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Iranian Government Plans to Authorise Cryptocurrency Mining
Abdol Nasser Hemmati, the governor of the Central Bank of Iran (CBI), announced yesterday that the government plans to authorise the mining of digital assets in the nation. However, those running computer systems to profit from their support of cryptocurrency networks will be charged for electricity at the country’s export price rather than the cheaper,. дальше »
2019-7-12 00:00 | |
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Turkey’s Government Calls On Issuing National Cryptocurrency
Coinspeaker Turkey’s Government Calls On Issuing National CryptocurrencyTurkey has revealed its economic roadmap. It has become known that its Central Bank will be working on the development of the country's national cryptocurrency. дальше »
2019-7-11 13:23 | |
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China and India Are not Comfortable with Libra, Need More Information and Clarity
China and India combined comprise nearly 35 percent of the world population. Bloomberg reported that the People’s Bank of China (PBOC) wants Facebook to reveal more information about Libra while Economic Times noted that the Indian Secretary of Economic Affairs believes the country is not comfortable with private currencies, July 9, 2019. дальше »
2019-7-10 11:00 | |
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Facebook Will Not Offer Calibra In India
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. дальше »
2019-7-10 00:23 | |
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Iran Central Bank Deputy Chief Tells Citizens Trading Bitcoin Is Illegal
The deputy governor of the Iranian central bank told media outlets that trading bitcoin and other cryptocurrencies within the country is illegal. Iranian residents took to the pioneer cryptocurrency as a means of securing their wealth as the Iranian Rial depreciated over the past three years, as reported by Tasnim News Agency on July 8, 2019. дальше »
2019-7-9 01:00 | |
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Adopting Digital Currencies Will Dismiss Cash, Says Bank of Japan
Coinspeaker Adopting Digital Currencies Will Dismiss Cash, Says Bank of JapanRecently an official from the Bank of Japan ruled out the option of using bank-issued digital currencies. By doing so, that may cause the country to abandon physical cash. дальше »
2019-7-6 15:40 | |
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Maduro orders Venezuelan bank to sell Petro cryptocurrency in latest pump attempt
Venezuela’s President Nicolas Maduro has ordered that every branch of the Banco de Venezuela should allow citizens to buy and trade El Petro, the state-issued cryptocurrency he’s so intent on pursuing. дальше »
2019-7-5 13:54 | |
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Maduro Orders Venezuela’s Biggest Bank to Accept Crypto Petro Nationwide
The president of Venezuela, Nicolas Maduro, has announced an order requiring Banco de Venezuela —the country’s biggest bank— to open desks for transactions in Petros in each of its near 790 agencies across the country. дальше »
2019-7-5 16:29 | |
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China’s Sina Finance adds cryptocurrency support on its application amid government clampdown
The People’s Bank of China [PBOC], the central regulatory authority that regulates Financial Institutions in the country, had issued a statement on June 25 that it would block access to all domestic and foreign cryptocurrency exchanges and ICO websites. дальше »
2019-7-4 03:30 | |
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Reserve Bank Of India Works To Create New Blockchain Banking Platform For Government
The Reserve Bank of India (RBI), the central bank of the country, is currently working on a blockchain platform for banking in its R&D branch. The information was released in a report by BusinessLine on June 28. дальше »
2019-6-29 01:44 | |
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Dukascash Stablecoin Launches by Swiss Bank Dukascopy, Backed by Three Fiat Currencies
Reports circulated yesterday that the Swiss SIX Stock Exchange was encouraging the local central bank to launch a stablecoin that could be used within their country. Between that encouragement and the recent changes to the Libra whitepaper, it is clear that the market desires another stablecoin, and the Dukascopy Swiss bank is listening. According to […] дальше »
2019-6-28 00:24 | |
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Indian scammers stole $2M in cryptocurrency using inspirational Bill Gates quotes
In spite of repeated warnings by the country’s central bank, people in India continue to fall for cryptocurrency scams. In the latest, the anti-terrorist squad (ATS) of Rajasthan police has unearthed a Bitcoin scam worth INR 150 million ($2 million). дальше »
2019-6-27 12:55 | |
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Economic Times Implores On Indian Authorities To Embrace Cryptocurrencies, Not Block Bitcoin
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. дальше »
2019-6-26 00:01 | |
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Swiss National Bank Member A-OK With Facebook And Libra
Speaking at the Crypto Valley Conference in Zug, Switzerland, Thomas Moser, an alternate member of the governing board at the Swiss National Bank, said Facebook's Libra project has yet to sound any alarms for the Swiss National Bank and that the country's regulators are "pretty relaxed" about it. дальше »
2019-6-25 19:13 | |
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India: As a movement gains momentum, will the country finally turn the tide and embrace cryptocurrencies?
