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China Digital Currency ‘Progressing’, But Still No Launch Date
The People’s Bank of China recently published an update on the development of its national cryptocurrency, stating that it is ‘progressing smoothly. ’ Last week, China’s central bank held its annual work conference in Beijing, during which it touched upon numerous topics, one of which is its own CBDC. дальше »
2020-1-7 13:50 | |
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Telegram Attacks SEC, Bitmain Chaos, BTC ‘Easily’ $50K: Hodler’s Digest, Dec. 30–Jan. 5
In this first 2020 week’s Hodler’s Digest, why the European Central Bank wants its digital currency to have “unattractive interest rates,” and why millennials should thank Boomers
дальше »2020-1-6 02:47 | |
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Mnuchin Affirms $1.5 Trillion Unaccounted For, Still Demands Strict Bitcoin Regulation
U. S. Treasury Secretary Steven Mnuchin remarked last week that a reported $1. 5 trillion in missing cash — mostly one hundred dollar bills — was “sitting in bank vaults all over the world. дальше »
2019-12-23 19:20 | |
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ECB's digital Euro gives 'dystopian' vibes despite prioritising privacy
With China kicking off the race to build a central bank digital currency [CBDC] western rivals are joining in the race. Earlier in the week, the European Central Bank [ECB] released a report on the toThe post ECB's digital Euro gives 'dystopian' vibes despite prioritising privacy appeared first on AMBCrypto. дальше »
2019-12-21 15:30 | |
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SolarisBank Will Provide Custodial Digital Asset Services in Germany
Some surprising cryptocurrency news has come out of Germany this week. It now appears banks in the country prepare to embrace digital assets in every way possible. The first bank openly pledging support is SolarisBank. дальше »
2019-12-12 06:00 | |
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Crypto Tidbits: Deutsche Bank Gives Nod to Bitcoin, EOS to Host Social Media, France Digital Currency
Another week, another round of Crypto Tidbits. Bitcoin saw an effectively flat week, gaining 0. 08% over the past seven days according to Coin360. com. Altcoins have posted similar results, or rather, a lack of results, with a majority of cryptocurrencies posting gains or losses of a percent or two. дальше »
2019-12-8 22:35 | |
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Dow Plunges 890 Points as Market Volatility Spikes to Crisis Levels
The Dow and broader U. S. stock market hastened their declines Monday, with intraday volatility reaching its highest level in nearly eight years after the People's Bank of China effectively weaponized its exchange rate. дальше »
2019-8-6 22:03 | |
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Service Domain Provider, fTLD Registry, Set to Ban Crypto Firms from .bank and .insurance Extensions
Bank-led top level domain registry set to ban fintech firms including cryptocurrency companies from . bank and . insurance domains. fTLD releases the Registrant Eligibility Policy highlighting changes to domain registration Cryptocurrency firms set to miss out on . дальше »
2019-8-5 18:58 | |
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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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This is the Beginning of the End: Trump Yet Again Building a Bullish Ramp for Bitcoin
Trump pressuring the fed for the rate cuts before Wednesday meeting Cracks have begun to appear in the growing US economy Early signs of warning are showing, After Deutsche bank, Citibank to cut jobs This is rocket fuel for Bitcoin This week the Federal Reserve will most likely cut interest rates for the first time […] дальше »
2019-7-30 20:04 | |
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German Central Bank President Sees Hope For Libra
During the G7 meeting in France last week, Jens Weidmann, president of Bundesbank, Germany's central bank, came out in favor of Facebook's Libra project, noting that regulators should not work to suppress innovation before clarifying details can be provided. дальше »
2019-7-23 19:13 | |
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India May Ban Bitcoin And Cryptocurrencies Except ‘Digital Rupee’
India is preparing to do the impossible by banning cryptocurrencies such as Bitcoin in any form, a newly leaked document revealed this week. Alleged Draft Law ‘Prohibits’ Bitcoin & Crypto Uploaded to sharing site Scribd by local blockchain and tech lawyer, Varun Sethi, the document allegedly shows the preliminary text of a new law designed to “prohibit the use of cryptocurrency. дальше »
2019-7-16 19:00 | |
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Jamie, it Ain't Bitcoin: JP Morgan Involved in $1 Billion Cocaine Bust
JP Morgan boss Jamie Dimon once slammed bitcoin as fraud, saying it’s only useful “if you were a drug dealer [or] a murderer. ” So imagine his surprise when a ship owned by his bank was seized this week when authorities found $1. дальше »
