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Myanmar’s Central Bank Wary of Volatile Cryptocurrencies; Cautions Investors to Not Trade
According to a report by The Myanmar Times, published May 20, 2019, the Central Bank of Myanmar (CBM) has warned investors against trading in cryptocurrencies due to their volatile nature. The Burmese Apex Bank Issues an Anti-Crypto Warning Aiming to safeguard novice investors from the volatile nature of digital currencies, the CBM earlier has issuedRead MoreRead More. дальше »
2019-5-21 13:00 | |
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Ripple Just Cut Transaction Times From 2 Days To 3 Minutes Between Saudi Arabia’s and India’s Bank
In yet another demonstration of the effectiveness of Ripple’s payment solutions, the project has launched a new remittance corridor… The post Ripple Just Cut Transaction Times From 2 Days To 3 Minutes Between Saudi Arabia’s and India’s Bank appeared first on Invest In Blockchain. дальше »
2019-5-21 10:08 | |
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Dutch Bank ABM AMRO Dumps Plans for Custodial Bitcoin Wallet “Wallie”
On May 20, 2019, The Next Web reported that major Dutch bank ABM AMRO had shelved its plans to launch a custodial cryptocurrency wallet called “Wallie” stating that digital assets are “just too risky. дальше »
2019-5-21 09:00 | |
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Oldest Thai Bank Talks About Vechain Next To Ripple And Bitcoin
Thailand’s largest commercial and oldest bank, Siam Commercial Bank, has released a blog post that indicates their interest in… The post Oldest Thai Bank Talks About Vechain Next To Ripple And Bitcoin appeared first on Invest In Blockchain. дальше »
2019-5-21 08:49 | |
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Ripple CEO Just Pitched Ripple To Top Bank Execs Including IMF Director
Ripple’s CEO, Brad Garlinghouse, while attending the Swiss National Bank Conference, spoke to several authorities in the financial industry… The post Ripple CEO Just Pitched Ripple To Top Bank Execs Including IMF Director appeared first on Invest In Blockchain. дальше »
2019-5-21 07:53 | |
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The Central Bank Of Myanmar Seeks To Shun Bitcoin as Crypto Adoption Grows at Rapid Pace
Myanmar, a small developing country tucked in the western side of Southern Asia is showing signs of ignoring the bitcoin craze that has been on since its development. Since bitcoin is built on a concept that could entirely do away with banks if adopted due to its decentralization aspect, central banks are a little terrified […] дальше »
2019-5-21 02:01 | |
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ABN AMRO backs out of crypto-race; ditches Bitcoin wallet project
Cryptocurrencies have gained tremendous traction and adoption in mainstream culture, with non-financial companies joining the digital race recently. While companies such as Nike and Microsoft have amped up their crypto-investments, some other major financial institutions are moving away from the underlying technology. дальше »
2019-5-20 21:30 | |
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U.S. Bank Say Bitcoin (BTC) is a Bubble, Will The Price Fall?
Bitcoin (BTC) in range mode JP Morgan Strategists say current prices echo those of late 2017 and could burst After analyzing Bitcoin as a commodity, JP Morgan strategists now say there is a divergence between actual and intrinsic values and that Bitcoin echoes the spike of Dec 2017. дальше »
2019-5-21 21:00 | |
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US Bank Say Bitcoin (BTC) is a Bubble, Will Price Fall?
Bitcoin (BTC) in range mode JP Morgan Strategists say current prices echo those of late 2017 and could burst After analyzing Bitcoin as a commodity, JP Morgan strategists now say there is a divergence between actual and intrinsic values and that Bitcoin echoes the spike of Dec 2017. дальше »
2019-5-20 21:00 | |
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EU Central Bank Comes Around on Crypto, Says They Pose No Financial Threat
On May 18, the European Central Bank (ECB) released a paper on crypto-assets and stated that they do not… The post EU Central Bank Comes Around on Crypto, Says They Pose No Financial Threat appeared first on Invest In Blockchain. дальше »
2019-5-21 19:07 | |
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EU's Central Bank Breaks Down Its Thoughts On Cryptocurrency
While the European Central Bank found that crypto assets have had a relatively small impact on the financial stability of countries that have adopted the euro, the bank says it's open to at least explore the possibility of a digitally issued euro. дальше »
2019-5-21 18:58 | |
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Crouching Bitcoin, Hidden Alt Season: BTC Demand Has Fundamental Drivers
Bitcoin’s 2019 surge has led to some pundits scaremongering again, telling the crypto community that it is entering another bull trap. Bitcoin demand does, however, have some fundamental drivers fueling it. дальше »
2019-5-21 18:53 | |
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Bibox Europe Gives Coinbase Competition; Offers Fiat On-Ramp for Traditional Investors After Equity Backing from Top Bank
Bibox Europe (Bibox EU) secured full regulatory compliance, allowing it to offer cryptocurrency offerings linked to the world of traditional finance.
