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Lebanon’s Fiat Currency, the Lira, Drops 50% of Its Value in 10 Days Due to Hyperinflation
Lebanon's financial crisis is only deepening with each passing day, as the country is engulfed in hyperinflation. An unofficial report suggested that the value of the national fiat Lira has fallen by 50% in a matter of two weeks. дальше »
2020-7-3 23:22 | |
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Swiss Authorities Amend Existing Laws to Foster Crypto Growth
The National Council, which is the lower house of the Federal Assembly of Switzerland, has unanimously passed a legislative package amending a large chunk of the nation’s existing financial laws in a bid to crush possible legal barriers and enable crypto and blockchain startups to flourish more, according to reports on July 1, 2020. дальше »
2020-7-2 23:00 | |
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China’s National Blockchain Service Network Integrates Chainlink; Pushes LINK Prices Near ATH
Chainlink is back to recording gains, up nearly 12% on the back of partnership with China’s national Blockchain Services Network. The recently launched BSN will be integrating the Chainlink oracle function to its network that enables governments and enterprises to incorporate real-world data such as IoT data, weather, location information, and financial asset prices into […] дальше »
2020-6-23 20:25 | |
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Brazil Regulator Votes to Continue Probe Into Banks’ Rejection of Crypto Firms
Brazil’s national competition regulator is about to decide the fate of its investigation on whether some of the largest banks in the country wrongly locked local crypto brokers out of financial services. дальше »
2020-5-21 17:51 | |
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People’s Bank of China Pledges to “Accelerate” Blockchain Development, Boost Local Industry
The Financial Technology Committee of the People’s Bank of China, the country’s national bank, held a meeting this week exploring blockchain technology and making decisions for its regulation within the country. дальше »
2020-5-15 19:00 | |
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China Forms National Blockchain Committee with Huawei, Tencent, Ant Financial
China is bringing together its tech giants to create a national blockchain committee with the primary goal of setting standards for the adoption of blockchain in the country. The national committee will include a few big names in China’s tech sector including Huawei Technologies, Tencent Holdings, Baidu, Ant Financial Services, and JD. дальше »
2020-4-18 16:10 | |
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China’s National Blockchain Network April 2020 Launch Date Still Valid
Blockchain-based Service Network (BSN), the distributed ledger technology (DLT) platform being developed by the Chinese government in conjunction with tech firms and financial institutions will finally be launched by next month. дальше »
2020-3-24 00:00 | |
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Donald Trump Declares National Emergency in U.S., Frees Up $50B to Fight with Coronavirus
Coinspeaker Donald Trump Declares National Emergency in U. S. , Frees Up $50B to Fight with CoronavirusDonald Trump declared a national emergency over the coronavirus pandemic. The declaration frees up as much as $50 billion in financial resources to assist Americans affected by the outbreak. дальше »
2020-3-14 23:12 | |
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South Korea Passes Bill to Regulate Cryptocurrency in Line With FATF Standards
South Korea’s National Assembly finally passed a bill that provides a framework for the regulation of cryptocurrencies and exchanges. Crypto service providers will be required to use the real-name verification system and comply with reporting requirements in line with the global cryptocurrency standards set by the Financial Action Task Force (FATF). дальше »
2020-3-8 20:38 | |
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South Korean National Assembly Passing Of Two Amendments, Making Crypto Legal
First, it was India, now South Korea has taken a positive step towards cryptocurrencies. The recent amendment of the Act on Reporting and Use of Specific Financial Information passed today during a session of the National Assembly, which officially allows crypto trading and holding. дальше »
2020-3-6 21:03 | |
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South Korea's parliament reportedly 'legitimizes' Cryptocurrency as a legal entity
According to reports, a full session of the National Assembly of the South Korean parliament has passed an amendment to the Act on Reporting and Use of Specific Financial Information. Owing to this amThe post South Korea's parliament reportedly 'legitimizes' Cryptocurrency as a legal entity appeared first on AMBCrypto. дальше »
2020-3-5 13:00 | |
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Breaking: Cryptocurrency Now Fully Legal in South Korea
