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Bitcoin Can Only Act As A Hedge Against A Loss Of Confidence In Fiat And Payment System: JPMorgan
According to JP Morgan Chase and Co. ’s 74-page report later this week states, the digital money will change the financial world. “2019 will be remembered for the rise of digital money,” the bank said in its report. дальше »
2020-2-24 22:15 | |
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Sweden Begins Testing Europe’s First Central Bank Digital Currency
The Riksbank of Sweden is starting to test Europe’s first central bank digital currency (CBDC), they said in a statement made Wednesday. The Swedish central bank says the goal of the testing is to show that citizens could benefit from using an e-Krona that’s as easy to send as an email. дальше »
2020-2-20 19:51 | |
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Billionaire investor: this one key thing has been driving the Bitcoin price over $10,000
Michael Novogratz, the CEO and chairman of Galaxy Digital said on CNBC’s Closing Bell that liquidity has been the main driver of bitcoin in recent weeks. Year-to-date, the Bitcoin price has climbed from $6,854 to $10,552, recording a staggering 54 percent increase in less than three months. дальше »
2020-2-16 12:22 | |
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Digital Dollar Discussion Is ‘Extremely Important’ Urges Pres. Trump’s Fed Nominee
Digitizing the dollar is a key factor in maintaining its appeal as a global currency, Trump’s nominee to the Federal Reserve, Judy Shelton, says. In a congressional hearing on Thursday, Fed nominee, Judy Shelton, said the Federal Reserve should be “compelled to think” about a central bank digital currency (CBDC) given the mileage the innovation […] дальше »
2020-2-14 18:21 | |
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Fed Chairman Powell Reveals The US Is ‘Working Hard’ On A Digital Dollar
Federal Reserve Chairman Jerome Powell discloses that the US is indeed working on a central bank digital currency Facebooks’ Libra, he said was what “lit a fire” under its work towards the digital dollar Federal Reserve Chairman Jerome Powell revealed in his testimony before Congress that the US was “working hard” on its own digital […] дальше »
2020-2-12 22:48 | |
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Central Bank Digital Currencies Are Good for Bitcoin, Barry Silbert Says
Bitcoin would benefit from global central banks issuing their own digital currencies, founder of Grayscale Investments said
дальше »2020-2-12 22:47 | |
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Blockchain.com Ventures leads seed funding for Wintermute Trading
Wintermute Trading, a global algorithmic market maker for digital assets, announced that it has completed the seed funding round led by Blockchain. com Ventures. In a press release shared with CryptoSlate, the company said it will use the funding to improve its liquidity and enhance its technology. дальше »
2020-2-11 17:44 | |
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Japanese Senior LDP Lawmaker Calls For Digital Yen Development Within 2-3 Years
Another of the senior lawmakers in the Japan’s Liberal Democratic Party (LDP) has called for the urgent development of the digital yen so that Japan can compete with China in this sector. Kozo Yamamoto, more exactly, said on February 10 that Japan should create its own digital currency in 2 or 3 years. As reported […] дальше »
2020-2-10 19:23 | |
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Crypto Mining Does Not Require Governmental Oversight, Ukrainian Regulator Says
The Ministry of Digital Transformation of Ukraine has said that crypto mining does not require regulation by state authorities
дальше »2020-2-10 18:28 | |
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XRP Investor Mike Novogratz And Ripple CEO Brad Garlinghouse Feud On Twitter After Criticism
Mike Novogratz Bitcoin bull and CEO of one of the biggest players in the crypto world Galaxy Digital might have said a room full of financial advisors that after losing 95% of its value from an all-time high, XRP would “underperform immensely again this year,” he wants to see Ripple succeed. After all, Galaxy Digital […] дальше »
2020-2-6 18:49 | |
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Germany’s BaFin Clarifies Licensing Process for Foreign Crypto Custodians
In its latest guidance released in January, the regulator said firms already custodying digital assets for Germans would not be penalized for not having a license. Instead, they’d be grandfathered into the same protection that crypto custody firms based in Germany already have under the new law. дальше »
2020-2-6 06:00 | |
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China’s Top Private Bank Chair: Blockchain Tech Adoption Will Upgrade All Areas Of The Economy
China’s Blockchain potential could be unleashed to boost agriculture, finance and manufacturing, Chairman of Minsheng Bank states. In a report published on the Economic Information Daily, a China based publication, the Chairman of the first Bank in China to adopt blockchain technologies, Minsheng Bank, Hong Qi, said the world of blockchain, digital currencies and decentralized […] дальше »
2020-2-5 22:37 | |
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Cardano Up 47% in 2020, But Does Blockchain’s Usage Warrant it?
