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A Critical Review: The BIS’ Analysis on Crypto as Money.
Cryptocurrency is a poor substitute for fiat money, claims the Bank of International Settlements in a chapter of its annual report, released on June 17. The sender is the message Before delving into the substance of the claim, a brief review of where it comes from is instrumental. The Bank of International Settlements is an дальше »
2018-6-21 16:38 | |
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Amsterdam Airport Passenger Transfer uses LeTower Euros for Crypto
Schiphol – the international airport serving the Netherlands’ capital city, Amsterdam – is launching an ATM that will allow travelers to exchange their euros for bitcoin or ethereum. The airport explained in an announcement on Wednesday that the machine is being located in the departures terminal, since it will offer travelers an option to convert дальше »
2018-6-21 16:24 | |
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Akon to Create his own Cryptocurrency in a “Real Life Wakanda” Crypto City
The 47 year old singer who has twelve billboard top ten hits and is famous for his 2006 “Smack it” hit has unveiled his plans to not only create his own cryptocurrency but also a “real-life Wakanda crypto city” in his country, Senegal. дальше »
2018-6-21 13:49 | |
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The BIS’ Report on Crypto as Money: A Critical Review
The Bank of International Settlements doesn’t think that crypto can substitute money. Is their criticism justified?
дальше »2018-6-21 13:24 | |
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Akon Launches Akoin to Be ‘Savior of Africa’
US singer-songwriter Akon has become the latest celebrity to launch a cryptocurrency — as he proclaims his belief the underlying technology “could be the savior of Africa. ” Akoin ‘Will Be Center Of Transactional Life’ Originally reported by Page Six, Akon — who is originally from Senegal — revealed at this year’s Cannes Lions International Festival of Creativity that he wants to use Akoin as part of a giant 2000-acre development called Akon Crypto City. дальше »
2018-6-21 07:00 | |
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World Refugee Day: How Digital Identities Can Help a Population in Crisis
According to statistics from the United Nations Refugee Agency, there are 25. 4 million refugees in the world and some 3. 1 million asylum seekers. On this year’s World Refugee Day, we’re reminded of the perpetual crises that plague our international communities and the displaced individuals they create. дальше »
2018-6-21 02:28 | |
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Ripple VP Announces South Korea Will Become A Crypto Power House
Hailed as one of the fastest growing markets in the world, South Korea has had many international companies set its sights on expanding its Asian outputs further into the area. This was emphasised even further by Ripple’s VP, Eric van Miltenburg, who called for South Korea to relax its laws concerning cryptocurrency. дальше »
2018-6-21 23:00 | |
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Bank of International Settlements Says The Internet will Crash If Cryptocurrency Is Adopted
The Bank of International Settlements (BIS), an international financial institution that acts as a bank for central banks of nations, fostering international monetary and economic cooperation, has stated that bitcoin and other digital assets are not perfect examples of money. дальше »
2018-6-20 22:11 | |
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Singer Akon reveals Cryptocurrency while planning for Real-Life ‘Wakanda’
The 45-year-old “Smack It” singer announced Monday at Cannes Lions International Festival of Creativity that he not only is launching his own crypto, “Akoin,” but also will use it in his Akon Crypto City, a 100 percent crypto-based city in Africa. дальше »
2018-6-20 21:01 | |
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High Chance Amazon Will Partner With Ripple (XRP) In 2018
Not content with being one of the most ubiquitous companies in the world, it is speculated that Amazon is highly likely to partner with Ripple (XRP) in 2018. Ripple, an international real-time gross settlement company dealing in currency exchange, supports cryptocurrency exchanges and flat coins, has been exploring growth expansion into the banking sector. дальше »
2018-6-20 17:30 | |
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You Can Now Exchange Your Leftover Euros for Crypto at Schiphol Airport
One of the most inconvenient things about international travel is getting stuck with foreign money that can’t be accepted in your home country. Luckily for passengers and visitors to Schiphol Airport, they now have the chance to experience the benefits of a truly global currency first hand and get rid of their fiat at the […] The post You Can Now Exchange Your Leftover Euros for Crypto at Schiphol Airport appeared first on Bitcoin News. дальше »
2018-6-20 16:30 | |
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Retail Adoption of Crypto Would “Bring the Internet to a Halt” – BIS Report