In another significant development for the cryptoverse, the South Korean National Assembly has officially passed the “Act on Reporting and Use of Specific Financial Information” bill into law, making cryptocurrency trading and holding a legal activity in the nation, reports TheNewsAsia on March 5, 2020. дальше »
2020-3-6 12:00 | |
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Ripple Signs Another key Partnership in India
Various financial institutions are looking to incorporate blockchain technology. Ripple continues to make inroads, as it is now partnering with the National Bank of Fujairah. Ripple has forged numerous crucial partnerships over the past few years. дальше »
2020-3-4 02:00 | |
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US House Financial Services Committee To Hold Digital Currency Hearing Next Month
Chairwoman Maxine Waters just released the March schedule for the US House Financial Services Committee with one interesting addition on March 24th. The Subcommittee on National Security, International Development, and Monetary Policy will meet to discuss digital currencies in a hearing called “A Review of Domestic and International Approaches to Digital Currencies.” It will start […] дальше »
2020-2-28 21:40 | |
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NCFA and Toronto Finance International partner to co-host Canada’s ultimate fintech experience
Strengthening Canada’s fintech and financial reach through collaboration, competition, and networking at FFCON20 The National Crowdfunding & Fintech Association of Canada (NCFA) and ToronThe post NCFA and Toronto Finance International partner to co-host Canada’s ultimate fintech experience appeared first on AMBCrypto. дальше »
2020-2-27 12:30 | |
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Australia’s National Stock Exchange Is Building A DLT-Based Real-Time Trading Platform
Both companies listed publicly, NSX Ltd. , which is the owner of the National Stock Exchange of Australia, and the financial institution known as iSignthis (ISX) have announced on Thursday that they’re partnering up to offer a platform for trading digital securities. дальше »
2020-2-21 22:26 | |
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Ripple Could Take Billions From SWIFT Through National Bank of Egypt Deal
Ripple has entered the Egyptian market via an agreement with the National Bank of Egypt, the oldest bank in the nation. This is part of a concerted effort by Ripple to offer financial solutions globally. дальше »
2020-2-14 02:09 | |
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Ripple enters Egyptian market; signs cooperation agreement with country's oldest bank
Ripple has been taking significant steps towards providing its financial solutions all around the world, with a recent development expanding the firm's presence in one more country. The National Bank The post Ripple enters Egyptian market; signs cooperation agreement with country's oldest bank appeared first on AMBCrypto. дальше »
2020-2-12 11:55 | |
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Blockchain-enabled digital IDs help boost financial inclusion in Sierra Leone
Sierra Leone has been active in the blockchain scene for a very long time. In fact, it is one of the first African countries to have unveiled a blockchain-enabled digital national identification systeThe post Blockchain-enabled digital IDs help boost financial inclusion in Sierra Leone appeared first on AMBCrypto. дальше »
2020-2-2 23:00 | |
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Is International Pressures Forcing South African Banks to Close Crypto Exchange Accounts?
The big-four bank, Nedbank, may become the latest financial institution in South Africa to close cryptocurrency bank accounts, reports the local media channel. The bank will be following in the footsteps of the First National Bank (FNB) that closed the digital currency-related bank accounts back in November, last year citing lack of regulations as the […] дальше »
2020-1-26 00:55 | |
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Tokenized shares exchange MERJ lists its own security token
CryptoNinjas - Bitcoin, Cryptocurrency & Blockchain Asset SourceMERJ, a recently launched exchange, clearing agency, and registry in full compliance with the Seychelles Financial Services Authority, today announced the official listing of its own tokenized security on its fully compliant and regulated national stock exchange. дальше »
2019-8-8 15:48 | |
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Malta Government Official Announced Use Of Blockchain Tech For National Business Registry
Malta is one of the most crypto-friendly and blockchain-friendly regions in the world, so it should come as no surprise that the national business registry (MBR) is making changes in favor of these industries. дальше »
2019-8-2 23:29 | |
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TIB Fund analyst: cryptocurrency prospects in the upcoming recession
Appeared after the financial crisis of 2008, bitcoin was conceived by Satoshi Nakamoto and his company as a means to change the global financial system to reduce dependence on national banks. Ten years have passed and we seem to be on the verge of an economic storm again. дальше »