2019-7-10 17:50 | |
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Who Are the Real Thieves? Danish Authorities Seize 3 Ferraris in Tax Evasion Crackdown
Last week Danish authorities seized three Ferraris belonging to a large Copenhagen-based business allegedly seeking to avoid VAT. With the largest bank in Denmark—Danske Bank—also being embroiled in a tax avoidance scandal last year, it seems timely to explore the common libertarian and voluntaryist idea of taxation as theft. дальше »
2019-7-8 17:00 | |
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Who Are the Real Thieves? Danish Authorities in Tax Evasion Crackdown
Last week Danish authorities seized three Ferraris belonging to a large Copenhagen-based business allegedly seeking to avoid VAT. With the largest bank in Denmark—Danske Bank—also being embroiled in a tax avoidance scandal last year, it seems timely to explore the common libertarian and voluntaryist idea of taxation as theft. дальше »
2019-7-9 17:00 | |
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XRP & XLM: Down Over 7% This Week, Gain Trading & Custody Support From Falcon Private Bank
Neither XRP nor XLM is doing any good price wise. Both were among the top losers of Q2 of 2019 and H1 2019. In the past seven days, both the cryptocurrencies have been in the red by more than 7 percent and down 90% from their all-time highs. Also, Falcon Private Bank introduced trading and […] дальше »
2019-7-6 18:30 | |
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Trump Prefers ECB’s Draghi as Fed Chair in Epic Powell Diss
President Donald Trump took a swipe at the Federal Reserve Chairman this week, saying Jerome Powell’s rush to raise interest rates hampered an economy that didn’t need tightening. Draghi, Not Powell Donald Trump said he would prefer the actions of European Central Bank President Mario Draghi – and wanted him as Fed Chairman instead – […] The post Trump Prefers ECB’s Draghi as Fed Chair in Epic Powell Diss appeared first on CCN Markets дальше »
2019-6-27 02:15 | |
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Has Facebook removed bank deposit currencies of USD, EUR, GBP, JPY from Libra’s whitepaper?
Facebook’s entry into the world of cryptocurrencies has been nothing short of sensational, with several crypto-proponents and mainstream players commenting on what could be the next big thing in the world of digital assets. дальше »
2019-6-26 19:30 | |
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Facebook’s Libra finds itself in the crosshairs of the Central Bank of Central Banks
It’s been a week since Facebook’s entry into the cryptocurrency and payments world was announced. Since then, a lot has happened. From the Libra lead, David Marcus, talking about shared internal governance control over the cryptocurrency, to the regulatory uncertainty the crypto may face with politicians around the world taking a shot at the it, […] The post Facebook’s Libra finds itself in the crosshairs of the Central Bank of Central Banks appeared first on AMBCrypto. дальше »
2019-6-24 09:55 | |
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Censorship Goes Global as Australian Bank Bans ‘Neo-Nazi’ Supremacist
By CCN Markets: One of Australia’s biggest banks this week announced they will be closing down the account of far-right activist Blair Cottrell on the 25th of July. Described by several media groups as a ‘neo-Nazi’, Cottrell posted proof of the closure via his Gab account. дальше »
2019-6-21 13:45 | |
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Venezuela Sets Bitcoin Trading Record With New Hyperinflated Banknotes
New currency reforms in Venezuela accompanied a decisive surge in Bitcoin trading this week, with informal markets setting new all-time highs. Bitcoin Boom As Central Bank Re-adds Zeros Data from monitoring resource Coin Dance reveals that in the seven days ending June 15, Venezuelans transacted over 46 billion sovereign bolivars (VES) on P2P Bitcoin exchange Localbitcoins. дальше »
2019-6-17 11:00 | |
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What Bitcoin Ban? Indian Central Bank Denies Involvement in Crypto Ban Bill
By CCN Markets: The Reserve Bank of India (RBI) has denied knowledge of a proposed bill which would see Bitcoin and crypto ownership in India made entirely illegal. Reports surfaced last week that lawmakers in India were working on legislation that could carry a 10-year prison sentence for anyone caught holding cryptocurrency. дальше »
2019-6-17 12:23 | |
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Banks and Big Businesses Scramble for Their Own Digital Cash
Last week Reuters reported that several of the world’s biggest banks have invested $50 million to “create a digital cash system to settle financial transactions”. It’s an on-going project, according to the report, involving the likes UBS, Credit Suisse, Barclays, and Deutsche Bank. дальше »
2019-6-12 13:00 | |
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Stellar Lumens [XLM] follows XRP into the Golden Cross; bank coins on a bullish rise or BTC playing anchor?
