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Detailed Analysis of China’s Central Bank Digital Currency
Earlier this month, China publicly confirmed that they have been working on a central bank digital currency (CBDC) and will look to roll out it sometime this year. Binance Research published a detailed review of the structure and issuance mechanism for the network and the underlying currency, August 28, 2019. дальше »
2019-8-29 13:00 | |
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PNC bank goes live with RippleNet; becomes first-ever American bank to use its services
PNC Financial Services Group, Inc. has gone live with RippleNet on August 29, becoming the first-ever American bank to process cross-border payments, reported FintechFutures. The bank inked the deal with RippleNet in September 2018 and announced that its Treasury Management Unit would be using Ripple’s current software solution to carry out cross-border transactions. дальше »
2019-8-29 12:14 | |
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WEG Bank получил лицензию на торговлю и хранение криптовалют в Эстонии
Немецкий банк WEG Bank получил лицензию на торговлю и хранение криптовалют в Эстонии и намерен получить лицензию на торговлю ценными бумагами и предоставление кастодиальных услуг в Германии. «Мы объявляем, что с сегодняшнего дня мы получили полный доступ к лицензии на хранение и торговлю криптовалютами в Эстонии и теперь подаем заявку на получение лицензии на торговлю […] дальше »
2019-8-29 11:40 | |
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Ex-Amazon employee who hacked Capital One bank used its servers to mine cryptocurrency
The former Amazon Web Services employee thought to be behind the data breach of Capital One bank earlier this year appears to have also used the infiltrated cloud servers to surreptitiously mine cryptocurrency. дальше »
2019-8-29 09:19 | |
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Crypto Can Boost Indian Economy – How Banning Will Hurt it
The Indian economy is experiencing severe economic slowdown not seen in many years, and cryptocurrency can potentially help. However, the government is considering a draft bill to ban cryptocurrencies, which could have undesirable consequences on the economy. дальше »
2019-8-29 09:03 | |
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Crypto Firm Sygnum Looks To Obtain Singapore Banking License
Earlier this week, Switzerland’s Financial Market Supervisory Authority granted a banking and securities dealer license to crypto financial service Sygnum. Now, as the business attempts to become a full-fledged bank in Switzerland, it's looking to obtain a banking license in Singapore. дальше »
2019-8-29 23:51 | |
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Hong Kong: More Businesses Accepting Bitcoin Days After Protest Leaders Urged For A Bank Run
The ongoing protests in Hong Kong could be termed as a blessing in disguise for crypto worshippers as they have seen mainstream adoption of cryptos soar in the recent past. According to Yahoo Finance, the political and economic turmoil in the city that is now in its 12th week, has seen various retail outlets and […] дальше »
2019-8-28 22:16 | |
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China’s CBDC initiative fills private cryptocurrencies’ missing elements
The latest Binance Research, while showcasing China’s CBDC initiative, highlighted its possibility of being a renminbi (RMB) replacement. Creating a buzz in the context, the report read, “The People’s Bank of China plans to replace China’s M0 money supply with its CBDC. дальше »
2019-8-29 21:00 | |
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People’s Bank of China could use CBDC to replace paper money
China’s aggressive push towards cryptocurrency has forced global economies to ensure a common-ground for crypto-innovations within their jurisdictions. Taking a closer into the Chinese government’s crypto initiative, Binance Research released a report that details on the People’s Bank of China’s (PBoC) proposed digital legal tender. дальше »
2019-8-29 20:30 | |
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Switzerland Central Bank Discusses Libra Cryptocurrency with Regulators
Switzerland National Bank’s (SNB) Vice Chairman, Fritz Zurbruegg has revealed that the apex bank is currently holding serious talks with relevant authorities across the globe concerning Facebook’s global cryptocurrency project, Libra, according to a Reuters report on August 27, 2019. дальше »
2019-8-28 19:00 | |
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Chinese Authority Pushes Back on Central Bank Digital Currency Report
A source tied to China’s central bank has pushed back against reports about the country’s central bank digital currency. The post Chinese Authority Pushes Back on Central Bank Digital Currency Report appeared first on Bitcoin Magazine. дальше »
2019-9-6 18:26 | |
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Is Boris Johnson Fulfilling the 4Chan Bitcoin Prophecy?
