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Former PBoC Governor: Digital Currency to Be Used for Retail and Remittance
Zhou Xiaochuan, former governor of the People’s Bank of China (PBoC), believes that digital currency and blockchain should continue to be a focus for China moving forward, citing the use of the coins for domestic retail transactions as well as remittance payments. дальше »
2019-11-27 03:00 | |
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Binance Supports New Fiat Onramp to Buy Crypto Assets with the Indian Rupee via WazirX
Binance can now purchase Bitcoin (BTC) and other cryptocurrencies through Rupee bank transfers that are powered by WazirX, the Indian digital exchange for assets. Not banned in the country, people in India still find it difficult to trade and buy Bitcoin because banks don’t have the green light to work with crypto exchanges and companies. […] дальше »
2019-11-27 01:31 | |
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Ex-China Central Bank Governor Talks About Upcoming Digital Yuan and Its Benefits
The current president of the Chinese Finance Association, Zhou Xiaochuan, has recently talked about the upcoming digital yuan. According to the economist, who has worked as the former head of the People’s Bank of China, the country’s central bank, China will continue on its path to create a digital yuan to be used for both […] дальше »
2019-11-27 00:51 | |
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BNY Mellon joins Marco Polo Trade Consortium Running on R3’s Corda Blockchain
Bank of New York (BNY) Mellon, an asset management firm with over $373 billion worth of assets under its watch is currently testing the Marco Polo's trade consortium which works on R3's Corda blockchain with an aim of onboarding the client's interest. дальше »
2019-11-26 21:02 | |
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Former People’s Bank of China Chairman Outlines 3 Use Cases for the Digital Yuan
Zhou Xiaochuan, the former Chairman of the People’s Bank of China, told reporters that implementation of the digital Yuan would involve a multi-step process. He recently outlined three key areas where the digital Yuan will find its most immediate use case. дальше »
2019-11-27 20:18 | |
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Bitcoin Remittance Pipeline Setup For Lebanon Amid Dollar Shortage and Tense Standoff
Lebanon is facing a banking crisis of such severity a judge had to order a bank to release deposited funds. “The [Lebanese] economy doesn’t rely on the local currency, the... The post Bitcoin Remittance Pipeline Setup For Lebanon Amid Dollar Shortage and Tense Standoff appeared first on Trustnodes. дальше »
2019-11-27 20:06 | |
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Former French Central Bank Exec Calls for more Blockchain Integration
In a bid to transform the French financial industry, Denis Beau, the First Deputy Governor of the Bank of France, proposed the use of blockchain technology in euro payment settlements within the Eurozone whilst at the Second Annual Capital Markets Technology and Innovation Conference, according to an Econotimes report, November 26, 2019. дальше »
2019-11-26 16:00 | |
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Bitcoin plunges amidst China crypto crackdown
An announcement from China’s central bank has sent a chill through the cryptocurrency markets, suggesting bullish investors overreacted to President Xi's recent speech encouraging blockchain development. дальше »
2019-11-27 14:05 | |
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European Central Bank now investigating CBDCs to bolster central bank money
The European Central Bank [ECB] is actually considering a central bank digital currency, with the ECB now seeking a pan-European approach towards creating a true pan-European retail payment solution. дальше »
2019-11-26 12:50 | |
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What is Bitcoin?
This simple explanation for your six-year-old may help you if you still can’t figure out what the heck a bitcoin is. What is bitcoin? Bitcoin is a decentralised virtual currency. This means neither does it exist in the physical world, nor does it have a central bank that issues it. дальше »
2019-11-26 02:19 | |
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Banque De France Calls for An Embrace of Blockchain Financial Solutions In The Euro-System
The Central Bank of France is pushing for a blockchain-powered settlement system in the European region for quick and cost-effective euro transfers. Dennis Beau, the Deputy Governor, spoke in support of the Distributed Ledger Technology during a speech on Thursday, November 21. дальше »
2019-11-26 01:54 | |
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A Blockchain-Based Excise System Promises Efficiency to Thailand’s Oil Industry
Blockchains are being used across the world for their ability to serve as a robust accounting ledger that can be shared and distributed in real-time across the world. According to the Bangkok Post, the Thai excise department is in talks with Krungthai Bank (KTB) to launch a blockchain-enabled system to make the tax payment andRead MoreRead More. дальше »
2019-11-26 00:00 | |
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Tax Refund System by Excise Department in Thailand to Use Blockchain
The Excise Department is working with Krungthai Bank to develop a blockchain-based tax refund system. This department is also seeking ways to integrate blockchain technology in the tobacco, liquor, and other industries. дальше »
2019-11-26 22:24 | |
