2023-1-4 22:47 |
The U.S. Federal Reserve and other regulators issued a crypto warning for the banking system Tuesday, though the statement doesn’t extend any new policies about how traditional lenders deal with digital assets. origin »
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Singapore-based crypto exchange Crypto.com published its proof of reserve on 11 November and Shiba Inu [SHIB] took center stage. The move to publish the proof of reserve was in line with an industry-wThe post The FTX aftermath: Exchanges shoulder this shared responsibility of... appeared first on AMBCrypto.
2022-11-13 22:30 | |
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The U.S. Federal Reserve’s new real-time payments service likely isn’t going to substitute crypto, although it does play the same ambitious card
2019-8-9 21:16 | |
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The Fed could surely stifle the cryptocurrency industry, but it doesn’t have the power to completely kill it
2019-8-8 17:50 | |
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The Indian government is planning to introduce its controversial bitcoin ban bill in December-January parliamentary session, according to local crypto news provider Crypto Kanoon. The decision surfaced during an ongoing court hearing between the Reserve Bank of India (RBI) and regional cryptocurrency exchanges.
2019-8-8 15:00 | |
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The U.S. Federal Reserve is planning to release a real-time payment and settlement service in order to boost the payments infrastructure in the country
2019-8-6 23:25 | |
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Another week, another of Crypto Tidbits. Over the past seven days, Bitcoin actually managed to regain some of its bullish steam. As of the time of writing this, the cryptocurrency is trading at $10,500, just $200 of the weekly high established on Friday.
2019-8-4 00:00 | |
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Let us control the money of a nation, and we care not who makes its laws. Think back to the most powerful men in all of history… History buffs would point to Julius Ceaser, Napolean Bonaparte, or Peter the Great of yesteryear, the politically inclined would suggest Henry Kissinger during the peak of the Cold […] The post Federal Reserve rate-cut portrays how decentralised the crypto markets truly are appeared first on AMBCrypto.
2019-8-2 18:30 | |
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India – that has proposed a total ban on crypto yesterday – had planned to regulate digital currencies at first but the Reserve Bank of India (RBI) has forced the inter-ministerial cryptocurrency committee to prohibit the digital assets.
2019-7-27 13:13 | |
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Following the testimony of the US Federal Reserve Chairman regarding Cryptocurrencies and those of the St. Louis Fed President, Bitcoin prices have started slipping again from its year to date high of $13,387.
2019-7-25 13:54 | |
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Inflation is a favorite antagonist in the cryptocurrency community. Most investors are probably familiar with the graphs showing how much value the U. S. dollar has lost since 1933, when the Federal Reserve left the gold standard.
2019-7-24 19:02 | |
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Crypto exchanges’ native tokens may serve as a decent alternative to both world reserve currencies and popular cryptocurrencies. Trading platforms stake on their own tokens as one of the main business tools, which increases their importance in the eyes of investors, primarily large institutionalists.
2019-7-22 10:30 | |
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Central bankers have a lot to say about bitcoin. Federal Reserve Bank of St. Louis President and CEO James Bullard acknowledges that cryptocurrencies are a disruptive force to the economy.
2019-7-20 20:35 | |
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President Trump’s recent Bitcoin tweet might make cryptocurrency a discussion point for the 2020 election and crypto investors think this is a good thing. Let’s Talk About Bitcoin 2020 Thanks to U.
2019-7-15 23:00 | |
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Days after President Trump slammed bitcoin and the very idea of crypto, geopolitical foe Iran revealed that it is ready to unveil its own gold-backed cryptocurrency. Gold held in reserve by the Middle East country’s central bank will back the value of tokens on the blockchain of Iran’s new central bank “cryptocurrency” – which might […] The post Iran Punks Trump With Historic Gold-Backed Crypto Scheme appeared first on CCN Markets
2019-7-15 21:30 | |
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It has been a long and exhausting week for Facebook’s Libra cryptocurrency after the imminent crypto asset ended up on the wrong side of most prominent people. Just this week, the social media-backed virtual currency received criticism from the Chairman of the Fed Reserve, Jerome Powell, and soon after, the President of the United States, […] The post Libra all set for a crucial week, as CEO of Calibra awaits hearing in Washington appeared first on AMBCrypto.
2019-7-14 19:00 | |
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On July 11 President Donald Trump tweeted that Bitcoin, Facebook’s Libra and all other cryptocurrencies are basically rubbish when compared to the US dollar. Now Tom Lee has a response. Bitcoin: A Store of Value or the Choice Asset of Criminals? Earlier this week the US Federal Reserve Chairman Jerome Powell made media waves and rocked crypto Twitter when he suggested that Bitcoin is a speculative store of value that functions similarly to an investment Read More The post Fundstrat Analyst Tom Lee Responds to Trump’s Bitcoin Tweet appeared first on Bitcoinist.com.
2019-7-14 09:45 | |
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White House economic adviser Judy Shelton made headlines last week after President Donald Trump nominated her to the Federal Reserve Board of Governors. The mainstream press and finance industry were surprised to learn Trump’s Fed pick is a “gold bug.
