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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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The Central Banks Of Australia And New Zealand Against Cryptocurrencies
The trend of ‘central banks’ talking about cryptocurrencies is warming up once more, with The Reserve Bank of Australia (RBA) and The Reserve Bank of New Zealand (RBNZ) weighing in on the debate. The pair have moved to debunk rumours that they are investigating in establishing their own central bank digital currency, on the basis that they believe such a project would inevitably damage their current banking system. дальше »
2018-6-26 17:00 | |
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RBI Ban: Indian Crypto Exchanges to Stop Handling Fiat Deposits and Withdrawals
As regulatory uncertainty in the Indian cryptosphere continues, exchanges and crypto-related businesses in the country are putting measures in place to cushion the effect the Reserve Bank of India’s ban may have on their businesses. дальше »
2018-6-26 14:42 | |
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BIS says crypto currency should be treated as a security
The Bank for International Settlements’ (BIS) economic adviser and head of research Hyun Song Shin has said that cryptocurrencies should be treated the same as stocks and bonds, Business Times reported June 25. дальше »
2018-6-26 06:52 | |
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Challenger Bank – Monaize – Brings Blockchain Technology In-House to become a Truly Hybrid FinTech Player.
Some of our readers who were around in the crypto space at the end of 2017 may remember Monaize, an e-banking platform for freelancers and SMEs. Since then they have developed their in-house blockchain technology for their ICO and a crypto wallet for their ICO investors. These are the first steps of the “Banking meets […] дальше »
2018-6-26 04:30 | |
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Next Up, A Central Bank Digital Currency For The Bahamas
The Bahamas, a Caribbean paradise, or an area of poverty masked by tourist ideology, is the next country to allegedly be dabbling within central bank orientated cryptocurrencies. Such currencies, also known as Central Bank Digital Currencies (CBDC) are being used in experiments worldwide to investigate how cryptocurrency could be used to help enhance or compliment sovereign FIAT currencies. дальше »
2018-6-26 04:00 | |
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Banks Have Become Skeptical of Crypto: Swiss National Bank Executive
When cryptos became widely popular, central banks were seriously considering issuing their own digital currencies. However, the interest has slowly waned as central banks begin to seriously consider the implications such currencies would have on financial stability. дальше »
2018-6-25 20:00 | |
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Reserve Bank Of India Ruling Could Mean Zebpay Customers Can No Longer Withdraw Their Rupees
The saga surrounding The Reserve Bank of India (RBI) and their attempt at banning cryptocurrencies continues. We have recently seen confirmation from the RBI that they failed to do any prior research before making a move to ban cryptocurrencies, and of course a team of legal officials are working on determining how much say the RBI have in this matter, but regardless, the RBI deadline of the 5th of July now nears. дальше »
2018-6-25 13:00 | |
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How Might Recent Hacks Change The Stance Of The UK Crypto Taskforce
In case you’re not already aware, within the United Kingdom, we are seeing the establishment of a government led cryptocurrency taskforce that has been set up to explore the potential for blockchain technologies and cryptocurrency within the UK. дальше »
2018-6-25 12:30 | |
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Centralized exchanges are throwing the Crypto Promise to the wind!
With such a terrible track record, why would anyone still work with crypto exchanges? That is where crypto exchanges come in, and they are especially valuable to day traders. Crypto exchanges also take care of storing your money, much like a bank would. дальше »
2018-6-24 17:36 | |
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Swiss National Bank is Skeptical of National State-Issued Crypto
Business Insider reported that Thomas Moser, a key member of management at the National Swiss Bank, believes that governments have lost interest in state-issued crypto or digital currencies. Thomas Moser: “Enthusiasm Has Slowed” For National Crypto While at a cryptocurrency conference in Zug, Switzerland, the representative of the bank gave a Business Insider journalist an. дальше »
2018-6-24 06:17 | |
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Indio Crypto exchanged get ready for RBI Ban
Regulation As the start of the crypto banking ban by the Reserve Bank of India approaches, cryptocurrency exchanges in the country are preparing to stop fiat deposits and withdrawals while boosting crypto-to-crypto trading. дальше »
2018-6-24 04:23 | |
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Indian Crypto Exchanges Prepare for RBI Ban – New Trading Tools, No Fiat
As the start of the crypto banking ban by the Reserve Bank of India approaches, cryptocurrency exchanges in the country are preparing to stop fiat deposits and withdrawals while boosting crypto-to-crypto trading. дальше »
2018-6-24 02:35 | |
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Swiss National Bank Executive: Central Banks Now Finding Crypto Issuance Unappealing
Thomas Moser, a board director at the Swiss National Bank (SNB), believes that central banks’ interest in developing central bank-issued digital currencies (CBDCs) has now waned, Business Insider reports today, June 23. дальше »
2018-6-23 16:59 | |
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Experts Claim Most Smaller Chinese Crypto Exchanges Will Shut Down Soon
China lost its dominant position in the cryptocurrency markets quite some time ago. That is the direct result of the People’s Bank of China preventing users from trading cryptocurrencies with the Chinese yuan. дальше »
2018-6-23 00:00 | |
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Goldman Sachs May Expand Cryptocurrency Trading Operations Beyond Just Futures Contracts, According to COO
David Solomon, Chief Operating Officer of Goldman Sachs (one of the most successful financial firms in the world), announced on Wednesday that the bank is considering expanding its involvement in crypto trading to incorporate more types of investment. дальше »
2018-6-22 23:10 | |
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US Federal Reserve Launches Cryptocurrency Index
