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The New-age of Financial Dis-Intermediation – P2P, STOs, Blockchain, & Cryptocurrencies
The Financial Services industry has always been resistant to disruption. Till the twentieth century, the banks have always been placed at the center-hub of any national economy. It has been tough to disrupt these entrenched institutions with multiple moats around them. дальше »
2019-2-7 16:39 | |
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Australian Banks Fraudulently Collected Fees From Deceased Customers
A national inquiry into the misconduct of Australia’s banking sector has revealed profit-driven malpractice that has shattered customer trust. Some of the country’s largest banks were found guilty of making families homeless and charging fees for non-existent services, sometimes to dead customers. дальше »
2019-2-6 14:35 | |
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India: Regulatory Bodies Fear Cryptocurrency’s Impact on Rupee
According to a Quartz report published February 4, 2019, the Indian government is skeptical regarding the possible implications of cryptocurrencies on the Indian Rupee, fearing that digital currencies might destabilize the national currency. дальше »
2019-2-5 02:00 | |
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Fed Chair Concerned About $22 Trillion US Debt, is Bitcoin a Viable Alternative?
The US national debt now stands at $21. 974 trillion, a 10% increase since President Donald Trump took over the oval office. And Bitcoin may be the needle people need to pop the debt bubble. Fed Chair Jerome Powell, talking about the $22 trillion US debt: "I'm very worried about it, but from the Fed's standpoint. дальше »
2019-2-1 17:09 | |
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National Bank of Kuwait Set to Use Ripple for International Remittances
The National Bank of Kuwait has started blockchain-based remittance services to Jordan using blockchain technology supplied by Ripple. The service will be expanded to other nations as well in the future. дальше »
2019-1-30 21:09 | |
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Fintech Firm Launches World’s First Hong Kong Dollar-Pegged Stablecoin
Bitspark, a firm that claims to be the world’s first bankless money transfer platform, has launched Sparkdex. HKD, the first stablecoin pegged to the Hong Kong Dollar (HKD). This is to encourage stablecoin diversification in other national currencies aside from the U. дальше »
2019-1-31 18:00 | |
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Crypto Comes to Austria: Vienna To Launch ‘Vienna Token’
The Austrian city of Vienna plans to launch ‘Vienna token’, it’s own cryptocurrency as a form of incentive for citizens, as per Trending Topics reports, January 28, 2019 A Crypto Incentive The idea of world governments developing official cryptocurrencies isn’t a new one. дальше »
2019-1-30 22:00 | |
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It’s Happening! Iran Authorizes National Crypto and Legalizes Bitcoin as UAE and S.Arabia Push On
It’s been a tug of war between cryptocurrencies and the legacy financial system in Iran. Iranians took to crypto early on, and this didn’t go well with the government. It banned the industry as a whole despite pleas from the crypto community. дальше »
2019-1-30 19:13 | |
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Marshall Islands to Launch National Digital Currency Through Physical Blockchain Banknotes
According to a press release published January 28, 2019, Tangem, a company in the business of producing blockchain smart card wallets, is set to issue the physical notes of the Sovereign (SOV) – the world’s first ever “decentralized digital national currency”. дальше »
2019-1-29 22:00 | |
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Tangem Will Produce Blockchain-based Physical Banknotes for the Marshall Islands
Smart card wallet maker Tangem announced today that it would be issuing physical banknotes of the sovereign (SOV) currency for the Marshall Islands. The physical banknotes will be based on blockchain technology, enabling cheap, fast and global transactions for the users. дальше »
2019-1-28 20:59 | |
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The Daily: Iran Said to Announce Crypto-Rial This Week, Italy Closer to Crypto Regulation
In this edition of The Daily, Iran is reportedly preparing to announce its national cryptocurrency during a conference starting on Jan. 29. Also, a draft decree introducing legal definitions for terms related to cryptocurrencies has been introduced in the Italian Senate and the IMF has voiced concerns over Malta’s blockchain industry while recognizing the positive […] The post The Daily: Iran Said to Announce Crypto-Rial This Week, Italy Closer to Crypto Regulation appeared first on Bitcoin News. дальше »
2019-1-28 15:25 | |
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Andreas Antonopoulos: “Bitcoin’s Future Might be Unpredictable but the Currency is Here to Stay”