India is a curious case. At first glance, the Asian country is the hotbed of talent in the realms of finance and technology. However, recent regulations coming from New Delhi’s political chambers regularly play spoilsport. дальше »
2019-6-25 17:00 | |
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Australian Central Bank Doesn’t Expect Bitcoin To Hit Mass Adoption Due To Payment Fees
The Reserve Bank of Australia has ruled that Bitcoin and other cryptocurrencies don’t threaten Aussie dollars or other forms of fiat payment. After a review on cryptos, they think it’s “difficult to envisage” an outbreak of Bitcoin users in the country. дальше »
2019-6-23 01:23 | |
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France to create a joint G7 cryptocurrency task force amid Facebook’s Libra woes
France is putting together a Group of Seven Nations (G7) task force to explore how central banks can make sure cryptocurrencies adhere to money-laundering and consumer protection rules. That’s according to the country’s central bank governor who announced the news today. дальше »
2019-6-21 18:28 | |
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South Korean banks spearhead blockchain adoption
South Korea is a global crypto hot spot and its citizens are some of the most enthusiastic crypto traders in the world. The technology-focused country continues to adopt blockchain solutions with South Korea’s largest bank Kookin the latest to announce a new crypto initiative. дальше »
2019-6-19 22:30 | |
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Bank Of Russia Announces Possible Central Bank Digital Currency Launch, But Not Anytime Soon
Cryptocurrency is expanding to regions around the world, though every country has different ways of handling it. Some countries have created regulations that are more suitable to development in their economies, but central bank digital currencies (CBDCs) are slowly gaining momentum. дальше »
2019-6-18 00:40 | |
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Philippines’ Central Bank Will Continue to Closely Monitor Crypto, Citing Terror Financing
The governor of the Philippines’ central bank has warned against crypto-enabled terrorism financing and said the institution will continue to surveil their use in the country
дальше »2019-6-12 13:02 | |
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Russia’s Largest Bank, Sberbank, Will Not Build Any Cryptocurrency-Focused Financial Services
Russia’s Largest Bank Will Not Accommodate Crypto-Related Businesses Sberbank, the largest bank in Russia, has officially affirmed via its CEO Herman Gref that the institution will not create any service related to cryptocurrencies. дальше »
2019-6-7 21:28 | |
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Bringing Banking to the Unbanked and Small Companies
Being an entrepreneur in a country rife with inflation and corruption and crippled by economic sanctions can be a stressful business. If the national bank decides to go under and shut down its payment processes, it is likely that your business is going with it. дальше »
2019-6-7 15:17 | |
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Think Tanks’ Blockchain After the Hype Report Urges Swiss National Bank to Make a Cryptocurrency
One of the most powerful and influential think tanks in Switzerland, Avenir Suisse, has recently reported that the organization was pushing forward the country and its central bank, the Swiss National Bank, in order to create national crypto. дальше »
2019-6-6 23:15 | |
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Avenir Suisse Urges Swiss National Bank To Form National Cryptocurrency
Avenir Suisse, an influential Swiss think tank, believes the country should make the move to become a "blockchain nation" with the development of its own national stablecoin and enabling the trade of cryptoassets. дальше »
2019-6-6 22:08 | |
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AnyPay and CoinText Partner to Revolutionize the $700 Billion Global Remittance Industry with BCH
Cryptocurrency cash register Anypay. global has teamed up with CoinText. io, an SMS wallet, to offer a new remittance solution that is significantly faster, cheaper and easier than the traditional model. дальше »
2019-6-5 19:14 | |
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Bank of Japan, European Central Bank complete phase three of cross-border payments testing
Information processing has changed drastically, ever since the inception of the Internet. However, the payment industry has not. It has remained the same, slow, tedious and time-consuming. Unlike data, payment doesn’t flow seamlessly owing to various factors such as the fact that every country has a centralized ledger which is not linked to other countries. дальше »
2019-6-5 15:30 | |
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Bitcoin Will be Much More Expensive in India Under Modi’s Government
By CCN: The re-election of Narendra Modi as India’s prime minister is going to make bitcoin trading come with a premium in the country. It is partially due to a full-fledged trading market that went underground abruptly owing to a blanket ban announced by the Reserve Bank of India (RBI). дальше »
2019-6-5 10:18 | |
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This Stock Market Lifeline Could Come from a Surprising Place: Australia
By CCN: The U. S. stock market struggled for much of the past month, sending the S&P 500, Dow Jones, and Nasdaq lower amid a rapidly-intensifying U. S. -China trade conflict. However, a growing number of equity strategists expect the Federal Reserve to slash its benchmark interest rate, and the impetus for that policy shift could come from a surprising location: Australia. дальше »
2019-6-4 18:37 | |
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Israeli Supreme Court Stops Bank From Closing Crypto Exchange’s Account
In February 2018, the Supreme Court of Israel issued a temporary injunction order forbidding a major bank in the country from halting the activity of a local cryptocurrency exchange. Now the bank has been forced to accept that the company’s account will remain open indefinitely. дальше »
2019-6-3 22:45 | |
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Brazilian Banks to Implement New HyperLedger-Powered Digital ID Platform
Brazilian banks will be implementing a new standardized blockchain identity solution powered by Hyperledger Fabric, co-developed by IBM and the country’s central bank
дальше »2019-6-3 13:59 | |
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Op Ed: Bitcoin in Africa, What Needs to Be Done to Encourage Adoption?
