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Bitcoin and Other Cryptocurrencies Not Significant Threats – Says US Federal Reserve Chairman

While a good number of central banks see bitcoin and other cryptocurrencies as significant threats to their survival, the United States Federal Reserve Chairman, Jerome Powell, said on July 18, 2018, that the exponential growth in the price of bitcoin and the increasing adoption of cryptos doesn’t bother him. дальше »

2018-7-21 13:00


Federal Reserve Chairman: Cryptocurrencies Are Not A Threat To The Existing Financial System, Crime And Consumer Protection Are Concerns

According to Bloomberg, Jerome Powell, the Federal Reserve Chairman, in a testimony before the House of Financial Services Committee, confidently stated that the cryptocurrency industry is currently not a threat to the existing financial system. дальше »

2018-7-20 20:46


Fed Governor’s Crypto Testimony Reveals US Central Bank Has No Plans For Regulation

Jerome Powell, chairman of the U. S. Federal Reserve, raised concerns about cryptocurrencies on Wednesday, saying they present serious risks to investors. During his testimony before the House Committee on Financial Services,Powell was asked for his opinion on cryptocurrencies and he had few kind words for the sector. дальше »

2018-7-19 15:00


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Russia: Crypto Miners and Holders Regulated

Cryptocurrency miners and holders in Russia will be regulated under the Internal Revenue Code, local news outlet Izvestiya reported July 18. The Chairman of the Russian State Duma Committee on Financial Markets, Anatoly Aksakov, told Izvestiya that lawmakers are looking to pass the bill on digital financial assets, or cryptocurrencies, during the autumn session of дальше »

2018-7-19 07:34


Japan To Regulate Korea’s Largest Crypto Exchange

On June 20, all deposits and withdrawals were suspended to update the platform and improve security system to avoid further threats. Initially, the bithumb team has recovered around 16$ million from the hack, but later controversy increased as the chairman of Financial Service Commission Kim Yong-bum got disappeared, and bithumb stopped all further deposits and […] дальше »

2018-7-17 19:49


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Malta-based BlackBerry Company Introduces Palladium World’s First Initial Switchable Currency

Malta-based blockchain company Palladium is launching the world’s first so-called initial convertible coin offering (ICCO). According to Palladium chairman Prof. Paolo Catalfamo, the Palladium platform is a revolutionary solution to the biggest obstacles to widespread crypto adoption: cumbersome management of cryptocurrencies and regulatory uncertainty surrounding their use. Investors will be given the right to convert the tokens into дальше »

2018-7-11 14:51


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Paris Hilton’s Father to Auction $38 Million Roman Mansion Through Cryptocurrency

Paris Hilton’s father, Rick Hilton, chairman of Hilton and Hyland and the family namesake of the Hilton Hotels is selling a $38 million Roman mansion through a cryptocurrency auction. Known as the Palazzetto, the 16th-century Roman mansion is 17,363 square feet with 11 bedrooms, 15 bathrooms, and three full-sized kitchens. дальше »

2018-6-24 16:04


Sheila Bair: Fed Needs To Consider A Digital Currency

Former FDIC Chairman Sheila Bair on bank stress tests, the U.S. economic outlook and the future of cryptocurrency.   Q1 hedge fund letters, conference, scoops etc, Also read Lear Capital: Financial Products You Should Avoid? Image source: YouTube Video Screenshot Sheila Bair: Fed Needs To Consider A Digital Currency Transcript Well it’s certainly a lot […] дальше »

2018-6-22 15:27