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Фото:

Venezuela and Russia in Talks to Use State-Backed Petro Cryptocurrency for Bilateral Trade

Venezuela, a South American country embroiled in a bitter political impasse, is negotiating with Russia over abandoning the USD in their bilateral trade settlements. The two countries are in talks over the use of the Russian ruble, according to Jorge Valero, Venezuela’s representative in UN’s Geneva offices. дальше »

2019-5-20 15:24


Nicolas Maduro urges wider purchase of Petro [PTR] as crypto-adoption surges in Venezuela

Nicolas Maduro, the President of Venezuela, introduced Petro [PTR] in 2018 to “revive” the nation’s crumbling economy. The launch of the state-backed cryptocurrency was speculated by many to be an attempt at dodging economic sanctions imposed by the US, since banking institutions had been widely affected by them. дальше »

2019-4-26 12:45


Mueller Report: Russia Funded U.S. Election Snooping, Manipulation with Bitcoin

By CCN. com: It is no news by now that the long-awaited Mueller Report has revealed extensive Russian efforts to interfere with the 2016 U. S. presidential election. While much attention has been focused on whether or not president Donald Trump was in any way complicit with these efforts, what is less reported is that the report showed that state-backed Russian operatives used bitcoin extensively in their attempts to impede Hilary Clinton and help Donald Trump’s campaign. дальше »

2019-4-22 09:46


Фото:

Iran Unveils Payman, Its Central Bank Issued Digital Currency

Iran has unveiled a new state-backed cryptocurrency called ‘Payman’. The cryptocurrency will be used by Iran to try and circumvent sanctions imposed on it by the United States. Due to the sanctions, the country’s financial network has been isolated from SWIFT, making it almost impossible for it to operate its imports and exports. дальше »

2019-2-8 16:04


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South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability

South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial stability. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability appeared first on Bitcoin News. дальше »

2019-2-7 16:40


Фото:

South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity

South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial integrity. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity appeared first on Bitcoin News. дальше »

2019-2-7 16:40


Mining Bitcoin or the ‘Crypto-Ruble’ Just Another Form of Counterfeiting, Claims Russian Banking Chief

The head of VTB Bank, a major Russian financial institution that sees the government as its majority shareholder, has compared bitcoin mining with counterfeiting. Andrei Kostin, who serves as the president and the chairman of the management board of VTB Bank, said Monday during an event that any person who prints digital money to replace Russian Ruble was counterfeiting the state-backed fiat. дальше »

2019-2-6 10:15


Фото:

Iran Embraces Blockchain Technology while Egypt Considers a State-Backed Cryptocurrency

While the cryptocurrency bear market shows no signs of slowing down, countries across the world are swiftly exploring the potential of blockchain technology and virtual currencies. Joining the legion of blockchain “friendly” nations are Iran and Egypt, who have both voiced their intentions to deploy the disruptive technology in a controlled capacity as per reports on December 16, 2018. дальше »

2018-12-19 18:00


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After Blockchain Push, UAE Investigates Ripple (XRP) and a National Cryptocurrency

A major payments provider in the United Arab Emirates (UAE) is implementing blockchain-based systems to operate remittance facilities, while the country’s government is discussing the creation of a state-backed cryptocurrency in partnership with Saudi Arabia, as per two reports in the week of December 11, 2018. дальше »

2018-12-17 18:00


Venezuela to Offer Petro Crypto as Oil Unit of Account at Upcoming OPEC in 2019

Petro is the state-backed currency of Venezuela, but they want to expand its use to be applied to oil as well. They are planning to present their option as a “digital currency of oil” at the Organization of the Petroleum Exporting Countries (OPEC) next year, according to a twitter post from PDVSA. The translated tweet […] дальше »

2018-11-10 01:04


Sweden to Bring Forward Launch of State-Backed Digital Currency e-Krona

The government of Sweden has called for plans to launch a digital version of their fiat currency, the krona, to be brought forward. As the country moves rapidly towards a cashless future, there are concerns that citizens will turn to means of payments provided by “private agents” without “state-guaranteed” digital cash. дальше »

2018-10-26 21:00


Venezuela President Tells Citizens To Invest In Petro Cryptocurrency and Gold With Bonuses

Venezuela’s President Tells Citizens To Invest In Gold And The Petro Crypto Nicolas Maduro, the president of Venezuela, has been reported by the local media outlet Noticiero Digital to go to television and ask workers to invest in gold and in the Petro, the new state-backed cryptocurrency which will allegedly be backed by Venezuelan oil. […] дальше »

2018-10-19 22:14