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European Central Bank conducts survey to gauge people’s trust in a digital Euro
After European Central Bank announced that the central bank wanted to “hear the views of the public and interested stakeholders,” with regard to the Digital Euro, ECB launched a “public consultaThe post European Central Bank conducts survey to gauge people’s trust in a digital Euro appeared first on AMBCrypto. дальше »
2020-10-13 17:51 | |
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Chinese Shenzhen Rolls Out 10M Digital Yuan in Public Giveaway Program
Coinspeaker Chinese Shenzhen Rolls Out 10M Digital Yuan in Public Giveaway ProgramThe aim behind the initiative is to allow the citizens to spend the digital yuan. According to Liao Qun, chief economist at China Citic Bank International, the program will spur consumption in Luohu district. дальше »
2020-10-12 10:56 | |
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Chile bank shuts down operations after being hit by ransomware
According to a recent public statement published by Banco Estado — one of the country’s three largest banks — the bank was hit by powerful ransomware. The incident forced it to shut down its operations nationwide. дальше »
2020-9-9 15:11 | |
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Australian Banks Partner with IBM on Trade Guarantee Project
A consortium of big Australian banks has successfully conducted a blockchain-based pilot with over 20 Australian businesses and IBM, according to a report. Australian banks look to blockchain IBM public cloud Lygon blockchain platform has successfully conducted its pilot with Australian banks ANZ, Commonwealth Bank of Australia (CBA) and Westpac, and a group of 20Read MoreRead More. дальше »
2020-9-7 17:07 | |
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Bank of England guv: Bitcoin, cryptocurrencies are difficult and unsuitable for public use
In a panel discussion with the Brooking Institution, Governor of the Bank of England, Andrew Bailey said that stablecoins, Bitcoin, and other cryptocurrencies are difficult and unsuitable for the publThe post Bank of England guv: Bitcoin, cryptocurrencies are difficult and unsuitable for public use appeared first on AMBCrypto. дальше »
2020-9-3 19:43 | |
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China: State-Owned Bank Deactivates Its Digital Yuan Wallet After Widespread Attention
The Chinese Construction Bank (CCB) — one of the largest state-owned banks in China, unexpectedly disabled public access of the digital yuan wallet a few hours after a successful soft launch because the feature reportedly drew too much attention according to CoinDesk on Aug 29. дальше »
2020-9-1 15:00 | |
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China Construction Bank Disables Chinese DCEP Wallet After Users Notice Feature in Bank App
China Construction Bank, one of the central state-owned banks in China, recently realized that the official wallet for the national CBDC is open for public use within its official banking app. The users could navigate to the wallet by merely entering the national digital currency, which would take the users to the wallet feature where […] The post China Construction Bank Disables Chinese DCEP Wallet After Users Notice Feature in Bank App first appeared on BitcoinExchangeGuide. дальше »
2020-8-31 18:36 | |
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China CBDC Trials Coming to Beijing and 27 Other Cities
China’s accelerated central bank digital currency (CBDC) plans are set to reach another milestone with tests scheduled for Beijing and 27 cities in the country. These new digital currency electronic payment (DCEP) trials will join other public pilots already ongoing in cities like Shenzhen and Suzhou. дальше »
2020-8-15 17:34 | |
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Former Bank of China VP Backs Digital Yuan As An Accelerator for a ‘Dual Circulation’
A former Vice President of Bank of China has said that replacing the fiat RMB in circulation (M0) with a CBDC is the way to go on monetary policy. Wang Yongli, who is now the director of the Haixia blockchain research institute, shared these sentiments in an article posted on his public WeChat account. This […] дальше »
2020-8-3 15:14 | |
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Central Bank of Oman Warns Public Against Cryptocurrency Investment
The Central Bank of Oman (CBO) has issued a warning to the country’s citizens regarding investments in cryptocurrencies and related products. It should be noted that the country itself is not particularly anti-cryptocurrency, but still has yet to legalize cryptocurrencies. дальше »
2020-7-21 19:15 | |
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Public Mint Launches Its Blockchain; Over 200 Banks Plan to Support Its Digital Money
vPublic Mint, a firm founded by CNET founder Halsey Minor, has announced the launching of its ‘fiat-native’ public blockchain, which enables anyone to easily tokenize fiat money of any amount whether they have a bank account or not. дальше »
2020-7-4 22:48 | |
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Kraken Exchange Onboards Swiss Bank InCore to Help Euro Clients Buy Crypto With Fiat
Swiss Bank InCore has just become the first banking institution in the nation to provide banking services to Kraken crypto exchange. The deal, which was made public on Friday, will allow Kraken clients to finance their trading accounts using four different currencies – British pound, Swiss franc, Canadian Dollar, as well as the euro. InCore […] дальше »
2020-7-4 21:06 | |
