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India considers outlawing cryptocurrency use (but blockchain is still cool)
It seems India has no intention of slowing down its crusade against cryptocurrencies – but at least, it might be open to experimenting with distributed ledger tech. Following a meeting of the Financial Stability and Development Council (FSDC), the government is contemplating devising an appropriate legal framework to ban the use of cryptocurrency in India – and encourage experimenting with distributed ledgers instead. дальше »
2018-10-31 17:07 | |
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Visa CEO: We May Move To Adopt Crypto Assets
Amid Mastercard’s unexpected push for a patent outlining “fractional reserve” banking for crypto assets, the CEO of Visa has claimed that cryptocurrencies aren’t a pertinent threat to the stability of legacy financial systems. дальше »
2018-10-26 14:07 | |
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini
Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it. дальше »
2018-10-24 19:38 | |
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Dogecoin Price Heads Back to $0.005 After Brief Dip
The interesting and peculiar trend affected all cryptocurrencies continues unabated. Even though there has been a lot of sideways trading momentum over the weekend, it seems things will continue for some time to come. дальше »
2018-10-21 11:13 | |
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VeChain Price Stability Could Hint at Accumulation Before the Rise
A lot of cryptocurrencies are currently stuck in sideways trading momentum. After the past few days filled with both ups and downs, a bit of peace and quiet can be pretty significant. For VeChain, its value seems to remain relatively stable, albeit most people had expected a bigger push after yesterday’s announcement. дальше »
2018-10-18 14:38 | |
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FSB Releases Bullish Report on Cryptocurrencies
The Financial Stability Board (FSB), the international body that monitors the global financial system, published a report on October 10, 2018, titled “Crypto-asset markets: Potential channels for future financial stability implications. дальше »
2018-10-13 21:00 | |
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Bitcoin Not A Threat To The Financial Sector- Financial Stability Board Says
“Bringing a complex and fast evolving area like cryptocurrencies into a regulatory framework is going to be a difficult and lengthy process. ” Those were the words of James Kaufmann the Legal Director of a UK based law firm, RPC. дальше »
2018-10-12 23:31 | |
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For Ukrainians, Bitcoin Could be the only road to Economic Freedom and Stability
Countries in times of strife have been turning to Bitcoin and other cryptocurrencies in hopes of finding economic refuge in the new technology. Venezuela and Turkey are examples of countries that faced economic and political turmoil and turned to cryptocurrency in different ways as a possible remedy to their woes. дальше »
2018-10-11 22:37 | |
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FSB: Crypto-Assets Not a Threat to Global Financial Order
Cryptocurrencies do not pose a threat to global financial stability, but the diverse range of national regulatory regimes throughout the world continues to complicate efforts to establish an international legislative framework overseeing their use, the Financial Stability Board says in a new report. дальше »
2018-10-11 22:30 | |
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Global Financial Stability Board: “Vigilant Monitoring” of Crypto Assets Needed
The global Financial Stability Board has released a report focusing on cryptocurrencies such a Bitcoin and Ether earlier today. During the document, the group stated that the fintech phenomenon does not yet pose a risk to financial stability, but careful monitoring of the space is required. дальше »
2018-10-11 22:15 | |
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Cryptocurrency Market Stability Hints At Institutional Investor Accumulation Possibility
Investors in the cryptocurrency market are waiting for a new bull run after a market in which most virtual currencies lost between 65% and 95%. However, the stability that the markets are experiencing in the last weeks can be related to institutions and wealthy investors accumulating cryptocurrencies. During the last months, there has been an […] дальше »
2018-10-8 07:24 | |
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In Search of Stability: An Overview of the Budding Stablecoin Ecosystem
Stability. The word seems to be at complete odds with the current nature of the crypto market. With its flagship coin having “died” on hundreds of occasions, volatility and meteoric price swings have come to define cryptocurrencies, as price stability, ever-elusive, is in short supply. дальше »
2018-10-3 19:05 | |
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BIS Backtracks in New Report: Cryptocurrencies ‘Do Not Pose a Global Financial Stability Risk’