Bitcoin has the potential to revolutionize the African continent. Through Bitcoin, millions of unbanked Africans will have access to financial services. These and many more such statements exist across the internet. дальше »
2019-6-1 21:48 | |
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Russia’s Central Bank Is ‘Against Legalization’ Of Cryptocurrency
The head of the central bank of Russia says she does not want to legalize Bitcoin and other cryptocurrency as a payment method – because of risk and volatility. Bitcoin Has ‘Big Risks’ Speaking to the country’s parliament, the Duma, about the Bank of Russia’s impact over 2018, Elvira Nabiullina continued an increasingly bearish stance on cryptocurrency. дальше »
2019-5-31 12:00 | |
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ECB Official Bigs Up ‘Wholesale’ Central Bank Digital Currency, Disregards Bitcoin
By CCN: The Chairman of the Board of the Bank of Lithuania has spoken about the merits of central bank digital currencies. He has labeled them as a new, more efficient, offering from central banks across the globe. дальше »
2019-5-31 10:40 | |
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Bitcoin Trading Popularity Spooks Malawi Central Bank Warning Against Cryptocurrency
By CCN: The governor Reserve Bank of Malawi (RBM) has warned that cryptocurrencies are not legal tender and should not be used in place of the legal fiat currency, the Malawi Kwacha. According to local media, Dr. дальше »
2019-5-30 11:40 | |
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African Country Malawi Wants To Miss Out On Crypto Revolution By Making It Illegal
The African country of Malawi announced that cryptocurrencies are not legal in the country, and that the Reserve Bank… The post African Country Malawi Wants To Miss Out On Crypto Revolution By Making It Illegal appeared first on Invest In Blockchain. дальше »
2019-5-29 23:10 | |
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New Central Bank Of Egypt (CBE) Law To License Crypto Trading And Issuing Business Activities
Egyptian Bill To License Crypto-Trading, Activities Through Central Bank underway The Central Bank of Egypt (CBE) is keen to start regulating the cryptocurrency sphere in the country. Local media reported that the draft of the bill proposes a license policy for all major cryptocurrency related activities within Egypt. The bill currently in the approval process […] дальше »
2019-5-28 21:07 | |
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Korea’s Oldest Bank Launches National Blockchain-Based Loan Platform
Korea’s oldest bank, Shinhan Bank, launched the country’s first blockchain-based lending platform to speed up the loan process
дальше »2019-5-27 16:52 | |
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Russia Central Bank Mulls Gold Standard for National Cryptocurrency
Russia’s Central Bank could be considering a gold-pegged cryptocurrency, according to a report by Russian news agency, RIA on May 23, 2019. However, the apex bank states that virtual currency would not act as a substitute for the Russian Ruble. дальше »
2019-5-26 01:00 | |
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Russian Central Bank ‘Would Consider’ Creating Gold-Backed Cryptocurrency
Russia’s central bank would consider creating a new cryptocurrency backed by gold for international settlements. Gold-Backed Crypto Could Have Use In Settlements That was the latest information to come from Elvira Nabiullina, head of the Bank of Russia, speaking to the country’s parliament, the Duma, about current plans involving cross-border finance. дальше »
2019-5-23 20:00 | |
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China Bitcoin Ban: Lawyer Says Occasional BTC P2P Exchange Is Legal
A member of the Bank of China Law Research Association says sporadic bitcoin (BTC) trading isn’t illegal in the country despite the trading ban enacted in 2017. This new revelation by cnLedger, a cryptocurrency news source that focuses on China, begs the question of what Chinese law enforcement and regulators would deem “occasional BTC trading. дальше »
2019-5-23 12:00 | |
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Bank of China Council Member: Owning Bitcoin Is Still Legal in China
Sa Xiao, Council Member at the Bank of China Law Research Association, was reported as saying that holding Bitcoin in China is still legal. Xiao added that in addition to that, trading Bitcoin amongst individuals remains legal in the country. дальше »
2019-5-22 14:29 | |
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Israeli Court Rules Bitcoin Is an Asset
An Israeli court has ruled that bitcoin is an asset, confirming the central bank’s stance. The case involves the country’s tax authority and the founder of a blockchain startup who argues that profits from the sale of cryptocurrency should be tax-free. дальше »
2019-5-22 10:14 | |
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The Central Bank Of Myanmar Seeks To Shun Bitcoin as Crypto Adoption Grows at Rapid Pace
Myanmar, a small developing country tucked in the western side of Southern Asia is showing signs of ignoring the bitcoin craze that has been on since its development. Since bitcoin is built on a concept that could entirely do away with banks if adopted due to its decentralization aspect, central banks are a little terrified […] дальше »
2019-5-21 02:01 | |
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