This week the Federal Reserve Bank of St. Louis added cryptocurrency to their Federal Reserve Economic Data (FRED) database. It’s a seemingly small gesture, but one that signals to most observers crypto’s maturation, at least in the eyes of arguably the most important central banking institution in the world. дальше »
2018-6-22 17:42 | |
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A Leading Philippines Bank RCBC Opts For Stellar, Shuns Ripple: Litecoin, EOS, Tron, Stellar Lumens and IOTA Technical Analysis (June 22, 2018)
The crypto verse is never short of drama and while hacking vibes dominate, Charlie Lee of Litecoin is advocating rationalism. Obviously, after recent hacks, it’s easy to see sentiment almost always flips and drag BTC prices with it. дальше »
2018-6-22 03:02 | |
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License Needed for Crypto Trading, Circulation, and Settlement in Cambodia
Three Cambodian government bodies have jointly announced that the propagation, circulation, buying, selling, trading, and settlement of cryptocurrencies without obtaining a license are illegal activities. дальше »
2018-6-22 02:20 | |
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Government Save Bank of St. Louis Includes Crypto Cost Following to Inquire about Database
The Federal Reserve Bank of St. Louis will now be tracking the prices of four cryptocurrencies on their research database, according to a June 19 post on the bank’s website. The database, called the Federal Reserve Economic Data (FRED), will now include the prices of Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Litecoin (LTC) from дальше »
2018-6-22 00:48 | |
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Despite National Uncertainty, Indian Government Establish New Project ‘IndiaChain’
Cryptocurrency and Blockchain Technology are two words you probably want to avoid saying in India, especially if you’re near a bank. Not too long ago, the Reserve Bank of India essentially established a ban on any cryptocurrency engagement. дальше »
2018-6-21 23:00 | |
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A Critical Review: The BIS’ Analysis on Crypto as Money.
Cryptocurrency is a poor substitute for fiat money, claims the Bank of International Settlements in a chapter of its annual report, released on June 17. The sender is the message Before delving into the substance of the claim, a brief review of where it comes from is instrumental. The Bank of International Settlements is an дальше »
2018-6-21 16:38 | |
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Huge Philippines Bank Bored Of SWIFT, Perhaps Stellar Is The Solution
Reports out today discuss how the Rizal Commercial Banking Corporation (RCBC), one of the top 10 banks in the Philippines is falling out of love with SWIFT, its current remittance service provider. дальше »
2018-6-21 14:00 | |
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Report on Tether’s US Dollar-pegged Tokens Provokes Doubts Within Crypto Community
To get rid of allegations over Tether not having the funds to back their tokens, Freeh Sporkin & Sullivan LLP, a law firm, released a report which confirmed Tether's bank deposits and assured investors that its cryptocurrency is backed by USD. дальше »
2018-6-22 13:42 | |
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The BIS’ Report on Crypto as Money: A Critical Review
The Bank of International Settlements doesn’t think that crypto can substitute money. Is their criticism justified?
дальше »2018-6-21 13:24 | |
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St. Louis Feat now has the Crypto Prices Tracks in its research database
The St. Louis division of the U. S. Federal Reserve Bank is now tracking the prices of four cryptocurrencies in its research database. According to an announcement on Tuesday, Federal Reserve Economic Data (FRED), an extensive database maintained by the central bank’s St. дальше »
2018-6-21 13:14 | |
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Indian exchange Zebpay might stop crypto-to-fiat conversions
One of India’s leading cryptocurrency exchanges, Zebpay have announced that they may soon have to make some changes. In light of the decree that was released and distributed by the Reserve Bank of India, the exchange, that previously has and still does provide the service of converting crypto assets into fiat currency and subsequently depositing The post Indian exchange Zebpay might stop crypto-to-fiat conversions appeared first on ItsBlockchain. дальше »
2018-6-21 12:58 | |
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Robinhood Reportedly Considering Formal Banking Services
Unnamed sources suggest popular free crypto and stock trading application (app), Robinhood, is negotiating with US regulators about prospects for it becoming a bank, complete with traditional services such as savings accounts. дальше »
2018-6-21 10:10 | |
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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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Tether Shows Law Firm Its Funds But Stops Short of an Audit
Tether has released a surprise “Transparency Update” that purports to show it has enough funds in the bank to cover the $2. 6 billion of USDT in circulation. The company has stopped short of a full audit, however, leaving critics bemoaning Tether’s inability to settle the solvency debate once and for all. дальше »
2018-6-20 21:10 | |
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Tether Insists Crypto Asset is Fully Backed
Tether has consistently denied this, but has not produced conclusive evidence that it is reserved 1-for-1. An academic paper released last week supported this view, and the Commodity Futures Trading Commission reportedly subpoenaed Bitfinex and Tether in December. дальше »
2018-6-20 21:09 | |
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Covesting Invites Everyone to Test Their Platform
Covesting, a fintech startup launched by former Saxo Bank traders, has never failed to meet expectations of its users. It has rolled out all its products – its platform, exchange, informational and educational site Crypto Intelligence Portal – without violating any single deadline. дальше »
2018-6-20 18:30 | |
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Major Banks Dealing In Bitcoin
It was announced last week that two large Russian banks are building cryptocurrency portfolios for their biggest clients. Under the supervision of Bank of Russia, companies are beginning to offer customers and clients shares in a brand new fund that trades in six of the most popular cryptocurrencies available to trade on the market today. дальше »
2018-6-20 18:30 | |
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Are You Breaking The Law By Trading Cryptocurrencies Without A License?