The Bank of International Settlements (BIS) has issued a new report, outlining that cryptocurrencies, at the given moment, do not pose a global financial stability risk, directly contradicting previous statements made earlier this year by this ‘central bank of central banks. дальше »
2018-9-24 22:00 | |
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China’s ‘Bitcoin Girl’ Documentary Shows Challenges Of Bitcoin Use
It’s been a year since China banned Bitcoin and cryptocurrency exchanges as well as initial coin offerings (ICOs) in the populous country of 1. 4 billion. The government isn’t relenting in its anti-crypto drive, either. дальше »
2018-9-20 23:00 | |
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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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Price Watch: Bitcoin and Ethereum Remain Steady
Institutional solutions to investment and increasing stability in the overall cryptocurrency market are revealing a shifting landscape in the sector. Bitcoin and Ethereum prices have seen record-low volatility in August, and at press time, 94 of the top 100 cryptocurrencies are in the green. дальше »
2018-9-1 22:52 | |
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China’s Cryptocurrency Crackdown on Promo Events Extends Beyond the Beijing Capital to Guangzhou
The Guangzhou Development District, established in the 1980s as a special economic zone in Southern China, issued a notice on Aug 24 banning any events that promote cryptocurrencies. The ban came amidst China’s clampdown on cryptocurrencies throughout the nation. дальше »
2018-8-30 18:04 | |
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Bitcoinist Partners With Cryptocurrency Lending Platform INLOCK
INLOCK, a lending platform for cryptocurrency holders, has partnered with Bitcoinist to help educate the public on the spendability problem and how crypto-collateralized loans can add stability to the global economy. дальше »
2018-8-23 22:30 | |
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The Case for Stablecoins: A Much-Needed Asset Class or the Worst Crypto Idea?
The case of cryptocurrencies’ global relevance remains a moot point given its wildly volatile nature, an aspect which has spurred a billion dollar crypto-exchange market. However, some entrepreneurs and companies are determined to bring needful price stability to the digital asset market. дальше »
2018-8-22 11:00 | |
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Wyre Adds MakerDAO Stablecoin Pairing for Global Money Transfers
Blockchain money transfer company Wyre has announced a partnership with MakerDAO, creator of the Dai stablecoin, to offer Dai as part of a fiat-crypto trading pair in more than 30 countries across the world including the U. дальше »
2018-8-15 00:54 | |
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Crypto Startup Taps Larry King in Shared Effort to Combat Climate Change
In a message on GEAR Token’s website, iconic political talk show host Larry King says that global climate change is threatening humanity’s existence and is “a potentially catastrophic issue from the combustion of fossil fuels . дальше »
2018-8-13 18:08 | |
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GoldMint Stablecoin, A Blockchain CryptoAsset Token, To Offer Reliable And Transparent Benefits
There’s a new cryptocurrency created by Goldmint, a subsidiary of Goldman Sachs, and it is bringing stability back to the cryptocurrency industry. Cryptocurrencies are known for the volatility, meaning they're completely unstable, Sachs is looking to change things with Stablecoin, make a coin with a stable exchange rate. The purpose is to have the coin […] дальше »
2018-8-6 16:01 | |
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G20 Summit Has No Progress For Crypto Regulation But Money Laundering A Main Focus
“Cryptocurrencies can bring significant advantages to the traditional economy and do not pose a global risk to financial stability. ” This was the general sentiment when the Finance Ministers and Central Bank Governors of the world’s largest economies spoke about cryptocurrency in the G20 conference. дальше »
2018-7-28 13:58 | |
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Mastercard CEO Calls Crypto “Junk” for Lack of Transparency and Stability
The president and CEO of Mastercard has called cryptocurrencies “junk,” arguing that they don’t deserve to be considered as a medium of exchange. Ajay Banga was making his comments at the New India Lecture organized by the Indian Consulate in New York in partnership with the U. дальше »
2018-7-26 21:30 | |
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G20 Adopts FSB Recommendation on Cryptocurrencies, Cryptocurrency is Not a Threat to Global Financial System
The G20, yesterday, adopted the recommendation of the Financial Services Board (FSB) by declaring that cryptocurrency posed no threat to the stability of the global financial system. The G20 also reiterated the need for better monitoring of the market to prevent the use of virtual assets in financial crimes and sponsorship of terrorism. G20 Adopts […] дальше »