During his most recent appearance on Let’s Talk Bitcoin Podcast, crypto enthusiast and advocate ‘Andreas M. Antonopoulos’ spoke at length about a host of different topics related to this burgeoning field— including the future of Bitcoin and how the asset should ideally be used for “fostering national economies rather than building companies”. Additionally, during the […] дальше »
2019-1-26 20:50 | |
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How Distributed Technology Can Help Regional Currencies
Central governments often prohibit the circulation of regional ‘certificates,’ bills or other forms of money, arguing that these can devolve control over national monetary systems. At the same time, authorities are often unaware of the economic effects of introducing local currencies. дальше »
2019-1-25 18:44 | |
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Cryptocurrency Adoption Rising in Iran as Government Mismanages Economy
Iran is toying with the idea of lopping zeros off its national currency as inflation goes through the roof. History tells us this is rarely a good idea. Cryptocurrency provides an alternative for those living in countries where the fiat currency is being rendered worthless. дальше »
2019-1-24 07:59 | |
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MyCryptoWallet Users See Their Funds Stuck As Company Has Bank Account Shut Down
An Australian Bitcoin and crypto exchange called myCryptoWallet, which was launched in 2017, has recently sent a very worrying email for its users: the National Australia Bank (NAB) has decided to shut down the accounts of the company. дальше »
2019-1-23 06:34 | |
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Australian bitcoin exchange myCryptoWallet has bank account shut, user funds stuck
CryptoNinjas myCryptoWallet, an Australian bitcoin and cryptocurrency exchange which launched in late 2017, informed users the other day that due to the National Australia Bank (NAB) closing their account without notice, user. дальше »
2019-1-22 19:20 | |
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Saudi Arabia and the United Arab Emirates (UAE) to Launch Pilot Cryptocurrency for Cross-Border Payments
Saudi Arabia and the UAE have launched a cryptocurrency aimed at facilitating cross-border payments. The new digital asset was unveiled during the first meeting of the Saudi-Emirati Coordination Council held on January 19, 2019, in Abu Dhabi, according to a WAM report. дальше »
2019-1-22 18:01 | |
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Russia Unlikely to Invest in Bitcoin in the Next 30 Years, Official Refutes Earlier Report
Recently, a report indicated that Russia intended to invest billions of dollars in Bitcoin to cushion itself against the effects of U. S sanctions. As we reported, the report cited a senior Russian economist and a lecturer at a national economics institution. дальше »
2019-1-17 11:06 | |
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Economist Behind Claim Russia Will Buy $10 Billion Worth of Bitcoin Said Price Would Collapse to $100 Last Year
Over the past week or two, a story about Russia adding bitcoin to their foreign currency reserves has been reported in a variety of media outlets such as The Daily Telegraph, Fortune, and ZeroHedge. дальше »
2019-1-16 18:00 | |
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Venezuelan President Raises Petro’s Value Again in Bid to Create ‘New System’
For the second time in a little over a month, Venezuela’s president Nicolas Maduro has hiked up the value of the national cryptocurrency, the petro, this time to 36,000 sovereign bolivars. The move has again been met with criticism. дальше »
2019-1-16 05:53 | |
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Bulgarian Tax Authority to Inspect Crypto Exchanges and Traders
The National Revenue Agency of Bulgaria is preparing to conduct inspections on cryptocurrency trading platforms and their customers. The authority wants to make sure that both are fulfilling their obligations under the country’s tax and social security laws. дальше »
2019-1-15 11:00 | |
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Bitcoin Twitter Scam Dupes Cricket Team in South Africa, Inviting Them to Win 20 BTC
Twitter has been the host of multiple Twitter scams over the course of the last year, and it is clear that hackers aren’t planning to take time off for the start of 2019. A report from Indian Express indicates that a recent hack on Twitter took the national cricket association in South Africa as its […] дальше »
2019-1-14 21:49 | |
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NASA Plans to Boost Data Security With Blockchain Technology
The National Aeronautic and Space Administration (NASA), plans to advance its technology by adding blockchain, to secure air traffic services and support. To achieve this new objective, NASA will work with Hiperledger Fabric Certificate Authority. дальше »
2019-1-14 16:21 | |
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NASA Looking to Adopt Blockchain Technology for Air Traffic Management
In a bid to fix the privacy loopholes inherent in the proposed Automatic Dependent Surveillance-Broadcast (ADS-B) system scheduled to get integrated by 2020, the National Aeronautics and Space Administration (NASA) is looking to adopt distributed ledger technology (DLT), according to a paper published on January 7, 2019. дальше »
