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Cryptocurrency Clampdown? Libra Forces EU to Consider Regulations and Own Stablecoin
A new European Union (EU) draft document says that the European Central Bank (ECB) should hasten progress towards issuing its own digital currency for use by the public ahead of Facebook’s Libra project. дальше »
2019-11-6 04:23 | |
European Union Ponders Issuing a Public Digital Currency to Compete With Facebook’s Libra
The European Central Bank (ECB) has recently considered the idea of issuing its public digital currency via a new draft document, according to Reuters. This is seen as a response against the Facebook backed project, as the company’s upcoming launch of the Libra has made regulators all over the world wary. Since Facebook shared plans […] дальше »
2019-11-5 21:25 | |
French Ministry of Education Publishes Bitcoin Resource Guide for Educators
As digital currencies transform the world, concepts like Bitcoin continue to percolate into academic courses and higher education worldwide. The French Ministry of National Education’s recently published economics and social sciences resource guide for teachers discusses cryptographic money like Bitcoin. дальше »
2019-11-1 20:59 | |
ECB President: ’We Should Be Happier to Have a Job Than to Have Our Savings Protected’
Newly installed European Central Bank President Christine Lagarde made controversial remarks in a recent statement prior to assuming her new role. The former IMF Managing Director implored: “isn’t it true that ultimately we have done the right thing to act in favour of jobs and of growth rather than the protection of savers?” Regarding former […] The post ECB President: ’We Should Be Happier to Have a Job Than to Have Our Savings Protected’ appeared first on Bitcoin News. дальше »
2019-11-1 10:13 | |
Mario Draghi Leaves European Central Bank Without Ever Raising Interest Rates
Preparing for a change at the top, the European Central Bank has decided to keep interest rates on hold and at their all-time lows. Mario Draghi, who had his last monetary policy meeting as president of the ECB, is leaving after an eight-year term during which key rates were never raised. дальше »
2019-10-25 23:45 | |
European Regulators won’t Oppose Stablecoins but Double-Down on Libra Warning
Benoit Coeure, a French economist and executive director on the ECB, believes now is the time to step up the weight of regulation for digital currencies. As per Bloomberg, Coeure believes Bitcoin and other major FinTech innovations were being closely watched and allowed to unravel in their sandbox, but now with Libra, there is anRead MoreRead More. дальше »
2019-10-18 19:00 | |
17 Trillion Reasons to Own Bitcoin, Starting with the Elephant in the Finance Market
According to the Bank for International Settlements report, the growing acceptance of negative interest rates has reached “vaguely troubling” levels. Investors have been now paying for the privilege of lending, support for which came from the top central banks including the US Federal Reserve, the ECB, and China’s PBOC that has the amount of bonds […] дальше »
2019-10-18 22:21 | |
European Central Bank Chair Warns Malta Authorities; Strengthen Crypto Regulations
Malta's Crypto Island, was recently called out by European authorities. Andrea Enria, the European Central Bank’s (ECB) chair of the supervisory board, recently asked the local authorities to monitor the growth of the local crypto industry. дальше »
2019-10-4 23:43 | |
ECB President on Libra: Crypto Still “Limited” In Impact on Financial System
ECB President Not Too Worried About Crypto… Yet Earlier this year, Facebook famously unveiled Libra to the world. The cryptocurrency project, billed as a way to empower billions, quickly became the talk of the town,... дальше »
2019-9-30 09:23 | |
ECB Pres. Says Crypto’s Aren’t Good Money Substitutes; But Facebook’s Libra Could Change That
September 27, Frankfurt. Mario Draghi, European Central Bank (ECB) president, states that he is of the opinion that cryptocurrencies and stablecoins are not designed to be an adequate replacement of money. дальше »
2019-9-28 16:18 | |
ECB President Recognises Future Potential in Crypto Assets as a Means of Payment
The outgoing president of the European Central Bank (ECB) believes that so far crypto assets have had few implications for existing monetary policy. However, Mario Draghi believes that this could change in the future. дальше »
2019-9-28 23:00 | |
ECB Exec: Libra Could Address Global Payments System Problems
Coinspeaker ECB Exec: Libra Could Address Global Payments System ProblemsECB Board Member Benoit Coeure has warned that private stablecoins like Libra are posing big risk to the monetary sovereignty, however, they can also solve some of the burning issues. дальше »
2019-9-26 11:00 | |
ECB Revives Plans for a Rival Coin to Libra & Bitcoin