It looks like the “Bank Coins,” are finally joining the party, with Stellar Lumens [XLM] taking a page from the XRP book and realizing its own Golden Cross. Earlier this week, the third largest cryptocurrency in the market marked its bullish crossover, touted as the first inkling of a bull-run. дальше »
2019-6-2 08:00 | |
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ECB Official Bigs Up ‘Wholesale’ Central Bank Digital Currency, Disregards Bitcoin
By CCN: The Chairman of the Board of the Bank of Lithuania has spoken about the merits of central bank digital currencies. He has labeled them as a new, more efficient, offering from central banks across the globe. дальше »
2019-5-31 10:40 | |
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Thailand’s oldest bank hints at new blockchain app powered by Ripple
Thailand‘s oldest bank, Siam Commerical Bank (SCM), has hinted it will be experimenting with blockchain technology powered by Ripple. Earlier this week, rumors of its blockchain pilot surfaced online after eagle-eyed users took to Twitter to share images of what appears to be a Ripple-based app for cross-border transactions. дальше »
2019-5-23 16:43 | |
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China Unbans Bitcoin? ‘Occasional’ P2P Exchange is Legal, Says Lawyer
“Sporadic” P2P Bitcoin trading is likely legal in China, a senior lawyer told the national press in unusually optimistic comments this week. Keep Bitcoin Exchange ‘Occasional’ in China Speaking to BJ News, Sa Xiao, Council Member at the Bank of China Law Research Association, argued that China’s current regulation of virtual property includes the right to trade it as the owner sees fit. дальше »
2019-5-22 12:00 | |
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Abra Wallet Partners with Plaid App to Introduce Cryptocurrency Withdrawals Across the USA
A week of success in Abra! The non-custodial wallet introduces real digital asset withdrawals and partners with Plaid, a fintech firm allowing bank withdrawals of cryptocurrencies. Abra Multi-Currency Wallet Now Supports Numerous United States Banks In a bid to keep rendering the best services to its clients, mobile bitcoin wallet and Investment app, Abra, has […] дальше »
2019-5-10 19:01 | |
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‘Super Interesting’ Bitcoin Needs US Govt Backing Before We Support Crypto: Goldman Sachs
By CCN. com: Goldman Sachs is waiting to throw its hat in the cryptocurrency ring until the U. S. government gives the asset a thumbs-up, American Banker reports. At the DTCC conference this week, Martin Chavez, global co-head of the securities division at Goldman, outlined that we shouldn’t expect to see the investment bank get more involved with crypto until it has solid backing. дальше »
2019-5-1 22:20 | |
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Sit Down Avengers. Federal Reserve Saves the World in New Propaganda Comic
By CCN. com: The Federal Reserve released its latest educational comic book this week. “The Story of Monetary Policy” shows a world stabilized by a central bank through the eyes of an alien visitor who doesn’t understand things like “maximum employment. дальше »
2019-4-29 10:28 | |
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Wirecard and Softbank to Develop Digital Payments Solutions in Japan and South Korea Markets
Earlier this week, Wirecard AG reached an agreement with the Japan-based Softbank Group Corporation. The deal states that the bank will invest €900 million in Wirecard through a convertible bond mechanism. дальше »
2019-4-27 17:36 | |
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Five Years in the Making, Bisq Exchange Launches Its Bitcoin DAO
Decentralized autonomous organizations (DAOs) are one of crypto's more novel and ambitious applications — one that Bitcoin, until recently, has had nothing to do with. дальше »
2019-4-19 18:33 | |
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3 Central Bank Governors Toy with Adding Bitcoin Crypto Bonds Using Blockchain Technology
On April 17th, Asia Times reported on this week’s World Bank and International Monetary Fund (IMF) Spring Meetings. The meetings were held in Washington, DC, where it was revealed that Afghanistan, Tunisia, and Uzbekistan are all considering the introduction of a Bitcoin bond. дальше »
2019-4-17 23:27 | |
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3 Countries Tell IMF They Want To Issue Bitcoin Bonds
The governments of at least three countries have formally acknowledged their interest in issuing a sovereign Bitcoin bond to raise capital. Afghanistan, Tunisia, Uzbekistan And Bitcoin Asia Times originally reported the trend April 17 referencing recent statements at this week’s World Bank and International Monetary Fund (IMF) Spring Meetings held in Washington DC. дальше »
2019-4-17 17:00 | |
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Japan’s Biggest Bank Confirms Launch of Digital Currency ‘Coin’ in 2019
Following months of speculation about its proposed release date, Japan’s largest bank, Mitsubishi UFJ Financial Group Inc. has finally announced plans to launch its long-awaited in-house digital currency. дальше »
2019-4-13 13:22 | |
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Goldman Sachs CEO Kills the Rumor: ‘We Never Had Plans to Open a Crypto Desk’
Goldman Sachs is not opening an institutional crypto trading desk, despite rampant rumors suggesting otherwise. That’s what Goldman Sachs CEO David Solomon told the House Financial Services Committee this week. дальше »
2019-4-13 14:45 | |
