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Cryptos Are Neither Currencies nor Securities, SARB Deputy Governor Says
Francois E. Groepe, deputy governor of the South African Reserve Bank (SARB), said that it does not consider digital coins securities or currencies. He suggested that SARB does not prefer to use the term “cryptocurrency. дальше »
2018-6-27 16:19 | |
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Bitcoin Won’t See Widespread Adoption in Australia, RBA Official Says
A senior official at the Reserve Bank of Australia (RBA) said that bitcoin is unlikely to be widely adopted in the country. He outlined the digital currency’s price volatility as well as the stability of the Aussie dollar as the main reasons. дальше »
2018-6-27 08:00 | |
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Bitcoin Unlikely to Take Off in Australia, An RBA Official Suggests
Dr. Tony Richards, head of payments policy at the Reserve Bank of Australia, said that the stability of the Australian dollar would make widespread Bitcoin adoption in the country unlikely. He also suggested that the local use of the currency is so limited that the central bank does not consider it a major impact on […] Bitcoin Unlikely to Take Off in Australia, An RBA Official Suggests was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-6-27 22:23 | |
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RBA Official Predicts Bitcoin Will Struggle in Australia
A senior official at the Reserve Bank of Australia (RBA) has speculated that Bitcoin is unlikely to succeed in Australia because they already have a successful currency. The official compared the volatility of cryptocurrencies to stable fiat alternatives and cast doubt on Bitcoin as a store of value. дальше »
2018-6-26 21:00 | |
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No Cryptos Planned for Issue by Central Banks in Australia and New Zealand
The central banks of Australia and New Zealand denied they would issue their own cryptocurrencies June 26, in a speech calling Bitcoin “fascinating” but “inefficient.” Addressing the Australian Business Economists in Sydney, Tony Richards, head of the Reserve Bank of Australia’s (RBA) payments policy, appeared hawkish on cryptocurrency as Australia’s government devotes considerable funds to дальше »
2018-6-26 17:07 | |
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The Central Banks Of Australia And New Zealand Against Cryptocurrencies
The trend of ‘central banks’ talking about cryptocurrencies is warming up once more, with The Reserve Bank of Australia (RBA) and The Reserve Bank of New Zealand (RBNZ) weighing in on the debate. The pair have moved to debunk rumours that they are investigating in establishing their own central bank digital currency, on the basis that they believe such a project would inevitably damage their current banking system. дальше »
2018-6-26 17:00 | |
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Indian Crypto Exchanges Prepare for RBI Ban – New Trading Tools, No Fiat
As the start of the crypto banking ban by the Reserve Bank of India approaches, cryptocurrency exchanges in the country are preparing to stop fiat deposits and withdrawals while boosting crypto-to-crypto trading. дальше »
2018-6-24 02:35 | |
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US Federal Reserve Launches Cryptocurrency Index
This week the Federal Reserve Bank of St. Louis added cryptocurrency to their Federal Reserve Economic Data (FRED) database. It’s a seemingly small gesture, but one that signals to most observers crypto’s maturation, at least in the eyes of arguably the most important central banking institution in the world. дальше »
2018-6-22 17:42 | |
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Government Save Bank of St. Louis Includes Crypto Cost Following to Inquire about Database
The Federal Reserve Bank of St. Louis will now be tracking the prices of four cryptocurrencies on their research database, according to a June 19 post on the bank’s website. The database, called the Federal Reserve Economic Data (FRED), will now include the prices of Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) from дальше »
2018-6-22 00:48 | |
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ФРБ Сент-Луиса начал отслеживать колебания курсов 4 криптовалют
Федеральный резервный банк Сент-Луиса добавил информацию о движении курсов биткоина, Bitcoin Cash, Ethereum и Litecoin с 2014 года в экономические данные Федерального резерва (Federal Reserve Economic Data или FRED). дальше »
2018-6-22 23:27 | |
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St. Louis Fed Now Tracking Prices of 4 Prominent Cryptos