2019-8-1 14:02 | |
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US regulation against Bitcoin could be the catalyst for the next upswing
In a recent briefing held by the U. S. Secretary of the Treasury Steven Mnuchin, the U. S. government revealed its stance on cryptocurrencies and the efforts it will carry upon to regulate Bitcoin because of its use in criminal activity and the threat it poses to the financial system. дальше »
2019-7-16 03:56 | |
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US Treasury Secretary: Bitcoin a “national security issue,” cryptocurrency dominated by illicit activity and speculation
Following President Trump’s derisive tweet about Bitcoin, U. S. Secretary of the Treasury Steven Mnuchin held a briefing on regulating Bitcoin and Facebook’s Libra because of their use in criminal activity and the threat they pose to the financial system. дальше »
2019-7-16 23:13 | |
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Tech Entrepreneur: Facebook’s “Cryptocurrency” Libra is a “Big Mistake”
Billionaire tech entrepreneur Mark Cuban is not a big fan of Facebook’s recently-detailed cryptocurrency-of-sorts. He says there may be repercussions from despotic leaders around the world if citizens start to use alternatives to national currencies. дальше »
2019-7-13 02:00 | |
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France shares President Trump’s apprehension about Facebook’s Libra
A source in France’s Finance ministry has disclosed that France would take the same stance as made clear by President Trump’s tweets earlier today, reported Financial Times. More specifically, the ministry shares the idea that allowing a private company to set up the equivalent of a national currency was a red line that cannot be […] The post France shares President Trump’s apprehension about Facebook’s Libra appeared first on AMBCrypto. дальше »
2019-7-13 01:30 | |
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President Maduro Orders Petro Transaction Desks to be Opened in Venezuelan National Bank
There is significant use of cryptocurrencies by people in first world countries for the purposes of paying for goods and services as an alternative to fiat currency and also as an investment tool. There is, however, also the use of cryptocurrencies in countries are struggling with inflation and various financial issues as not just an […] дальше »
2019-7-5 21:17 | |
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V20 Summit Concludes With Promises for Crypto Industry
As the G20 leaders’ summit came to a close, the nearby V20 summit concluded with a set of promises for the crypto industry in response to the global crypto standards set by the Financial Action Task Force. дальше »
2019-6-30 07:25 | |
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MERJ to become first public securities exchange to tokenize its shares
MERJ, a multi-market global financial exchange for equities, debt, and derivatives, today announced plans to list the first-ever regulated security token on a national exchange. Tokenized shares for MERJ Group will be listed alongside its existing stock, bringing tokenized securities under the umbrella of a national, regulated bourse for the first time. Confirming backing last […] дальше »
2019-6-25 16:45 | |
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PR: Legislators Support V20 Summit in Response to New FATF Rules
Legislators have shown their support for the V20 Summit which is set to take place alongside the G20 Leaders Summit in Osaka, Japan, 28 & 29 June 2019. The event will convene G20 representatives, national blockchain associations, the world’s leading Virtual Asset Service Providers (VASPs) and legislators from jurisdictions to discuss implications and explore possible technical solutions to achieve the desired outcomes of a new set of recommendations proposed by the Financial Action Task Force (FATF). дальше »
2019-6-18 12:30 | |
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Icelandic Financial Watchdog Approves E-Money Startup Monerium
Iceland’s financial watchdog, the Financial Supervisory Authority (FSA) on June 14, 2019, approved Reykjavik-based fintech startup Monerium as the country’s first e-money institution. Iceland Backs Digitization of Money Iceland’s national currency, the Icelandic krona (ISK), is set to become Europe’s first blockchain-powered digitally traded currency after the nation’s sole financial regulator gave the green lightRead MoreRead More. дальше »
2019-6-18 23:00 | |
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‘Totally Absurd’ – New FATF Rules To Turn Bitcoin Exchanges Into Banks
Intergovernmental body the Financial Action Task Force (FATF) has committed to making 200 countries treat cryptocurrency exchanges like banks. FATF Among ‘Biggest Threats’ To Crypto As Bloomberg reported June 11, an update to how national regulators should treat businesses dealing with cryptocurrency tokens will officially go public on the 21st of the month. дальше »
2019-6-12 20:00 | |
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Bitcoin: The Censorship Free Cure to JP Morgan’s Dystopian Nightmare
