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Banking license is best way to rob a bank, says Andreas Antonopoulos as he questions fiat establishment
Leaders across the crypto-ecosystem have been known to openly voice their opinion, often clearing the fog left by the mainstream media. With media attention getting stronger, crypto-technologists such as Andreas Antonopoulos have made more attention to shed light on the true aspects of the market. дальше »
2019-7-2 13:00 | |
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Facebook ‘Too Powerful’ to Run Libra Without Rules, Says Democratic Senator
By CCN Markets: Facebook has too much power to engage with a cryptocurrency, a United States senator has warned, days after the social media giant launched Libra. Sherrod Brown, a Democratic senator from Ohio, told Bloomberg TV that the public has increasing concerns around the social network. дальше »
2019-6-22 16:38 | |
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Ethereum Public Blockchain Favoured for Document Authenticator Feature by Polish Bank
A Polish bank has bucked the trend of companies and institutions experimenting with blockchain technology using private, permissioned ledgers. Warsaw-based Alior will reportedly use the Ethereum public blockchain to build a system to let customers check the authenticity of documents they receive from the bank. дальше »
2019-6-18 02:00 | |
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Did JP Morgan Just Make a Secret Side Bet on Bitcoin?
JP Morgan might not believe Bitcoin is the future of finance, but the banking giant could be hedging its bets. The bank is quietly seeking to hire a Bitcoin scaling expert. JP Morgan denies it will engage with public cryptocurrencies in any manner. дальше »
2019-6-15 01:05 | |
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Facebook Recruits Bank Lobbyist for Regulatory Assist with Crypto GlobalCoin
By CCN Markets: Facebook has just hired a senior UK bank lobbyist ahead of GlobalCoin launch to help the company cope with European regulations. According to the Financial Times, Facebook will employ Standard Chartered European Head of Corporate and Public Affairs Ed Bowles from September as its London-based director of public policy. дальше »
2019-6-14 15:14 | |
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ECB Official Bigs Up ‘Wholesale’ Central Bank Digital Currency, Disregards Bitcoin
By CCN: The Chairman of the Board of the Bank of Lithuania has spoken about the merits of central bank digital currencies. He has labeled them as a new, more efficient, offering from central banks across the globe. дальше »
2019-5-31 10:40 | |
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Bitcoin Trading Popularity Spooks Malawi Central Bank Warning Against Cryptocurrency
By CCN: The governor Reserve Bank of Malawi (RBM) has warned that cryptocurrencies are not legal tender and should not be used in place of the legal fiat currency, the Malawi Kwacha. According to local media, Dr. дальше »
2019-5-30 11:40 | |
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Ripple Prices Ranging, Will Siam Commercial Bank Leverage XRP?
XRP up 3. 2 percent. Thailand’s oldest bank, Siam Commercial Bank (SCB), to pioneer Ripple’s Multi-hop. Siam Commercial Bank (SCB) will pioneer Ripple’s Multi-hop feature, although the public will wait for further announcement on whether the bank will utilize XRP in their future transactions. дальше »
2019-5-25 21:00 | |
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Bibox Europe Official Launch on Track, Raises Equity Investment from a Global Top-10 Bank
Bibox, the AI-enhanced encrypted digital asset exchange has announced plans to cater to European customers with the upcoming launch of Bibox Europe. Equipped with the necessary license in Europe, the company will be opening doors to the public as a fully regulated Blockchain Financial Service Institution. дальше »
2019-5-21 19:31 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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RBS Chief: Free Bank Accounts Won’t Exist In The Future, Become a Thing of the Past
Royal Bank of Scotland’s chief executive Ross McEwan recently said that he thinks that people will soon have to start paying for their bank accounts. In his opinion, the public has no idea about the level of service that goes into the banking industry. дальше »
2019-5-11 19:00 | |
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New York Police Warn Citizens of Cryptocurrency Phone Scams
In New York, Bitcoin scammers are impersonating Social Security Administrators. A report by The Next Web reveals the New York Police Department (NYPD) sent out a warning to the public, alerting them to fraudsters who call and ask for payment in bank wire transfers, bitcoin (BTC), and prepaid gift cards. дальше »
2019-5-3 20:00 | |
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NYPD: Bitcoin thieves posing as government officials have stolen over $2M
