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Indian Government Mulling Blanket Ban on Cryptocurrencies

The government of India has drafted a bill to completely ban cryptocurrencies and regulate official digital currencies, reports The Economic Times, April 26, 2019. Things Go from Bad to Worse Since its inception, the growth of the Indian cryptocurrency ecosystem has been continually stalled due to government and Reserve Bank of India (RBI) diktats. дальше »

2019-4-26 19:00


India Shuns Bitcoin Legalization Again, Excludes Crypto Startups from Fintech Sandbox

By CCN. com: The Reserve Bank of India (RBI) has published its official document on a draft framework for fintech regulatory sandbox entitled “Draft Enabling Framework for Regulatory Sandbox. ” The document explicitly excluded crypto assets like bitcoin, demonstrating a lack of intent to regulate the local crypto market. дальше »

2019-4-19 14:13


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Japan: Rakuten Bank Starts Registering New Users for Its Crypto Wallet

As part of preparations for the June 2019 official launch of its cryptocurrency trading service, Rakuten Bank, the largest e-commerce outfit in Japan has kicked off the new user registration process for its Rakuten Wallet, which will enable millions of its customers to trade bitcoin and altcoins seamlessly, according to a press release published MarchRead MoreRead More. дальше »

2019-4-18 11:00


Cryptocurrencies Will Never Be Able To Substitute the Currency Issued by a Central Bank, Says Romanian Bank Official

A Romanian Central Bank official has said that it not necessarily true that digital currencies issued by central banks… The post Cryptocurrencies Will Never Be Able To Substitute the Currency Issued by a Central Bank, Says Romanian Bank Official appeared first on Invest In Blockchain. дальше »

2019-4-18 14:07


Ripple’s blockchain will solve issues related to nested transactions, says top CIMB Bank official

Ripple and XRP have been making strides in the cryptocurrency sphere with their many partnerships and collaborations in the cross-border payments sector. Ripple’s xCurrent-powered Money Tap faced a setback when one of the member banks announced that they would cease collaboration with the service from May 13, 2019. дальше »

2019-4-12 20:00


Iran, Central Bank and Crypto Regulations: Legal Challenges and Pending Sanctions Progress

The Central Bank of Iran recently released a draft on cryptocurrency regulations. The draft is available on the bank’s official website and is likely in Persian. However, according to various sources, the draft begins by first making it clear that cryptocurrency usage as a payment method is still prohibited. The draft also notes, however, the […] дальше »

2019-4-1 19:41


It’s Already Too Late for India, Even if its Legalizes Bitcoin Exchanges

On March 30, less than 6 months since the shutdown of India’s largest bitcoin exchange Zebpay, one of the last remaining cryptocurrency exchanges in India, Coindelta, closed down its services. In an official statement, Shubham Yadav, the founder of Coindelta, wrote that there has not been enough progress in the process of overturning the decision of the Reserve Bank of India to prohibit local banks from dealing with bitcoin and crypto-related businesses. дальше »

2019-4-1 15:15


Ripple: xRapid Appears on World Bank Official Website: “Pilot Saved 40%-70% In Foreign Exchange Costs” – A Step Closer To Mass Adoption?

It’s no news at this point that Ripple (XRP) is making headway with financial institutions around the world, as… The post Ripple: xRapid Appears on World Bank Official Website: “Pilot Saved 40%-70% In Foreign Exchange Costs” – A Step Closer To Mass Adoption? appeared first on Invest In Blockchain. дальше »

2019-4-1 08:46


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Blockchain Does Not Always Live Up To Hype, Says World Bank Official

Contrary to the belief of the nascent blockchain industry and that of the present buzz around the technology, blockchain is not the solution to all problems according to a World Bank official at the 20th Annual Conference on Land and Poverty, as reported by Reuters, March 27, 2019. Talking Points No single technology is universallyRead More дальше »

2019-3-28 20:00


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NEM (XEM) Venture Capital Arm Makes First Portfolio Investment

Vimba, a New Zealand-based platform that allows users to buy, sell or save bitcoin (BTC) and ether (ETH) right from their bank accounts, has become the first ever portfolio investment of NEM Ventures, the venture capital and investment arm of the NEM distributed ledger technology (DLT)  project, according to an official blog post on MarchRead MoreRead More. дальше »

2019-3-7 15:00


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New York Fed: Cryptocurrency Won’t Challenge Dollar in Near Or Mid-Term

Cryptocurrencies are “unlikely” to become an international monetary phenomenon in the coming years, the Federal Reserve Bank of New York has claimed. ‘Unlikely To Meet Criteria’ In a research piece on US dollar supremacy published February 11, the NY Fed argued that despite the appearance of cryptocurrency in mainstream society, only its long-term perspectives could include significant usage. дальше »

2019-2-13 18:00


A Major Philippine Bank Just Launched Crypto ATMs and it May Fuel Massive Bitcoin Adoption

According to local publications, Union Bank of the Philippines, one of the largest commercial banks in the Philippines, has launched the country’s first crypto ATM. The bank said in an official statement obtained by Philstar that the purpose of the ATM is to provide local users an easy way to convert cryptocurrency to fiat and vice versa. дальше »

2019-2-11 10:52


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South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability

South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial stability. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability appeared first on Bitcoin News. дальше »

2019-2-7 16:40


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South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity

South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial integrity. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity appeared first on Bitcoin News. дальше »

2019-2-7 16:40


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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