2021-5-14 14:15 |
The Bank of England's deputy governor has argued that, with the possible rise of non-bank actors issuing currency, public money in digital form could serve as a crucial anchor for confidence in money as a social convention. origin »
2021-5-14 14:15 |
The Bank of England's deputy governor has argued that, with the possible rise of non-bank actors issuing currency, public money in digital form could serve as a crucial anchor for confidence in money as a social convention. origin »
Crypto Has No Intrinsic Value The Bank of England (BoE) Governor Andrew Bailey reiterated his earlier remarks that crypto investors should be prepared to lose all their money, per CNBC reports. According to Bailey, crypto-assets generally do not have any intrinsic value, and their value proposition is zero.
2021-5-8 20:36 | |
Bank of England Governor Andrew Bailey has warned the British investment public not to be caught up in the current cryptocurrency hype adding that crypto investors should be prepared to lose all their money.
2021-5-8 20:00 | |
Bank of England Governor Andrew Bailey has once again offered a not-so-upbeat take on cryptocurrencies
2021-5-8 16:57 | |
The fallout sparked by reports that the Central Bank of Nigeria (CBN) printed over $150 million for states’ funding continued a few days after the allegations were initially made. In the latest twist, the opposition People’s Democratic Party (PDP) vice-chairman Dan Orbih said the CBN governor Godwin Emefiele’s response to the allegations is “politically motivated.” […]
2021-4-21 05:30 | |
The Bank of Thailand (BoT) has declared THT, a Baht-pegged stablecoin on Luna-powered Tera, in violation of the Currency Act of 1958, which gives the state exclusive authority to issue money. Pruettipong Srimachand, Assistant Governor of the Legal Group at the central bank, reported on the development around stablecoins in the private sector.
2021-3-18 19:31 | |
Bitcoin does not have a plausible claim to be the money of the future, according to the Deputy Governor of Canada’s Central Bank. During a recent speech in Montreal, Deputy Governor Timothy Lane The post Canada's central bank will issue a CBDC 'only when the time is right' appeared first on AMBCrypto.
2021-2-11 10:00 | |
Gabriel Makhlouf said investors are likely to lose their entire investment as Bitcoin and other cryptocurrencies go to zero. The post Ireland Central Bank governor says Bitcoin investors are going to lose ‘all their money’ appeared first on CryptoSlate.
2021-2-2 23:34 | |
Although major entrepreneurs have shown their support for Bitcoin, regulators, at least in Ireland, seem to have taken a step away from the asset. According to the governor of the Irish central bank, The post Central Bank of Ireland Guv: Bitcoin investors could lose ‘all their money’ appeared first on AMBCrypto.
2021-1-30 02:30 | |
Despite being worried about consumer protection, the central banker is confident that Bitcoin is no threat to financial stability.
2021-1-29 16:36 | |
The star money manager made a big Bitcoin bet back when the project was in its nascency. The post Early Bitcoin advocate Chamath Palihapitiya to contest for California governor appeared first on CryptoSlate.
2021-1-28 20:04 | |
In a speech to the Brookings Institution on Thursday, September, 3, the head of the Bank of England warned about digital currencies like Bitcoin. He said that the leading crypto has “no connection” to money.
2020-9-3 21:29 | |
Bitcoin has "no connection" to money, says Bank of England governor Andrew Bailey
2020-9-3 17:45 | |
With more central banks around the world studying the issuance of their own digital currencies, Bitcoin and Libra could still find a purpose to be part of a future when money becomes purely digital. That’s according to Raghuram Rajan, former governor of the Reserve Bank of India.
2020-8-20 13:01 | |
Australian Reserve Bank governor Philip Lowe says that somebody always pays for money printing.
2020-7-22 07:50 | |
A law was recently signed by Wyoming Governor Mark Gordon which will allow insurance firms to invest in Bitcoin and other cryptocurrencies. Institutional money, although small, may soon be coming from insurance firms based in Wyoming.
2020-4-16 04:15 | |
The newest member of the Senate, Kelly Loeffler (R-GA) sold a million dollars worth of stock shares in the days after a private meeting on coronavirus (Covid-19) that hammered US equities. Appointed to her office by the Georgia state’s governor, Loeffler then put money into a technology company that sells telecommunicating software. On January 24, […]
2020-3-20 20:03 | |
BoE's governor Andrew Bailey, who claimed that Bitcoin (BTC) had no intrinsic value, to unleash 'unlimited' money printing
2020-3-18 18:36 | |
Many skeptics have come forward over the years to lambast bitcoin. Some believe it has no value, hence it will eventually collapse. Others believe it is a bubble that is bound to burst and frustrate its investors.
2020-3-6 09:13 | |
Andrew Bailey has once again cast shade on Bitcoin. The incoming governor of the Bank of England said that those investing in the digital asset should be prepared to lose all their money. Bailey appears to have given the remarks during a Treasury Select Committee hearing with members of parliament today.
2020-3-5 00:05 | |
Andrew Bailey, the next governor of the Bank of England, warns investors about the pitfalls of Bitcoin (BTC)
2020-3-4 22:13 | |
The Governor Lael Brainard, of the US Federal Reserve on Wednesday stated Facebook’s digital currency project Libra faces a “core set of legal and regulatory challenges.” Social media giant’s stablecoin that is linked to fiat money and other sound assets to mitigate fluctuations in the price of cryptocurrencies like Bitcoin, remains unproven with a vague […]
2019-12-18 21:12 | |
Poland has bought 100 tons of gold from the Bank of England, making it the 22nd biggest bullion holder in the world. Would it benefit from putting this money into Bitcoin instead? According to BNN Bloomberg, the Central Bank Governor Adam Glapinski told reporters that the gold reserves represent “the strength of the country.