New York’s Police Department (NYPD) is alerting the public about phone scammers posing as Social Security Administration officials and requesting payment in Bitcoin, prepaid gift cards, and bank wire transfers. дальше »
2019-5-2 13:05 | |
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Sweden Central Bank Pushes for Clarification of Legal Tender, Set to User in the Bitcoin Crypto Era
According to an article by the Financial Post “cash is almost extinct” in Sweden due to the country’s efforts to become a cashless society. Recently, Sweden’s Central Bank, also known as Riksbank, released a statement requesting clarification on legal tender. дальше »
2019-4-30 18:24 | |
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Крупнейший банк Таиланда и государственная нефтяная компания протестировали блокчейн
На блокчейн в недалеком будущем «переедут» все финансовые транзакции в стране. Самый крупный по активам банк в Таиланде, Siam Commercial Bank (SCB), вместе с государственной нефтяной компанией PTT Exploration and Production Public Company Limited (PTTEP) осуществили успешный тест использования блокчейна для проведения трансграничных денежных переводов, о чем сказано на сайте кредитной организации. дальше »
2019-4-25 15:09 | |
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French Bank Societe Generale Issues $122 Million Covered Bond on Ethereum Network
Societe Generale SFH, a subsidiary of one of Europe’s largest financial services groups, Societe Generale Group, on April 23, 2019, announced that it had issued the first covered bond as a security token on the public Ethereum blockchain. дальше »
2019-4-25 15:00 | |
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French Lender Societe Generale Issues $112 Million Bond on Ethereum
French investment bank Societe Generale has issued $112 million of bonds as a security token on the public ethereum blockchain. дальше »
2019-4-24 22:10 | |
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SCB & PTTEP Announce Success of Live Pilot Payment on Blockchain Powered by Ripple
Ripple partner Siam Commercial Bank (SCB) in collaboration with PTTEP has announced the success of live payment on RippleNet that will be implemented in CLMV and Southeast Asian countries by this year. дальше »
2019-4-23 20:01 | |
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Cryptocurrencies Not Welcome at Reserve Bank of India (RBI) New FinTech Regulatory Sandbox
On Thursday, April 18, 2019, the Reserve Bank of India (RBI) released a report on what they refer to as the “Regulatory Sandbox” (RS), which explores the different facets of FinTech. The reason for such publication stems for the general public as reported by RBI. дальше »
2019-4-18 23:31 | |
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Moonday Morning: IMF builds its own cryptocurrency ‘for learning,’ and more
Welcome to another Monday and with that, another Moonday Morning – where we take a look at the weekend’s top blockchain and cryptocurrency news. Here’s Hard Fork’s selection of last weekend’s top stories: 1. дальше »
2019-4-15 12:40 | |
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Cryptocurrency Trumps Cash & Bank Card In IMF’s Poll For Future Of Payment Method
Cryptocurrency Trumps Cash & Bank Card In IMF’s Poll For Future Of Payment Method International Monetary Fund (IMF) in its latest poll on Twitter are gauging the public’s view on the future of payment method and digital money. дальше »
2019-4-11 20:08 | |
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S Korea SBI Savings Bank Deploys Blockchain-Based Authentication Service
SBI Savings Bank, by South Korea’s SBI Group, has deployed a new blockchain-based personal authentication service. Called SBI Simple Authentication, the service is now open to the public and was developed in cooperation with domestic blockchain startup Iconloop. дальше »
2019-4-2 10:37 | |
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Pakistan Regulates Cryptocurrency to Prevent ‘Terrorism Financing’
Pakistan has announced plans to regulate cryptocurrencies in accordance with recommendations of the Financial Action Task Force (FATF). The regulations will be introduced immediately. Pakistan embraces digital currencies reluctantly Pakistan had previously taken a hard stance against cryptocurrencies, with the country’s central bank warning banks and other financial services providers against offering services that supported virtual currency transactions. дальше »
2019-4-1 12:04 | |
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JPMorgan is hiring for more blockchain-related positions than any other financial firm, claims report
The mass adoption of cryptocurrencies and blockchain technology was made evident to the public when mainstream institutions ventured into the space and started using it to rebuild their financial structure. дальше »
2019-3-30 16:00 | |
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What Is DeFi and Where Does It Leave Bitcoin?