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Bitcoin-based Startup Zap Opens Strike for Public Beta And Plans to Release Visa Rewards Card
Jack Mallers, Zap founder, revealed on Thursday that Zap’s Strike product, which enables individuals to receive Bitcoin in US dollar form through direct bank deposits, opens up for the public beta. I just published Announcing Strike Public BETA A new #Bitcoin era is born. дальше »
2020-7-3 23:01 | |
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Zap’s Strike Moves to Public Beta
Strike is an application that allows you to transact with Lightning payments with just a debit card or bank account. But, here’s the secret sauce: instead of having to buy bitcoin to load up your Lightning channels, users on Strike never touch BTC. дальше »
2020-7-3 20:25 | |
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Thailand Government Issues Blockchain-Powered Savings Bonds
The Public Debt Management Office (PDMO), under Thailand’s Ministry of Finance, will be utilizing Krung Thai Bank’s (KTB) blockchain platform to sell government bonds to the general public. Thailand to Sell Government Bonds via Blockchain According to a report by a local news outlet The Nation Thailand, on Tuesday (June 16, 2020), the use ofRead MoreRead More. дальше »
2020-6-18 01:07 | |
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Limitless Bailouts: US Federal Reserve Announces Billion-Dollar Corporate Bond Purchase Program
During the last three months, the U. S. Federal Reserve has created a system of monetary avarice, as the central bank can literally do whatever it wants with zero oversight. The American public recently witnessed the Fed’s announcement on Monday, which explained the central bank will be buying individual corporate bonds on a regular basis. дальше »
2020-6-17 23:05 | |
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Thai Finance Ministry to Offer ‘Affordable’ Saving Bonds Via Blockchain Through State-Owned Bank
News has now emerged that the Thai Government is leveraging Blockchain tech to offer saving bonds to its residents. This has been announced by the Public Debt Management Office (PDMO), an arm of the Thai Finance ministry. дальше »
2020-6-17 22:44 | |
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Institutional Grade Crypto Custodial, Copper Technologies, Joins Global Central Bank Think Tank, OMFIF
Institutional-grade crypto custodian, Copper Technologies, joins the Official Monetary and Financial Institutions Forum’s (OMFIF) Digital Monetary Institute (DMI) as a founding member. The non-profit organization launched in May 2020 aiming at formulating economic policy, public investment and central banking ideas for new and improved digital payment instruments. дальше »
2020-6-12 19:49 | |
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Wells Fargo Allegedly Shutters Zelle in Venezuela, Driving Crypto Adoption
Wells Fargo Bank will allegedly cease offering its Venezuelan customers access to the cash transfer service Zelle. The move was made public via Twitter by user @ernestocontrer: So why are @Dashpay and #cryptos welcomed in #Venezuela?Among other things, Venezuelans have almost no options to move our money. дальше »
2020-6-6 00:10 | |
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US Federal Bank Regulator (OCC) Issues Notice for Feedback on Crypto and DLT Activity
The Office of the Comptroller of Currency (OCC) has asked for feedback in matters crypto and distributed ledgers according to two notices published on June 4. This U. S bank regulator and charter issuer now wants to engage the public in creating a stable digital currency ecosystem based on regulation. дальше »
2020-6-6 18:50 | |
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Peter Schiff Claims The Latest Bitcoin Rally Is Due To Major Manipulation By Whales
Bitcoin has registered a strong recovery the past few days from lows of around $8.6K. At the time of publication, BTC is sitting comfortably above $9,400. Perhaps the most interesting thing about this rally is that it came hot on the heels of public criticism from a mainstream investment bank. However, gold bug Peter Schiff […] дальше »
2020-5-31 00:23 | |
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Silvergate Crypto Bank Client Base Grew 37% in Last Year; SEN Transfer Volume Is Up 324%
Silvergate is among the few US-based banks that cater to crypto-traders among other crypto-related service providers. This situation provides them with a great source of revenue for the bank amid the growing interest of the public in the crypto space. дальше »
2020-5-1 20:48 | |
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Bank Of China Says Digital Yuan Will Not Cause Inflation
Bank of China officially replies to the public about the digital Yuan and says it will not cause inflation
дальше »2020-4-20 01:00 | |
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United States' fiat currency needs re-evaluation, in light of digital Yuan
Central banks across the globe are now pondering on the question of issuing a central bank digital currency [CBDC]. Having started with Facebook's Libra and China's public embrace of blockchain last yThe post United States' fiat currency needs re-evaluation, in light of digital Yuan appeared first on AMBCrypto. дальше »
2020-3-31 11:30 | |
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France’s Central Bank Requests Proposals For CBDC ‘Experiments’ To Show Use Cases
