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Digital Dollar Discussion Is ‘Extremely Important’ Urges Pres. Trump’s Fed Nominee
Digitizing the dollar is a key factor in maintaining its appeal as a global currency, Trump’s nominee to the Federal Reserve, Judy Shelton, says. In a congressional hearing on Thursday, Fed nominee, Judy Shelton, said the Federal Reserve should be “compelled to think” about a central bank digital currency (CBDC) given the mileage the innovation […] дальше »
2020-2-14 18:21 | |
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Former Apple Card & Pay Lead Joins Santander To Head Global Digital Payments
An Apple payments products executive, Trish Burgess, has joined the Spain-based bank Santander’s peer-to-peer (P2P) global payments team. As an announcement from Thursday says, Santander is looking to expand it digital payments services in order to make them global. дальше »
2020-2-13 20:38 | |
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Bitcoin and Cryptocurrency Are ‘Like a Giant Garbage Dumpster,’ Says Minneapolis Federal Reserve President
The president of the Federal Reserve Bank of Minneapolis, Neel Kashkari, said on Tuesday that bitcoin and other cryptocurrencies are “like a giant garbage dumpster. ” He would rather his one-year-old daughter have a low yielding Treasury bond than a bitcoin, emphasizing that all that’s emerging from the crypto world “is burning garbage. дальше »
2020-2-13 19:45 | |
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Central Bank Digital Currencies Are Good for Bitcoin, Barry Silbert Says
Bitcoin would benefit from global central banks issuing their own digital currencies, founder of Grayscale Investments said
дальше »2020-2-12 22:47 | |
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US Fed Is Exploring Potential for Digital Currency, Says Board Member
Fed board member Lael Brainard says the institution must remain on the frontier of central bank digital currency research and policy development
дальше »2020-2-6 12:46 | |
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Central Bank Crypto Still 10 Years Away, Says Former ECB Vice President
Former Banque de France governor, Christian Noyer, suggested that a consumer-focused central bank digital currency (CBDC) could still be 10 years away, despite current interest from over 50 central banks. дальше »
2020-2-5 18:00 | |
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Tech Like Blockchain Will Transform Chinese Economy, Bank Chair Says
The next decade will see a digital transformation in China with blockchain adoption, according to Minsheng Bank’s chairman
дальше »2020-2-4 01:11 | |
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Japan Must Be Ready to Issue CBDC If the Need Arises, Says BOJ Deputy Governor
With Japanese lawmakers pushing for a digital yen, Masayoshi Amamiya, deputy governor of the country’s central bank says Japan needs an agile action plan for a central bank digital currency (CBDC). No immediate Plans to Launch Digital According to Reuters, Amamiya says the Bank of Japan (BOJ) has no immediate plans to launch a CBDC. дальше »
2020-1-31 02:00 | |
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Deutsche Bank Says Digital Currencies Could Be Mainstream in 2 Years
A digital currency could see widespread adoption within the next few years, a new report by Deutsche Bank suggests. дальше »
2020-1-28 01:30 | |
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India Central Bank Says It Hasn’t Banned Crypto
The Reserve Bank of India (RBI) says it has not banned cryptocurrency usage — only the regulated avenues leading to it
дальше »2020-1-23 22:52 | |
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RBI Argues Against Crypto Utility in India
The Reserve Bank of India (RBI) says citizens do not need cryptos as the country’s mainstream financial framework already has working solutions for cross-border remittances. The Indian central bank also clarified the legal situation of cryptocurrencies in the country, stating that there is no ban on virtual currencies. дальше »
