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Federal Reserve Bank President Says Most Cryptocurrencies Are Worthless
The president of the Federal Reserve Bank of St. Louis, James Bullard, says that most cryptocurrencies are “worthless. ” He noted that if “cryptocurrency can facilitate transactions that are difficult to make in conventional currencies, then they will have a purpose and might circulate alongside the nation-backed currencies. дальше »
2021-5-27 02:00 | |
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CBDC Less Than Two Years Away Says Brazilian Central Bank President
Although Brazil is a recent entrant to studying digital currencies, its central bank’s president says the country could launch one as soon as 2022. Per local news outlet Correio Brazilienese, president Roberto Campos Neto has indicated that digital currencies will be “the future of the financial system. дальше »
2020-9-5 17:10 | |
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Ex-Trump Communications Director Anthony Scaramucci Says He’s ‘A Fan’ Of Crypto
Former President Trump aide, Anthony Scaramucci, has revealed he is a fan of digital currencies and the underlying technology known as the blockchain. Appearing in a recent virtual interview, the former White House Communications chief noted that crypto has a bright future while also discussing the investment strategy of his firm, SkyBridge Capital. Crypto And […] дальше »
2020-8-31 00:02 | |
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Ex-Chinese Banking Exec Says CBDCs Will Substitute Cash in Circulation
A former Bank of China executive has shown his support for digital currencies, positioning it as a substitute for cash, widely known in economic circles as M0. Ex-vice president of China’s central bank, Wang Yongli, said that digital currencies should substitute all currencies “as much as possible”. дальше »
2020-8-3 17:26 | |
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Switzerland’s Crypto Valley Association Head Says CBDC Is a Good Idea
Central bank digital currencies are “the next logical stage,” according to Crypto Valley Association president Daniel Haudenschild
дальше »2020-3-7 15:44 | |
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Venezuelan President Nicolas Maduro Wants Airlines to Pay for Their Fuel in Petro
Coinspeaker Venezuelan President Nicolas Maduro Wants Airlines to Pay for Their Fuel in PetroVenezuelan President Nicolas Maduro asked airlines to pay for fuel using the PetroCard that will convert their currencies into Petro for payments. дальше »
2020-1-16 11:27 | |
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The ECB is the latest central bank to discuss issuing a CBDC
The President of the European Central Bank, Christine Lagarde, says the ECB needs to stay ahead of the curve when it comes to digital currencies. Will the European Central Bank be the first to deploy a central bank digital currency? дальше »
2019-12-22 14:05 | |
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New Trump Tariffs Could Send Beer Prices Soaring
Another round of surprise Trump tariffs are the president's remedy for weaker foreign currencies, but it could be bitter news for beer prices. The post New Trump Tariffs Could Send Beer Prices Soaring appeared first on CCN.com дальше »
2019-12-3 22:49 | |
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Shanghai PBOC Crackdown on Cryptocurrencies Causes Market Crash
The Shanghai division of the People’s Bank of China issued a statement regarding the use of virtual currencies in the region. Reiterating that China’s favorable openings are to blockchain and not Bitcoin, markets slid by up to 11 percent in response to the news. дальше »
2019-11-22 20:37 | |
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23 Central Banks Divulge Their Digital Currency Requirements
Twenty-three leading central banks participated in an in-depth survey on their digital currency developments and requirements, including fungibility, convertibility, and availability. They also discussed the timeframe for issuing consumer-ready central bank digital currencies and divulged their greatest concerns about implementing them. дальше »
2019-11-2 17:18 | |
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French Ministry of Education Publishes Bitcoin Resource Guide for Educators
As digital currencies transform the world, concepts like Bitcoin continue to percolate into academic courses and higher education worldwide. The French Ministry of National Education’s recently published economics and social sciences resource guide for teachers discusses cryptographic money like Bitcoin. дальше »
2019-11-1 20:59 | |
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Philly Fed President Says Bank Cryptos are ‘Inevitable,’ but the U.S Won’t Take the Lead
It seems Patrick Harker, the president of the Philadelphia Fed, has finally got the memo, accepting that central bank digital currencies (CBDC) are “inevitable. ” Still, that isn’t enough for America to take the lead on them. дальше »
2019-10-3 17:05 | |
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Facebook’s Libra is a “Threat to Currencies,” Marcus Treahcer, Ripple VP of Customer Success
One major flaw with Facebook’s plan to create a digital currency, according to Marcus Treacher, Ripple’s senior vice president of customer success, says is that it is a “walled garden.” The term that means a closed system has been applied to top companies like Facebook (FB) and Apple (APPL) in reference to the control they […] дальше »
2019-9-29 04:48 | |
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Stablecoins Pegged Against Foreign Currency Could Affect Swiss Monetary Policy: Central Bank President
Many regulators and heads of financial institutions have expressed concern over cryptocurrencies and their use. Crypto assets come with many challenges that place financial institutions in an awkward position as far as dealing with digital assets goes. дальше »
2019-9-7 19:21 | |
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Apple Pay exec said the company is keeping an eye on cryptocurrency