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Chinese government shuts down 173 crypto exchanges and token issuers
Almost 200 cryptocurrency exchanges and token issuing platforms have been shut down. According to the People’s Bank of China’s (PBoC) financial report, the country will continue to crack down on “unlicensed payment” businesses, which include online lending institutions and other financial companies operating on the internet. дальше »
2019-11-26 22:15 | |
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TransferGo Partners With Ripple to Offer Global Real-Time Payments Everywhere to Everyone
In 2018, TransferGo partnered with Ripple on a program to help Indian migrant workers send money home to their families faster than ever. Today, the company can transfer funds from a sender in Europe to a recipient bank account in India in just a few minutes. дальше »
2019-11-26 22:04 | |
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Bitcoin Whale Defies Traditional Finance, Moves $310 Million with $0.32 Fee
A Bitcoin whale has moved a colossal 44,000 ($310,280,282) BTC from one untracked wallet to another for a fee that is considered pocket change to the developed world, according to TheNextWeb, November 24, 2019. дальше »
2019-11-26 21:00 | |
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People’s Bank of China and Related Parties to Monitor and “Clean-Up” Crypto-Related Businesses Within the Jurisdiction
On Friday, November 22, 2019, China’s central bank, People’s Bank of China released an announcement that it will be monitoring crypto businesses. It has been disclosed that the “clean-up” will continue since their previous one in 2017. дальше »
2019-11-25 18:29 | |
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Chinese Regulators Reportedly Shut 173 Cryptocurrency Exchanges in the Country; Paves way for CBDC
Twitter handle @cnLedger on November 25, 2019, quoted the People’s Bank of China’s (PBoC) newly released China Financial Stability Report 2019, where the apex bank stated that the Chinese regulators had clamped down on 173 cryptocurrency trading and token issuing platforms in the country. дальше »
2019-11-25 18:05 | |
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China Shuts Down 173 Cryptocurrency Exchanges and Token-Issuing Platforms
China has reportedly shut down all cryptocurrency exchanges operating within the country, according to a Twitter update from Chinese blockchain outlet CnLedger. CnLedger quoted the People’s Bank of China (PBoC) Financial Stability Report (2019), stating that “the 173 Chinese virtual-currency trading and token issuing platforms have all exited without risk. дальше »
2019-11-25 16:06 | |
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JPMorgan’s Automotive Subsidiary Taps Blockchain Technology for Vehicle Tracking
Chase Auto, the car financing subsidiary of JPMorgan Chase, the largest bank in the United States, has submitted a patent application to use a blockchain-based system in tracking the inventory offered to its car dealers, thereby eliminating any inefficiencies in auditing a car dealer’s inventory, reports Pymnts, November 24, 2019. дальше »
2019-11-25 14:00 | |
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Внезапно: История последнего и следующего кризиса доллара — часть 8
Сегодня мы хотим поделиться с вами завершающей статьёй из серии, посвящённой Биткойну и его свойствам. Возможно, сегодняшний текст будет не столько о Биткойне, сколько в целом о мире финансов. Кроме того, в этом материале будет представлено достаточно интересное исследование Паркера Льюиса, который на момент последнего финансового кризиса работал аналитиком в Deutsche Bank, а ныне является […] дальше »
2019-11-25 09:02 | |
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Bitcoin Price Headed For $20k – $25k Zone Next Year: Analyst
The crypto market has been a disappointment lately. Lackluster bitcoin price action has intensified overall selling activity. But things are in for a welcome change, as BTC is expected to explode next year. дальше »
2019-11-24 22:18 | |
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A Few Benefits for Bitcoin Beginners to Appreciate
If you are considering entering the crypto universe or if you’ve only recently made your first investment, you might still be exploring the benefits of bitcoin as opposed to your credit card, online bank account or digital wallet you are used to. дальше »
2019-11-24 02:21 | |
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Oman Sees First Trade Finance Transaction on Blockchain
Oman Oil and Orpic Group and HSBC Bank Oman SAOG carry out the country’s first blockchain trade finance transaction
дальше »2019-11-24 21:54 | |
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Morocco Deploys the Blockchain Technology To Improve Its Financing Sector
Morocco is planning to boost its financial sector in the country through the deployment of blockchain technology. The Governor of the Central Bank of Morocco, Abdellatif Jouahri, announced during the Africa Blockchain Summit in Rabat that the country is in the process of applying technology to improve financial services. The implementation of this fintech project […] дальше »
2019-11-23 18:49 | |
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Bitcoin Whale Moves 47,000 BTC ($338 Million) as China Cracks Down on Crypto
China’s recent crackdown on cryptocurrencies may have caused Bitcoin whales to move huge quantities of BTC. China’s recent praises of blockchain technology do not seem to extend to Bitcoin and cryptocurrencies, as the country’s central bank launched another crackdown on crypto. дальше »
2019-11-23 16:00 | |
