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Australia Wants To Limit Cash Payments Not Cryptocurrency

Draft legislation from Australia’s Department of Treasury has proposed limits on cash payments exceeding $10,000. Interestingly, cryptocurrency is not negatively mentioned in the document. Australia Moves to Limit the Size of Cash Payments Australia’s Department of Treasury recently published a new set of preliminary guidelines that govern the size of cash-based currency payments. дальше »

2019-7-29 09:21


JP Morgan: US Dollar Could Lose its Reserve Currency Status, Need for Investment Portfolio Diversification

The US dollar will struggle to remain the global reserve currency, in the coming decades, having already completed its tenure as a GRC. “The US dollar has been the world’s dominant reserve currency for almost a century,” wrote, bank’s strategist Craig Cohen in a report earlier this month. “We believe the dollar could lose its […] дальше »

2019-7-25 20:16


Foot in Mouth: Steven Mnuchin won’t be talking about Bitcoin in 10 years but everyone else will

One day I’ll be famous and you’ll tell everyone you were once regulating me! Bitcoin has had a wild ride since 2008, at the intellectual behest of Satoshi Nakamoto. From being chided as the ‘currency of the dark web,’ to be talked about, in no uncertain terms, in the halls of Congress; from being lambasted […] The post Foot in Mouth: Steven Mnuchin won’t be talking about Bitcoin in 10 years but everyone else will appeared first on AMBCrypto. дальше »

2019-7-25 17:31


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The best way to make money out of Libra? Put a bet on it not launching on time

Facebook’s digital currency Libra is looking less and less likely to launch next year as originally planned. Policy expert, Angela Walch from University College London’s Centre for Blockchain Technologies told Quartz: “The odds that Libra receives regulatory approval anytime soon (ie, in the next six-12 months) are quite low. дальше »

2019-7-25 15:44


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Survey finds adults couldn’t care less about Facebook’s Libra ‘cryptocurrency’

Facebook Libra’s potential to help cryptocurrency go mainstream has been touted in recent weeks, but recent survey results indicate otherwise.   According to a poll conducted by CivicScience, which looked into general interest and public concerns surrounding Libra following the announcement of its launch, only five percent of 1,799 US adults surveyed expressed any level of interest in the proposed digital currency. дальше »

2019-7-24 19:09


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Good News For Bakkt? NYDFS Announces Crypto-Licensing Division

The New York State Department of Financial Services (NYDFS) yesterday announced the creation of a new division for licensing crypto-businesses. The ‘Research and Innovation’ Division will supervise and license virtual currencies, address financial inclusion through technology, protect consumer data rights, and encourage innovation in the financial services marketplace. дальше »

2019-7-24 19:00


Pantera Capital CEO predicts $42,000 Bitcoin price by end of 2019

Dan Morehead, the founder and CEO at Pantera Capital, a cryptocurrency-focused investment fund, believes the Bitcoin price could hit $356,000 in the next three years. Morehead, who’s also the chairman at Bitstamp, a global digital currency marketplace, predicted during an episode of Laura Shin’s Unchained Podcast that Bitcoin’s price may reach $42,000 by the end […] The post Pantera Capital CEO predicts $42,000 Bitcoin price by end of 2019 appeared first on CryptoSlate. дальше »

2019-7-24 18:18


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Bitcoin Boost As JPMorgan Casts Doubt On US Dollar’s Future

Bitcoin challenging the US dollar’s worldwide supremacy seems more likely after it emerged that even the country’s biggest bank thinks the status quo cannot last. Central Banks Amassing Gold ‘Makes Sense’ In a report issued July 10, Craig Cohen, a strategist for JPMorgan Chase, said changing habits among non-US central banks are creating a real sense of unease about the dollar’s long-term status. дальше »

2019-7-24 13:00


Palestine Plans Digital Currency to End Israel Shekel Dependency

Months after Palestine’s current government was sworn in, the prime minister has revealed plans to develop a cryptocurrency meant to reduce dependence on Israel. According to the Anadolu Agency, Palestinian Prime Minister Mohammad Shtayyeh stated that the digital currency will assist the territory to overcome the challenges currently being experienced as a result of the […] The post Palestine Plans Digital Currency to End Israel Shekel Dependency appeared first on CCN Markets дальше »