дальше »2019-5-20 18:32 | |
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ABN AMRO signs on Accenture and ING Bank for its blockchain inventory platform
Despite abandoning plans to build its own Bitcoin wallet, ABN AMRO is not quite done with blockchain tech. The Dutch banking giant has announced plans to launch a decentralized trade inventory platform in collaboration with Accenture and ING Bank, according to a press release (spotted by CoinDesk). дальше »
2019-5-20 18:00 | |
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JP Morgan Analyst: Bitcoin (BTC) Trading Above Intrinsic Value
Analysts at Wall Street investment bank J. P. Morgan Chase believe that the price of Bitcoin has soared above its intrinsic value throughout 2019’s rally. According to new details emerging from the banking giant, JPM strategists. дальше »
2019-5-20 16:38 | |
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JPMorgan Believes Bitcoin Has Surged Past Its Intrinsic Value
JPMorgan Chase & Co, one of the largest banks in the world, says that the recent rally by Bitcoin is similar to the one it experienced two years ago. The bank maintains that the price spike means that BTC is trading above its intrinsic value. дальше »
2019-5-20 15:39 | |
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JPMorgan Tries Fear-Mongering in Attempt to Sabotage Rowdy Bitcoin Price Rally
By CCN: JPMorgan doesn’t love bitcoin. The bank – the United States’ biggest financial institution by assets – has been historically pessimistic about the flagship cryptocurrency, so just when bitcoin prices started going through the roof, it decided to crash the party with a dire warning. дальше »
2019-5-20 15:17 | |
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Vechain (VET) – Siam bank recognizes Vechain’s potential in proof-of-authenticity
It’s a well-known fact in crypto circles that Vechain is quite strong in product quality assurance. However, it’s a different ball-game altogether when a major institution recognizes it. Recently, Siam bank, the largest bank in Thailand, ran an article touching on blockchain and its uses in different industries. One of the blockchains that they recognized […] дальше »
2019-5-20 12:56 | |
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Bank of America: Биткоин растет из-за опасений глобальной рецессии
Внезапное и быстрое повышение цены биткоина до 8000 долларов в этом году свидетельствует о росте опасений по поводу глобальной рецессии. Так считает Майкл Хартнетт, главный инвестиционный стратег Bank of America Merrill Lynch. дальше »
2019-5-20 12:30 | |
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Terrified Central Bank Attempts to Arrest Myanmar’s Bitcoin Binge
By CCN: An emerging economy which expects to attract $5. 8 billion worth of Foreign Direct Investments is belittling its goals with an anti-technology stance. Myanmar is the latest developing country that is hinting to shut doors in the face of bitcoin, a decade-old global cryptocurrency which proposes to replace banks with a decentralized network of transaction validators and bookkeepers. дальше »
2019-5-20 12:10 | |
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Dutch bank ABN AMRO ditches its Bitcoin wallet because it’s ‘too risky’
Dutch bank ABN AMRO has decided to cancel its plans for a custodial cryptocurrency wallet, called Wallie, claiming that digital assets are “just too risky. ” Back in January, the rumor mill spun into action after images surfaced on Twitter that appeared to suggest Dutch bank ABN AMRO was designing a cryptocurrency wallet. дальше »
2019-5-20 11:30 | |
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Embattled OneCoin Denies Multi-Billion Dollar Ponzi Scheme Allegations
By CCN: OneCoin execs are sick of being called a Ponzi scheme. Allegations of ripping off churches are false too, they claim. In a lengthy letter to the Samoa Observer, the cryptocurrency-powered marketing company defended itself against what it considers to be false allegations OneCoin takes issue with news articles that were used by the Central Bank of Samoa (CBS), which fueled the Ponzi scheme narrative. дальше »
2019-5-20 00:30 | |
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Ripple’s xCurrent is kind of SWIFT 2.0, says CEO Brad Garlinghouse
Ripple’s three unique software products, xCurrent, xRapid and RippleNet have propelled significant adoption as well price rise for its native crypto-asset, XRP. The US-based technology firm aims to provide its users with “crypto-banking experience” with the aforementioned products. дальше »
2019-5-19 23:30 | |
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Dukascopy Bank Confirms It Has No Association With Questionable Crypto Firm GCG Asia
The forex bank and broker from Switzerland Dukascopy informed that it is not affiliated with the cryptocurrency and FX trading firm GCG Asia. This company has been claiming affiliation with its authorized brand. дальше »
2019-5-19 21:45 | |
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No ‘40% in a Day’ Altcoin Pumps Coming This Bull Market: Mike Novogratz
By CCN: If you’re on the edge of your seat for the “crazy altcoin pumps” that the market experienced in the 2017 bull run, you might be waiting a long time. Michael Novogratz, who is at the helm of crypto merchant bank Galaxy Digital, suggests that bitcoin will leave its smaller peers in the dust. дальше »
2019-5-20 21:00 | |
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Первая в мире сделка на DLT Всемирного банка
Всемирным банком при содружестве с австралийским CommBank была проведена первая в мировой практике торговая сделка сделка на DLT Всемирного банка. Об этом стало известно после официального заявления The World Bank о том, что была успешно завершена запись вторичной транзакции по облигационному займу, инструмента на основе DLT-технологии. дальше »
