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CEO of $7 Trillion Asset Manager, BlackRock, Larry Fink Says Bitcoin Has A Real Impact On Us Dollar
BlackRock’s Larry Fink is the latest one to show his bullishness towards Bitcoin. In a conversation with Mark Carney, the former Bank of England Governor, at the Council on Foreign Relations, Fink said Bitcoin has been gaining the interest of Wall Street. дальше »
2020-12-2 16:51 | |
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Russia’s Biggest Bank Sberbank Unveils Crypto Plans to Follow Upcoming Regulation
The largest bank in Russia, the state-owned Sberbank, has reportedly unveiled its crypto plans as the country is set to begin regulating the industry in January. Sberbank’s CEO says the bank may issue its own cryptocurrency in collaboration with JPMorgan. дальше »
2020-12-2 03:15 | |
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Privately-Issued Stablecoins Pose Greater Risk than Bitcoin, Says ECB
The European Central Bank (ECB) President says that volatile prices and lack of liquidity make BTC and other digital assets poorly suited for use as money. Lagarde is also keen to push on with the ECB’s digital euro. дальше »
2020-12-1 20:16 | |
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Bitcoin to ‘Easily’ Hit $60K in 2021, Pressing ECB for Digital Euro, Says German Bank
BayernLB claimed that a combination of bitcoin’s monetary policy, recent halving, and a growing appeal among corporate investors will drive the next bull market. It added that the ECB’s ‘rival’ digital currency would compete with bitcoin only in terms of its infrastructure and user interface. дальше »
2020-11-28 18:09 | |
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BIS Says CBDCs Likely Better than Private Stablecoins Like Libra
The Bank for International Settlements is the latest major financial organization looking to implement industry-standard regulations in the stablecoins arena. Meanwhile, several nations are also working towards creating their own central bank digital currencies (CBDCs) which are seen by some commentators as being driven by private stablecoin projects like Facebook’s Libra. дальше »
2020-11-26 02:01 | |
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A digital yen will make the crypto market ‘more lively,’ says Monex CEO
Oki Matsumoto, the head of Japanese financial services giant Monex, has welcomed the Bank of Japan’s recent interest in central bank digital currency. дальше »
2020-11-26 12:00 | |
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Christine Lagarde: ‘The European Central Bank Cannot Go Bankrupt or Run Out of Money’
In remarks that highlight flaws of the fiat currency system, the European Central Bank (ECB) president, Christine Lagarde, says the institution cannot go bankrupt even if it incurs losses running into trillions. дальше »
2020-11-25 17:20 | |
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China’s Xi Jinping Asks G20 Countries for Receptive Attitude Towards CBDCs
The Chinese President is big on CBDCs. Be Open and Accommodating to CBDCs, Says China According to an official statement released by the Ministry of Foreign Affairs of the People’s Republic of China, Chinese President, Xi Jinping, has asked the G20 countries to be receptive to central bank digital currencies (CBDCs). дальше »
2020-11-23 16:30 | |
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Digital Currencies Could Mitigate, If Not Eliminate, Negative Interest Rates: BoE Chief Economist
The chief economist for the Bank of England, Andy Haldane, says digital currencies could reduce the country's prevalence of negative interest rates. In a statement, Haldane further spoke on the pros and possible risks that widely-accepted digital currencies have on the financial system. дальше »
2020-11-19 17:34 | |
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Former Bank of Japan exec says Japan will need years to issue digital yen
A former Bank of Japan official is concerned about a digital yen triggering massive outflows from private bank deposits.
дальше »2020-11-18 14:38 | |
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'Banks will have to adjust' to crypto, says Bank of England leader
Jon Cunliffe, one of the leaders of England's central bank, said banks must adapt to the changes brought on by digital assets.
