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Blockchain to be regulated by China’s central bank
The People’s Bank of China (PBoC) wants to create a better standard for regulating new technologies in the financial industry. According to Xinhua News Agency, the regulations will apply to 17 different categories in the fintech industry, including blockchain, AI, and cloud services. дальше »
2019-11-21 17:50 | |
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United States Examines Launching Digital Currency, Confirms Federal Reserve Chairman
United States Federal Reserve Chairman Jerome Powell has confirmed that the nation is looking into launching its own Central Bank Digital Currency (CBDC). The news comes at a time when many other nations have also hinted at launching their own national digital currencies in a race to be among the first countries to do so. дальше »
2019-11-21 13:34 | |
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3 Bitcoin Transactions Worth $5.5B Show Why BTC Isn’t Going Anywhere
Bitcoin detractors seem to be spending more ways thinking of how it could be shut down. It is true that decentralized money is a huge threat to governments and the central banks that keep them in power, but that was entirely the point of it. дальше »
2019-11-21 13:30 | |
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Singapore Central Bank Okays Crypto Derivatives Trading
Singapore has always been seen as a hub of digital finance. Many of the world’s major blockchain and crypto conferences are held there and a lot of the region’s exchanges have chosen the island nation for its welcoming climes. дальше »
2019-11-21 11:28 | |
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China Central Bank to Set Standards for 17 Fintech Categories, Including Blockchain
The People’s Bank of China (PBoC) has an agenda to set industry standards across the financial sector, including blockchain, a senior official from the bank said on Wednesday. Speaking at a meeting of the National Technical Committee, PBoC vice president Yifei Fan said the bank aims to better regulate new technologies applied across the financial […] дальше »
2019-11-22 09:00 | |
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Bloomberg Panel: Bitcoin More Attractive During Times of Global Uncertainty
Bloomberg panelists agree that BTC becomes more attractive during times of irresponsible monetary policies from central banks and governments globally
дальше »2019-11-21 01:57 | |
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60% Of German Banks’ Charge Negative Interest Rates, ECB Says It Could Give Rise To ‘Bigger Risks’
Nearly 60% of German banks are charging negative interest rates from corporate clients on deposits while 23% are doing the same for retail customers, revealed a survey by the German central bank. Two weeks after the European Central Bank cut interest rates deeper into negative territory, from minus 0.4% to minus 0.5% in mid-September, the […] дальше »
2019-11-21 23:58 | |
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The Fed Is Analyzing A Central Bank Digital Currency, But Would The US Benefit As Much As Others?
The U. S. Federal Reserve System (FED) is analyzing the possibility to issue a digital dollar. Although there is nothing confirmed, Jerome Powell, the Chairman of the FED, explained that they are exploring whether it makes sense to issue a Central Bank Digital Currency (CBDC). дальше »
2019-11-21 23:49 | |
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Bitcoin Can Rescue German Savers From Negative Interest Rates
The world is on a negative rate binge as central banks around the world are cutting interest rates, which is creating a compelling case for Bitcoin. Gone are those days, when the bank pays you for storing your wealth with them. дальше »
2019-11-21 22:43 | |
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Dow Futures Crash as Moody’s Reveals 16 Fatal Recession Triggers
Dow Jones Industrial Average (DJIA) futures dropped 118 points ahead of the bell on Wednesday. Ratings agency Moody’s issued a ‘recession triggers’ chart with 16 high-risk events. The European Central Bank (ECB) also issued a warning over global growth. дальше »
2019-11-20 14:39 | |
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Bank of Japan Studying Digital Currencies, Says Governor
Japan may be the latest country whose central bank is looking to launch a sovereign digital currency. However, authorities in the country say there is no rush towards creating a digital Yen even as the CBDC wars appears to be gaining momentum. дальше »
2019-11-20 10:00 | |
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Bank of Japan Studying the Role of Digital Currencies: Bank’s Governor Haruhiko Kuroda
Japan is well known for its positive crypto regulations and has become a guiding light for G-20 nations in order to help them formulate their own positive crypto regulations. Now as per the latest development the Central Bank of Japan called Bank Of Japan (BoJ) has initiated research on digital currencies, revealed the bank's chairman […] дальше »
2019-11-19 22:46 | |
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Bank of Japan's Governor supports digital currency research, not issuance
While China continues to work towards launching its own stablecoin, Japan practices caution. According to a report, the Governor of Bank of Japan, Haruhiko Kurado, has said that the central bank has nThe post Bank of Japan's Governor supports digital currency research, not issuance appeared first on AMBCrypto. дальше »
2019-11-19 16:30 | |
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Could China’s War on Cash Herald a New Global Crypto Revolution?
