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One of World’s Largest Banks, MUFG Getting Ready to Release Its Stablecoin This Year
Coinspeaker One of World’s Largest Banks, MUFG Getting Ready to Release Its Stablecoin This YearThe newly-appointed president of MUFG has announced that the bank is going to put its own cryptocurrency known as MUFG Coin to practice this year. дальше »
2019-4-10 22:35 | |
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Puerto Rico Approves Combination Bank for Fiat and Digital Assets
The San Juan Mercantile Bank & Trust International (SJMBT), a new bank in Puerto Rico catering to cryptocurrency traders, is now fully operational. SJMBT announced its receipt of all appropriate licensing from Puerto Rican regulatory officials to begin offering “fiat and digital asset custody and settlement services,” which are “to be integrated with the trading platforms offered by its affiliate, the San Juan Mercantile Exchange (SJMX). дальше »
2019-4-3 00:47 | |
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Ripple partners with Federal Bank in India for cross-border payments
Private bank, Federal Bank Ltd. in India, has partnered with Ripple to facilitate international payments. In an announcement to the Bombay Stock Exchange (BSE), the Federal Bank confirmed its partnership with blockchain technology firm Ripple. дальше »
2019-3-29 16:49 | |
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This Central Bank Governor’s Tenure is a Tale of Everything Wrong With Socialism
A poor and densely populated country stuck at number 137 worldwide in the economic prosperity rankings, with a per capita GDP of just about $2,000 – this would be the perfect proving ground to show once and for all that left wing economics can successfully turn the fortunes of a struggling people around, and give the world an alternative to its failing capitalist system. дальше »
2019-3-11 15:00 | |
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Maduro Scoops 8 Tons of Venezuelan Central Bank Gold for Illegal $340 Million Cash Swap
Eight tons of gold has been taken out of the vaults of Venezuela’s central bank as tightening sanctions push President Nicolas Maduro to take extraordinary measures to remain solvent. Per opposition legislator Angel Alvarado and anonymous government sources, the gold was removed from the central bank vaults last week. дальше »
2019-3-2 17:05 | |
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IBM Exec Forecasts a Million-Dollar Bitcoin — When a Sat Will Equal a Cent
An IBM executive is unfazed by the current market realities, saying he sees Bitcoin (BTC) reaching a value of $1 million as a present possibility. Jesse Lund, vice president of Blockchain and Digital Currencies at IBM, shared his predictions at the IBM Think 2019 Conference, which took place February 12–15, 2019. дальше »
2019-2-23 00:42 | |
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New Brazilian President Appoints Blockchain And Crypto Friendly Head Of The Central Bank
Crypto Enthusiast Proposed As Brazil’s New Head Of The Central Bank Brazil’s president Jair Bolsonaro has appointed a new crypto enthusiast as Head of the Central Bank. According to a new report released by Reuters, the Economist is Roberto Campos Neto, who is a strong proponent of blockchain technology. This will be very positive for […] дальше »
2019-2-19 22:07 | |
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QuadrigaCX CEO Widow Sells Estate Assets, Reportedly Places Others in Trust
Jennifer Robertson, the widow of the late QuadrigaCX exchange CEO, appears to be liquidating and shuffling some estate assets. When QuadrigaCX founder and CEO Gerald Cotten passed away suddenly in December of 2018 in India, he was allegedly the only person with the knowledge of the exchange’s cold storage keys. дальше »
2019-2-15 22:06 | |
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Judge Delays Decision to Appoint Legal Counsel for QuadrigaCX Creditors
A group of lawyers from some of Canada’s top law firms convened in a court in Halifax, Nova Scotia, today to secure the right to represent creditors in the ongoing QuadrigaCX litigation. дальше »
2019-2-15 01:45 | |
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Blockchain and Crypto Enthusiast is Proposed by Brazil’s New President as Head of The Central Bank
Brazil’s new president, Jair Bolsonaro, has decided to promote a technological evolution and make the country a regional reference in the adoption and use of blockchain and digital assets to optimize the control and design of public policies. дальше »
2019-2-9 05:23 | |
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Trump Passes on a Bitcoiner, Picks World Bank Critic For Top Job
Any speculation that a bitcoiner, Mohamed El-Erian, might be picked to lead the World Bank has been put to rest after President Donald Trump nominated David Malpass (pictured) for World Bank president. дальше »
2019-2-7 14:32 | |
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Mining Bitcoin or the ‘Crypto-Ruble’ Just Another Form of Counterfeiting, Claims Russian Banking Chief
