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Turkey Looking To Establish Central Bitcoin Custodian Bank Following The Sudden Collapse Of Two Crypto Exchanges
The last week has been an interesting one in the Turkish crypto space. Two of the biggest exchanges in the country, Vebitcoin, and Thodex shut down following allegations of mismanagement and a change in the current financial landscape. дальше »
2021-4-28 15:18 | |
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Ethereum price sees strong recovery after the weekend crash
Last week, after the Turkey Central Bank announced that crypto payments will become illegal beginning on April 30th, crypto prices started crashing, and many coins saw considerable losses. Ethereum ETFs launching in Canada Canada has become a North American haven for crypto ETFs. дальше »
2021-4-21 11:32 | |
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South Korean Government Announces Crackdown on Illicit Crypto-Related Transactions in an ‘Overheated Market’
Adding to the South Korean cryptocurrency industry’s stricter regulations, the central government is focusing on the “crackdown” of illegal crypto transactions. A meeting over the week held with high-ranked politicians resulted in a campaign that will soon be deployed. дальше »
2021-4-10 06:30 | |
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Argentina’s central bank is asking citizens to disclose their Bitcoin
The Central Bank of Argentina is asking local banks to scrutinize clients that hold Bitcoin and other cryptocurrencies and engage in business or trading activities using the assets, local news reports from last week showed. дальше »
2021-4-6 05:30 | |
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Bank of Korea Governor Bashes ‘Volatile’ and ‘Invaluable’ Bitcoin
Lee Ju-yeol, South Korea’s central banking chief, has slammed Bitcoin for its volatility. Several policymakers have also criticized Bitcoin, following a week of extreme volatility in the asset’s price. дальше »
2021-2-25 22:51 | |
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Nigerian Senate Invites Financial Regulators To Discuss Crypto Ban
An Outright Ban Won’t Solve Much Nigerian lawmakers have summoned the country's Central Bank Governor and the head of the Securities and Exchange Commission, Nigerian Tribune reports. The decision came following a session concerning the recent crypto ban that was announced by the Central Bank last week. дальше »
2021-2-12 17:39 | |
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Bitcoin ‘Can’t Be Stopped’: Nigerians Look to P2P Exchanges After Crypto Ban
Some Nigerians plan to continue using bitcoin (BTC) and other cryptocurrencies despite a directive issued by the Central Bank of Nigeria (CBN) last week ordering banks to close down accounts associated with cryptocurrencies. дальше »
2021-2-10 22:34 | |
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Bahrain Central Bank Issues License to Shariah-Compliant Crypto Exchange
Middle Eastern crypto exchange Coinmena said this week that it had obtained a crypto assets services company license from the Central Bank of Bahrain (CBB) ahead of its planned launch. In receiving the license, the exchange, which has been certified by the Shariyah Review Bureau, said it had met several technical, operational, and security requirements […] дальше »
2021-1-27 07:30 | |
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Philippines’ Central Bank Issues New Guidelines to Curtail Money Laundering Among Virtual Asset Service Providers (VASPs)
Local Philippines news source, the Philippine Daily Enquirer, has reported this week that the country's central bank now requires Crypto financial service firms to be fully licensed with the BSP. дальше »
2021-1-27 23:25 | |
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BIS to Build Proof of Concept Network for Testing Cross-Border Payments Using CBDC’s
The Bank of International Settlements' Innovation Hub (BISIH) announced this week that one of its highest priorities is the continued research and testing of Central Bank Digital Currencies (CBDCs), along with five other areas of focus. дальше »
2021-1-23 22:52 | |
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Here’s why Stellar (XLM) price trades 200% higher this week
Stellar (XLM) price exploded over 80% yesterday to bring total weekly gains to about 200% after being selected by Ukraine to work on the central bank digital currency. Fundamental analysis: Major cooperation agreed The Ministry of Digital Transformation of Ukraine and the Stellar Development Foundation signed a deal to work together on developing the virtual assets ecosystem and create a Ukrainian digital currency. дальше »
2021-1-7 18:46 | |
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The Federal Reserve & European Central Bank Are ‘Committed’ to CBDC But ‘Not Racing to be First’
Jerome Powell, Chairman of the Federal Reserve, reaffirmed this week that he is committed to evaluating the costs and benefits of the digital dollar. “Here at the Fed and in the US, we are committed to thoughtfully and carefully evaluating the potential costs and benefits of a central bank digital currency,” said Powell during his […] The post The Federal Reserve & European Central Bank Are 'Committed' to CBDC But 'Not Racing to be First' first appeared on BitcoinExchangeGuide. дальше »
