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On FinCEN Files and Fallacy of Traditional Monetary System
The recently leaked FinCEN Files — thousands of “suspicious activity reports” and other US government documents — offer an unprecedented view of global financial corruption, the banks enabling it, and the government agencies that watch as it flourishes. дальше »
2020-10-13 12:21 | |
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Japan’s central bank to start CBDC tests next year
Central bank digital currency (CBDC) development has seen a lot of progress in 2020, as central banks of most advanced nations rushed to develop their own coins. Many have already started testing, with China still being in the lead. дальше »
2020-10-10 11:59 | |
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Crypto banks are going to swallow fiat banks in 3 years — or even less
In three years, a younger generation of banking customers won’t do business with a traditional fiat bank unless it offers access to crypto. дальше »
2020-10-12 11:00 | |
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The true effect of Bitcoin FOMO hitting institutions
80% of institutional investors believe that the recent Coronavirus-led quantitative easing policies adopted by Central Banks and governments could lead to a rise in inflation. In the next five years, The post The true effect of Bitcoin FOMO hitting institutions appeared first on AMBCrypto. дальше »
2020-10-10 21:00 | |
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Seven Major Central Banks Collaborate to Release First CBDC Report, Highlighting Key Principles
The Bank of International Settlements (BIS), along with seven other prominent central banks, has published a report on the feasibility of issuing CBDCs to complement monetary policy. According to the 26-page document, CBDC’s should be based on foundational principles and core features that will enable the prospectus digital currencies to function effectively. дальше »
2020-10-9 20:52 | |
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Bitcoin News Roundup for Oct. 9, 2020
With BTC breaking above $11K and central banks collaborating to standardize CBDCs, CoinDesk’s Markets Daily is back for your latest crypto news roundup! дальше »
2020-10-10 19:00 | |
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Up or down? Bitcoin (BTC) price prediction for October
Bitcoin (BTC) price gained 2. 4% yesterday to clear the short-term resistance at $10,500. The buyers have extended their weekly gains today by recording a 3-week high above the $11k mark. Fundamental analysis: CBDC plans accelerated Reuters reports that a group of seven central banks met today to discuss a potential roll-out of central bank digital currency (CBDC) in the future. дальше »
2020-10-10 17:04 | |
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Central Banks and BIS release their initial analysis of CBDC
In the wake of regulatory concerns, seven central banks have come together and released a report identifying the "foundational principle necessary for any publicly available CBDCs to help central bankThe post Central Banks and BIS release their initial analysis of CBDC appeared first on AMBCrypto. дальше »
2020-10-9 16:30 | |
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Bank for International Settlements Partnered with Seven Central Banks to Detail CBDC Expectations
Coinspeaker Bank for International Settlements Partnered with Seven Central Banks to Detail CBDC ExpectationsThe report indicates that a CBDC should be easily convertible, convenient to all, possess an unmatched security system, have high speed, and should be of legal sound. дальше »
2020-10-10 16:07 | |
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Central banks detail CBDC expectations in massive joint document
The report is a major step towards pushing central bank digital currencies forward.
дальше »2020-10-10 10:00 | |
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The Netherlands bank starts offering accounts for utility tokens
Rabobank, one of the banks from the Netherlands, just became the first bank in the country to offer accounts for utility tokens. It currently facilitates the 2Tokens Foundation with a bank account, and the move represents a massive step in the right direction for crypto adoption, as well as for applying tokenization in modern society. дальше »
2020-10-7 12:01 | |
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Deutsche Bank: Attempts to Implement Digital Currencies May Lead to Social Tensions
One of the largest banks in Germany published a report on the prospects and risks of digital currencies issued by central banks. According to the bank's experts, CBDC will reduce the level of privacy of payments and may lead to social unrest. дальше »
2020-10-11 14:53 | |
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European Central Bank (ECB) Must be Ready to Issue a Digital Euro, Says Board Members
ECB board member Fabio Panetta said on Friday that the European Central Banks should be preparing to issue a digital euro. In a study published on Friday, the ECB said a digital euro could help an environment where citizens have abandoned cash, other means of payments became unavailable, or foreign forms of electronics have taken […] The post European Central Bank (ECB) Must be Ready to Issue a Digital Euro, Says Board Members first appeared on BitcoinExchangeGuide. дальше »
2020-10-4 16:28 | |
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All Currencies Will Be Pegged to Bitcoin, Says ‘Price of Tomorrow’ Author Jeff Booth
Entrepreneur and popular author Jeff Booth has predicted a grim future for fiat currencies, expecting them to fail as central banks keep printing money. Foreseeing an unavoidable, severe depression and banking failure, he believes bitcoin will become the world’s reserve currency and all national currencies will be pegged to it. дальше »
2020-10-4 23:40 | |
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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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Survey Shows Banks and Governments Still View Crypto as Risky
The Royal United Services Institute (RUSI), the UK’s “leading” defense and security think tank, has released the findings of a new survey on perceptions of the crypto industry. Conducted in partnership with the Association of Certified Anti-Money Laundering Specialists (ACAMS) and market research firm YouGov, the survey represents 566 unique responses from across the global […] The post Survey Shows Banks and Governments Still View Crypto as Risky appeared first on BeInCrypto. дальше »
2020-9-30 18:30 | |
