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Fed Governor’s Crypto Testimony Reveals US Central Bank Has No Plans For Regulation
Jerome Powell, chairman of the U. S. Federal Reserve, raised concerns about cryptocurrencies on Wednesday, saying they present serious risks to investors. During his testimony before the House Committee on Financial Services,Powell was asked for his opinion on cryptocurrencies and he had few kind words for the sector. дальше »
2018-7-19 15:00 | |
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Outlines Key Areas of Concern Indian Central Bank Justifies Its Crypto Stance
Regulation The Reserve Bank of India has justified its crypto banking ban to an industry group which has been trying to convince the central bank to ease crypto restrictions. In response, the central bank outlines key areas of concern and upholds its stance on crypto. дальше »
2018-7-14 20:58 | |
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Australian Bank Bans Use of Mortgage Funds for Crypto Speculation
One of Australia’s oldest financial institutions, Bank of Queensland, has prohibited the use of home equity loans for virtual currency speculation. The move has been attributed to concerns pertaining to the growing regulatory oversight of the cryptocurrency sector in Australia. дальше »
2018-7-14 09:55 | |
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BoE: Cryptocurrencies Pose ‘Reputational Risks’
The Bank of England has reportedly cautioned City bosses away from implementing cryptocurrencies into their business plans — citing all the usual reasons one has probably come to expect. ‘Reputational Risks’ “In their short history, crypto-assets have exhibited high price volatility and relative illiquidity,” wrote Bank of England Deputy Governor Sam Woods in a letter to the chief executives of banks, insurers, and fund managers — as reported by The Telegraph, adding: Crypto-assets also raise concerns Read More The post BoE: Cryptocurrencies Pose ‘Reputational Risks’ appeared first on Bitcoinist.com. дальше »
2018-6-29 05:00 | |
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BOE Warns Banks and Other Firms Against Cryptocurrencies As Prices Continue To Decline
Hard times call for hard measures as they say and on this basis has the Bank of England issued a warning in a written statement to banks in the country saying they need to stay clear of cryptocurrency assets. дальше »
2018-6-29 23:18 | |
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Bitcoin Interest is Bound to Increase Says Dutch Banking Behemoth, Jordan Belfort Disagrees
Dutch banking behemoth, ING, believes that Bitcoin adoption is bound to increase. This belief is based on the bank’s recent survey which shows an increasing number of Europeans interested in cryptocurrency. дальше »
2018-6-26 19:14 | |
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Money Laundering Worries in Lithuania caused by the Roaring Cryptocurrency Market
Now, this intense interest in the country’s virtual currencies space is stoking fears of money laundering from the Russian criminal underground. Pushback Against Illegal Money from Russia According to a report on Politico, Marius Jurgilas – a board member of the Bank of Lithuania – discussed concerns that the Baltic state has with money pouring дальше »
2018-6-26 09:18 | |
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Lithuania’s Strong Cryptocurrency Market Raises Money Laundering Concerns
The northeastern European country of Lithuania has experienced a boom in cryptocurrency that has been supported by a liberal approach towards regulations in the space. Now, this intense interest in the country’s virtual currencies space is stoking fears of money laundering from the Russian criminal underground. дальше »
2018-6-26 05:00 | |
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Tether can back its tokens
The bank accounts will not be named due to privacy concerns, Hoegner notes, adding that the firm had access to banks statements and employees, as well as contact with Tether executives. The cryptocurrency again fell under scrutiny from the crypto community in the wake of dissolving their connection with an auditor before the official audit дальше »
2018-6-21 23:37 | |
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Central Bank of Korea: “Digital Currencies Don’t Perform as Money”
In a report released today by the Korean Times, The Bank of Korea (BOK), the country’s central bank, issued a statement saying that they oppose the idea of issuing a central bank digital currency (CBDC). дальше »
2018-6-23 06:52 | |
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