Cambodian authorities have now announced that domestic investors are required to obtain a license in order to allow them to buy, sell or trade cryptocurrencies. Without a license, these activities would now be considered illegal. дальше »
2018-6-20 13:00 | |
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Retail Adoption of Crypto Would “Bring the Internet to a Halt” – BIS Report
The Bank of International Settlements (BIS) has leased a chapter from its forthcoming annual report that delivers a critical appraisal of bitcoin and cryptocurrency. The report attacks virtual currencies from several main standpoints: claiming that cryptocurrencies do not effectively perform monetary functions due to price volatility, that the retail adoption of blockchain-based payment mechanisms would […] The post Retail Adoption of Crypto Would “Bring the Internet to a Halt” – BIS Report appeared first on Bitcoin News. дальше »
2018-6-20 11:20 | |
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Two of Russia’s Largest Banks to Offer Crypto Trading in Six Top Coins
Two of Russia’s largest banks, Alfa Bank and Sberbank, will soon be offering clients access to cryptocurrency portfolios that will permit the trading of six popular coins on major exchanges Kraken and Bitstamp. дальше »
2018-6-20 00:30 | |
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Metropolitan Bank Eager for Crypto Clients
In an interview released today, Metropolitan Bank’s Chief Technology Officer, Nick Rosenberg, described the New York bank’s interest in acquiring more business for cryptocurrency investors and start-ups. дальше »
2018-6-23 21:19 | |
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Cambodian Regulators Say Dealing in Crypto Without License Is Illegal
Dealing in crypto without obtaining a license from authorities has been declared illegal in Cambodia, in a joint statement released today by the country’s central bank
дальше »2018-6-20 20:30 | |
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BIS Crypto Report Undermines Itself. Not Cryptocurrency.
Over the past few days, media outlets have taken it in turns to report on a recent assessment published by the Bank of International Settlements (BIS) on Sunday. Titled as “Cryptocurrencies: looking beyond the hype” and running to 24-pages, the BIS report argues that cryptocurrency would make a poor substitute for fiat currency, highlighting problems with instability; a […] The post BIS Crypto Report Undermines Itself. Not Cryptocurrency. appeared first on Crypto Briefing. дальше »
2018-6-20 18:39 | |
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U.S. Executive Branch Employees to Disclose Crypto Holdings, French ICO Regulations Coming by 2019
In recent regulatory news, the United States Office of Government Ethics has issued a document advising employees of the U. S. executive branch to disclose their cryptocurrency holdings. In other news, Bank of Korea has rejected the notion of central bank-issued digital currencies, Crypto Finance AG has received licensing from the Swiss Financial Market Supervisory Authority […] The post U. дальше »
2018-6-19 12:10 | |
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U.S. Executive Branch Employees to Disclose Crypto Holdings, French ICO Regulations Coming
In recent regulatory news, the United States Office of Government Ethics has issued a document advising employees of the U. S. executive branch to disclose their cryptocurrency holdings. In other news, Bank of Korea has rejected the notion of central bank-issued digital currencies, Crypto Finance AG has received licensing from the Swiss Financial Market Supervisory Authority […] The post U. дальше »
2018-6-19 12:10 | |
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Bada Bing, Bada Boom: JPMorgan Fined Another $65 Million
Wall Street yawned yesterday as JPMorgan Chase & Co, the largest American bank, agreed to pay a fine of $65 million dollars for market manipulation. The fine was issued by the Commodity Futures Trading Commission as penalty after discovering that traders had intentionally manipulated exchange rates in the $300-trillion-dollar swap market. дальше »
2018-6-19 04:57 | |
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Crypto Markets See $13 Bln Price Spike in One Hour, Despite Negative BIS Report
Crypto markets experience solid gains today, despite news of a scathing report on crypto from the Bank of International Settlements
дальше »2018-6-19 20:41 | |
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