2020-11-14 21:07 | |
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Cue to Buy Bitcoin: Fed and Bank of England Vows to Do ‘Everything’ to Help their Economy Recover
Markets are flying right now. And the central banks are ready to give them even more reason to continue to do so. We are less than a week into November, and the S&P 500 has already pumped 7. дальше »
2020-11-7 19:47 | |
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Bitcoin Barrels Toward $12K as Investors Eye Decoupling From S&P 500
The bitcoin price has started off the week with a bang after gaining about 2% and inching closer to the psychologically important $12,000 threshold. The United States is no longer sticking its head in the sand about a central bank digital currency, and it has been a tailwind for the broader crypto markets. дальше »
2020-10-20 23:17 | |
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CoinDesk Joins IMF, CFTC, Swiss FINMA at DC Fintech Week
The virtual event, which runs Oct. 19-22, brings together marquee names from Switzerland’s FINMA, Sweden’s Riksbank, Bank for International Settlements, the Commodity Futures Trading Commission and the International Monetary Fund to discuss stablecoin regulation, central bank digital currencies, the future of money and more. дальше »
2020-10-15 20:13 | |
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Digital Yuan Giveaway: China’s Shenzhen City Hands Out 10 Million Yuan in Central Bank Digital Currency
A major Chinese city is giving away 10 million yuan in the country’s central bank digital currency this weekend. Recipients can use their digital yuan at 3,389 stores next week. The city aims for the giveaway to boost usage of the new government-backed digital currency. дальше »
2020-10-10 17:15 | |
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ECB Files for a ‘Digital Euro’ Trademark as Central Banks Turn Focus to CBDCs
The European Central Bank (ECB) filed an application last week to trademark the name ‘digital euro’ as the CBDC craze gains momentum. A report by Bloomberg revealed that the ECB applied for the ‘digital euro’ trademark through its German-based legal representatives, Bock Legal. дальше »
2020-10-3 18:24 | |
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3 Reasons Why Bitcoin Price May Slip Below $10K This Week
A potential catalyst for Bitcoin’s supersonic price rally in 2020 has been the combination of ultra-flexible monetary policies of central banks and massive spending by governments. The prospects of cheaper money have inspired many to seek hedge in what is now the world’s leading cryptocurrency by market capitalization. дальше »
2020-9-7 08:15 | |
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Jerome Powell throws US dollar under a bus in Jackson Hole
Fed Chairman Jerome Powell threw the U.S. dollar under a bus last week at the central bank’s annual Jackson Hole, Wyoming, meeting. дальше »
2020-9-1 17:30 | |
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EOS Founder Thinks Gold Will Only Perform “Fractionally As Well” as Bitcoin
Bitcoin and gold have been pressing higher after the comments made by Federal Reserve chairman Jerome Powell last week. Both assets are up by around 5% since the comments the central banker made. Some gold proponents say that gold will easily outperform any other asset in circulation due to the vast amount of monetary stimulus. дальше »
2020-9-1 13:00 | |
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Hyperinflation and Currency Collapse Fears After Zambian President Fires Central Bank Governor
Zambian President Edgar Lungu fired the country’s central bank governor Denny Kalyalya last week sparking fears that government wants to end the institution’s independence. Kaylalya was immediately replaced by Christopher Mvunga who reportedly has close ties to the President. дальше »
2020-8-26 08:30 | |
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Weaker US Dollar Pushes Bitcoin Towards $12K; A Weekly Outlook
In a week that will see the world central bankers convening a virtual conference on the future of the economy, Bitcoin is rising. The benchmark cryptocurrency kicked off Monday with modest gains against the US dollar. дальше »
2020-8-24 16:02 | |
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Putin Approves Cryptocurrency Bill, Stopping Russians From Using Bitcoin for Payments
On Friday, Vladimir Putin, Russia’s president, signed one of the two digital assets bills into law, Russian media outlet RIA reports. The new law was passed by Russia’s parliament, Duma, last week and states that firms can provide virtual securities on blockchain platforms provided they are well registered with the country’s central bank, Bank of […] дальше »
2020-7-31 22:04 | |
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Social Media Is Democracy’s Faultline: The Breakdown Weekly Recap
From PayPal crypto confirmed to action in central bank digital currencies, these were six themes shaping the week. дальше »
2020-7-19 17:00 | |
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How Will The Crypto Market React To Next Week’s Senate Hearing On a Digital Dollar?
