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Yet Another Tailwind for Bitcoin? US Markets ‘Absolutely’ Not Prepared For Increased Inflation
Last week, Atlanta Federal Reserve Bank President Raphael Bostic said inflation is stable and the US economy is close to full employment which means the Fed will be able to keep the interest rates where they are. дальше »
2020-2-7 20:49 | |
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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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New Bitcoin Bank App Launched By Twitter, Medium Co-Founder Backed Fintech Firm Mode
Biz Stone, the Medium & Twitter co-founder has invested in a financial services company called Mode. The company has just released a BTC (Bitcoin) banking application for use in iOS gadgets. The UK-based firm said that the application will be available globally, but users in the United States would not have access to it yet. […] дальше »
2020-2-5 21:05 | |
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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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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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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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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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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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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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ECB Pres: Facebook’s Social Media Data Dominance Mixed With Libra’s Stablecoin Could Create Issues
Christine Lagarde, the newly named European Central Bank’s (ECB) president, said she’s concerned Facebook is going to use its social media platform for promoting the Libra and eliminating any competition. дальше »
2019-12-21 21:49 | |
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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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China’s Central Bank Digital Currency DC/EP is Finally “Ready” After 5 Years of Research
At the third “China Financial Forty People Yichun Forum,” held on August 10, the deputy director of the Payment and Settlement Division of the People's Bank of China, Mu Changchun said the central bank’s digital currency DC/EP is now “ready” after five years of research. дальше »
2019-8-12 03:56 | |
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China’s central bank announces completion of virtual currency after meticulous planning since 2014
Mu Changchun, Deputy Chief in the Payment and Settlement Division of the People’s Bank of China [PBOC], recently announced at the third “China Finance 40 Yichun Forum”, that the development period of People’s Bank of China’s [PBOC] digital currency was near completion and it was “said to be ready. дальше »
2019-8-11 12:33 | |
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Brilliant Brexit Plan: Public Holiday & Bitcoin While UK Economy Shrank for the First Time in 7 years
Michael Gove, the Chancellor of the Duchy of Lancaster and the person in charge of no-deal preparations said the government is considering the idea of holding a bank holding on November 1. Amidst the concern regarding that a no-deal Brexit would cause turmoil on the financial markets, Gove told The Times, “I don’t know if […] дальше »
2019-8-9 21:04 | |
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Pomp Highlights Factors Behind The Bitcoin Bull Run And Why You Should Be A Holder
In a tweet on August 7, 2019, Anthony Pompliano, co-founder at Morgan Creek Digital said Bank of America believes the U. S. Federal Reserve may have to fall back on quantitative easing by the fourth quarter of 2019. дальше »
2019-8-9 12:17 | |
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Main Drivers Behind Bitcoin’s 10% Surge Today
The #1 crypto asset is showing no signs of weariness today despite the worsening China-US trade tensions and growing fears of a global recession. Here are the main reasons behind Bitcoin’s latest 10% gain. дальше »
2019-8-5 18:00 | |
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Capital One data breach compromises 106 million customers’ personal data
US-based bank, Capital One, revealed last night a data breach that exposed data of exposed the data of 106 million credit card applicants including names, phone numbers, addresses, and dates of birth. дальше »
2019-7-30 08:05 | |
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Moonday Mornings: The US is suing a cryptocurrency exchange owner to the tune of $100M
Good morning, and welcome to Moonday Mornings. Let’s take a look at the cryptocurrency and blockchain headlines from over the weekend. 1. The US Internal Revenue Service (IRS) is going after digital asset traders and has begun sending them letters asking that they report their cryptocurrency holdings and pay their taxes, Coindesk reports. дальше »
2019-7-29 10:55 | |
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Bitcoin Boost As JPMorgan Casts Doubt On US Dollar’s Future
Bitcoin challenging the US dollar’s worldwide supremacy seems more likely after it emerged that even the country’s biggest bank thinks the status quo cannot last. Central Banks Amassing Gold ‘Makes Sense’ In a report issued July 10, Craig Cohen, a strategist for JPMorgan Chase, said changing habits among non-US central banks are creating a real sense of unease about the dollar’s long-term status. дальше »
2019-7-24 13:00 | |
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Kenyan Central Bank Governor Believes Facebook’s Libra is too Risky
The Central Bank of Kenya (CBK) has given its take on Facebook’s Libra cryptocurrency project. The apex bank has said that Libra comes with phenomenal risks that need to be properly understood, reports local news source, Telecompaper on July 22, 2019. дальше »
2019-7-23 05:00 | |
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The Japs And The “XRP Killer”: What To Expect?
The Japanese have a way of being ahead of others when it comes to technology development. After all, Satoshi is said to be Japanese. A year ago, Mizuho Bank one of the biggest banks in Japan started working on a cross border payments system. дальше »
2019-7-22 22:49 | |
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Japan And The “XRP Killer”: What To Expect?