There are no mixed signals with regards to blockchain and crypto coming from China at the moment. The People’s Republic is full steam ahead on distributed ledger technology as it prepares to ready its population for its own central bank crypto currency. дальше »
2019-11-20 12:00 | |
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US Federal Reserve: Stablecoins Can Be a Modern Medium Of Exchange If Well Designed And Regulated
The US central bank, Federal Reserve is commonly known as the Fed, has finally agreed that stablecoins pose a threat to the fiat dollar as a global medium of exchange. The Fed has stated that stablecoins like Facebook’s Libra have the capability of being the ‘fresh medium of exchange’. However, the Fed gave a caveat […] дальше »
2019-11-19 00:53 | |
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Bitcoin Efforts Launched For Lebanon Amid Financial Crisis
Lebanon is on the verge of collapse with the parliament speaker comparing it to the Titanic. The central bank there has apparently engaged in what Nasser Saidi, a former central... The post Bitcoin Efforts Launched For Lebanon Amid Financial Crisis appeared first on Trustnodes. дальше »
2019-11-18 19:16 | |
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Bitcoin Access in Iran Hampered by Internet Shutdown
Following a decision to inflate fuel prices by 50 percent in Iran, civil unrest has broken out with a branch of the country’s central bank being set ablaze. Now, the government is striking back and could even be doing enough to cripple Bitcoin access. дальше »
2019-11-19 18:55 | |
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Crisis Fears Rise as Global Debt Hits a Record $250 Trillion
The world’s total liabilities continue to grow rapidly as a new report reveals global debt is now over a record $250 trillion. For many investors and market watchers this raises the specter of another potential major economic crisis triggered by a collapse of the global financial system. дальше »
2019-11-18 14:30 | |
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Reports of Protestors Burning Central Bank of Iran the Result of Confusion
Reports of protestors burning down the Central Bank of Iran spread across news outlets on Sunday. The news was met with largely positive responses, particularly among Bitcoin maximalists and gold enthusiasts. дальше »
2019-11-18 11:15 | |
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Iranian Central Bank Power of the Public Seen as Protesters Torch
In a stunning video on Twitter, scenes of smoke and flames enveloping a building in Iran are shown as protestors cheer and watch on. The Iranian Central Bank in the city of Behbahan was set ablaze in a powerful show of public power. дальше »
2019-11-18 05:34 | |
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Iran Central Bank Branch Set on Fire, Crypto Community Follows Events
The crypto community closely follows the developments as Iran’s central bank branch was set on fire by protesters
дальше »2019-11-18 18:54 | |
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China Cracks Down on Crypto Exchanges to Prevent Resurgence of Speculation
Regulators in China have yet again taken to cracking down on cryptocurrency exchanges just weeks after President Xi Jinping publicly promoting the blockchain technology reviving the digital asset speculation. дальше »
2019-11-17 17:34 | |
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Crypto Trading Enthusiasm Returns in China, Prompting More Scrutiny from Country’s Regulators
The Central Bank in China seems set for another round of crypto crackdowns after President Xi’s latest remarks revived speculation on blockchain technology. Financial regulators in each Shanghai District are required to search and conduct an inspection of all suspected crypto companies and exchanges by 22nd November. A notice issued by the Shanghai Internet Finance […] дальше »
2019-11-16 20:16 | |
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China’s Central Bank (PBoC) Forced by Fake Website to Deny Launch of Its Digital Crypto (DECP)
The PBoC (People’s Bank of China) was recently forced to release a statement indicating that its much anticipated digital asset was still in its testing stages. This news comes during a time when there are online reports insinuating that dates had already been set for the official launch of the stablecoin. DCEP or the Digital […] дальше »
2019-11-15 22:47 | |
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People’s Bank of China (PBoC) Pilots Restrictions on Large-Scale Cash Transactions
The People’s Bank of China (PBoC) has had a lot of attention lately with their many changes in the crypto industry. Now, it looks like the central bank is looking to combat money-related criminal activities with a new restriction. дальше »
2019-11-15 17:19 | |
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Central Bank of China Starts Trials to Restrict Large Cash Transactions
The central bank of China will pilot a restriction on large-scale cash transactions, possibly paving the way for its upcoming digital Renminbi
дальше »2019-11-15 05:10 | |
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Federal Reserve Loaned Equivalent of 12.7M Bitcoins to Bailout Banks (In One Day)
With the potential for an economic crisis intensifying, global central bankers are having to work overtime to ensure some stability. This has led to the Federal Reserve stepping in to add $111. 9 billion to the financial markets to help with liquidity. дальше »
2019-11-15 02:10 | |
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Former ECB President’s Statement Shows Bitcoin Does Have Impact on the Economy
While many enthusiasts offer a bullish assessment of the future of cryptocurrencies like bitcoin and the ways it can be used to replace or supplement fiat currency, the coins have received mixed reactions from central banks across the globe. дальше »