2018-7-24 09:28 | |
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G20 Adopts FSB Recommendation on Cryptocurrencies, Cryptocurrency is Not a Threat to Global Financial System
The G20, yesterday, adopted the recommendation of the Financial Services Board (FSB) by declaring that cryptocurrency posed no threat to the stability of the global financial system. The G20 also reiterated the need for better monitoring of the market to prevent the use of virtual assets in financial crimes and sponsorship of terrorism. дальше »
2018-7-24 23:40 | |
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G20 Asks FATF to Clarify AML Standards for Cryptocurrencies
Financial ministers and central bankers from the G20 states met over the weekend in Argentina to discuss the challenges for the global economy. They reiterated their position that cryptocurrencies do not pose a risk to the financial stability. дальше »
2018-7-24 21:40 | |
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G20: Cryptocurrencies are okay, blockchains are great, and money laundering is still a problem
G20 – an international economic consortium with 20 member states including China, France, Germany, Argentina, and Canada – has announced it believes cryptocurrencies pose no significant risk to global financial stability… but they could lead to a series of money laundering violations. дальше »
2018-7-23 19:57 | |
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G20 Calls for Cryptocurrency Vigilance, Eyes October 2018 Deadline for Standardized AML Monitoring
The G20 says cryptocurrencies do not pose a threat to the global financial system. Notwithstanding, the G20 wishes to maintain a careful observance of the emerging market to preventing its use in illicit financial activities. дальше »
2018-7-23 12:32 | |
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Japan May Play Leading Role in G20’s Crypto Regulatory Stance
Despite gaining legitimacy in the eyes of many more individuals across the world, cryptocurrencies are still a contested topic within regulatory circles, especially with the regulatory bodies of developed countries. дальше »
2018-7-23 12:30 | |
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Ukrainian Authorities Agree to Regulate Bitcoin and Other Cryptocurrencies as Financial Instruments
In spite of the vibrant nature of the Ukrainian cryptosphere, digital currencies remain unregulated in the region. However, the situation is finally about to change for the better. The head of the National Securities and Stock Market Commission (NSSMC), Timur Khromaev, announced on Facebook on July 20, 2018, that the country’s Financial Stability Council has thrown its weight behind the. дальше »
2018-7-22 03:00 | |
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The Ukraine Financial Stability Council supports the Kriptokorons company’s regulatory conception
The Financial Stability Council of Ukraine has supported a concept for crypto regulations, Timur Khromaev, head of the National Securities and Stock Market Commission (SSMCS) reported in a Facebook post July 20. дальше »
2018-7-21 09:26 | |
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Ukrainian Financial Stability Council Supports Regulatory Concept for Cryptocurrencies
The Financial Stability Council of Ukraine supported a regulatory concept of crypto regulation that involves recognizing cryptocurrencies as a financial instrument
дальше »2018-7-21 06:22 | |
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Ukraine’s Financial Stability Council Supports Crypto Regulatory Concept
Ukraine has taken a positive step towards legalizing cryptocurrencies. A new regulatory concept, one that recognizes coins and tokens as financial instruments, has won support from the members of the country’s Financial Stability Council. дальше »
2018-7-21 02:10 | |
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Framework Vigilant Monitoring of Crypto Risks Revealed by FSB
Risks related to cryptocurrencies do not pose a serious threat to global financial stability at the moment. However, the Financial Stability Board (FSB), the international organization established by the G20 to monitor the worldwide financial system, does not want to get caught unprepared. дальше »
2018-7-20 16:04 | |
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New Fed Chairman Dismisses Crypto As No “Significant Risk” To The Current Financial System
Head of the Federal Reserve, Jerome Powell on Wednesday in responding to a US federal Committee said that cryptocurrencies did not pose a “significant risk” to the stability of the current financial system. дальше »
2018-7-20 10:06 | |
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Financial Stability Is the Focus of New FSB Monitoring Framework
Cryptocurrencies are getting more attention every day, it seems, as the Financial Stability Board (FSB) announced on Monday that it had put together a standardized framework with which to monitor cryptocurrency assets. дальше »