2020-1-23 20:00 | |
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Australian Central Bank says “Nah, mate” to Facebook’s Libra
The Reserve Bank of Australia (RBA) says Facebook’s digital currency, Libra, should not be allowed to launch in Australia without being heavily regulated. It does not believe there will be enough demand to merit the effort required to introduce the currency to Australia. дальше »
2020-1-21 18:00 | |
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Bitcoin Took Us By Surprise Says Head of Central Bankers
Agustin Carstens (pictured above), head of the Bank for International Settlements (BIS) which is owned by central banks and acts as the bank of central banks, has stated bitcoin took... The post Bitcoin Took Us By Surprise Says Head of Central Bankers appeared first on Trustnodes. дальше »
2020-1-16 19:52 | |
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Australia’s Central Bank Testing Ethereum-Based Interbank Settlement System Using CBDC
The Reserve Bank of Australia (RBA) — the country’s central bank says adoption of state-backed digital currency for interbank settlement could provide certain advantages like cost savings and better financial inclusion. дальше »
2020-1-16 15:00 | |
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RBA to Block Facebook’s Libra in Australia
Australia is the latest country to reject Libra — Facebook’s proposed digital currency payment project. The country’s central bank also says sovereign digital currencies are unnecessary given that commercial banks already have working electronic payment solutions. дальше »
2020-1-9 18:00 | |
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People’s Bank of China ‘Progressing Smoothly’ With Digital Yuan
The People’s Bank of China says it is making smooth progress with the development of its forthcoming digital currency
дальше »2020-1-6 12:57 | |
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ECB Says Banks Should Find Better Alternatives to Libra
Commercial banks should work out their own transfer systems as an alternative to Facebook’s Libra, urged Jens Weidmann, President of Bundesbank and member of the Governing Council of the European Central Bank (ECB). дальше »
2020-1-4 19:52 | |
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The ECB is the latest central bank to discuss issuing a CBDC
The President of the European Central Bank, Christine Lagarde, says the ECB needs to stay ahead of the curve when it comes to digital currencies. Will the European Central Bank be the first to deploy a central bank digital currency? дальше »
2019-12-22 14:05 | |
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Deutsche Bank says crypto could replace cash by 2030
A new report by Germany’s largest lender, Deutsche Bank, suggests that blockchain-powered digital currencies could replace cash payments within the next decade. The report says that fiat currency as we know it today may soon give way to new alternatives. дальше »
2019-12-17 14:05 | |
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Bank of International Settlements General Manager Now Says CBDCs Could Open New Opportunity
Agustin Carstens, the General Manager of Bank of International Settlement (BIS) who earlier believed Central Bank issued Digital currencies (CBDCs) were no good, has changed his stance. In his recent speech titled “The future of money and the payment system: what role for central banks?” Carstens seemed to emphasize that CBDC's could open the gates […] дальше »
2019-12-8 23:25 | |
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Trump Could Put an End to Stock Market Madness with a Single Tweet
Whether or not the U. S. economy is headed for a recession depends on who you ask. Wall Street firm Bank of America believes that the chances of a recession just went up. Meanwhile, economist Stephen Moore reportedly says that the economy is experiencing "short term pain for long-term gain," according to Fox Business. дальше »
2019-8-13 21:00 | |
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China Says Its Crypto Is Ready: How Will This Affect Bitcoin?
