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Germany’s Central Bank: Blockchain Settlement Pilot Project Was Slow and Expensive
Jens Weidmann, the president of Deutsche Bundesbank, the central bank of Germany, said a blockchain trial project used for the transfer and settlement of securities and cash proved slower and more costly than the current traditional methods, Bloomberg reported on May 29. дальше »
2019-5-31 21:49 | |
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German Central Bank Presidents Warns of Digital Currency Blaze
Jens Weidmann, President of Bundesbank, believes mainstream adoption of digital currencies will lead to a systematic destabilization of the financial markets and banking system, May 30, 2019. More Doomsday Predictions Central banks around the world are exploring the potential of electronic cash in response to a growing demand to digitize the economy and limit theRead MoreRead More. дальше »
2019-5-30 21:00 | |
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Bundesbank Ridicules Blockchain: Not a ‘Breakthrough’ Technology
By CCN: The president of Bundesbank – Germany’s central bank – is not impressed by blockchain, despite the technology experiencing increased adoption in other sectors. German Central Bank: Blockchain Slow & Expensive According to statements made in Frankfurt on May 29, Bundesbank President Jens Weidmann claimed that a trial project to integrate blockchain failed miserably. дальше »
2019-5-30 22:07 | |
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Weidman, President Of German Central Bank: “Blockchain Settlement Was Slow, Costly In Trial”
Weidman – President Of German Central Bank: “Blockchain Settlement Was Slow, Costly In Trial” According to the president of Germany's Central Bank – Jan Weidman – the recent performance of a trial project which made use of blockchain technology in order to provide an alternative transfer and settlement solution for securities and cash demonstrated that […] дальше »
2019-5-29 21:25 | |
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Central Bank of Russia Expects Crypto Draft Bill to Be Adopted in Spring 2019
Russia’s central bank believes that the draft bill on crypto regulation is prepared enough to be adopted in spring 2019, in accordance with the order of president Vladimir Putin
дальше »2019-5-22 17:05 | |
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Bitcoins Not Really Currencies, Euro Is Always Euro — Says European Central Bank President
The European Central Bank (ECB) recently published a paper titled “Crypto-Assets: Implications for financial stability, monetary policy, and payments… The post Bitcoins Not Really Currencies, Euro Is Always Euro — Says European Central Bank President appeared first on Invest In Blockchain. дальше »
2019-5-22 23:37 | |
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Despite Industry Pushback, G20 May Impose Stricter KYC Policy on Exchanges
It looks as if cryptocurrency service providers will have to adopt stricter know-your-customer (KYC) policies all across the world — and not everyone is happy about that. дальше »
2019-5-13 21:33 | |
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European Central Bank President Mario Draghi: ‘Bitcoin, Cryptocurrencies Are Not Real Currencies’
Mario Draghi, the president of the European Central Bank (ECB), said during a dialogue with students that cryptocurrencies are not real currencies. He has also stated that cryptos are “very, very risky assets” but they do not really have to be something for central banks to be worried about. Mario Draghi Talks About Cryptocurrencies As […] дальше »
2019-5-8 22:04 | |
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Donald Trump Might Have Received $100,000 Campaign Donation from 1MDB Fugitive: DOJ
The U. S. Department of Justice (DOJ), which is currently headed by Donald Trump appointee William Barr, is investigating whether a $100,000 donation made to the president’s political fundraising committee came from one of the central figures in Malaysia’s 1MDB corruption scandal, Jho Low. дальше »
2019-3-14 17:01 | |
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This Central Bank Governor’s Tenure is a Tale of Everything Wrong With Socialism
A poor and densely populated country stuck at number 137 worldwide in the economic prosperity rankings, with a per capita GDP of just about $2,000 – this would be the perfect proving ground to show once and for all that left wing economics can successfully turn the fortunes of a struggling people around, and give the world an alternative to its failing capitalist system. дальше »
2019-3-11 15:00 | |
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Maduro Scoops 8 Tons of Venezuelan Central Bank Gold for Illegal $340 Million Cash Swap
Eight tons of gold has been taken out of the vaults of Venezuela’s central bank as tightening sanctions push President Nicolas Maduro to take extraordinary measures to remain solvent. Per opposition legislator Angel Alvarado and anonymous government sources, the gold was removed from the central bank vaults last week. дальше »
2019-3-2 17:05 | |
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IBM Exec Forecasts a Million-Dollar Bitcoin — When a Sat Will Equal a Cent
An IBM executive is unfazed by the current market realities, saying he sees Bitcoin (BTC) reaching a value of $1 million as a present possibility. Jesse Lund, vice president of Blockchain and Digital Currencies at IBM, shared his predictions at the IBM Think 2019 Conference, which took place February 12–15, 2019. дальше »
2019-2-23 00:42 | |
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New Brazilian President Appoints Blockchain And Crypto Friendly Head Of The Central Bank