The Bank of International Settlements (BIS) has leased a chapter from its forthcoming annual report that delivers a critical appraisal of bitcoin and cryptocurrency. The report attacks virtual currencies from several main standpoints: claiming that cryptocurrencies do not effectively perform monetary functions due to price volatility, that the retail adoption of blockchain-based payment mechanisms would […] The post Retail Adoption of Crypto Would “Bring the Internet to a Halt” – BIS Report appeared first on Bitcoin News. дальше »
2018-6-20 11:20 | |
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Brian Kelly responds to BIS report, says Bitcoin [BTC] needs time
CNBC Fast Money’s Brian Kelly, responding to the release of the BIS’ annual report, on Monday said that The Bank for International Settlements [BIS] and other banks are the middlemen that cryptocurrencies like Bitcoin seek to do away with. дальше »
2018-6-20 07:18 | |
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Chain Accelerator Opens Its Doors to Blockchain, Crypto Startups in France
\Chain Accelerator has launched in France. It is the first startup acceleratordedicated to the blockchain that can call Europe its home. Among the organization’s chief operators are Hyperloop Transportation Technologies chairman Bibop G. дальше »
2018-6-20 00:34 | |
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France open blockchain accelerator with small group
France became host to Europe’s first blockchain accelerator as Paris moves to become the “capital of ICOs,” Finance Magnates reports Monday, June 18. Chain Accelerator, a joint scheme involving around thirty cryptocurrency and finance entities and professionals, aims to offer mentoring to international blockchain startups. дальше »
2018-6-20 23:30 | |
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Digital Future Council Assembles Roster of Industry Leaders in Media, Tech
The Digital Future Council made its public debut on June 18, 2018, at the 2018 Cannes Lions International Festival of Creativity. With founding members from such organizations as IBM, Vice, CNN, Lego and Warner Bros. дальше »
2018-6-20 21:56 | |
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BIS Crypto Report Undermines Itself. Not Cryptocurrency.
Over the past few days, media outlets have taken it in turns to report on a recent assessment published by the Bank of International Settlements (BIS) on Sunday. Titled as “Cryptocurrencies: looking beyond the hype” and running to 24-pages, the BIS report argues that cryptocurrency would make a poor substitute for fiat currency, highlighting problems with instability; a […] The post BIS Crypto Report Undermines Itself. Not Cryptocurrency. appeared first on Crypto Briefing. дальше »
2018-6-20 18:39 | |
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Global Energy clean Generation promoted through new partnership
Swytch, a blockchain-based clean energy incentive, and MobileBridge, an international mobile engagement pioneer, have announced a partnership to drive sustainable energy generation to reduce global carbon production and to improve economic and environmental sustainability in towns and cities across the globe. дальше »
2018-6-19 16:20 | |
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Troll Slayer: Derek Magill Defends Peer-to-Peer Electronic Cash Against Defamation
What is a proud college dropout, world traveler, Ayn Rand devotee, and son of an international arms dealer doing artfully, doggedly defending bitcoin as a form of cash? Not even out of his 20s, Derek Magill is many times wiser than his chronological age lets on. дальше »
2018-6-19 14:10 | |
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Cryptocurrencies Could Make Banks Obsolete, Says Malta Bankers Association Head
As Malta cements its position as major cryptocurrency hub in the global landscape Marcel Cassar, the new Malta Bankers Association (MBA) Chairperson weighs in with his views on the sector. Cassar points to new technologies presenting opportunities in his interview with The Malta Independent, noting that Malta faces important tests including the first International Monetary Fund (IMF) Financial Sector Assessment Programme for Malta since 2003. дальше »
2018-6-19 11:00 | |
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Why Bitcoin [BTC] will not break the Internet with its bandwidth needs
OPINION: A Swiss bank has said that Bitcoin could break the Internet with its bandwidth and power needs. As a part of its annual economic report, the Bank for International Settlement detailed why Bitcoin has a “range of shortcomings”. дальше »
2018-6-19 10:01 | |
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BIS Report – Cryptocurrency is an elusive promise
The Annual Economic Report of the Bank of International Settlements [BIS] is titled “Cryptocurrencies: Looking beyond the hype”. The report is an analysis of the problems that cryptocurrencies promise to solve but actually fall short on. дальше »
2018-6-19 04:01 | |
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Cryptocurrencies Perform Worse as They Grow More Popular, BIS Report Claims
There are plenty of different opinions on cryptocurrencies. It is difficult to find the true metric to determine their success. According to the Bank of International Settlements (BIS), there isn’t any real growth. дальше »
2018-6-19 22:00 | |
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Crypto Markets See $13 Bln Price Spike in One Hour, Despite Negative BIS Report