2019-1-14 02:00 | |
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New Analysis Finds That Less Than 1% of BTC Addresses Control Nearly 87% of BTC’s Supply
A deep analysis of Bitcoin (BTC) addresses conducted by China’s state-run financial news publication, National Business Daily (NBD), reveals… The post New Analysis Finds That Less Than 1% of BTC Addresses Control Nearly 87% of BTC’s Supply appeared first on Invest In Blockchain. дальше »
2019-1-12 13:12 | |
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Canada’s First All-Crypto Legal Firm Opens Its Doors to Global Clientele
Technology lawyer Addison Cameron-Huff launched his new, Toronto-based, all-crypto legal firm on January 3, 2019, Bitcoin’s 10th anniversary, as a statement of his commitment to working for and promoting Bitcoin and cryptocurrency-based businesses. дальше »
2019-1-11 21:17 | |
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Nick Szabo: Central Banks Might Switch From ‘Physically Vulnerable’ Gold to Bitcoin
Central Banks might resort to cryptocurrency reserves as means of supplementing national gold reserves according to veteran cryptographer Nick Szabo. He also holds that the use of digital currencies will rise in countries with distraught economies. дальше »
2019-1-11 01:00 | |
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Ukraine’s Central Bank Official Says “Too Much regulation” Stagnates Cryptocurrency Growth in the State
Vidyakin, the Director of the Department of Strategy and reforms at the National bank of Ukraine (NBU) has reportedly opined that too many regulators are being given the authority to regulate cryptos and fintech; he believes the situation is adversely affecting the industry, as per local news source LetKnow on January 8, 2018. дальше »
2019-1-10 14:00 | |
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Russia Could Trigger A Major Bitcoin Bull Run, Hints To Adopt Bitcoin And Ditch The US Dollar
Russia Could Trigger A Major Bitcoin Bull Run As It Hints To Adopt Bitcoin And Ditch The US Dollar A high profile lecturer at the Russia Presidential Academy of National Economy and Public Administration, Vladislav Ginko, has said that the new US sanctions against Russia might force Kremlin to invest in bitcoin massively, a move […] дальше »
2019-1-10 01:41 | |
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Brazil’s President promises to Open “black box” Amid Scrapping of Indigenous Cryptocurrency Project
On January 7, 2019, Brazilian President Jair Bolsonar tweeted that the government was going to open a “black box” into the operations of the national development bank, days after an Indigenous cryptocurrency project was halted. дальше »
2019-1-9 18:00 | |
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Israel’s Head of National Economic Council Bashes Bitcoin and Its “Intrinsically Inefficient” Model
During the Bitcoin Summit, one of the largest to date to take place in Israel, the head of the National Council, Avi Simhon evidently discussed the inabilities of cryptocurrencies, how bitcoin is “intrinsically inefficient” and soon doomed for extinction reports Coin Telegraph. дальше »
2019-1-8 21:34 | |
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Russia Plans to Ditch US Dollar for Bitcoin, Says University Professor
A Russian university lecturer with ties to the government says the Kremlin will soon begin investing massively in Bitcoin as a way of avoiding new U. S. sanctions, a move that could happen “in a matter of weeks. дальше »
2019-1-8 20:00 | |
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Israel National Economic Council Chair: BTC 'Intrinsically Inefficient, Will Disappear’
The head of Israel’s National Economic Council and senior economics advisor to the prime minister has denounced Bitcoin as “intrinsically inefficient,” predicting it will disappear
дальше »2019-1-8 13:12 | |
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Nonprofit Organization Raided For Unauthorized Trading Of Bitcoins in Michigan
Chris Boden, president of the National Science Institute which was originally named “The Geek Group” took to YouTube to discuss that they have recently been raided by the for “unauthorized trading of bitcoin. дальше »
2019-1-7 10:55 | |
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Thailand’s NECTEC Testing Blockchain-Based Voting Mechanism for Elections
According to a report from Bangkok Post, published on January 3, 2019, Thailand is contemplating the use of blockchain technology for elections. The voting model would combine traditional voting mechanism and e-voting. дальше »
2019-1-5 22:00 | |
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India: RBI Stalls its Plans to Launch Central Bank Digital Currency
According to a report from Business Line, published on January 1, 2019, the Reserve Bank of India (RBI) has stalled its plan to launch a national digital currency. Too Early for Central Bank Digital Currency The cryptocurrency ecosystem in India has been plagued with confusion and indecisiveness, and the latest decision by the country’s financial watchdog is no exception. дальше »
2019-1-3 08:00 | |