Bitcoin and the rest of the crypto market are at a pivotal moment. Either a new bull market is beginning, or a deeper fall into a bear market is next. How will the market react to the potential emergence of a digital dollar coming out of next week’s Senate hearing on the topic? Crypto Dad Pushes United States To Embrace A Central Bank Digital Currency Next Tuesday, the United States Senate Banking Committee will hold […] дальше »
2020-6-25 18:00 | |
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Brazil Central Bank pulls the plug on Whatsapp’s mobile payments Service
The Central Bank in Brazil has suspended the WhatApp payment service by Facebook a week after its launch. According to reports, the Central Bank has ordered Visa and Mastercard to stop payments and transfer services through WhatsApp immediately. дальше »
2020-6-25 17:11 | |
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Italy Wants to Pilot a Digital Euro, Says CDBCs the Next Frontier for Finance
On the back of China, France, and East Asian countries mulling their digital currency projects, Italy announced last week the creation of a Digital Euro, CoinDesk reported June 22. Ensure Public Trust Last week, the Italian Banking Association (ABI) said the country’s private and central banks were willing to pilot a digital euro project, withRead MoreRead More. дальше »
2020-6-22 14:07 | |
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First Mover: ECB Stimulus May Offer Market Hope After Bitcoin Fails (Again) to Break $10K
After another failure above the $10,000 mark, some bitcoin traders are now looking ahead to this week's European Central Bank meeting, where authorities could commit to an extra €500 billion in money injections – er, asset purchases. дальше »
2020-6-4 14:33 | |
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Iran: President Rouhani Seeks Renewed National Crypto Strategy
According to a report by Iran-based news site ArzDigital, Iranian President Hassan Rouhani has directed the national government to chalk a new strategy for cryptocurrency mining. Iranian President Calls for Clear Crypto Mining Strategy Earlier this week, Iran President Rouhani instructed the officials from the Central Bank of Iran (CBI), energy department and information andRead MoreRead More. дальше »
2020-5-23 13:07 | |
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Fund Manager: Bitcoin’s Perfect Storm Is Here Because of “Reckless” Fed
Since the crypto bubble of 2017 that brought Bitcoin from under $1,000 to $20,000 in a year, analysts have been wondering what will spark the next rally. Many have put their faith in the Bitcoin block reward halving, which came to pass earlier this week, but more and more are becoming convinced that it is (somewhat ironically) central banks and governments that will start the next bull market to all-time highs for both gold and Bitcoin. […] дальше »
2020-5-19 15:00 | |
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Once In a Lifetime Money Printing Strengthens Bitcoin’s Bull Case Investor
Since the crypto bubble of 2017 that brought Bitcoin from under $1,000 to $20,000 in a year, analysts have been wondering what will spark the next rally. Many have put their faith in the Bitcoin block reward halving, which came to pass earlier this week, but more and more are becoming convinced that central bank... дальше »
2020-5-17 13:00 | |
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Here’s How Proposed Stablecoin Regulations Could Play In Favor Of Bitcoin and XRP
This week, Central banks got recommendations to heavily regulate, if not ban, stablecoins. The recommendations were outlined by the Financial Stability Board (FSB). This organization makes recommendations about financial systems to central banks and finance ministers of G20 member countries. дальше »
2020-4-19 21:51 | |
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Crypto Market Forecast: 6th April
Crypto assets continued a mini recovery this week. Large-cap assets enjoyed double-digit gains and a number of exchanges have reported a boost in new signups and KYC verifications. Bitcoin may be enjoying a boost as traditional markets and central banks continue to buffeted by the COVID-19 economic crisis. дальше »
2020-4-8 15:00 | |
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Looking At Gold, Should We Remain as Confident as Ever in Bitcoin’s Long-term Value?
In the past month, Bitcoin lost 50% of its value following the stock market, oil, Treasuries, and even gold as the coronavirus continues to spread. Central banks around the world have injected billions of dollars but the global markets are still taking a beating with broad falls across multiple sectors. This past week, bonds, US […] дальше »
2020-3-18 22:16 | |
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Tim Draper Believes Bitcoin Will Save The Day When The World Returns To Normalcy, Not Governments Or Banks
Last week was undeniably one of bitcoin’s worst week characterized by a brutal sell-off and flash crashes as investors grappled with the coronavirus pandemic that has rocked the whole world. With so many countries now in lockdown, world leaders and central banks have made stopping further spread of the virus their highest priority. Besides the […] дальше »
2020-3-17 14:38 | |
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India lifts ban on Bitcoin
India's supreme court lifted the two-year cryptocurrency ban last week, quashing an April 2018 order by the country's central bank that prohibited financial institutions from providing services "in relation to virtual currencies." дальше »
2020-3-10 20:00 | |
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India’s Watershed Crypto Ruling May Not Be Set in Stone: Here’s Why
Last week, Bitcoin bulls celebrated when it was revealed that India’s Supreme Court on Wednesday reversed anti-crypto restrictions placed on the industry by the nation’s central bank, the Reserve Bank of India. дальше »
2020-3-10 13:21 | |
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Bitcoin: An Option Call Against the ‘Wrecking Ball’ that is the Dollar
The Federal Reserve’s emergency interest rate cut this week highlighted that the central bank is anticipating the troubled times ahead. Raoul Pai, the CEO of Real Vision Group, says Bitcoin, like gold, is emerging as a worthy hedge against the potential demise of the dollar. дальше »
2020-3-7 01:00 | |
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The Dow Crashed on Friday Because Fed Credibility Is ‘Eroding’
The Dow Jones crashed in the week's final session as stock markets grew more concerned that central banks can't combat the coronavirus. The post The Dow Crashed on Friday Because Fed Credibility Is ‘Eroding’ appeared first on CCN.com дальше »
2020-3-7 23:15 | |
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Central Bank of China Pumps 300 Billion Yuan Into Financial System, Cuts Loan Rates
The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank. дальше »
2020-2-18 08:10 | |
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