The head of VTB Bank, a major Russian financial institution that sees the government as its majority shareholder, has compared bitcoin mining with counterfeiting. Andrei Kostin, who serves as the president and the chairman of the management board of VTB Bank, said Monday during an event that any person who prints digital money to replace Russian Ruble was counterfeiting the state-backed fiat. дальше »
2019-2-6 10:15 | |
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General Counsel Position at Ripple Finally Filled by Stuart Alderoty from CIT Group
After months of leaving the position open, Ripple has finally found someone to work as their general counsel – Stuart Alderoty. Alderoty previously worked at top-50 bank CIT Group, where he worked in various positions, including executive vice president, general counsel, and corporate secretary since 2016. Now, with Ripple, he will be overseeing the legal […] дальше »
2019-1-31 08:57 | |
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Venezuelan President Gets Rekt’d as Bank of England Won’t Return its Gold Worth $1.2 Billion
Venezuela is going through an economic crisis and hyperinflation and now country’s President Nicolas Maduro, in his efforts to hold onto his plunging cash pile has been trying to pull the $1. 2 billion worth of gold out of the Bank of England. дальше »
2019-1-26 21:45 | |
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No Ripple vs SWIFT Face Off as Head of Poland’s Second-Largest Bank Joins Brad Garlinghouse on Payment Systems 2020 Round Table
There has been lot of excitement among the Ripple and XRP community about the upcoming face off between Ripple CEO Brad Garlinghouse and Swift CEO Gottfried Leibbrandt on the upcoming Blockchain Economic Forum to be held on 24-26 January, 2019. дальше »
2019-1-21 20:46 | |
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Canada’s First All-Crypto Legal Firm Opens Its Doors to Global Clientele
Technology lawyer Addison Cameron-Huff launched his new, Toronto-based, all-crypto legal firm on January 3, 2019, Bitcoin’s 10th anniversary, as a statement of his commitment to working for and promoting Bitcoin and cryptocurrency-based businesses. дальше »
2019-1-11 21:17 | |
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Brazil’s President promises to Open “black box” Amid Scrapping of Indigenous Cryptocurrency Project
On January 7, 2019, Brazilian President Jair Bolsonar tweeted that the government was going to open a “black box” into the operations of the national development bank, days after an Indigenous cryptocurrency project was halted. дальше »
2019-1-9 18:00 | |
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Yellow Vests in France Planning a Bank Run to Collapse the Euro
If ever anyone wished they could turn back the clock it would be wildly unpopular and “elitist” French President Macron. His decision to raise fuel tariffs in November has mushroomed and his country has succumbed to a wave of protests and violence the likes not seen since the 1960s. дальше »
2019-1-9 04:00 | |
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XRP Community Gets Excited about Ripple’s Potential in The Federal Reserve’s ‘FedPayments’ System
In a recent tweet uploaded by Bank XRP, a popular XRP and Ripple supporter shared a few videos with representatives of different companies and agencies talking about the payment industry. In the first video, Dave Sapenaro, the First Vice President and COO of the Federal Reserve of St. Louis, said that there are hundreds of […] дальше »
2019-1-5 21:25 | |
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The Daily: Shatner Dives Deep Into Crypto, Bank to Launch Digital Deposit Box
In today’s edition of The Daily, we feature a story about William Shatner flaunting his vast crypto knowledge, from Tether to Kitties. Additionally covered are a bank which wants to offer a digital deposit box for exchanges and investment funds, a new development in the Charlie Shrem lawsuit and more. дальше »
2018-11-11 14:00 | |
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Cryptocurrency is Illegal in India, Confirms NASSCOM President
The president of the National Association of Software and Services Companies (NASSCOM) Debjani Ghosh has publicly announced to Indian citizens that cryptocurrency is illegal, reports local news outlet The Hindu. дальше »
2018-10-29 02:21 | |
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World Bank President Convinced of Blockchain’s “Huge Potential”
The world is realizing the potential of blockchain technology. While some loathe its first and most well-known application, cryptocurrencies, the consensus around distributed ledger technology is clear — it could be a great asset to many businesses. дальше »
2018-10-13 20:19 | |
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World Bank Group Chief Says Blockchain Has ‘Huge Potential’ After Bond Success
The president of the World Bank has said Blockchain holds “huge potential” and that “embracing technology” is essential to it meeting its aims. Kim: World Bank ‘Not Keeping Up’ Speaking at the joint annual meetings event with the International Monetary Fund (IMF) this week, World Bank president Jim Yong Kim mentioned both cryptocurrency and distributed-ledger technology (DLT) within the context of Blockchain. дальше »