The Bitcoin bull and bear market cycles are a pattern that produces significant developments — when the market is cold, people tend to focus on building the next wave of groundbreaking technology. дальше »
2019-3-29 16:26 | |
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Breaking: Japan’s Biggest Railway Plans to Accept Cryptocurrency Payments
Japan Railways Group, the biggest railway and subway operator in Japan that is used by millions of Japanese individuals on a daily basis, is considering the integration of crypto assets like bitcoin as a payment option. дальше »
2019-3-30 15:55 | |
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Exclusive: Indian Bitcoin Users in the Dark Over Their Tax Liabilities
There is no doubt that India is among the most disoriented country when it comes to bitcoin regulations. When the Reserve Bank of India merely withdrew banking access to entities dealing in cryptocurrencies, the general public opinion misinterpreted it as an outright crypto ban. дальше »
2019-3-25 16:39 | |
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Banks Greased with Dirty Money Are Terrified of Becoming Obsolete
Most cryptocurrency companies struggle to get a bank account. This is mainly due to inadequate anti-money laundering procedures and the banks’ fear of being fined. At least, that’s what these centralized institutions with coffers stuffed full of dirty money want you to believe. дальше »
2019-3-14 03:15 | |
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Bitcoin (BTC) Demand Could Stem From Increasing Bank Scandals
Bitcoin prices consolidating but bullish Obscure banks real culprits in money laundering Transactional volumes drop below average Findings indicate that centralized global banks are agents of money laundering and not Bitcoin or cryptocurrencies as peddled by mainstream media. дальше »
2019-3-8 22:00 | |
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Must Read ‘Blockchain Nightmare’ Elaborates Upon Bitcoin’s Public Buy-In and Developer Pipeline
Blockchain technology has been heralded as one of the biggest success of the cryptocurrency revolution. From successful settlement trials between Deutsche Bank and Commerzbank to a purported blockchain-based database to tackle fake university degrees, many see a bright future for the technology even if they harbor more skepticism for cryptocurrencies like Bitcoin. However, several significant […] дальше »
2019-3-7 18:13 | |
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Uber-Killer Grab Prepares for War in Asia by Raising $1.5 Billion
The cash-grab brings the Singapore tech firm’s valuation up to $14 billion, according to press reports. Singapore-based ride-hailing firm Grab has packed its war chest with $1. 5 billion in fresh equity financing from Soft Bank’s Vision Fund this week. дальше »
2019-3-7 00:31 | |
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Nordea Bank Faces Allegations of Laundering Russian Millions
Finnish public broadcaster YLE will air a damning program on March 4 that reveals Nordea Bank’s alleged involvement in a multi-million-dollar money laundering scheme. The program will show how dirty money, mostly from Russian criminals, passed through Nordea, the biggest lender in the Nordic region. дальше »
2019-3-5 21:30 | |
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Tencent’s WeBank Collaborates with Macao Over Smart City-Focused Blockchain, AI Initiatives
WeBank, the digital bank of China’s Internet giant Tencent, has signed a collaboration agreement with the Macao Science and Technology Development Fund (FDCT), an initiative established by the Macao government, over the development of smart city projects on the areas of infrastructure, public services, government administration, and talent training. дальше »
2019-3-2 22:51 | |
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French Public Investment Bank invests in crypto trading software Kryll
Cryptense, the company behind Kryll.io, creator of automated cryptocurrency trading software, announced today it was selected by Bpifrance (the French Public Investment Bank) to support the development of its cryptocurrency trading platform. Kryll.io was released in V1... Source дальше »
2019-2-28 00:55 | |
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QuadrigaCX and the Million Dollar Questions: What We Do and Don’t Know
QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him. дальше »
2019-2-26 22:21 | |
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Kenyan Crypto Adoption and Trading Grows Despite Warnings from Regulators
Over the last two years, the Kenyan government and central bank have been discussing how to regulate bitcoin and other digital currencies. In March 2018, the Central Bank of Kenya warned the general public about cryptocurrency investments. дальше »
2019-2-24 03:50 | |
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Every Day Bitcoin Does Not Die is a Tribute to BTC’s Store of Value Property and Public Trust is Gained
Entrepreneur Dominik Weil recently attended a cryptocurrency conference. While there, he observed that pen panelists questioned the audience “if they would want to lock up a gift with the value of 1m USD (2019 USD value) for the next 10 years either in” fiat/bank deposit, gold, or bitcoin, the majority of the audience chose bitcoin. […] дальше »
2019-2-21 16:14 | |
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Bank of Spain Report: Bitcoin Is a Solution for a System Without Censorship
A recent report published by the Bank of Spain states that Bitcoin is a solution for the creation of a system without censorship. This is in contrast to public comments made by most central bankers who are prone to attack cryptocurrency with little insight into why it is needed. дальше »
2019-2-20 23:20 | |
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QuadrigaCX CEO Widow Sells Estate Assets, Reportedly Places Others in Trust
Jennifer Robertson, the widow of the late QuadrigaCX exchange CEO, appears to be liquidating and shuffling some estate assets. When QuadrigaCX founder and CEO Gerald Cotten passed away suddenly in December of 2018 in India, he was allegedly the only person with the knowledge of the exchange’s cold storage keys. дальше »
2019-2-15 22:06 | |
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‘Bank Coins Still Aren’t the Answer,’ Ripple’s CEO on JP Morgan’s Cryptocurrency
Only yesterday, the largest bank in the United States shocked the cryptocurrency and blockchain industry by announcing it was working on launching its own cryptocurrency to make cross-border payments more efficient. дальше »
2019-2-15 15:34 | |
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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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QuadrigaCX Sent Deposits Allegedly Linked to CEO’s Widow, Mailed Withdrawals in Cash
For those QuadrigaCX users who were fortunate enough to have withdrawal requests honored, some appear to have received their funds through unconventional means. An anonymous QuadrigaCX user who corresponded with Bitcoin Magazine said that they received a bank deposit from Robertson Nova Consulting Inc. дальше »
2019-2-15 20:28 | |
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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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