When the governor of the Bank of England said a no deal Brexit would lead to house prices crashing 30% and general unrest, most laughed it off as nonsense. The... The post Is Boris Johnson Fulfilling the 4Chan Bitcoin Prophecy? appeared first on Trustnodes. дальше »
2019-8-28 18:14 | |
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Not Launching a Cryptocurrency in November: China’s Central Bank
China’s central bank has refuted media reports of it launching a state-backed cryptocurrency, according to Global Times, a government-affiliated news agency. Refuting media reports of launching a state-backed cryptocurrency in the coming months, #China's central bank termed them as "inaccurate speculation. дальше »
2019-8-28 18:00 | |
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China Cryptocurrency Will Allow Greater State Surveillance, Says Binance
China’s digital currency might be good for shopping, but don’t expect any privacy. Binance researchers have questioned claims of transaction anonymity, suggesting instead that the new virtual currency might actually give the state greater opportunity to spy on its citizens. дальше »
2019-8-28 16:15 | |
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Tech and Banking Giants First to Receive China’s Sovereign Cryptocurrency
Alibaba, Tencent, Union Pay, and other large financial institutions are reported to be the the first receivers of China’s sovereign cryptocurrency initiative, as per Forbes, August 27, 2019. Paul Schulte, the ex-head of global financial strategy at the China Construction Bank is the main spruce behind the information. дальше »
2019-8-28 16:00 | |
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Inaccurate Speculation’ or Is China’s Central Bank Ready to Launch Crypto in Just Over 2 Months?
China’s central bank backed digital currency DC/EP (Digital Currency/Electronic Payments) will be issued to seven institutions, reported Fobes citing Paul Schulte, an independent researcher and former employee of one of these institutions. дальше »
2019-8-28 15:50 | |
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Central bank of China to launch digital currency within months in fight to retain control over monetary policy
The People’s Bank of China (PBOC) will roll out China’s sovereign digital currency, DC/EP, as early as November this year, distributing it to seven institutions including Alibaba, Tencent, and the four largest banks in the world, two separate sources told Forbes. дальше »
2019-8-28 13:10 | |
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Народный банк Китая отбирает организации для распространения собственной цифровой валюты
Народный банк Китая, готовящийся к эмиссии собственной цифровой валюты, может предоставить уникальное право на ее использование семи организациям. Об этом сообщает Forbes со ссылкой на бывшего главу по стратегии в области финансов China Construction Bank Пола Шульте. дальше »
2019-8-28 13:06 | |
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Crypto Exchange Gemini Joins Silvergate Bank’s Cryptocurrency Payments Network
Coinspeaker Crypto Exchange Gemini Joins Silvergate Bank’s Cryptocurrency Payments NetworkSilvergate Bank will allow Gemini's customers deposit and withdraw U. S. Dollars from their accounts in real-time. дальше »
2019-8-28 12:47 | |
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Alibaba, Tencent and Union Pay to Get China’s Digital Currency First
Coinspeaker Alibaba, Tencent and Union Pay to Get China’s Digital Currency FirstPeople’s Bank of China is said to be preparing for issuing its own cryptocurrency in the coming days. According to sources, the first beneficiaries of China’s CB/DC are Alibaba, Tencent, Union Pay, and others. дальше »
2019-8-28 11:52 | |
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BitMEX CEO: Total Financial Control Within Five Years Will Make People Embrace Bitcoin as ‘China Coin’ To Be Given to Tencent, Alibaba
The Chinese central bank is soon to launch its own crypto and allow seven local fintech giants to use it; Arthur Hayes says this will add more exposure to Bitcoin дальше »
2019-8-28 11:48 | |
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Around The Block With Jeff And Dave – August 27, 2019
Bitcoin is holding steady at 10,000 – what will drive the price up as the recession looms? The UK Central Bank wants to set up a global central bank-backed by their crypto. Craig Wright loses the court case and is ordered to pay 500k+ in bitcoin judgment! We review Purse, OpenBazaar and other ways toRead MoreRead More. дальше »
2019-8-28 11:06 | |
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Китай может запустить свою криптовалюту уже 11 ноября
Сразу семь учреждений начнут работу с разработанным Китайским Центробанком «цифровым юанем» в ближайшие месяцы. Об этом пишет Forbes, ссылаясь на слова сотрудника одного из независимых учреждений, занимающихся исследованием новой криптовалюты. дальше »
2019-8-28 08:19 | |
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СМИ назвали дату запуска криптовалюты Центробанка Китая
Сразу семь учреждений начнут работу с разработанным Китайским Центробанком «цифровым юанем» в ближайшие месяцы. Об этом пишет Forbes, ссылаясь на слова сотрудника одного из независимых учреждений, занимающихся исследованием новой криптовалюты. дальше »
2019-8-28 08:19 | |
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Swiss Central Bank In Close Contact With Facebook’s Libra, Affirms Documents Are Very Vague
The Swiss National Bank, known the central bank of the country, has recently contacted the responsible people for Facebook’s Libra project in order to know more about the project. Fritz Zurbruegg, the vice-chairman of the bank, has talked about the contact so far and claimed that the documents that back the project are very vague. […] дальше »
2019-8-28 05:06 | |
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Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached
One of the major problems for businesses in the cryptocurrency industry is finding a bank that agrees to work with them and connect them to the traditional fiat financial system. The financial regulator in Switzerland has just made this easier by licensing two companies to serve as tailored banks for the industry and further open […] The post Switzerland Approves Bitcoin Banks – But With Strict Conditions Attached appeared first on Bitcoin News. дальше »