2018-10-12 05:00 | |
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Japanese Internet Monolith GMO to Launch Yen-Pegged Stablecoin
GMO Internet Group is working to launch a stablecoin by 2019. In an announcement released on Tuesday, October 9, 2018, the Japanese IT conglomerate said it is putting all gears in place to begin building its stablecoin, called the GMO Japanese Yen (GJY). дальше »
2018-10-10 02:10 | |
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Boston Federal Executive Speaks on Limitations of Cryptocurrency and Blockchain
Jim Cunha, the Senior Vice President of Treasury and Financial Services at the Federal Reserve Bank of Boston, spoke about cryptocurrency and blockchain at the Forbes‘ 30 Under 30 summit in the Massachusetts capital. дальше »
2018-10-5 23:00 | |
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Boston Federal Reserve VP Describes The Limits Of Cryptocurrency Partnerships
Federal Reserve Bank of Boston Vice President Jim Cunha discussed his views on cryptocurrency adoption and limitations at Forbes’ Annual 30 under 30 Summit on Oct. 2, highlighting asset security remains a significant concern for institutions. дальше »
2018-10-4 18:00 | |
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Boston Federal Reserve Exec Talks Blockchain at Forbes Event
The VP of the Boston Federal Reserve bank discussed crypto and blockchain at the launch of Forbes 30 Under 30 event in Boston on Monday. Jim Cunha, Senior Vice President of Treasury and Financial Services at the Federal Reserve Bank of Boston, spoke for roughly 20 minutes on crypto and blockchain on Monday. дальше »
2018-10-3 01:00 | |
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Putin Advisor Met Crypto Exchange CEO
Sergey Glazyev, advisor to Russian President Vladimir Putin and a member of the National Financial Council of the Central Bank of Russia, met Huobi founder and CEO Leon Li on the... The post Putin Advisor Met Crypto Exchange CEO appeared first on Trustnodes. дальше »
2018-9-23 15:56 | |
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Ex-Liberia Central Bank Chief Under Probe for Missing $104M, State Seeks FBI Help
More than a dozen government officials, including former central bank governor and his deputy, have come under investigation in Liberia after $104 million of newly printed banknotes vanished from the state purse. дальше »
2018-9-21 00:25 | |
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Texas State Securities Board Hits Russian Hoaxers with Cease-and-Desist Orders
Texas Securities Commissioner Travis J. Iles has issued emergency ordinances against three separate fraudulent cryptocurrency schemes linked to Russian scammers. The orders were issued on September 18, 2018, against DGBK Ltd. дальше »
2018-9-20 00:05 | |
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ECB Not Ready for EU-Backed Cryptocurrency
The European Central Bank (ECB) stated that it will not be pursuing a European Union backed cryptocurrency anytime soon, which shouldn’t be surprising to those who have followed the sentiment of the ECB toward cryptocurrency. дальше »
2018-9-18 13:39 | |
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Mario Draghi: Europe ‘Has No Plans to Issue Central Bank Digital Currency’
The European Central Bank has no intentions of issuing a central bank digital currency. According to its president Mario Draghi, the current economic conditions fail to justify a need for it. Cash Remains King Speaking in front of the European Parliament, the president of the European Central Bank Mario Draghi touched on the matter of cryptocurrencies and whether or not the European Union needs a central bank digital currency. дальше »
2018-9-18 04:00 | |
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Nigerian President Demands HSBC Bank Return $100M in Stolen Money
Decentralised cryptocurrencies like bitcoin are anathema to traditional banking. Bitcoin allows people to trade directly with each other, bypassing banks, the conventional middlemen. Banks make money by charging fees for the services they provide, including keeping one’s money in a bank. дальше »
2018-9-17 02:28 | |
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ECB Has No Plans to Launch Digital Currency Due to Blockchain Immaturity
The European Central Bank (ECB) is not issuing a digital currency any time soon, according to President Mario Draghi. He’s argued that the blockchain technology is not mature enough for such a level of responsibility and physical cash remains widely used within the monetary union. дальше »
2018-9-16 23:30 | |
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No, the EU is Not Issuing a State-Backed Cryptocurrency
Mario Draghi, President of the European Central Bank (ECB), said that the authority does not see a “concrete need” for a digital token alternative to the euro, according to Reuters. No Time for Crypto Highlighting the stability of fiat money and the infamous volatility of cryptocurrencies, Draghi told parliament members that a lack of robustness […] The post No, the EU is Not Issuing a State-Backed Cryptocurrency appeared first on CryptoSlate. дальше »
