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Doubts Surface Over China Central Bank Currency Plan

People’s Bank of China may be ready with the top-level rules for its hypothetical state-backed digital asset, but doubts are still surfacing over the project’s wider application. China Central Bank Currency Meets Fresh Skepticism The central bank has announced it will “continue its solid study on the digital currency and keep monitoring the latest development of digital currency initiatives around the world,”reported Ejinsight. дальше »

2020-1-15 18:30


New York State Gov Andrew Cuomo Wants BitLicense Creator NYDFS to Have More Power

New York’s governor Andrew Cuomo wants the Department of Financial Services (NYDFS) to have more power when it comes to regulating licensed entities, cryptocurrency startups included. Presenting his “state of the state” plan for 2020 on Wednesday, he published 321 pages of proposals that include a new perspective on existing exemptions some consumer financial services […] дальше »

2020-1-9 21:19


Litecoin doesn't have anything to compensate for Mimblewimble's shortcomings

Litecoin, the Vegeta to Bitcoin's Goku, has been rolling out updates for its Mimblewimble project since the Foundation's plan to implement the protocol was announced last year. The new protocol would The post Litecoin doesn't have anything to compensate for Mimblewimble's shortcomings appeared first on AMBCrypto. дальше »

2020-1-3 17:45


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Harsh Laws Make Bitcoin Holders Consider Renunciation or Dual Citizenship

As digital currencies become a mainstay in society, a great number of governments have enforced strict tax guidelines, severe money transmission rules, and tough regulations. Because of a few nation-states’ harsh rules against cryptos, there are individuals who plan to renounce their citizenship in order to become stateless. дальше »

2019-12-28 20:08


Sweden’s Central Bank, Riksbank, Partners with Accenture to Develop CBDC Dubbed ‘E-Krona’

The wave of Central Bank Digital Currency (CBDC) is gaining momentum after China’s progress and expected coin launch in 2020. Sweden is the latest country to announce a pilot test plan for the ‘e-krona’ digital currency; this will be its CBDC in the near future as more governments continue to embrace FinTech in digital payments. […] дальше »

2019-12-14 19:12


38% of Asset Managers with State Street Plan to Invest in Crypto Next Year

While Bitcoin used to be an asset that investors stayed away from, many asset managers are considering adding it to their own portfolios nowadays. In a statement by the managing director of digital product development and innovation at State Street, Jay Biancamano, it looks like next year could be lucrative for the crypto market, but […] дальше »

2019-12-8 21:15