2019-11-29 17:06 | |
Lebanon Public Prosecutor Ghassan Oueidat released an order that has imposed a ban on traders and money exchangers from taking significant amounts of dollar currency out of the country. This is until a new mechanism is determined for regulating such transfers.
2019-10-28 16:17 | |
Holding, selling, and purchasing of bitcoin are illegal in Iran, an official with the central bank told Tasnim News. Deputy governor for new technologies, Mr. Nasser Hakimi, said on Monday that the Supreme Council on Countering Money Laundering had banned bitcoin trading.
2019-7-8 12:03 | |
The deputy governor of Japan’s central bank predicts a large user base for Libra and warns Facebook to comply with money laundering and risk management regulations. Libra’s ‘enormous’ user base According to Bank of Japan Deputy Governor Masayoshi Amamiya, Libra could have a high user base in the future.
2019-7-6 22:10 | |
Despite favorable regulation, Bank of Japan Deputy Governor Masayoshi Amamiya stated that digital currencies operators must comply with regulations on money laundering and risk management. The announcement was made in reference to the launch of Libra, the new global cryptocurrency from Facebook.
2019-7-6 19:00 | |
Bank of England governor Mark Carney spoke positively about the Utility Settlement Coin project, now dubbed Fnality, during a appearance Thursday.
2019-6-21 20:10 | |
By CCN: Deutsche Bundesbank president Jens Weidmann has added a dampener to discussions on central bank digital currencies (CBDC), claiming they would destabilize financial systems and worsen bank runs.
2019-6-9 13:15 | |
According to the Dawn, a local media outlet, Pakistan’s central bank has announced plans to have a digital currency by 2025. Digital Version of the Pakistani Rupee Speaking about the regulation of Electronic Money Institutions, non-bank entities that will be allowed to issue “e-money” for digital payments, Pakistan’s State Bank Deputy Governor Jameel Ahmad told the audience that digital currency is more efficient.
2019-4-3 04:00 | |
The Pakistani government will now regulate local cryptocurrency firms under new legislation. Local news outlet The Express Tribune reported that the government of Pakistan will introduce Electronic Money Institutions (EMI) regulations based on the recommendations of the Financial Action Task Force (FATF).
2019-4-2 01:33 | |
Activist group Blockchain Advocacy Coalition (BAC) has sponsored a bill in California’s 19th State Assembly District, set to allow legal cannabis businesses in the district to pay their state taxes using cryptocurrency.
2019-3-1 20:16 | |
Estonia’s e-Residency program allows location-independent non-citizens and firms to access services such as banking digitally. Cryptocurrency firms have particularly embraced the program warmly with around 600 of them estimated to be registered there currently.
2019-2-2 15:30 | |
According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act.
2019-1-24 20:28 | |
Continuation Of Future Forum 2018 Leads To Discussion Of Ripple And XRP By Governor Mark Carney “Money is evolving. ” That is the first sentiment that readers come across when visiting the official website for the Bank of England, leading them to the Future Forum 2018.
2019-1-11 07:15 | |
Over the last four years, the European Central Bank has managed to inject €2. 6 trillion into the banking system in order to maintain economic stability. To be clear, these cash injections have been one of the only things propping up the economy, and even the Governor of the ECB has now admitted that.
2018-12-15 03:00 | |
Recently, the CEO of Ohio-based nonprofit JumpStart Inc. announced that his company, along with six others, would invest vast sums of money into Ohio’s blockchain startups.
2018-12-3 19:32 | |
Retail payments in Sweden are now almost entirely cashless. Without a central bank digital currency (CBDC) Sweden’s entire payments market would be reliant on the private financial sector. Cecilia Skingsley, Deputy Governor of the Central Bank of Sweden, has authored an article as part of the World Economic Forum’s Annual Meeting of the Global Future Councils.
2018-11-12 04:00 | |
Following the 2018 midterm elections, the U. S. will see two new pro-Bitcoin governors sworn into office. Jared Polis (D-CO) and Gavin Newsom (D-CA) both won out against their respective Republican contenders last night, November 6, 2018.
2018-11-7 20:44 | |
In theory, a Central bank cryptocurrency could help enhance a nation’s monetary policy by allowing Central Banks to charge interest on deposits of households and firms, encouraging people to spend rather than hoard their money.
2018-10-22 19:00 | |
A California Senate bill awaiting Governor approval would make it illegal to create and operate a social media “bot” for the purpose of influencing a political vote or obtaining money unless it was made explicit that it was a bot.
2018-9-8 19:25 | |
The Bank of England has warned U. K. lenders to study cryptocurrencies before doing business in the space. In a letter sent out to the financial institutions in the country yesterday, the Bank of England Deputy Governor Sam Woods warned financial companies to take appropriate steps to protect themselves against "exposure to crypto-assets" which he believes are susceptible to "fraud and manipulation, as well as money-laundering and terrorist financing risks.
2018-6-29 18:17 | |
Reports out today highlight some insight into how Romania’s central bank, the National Bank of Romania (NBR) view cryptocurrencies. This follows an international trend that is seeing more and more central banks weigh in on cryptocurrencies, each with differing views and approaches.
2018-6-15 12:30 | |
]In a fresh new twist, the Reserve Bank of India (RBI) has admitted to issuing its ban on cryptocurrency-related accounts spontaneously, without taking time to study and understand how cryptocurrencies work.
2018-6-13 23:40 | |