It seems Facebook’s woes are starting to mount as the European Central Bank (ECB) revives plans to create its own digital currency in direct competition to Libra and bitcoin. Yet another Libra challenger steps up to the plate. дальше »
2019-9-18 19:59 | |
ECB Official: Stablecoins Pose Risks to Public Policy Priorities
Benoit Coeure of the European Central Bank says that stablecoins like Libra pose serious risks to public policy priorities
дальше »2019-9-17 20:19 | |
European Countries Step Up Response to Facebook’s Libra
The European Central Bank (ECB) and a number of countries in the region have stepped up their efforts in response to Facebook’s Libra, which has revived a competing ECB project for instant payments. дальше »
2019-9-16 13:30 | |
Facebook Crypto Libra Faces Grilling From 26 Central Banks Today
Facebook is set to go through another round of extreme questioning as it goes ahead with the plans to launch its controversial cryptocurrency Libra. The tech giant will face representatives of twenty-six central banks, including the Federal Reserve and the European Central Bank (ECB, in Basel, Switzerland, on Monday. дальше »
2019-9-17 11:36 | |
S&P Breakout to New Highs Underway as ECB Cuts Rates to Record Low & Restarts QE, BTC & Gold Falls Flat
This Friday the 13th, there is nothing that is spooking investors. This week several market events unfolded that has the S&P 500 and Dow Jones Industrial Average both coming close to touching the record highs. дальше »
2019-9-13 20:21 | |
Dow Secures 7th Straight Gain Despite Skyrocketing Inflation
The Dow continued its rally to the brink of all-time highs on Thursday, as the ECB’s stimulus package raised expectations for the Federal Reserve to cut rates next week. Traders also mulled the possibility of Trump offering a trade war olive branch to China, adding to the bullish mood on Wall Street. дальше »
2019-9-13 22:20 | |
ECB: Cryptocurrency Cannot Be Created By Member States, What This Means For Crypto
The European Central Bank (ECB) has attacked plans for an Estonian state-operated cryptocurrency. ECB President, Mario Draghi shut down any talk of the proposal by saying about crypto assets: “No member state can introduce its own currency…The currency of the euro zone is the euro. дальше »
2019-9-12 16:00 | |
Bitcoin Clueless as ECB Cuts Rate, and US-China Delay Tariffs
Bitcoin erased earlier gains on Thursday as US President Donald Trump said he would delay an increase in tariffs on Chinese goods. The benchmark cryptocurrency was trading at $10,156. 85 in post noon European trade, down by $3. дальше »
2019-9-12 15:26 | |
Risk Appetite Fuels Asian Stocks as Nikkei Surges to Four-Month High
Asian stocks were mostly higher on Thursday, as the prospect of U. S. -China trade talks and more stimulus from the European Central Bank (ECB) fueled risk appetite across the region. Nikkei Leads Asia Rally Japanese stocks were at the center of Thursday's early-morning rally, with the Nikkei 225 index rising 190. дальше »
2019-9-13 06:03 | |
Dow Soars 140 Points as ECB Loads Stimulus Bazooka
The Dow Jones zoomed above 27,000 on Monday as global stocks rose in anticipation of an ultra-dovish European Central Bank meeting on Thursday. Bullish sentiment spread along with easing trade war fears after China lifted tariffs on some US goods in an apparent attempt to unfreeze negotiations. дальше »
2019-9-12 22:10 | |
Global Markets Wait in Anticipation for Game-Changing ECB Policy Decision
Asian stocks traded mostly higher on Wednesday, while U. S. Treasurys notched fresh monthly peaks ahead of one of the most anticipated central-bank meetings of 2019. In less than 36 hours, the European Central Bank (ECB) will deliver a policy statement that could usher in a new era of monetary easing. дальше »
2019-9-12 05:51 | |
Incoming ECB President Advocates 'Open' Crypto Regulations
Christine Lagarde, the chairman of the International Monetary Fund (IMF) and presidential nominee for the European Central Bank (ECB), has urged regulators to remain “open” to the opportunities presented by distributed ledger technology when developing crypto regulations. дальше »
2019-9-10 03:30 | |
IMF Chief, ECB President Candidate Advocates for Crypto Regulation Transparency
The chief of the International Monetary Fund (IMF), Christine Lagarde, has recently affirmed that central banks should find the balance between protecting the customers and being open to innovation. She specifically cited cryptocurrencies as some of the innovations that the regulators should be more open to. According to her, the banks have to be more […] дальше »
2019-9-4 21:50 | |
Facebook’s Libra Slammed by European Central Bank Executive
According to news published on Bloomberg on Septemeber 2, Yves Mersch, an executive board member at the European Central Bank (ECB), stated that Facebook’s proposed Libra currency could undermine the European Central Bank’s ability to set monetary policy. дальше »
2019-9-3 09:00 | |