2019-5-19 20:37 | |
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Ripple CEO Brad Garlinghouse claims 6% of SWIFT transactions require human intervention
Amid reports of Ripple allegedly misrepresenting the actual amount of XRP in their escrow accounts, the US-based blockchain tech firm continues to be one of the fastest growing networks in the world. дальше »
2019-5-19 20:30 | |
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Report: Major Banks Are Investing $50 Million to Build Digital Cash Settlement System
First reported in 2017, the Swiss bank UBS-led project to create a digital cash settlement system is expected to get an investment of $50 million from some of the largest banks around the world. Unnamed sources linked to the project told Reuters May 17, 2019. дальше »
2019-5-19 18:00 | |
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Bitcoin Price Boom Signals Massive Dystopian Panic Over 2019 Recession: Analyst
By CCN: The sudden swell of Bitcoin’s price to $8,000 USD this year shows global recession fears are mounting. This according to Michael Hartnett, the chief investment strategist at Bank of America Merrill Lynch. дальше »
2019-5-20 17:30 | |
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European Central Bank: Crypto Currently Has No Significant Implications for Monetary Policy
It’s no secret that cryptocurrencies are not looked upon favorably by most major central banks across the world. Some crypto enthusiasts believe that central banks fear that the nascent technology could pose threats to existing monetary systems, while others believe that central banks will begin adopting the technology in the future. дальше »
2019-5-19 22:30 | |
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Despite Bitcoin (BTC) Stagnation, Economist Has High Hopes For The Crypto
Bitcoin (BTC) bears slow down In 20-30 years Bitcoin will be money says a BoE Chief Economist Andrew G. Haldane, the Chief Economist of the Bank of England, believes Bitcoin will be money in the next two to three decades. дальше »
2019-5-18 20:00 | |
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Ripple: Why Corporations, Banks Love It While Crypto Community Hates It
By CCN: Ripple is arguably the most divisive cryptocurrency. Earlier this year, the company surpassed a 200-customer milestone as financial institutions such as Transpaygo, WorldCom Finance, and Euro Exim Bank signed up for RippleNet. дальше »
2019-5-19 18:39 | |
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Bank of England’s Chief Economist Thinks Bitcoin Could Replace Cash
It took bitcoin an 85 percent crash followed by a 135 percent recovery to convince a prominent financial expert about its underlying potential. Andrew G Haldane, the chief economist of the Bank of England, said bitcoin is on its way to replace cash, according to an eyewitness’s account. дальше »
2019-5-18 16:37 | |
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JPMorgan, Citigroup, & MUFG among 2 others Fined $1.2 Billion for Manipulating 11 Currencies
Swiss bank UBS has been exempted from a fine of 285 million euro since it was the first to alert the regulators of this while Citigroup was hit the hardest with 210. 8 million euro penalty. Citigroup was followed by RBS and JPMorgan with 249. дальше »
2019-5-18 16:24 | |
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Bitcoin No Threat Yet but Crypto ‘Phenomenon’ Needs Monitoring: European Central Bank
By CCN: The European Central Bank (ECB) has found that crypto does not pose risks to financial stability in the Eurozone. The central bank does recommend, however, that European legislatures create a uniform approach to crypto-assets. дальше »
2019-5-19 15:40 | |
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Venezuela and Russia May Switch to Ruble After Trying ‘Petro’ Cryptocurrency
Venezuela and Russia are in talks to switch over to the ruble for trade after trying the ‘El Petro’ cryptocurrency, a UN ambassador has revealed. Venezuela and Russia ‘Currently Trying’ El Petro As Bitcoinist reported last December, Russian officials were introduced to El Petro but stopped short of confirming that it was going to be used. дальше »
2019-5-18 02:00 | |
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Russian Sberbank Demands Client Provide Data on Cryptocurrency Revenue
Russia’s largest bank Sberbank is making a client disclose information about their cryptocurrency revenue and details of their mining farms
дальше »2019-5-18 02:00 | |
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European Central Bank: Crypto Does Not Have Tangible Impact on Real Economy
In a recent report, the European Central bank claimed that crypto has no tangible impact on economic developments and monetary policy
дальше »2019-5-18 23:51 | |
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India: Private sector bank ‘blocks account for cryptocurrency use’; threatens to expunge credit facility
The Indian judiciary and banking elite have made clear their opinion on the use of cryptocurrencies in the past few years. After the central bank came down hard on private banks known to have ties with crypto-centric companies, now these private banks are doing the same to their customers as well. дальше »
2019-5-17 22:08 | |
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OneCoin: We're Totally Not A Scam
OneCoin, whose leaders have been indicted on wire and securities fraud as well as money laundering, took umbrage with a recent report by the Central Bank of Samoa calling the crypto project a "hybrid ponzi-pyramid scheme." дальше »
2019-5-18 19:49 | |
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