2018-7-19 18:00 | |
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Fed Sir: Crypto No Intrins Value, Value is not a store, great for money laundering
In his view, cryptocurrencies have no intrinsic value, are not used often as a means of payment, are not a store of value, but are great for money laundering. He also dismisses the idea that cryptocurrencies could pose a significant risk to the country’s financial stability at their current size. U.S. Representative and vice-chairman of дальше »
2018-7-19 17:07 | |
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Global Regulators “FSB” Announce Cryptocurrencies Are Being Monitored
The regulators behind G20, the Financial Stability Board (FSB) have begun research on cryptocurrencies and their potential effects on the overall global economy. This comes months after the G20 meeting, in which a compromise was reached amongst different regulators and marketplaces. дальше »
2018-7-18 12:00 | |
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Cryptocurrencies Pose No Threat to Global Finance but Require Vigilant Monitoring, Says FSB
In a press release issued on July 16 via its website, the Financial Stability Board (FSB) announced that cryptocurrencies do not pose a threat to the global financial system. FSB Partners with CPMI to Monitor Cryptocurrencies The purpose of the announcement was to apprise the G20 Finance Ministers and Central Bank Governors of the FSB’s activities concerning the emerging cryptocurrency industry. дальше »
2018-7-17 15:00 | |
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Financial Stability Board Unveils Cryptocurrency-Monitoring Framework, Cryptocurrencies Not Considered a Danger to Global Financial System
The Financial Stability Board (FSB) has unveiled its monitoring framework for cryptocurrencies. The FSB framework comes as the Finance Ministers and Central Bank Governors of the G20 member nations head for a summit in Buenos Aires, Argentina. дальше »
2018-7-17 09:27 | |
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G20 Watchdog Unveils Framework to Monitor Crypto
A framework has been developed for the G20 countries to “monitor the financial stability implications of crypto-assets markets. ” The Financial Stability Board says cryptocurrencies “do not pose a material risk to global financial stability” but supports their “vigilant monitoring. дальше »
2018-7-17 02:55 | |
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Financial Stability Board Unveils Cryptocurrency-Monitoring Framework, Cryptocurrencies Not Considered a Danger to Global Financial System
The Financial Stability Board (FSB) has unveiled its monitoring framework for cryptocurrencies. The FSB framework comes as the Finance Ministers and Central Bank Governors of the G20 member nations head for a summit in Buenos Aires, Argentina. дальше »
2018-7-17 23:54 | |
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What Is MakerDAO? An Interview with Rune Christensen
MakerDAO is a stability platform comprised of a stablecoin, a governance coin, and a decentralized governance model. Stablecoins are a potential solution to the volatility of cryptocurrencies, allowing for wider adoption. дальше »
2018-7-1 17:00 | |
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U.K. Banks Warned to Be Careful With Cryptocurrencies
The Bank of England has warned U. K. lenders to study cryptocurrencies before doing business in the space. In a letter sent out to the financial institutions in the country yesterday, the Bank of England Deputy Governor Sam Woods warned financial companies to take appropriate steps to protect themselves against "exposure to crypto-assets" which he believes are susceptible to "fraud and manipulation, as well as money-laundering and terrorist financing risks. дальше »
2018-6-29 18:17 | |
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TRON Price: Sharks are Looking to Push the Value Below $0.035
It has not been a good week for cryptocurrencies. The way things look right now, the coming weekend won’t offer much of a relief in this regard. Judging by the current momentum, the TRON price will struggle for stability. дальше »
2018-6-29 15:34 | |
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KIEL Sees the Potential of Central Bank Digital Currency To Bring Stability
The report goes to mention that unlike cryptocurrencies, CBDC's could ensure financial stability and be used for exchange instead of just mere speculation. The post KIEL Sees the Potential of Central Bank Digital Currency To Bring Stability appeared first on CoinSpeaker. дальше »
2018-6-28 12:28 | |
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Monero’s Price Gains May Not Guarantee Market Stability
Interestingly enough, most people tend to overlook the Monero price in this regard. Monero Price Surge is Surprising For one of the top cryptocurrencies with perhaps the lowest trading volume of the top 15, the Monero price is doing surprisingly well. дальше »
2018-6-26 00:21 | |
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