дальше »2020-11-14 18:46 | |
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UK Authorities Get Serious with Stablecoins, Set to Unveil Regulatory Framework
The government of the United Kingdom is making active plans to transform the nation’s financial ecosystem and ultimately make the region a hotbed for innovative businesses. The government says it plans to formulate amenable regulations for stablecoin initiatives and central bank digital currencies (CBDCs), according to a statement November 9, 2020. дальше »
2020-11-11 22:00 | |
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Lebanon to launch digital currency in face of economic and financial turmoil
Lebanon's central bank governor says the country, whose lira has been in freefall, is preparing to launch a digital currency in 2021. дальше »
2020-11-11 19:21 | |
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Wall Street Veteran Bill Miller Says Buy Bitcoin Today, as Every Major Bank Would Eventually
Miller Value Partners’ founder, Bill Miller, suggests that Bitcoin’s price today is a tremendous buying opportunity, in a conversation with CNBC. While comparing it with other assets, Miller noted that BTC has been on the lead in the last ten years, five years, and one year. дальше »
2020-11-10 22:00 | |
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No Immediate Need for Digital Currency Says Norway’s Central Bank
Speaking at a conference on November 5, Ida Wolden Bache, the deputy governor of Norway’s central bank, detailed the decline of cash in her country while also discussing the potential of Central Bank Digital Currencies (CBDCs). дальше »
2020-11-10 17:10 | |
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Every Major Bank Will Have Exposure to Bitcoin, Says Renowned Fund Manager Bill Miller
Veteran investor Bill Miller says that all major banks, investment banks, and high net worth firms will eventually have some exposure to bitcoin or something like it. He said that bitcoin’s staying power is getting better every day. дальше »
2020-11-9 02:30 | |
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Argentinian Central Bank to Lift Freeze on Bank Fee Increases: Sets the Ceiling for Future Hikes at 9%
The Central Bank of the Argentine Republic says starting in January 2021, financial institutions will be able to increase the fees or commission they levy for services rendered. In its November 5 update, which effectively ends the February 19 freeze on any fee hikes, the central bank says such increases should not exceed 9% each […] The post Argentinian Central Bank to Lift Freeze on Bank Fee Increases: Sets the Ceiling for Future Hikes at 9% appeared first on Bitcoin News. дальше »
2020-11-8 13:15 | |
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39 Firms Have Applied to Offer Crypto Services Under New Regulation, Says Dutch Central Bank
Thirty-nine companies have applied for registration with the Dutch central bank to provide cryptocurrency services, the regulator told news. Bitcoin. com. They include crypto exchanges and custodial wallet providers. дальше »
2020-11-8 05:30 | |
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Veteran Investor Bill Miller Says Every Major Investment Bank Will Own Bitcoin or Something Like It
Following bitcoin purchases by MicroStrategy and Square, Miller said every major investment bank and high net worth firm will eventually have exposure to bitcoin or commodities like gold. дальше »
2020-11-8 19:17 | |
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Only 4% of Norway uses cash as country evaluates CBDC, Norges Bank exec says
Cash usage has declined in Norway since COVID-19, but physical currency also carries strengths that CBDCs may lack.
дальше »2020-11-7 00:24 | |
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Canada Calls for Coordinated Global Collaboration on CBDC Development
Canada says international collaboration is necessary to get the best out of central bank digital currency (CBDC) development. Countries like The Bahamas and Cambodia have already launched their sovereign digital currencies with China conducting live testing protocols. дальше »
2020-10-31 21:00 | |
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Digital yuan will work with WeChat and Alipay, says bank exec
Details regarding the digital yuan's characteristics are taking shape.
дальше »2020-10-26 14:19 | |
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Kraken’s Crypto Bank Is “An Accident Waiting to Happen,” says Bank Policy Institute
The structure of Kraken Financial is “prone to the same types of run risks as medieval banks and so-called “shadow banks,” said a non-partisan advocacy group representing the nation’s leading banks, Bank Policy Institute. дальше »
2020-10-22 19:31 | |
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Shariah Compliance Expert Says Cryptocurrencies Are Legit Commodities
A shariah compliance expert, the current chairman of the Shariah Advisory Council at Malaysia’s central bank and a shariah board member at many financial companies, says that cryptocurrency is a legit commodity that can be exchanged. дальше »
2020-10-16 11:15 | |
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Bankless society ‘inevitable’ due to crypto, says Morgan Creek CEO
People will be able to “bank themselves” with crypto.
дальше »2020-10-16 15:48 | |
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Australia Doesn’t Need a Retail CBDC, Says Central Bank
Australia’s central bank is not buying into the growing call among several countries to float their own central bank digital currency (CBDC). With China already bootstrapping adoption of its digital yuan to millions of citizens, other countries are moving ahead to test their own experimental CBDCs. дальше »
2020-10-14 18:30 | |
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Bitcoin ‘May Have Extrinsic Value In The Sense That People Want It’ Says BoE Governor
Bank of England (BoE) Governor Andrew Bailey cautioned over the use of Bitcoin as a means of payment on Monday. He said he was “very nervous” about people using the leading digital currency for payments because it has uncertain value. дальше »
2020-10-14 23:07 | |
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