Jennifer Bailey, the vice president of Apple Pay, said that Apple was keeping an eye on digital currencies. In an interview with CNN, Bailey said that the company thought cryptocurrencies “were interesting” and that they had “long-term potential. дальше »
2019-9-7 18:00 | |
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Facebook’s Libra could become ‘systematically important very quickly,’ claims Fed Chair Jerome Powell
2019 has been an incredibly important year for digital currencies. The collective cryptocurrency market broke away from the bearish winter and digital assets have again started to gain attention from various financial institutions and personalities. дальше »
2019-9-7 16:00 | |
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Cryptos Are Entering Global Currency Competition Says Fed
James Bullard, President of the Federal Reserve Bank of St Louis, has stated currencies are intrinsically worthless and fragile days after Donald Trump mentioned they are printed out of thin... The post Cryptos Are Entering Global Currency Competition Says Fed appeared first on Trustnodes. дальше »
2019-7-21 18:17 | |
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Ron Paul Defends Cryptocurrencies Calling Them A “Great Idea”, Supports Minimum Regulation
During the last few days, we have seen how many different relevant political figures in the United States have been attacking Bitcoin (BTC) and virtual currencies. Steven Mnuchin, U.S. secretary of the treasury and a former banker said that these digital assets are a national security issue. U.S. President Donald Trump has also written on […] дальше »
2019-7-16 18:26 | |
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Bitcoin Is A “Store of Value” Like Gold: The US Federal Reserve Chairman
Yesterday has been quite a historic day for the bitcoin and cryptocurrencies as the Fed and President of the US both talked about digital currencies. The Validation Of The Highest Order While answering questions before the Banking Senate Committee on Thursday, Jerome Powell was asked if a cryptocurrency system became prevalent throughout the globe, would […] дальше »
2019-7-12 16:01 | |
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Bitcoin Use Soars in Zimbabwe After Foreign Currencies Ban
Peer-to-peer Bitcoin exchange of LocalBitcoins has continued to soar after the Zimbabwe government implemented a ban on foreign currency transactions. Zimbabwe: Bitcoin or Bust As reported by Quartz Africa, Peer-to-peer Bitcoin transactions in Zimbabwe recently reached a new high after President Emmerson Mnangagwa reinstated the Zimbabwe dollar. дальше »
2019-7-11 15:00 | |
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New ECB Boss Christine Lagarde Could Enact Bitcoin Friendly Legislation
Bitcoin and crypto-supportive legislation could be on the way now that Christine Lagarde has been selected to serve as the new European Central Bank president. Will the ECB Support Bitcoin? Recently nominated European Central Bank (ECB) president Christine Lagarde has a history of making statements which cryptocurrency investors interpret as being supportive. дальше »
2019-7-8 23:02 | |
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Brazilian President Claims He Doesn’t Know What Bitcoin Is, Affirming We Have a Long Way to Go
Brazilian president Jair Bolsonaro says he doesn’t know about Bitcoin The Brazilian government has also blocked a crypto-related initiative Although there were many individuals claiming that Jair Bolsonaro, the president of Brazil, was going to support the expansion of virtual currencies, the reality is that he does not know what this virtual currency is. This […] дальше »
2019-6-6 17:43 | |
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German Central Bank Presidents Warns of Digital Currency Blaze
Jens Weidmann, President of Bundesbank, believes mainstream adoption of digital currencies will lead to a systematic destabilization of the financial markets and banking system, May 30, 2019. More Doomsday Predictions Central banks around the world are exploring the potential of electronic cash in response to a growing demand to digitize the economy and limit theRead MoreRead More. дальше »
2019-5-30 21:00 | |
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Kraken VP: Recent Bullish Bitcoin Trend Driven By Entry Of Professional Traders With Real Funds
Bullish Trend Driven By Entry Of Professional Traders That Have Legitimate Cash, Kraken’s Vice President Kraken’s vice president says that the recent recovery in the crypto world has been propelled by the entry of many professional traders who bring legitimate money in the market. дальше »
2019-5-25 21:09 | |
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Bitcoins Not Really Currencies, Euro Is Always Euro — Says European Central Bank President
The European Central Bank (ECB) recently published a paper titled “Crypto-Assets: Implications for financial stability, monetary policy, and payments… The post Bitcoins Not Really Currencies, Euro Is Always Euro — Says European Central Bank President appeared first on Invest In Blockchain. дальше »
2019-5-22 23:37 | |
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eBay Teases Crypto Expansion
Popular e-commerce provider eBay has released promotional materials suggesting that its is ready to accept “virtual currencies” and offer “digital collectibles. ”The ads have appeared at Consensus 2019, a cryptocurrency and blockchain summit taking place this week in New York. дальше »
2019-5-13 21:02 | |
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European Central Bank President Mario Draghi: ‘Bitcoin, Cryptocurrencies Are Not Real Currencies’
Mario Draghi, the president of the European Central Bank (ECB), said during a dialogue with students that cryptocurrencies are not real currencies. He has also stated that cryptos are “very, very risky assets” but they do not really have to be something for central banks to be worried about. Mario Draghi Talks About Cryptocurrencies As […] дальше »
2019-5-8 22:04 | |
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Could Bitcoin and Cryptocurrencies Be Affected By The Recent Stock Plunge?