Like many crypto assets, the price of Cardano (ADA) has increased over the opening month of 2020. Starting the year at around $0.033, the digital currrency now trades at more than $0.054. Although the same could be said about many of the thousands of other digital currencies, the gains do not appear to be based... The post appeared first on NewsBTC. дальше »
2020-2-1 01:00 | |
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OneCoin May Have Used Fake Reviews in Ponzi Scheme – Is Anyone Surprised?
The cryptocurrency project launched by OneCoin which was accused of being a Ponzi scheme by authorities may have used fake reviews on Quora and TrustPilot. The Digital Forensic Research Lab (DFRLab) said in a blog post from Wednesday that the OneCoin campaign was initiated at the same time as its founder’s (Ruja Ignatova) disappearance, after […] дальше »
2020-1-29 21:44 | |
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Bank of France Gov: Central Bankers Should Issue Digital Currencies, Not Private Companies
Villeroy de Galhau, Governor of the Bank of France, said on Saturday that virtual currency can be useful especially when cash transactions are decreasing in various nations, however, it should be the prerogative of central banks to issue it and not private firms, Reuters reports. дальше »
2020-1-26 19:48 | |
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MENA’s Unbanked to Drive Crypto Adoption While China’s 5G SIM Cards to Enable Digital Payments
In the next five years, half of the smartphone owners who don’t have a bank account will use a mobile-accessible cryptocurrency account, said Miriam Burt, managing VP at Gartner while delivering his Keynote presentation titled: “Gartner’s Strategic Predictions for 2020 and Beyond,” at Oracle OpenWorld 2020. дальше »
2020-1-24 22:02 | |
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A quarter of Brits call for teaching crypto at schools amid fears of a recession
Around 24 percent of British workers believe cryptocurrencies should be a subject taught in schools across the country. According to a Censuswide survey, 25 percent of Millennials said they are planning to invest in digital assets in 2020, while 37 percent believe their banks should provide access to cryptocurrencies. дальше »
2020-1-24 22:58 | |
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Facebook’s Libra Stablecoin Put Central Banks On Notice, Causing Bankers To Look Into CBDC’s
A former Executive of the Bank of Japan (BOJ) has said that Facebook’s Libra prompted Central Banks to invest more resources in Digital Currency research sooner than expected. According to a report by Reuters on Jan 22, Hiromi Yamaoka, a former head of settlements and payments at the BOJ, noted that regulators might have done […] дальше »
2020-1-23 21:22 | |
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Reserve Bank of India: Crypto’s Not Banned, But Ringfenced Regulated Entities Due to Risks
The Reserve Bank of India has said that it hadn’t banned the trading of digital currencies but only ringfenced regulated entities like banks and financial institutions from risks associated with trading such cryptocurrencies. дальше »
2020-1-21 17:54 | |
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India’s Central Bank Explains Why It Blocked Banks From Using Cryptos in Court Filing
The Reserve Bank of India has said in a court filing that it had "ringfenced" financial institutions from dealing with digital assets over perceived risks, but hadn't banned cryptos. дальше »
2020-1-21 13:35 | |
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India’s Central Bank Explains in Court Filing Why It Blocked Banks From Using Cryptos
The Reserve Bank of India has said in a court filing that it had "ringfenced" financial institutions from dealing with digital assets over perceived risks, but hadn't banned cryptos. дальше »
2020-1-22 13:35 | |
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Cryptocurrency Analyst Says XRP Is Gearing Up For A 170% Move
On January 14, Bitcoin price surged 10% and altcoins followed behind with a much harder rally. “When Bitcoin goes up, our customers usually start buying altcoins as they tend to follow the leader,” said Steve Ehrlich, chief executive officer of crypto-asset broker Voyager Digital. дальше »
2020-1-16 22:06 | |
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Ex-Goldman Sachs President believer of Digital dollar, not crypto