2019-11-14 19:58 | |
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The age of the sovereign digital currency is here
As regulators around the world seek to delay Facebook's Libra, central banks are racing to launch sovereign digital currencies. дальше »
2019-11-14 14:05 | |
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Central Bank Cryptocurrencies Are Pointless, Says Ex-Federal Reserve Chairman
The perceived inevitability of central bank-issued digital currencies on a global scale has been a hot topic of discussion for a while now. With China reportedly going ever so close to releasing the world’s first nationalized digital currency, central banks in most major economies are under immense pressure to follow suit — or at least […] The post Central Bank Cryptocurrencies Are Pointless, Says Ex-Federal Reserve Chairman appeared first on BeInCrypto. дальше »
2019-11-14 11:44 | |
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Despite ‘Fraudulent’ Launch Reports, China’s Central Bank Is Still Researching CBDC’s
Despite having a longtime ban against cryptocurrency, the People’s Bank of China recently decided to research the use of digital currency for themselves. While there have been multiple news reports stating that the central bank has already issued digital currency, the PBoC has stated that the claims are “fraudulent.” Instead, the official statement from the […] дальше »
2019-11-14 23:14 | |
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Bitcoin Trading Surges as Malaysia Mulls Cash Payment Limit
The peer-to-peer trade volumes of bitcoin spiked in Malaysia as their central bank discussed the prospects of capping cash transactions. The Central Bank of Malaysia announced this week that it is going to introduce a cash transaction limit of RM25,000 (~$6,000) starting next year. дальше »
2019-11-14 23:13 | |
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China's central bank dismisses reports of legal digital currency issuance
China has been making headlines ever since it was revealed that the country is working on its digital currency, with China also accelerating its work on blockchain technology. However, there have alsoThe post China's central bank dismisses reports of legal digital currency issuance appeared first on AMBCrypto. дальше »
2019-11-13 12:37 | |
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China’s Digital Currency Will Allow Consumers ‘Controllable Anonymity’
The People’s Bank of China (PBOC) is the first major central bank to hint at issuing its own digital currency. Consumers fear an end to the anonymity of cash, but officials say that their goal is ‘controllable anonymity’. дальше »
2019-11-13 09:32 | |
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Anonymity in China’s Crypto Yuan is Bad News for US Lawmakers
While the US drags its regulatory feet and gets bamboozled by bureaucracy, China forges ahead and could launch its own digital currency within a few months. Crypto Yuan Nearing According to a central bank official, China’s planned crypto yuan is not all about spying on its citizens. дальше »
2019-11-13 08:53 | |
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Will US Rates Go Negative and Boost Bitcoin? CME Chief Doubts It
According to the Chief Economist of the CME Group, Blu Putnam, the US Federal Reserve is unlikely to pursue a policy of negative interest rates even in the event of a severe recession. Putnam says that the central bank is more likely to experiment with different tools than adopt the controversial policy than many argue […] The post Will US Rates Go Negative and Boost Bitcoin? CME Chief Doubts It appeared first on BeInCrypto. дальше »
2019-11-13 00:46 | |
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IBM: Central Banks Will Launch Digital Currencies Within 5 Years
Under the fear of potentially losing monetary control, several central banks are focusing on developing and issuing a cryptocurrency. Indeed, according to an IBM-commissioned report, a central bank digital currency (CBDC) could be ready for consumers’ use within the next 5 years. дальше »
2019-11-13 20:43 | |
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Central Bankers Won’t Listen to Senior Alan Greenspan’s Digital Currency Views
Those who have followed Alan Greenspan’s career know how his tenure as a Federal Reserve chairman propelled the U.S. economy to the brink of disaster. The monetarist, who the Time Magazine named among the 25 people that caused the 2008 financial crisis, conveniently blocked efforts to crack down on the abusive subprime mortgage loans, promoted […] The post Central Bankers Won’t Listen to Senior Alan Greenspan’s Digital Currency Views appeared first on CCN.com дальше »
2019-11-13 20:13 | |
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Tunisia Will Not Be Launching E-Dinar, Central Bank of Tunisia Responds
Just days ago, reports emerged that Tunisia had become the first country to issue a central bank-backed digital currency, dubbed the ‘E-Dinar. ’ The cryptocurrency would reportedly be launched on an obscure blockchain known as Universa — which the CEO of Universa, Alexander Borodich, called ‘the world’s fastest blockchain. дальше »
2019-11-12 16:01 | |
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Is Ethereum DeFi the Answer to the Global Debt Crisis?
The economic and financial news this year has been grim to say the least. As central banks battle to keep their monetary systems afloat, global debt is skyrocketing to an unsustainable level. A massive paradigm shift is needed and Ethereum could be part of it. дальше »
2019-11-12 13:00 | |
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China Digital Currency ‘Not Seeking Full Data Control’ — Central Bank
China says digital currency won’t oust cash
дальше »2019-11-12 10:33 | |
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