Crypto Enthusiast Proposed As Brazil’s New Head Of The Central Bank Brazil’s president Jair Bolsonaro has appointed a new crypto enthusiast as Head of the Central Bank. According to a new report released by Reuters, the Economist is Roberto Campos Neto, who is a strong proponent of blockchain technology. This will be very positive for […] дальше »
2019-2-19 22:07 | |
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Blockchain and Crypto Enthusiast is Proposed by Brazil’s New President as Head of The Central Bank
Brazil’s new president, Jair Bolsonaro, has decided to promote a technological evolution and make the country a regional reference in the adoption and use of blockchain and digital assets to optimize the control and design of public policies. дальше »
2019-2-9 05:23 | |
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Mining Bitcoin or the ‘Crypto-Ruble’ Just Another Form of Counterfeiting, Claims Russian Banking Chief
The head of VTB Bank, a major Russian financial institution that sees the government as its majority shareholder, has compared bitcoin mining with counterfeiting. Andrei Kostin, who serves as the president and the chairman of the management board of VTB Bank, said Monday during an event that any person who prints digital money to replace Russian Ruble was counterfeiting the state-backed fiat. дальше »
2019-2-6 10:15 | |
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Putin Advisor Met Crypto Exchange CEO
Sergey Glazyev, advisor to Russian President Vladimir Putin and a member of the National Financial Council of the Central Bank of Russia, met Huobi founder and CEO Leon Li on the... The post Putin Advisor Met Crypto Exchange CEO appeared first on Trustnodes. дальше »
2018-9-23 15:56 | |
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Ex-Liberia Central Bank Chief Under Probe for Missing $104M, State Seeks FBI Help
More than a dozen government officials, including former central bank governor and his deputy, have come under investigation in Liberia after $104 million of newly printed banknotes vanished from the state purse. дальше »
2018-9-21 00:25 | |
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ECB Not Ready for EU-Backed Cryptocurrency
The European Central Bank (ECB) stated that it will not be pursuing a European Union backed cryptocurrency anytime soon, which shouldn’t be surprising to those who have followed the sentiment of the ECB toward cryptocurrency. дальше »
2018-9-18 13:39 | |
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Mario Draghi: Europe ‘Has No Plans to Issue Central Bank Digital Currency’
The European Central Bank has no intentions of issuing a central bank digital currency. According to its president Mario Draghi, the current economic conditions fail to justify a need for it. Cash Remains King Speaking in front of the European Parliament, the president of the European Central Bank Mario Draghi touched on the matter of cryptocurrencies and whether or not the European Union needs a central bank digital currency. дальше »
2018-9-18 04:00 | |
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ECB Has No Plans to Launch Digital Currency Due to Blockchain Immaturity
The European Central Bank (ECB) is not issuing a digital currency any time soon, according to President Mario Draghi. He’s argued that the blockchain technology is not mature enough for such a level of responsibility and physical cash remains widely used within the monetary union. дальше »
2018-9-16 23:30 | |
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No, the EU is Not Issuing a State-Backed Cryptocurrency
Mario Draghi, President of the European Central Bank (ECB), said that the authority does not see a “concrete need” for a digital token alternative to the euro, according to Reuters. No Time for Crypto Highlighting the stability of fiat money and the infamous volatility of cryptocurrencies, Draghi told parliament members that a lack of robustness […] The post No, the EU is Not Issuing a State-Backed Cryptocurrency appeared first on CryptoSlate. дальше »
2018-9-16 22:00 | |
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Mario Draghi: European Central Bank Won’t Issue a CBDC Soon, But It’s “Carefully Analysing” The Possibility
The European Central Bank is not yet ready to issue its own cryptocurrency, but it does not deny the importance of knowing the potential of this type of technology. That is what Mario Draghi, its president, expressed in a letter addressed to the European Parliament this Wednesday, September 12. дальше »
2018-9-15 05:30 | |
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Despite Growing Interest, European Central Bank Still Reports “No Plans” for Launching a Digital Currency
In a letter to the European Parliament on Wednesday, President Mario Draghi stated that the European Central Bank still has “no plans” to issue a central bank digital currency (CBDC). дальше »
2018-9-15 22:23 | |
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Europe’s central bank wants nothing to do with cryptocurrency (for now)
Europe’s central bank (ECB) won’t be touching cryptocurrency any time soon. Its president Mario Draghi shot down hopes of an EU-sanctioned digital currency, criticising blockchain tech for being too young and fragile to be useful. дальше »
2018-9-15 17:34 | |
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Venezuela’s Central Bank Unveils App to Convert New Crypto-Pegged ‘Sovereign Bolivar’
Hyperinflation in Venezuela is so bad, the nation’s Central Bank has released an Android app to help citizens calculate how many new sovereign bolivar units they possess. The release arrives after the national government re-denominated the old currency last week. дальше »
2018-8-28 13:00 | |
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Как рекомендации ФАТФ скажутся на стоимости криптовалют?