By CCN: Just as the world’s financial institutions begin to take an interest in Bitcoin, they prove themselves to be the very reason for its creation. After several conservative activists were effectively ‘unpersoned’ by JP Morgan Chase earlier this year, CEO Jamie Dimon still won’t deny there could be more to come. дальше »
2019-5-29 13:20 | |
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Ripple CEO Just Pitched Ripple To Top Bank Execs Including IMF Director
Ripple’s CEO, Brad Garlinghouse, while attending the Swiss National Bank Conference, spoke to several authorities in the financial industry… The post Ripple CEO Just Pitched Ripple To Top Bank Execs Including IMF Director appeared first on Invest In Blockchain. дальше »
2019-5-21 07:53 | |
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Most Americans Would Be Broke as a Joke if They Missed One Paycheck
By CCN: Most Americans are financially unstable and live paycheck to paycheck. In fact, 51% of working Americans would be in dire financial straits if they missed a single paycheck. And an additional 15% would suffer severe hardship if they missed two pay periods. дальше »
2019-5-19 20:00 | |
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Disgusting Bitcoin Scam Swipes $1.6 Million from Jersey Victim’s Life Savings
By CCN: A man from the English channel island of Jersey just wanted to buy bitcoin. In actuality, the unfortunate victim gave away an eye-popping $1. 6 million in life savings to crypto scammers. дальше »
2019-5-4 02:10 | |
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SEC, FINRA to Initiate Broker-Dealers Program and CryptoAsset “Compliance Practices” on June 27
On Tuesday, April 16, 2019, the US Securities and Exchange Commission (SEC) announced their alliance with the Financial Industry Regulatory Authority (FINRA) in relation to the 2019 National Compliance Outreach Program for Brokers-Dealers. дальше »
2019-4-19 01:15 | |
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Cryptocurrencies Will Never Replace Us, Cries Romanian Central Bank Official
By CCN. com: Central bankers occasionally lose their guard and reveal that they are constantly worrying they will be rendered irrelevant by cryptocurrencies. The latest proof comes from the National Bank of Romania courtesy of the central bank’s administration council member, Daniel Daianu. дальше »
2019-4-17 12:48 | |
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Canadian Province Offers Low-Cost Energy Incentives to Bitcoin Miners
They’re doing it in British Columbia, Quebec, Manitoba, Alberta and Labrador — bitcoin miners in Canadian provinces are taking advantage of the country’s cool climate and abundant supplies of hydroelectric power. дальше »
2019-4-17 20:52 | |
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Indian Banks Could Start Using Blockchain Technology to Improve Digital Payments
According to the Indian business magazine Business Today, the National Payments Corporation of India (NPCI) could start using blockchain technology to improve digital transactions. India’s banks have been against the development of the crypto industry but they seem ready to implement blockchain technology and improve their services. дальше »
2019-4-14 18:55 | |
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Thailand’s National Exchange Preps 2020 Launch For Digital Asset Platform
The Stock Exchange of Thailand (SET) announced Wednesday in a statement that plans are underway for the development of a digital asset platform ready to roll out in 2020. SET is working along with several third-party financial collaborators to develop the software platform that it envisions “leveling up investment experiences for more convenience and higher speed” for its clients as well as offering exchange services for digital assets. дальше »
2019-3-15 09:59 | |
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New York Nears Financial Ruin as Debt Balloons Over $80,000 per Household
As public spending and debt levels in New York rise its wealthy and businesses leave, sick of high taxes. New York sits on the edge of bankruptcy. Experts warn that further exits or a national recession could push the city over the edge into all-out financial ruin. дальше »
2019-3-13 18:03 | |
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Switzerland’s SIX Digital Exchange Adopts R3’s Corda Blockchain Solution
SIX Digital Exchange (SDX), an operator of Financial Market Infrastructure (FMI) regulated by FINMA and the Swiss National Bank, has chosen R3‘s Corda Enterprise blockchain platform for its digital asset listing, trading, settlement, and custodial services, according to a press release on March 7, 2019. дальше »
2019-3-8 19:30 | |
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UK Regulator: 3% of Consumers Surveyed Have Bought Cryptocurrency
The U. K. ’s Financial Conduct Authority (FCA) published two reports on consumer attitudes and awareness to crypto assets in the country. The research includes qualitative interviews and a national survey of 2,132 British consumers. дальше »
2019-3-7 20:30 | |
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