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Ten Years Later, a Reflection on Bitcoin’s Genesis and Satoshi’s Timing
October 31, 2008, and January 3, 2009. The two dates have cemented themselves with Promethean significance into Bitcoin’s lore. On the October 31, Satoshi Nakamoto published the Bitcoin white paper, a constitution of sorts for his revolutionary monetary system and its intrinsic currency. дальше »
2019-1-3 07:14 | |
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Why Ohio’s State Treasurer Backs Decision to Accept BTC For Tax Payments
As tax season is rapidly approaching, some states, like Ohio, have decided to set a new standard for the rest of the country to follow. Back in November, Ohio became the first state in the U. дальше »
2019-1-3 20:53 | |
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Report: Indian Government Updates Progress on Crypto Regulation
The Indian government has reportedly provided an update on its progress toward the country’s regulatory framework for cryptocurrencies. The government provided its latest stance in areas such as the national cryptocurrency and licensing of crypto businesses. дальше »
2019-1-1 11:05 | |
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South Korea Submits Six Cryptocurrency-Related Bills To The National Assembly For Market Regulation
South Korea Submits Cryptocurrency-Related Bills To The National Assembly To Regulate The Market According to data provided to news. Bitcoin. com by South Korea’s top financial regulator, the Financial Services Commission (FSC). дальше »
2019-1-1 23:42 | |
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Iran Labels Telegram’s Coin a Threat to National Security
Tehran has once again targeted the users of the popular messaging application Telegram. A law enforcement official warned Iranian citizens against providing any support for the launch of the instant messaging app’s native token, the Gram. дальше »
2018-12-31 18:10 | |
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South Korea Ends Year With 6 Bills to Regulate Crypto Industry
South Korea’s top financial regulator has exclusively shared with news. Bitcoin. com information about six cryptocurrency-related bills that have been submitted to the National Assembly. The most recent bill seeks to protect the rights of crypto owners and to ensure the safety and reliability of crypto transactions. дальше »
2018-12-31 07:58 | |
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Say No More About FedCoin, US Federal Reserve Has No Interest in National Crypto Anymore
The Federal Reserve of the United States, known commonly as Fed, has lost its interest in the idea of national cryptocurrencies. With the value of Bitcoin skyrocketing last year, blockchain seemed like the future, but it was actually a lot more hype than anything else, so now the Fed is abandoning the idea of the […] дальше »
2018-12-29 09:46 | |
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The Federal Reserve Could Launch a ‘FedCoin’- But There’s Really No Point
It seems as if the Federal Reserve really understands the core values of Bitcoin and that launching a national cryptocurrency is pointless. Director of the IMF Christine Lagarde spoke out about the benefits of central bank digital currencies (CBDCs) this November. дальше »
2018-12-29 23:00 | |
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Maduro’s Promotion of the Petro Yet to Yield Results
Venezuelan President Nicolas Maduro has been tirelessly promoting the petro, ever since his administration announced the creation of what is now considered the first state-issued cryptocurrency. Although no one is really sure whether the coin actually works, Venezuelans have already seen their salaries denominated in the national crypto and their pensions converted to petro. дальше »
2018-12-27 12:15 | |
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UAE: ICO Regulations by Mid-2019 Could Propel the Country’s Cryptocurrency Ecosystem
United Arab Emirates (UAE) is set to become the global leader in the infant cryptocurrency industry as its ICO regulations look to be finalized by mid-2019, reports The National, December 24, 2018. Capitalizing on Absence of Competitors While countries like the U. дальше »
2018-12-27 08:00 | |
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Japanese Yen Set to Surpass US Dollar in Bitcoin Trading
The U. S. Dollar (USD) and the Japanese Yen (JPY) are the two most dominant national currencies used in Bitcoin/fiat trading. But while the USD has always dominated the market, it appears BTC/JPY may now be on the verge of overtaking the dollar. дальше »
2018-12-26 23:00 | |
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Opinion: ICOs Are Dead, Killed By Regulations
ICOs may have been the hottest thing in 2017 but, unlike the hundreds of amusing Bitcoin obituaries throughout the years, the process of issuing digital tokens to raise funds appears to be dead. Stick a Fork in ICOs, They’re Done The UAE’s Securities and Commodities Authority is expected to unveil regulations for initial coin offering (ICOs) by mid-2019, reports The National. дальше »
2018-12-25 06:00 | |
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