The Japanese have a way of being ahead of others when it comes to technology development. After all, Satoshi is said to be Japanese. A year ago, Mizuho Bank one of the biggest banks in Japan started working on a cross border payments system. дальше »
2019-7-23 22:49 | |
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Bitcoin Not Banned in India, Finance Minister Tells Parliament
Holding or trading cryptocurrencies like bitcoin is not banned in India, union minister Anurag Singh Thakur told the upper house of Indian parliament. The Minister of State to Ministry of Finance said the issues of permitting the trading of/in cryptocurrencies remains under examination of a government-appointed interministerial committee. дальше »
2019-7-19 16:00 | |
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Treasury Steven Mnuchin Says US Will Police Crypto With ‘Very, Very Strong Regulations’
During a recent interview with CNBC, Steve Mnuchin, the secretary of the U. S. Department of the Treasury, said that it is important to establish strong regulations on Bitcoin (BTC) and virtual currencies. дальше »
2019-7-19 23:34 | |
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Dollar is ready to collapse, it is withdrawn in Bitcoin (BTC)
The first reserve currency in the near future will depreciate – said Bank of America, analyzing the statements, intentions and decisions of Donald Trump. Citing the Big Mac Index, recently published by The Economist, the bank notes that the dollar is significantly overvalued to other currencies. For example, to the euro – by almost 20%, […] дальше »
2019-7-17 15:39 | |
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IMF: Stablecoins Could Surpass Traditional Form of Money
A new IMF paper has said that bank and cash deposits could be kicked to the curb by digital currencies and especially stablecoins. The post IMF: Stablecoins Could Surpass Traditional Form of Money appeared first on Ethereum World News. дальше »
2019-7-17 12:41 | |
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Donald Trump: If Facebook wants to become a bank, they must be subjected to all banking regulations
U. S. President Donald Trump expressed his views on cryptocurrencies, saying that not only was he “not a fan” of Bitcoin, he also believes Facebook’s Libra will have little standing or dependability when launched. дальше »
2019-7-13 03:47 | |
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Bitcoin's Use Case for Payments Strengthens with Lightning-Powered App
Fed Chairman Jerome Powell believes that bitcoin's primary use case is as a store of value, not payments. He said yesterday, "almost no one uses bitcoin for payments. " That could be about to change. дальше »
2019-7-12 21:00 | |
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China Issuing Digital Currency ‘Will Drive Bitcoin Adoption’
Bitcoin proponents predict that China’s decision to create its own digital currency will ironically drive massive BTC adoption. China: Libra Dollar Peg Would Harm Sovereignty As various media outlets including South China Morning Post (SCMP) reported July 8, China’s central bank said it was already in the process of building the digital token. дальше »
2019-7-9 17:00 | |
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China’s central bank is developing a state-run cryptocurrency in response to Facebook’s Libra
China’s central bank is creating its own cryptocurrency in response to Facebook’s Libra, said Wang Xin, director of the People’s Bank of China’s (PBOC) research bureau. Reasoning behind China’s hostility towards cryptocurrency China’s stance towards Bitcoin, and cryptocurrency in general, has been hostile—and understandably so. дальше »
2019-7-9 03:12 | |
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European Central Bank Executive Calls For Speedy Regulations to Govern Facebook’s Libra
European Central Bank Executive Board member Benoit Coeure has said that financial regulators across the world must move fast in preparation for the planned Libra’s entry into the financial system, Bloomberg reports. дальше »
2019-7-8 17:32 | |
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Moonday Mornings: Bitcoin hash rate pumps while Iran says trading is illegal
Hello and welcome to another Monday and with that, another Moonday Morning – where we take a look at the weekend’s top cryptocurrency and blockchain news. Here’s Hard Fork’s selection of last weekend’s top stories: 1. дальше »
2019-7-8 12:27 | |
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Bitcoin Trading is Illegal in Iran, Says Central Bank Deputy Governor
Holding, selling, and purchasing of bitcoin are illegal in Iran, an official with the central bank told Tasnim News. Deputy governor for new technologies, Mr. Nasser Hakimi, said on Monday that the Supreme Council on Countering Money Laundering had banned bitcoin trading. дальше »
2019-7-8 12:03 | |
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India claims its Aadhaar push is for the ‘good’ of people despite serious privacy concerns
Last year, India’s top court ruled that the central government’s national identification system – Aadhaar – doesn’t violate the privacy of citizens. Now, there are three major developments on this front that might put privacy activists on high alert. дальше »
2019-7-5 16:08 | |
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Maduro orders Venezuelan bank to sell Petro cryptocurrency in latest pump attempt
Venezuela’s President Nicolas Maduro has ordered that every branch of the Banco de Venezuela should allow citizens to buy and trade El Petro, the state-issued cryptocurrency he’s so intent on pursuing. дальше »
2019-7-5 13:54 | |
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