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Netherlands Central Bank: We Don’t Consider Cryptocurrency To Be Money

The central bank of the Netherlands has issued new comments on cryptocurrency this week, continuing a popular narrative from the banking sector that it is “not money. ” ‘Spending, Saving And Calculating’ In a video statement translated by local news outlet Dutch News, De Nederlandsche Bank divisional director Petra Hielkema said that cryptocurrency did not adequately permit three specific functions which consumers need and which are currently fulfilled by fiat currency. дальше »

2018-8-4 21:30


Natives use original means to trade bitcoin amid rbi ban

Regulation Indian crypto traders have found some creative ways to trade cryptocurrencies, especially bitcoin, to circumvent the crypto banking ban imposed by the country’s central bank. Japan Confirms Entrance Into the Crypto Space Money Finds a Way Following the crypto banking ban by the Reserve Bank of India (RBI) which went into effect last month, Indian дальше »

2018-8-3 07:45


Bithumb to stop issuing virtual accounts, cites non-renewal of bank contract as reason

According to investment banking industry sources, cryptocurrency exchange platform Bithumb has decided to stop issuing new virtual accounts after 1st August. The acclaimed exchange platform, considered as one of the four biggest in South Korea, failed to renew their contract with Shinhan Bank after it got annulled. Soon after this, the exchange decided to apply […] дальше »

2018-8-2 15:47


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FINMA Begins Proceedings into $100 Million ICO Envion

Swiss Financial Market Supervisory Authority FINMA released a press release on July 26, 2018, regarding investigations into Envion AG’s Initial Coin Offering (ICO). Proceedings Focused on ICO The proceedings are particularly interested in potential violations of Swiss banking laws, that stem from potentially unauthorized acceptance of deposits from the ICO. дальше »

2018-7-29 11:00


Canada Backs Central Bank-issued Crypto to Bring Economic Gains

An economic and crypto researcher at the Canda’s central bank says that the existence of CBDCs could provide better flexibility in creating monetary policies. Banking institutions from around the globe and other financial agencies have been largely promoting the idea of Central Bank-backed Digital Currencies (CBDCs). Off lately we have been seeing a lot of дальше »

2018-7-28 23:03