The Banque de France made public on March 27 a request for digital currency experiment applications, in an attempt to understand the mechanisms and risks CBDCs pose in the eurozone. France comes upfront when it comes to the digital currencies debate, being the eurozone member with the highest profile as far as launching a CBDC […] дальше »
2020-3-30 23:08 | |
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Bank of China Continues Anti-Crypto Narrative on WeChat
Bank of China continues to voice its distaste for crypto and urges the public to pay attention to scams
дальше »2020-3-23 23:00 | |
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Bank of England Doubles Down on Digital Currency Plans
The English central bank has outlined its plans for a CBDC, confirming their intent to act on monetary innovation. According to the research paper, the digital currency will run in tandem with the Real Time Gross Settlement (RTGS) system with intermediaries in charge of issuance to the public, March 13, 2020. дальше »
2020-3-13 14:00 | |
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Japan ‘Must Be Prepared’ To Launch A CBDC If Public Demand Increases: BoJ Official
According to a Bank of Japan’s (BoJ) deputy governor, the country needs to keep on doing research on what issuing a central bank digital currency (CBDC) would mean, even if a launch is not yet in the cards. дальше »
2020-1-31 20:23 | |
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French Central Bank Exec Opposes Private Crypto Assets
Central bankers who initially discounted Bitcoin and other public crypto assets as fraud, Ponzi schemes or scams, have suddenly changed their stance. Banks Now Love Crypto, But Only if They Can Control It Bank of France Governor Francois Villeroy de Galhau is the latest monetary policymaker who has recently commented on cryptocurrency and advocated for the technology to be issued and controlled by central banks. дальше »
2020-1-27 19:30 | |
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My Message at Davos: Support Global Stablecoins via Public/Private Partnership
When I travel to Davos next week, I’ll be advocating for the public and private sector to come together to support the development of global stablecoins backed by central bank money and regulated through new forms of public and private partnership. дальше »
2020-1-19 21:22 | |
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Brilliant Brexit Plan: Public Holiday & Bitcoin While UK Economy Shrank for the First Time in 7 years
Michael Gove, the Chancellor of the Duchy of Lancaster and the person in charge of no-deal preparations said the government is considering the idea of holding a bank holding on November 1. Amidst the concern regarding that a no-deal Brexit would cause turmoil on the financial markets, Gove told The Times, “I don’t know if […] дальше »
2019-8-9 21:04 | |
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Standard Chartered Bank Issues First DLT-Powered Letter of Credit
In a press release on August 7, 2019, U. K. -based Standard Chartered Bank, revealed it had successfully executed a pilot of the first cross-border Letter of Credit (LC) on blockchain for companies in the oil industry, including PTT Group, a Thailand state-run oil and gas company, PTT International Trading Pte Ltd, and IRPC Public Company LimitedRead MoreRead More. дальше »
2019-8-8 13:00 | |
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Standard Chartered Bank Finalizes Its First Transaction On New Voltron Blockchain
One of the most important banks in the market, Standard Chartered, has recently completed its first transaction using the new Voltron platform. Voltron is a new blockchain platform focused on the oil industry. дальше »
2019-8-8 23:12 | |
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Singapore’s Central Bank Warns Citizens Against Cryptocurrency Exchange Scam
The Monetary Authority of Singapore (MAS), the apex bank of the country, has warned investors to be wary of a scam bitcoin investment website that has been soliciting for funds from members of the public by using false statements purportedly made by Goh Chok Tong, the former Prime Minister of Singapore, according to a pressRead MoreRead More. дальше »
2019-8-1 01:00 | |
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Non-Private Central Bank Digital Currencies (CBDCs) Will Not Be of Interest Per Banxico Governor
Javier Calafell, the deputy governor of the Bank of Mexico (Banxico) has recently talked about central bank digital currencies (CBDC). To him, they will not be able to hold a lot of interest for the general public unless they are able to be used in a fully anonymous way. He talked about this during a […] дальше »
2019-7-12 01:31 | |
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How big biased datasets make social inequalities worse
At almost every point in our day, we interact with digital technologies which collect our data. From the moment our smart phones wake us up, to our watch tracking our morning run, every time we use public transport, every coffee we purchase with a bank card, every song skipped or liked, until we return to bed and let our sleep apps monitor our dreaming habits – all of these technologies are collecting data. дальше »
2019-7-7 10:10 | |
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XRPL Labs’ Wietse Wind hints at ‘XRPL-bridged bank accounts’ for community to ease payments
Ripple has been working towards developing its technology and promoting its native crypto, XRP, for years now, managing to get many powerful financial institutions to use its tech. However, the general public still deals with problems related to payments and money transfers. дальше »
2019-7-6 17:00 | |
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