2019-7-14 00:15 | |
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Balaji Srinivasan, a former partner at a16z and former CTO at Coinbase, has said that in the future, every nation state may have to hold crypto. Srinivasan, who now operates as an angel investor, said: “Ten years after the launch of Bitcoin, the President of the United States and the Chair of the Federal Reserve […] The post Trump Hates Bitcoin but Nations May Hold Crypto Reserves in 10 Years appeared first on CCN Markets
2019-7-13 14:36 | |
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Thursday was a crazy day for the Bitcoin (BTC) and crypto industry. Within that span of 24 hours, some of the world’s most powerful individuals commented on the cryptocurrency asset class, tipping their hand as to how governments may address this budding space.
2019-7-12 13:00 | |
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US President Donald Trump practically lives on Twitter so anything he tweets gets a global audience. Whether positive or negative, his tweets get noticed so a recent comment on bitcoin and cryptocurrencies, while not painting them in the best light, does reconfirm that they are now household names.
2019-7-12 11:45 | |
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After grilling Federal Reserve Chairman Jerome Powell on Capitol Hill about his agency’s response to Facebook's Libra "cryptocurrency," US Representative Maxine Waters finished her questioning by asking the central banker what he would do if Donald Trump “fired” him.
2019-7-10 18:35 | |
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Citing the Reserve Bank of India's restrictions on cryptocurrency, Facebook has ruled out offering its Calibra wallet service to the country but plans to work with regulators on possibly updating crypto legislation.
2019-7-10 00:23 | |
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As the Bitcoin bull market surges on, other projects are ever more aware of the fundamental appeal that BTC has: scarcity. There will only ever be 21 million coins in circulation, and Bitcoin’s inflation is set to become lower than the US Federal Reserve after the halving.
2019-6-29 21:56 | |
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Indian crypto exchange Koinex announced it will be ceasing operations as a result of the Reserve Bank of India's ban on banks offering services to crypto-related firms.
2019-6-28 19:32 | |
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The move by the Reserve Bank of India (RBI) to ban banks from offering their services to cryptocurrency-related businesses has claimed another victim – Koinex crypto exchange. ‘Sad day for India’s crypto sector’ In a blog post, the co-founder and CEO of Koinex, Rahul Raj, announced that the exchange’s last day of business would be […] The post India's Frightening 10-Yr Crypto FUD Jail Term Kills Bitcoin Exchange Koinex appeared first on CCN Markets
2019-6-28 16:55 | |
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Federal Reserve Chairman Jerome Powell said his agency – as well as the rest of the federal government – will be looking carefully at Facebook’s Libra cryptocurrency. The Unspoken Advantage of Large Companies Entering Crypto He promised that Facebook would be held to very “high” standards, implying that the social media giant should be able […] The post Fed Chairman Swears ‘Very High’ Scrutiny Against Facebook’s Crypto Libra appeared first on CCN Markets
2019-6-27 15:21 | |
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Federal Reserve Chairman Jerome Powell said his agency – as well as the rest of the federal government – will be looking carefully at Facebook’s Libra cryptocurrency. The Unspoken Advantage of Large Companies Entering Crypto He promised that Facebook would be held to very “high” standards, implying that the social media giant should be able […] The post Fed Chairman Swears 'Very High' Scrutiny Against Facebook's Crypto Libra appeared first on CCN Markets
2019-6-28 15:21 | |
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Bitcoin has outperformed nearly every other traditional asset this year. With an epic surge of almost 270% in 2019 the FOMO has been palpable; almost something you can physically touch. Something huge could be driving it, like one nation including BTC as a reserve asset, or it could just be the nature of things on crypto markets.
2019-6-27 13:00 | |
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Stephen Moore, a former adviser to U. S. president Donald Trump, is considering joining Decentral, a cryptocurrency central bank. Moore recently lost out on a bit to join the board of the Federal Reserve and is reportedly looking to get involved in regulating the crypto industry.
2019-6-27 10:49 | |
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Although there are plans to release a digital rupee, there is reportedly a plan to ban cryptos altogether in India. For several years, India’s politicians and elites have been the impediments to a thriving crypto industry in the country.
2019-6-26 00:01 | |
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Decentral aims to perform similar monetary functions for cryptocurrencies as the Federal Reserve does for the U.S. economy.
2019-6-26 22:45 | |
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Stephen Moore, former member of the Wall Street Journal editorial board and popular economist, recently attempted to join the Federal Reserve. Alas, he was denied the opportunity. Now, the economist is back in the news again.
2019-6-25 09:00 | |
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By CCN Markets: The bitcoin price has reached $11,200 at its peak earlier this month on major exchanges including Bitstamp and Coinbase following a large spike in volume and overall interest. According to reports, bitcoin is trading higher in India and Iran with premiums ranging from 5 to 30 percent, two regions that have practically restricted bitcoin trading.
2019-6-24 13:05 | |
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Binance announced a new asset-backed token last week. Known as BTCB, it is backed by a reserve fund of Bitcoin (BTC) and will enable users to exchange the coin’s value on the Binance ecosystem.
