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Time limit for enacting Indian Central Bank’s ban on crypto dealings expires
The Supreme Court had also ruled earlier this week not to grant interim relief to those affected by the upcoming ban. If an Indian citizen wants to exchange crypto to fiat, then they will need to then use marketplace exchanges. дальше »
2018-7-6 00:23 | |
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The head of the Bank for International Settlements (BIS) continued the institution’s critical stance on cryptocurrency, saying it “cannot assume the functions of money,” BIS reports July 4.
The head of the Bank for International Settlements (BIS) continued the institution’s critical stance on cryptocurrency, saying it “cannot assume the functions of money,” BIS reports July 4. Speaking to Swiss newspaper Basler Zeitung last week, subsequently published by BIS itself, general manager Agustin Carstens cautioned “young people” against “trying to create money,” drawing comparisons дальше »
2018-7-5 16:55 | |
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India Bitcoin Bank Ban in Effect July 5 After Supreme Court Decision
India’s Supreme Court has refused to extend a grace period allowing cryptocurrency entities to keep banking services beyond this week’s deadline set by the central bank. Exchanges Go P2P According to various media outlets, the Reserve Bank of India (RBI) will now succeed in implementing its ban on cryptocurrency business support on July 5. дальше »
2018-7-3 16:00 | |
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Chinese Bank PBoC Files Digital Wallet to Track Crypto Transactions Patent
China’s central bank, the so called People’s Bank of China, has presented a patent application for a wallet that consumers are able to use so as to track cryptocurrency transactions. The patent has been sent to China’s State Intellectual Property Office (SIPO) during the last week. In the last year, China has been one of […] дальше »
2018-6-30 09:27 | |
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Indian Exchange Zebpay Boosts Trading Support for 19 Cryptos Ahead of RBI Ban
Leading Indian cryptocurrency exchange Zebpay has added new cryptocurrencies to its crypto-to-crypto trading platform. The exchange now supports 19 cryptocurrencies and over 35 trading pairs, as it prepares for the banking ban by the country’s central bank to go into effect next week. дальше »
2018-6-30 01:30 | |
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As Drake Drops Scorpion Album, Big Sean Raps About Crypto in ‘Big Bank’
Canadian rapper Drake released his much-anticipated Scorpion album at midnight last night. Although none of the album’s 20 songs mention cryptocurrencies, Big Sean was spotted rapping about cryptocurrency on YG’s ‘Big Bank’, released earlier this week. дальше »
2018-6-30 23:05 | |
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Bahamas Centrak Bank set to unveil cryptocurrency pilot project
The Central Bank of the Bahamas is planning to introduce a government-backed pilot digital currency, Jamaica Observer reported June 22. Speaking at the Bahamas Blockchain and Cryptocurrency Conference earlier this week, Deputy Prime Minister and Minister of Finance of the Bahamas, K Peter Turnquest, made the announcement, saying that the development of a fully digital дальше »
2018-6-23 05:52 | |
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The American Federal Reserve Cryptochoranti Index introduces
News This week the Federal Reserve Bank of St. Louis added cryptocurrency to their Federal Reserve Economic Data (FRED) database. Also read: Troll Slayer: Derek Magill Defends Peer-to-Peer Electronic Cash Against Defamation Federal Reserve Bank of St. дальше »
2018-6-22 19:20 | |
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US Federal Reserve Launches Cryptocurrency Index
This week the Federal Reserve Bank of St. Louis added cryptocurrency to their Federal Reserve Economic Data (FRED) database. It’s a seemingly small gesture, but one that signals to most observers crypto’s maturation, at least in the eyes of arguably the most important central banking institution in the world. дальше »
2018-6-22 17:42 | |
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Unofficial Report Confirms Tether’s Tokens Are Fully Backed by US Dollars
Tether Ltd. , which issues a stable coin allegedly tied to U. S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank deposits and assure investors that its cryptocurrency is backed by USD. дальше »
2018-6-21 23:05 | |
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Tether Insists Crypto Asset is Fully Backed
Tether has consistently denied this, but has not produced conclusive evidence that it is reserved 1-for-1. An academic paper released last week supported this view, and the Commodity Futures Trading Commission reportedly subpoenaed Bitfinex and Tether in December. дальше »
2018-6-20 21:09 | |
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Major Banks Dealing In Bitcoin
It was announced last week that two large Russian banks are building cryptocurrency portfolios for their biggest clients. Under the supervision of Bank of Russia, companies are beginning to offer customers and clients shares in a brand new fund that trades in six of the most popular cryptocurrencies available to trade on the market today. дальше »
2018-6-20 18:30 | |
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, the bank claims that using a blockchain to process the volume of retail payments made daily “could bring the internet to a halt.”.
As previously reported, the release precedes the organization’s full annual economic report, which will be published next week. In addition, the bank claims that using a blockchain to process the volume of retail payments made daily “could bring the internet to a halt. дальше »
2018-6-18 13:58 | |
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Bitcoin Could Break The Internet
This week, the Bank of International Settlements (BIS), a membership group of over 60 of the worlds central banks, based in Switzerland have recently published a report that explores cryptocurrencies from both a financial and sociological/cultural perspective. дальше »
2018-6-18 13:30 | |
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Ripple Powered Mobile App to Provide On-Demand Domestic Payments in Japan
The Japan Bank Consortium will release a groundbreaking smartphone application called “MoneyTap”— powered by Ripple’s blockchain technology — to allow customers of the bank consortium to settle transactions instantly, 24 hours a day, seven days a week. дальше »
2018-6-17 12:52 | |
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Don’t Cry! Argentina Gets The Largest IMF Bailout In History
Don’t cry! Argentina gets the largest IMF bailout in history. Market creep? Mortgage rates move from 3% to almost 5%. European Central Bank exercises painful political persuasion with Italy. Can Bank of Japan’s unlimited liquidity float the whole world? Thanks for listening to this week’s McAlvany Weekly Commentary. Q1 hedge fund letters, conference, scoops etc, […] дальше »
2018-6-14 18:09 | |
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Crypto Exchange Approved for Regulatory Sandbox License in Bahrain
A Dubai-based cryptocurrency exchange has reportedly become the first crypto exchange in the Middle East and North Africa (MENA) region to receive a regulatory sandbox license. The license was granted by the Central Bank of Bahrain and will take effect this week. дальше »
2018-6-14 05:10 | |
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