be as Easy as Sending an Email According to an article published by The Daily Hodl, Ripple sales director Ross D’Arcy commented that its solutions are designed […] The post Ripple Will Make Payments as Easy as Sending Emails, Ross D’Arcy Says appeared first on Ethereum World News. дальше »
2019-1-19 18:40 | |
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Crypto Cards Are Legal in Russia, According to the Finance Ministry
Using cryptocurrency debit cards to pay for goods and services does not contradict Russian law, Deputy Finance Minister Alexei Moiseev was quoted as saying by local media. He believes these transactions are legal as the seller receives the money in Russian rubles. дальше »
2019-1-18 22:01 | |
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70% of Central Banks “Are Either Currently Working or Will Soon be Engaged in Work on CBDC.” BIS Report Says
According to a report recently published by the Bank of International Settlements (BIS), central banks in most of its affiliate countries would be highly interested in having a better understanding of blockchain technologies and the possible implications of their adoption. дальше »
2019-1-9 18:50 | |
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Bitcoin ‘Tremendously Successful as a Store of Value,’ Says David Chaum [Interview]
Legendary cryptographer and digital money pioneer David Chaum explains to Bitcoinist why his newest project, Elixxir, is focusing on scalable privacy-focused digital cash and why Bitcoin is unlikely to provide similar privacy despite being “tremendously successful as a store of value. дальше »
2019-1-8 05:00 | |
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Venezuela Wants to Use Petro to Finance Large Housing Program
Completing a project to build 3 million homes for its suffering population is the next big initiative Venezuela wants to finance with its digital currency, the petro. The socialist government in Caracas says there is enough money and materials to fulfill the main objective of the “Great Housing Mission. дальше »
2019-1-7 00:15 | |
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NobleBridge Wealth Asset Managing Director: Bitcoin ETF Would Help Wall Street Make More Money
Tyrone V. Ross Jr. Says Bitcoin ETF Would Help Wall Street Make More Money In a recent interview with Naomi Brockwell, Tyrone V. Ross Jr. Talked about Bitcoin (BTC) and the possible approval of a Bitcoin exchange-traded fund (ETF) in February 2019. дальше »
2019-1-5 21:25 | |
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Arthur Hayes Says Bitcoin is Society’s Best Hope for Private Electronic Money
The CEO of the cryptocurrency exchange and platform BitMEX said that Bitcoin is one of the best hopes for the society to have private digital money. The exchange is one of the most important trading platforms available in the market. дальше »
2019-1-4 23:55 | |
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XLM vs TRX Leaders Collide as Stellar’s McCaleb Calls Tron “Garbage” and Sun Says Stellar Isn’t Worthy Competition
Stellar’s Co-Founder and CTO, Jed McCaleb has openly called out Tron as being “garbage” during an interview with Yahoo Finance, reports Ethereum World News. During the interview, McCaleb seems to have expressed his distaste for projects that raise tons of money during their ICOs with “zero technical merit”. He went on to say that majority […] дальше »
2019-1-3 20:51 | |
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Coinbase President Says Institutions With Short-Term View Shouldn’t Touch Crypto
It hasn’t been the best of Christmases for the stock markets and let’s face it, Santa hasn’t exactly gone overboard when it comes to crypto. However, according to a CNBC Fast Money interview with Coinbase President Asiff Hirji, it hasn’t been all bad. дальше »
2018-12-26 10:30 | |
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