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Moonday Mornings: Cryptocurrency market at 5-month high, Paxful under fire, and more
It’s Monday which means it’s time for a wrap-up of the weekends top cryptocurrency and blockchain headlines. Here’s Moonday Mornings for you. 1. The United Global Resolve For Peace is petitioning the Central Bank of Nigeria after thousands of the country’s residents claim to have been “defrauded” out of millions of dollars earned from trading cryptocurrencies on exchange service Paxful, The Guardian, a local Nigerian outlet reports. дальше »
2019-4-8 11:17 | |
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Sharding Startup Harmony Grabs $18 million to Create a Decentralized Blockchain Protocol
Nick White, co-founder of Harmony, expressed in an email to CoinDesk this week that the firm has raised $18 million for the sharding startup. The investment has been procured from many prominent sources which includes Consensus Capital Group of Silicon Valley, Bank Central Asia (BCA) Australia, Lemniscap VC of Hong Kong and UniValues Associates from […] дальше »
2019-4-5 10:23 | |
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Users Will Need A Bank Account To Use The New Bitcoin ATM’s From UnionBank
Users Will Need A Bank Account To Use The New Bitcoin ATM’s From UnionBank Users that want to use the new UnionBank (UBP) will need a bank account. UBP Is the seventh largest bank in the Philippines and it entered the cryptocurrency ATM market this week. If there is an interested customer in using these […] дальше »
2019-4-4 21:48 | |
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You’ll need a bank account to use UnionBank’s new Bitcoin ATM
UnionBank (UBP), the seventh largest bank in the Philippines officially got itself into the cryptocurrency game this week, but there’s a catch. Users will be required to use a UBP bank account to exchange funds to and from virtual currency. дальше »
2019-4-4 15:10 | |
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Facebook Will Rake in $10 Billion a Year from Instagram Checkout: Analyst
A major European investment bank says the Instagram Checkout feature which debuted last week will make Facebook $10 billion richer every year by 2021. The social media app’s new shopping cart is rolling out in beta with 23 top brands (like Nike, Adidas, Dior, and Prada). дальше »
2019-4-2 18:44 | |
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Bitcoin Cash (BCH) Mirrors, Bulls Likely to Reverse Nov-2018 Losses
Bitcoin Cash up 10. 6 percent in last week Opaque bank operations aid in money laundering Transaction volumes low averaging 30k according to CoinBase data For her bank involvement in a $151 billion money laundering scandal, Birgitte Bonnesen is no longer the CEO of Swedbank. дальше »
2019-3-30 22:00 | |
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Newly Launched Fund Bloc To Invest Up To €100M Into Blockchain, Tech Companies
Bloc, a new fund unveiled earlier this week, aims to raise EUR 100 million to invest in companies that use new technologies, in particular blockchain, to benefit the low- and middle-income populations in emerging markets. дальше »
2019-3-30 16:50 | |
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Anti-Bitcoin Banks Paid Over $243 Billion in Fines Since the Financial Crisis
Banks are quick to label Bitcoin the money of criminals. But banks fines since the financial crisis have totaled over $243 billion. Bitcoin fines? Zero. Isn’t it time for society to open its eyes? Banks Don’t Want to Work with Cryptocurrency Companies I tried to make a small purchase from a well-known cryptocurrency exchange earlier this week. дальше »
2019-3-28 01:00 | |
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Op Ed: With Bitcoin, Anarchy Is the Point, Not the Problem
Last week, there was a panel at SXSW that was effectively a debate on the merits of permissioned blockchains versus permissionless systems like Bitcoin. I listened to the entire audio of the panel discussion, after Programming Bitcoin author Jimmy Song tweeted it out the other day, and I thought he did an awesome job of pointing out the key value proposition of Bitcoin and why it is not worth comparing to permissioned systems. дальше »
2019-3-23 17:29 | |
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Central Banks Losing Control Over Markets? Europe’s Leading Policy Makers Throw in the Towel
The economic condition of Europe has been so dire that European Central Bank (ECB) had already reversed its monetary policy as admitted by ECB last week. Just recently we also reported how the chief economist of ECB shared that they create money out of thin air. дальше »
2019-3-16 02:21 | |
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After Multiple Issues With Privacy And Widespread Blackout, Would Anyone Trust A Facebook Bank?
After Multiple Issues With Privacy And Widespread Blackout This Week, Would Anyone Trust A Facebook Bank? Facebook is not known for having the best privacy efforts. Last year, they were seen by the federal court to deal with many issues related to the security of their platform, and the global service outage days ago did […] дальше »
2019-3-15 22:21 | |
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Breaking: Dow Bloodbath Could End as US-China Reach ‘Consensus’ on Crucial Trade Deal
Yi Gang, the governor of the People’s Bank of China, has said in a press conference on Sunday that the U. S. and China are close to establishing a currency deal, which could fuel trade talks and alleviate pressure on the Dow Jones. дальше »
2019-3-10 13:53 | |
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