ECB Board Member is “Extremely” Concerned about Facebook’s Libra’s High Centralization, Shills Fiat Money
Facebook’s proposed cryptocurrency called Libra — scheduled for release in the first half of 2020 — according to European Central Bank’s board member Yves Mersch undermines ECB’s ability to set monetary policy. дальше »
2019-9-3 01:10 | |
ECB Board Member Claims Facebook’s Libra is Not a Real Crypto
News surrounding the imminent launch of Facebook’s cryptocurrency – dubbed Libra – captivated the world earlier this Summer, and although the hype surrounding the project has largely worn off, many analysts still view it as a catalyst for greater widespread adoption of crypto. дальше »
2019-9-3 00:00 | |
ECB Exec Rips 'Cartel-Like' Facebook Libra in Blistering Takedown
A member of the European Central Bank's executive board sounded the alarm on the "treacherous, cartel-like" Facebook Libra cryptocurrency. Yves Mersch issued a damning warning to not be fooled by Facebook's hollow promises of a decentralized ecosystem. дальше »
2019-9-3 23:45 | |
European Central Bank bigwig outlines why Facebook’s Libra isn’t real cryptocurrency
A representative of the European Central Bank (ECB) has slammed Facebook‘s quasi-cryptocurrency Libra, referring to its proposed ecosystem as a “siren call. ” Yves Mersch, Luxemborgian lawyer and ECB executive board member, even told attendees of the European System of Central Banks’ legal conference the Libra ecosystem will be “cartel-like. дальше »
2019-9-2 15:36 | |
Libra’s launch could weaken ECB’s ability to set financial policies, says ECB Board Member
Facebook’s Libra continues to face resistance from institutions across the globe. Yves Mersch, ECB Board Member, was the new entrant to join the list of Libra’s critics. Yves Mersch, who is a former Governor of Luxembourg Central Bank, believed that the proposed virtual asset’s launch could weaken European Bank’s ability to introduce monetary policies and […] The post Libra’s launch could weaken ECB’s ability to set financial policies, says ECB Board Member appeared first on AMBCrypto. дальше »
2019-9-2 15:13 | |
Brussel Think Tank Bruegel Recommends Helicopter Money to ECB
The continued persistence of low inflation in Europe may require radical tools according to one of the most influential think tank in the world, named by Mario Monti himself. Brussel... The post Brussel Think Tank Bruegel Recommends Helicopter Money to ECB appeared first on Trustnodes. дальше »
2019-8-30 20:19 | |
Bitcoin Price Boon: French Bank Predicts ECB To Activate QE Again
For both those involved in Bitcoin and traditional markets, all eyes have been on the world’s central banks over the past year. Many analysts claim that whatever the world’s leading monetary authorities decide to do with the economy will dictate the direction for global markets, and, potentially, the fate of the current fiat economic hegemony. дальше »
2019-8-30 15:00 | |
European Central Bank: Stablecoins May Be Vulnerable To Regulatory Uncertainty
The European Central Bank (ECB) has recently emitted a new report on the cryptocurrency market. This time, the banking institution approached the issues with stablecoins. The latest report touches on questions such as whether stablecoins can be a solution for the volatility of the crypto market and whether or not they have dangers related to […] дальше »
2019-8-30 22:54 | |
Bearish ECB Outlook Could be Bullish for Bitcoin, Claims Analyst
The global economy and Bitcoin (BTC) have both been incurring increasing volatility as of late, with the former’s volatility primarily being centered around recently released data from both the United States and Europe, which signals that the economy may currently be at a precarious point that requires a significant amount of monetary stimulus to be. дальше »
2019-7-27 01:00 | |
Bitcoin Rapidly Becoming “Safe Haven Asset” After Bullish Response to ECB Rate Cut News
Bitcoin is trading off of its 24-hour lows today, which has led the aggregated crypto markets to similarly climb higher. This move marked a slightly bullish response to the recent selling pressure that the markets... дальше »
2019-7-25 21:55 | |
‘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 | |
Главному экономисту ECB сказали: «Валютой будет то, что выберут люди!»
Недавно Европейский центральный банк (ECB) провёл сессию «вопросов-ответов» с пользователями Твиттера. Интересно то, что в ходе этого обмена ECB отказался признать биткоин валютой. Вопрос Юусо Иломаки, вероятно, возник из-за роста количества организаций, стремящихся защитить свои средства при помощи криптовалют. дальше »
2019-7-11 16:56 | |
The Bitcoin and Gold Advantage, Will BTC Trounce Status Quo?
Bitcoin (BTC) uptick, adds 16. 7 percent The entry of Lagarde as ECB chair is bullish for cryptocurrencies Gold and Bitcoin, according to leading analysts, are certified safe havens. The global economy may end up floundering. дальше »
2019-7-10 20:00 | |