For nearly five years, China has been working on its cryptocurrency. For much of the time, the People’s Bank of China has chosen to keep this fact a secret. However, last year reports emerged and the country could not hide it anymore. дальше »
2019-8-12 15:32 | |
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Exchange Hacks Are On The Decline, Bank Says
Exchange hacks are the biggest threats to crypto holders, as Binance users were recently reminded. But digital thieves are finding fewer opportunities to steal cryptocurrencies from investors and exchanges, according to a new report from a Liechtenstein bank. дальше »
2019-8-10 17:53 | |
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Walmart’s coin could gain approval from regulators easier than Libra, says top investment bank
Walmart’s prospective USD-backed stablecoin should be looked upon more favorably by regulators than Facebook’s Libra, according to U. S. investment banking and financial services company, Cowen, Bloomberg reported. дальше »
2019-8-6 12:57 | |
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New York Judge Says Purchasing Crypto with A Bank Card Isn’t A Cash Advance
Chase Bank has been charging customers a cash advance fee for the purchase of cryptocurrency with their bank and credit cards. The judge has denied the motion to dismiss. The Chase company has been exploring a venture into the cryptocurrency industry, but recent actions have been upsetting the customers that they already serve. According to […] дальше »
2019-8-3 18:59 | |
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Kenya Should Pursue Cryptocurrency Adoption, Says National Blockchain Task Force
A crypto and blockchain think tank in Kenya is advising authorities to focus on ensuring cryptocurrency adoption in the country, reports CGTN Africa, July 25, 2019. Meanwhile, there hasn’t been much progress regarding the issuance of standardized regulations for digital assets in Kenya but the central bank says the Facebook Libra project poses a systemicRead MoreRead More. дальше »
2019-7-26 01:00 | |
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Cryptos Are Entering Global Currency Competition Says Fed
James Bullard, President of the Federal Reserve Bank of St Louis, has stated currencies are intrinsically worthless and fragile days after Donald Trump mentioned they are printed out of thin... The post Cryptos Are Entering Global Currency Competition Says Fed appeared first on Trustnodes. дальше »
2019-7-21 18:17 | |
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Министр финансов США сравнил Bitcoin с надежным швейцарским банком. Мнучин — против криптовалют
Стивен Мнучин, руководитель американского финансового ведомства, решил вновь выступить по вопросам криптовалют. Are you saying cash has never been used for illicit purposes, @joesquawk asks in response to Mnuchin's concerns about #btc "We are going to make sure that bitcoin doesn't become the equivalent to swiss numbered bank accounts" says @stevenmnuchin1 pic. дальше »
2019-7-20 14:14 | |
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Treasury Steven Mnuchin Says US Will Police Crypto With ‘Very, Very Strong Regulations’
During a recent interview with CNBC, Steve Mnuchin, the secretary of the U. S. Department of the Treasury, said that it is important to establish strong regulations on Bitcoin (BTC) and virtual currencies. дальше »
2019-7-19 23:34 | |
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Bitcoin Has Found A New Admirer In House Rep. Kevin McCarthy
House GOP Leader Kevin McCarthy says he “likes Bitcoin” and suggested that the government should “start using blockchain”. Is Facebook Building a Shadow Bank? Since revealing the concept for it’s new Libra cryptocurrency, Facebook has again become a topic of deep discussion and contention. дальше »
2019-7-17 20:01 | |
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Banks need to embrace opportunities and support use of blockchain technology, says Rakbank CEO
Peter England, CEO of Rakbank, made news after he stressed that banks around the world need to support firms that are developing blockchain technology. The statement from the CEO came during an interview with a local daily, the Arabian Business. дальше »
2019-7-11 23:30 | |
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‘Bitcoin is not a currency,’ but a highly volatile asset, says European Central Bank’s Chief Economist
The European Central Bank [ECB] is moving towards reviewing its policy framework and along with it, recently carried out an #AskECB session over Twitter. ECB’s executive board member and Chief Economist, Philip R. дальше »
2019-7-10 18:00 | |
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Facebook’s Libra is ‘Just Too Dangerous’, Says ECB Policymaker
Coinspeaker Facebook’s Libra is ‘Just Too Dangerous’, Says ECB PolicymakerJust recently the European Central Bank (ECB) has yet again commented on the Facebook Libra project and now they are saying that “it's too dangerous” and regulators need to improve the way they work. дальше »
2019-7-9 17:08 | |
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ECB Executive Says Libra Crypto Is a Wakeup Call to Regulators
An Executive Board Member of the European Central Bank (ECB), the financial institution responsible for administering monetary policies within the Eurozone, has opined that financial watchdogs across the globe must now fast track the process of regulating bitcoin (BTC) and other blockchain-based digital assets, as more and more institutions like Facebook join the bandwagon, reportsRead MoreRead More. дальше »
2019-7-8 13:35 | |
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Moonday Mornings: Bitcoin hash rate pumps while Iran says trading is illegal
Hello and welcome to another Monday and with that, another Moonday Morning – where we take a look at the weekend’s top cryptocurrency and blockchain news. Here’s Hard Fork’s selection of last weekend’s top stories: 1. дальше »
2019-7-8 12:27 | |
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