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EU Parliament Report Reveals How Banks Could Beat Bitcoin

A recent report released by the Policy Department of the European Parliament explains how central bank-issued cryptocurrencies outcompete Bitcoin. EU Parliament Draws Up Battle Plans Against Bitcoin A recent report from the Policy Department of the European Parliament, titled Competition Issues in the Area of Financial Technology (FinTech), warns about some of the challenges Bitcoin will have to overcome. дальше »

2018-7-24 02:00


Cryptocurrencies in India are at par with electronic means of payment, states the Law Commission of India

The Reserve Bank of India [RBI] has appealed for a ban on cryptographic forms of money, as to preclude the banks for conversion of digital currencies into Indian Rupee [INR]. On 3rd July, the Supreme Court of India [SC] held the hearing of Internet and Mobile Association of India, IAMAI vs RBI. According to the reports, […] дальше »

2018-7-24 00:15


A study on issues of competition in fintech, commissioned by the European Parliament Committee on Economic and Monetary Affairs was published July 20. It found that central bank-issued digital currencies could be a “remedy” for a lack of

Europen Union Study shows central banks coming together with their own digital currencies, i.e., CBDCs could mean an end of the journey for the decentralized digital tokens. Bitcoin has been struggling for quite some time for its mainstream adoption, as crypto investors and enthusiasts are waiting for developers to bring a robust scalability solution. On дальше »

2018-7-23 18:43


Monarch ICO (MT & MTS Token): Online Stores Crypto Payment Exchange?

Monarch is an example of how ventures are rushing to develop innovative payment solutions that will allow users to convert multiple currencies across different platforms seamlessly. With experts predicting a move forward for the industry and rise in customers numbers, Monarch's infusion of blockchain technology will ensure the demand is met with a robust and […] дальше »

2018-7-23 14:37


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Ukrainian Authorities Agree to Regulate Bitcoin and Other Cryptocurrencies as Financial Instruments

In spite of the vibrant nature of the Ukrainian cryptosphere, digital currencies remain unregulated in the region. However, the situation is finally about to change for the better. The head of the National Securities and Stock Market Commission (NSSMC), Timur Khromaev, announced on Facebook on July 20, 2018, that the country’s Financial Stability Council has thrown its weight behind the. дальше »

2018-7-22 03:00


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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


Central Bank Digital Currency Called The ‘Worst Financial Idea In Recent Times’

On 18th July 2018, the US congressional subcommittee on Monetary Policy and Trade held a discussion aimed at addressing some of the major questions currently facing digital currencies. The hearing that was aptly named “The Future of Money: A Look at Digital Currencies” looked at all the implications that would come with implementing cryptocurrencies in […] дальше »

2018-7-20 17:53


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CEO of Xapo Predicted Bitcoin (BTC) Trajectory Years Ago

Bitcoin (BTC)–Wences Casares, Argentinian tech entrepreneur and founder of Xapo, has been a proponent of Bitcoin since nearly the inception of the currency. While he has made bold claims that the innovation of Bitcoin and cryptocurrencies will be bigger than the internet in terms of global impact, his draw to digital currencies has been shaped […] The post CEO of Xapo Predicted Bitcoin (BTC) Trajectory Years Ago appeared first on Ethereum World News. дальше »

2018-7-20 16:15


US Shopper Fund Guard dog Opens Administrative Sandbox to Blockchain

The Consumer Financial Protection Bureau is launching a regulatory sandbox to encourage blockchain and other financial technology innovation, acting head Mick Mulvaney announced Wednesday. Mulvaney told the newspaper that the new office spearheading the initiative will specifically examine cryptocurrencies, blockchain-based platforms, other private currencies and individual “microlending.” He continued: “You can make a strong argument дальше »

2018-7-19 21:57


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Stronghold CEO gives guidance to millennials: ‘Do Something More Productive than Invest in Digital Currencies’

The CEO and founder of the Citadel hedge fund still hasn’t changed his position and insists that Bitcoin has many of the elements of the tulip bulb mania. In November 2017, Ken Griffin compared all this hype around Bitcoin with the tulip bulb mania that was observed hundreds of years ago in Holland. He considered дальше »

2018-7-19 18:09