2019-7-23 18:11


Bitcoin and the ‘wild west’ crypto-market are entering their final phase, claims report

Libra is a wolf in sheep’s clothing to Bitcoin. Facebook’s Libra was heralded as the harbinger of a massive wave of crypto-adoption. In light of Facebook’s well-established user base, widespread messaging applications, and strong foundations, the cryptocurrency world looked at Libra as a possible bridge for the uninitiated to the decentralized currency industry. дальше »

2019-7-23 14:30


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India: Government Committee Recommends Cryptocurrency Ban

Despite an earlier statement from India’s Minister of State for Finance that the government wasn’t planning on banning cryptocurrencies, the Inter-Ministerial Committee (IMC) is proposing otherwise. According to the IMC report on July 22, 2019, the committee recommended a blanket ban on cryptocurrency and also penalties for conducting virtual currency activities in the country. дальше »

2019-7-23 20:33


Dash CEO reveals latest strategies to improve much needed mainstream adoption

Some cryptocurrencies are technically superior on the back end. Some are based on a blockchain network that attains a high level of security and privacy. Another virtual asset facilitates rapid transactions but none of these factors would translate to the digital currency’s success if their adoption rates do not reach a widespread userbase. дальше »

2019-7-22 01:00


Dash’s Ryan Taylor reveals latest strategies to improve much needed mainstream adoption

Some cryptocurrencies are technically superior on the back end. Some are based on a blockchain network that attains a high level of security and privacy. Another virtual asset facilitates rapid transactions but none of these factors would translate to the digital currency’s success if their adoption rates do not reach a widespread userbase. дальше »

2019-7-22 01:00


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Bank of America Patent Displays use of Ripple Ledger

A now publicly available patent from Bank of America (BofA) has revealed a system of real-time settlement that utilizes the Ripple ledger for inter currency transactions, July 20, 2019. Huge Breakthrough for Ripple Bank of America’s patent reveals the exclusive usage of the Ripple ledger to improve efficiency and cost-effectiveness of transactions as well asRead MoreRead More. дальше »

2019-7-21 11:51


Cryptocurrency is Part of the Global Currency War, Says Federal Reserve Branch Head

Cryptocurrency has found itself on the center stage of the global political sphere over the past several weeks, which first began when Fed Chair Jerome Powell compared Bitcoin to gold. Shortly after this, US President Donald Trump shared his thoughts on BTC, which sparked what appears to be a regulatory crackdown on the nascent markets. дальше »

2019-7-20 03:00


VanEck official points out Steve Mnuchin’s 180 on US Treasury’s report on fiat currency and frauds

The main argument used by many critics of cryptocurrencies is that digital assets are used for fraudulent and nefarious activities. This was recently cited by Steve Mnuchin, the United States’s Treasury Secretary, who said that Bitcoin and the rest of the cryptocurrency market would be subject to the same level of jurisdiction that fiat money […] The post VanEck official points out Steve Mnuchin’s 180 on US Treasury’s report on fiat currency and frauds appeared first on AMBCrypto. дальше »

2019-7-20 22:30


Ripple CEO Calls Facebook’s Entry Into Crypto “Brazen,” Calls Out For A Level Playing Field

Ripple CEO Brad Garlinghouse has made his stance on Facebook’s cryptocurrency project Libra very clear, follow the rules. On July 17, Garlinghouse tweeted that the social media giant's “goal to create a new fiat currency” should be held to the same standard as any other regulated financial institutions. дальше »

2019-7-19 19:30


“This Is The Revolution: We Just Have To Sell It” – Congressman Schweikert On Blockchain

Facebook took a hammering this week, with the proposed Libra currency taking fire from blockchain skeptics and decentralization advocates alike. But there is one silver lining to come from this weeks’ hearings: the prospect of a global, corporate digital cryptocurrency appears to have spurred Congress into action. дальше »

2019-7-18 19:31