2018-9-16 22:00 | |
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Mario Draghi: European Central Bank Won’t Issue a CBDC Soon, But It’s “Carefully Analysing” The Possibility
The European Central Bank is not yet ready to issue its own cryptocurrency, but it does not deny the importance of knowing the potential of this type of technology. That is what Mario Draghi, its president, expressed in a letter addressed to the European Parliament this Wednesday, September 12. дальше »
2018-9-15 05:30 | |
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Despite Growing Interest, European Central Bank Still Reports “No Plans” for Launching a Digital Currency
In a letter to the European Parliament on Wednesday, President Mario Draghi stated that the European Central Bank still has “no plans” to issue a central bank digital currency (CBDC). дальше »
2018-9-15 22:23 | |
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Europe’s central bank wants nothing to do with cryptocurrency (for now)
Europe’s central bank (ECB) won’t be touching cryptocurrency any time soon. Its president Mario Draghi shot down hopes of an EU-sanctioned digital currency, criticising blockchain tech for being too young and fragile to be useful. дальше »
2018-9-15 17:34 | |
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Venezuela’s Central Bank Unveils App to Convert New Crypto-Pegged ‘Sovereign Bolivar’
Hyperinflation in Venezuela is so bad, the nation’s Central Bank has released an Android app to help citizens calculate how many new sovereign bolivar units they possess. The release arrives after the national government re-denominated the old currency last week. дальше »
2018-8-28 13:00 | |
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Как рекомендации ФАТФ скажутся на стоимости криптовалют?
Что произошло? Межправительственная организация по борьбе с отмыванием преступных доходов — ФАТФ — готовит рекомендации по работе с криптоактивами. С просьбой о разработке стандартов противодействия отмыванию доходов, полученных преступным путем, и финансированию терроризма (ПОД/ФТ) к организации в конце июля обратились страны G20. дальше »
2018-8-23 17:45 | |
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Op Ed: New Bermuda Legislation Will Create a Novel Class of Bank to Service Fintech Companies
As we reported on July 19, 2018, Bermuda is determined to establish itself as the leading jurisdiction for fintech entrepreneurs, in particular those involved in initial coin offerings (ICOs), digital assets and virtual currencies. дальше »
2018-8-23 23:03 | |
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Oil-backed Petro Cryptocurrency Set to Officially Become Venezuela’s Second Unit of Account
President Nicolas Maduro of Venezuela has announced on August 14, 2018 that with effect from August 20, 2018, the petro cryptocurrency would officially become the second unit of account in the nation, as the central bank issued altcoin will be used extensively by state-owned oil firm, PDVSA and may also be used to pay workers’ salaries. дальше »
2018-8-16 16:00 | |
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Venezuela Nationalizes Petro, Will Introduce Crypto-Based Salary System for Workers
Venezuelan President Nicolas Maduro recently revealed that the nation’s oil-backed cryptocurrency, the petro, will be used as a unit of account by the state oil company PDVSA. дальше »
2018-8-16 00:26 | |
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Regulations Round-Up: Central Bank-Issued Digital Currencies, Regulatory Clarity
In recent regulatory news, Spain’s Central bank has issued a report favoring the development of a central bank-issued digital currency (CBDC), the president of Taiwan’s central bank has advocated caution regarding CBDCs, the Blockchain Research Institute has published a summary of recent roundtable discussions calling for great regulatory clarity, and a Russian court has a […] The post Regulations Round-Up: Central Bank-Issued Digital Currencies, Regulatory Clarity appeared first on Bitcoin News. дальше »
2018-8-12 15:58 | |
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Northern Trusts are doing their part to aid in cryptocurrency investments
U.S.-based custody bank Northern Trust is helping traditional “mainstream” hedge funds expand into cryptocurrencies, Forbes reported Tuesday. Northern Trust’s president, Pete Cherecwich, told the news organization that the financial services firm is working with three hedge funds – whose names he declined to provide – to add cryptocurrency investments to their portfolios. To that end, Northern Trust дальше »
2018-8-1 19:55 | |
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More Than a Ledger: How Blockchains Will Democratize Wealth
To Mark Pascall, co-founder of BlockchainLabs New Zealand (NZ) and president of the Blockchain Association NZ, the blockchain space is more than just a new technology layer, it’s a “fundamentally different way for organizations and societies to operate. дальше »
2018-7-31 21:27 | |
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