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Компании из Саудовской Аравии и Бахрейна провели транзакцию на блокчейне
Производитель алюминия Aluminium Bahrain и Altaiseer Aluminium Corporation (TALCO) выполнили транзакцию на блокчейне при участии HSBC и Saudi British Bank. Обе компании подтвердили успешное проведение транзакции и считают, что блокчейн может вывести международную торговлю на принципиально новый уровень, обеспечив эффективность, безопасность и прозрачность сделок, а также усовершенствовав традиционную систему ведения бизнеса. Как заявила корпорация TALCO, […] дальше »
2019-11-23 15:42 | |
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Crypto Worth $6.7 Million Seized from Kiwi Programmer
During a movie piracy setup crackdown, Hamilton Police seized $6. 7 million in cryptocurrency from a software programmer. According to recent reports, law enforcement officers in Hamilton, New Zealand successfully arrested a 31-year old programmer and movie pirate Jaron David McIvor. дальше »
2019-11-23 15:30 | |
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A Swedish Digital Currency is Necessary, Central Bank Governor Claims
It has been rumored for some time now how some countries will go cashless. Swedish officials want to take this one step further by creating a national digital currency. More details regarding this potential venture were outlined by the Swedish Central Bank Governor this week, A Swedish Digital Currency Seems Viable This individual sees a […] The post A Swedish Digital Currency is Necessary, Central Bank Governor Claims appeared first on NullTX. дальше »
2019-11-23 02:00 | |
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$4.3 Million in Cryptocurrency Seized from New Zealand Digital Pirate
A man suspected of online piracy has had almost US$4. 3 million in cryptocurrency seized by authorities in New Zealand. Police also seized a further $700,000 in bank funds. The funds were restrained by the Criminal Proceeds Recovery act. дальше »
2019-11-23 01:00 | |
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Sweden Central Bank Lays Down its Six Steps to Successfully Implement Digital Currency
During a recent panel discussion, Stefan Ingves, the Governor of Sweden’s central bank, Sveriges Riksbank, laid out a six-step plan for the introduction of is central bank digital currency. The first issue in this plan is that both large value and retail payments must be settled in the central bank digital currency anywhere around the […] дальше »
2019-11-22 21:08 | |
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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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Swedish Central Bank Outlines 6-Step Digital Currency Plan
Sweden’s Central Bank Governor has outlined a six-step plan on how the state bank can implement its own digital currency. He outlined a checklist that needs to be completed before the idea is fully implemented. дальше »
2019-11-22 18:03 | |
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China Vows ‘Immediate Disposal’ of Crypto Exchanges As Bitcoin Plummets
The Peoples Bank of China (PBOC) has reiterated its position on crypto trading, vowing the immediate disposal of cryptocurrency exchanges. The post China Vows ‘Immediate Disposal’ of Crypto Exchanges As Bitcoin Plummets appeared first on CCN.com дальше »
2019-11-22 15:54 | |
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Cryptocurrency Regulations Tighten as People’s Bank of China Further Restricts Trading
The People’s Bank of China head office has just made a new regulatory update which clarifies the legal situation for cryptocurrency trading in the country. China is pushing its policy of ‘blockchain, not cryptocurrencies’ to the extreme with a fresh round of regulatory stipulations for the industry. дальше »
2019-11-22 15:26 | |
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Blockchain Commercialization to Arrive in 2020, Claims HSBC Innovation Lead
The Global Commercial Banking Growth and Innovation Blockchain Lead of British multinational bank HSBC, Joshua Kroeker, has stated that he expects blockchain to be commercialized at an enterprise level in 2020. дальше »
2019-11-22 14:59 | |
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Silvergate Bank запустит лендинговые и кастодиальные сервисы после выхода на NYSE
Дружественный к биткоину Silvergate Bank направит привлеченные в ходе IPO средства на расширение линейки криптовалютных продуктов, сообщает CoinDesk. CEO компании Алан Лэйн заявил, что новый капитал будет использован для максимального удовлетворения спроса со стороны институционалов, требующих инновационные лендинговые и кастодиальные решения. дальше »
2019-11-22 13:11 | |
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Chinese Central Bank Confirms Anti-Crypto Sentiment: Blockchain, Not Bitcoin
The Shanghai branch of the People’s Bank of China has just commented on crypto yet again. According to the announcement, published on Friday, the branch of the Chinese central bank has observed a resurgence in cryptocurrency-related speculation through ICOs, IEOs, STOs, and other capital-raising/token distribution methods. дальше »
2019-11-22 12:35 | |
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South Africa’s FirstRand Bank Shuts Down Bitcoin Exchanges Accounts Due To Regulatory Uncertainty
FNB Bank, which is one of the ‘big five’ South African banks, has decided to shut down accounts owned by crypto exchanges in the country. However, the bank was quick to note that should the country implement clear-cut cryptocurrency regulations, it might reverse the policy. дальше »
2019-11-21 22:42 | |
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