President of Russia says crypto 'may exist as means of payment'

2021-10-15 22:30

In an interview at the Russian Energy Week International Forum 2021, Russian President Vladimir Putin expressed uncertainty about the various use cases of cryptocurrency, other than for payments. He sThe post President of Russia says crypto 'may exist as means of payment' appeared first on AMBCrypto.

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JPMorgan Posts Crypto-Related Job Openings Signaling Crypto Ambitions

US bank JPMorgan Chase & Co. seems to be making new plans to enter the cryptocurrency scene. The bank’s recent job openings have led to reports of its growing cryptocurrency ambitions. JPMorgan’s Blockchain Jobs Openings for positions like “Cryptocurrency Risk Manager Vice President and Merchant Services-VP, Payments Partnerships (New Payment Methods)” can be seen on […] The post JPMorgan Posts Crypto-Related Job Openings Signaling Crypto Ambitions first appeared on BitcoinExchangeGuide.

2021-6-3 20:42


We’re Not A Bank & Don’t Want To Compete With Them: Microsoft President On Fintech Companies Issuing Currencies

Brad Smith says governments are best placed for that role. Meanwhile, the company is asking its Xbox customers about Bitcoin as a payment method. The post We’re Not A Bank & Don’t Want To Compete With Them: Microsoft President On Fintech Companies Issuing Currencies first appeared on BitcoinExchangeGuide.

2021-3-26 19:05


ECB’s President ‘Hunch’ is EU Might Push Forward with CBDC Plans; Decision to be made in January, 2021

European Central Bank (ECB) president, Christine Lagarde, said on Thursday that the EU would make its decision on whether to pursue a digital euro in January 2021. This comes as more jurisdictions pay closer attention to Central Bank Digital Currencies, given the accelerated paradigm shift to virtual payment networks amidst the COVID-19 pandemic.

2020-11-14 23:32


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ECB Wants Active Role in Crypto, Will Not Deter Private Solutions

The European Central Bank (ECB) wants to play an active role in the field of digital currency, said President Christine Lagarde. As the bank works on its own digital currency and an instant payment system, Lagarde emphasizes that “central bank initiatives should neither discourage nor crowd out private market-led solutions for fast and efficient retail […] The post ECB Wants Active Role in Crypto, Will Not Deter Private Solutions appeared first on Bitcoin News.

2020-1-9 16:02


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Germany: Central Bank Urges Europe To Strengthen Banking System Over CBDC Route

Jan Weidmann, the President of the Bundesbank, holds some very unique thoughts on the topic of money, digitization, and the network effect of payment services. Speaking with Handelsblatt, he offers his perspective on opposing Libra, which is centered around a market-oriented approach rather than endorsing the launch of a state-backed competitor such as a digital euro, JanuaryRead MoreRead More.

2020-1-4 02:00


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Nicolas Maduro refuses to give up on Venezuela’s state cryptocurrency El Petro

It seems that the government of Venezuela isn’t ready to give up on its state-issued cryptocurrency ambitions. Speaking during a state broadcast last night, President Nicolas Maduro said protectorates and states would receive one million Petros —  Venezuela’s home-brewed cryptocurrency — twice a month, from November onwards.

2019-10-17 16:14


Venezuela’s Largest Retailer And Local Crypto Pioneer, Traki, Launches Its First Ever Bitcoin ATM

The largest retailer in Venezuela, Traki, installs its first ever Bitcoin ATMs that allow customers to buy two cryptocurrencies, BTC and Dash (DASH). As the country crumbles under hyperinflation and sanctions from various countries across the globe, the government is turning to cryptocurrencies as a stable form of payment. Venezuelan president, Nicolas Maduro, announced the […]

2019-10-7 17:24


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Venezuela Formally Confirms Sanction-Skirting Cryptocurrency Payment System

Venezuelan President, Nicholas Maduro, has confirmed rumors that the country is launching a cryptocurrency-based payment network for domestic and international payments. An even more exciting development from here is that the country is looking to accept Bitcoin and Ethereum from a state-owned petroleum company which they will hold as a part of their monetary reserves,Read MoreRead More.

2019-10-2 01:00


XRP Community Gets Excited about Ripple’s Potential in The Federal Reserve’s ‘FedPayments’ System

In a recent tweet uploaded by Bank XRP, a popular XRP and Ripple supporter shared a few videos with representatives of different companies and agencies talking about the payment industry. In the first video, Dave Sapenaro, the First Vice President and COO of the Federal Reserve of St. Louis, said that there are hundreds of […]

2019-1-5 21:25