2019-8-28 23:00 | |
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HSBC Becomes The First Bank To Complete Transaction On We.trade Blockchain Platform
HSBC, a multinational bank, has recently become the first bank to complete a blockchain transaction on the European We. trade platform. The project, which was started back in 2017, has only recently started its second round of pilot tests. дальше »
2019-8-28 22:57 | |
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Brazil: Central Bank Adopts IMF Cryptocurrency Guidelines
Brazil’s Central Bank, Banco Central de Brasil, published an official notice on August 26, 2019, stating that it had adopted the International Monetary Funds’ (IMF) guidelines with regard to cryptocurrency assets. дальше »
2019-8-28 21:00 | |
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Bitcoin Got too Close to Facilitate a Murder Plan
Bitcoin has been named as an accessory in a murder-for-hire scheme. The cryptocurrency, which allows people to exchange value over the internet without having to go through a bank or any other financial institution, facilitated an online transaction involving an assassination plot. дальше »
2019-8-27 17:00 | |
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Battle of the global reserve: Crypto vs the dollar
Since the demise of the pound sterling, the dollar has been the global reserve currency. Now Bank of England governor Mark Carney says the next reserve could be digital. дальше »
2019-8-28 15:05 | |
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Central Bank of Brazil Adopts IMF Crypto Classification Guidelines
The Central Bank of Brazil has adopted the International Monetary Fund's crypto classification guidelines, meaning traded cryptocurrencies within the country will be classified as non-financial products and, as such, will be counted as goods on the central bank’s balance sheet. дальше »
2019-8-27 23:52 | |
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German-based Bank, WEG Bank, Gets Crypto Custody License in Estonia
German based WEG Bank has received its cryptocurrency trading and custody license from Estonia. The bank – which has courted a number of cryptocurrency projects – becomes the latest financial institution to have a regulated crypto trading desk. дальше »
2019-8-26 19:49 | |
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Global Central Bank Digital Currency as a Catalyst for the Demise of the U.S. Dollar
Earlier this week, Mark Carney, the governor of the Bank of England, brought up the idea of a central bank operated digital currency akin to Libra to bring an end to the dominance of the U. S. dollar as the global standard for trade and international hedges. дальше »
2019-8-27 17:00 | |
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Podcast: How bank data analysis helps fight modern slavery
Since 2014, more than 40 million people have been victimized by human trafficking. To understand how massive that number actually is, look at this map of Europe for a few seconds: The number of human trafficking victims globally is as many as the inhabitants of Denmark, Sweden, Norway, Finland, Croatia, and Hungary combined. дальше »
2019-8-26 16:29 | |
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NASA astronaut accused of first-ever space crime denies allegations
NASA is reportedly investigating what’s said to be the first ever instance of a space crime. According to a report by The New York Times, the space organization is currently looking into a claim that astronaut Anne McClain improperly accessessed the bank account of her estranged spouse Summer Worden outside the confines of earth — while aboard the International Space Station (ISS). дальше »
2019-8-26 08:29 | |
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BoE Governor Mark Carney Proposes Global Cryptocurrency
Governor of the Bank of England Mark Carney put forward the idea of replacing the U. S. dollar with a central bank-issued cryptocurrency like Facebook’s Libra. Carney Proposes The Synthetic Hegemonic Currency On August 23, 2019, while addressing the Federal Reserve Symposium in Jackson Hole, Wyoming, Carney described how Brexit uncertainties, persistent world trade tensions, and overall weaker business activity are deteriorating the global economy. дальше »
2019-8-25 21:34 | |
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Bank of England Governor:” The US Dollar Needs to be Replaced Soon’
Facebook’s Libra project is getting a lot of flack. The happy-go-lucky attitude associated with this project continues to raise eyebrows. Despite some major critiques, the concept still holds merit to some. дальше »
2019-8-25 21:00 | |
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Mark Carney: Cryptocurrencies Could Overtake the U.S. Dollar as World’s Reserve Currency
Bank of England (BoE) Governor, Mark Carney, in a meeting with central bankers worldwide in Wyoming, has predicted that a cryptocurrency backed by several nations could overtake the U. S. dollar as the world reserve currency. дальше »
2019-8-24 15:37 | |
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BOE Governor Calls for a Central Bank Crypto Asset to Take On US Dollar’s Dominance as a New World Reserve Currency
First they dismiss and laugh at you, then they criticise you, they fight you and you win. This is how the struggle for Indian Independence went according to Mohandas Gandhi, but the same path is kind of similar to the one that cryptocurrencies are going through right now. The only difference is that rather than […] дальше »
2019-8-24 01:26 | |
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Largest Bank of Africa, Standard Bank, Becomes Newest Member of The Marco Polo Network
Standard Bank, known as the largest banking institution in the African continent, has recently decided to join forces with the Marco Polo Network, a blockchain-based financial company. Now, the bank will start to create financial solutions together with the blockchain company. дальше »
2019-8-24 01:09 | |
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