Что произошло? Межправительственная организация по борьбе с отмыванием преступных доходов — ФАТФ — готовит рекомендации по работе с криптоактивами. С просьбой о разработке стандартов противодействия отмыванию доходов, полученных преступным путем, и финансированию терроризма (ПОД/ФТ) к организации в конце июля обратились страны G20. дальше »
2018-8-23 17:45 | |
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Oil-backed Petro Cryptocurrency Set to Officially Become Venezuela’s Second Unit of Account
President Nicolas Maduro of Venezuela has announced on August 14, 2018 that with effect from August 20, 2018, the petro cryptocurrency would officially become the second unit of account in the nation, as the central bank issued altcoin will be used extensively by state-owned oil firm, PDVSA and may also be used to pay workers’ salaries. дальше »
2018-8-16 16:00 | |
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Venezuela Nationalizes Petro, Will Introduce Crypto-Based Salary System for Workers
Venezuelan President Nicolas Maduro recently revealed that the nation’s oil-backed cryptocurrency, the petro, will be used as a unit of account by the state oil company PDVSA. дальше »
2018-8-16 00:26 | |
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Regulations Round-Up: Central Bank-Issued Digital Currencies, Regulatory Clarity
In recent regulatory news, Spain’s Central bank has issued a report favoring the development of a central bank-issued digital currency (CBDC), the president of Taiwan’s central bank has advocated caution regarding CBDCs, the Blockchain Research Institute has published a summary of recent roundtable discussions calling for great regulatory clarity, and a Russian court has a […] The post Regulations Round-Up: Central Bank-Issued Digital Currencies, Regulatory Clarity appeared first on Bitcoin News. дальше »
2018-8-12 15:58 | |
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More Than a Ledger: How Blockchains Will Democratize Wealth
To Mark Pascall, co-founder of BlockchainLabs New Zealand (NZ) and president of the Blockchain Association NZ, the blockchain space is more than just a new technology layer, it’s a “fundamentally different way for organizations and societies to operate. дальше »
2018-7-31 21:27 | |
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Iranian cryptocurrency planned by IRAN to rise above U.S sanctions
While giving a statement about this latest initiative of Iranian cryptocurrency, Daliri also clarified that the central bank was working with “domestic knowledge-based companies” to develop the domestic digital currency. дальше »
2018-7-27 22:15 | |
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One Euro Today is One Euro Tomorrow, Bitcoin Oscillates Says ECB’s Draghi
Mario Draghi, President of the European Central Bank, said bitcoin is volatile, with its value oscillating widely, thus he would not call it a currency. In answering questions by the... The post One Euro Today is One Euro Tomorrow, Bitcoin Oscillates Says ECB’s Draghi appeared first on Trustnodes. дальше »
2018-7-27 15:37 | |
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Iran’s Blockchain Association President Says US Govt Confiscated 500 BTC
The head of Iran's Blockchain Association, Sepehr Mohammadi, recently claimed that the US government has confiscated over 500 BTC from Iranian citizens traveling into and out of the country. In April, the Central Bank of Iran (CBI) banned banks and financial institutions in the country from dealing with cryptocurrencies. The CBI claimed that “All cryptocurrencies […] дальше »
2018-7-24 00:31 | |
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German Finance Regulator Sees Blockchain As Revolutionary
Considering its status as a financial powerhouse and the home of the European Central Bank, Germany don’t often hit cryptocurrency headlines. Today however (I’m not sure if its just in the spirit of the world cup though) we are seeing reports from Germany that discuss some promising statements from the President of the Federal Financial Supervisory Authority (BaFin), Felix Hufeld. дальше »
2018-6-14 23:00 | |
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