"I am not a real believer in sort of the cryptocurrency world", said the former Goldman Sachs President and former NEC Director Gary Cohn. The underlying technology, i.e the blockchain tech, however, The post Ex-Goldman Sachs President believer of Digital dollar, not crypto appeared first on AMBCrypto. дальше »
2020-1-11 18:00 | |
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China’s Central Bank: Here’s the Latest on the Digital Yuan
The People's Bank of China said several important processes in the development of the digital yuan were "almost complete." дальше »
2020-1-11 23:51 | |
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Facebook’s Zuckerberg Highlights Digital Commerce, but Not Libra, in 2030 Vision
Mark Zuckerberg said Facebook wants to build commerce tools for small businesses which use the social media giant's apps, but noticeably avoided mentioning the Libra stablecoin project in his 2030 vision. дальше »
2020-1-10 23:45 | |
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Reserve Bank of Australia Looks To Deny Cryptos Like Facebook’s Libra Until Regulations Are Met
When it comes to Libra and the viability of central bank digital currencies (CBDCs), the Reserve Bank of Australia (RBA) has announced it has serious doubts. RBA officials said in December last year they don’t believe cryptocurrencies will ever take the place of money issued by governments. дальше »
2020-1-9 20:58 | |
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ECB Wants Active Role in Crypto, Will Not Deter Private Solutions
The European Central Bank (ECB) wants to play an active role in the field of digital currency, said President Christine Lagarde. As the bank works on its own digital currency and an instant payment system, Lagarde emphasizes that “central bank initiatives should neither discourage nor crowd out private market-led solutions for fast and efficient retail […] The post ECB Wants Active Role in Crypto, Will Not Deter Private Solutions appeared first on Bitcoin News. дальше »
2020-1-9 16:02 | |
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Libra Association Vice-Chairman Calls Bitcoin An ‘Exciting Asset’ But ‘Not For Payments’
According to Dante Disparte, the Libra Association vice-chairman, Bitcoin isn’t a means of disbursement. Disparte said this when speaking to early adopters of tech and gadget fans in Las Vegas who had attended the Digital Money Forum at CES (Consumer Electronics Show). дальше »
2020-1-8 17:37 | |
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Crypto’s Have ‘Intriguing Possibilities’ But Won’t Replace USD As Global Reserve Currency: IMF Chief
International Monetary Fund’s (IMF) chief economist, Gita Gopinath, said on Tuesday that digital currencies aren’t threatening the US dollar’s role in the global trade. She also mentioned that while cryptocurrencies seem to offer intriguing possibilities, they still aren’t globally accepted and lack the infrastructure they need to defeat the US dollar in order to become […] дальше »
2020-1-7 18:49 | |
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China’s Digital Currency Still has No Launch Date But Will Continue its Development in 2020
China’s central bank said on Sunday that it doesn't have a launch date for its sovereign digital currency but will continue with its research and development, as per the local reports. A report in August said the central bank-backed digital currency could be launched as early as November but that is long gone. Last month, […] дальше »
2020-1-6 21:59 | |
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Bitcoin to $1 Million: Community Optimistic About BTC’s Second Decade
If you’d have asked the small handful of individuals interested in Bitcoin this time 10 years ago what they thought the leading digital asset’s price would be at the end of the decade, few, if any, would have said thousands of dollars. дальше »
2020-1-2 01:21 | |
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Facebook’s Libra Has “Failed” As Central Banks Won’t Accept It – Switzerland Finance Minister
Facebook’s digital currency Libra has been a big miss so far and requires a revamp in order to be supported, said the finance minister of Switzerland and outgoing president. Where regulatory consent is concerned, Ueli Maurer, the president of Switzerland said, “I don’t think (Libra has a chance in its current form), because central banks […] дальше »