Federal Reserve Bank of St. Louis has included prices of four top cryptocurrencies in its research database. The Feds announced the move on Tuesday, indicating that the Federal Reserve Economic Data (FRED) will now include price data of Bitcoin, Bitcoin Cash, Ethereum and Litecoin, provided by Coinbase. дальше »
2018-6-21 20:59 | |
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St. Louis Feat now has the Crypto Prices Tracks in its research database
The St. Louis division of the U. S. Federal Reserve Bank is now tracking the prices of four cryptocurrencies in its research database. According to an announcement on Tuesday, Federal Reserve Economic Data (FRED), an extensive database maintained by the central bank’s St. дальше »
2018-6-21 13:14 | |
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Bitcoin and PayPal Shake Bank Stocks, According to Jim Cramer
Days after the Federal Reserve’s major announcement that it would hike short-term interest rates four times instead of three in 2018, bank stocks have failed to improve as expected. Jim Cramer shared his take on the matter, outlining the rising popularity of Bitcoin and other blockchain-based technologies as one of the possible reasons. дальше »
2018-6-21 09:00 | |
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Bitcoin Will Become a Global Reserve Asset – Xapo President
The president of Xapo, Ted Rogers has predicted that Bitcoin will become the future of the global reserve asset. The possibility of the cryptocurrency becoming part of the list of currencies in the Special Drawing Right (SDR) of the International Monetary Fund (IMF) has been ruled out by some experts for some reasons. дальше »
2018-6-18 22:37 | |
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President of Xapo: Bitcoin Will Become The Global Reserve Asset
Ted Rogers, president of the cryptocurrency giant, Xapo, believes that Bitcoin will become a global reserve asset, similar to the role the U. S. dollar plays today. Ted Rogers, Unexpected Bitcoin Bull? The recent bearish trends in the cryptocurrency market have not fazed Xapo’s president one bit, as he still holds bullish sentiment regarding Bitcoin’s value. дальше »
2018-6-17 09:31 | |
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Ripple To See A Positive Trend With This News
The company Ripple, which straddles the world of virtual currency and cross-border remittances, is left calm and collected by RBI’s (Reserve Bank of India’s) restriction on how banks carry out their dealings with cryptocurrencies. дальше »
2018-6-16 22:00 | |
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Stages of Bitcoin Profits
The Time Value of Bitcointl;dr The HTLCs in Lightning Network give bitcoin a path to become a global reserve currency. Abstract Lightning Network provides a framework to measure the time-value of bitcoin, a precursor for a capital market and reserve currency status. дальше »
2018-6-16 03:15 | |
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Clearing Up Misconceptions: This Is How Tether Should (and Does) Work
There is substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged to the U. S. dollar. According to Tether, each Tether token is backed by one U. дальше »
2018-6-14 22:01 | |
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Banks and Cryptocarrens Global Assessment: Middle East
As many advocate to replace the U. S. dollar as the global reserve currency, Bitcoin and nationalized cryptocurrencies may finally offer Muslim countries economic stability and leeway in Western politics. дальше »
2018-6-14 15:27 | |
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India's Central Bank Admits to Banning Crypto Accounts Without Research
]In a fresh new twist, the Reserve Bank of India (RBI) has admitted to issuing its ban on cryptocurrency-related accounts spontaneously, without taking time to study and understand how cryptocurrencies work. дальше »
2018-6-13 23:40 | |
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CBDC Could Have “Severely Negative Consequences” for “Bank-Dominated Payments System” – Former FDIC Chair
The former chair of the United States Federal Deposit Insurance Corporation, Sheila Bair, recently published an article imploring the U. S. Federal Reserve to explore central bank-issued digital currencies (CBDCs). дальше »
2018-6-13 05:40 | |
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Reserve Bank of India Admits Issuing Crypto Ban Without Research
RBI, the central bank of India, has not made a proper effort to thoroughly research the nature and usage of cryptocurrencies before issuing its crypto ban. This is according to a reply sent by the bank to a Right to Information query filed by a lawyer. дальше »
2018-6-13 20:58 | |
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