Bitcoin (BTC) and other cryptocurrencies were affected a few hours ago when the U. S. President Donald J. Trump posted a tweet in which he said that they were increasing tariffs to China from 10% to 25%. дальше »
2019-5-7 03:34 | |
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Michael Novogratz Says POTUS Trump’s Economic Policies Make Him More Bullish About Bitcoin
In a recent Tweet, the recognized investor and founder of Galaxy Digital said that economic policies make him more bullish about Bitcoin (BTC) and digital currencies. There are several US leaders, including President Donald Trump and Vice President Michael Pence that suggest that the Federal Reserve (FED) should cut interest rates even further for the […] дальше »
2019-5-5 17:55 | |
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Cryptocurrency Will Save Countries from Financial Crises, Says Chicago Mayor
According to a report in Forbes, Chicago Mayor Rahm Emmanuel – formerly Chief of Staff for President Barack Obama – told one-time CCN writer Benjamin Pirus that the future for cryptocurrency is “affirmative. дальше »
2019-3-21 09:54 | |
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Quantum Computing and Blockchain Transparency May Not Fare Well for Bitcoin Whales: IBM VP
The vice president of blockchain and digital currencies at IBM says that quantum computing poses a real near-term threat to digital assets such as Bitcoin (BTC) and Ethereum (ETH). Lund said this in a recent interview with Fred Schebesta of Finder. дальше »
2019-3-18 20:43 | |
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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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IBM Crypto VP Thinks Bitcoin (BTC) Can Reach $1 Million – Could He Be Right?
There have been lots of predictions regarding the future price of Bitcoin, but no one is yet to beat Jesse Lund in this game. Jesse works as the Vice President of digital currencies and blockchain at IBM. дальше »
2019-2-22 16:13 | |
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IBM VP Of Blockchain: “I See Bitcoin at Million Dollars Someday”
The vice president of digital currencies and blockchain for the tech giant IBM, has said that he expects Bitcoin to hit $1 million at some point. Bitcoin at $1 Million Jesse Lund, the vice president of blockchain and digital currencies for the technology giant IBM sat for an interview with Finder. дальше »
2019-2-22 13:21 | |
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IBM Vice President of Blockchain Says Bitcoin is Going to be $1 Million per BTC ‘Someday’
Jesse Lund, the vice president of blockchain and digital currencies at IBM, is very bullish about the future of the most popular virtual currency. During an interview with Finder. com, he said that Bitcoin (BTC) could reach $1 million in the future. дальше »
2019-2-22 01:35 | |
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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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Presidential Candidate Tulsi Gabbard Purchased Cryptocurrencies During the 2017 Bull Market
The U. S. Congresswomen Tulsi Gabbard, which is currently running for president of the United States in 2020, purchased virtual currencies back in December 2017. The congresswomen from Hawaii informed that she purchased Litecoin (LTC) and Ethereum (ETH) when they were reaching their highest price ever registered. дальше »
2019-1-13 19:42 | |
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Coinbase’s Asiff Hirji Thinks We are ‘On the Cusp On Internet’ 3.0 Thanks to Crypto at Money 2020
Blockchain technology and virtual currencies have expanded all over the world allowing for many new implementations and use cases. They are having a deep impact on many different industries and economic areas. дальше »
2018-11-29 20:20 | |
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Prominent President of India’s Nasscom Says Cryptocurrencies Are Illegal, Aren’t Correct
The cryptocurrency situation in India continues to worsen. The president of the IT industry body Nasscom said that cryptocurrencies are illegal. During the last week, Indian authorities have taken different measures to avoid virtual currencies to continue their expansion in the country. дальше »
2018-10-26 02:32 | |
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HUOBI Group Sets up Shop in Africa, Middle East and South Asia
Huobi Group revealed at the World Blockchain Summit in Dubai that the company is looking to expand its operations to the Middle Eastern, African and South Asian markets in a bid to provide services to its unbanked or underbanked residents. дальше »
2018-10-26 21:07 | |
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Fidelity Unveils New Institutional-Grade Cryptocurrency Investment Service
Fidelity Investments has launched a new business to allow its institutional clients to trade in digital currencies such as bitcoin, a press release reveals. Known as Fidelity Digital Asset Services, LLC, the company will purchase and sell cryptocurrencies for family offices, hedge funds and other monetary ventures. дальше »
2018-10-16 22:22 | |
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Signs That The Bitcoin Bulls Are Ready To Break Out
Here are a few of the most significant signs that the bulls are getting ready to break out and stampede on the markets. Five years ago, the industry didn’t have as many investors as we see today and most mainstream media wouldn’t have given any crypto related news the light of day. дальше »
2018-10-11 21:30 | |
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