2019-12-28 19:04 | |
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Crypto Cycles: A Shift In Investment Logic In The Digital Currency Market
The economist Albert Alchain once said “economics does not care whether people are rational, but whether people can survive. ” This statement certainly hits home. After ten years of rapid growth in the digital currency market, the impression most people have is that it’s all just hype, a bubble, or too risky. дальше »
2019-12-27 00:33 | |
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China’s Central Bank Digital Currency is “Digital Form of the Yuan” & “Not for Speculation”
China’s new sovereign digital currency would not be open to speculation like other cryptocurrencies, said a Chinese central bank official on Saturday. Mu Changchun, head of the People’s Bank of China’s digital currency research institute said it would be a “digital form of the yuan” that wouldn’t need the backing of a basket of fiat […] дальше »
2019-12-23 19:11 | |
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Bitcoin at $250k? Analysts Weigh in on Draper’s “Bizarro” Call
Two market analysts have said Tim Draper’s bold Bitcoin price prediction might not be as far fetched as it seems. The billionaire venture capitalist said recently that the leading digital asset would reach a price of $250,000 between six months and a year after the 2020 halving. дальше »
2019-12-21 23:00 | |
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Every Major South Korean Conglomerate Is Now Involved in Blockchain
It has recently emerged that South Korea’s biggest telecommunications company, KT Corporation, will be releasing a digital currency. With this news, it can now be said that ever major conglomerate in the country is officially invested in blockchain. дальше »
2019-12-20 23:16 | |
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Fidelity Exec Predicts Crypto Custodians Will White-Label Their Services
Fidelity Digital Assets envisions a future where custodians work behind the scenes to store cryptocurrency for other firms’ clients, an exec said. дальше »
2019-12-19 16:30 | |
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Fidelity Digital Assets to Consider Rolling Out Ether Support in 2020
Fidelity Digital Assets plans to add support for Ether next year subject to sufficient demand, said the firm’s president
дальше »2019-12-16 13:31 | |
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Lagarde Sees Demand for Stablecoins, Plans to Put ECB ‘Ahead of the Curve’
At her first press conference as head of the European Central Bank (ECB), Christine Lagarde outlined her plans to lead the ECB “ahead of the curve” in the field of digital currency. “There is clearly a demand out there that we have to respond to,” she said, referring to stablecoins. дальше »
2019-12-14 15:38 | |
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ECB to Set Objectives for Own Digital Currency, Lagarde Suggests
The European Central Bank (ECB) should determine objectives for its digital currency taskforce by mid-2020, ECB President Christine Lagarde said during her first policy meeting. What’s the Purpose of a Digital Euro? Earlier today, the ECB’s Governing Council met to decide the benchmark interest rate and the monetary policy. дальше »
2019-12-12 22:24 | |
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Sweden’s Financial Authority Approves Swiss Crypto ETP Provider Amun
On December 10, Switzerland-based firm Amun AG announced the company’s base prospectus has been approved by the Swedish Financial Supervisory Authority (SFSA). The ETP provider said it has extensive plans to expand its digital asset ETPs throughout Europe, while Sweden shows “strong demand” for these products. дальше »
2019-12-11 14:10 | |
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Big traders on Binance panic tanking Matic’s price by almost 75%
The digital token of Ethereum-based payments company Matic lost almost 75 percent of its value in a matter of minutes after two weeks of massive appreciation. While the matter is still being investigated, both Matic and Binance said that it wasn’t a pump and dump scheme, but a result of a panic cycle caused by […] The post Big traders on Binance panic tanking Matic’s price by almost 75% appeared first on CryptoSlate. дальше »
2019-12-11 21:30 | |
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