2019-6-24 19:45 | |
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In April 2019, the draft of the ‘Banning of Cryptocurrencies and Regulation of Official Digital Currencies Bill 2019’ sent shock waves in the entire crypto community of India. Media reports suggest that holding, selling or dealing in cryptocurrencies such as Bitcoin could entail 10 years in jail. An RTI query filed revealed that the Reserve […]
2019-6-22 19:39 | |
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Going against the tide of crypto adoption, Australia’s central bank published a comprehensive report aimed at glorifying their domestic fiat against Bitcoin. The primary argument made by the Reserve Bank of Australia (RBA) was related to the network speeds, scalability and mining costs of Bitcoin, although the ultimate focus was on flaunting Australia’s fiat network’s current performance.
2019-6-21 22:00 | |
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On Wednesday, the Federal Reserve’s Jerome Powell was asked about his latest thoughts on Bitcoin (BTC), crypto assets, and Libra. True to his nature as an integral piece of traditional finance, the chairman of one of the world’s most powerful institutions didn’t express fear.
2019-6-20 14:51 | |
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On Wednesday, the Federal Reserve’s Jerome Powell was asked about his latest thoughts on Bitcoin (BTC), crypto assets, and Libra. True to his nature as an integral piece of traditional finance, the chairman of one of the world’s most powerful institutions didn’t express fear.
2019-6-20 14:51 | |
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By CCN Markets: Facebook’s cryptocurrency Libra is expected to change the way payments are made across the globe when it launches next year, but there’s one market that the social media giant might be giving a miss – India.
2019-6-21 13:26 | |
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Jerome Powell said the monetary policy shouldn’t be affected by Cryptocurrencies Libra will be strictly regulated by agencies and governments all around the world The Chairman of the Federal Reserve of the United States Jerome Powell talked with the reporters about Facebook’s recently launched Libra. As reported by The Block, the central bank of the […]
2019-6-20 03:54 | |
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By CCN Markets: Speaking to CNBC’s Futures Now, Fundstrat co-founder and head of research Thomas Lee said that considering the momentum of bitcoin, the dominant crypto asset is likely to take out its all-time high very soon.
2019-6-19 08:25 | |
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By CCN Markets: On June 18, Facebook and the Libra Association formally announced their plans to release Libra, a crypto asset backed by the Libra Reserve to maintain a stable value. By 2020, Facebook has said it plans to integrate Calibra, a crypto wallet designed to support Libra, into WhatsApp and Messenger, introducing the asset to billions of users worldwide by 2020.
2019-6-18 21:30 | |
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At long last, Facebook’s inaugural consumer-facing Bitcoin-related (albeit remotely related) project is upon us. To be announced on Tuesday morning, Libra (Reserve) is slated to be a stablecoin tied to a basket of traditional assets, presumably ensuring it is nothing like other crypto assets.
2019-6-18 16:40 | |
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By CCN Markets: The whitepaper of Libra, a crypto asset created by a non-profit organization in Libra Association led by Facebook has been formally released, disclosing key details of the digital asset and the blockchain protocol that supports it.
2019-6-18 13:51 | |
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By CCN Markets: Investors who are not generating returns in 2019 are clearly looking in the wrong place. Considering bitcoin claimed a fresh 2019 high to nearly $9,400 over the weekend, other asset classes have a hard act to follow.
2019-6-18 23:40 | |
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By CCN Markets: The Reserve Bank of India (RBI) has denied knowledge of a proposed bill which would see Bitcoin and crypto ownership in India made entirely illegal. Reports surfaced last week that lawmakers in India were working on legislation that could carry a 10-year prison sentence for anyone caught holding cryptocurrency.
2019-6-17 12:23 | |
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Is fiat doomed? There are plenty in the crypto community who think so. One of the reasons crypto came to be was dissatisfaction with the current monetary system, in which the state is the sole creator of money and the fractional reserve system imposes systemic risks on most economies.
2019-6-15 18:10 | |
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The Reserve Bank of India returned a request for information about a proposed crypto ban, which is allegedly making the rounds at the highest level of government
2019-6-14 22:32 | |
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Bitcoin drop 7. 4 percent Reserve Bank of India could get a boost with the latest draft bill proposing more stringent measures against crypto investors and developers. Yesterday’s FUD that India’s legislators are proposing a ban of cryptocurrency mining, trading or holding did expose RBI’s underbelly.
2019-6-8 20:00 | |
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The Labour government said the bill will give owners of bitcoin and other digital assets greater legal protection.
U.K. Prime Minister Keir Starmer appointed Tulip Siddiq as the City Minister, a role that oversees financial services including crypto.
Taiwan's crypto advocacy body, the Taiwan Virtual Asset Service Provider Association, has been formally established and the founding meeting held with 24 cryptocurrency-related entities.
The exchange could return as a FIU-registered firm after paying the fine, the report added.
This is the third test for the Province's new tool to combat money laundering.
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.