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Ripple Partner ACI Worldwide Partners With Mastercard To Develop Real-Time Payment Solutions For Central Banks
Ripple partner ACI Worldwide has announced an extensive strategic collaboration with leading financial services company Mastercard on September 29. As part of the partnership, ACI Worldwide and Mastercard will create real-time payment solutions for central banks and other market participants. дальше »
2020-10-1 15:59 | |
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ConsenSys to Lead Phase Two of Hong Kong and Thailand’s Cross-Border CBDC Project
ConsenSys has been awarded the contract to lead phase two of the cross-border payments ‘CBDC’ project between Hong Kong and Thailand. Dubbed project ‘Inthanon-LionRock,’ the initiative follows successful research by the central banks of both jurisdictions, which found an additional value case in building a cross-border CBDC. дальше »
2020-9-30 23:31 | |
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The Ultimate Guide to Choosing a Crypto-Friendly Bank
Coinspeaker The Ultimate Guide to Choosing a Crypto-Friendly BankWhile cryptocurrencies have been with us for already some time, it's still common to read unpleasant stories about banks rejecting crypto payments or freezing accounts for digital asset-related activity. дальше »
2020-9-29 20:59 | |
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Transfer Money in Nigeria Instantly with Cryptocurrencies using Cryptofully.com
Cryptofully. com is offering Nigerian investors from around the world to transfer money to Nigeria in a simple two-step process through Bitcoin. 12 September 2020, Lagos. Cryptocurrency owners can now send funds across the world to Nigerian Naira accounts without the requirement of registering on a new platform. дальше »
2020-9-29 19:46 | |
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Crypto Long & Short: The OCC’s Stablecoin Statement Is a Seed of Financial Innovation
Noelle Acheson talks about how the latest OCC statement that says banks can support stablecoin reserves is an innovation trigger in disguise. дальше »
2020-9-29 04:51 | |
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US Federal Reserve Actively Working on Digital Dollar
The Federal Reserve Board of Governors and several Federal Reserve Banks are actively working on the digital dollar. Legislation has proposed that each American could have an account at the Fed for transacting in the central bank digital currency. дальше »
2020-9-27 21:30 | |
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Ripple’s XRP Up 5.5% in Past 24 Hours, XRP Poised to Act as Neutral Bridge Asset between CBDCs
Coinspeaker Ripple’s XRP Up 5. 5% in Past 24 Hours, XRP Poised to Act as Neutral Bridge Asset between CBDCsAs global central banks work to implement their own CBDCs, Ripple through RippleNet and XRP is eyeing to connect different global CBDCs. дальше »
2020-9-26 18:04 | |
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Fed Researching CBDC & Planning to Deposit ‘Digital Dollars’ Directly To the Digital Wallets of Americans
Federal Reserve Bank of Cleveland President Loretta Mester revealed that each American would receive digital dollars directly. She said, “Legislation has proposed that each American have an account at the Fed in which digital dollars could be deposited, as liabilities of the Federal Reserve Banks, which could be used for emergency payments. дальше »
2020-9-24 17:32 | |
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Visa wants to advance its crypto payment tech and help banks explore CBDCs
Cuy Sheffield, senior director and head of crypto at Visa said in a report today that the global payment network, Visa, was advancing its work on its cryptocurrency payment technology and that it woulThe post Visa wants to advance its crypto payment tech and help banks explore CBDCs appeared first on AMBCrypto. дальше »
2020-9-24 00:08 | |
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CIA is showing a deep interest in crypto and blockchain
The crypto industry has seen a growing popularity in the United States, and interest seemingly skyrocketed after the Comptroller of the Currency allowed banks to offer crypto custody. Now, even the US Central Intelligence Agency (CIA) seems to have developed a deep interest in these emerging technologies. дальше »
2020-9-23 11:41 | |
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National Banks & FSAs Can Hold Reserves for Stablecoin Issuers: US Federal Banking Regulator & SEC
The Office of the Comptroller of the Currency (OCC) issued new guidance regarding stablecoins on Monday. “National banks and federal savings associations currently engage in stablecoin-related activities involving billions of dollars each day,” said Acting Comptroller of the Currency Brian P. дальше »
2020-9-23 17:06 | |
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US banks can hold reserves backing crypto stablecoins
In a fundamentally important development for the cryptocurrency industry, the US Office of the Comptroller of the Currency (OCC) said today that national banks and federal savings associations are legally allowed to hold the currency “reserves” that back stablecoins. дальше »
2020-9-23 17:00 | |
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US Banks Can Now Hold Reserves for Stablecoin Issuers, Says Federal Banking Regulator
The U. S. Office of the Comptroller of the Currency (OCC) on Monday published a letter clarifying that national banks and federal savings associations can now hold reserves for stablecoin issuers in the country. дальше »
2020-9-23 17:00 | |
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Comptroller of the Currency reveals another ability of US banks
Brian Brooks, the acting US Comptroller of the Currency, recently made a massive crack in the US’ anti-crypto armor by allowing banks to offer crypto custody. Now, the Comptroller made another major announcement, noting that national banks and federal savings associations can hold reserve funds for stablecoin issuers. дальше »
2020-9-22 13:30 | |
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Bitcoin Cash, VeChain, Dogecoin Price Analysis: 22 September
The cryptocurrency market saw losses on Monday, as traditional stock markets plummeted sharply. This could be related to news reports that large banks were involved in money laundering transactions. дальше »
2020-9-22 11:00 | |
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Australian Reserve Bank says there is no need for a CBDC
As many of the world’s leading countries’ central banks continue their rush to be the first to launch their own CBDC (Central Bank Digital Currency), Australia seems to be absent from the race. дальше »
2020-9-22 10:24 | |
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