Crypto markets experience solid gains today, despite news of a scathing report on crypto from the Bank of International Settlements
дальше »2018-6-19 20:41 | |
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Hada DBank Blockchain Project Add Two Key Officials of International Blockchain Capital to its Advisory Board
The Hada Dbank team is poised to give users highest quality blockchain-based Islamic banking services. So far, they have signed strategic deals with quite many credible firms in a bid to make their project hugely successful. дальше »
2018-6-19 18:43 | |
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BIS Warns Of Overloading In Virtual Currency Networks
Bank of International Settlements (BIS) warns virtual currency networks against overloading. The umbrella organisation for global central banks notes that blockchain technology networks will find it a challenge to bear the congestion as they become bigger. дальше »
2018-6-18 14:15 | |
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Crypto Not Scalable Enough to Be Money, Says Bank of International Settlements
The Bank of International Settlements says crypto can’t function as money, given it lacks “scalability, stability of value and trust in the finality of payments”
дальше »2018-6-18 14:10 | |
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The Central Banks’ Bank (BIS) Hates Bitcoin — Which is Reassuring
The Bank for International Settlements (BIS), a global “bank for central banks” based in Basel, Switzerland, has once more declared that cryptocurrencies are not only “not ready for prime time,” but could also “bring the Internet to a halt. дальше »
2018-6-18 14:00 | |
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Bitcoin Could Break The Internet
This week, the Bank of International Settlements (BIS), a membership group of over 60 of the worlds central banks, based in Switzerland have recently published a report that explores cryptocurrencies from both a financial and sociological/cultural perspective. дальше »
2018-6-18 13:30 | |
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Bank for International Settlements Attacks Cryptocurrencies: One Side of the Coin
In their latest Annual Economic Report, The Bank for International Settlements (BIS) has spoken out against cryptocurrencies, arguing that, ‘...beyond the hype, it is hard to identify a specific economic problem which they currently solve&rs дальше »
2018-6-18 13:25 | |
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Blockchain futures to invest in future when trying to win the banks and entire governments
Ripple is also known for the active promotion of its products and its customer-oriented approach. Ripple claims that these technologies can reduce the costs and speed up international money transactions. дальше »
2018-6-18 13:07 | |
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Halt the Internet? BIS Report Critiques Blockchain and DLT Claims
The Bank of International Settlements harshly reviewed the idea of cryptocurrencies, though it was more accepting of the idea of distributed ledgers. дальше »
2018-6-18 10:00 | |
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Bitcoin Will Become a Global Reserve Asset – Xapo President
The president of Xapo, Ted Rogers has predicted that Bitcoin will become the future of the global reserve asset. The possibility of the cryptocurrency becoming part of the list of currencies in the Special Drawing Right (SDR) of the International Monetary Fund (IMF) has been ruled out by some experts for some reasons. дальше »
2018-6-18 22:37 | |
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Blockchain Technology Will Be ‘Obsolete,’ Says Prominent Geopolitical Forecaster
George Friedman, a well-respected Hungarian-born U. S. geopolitical forecaster and strategist on international affairs, believes blockchain technology will eventually become “obsolete” — and he may be right. дальше »
2018-6-17 17:00 | |
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LianLian International Joins RippleNet to Provide Faster Payments into China
In order to support the influx of global payments sent to the Chinese e-commerce market and provide a superior customer experience, LianLian — a leading Chinese payment provider with 150 million registered users — has joined RippleNet to receive real-time, cross-border remittances and e-commerce payments. дальше »
2018-6-17 12:52 | |
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Ripple-powered Instant Payment Services Now Live with Axis Bank, RAKBANK, and Standard Chartered
In today’s increasingly globalized world — where international supply chains as well as the number of overseas workers are growing — it’s imperative to have fast, transparent cross-border payments. дальше »
2018-6-17 12:50 | |
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MoneyGram to Use XRP for Faster International Payments
To allow their customers to send and complete cross-border payments quicker and cheaper, MoneyGram — one of the world’s largest money transfer companies — will use XRP in their payment flows. The post MoneyGram to Use XRP for Faster International Payments appeared first on Ripple. дальше »
2018-6-17 12:50 | |
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BIS GM Argues New Cryptos Are “the Alchemy of the Age of Innovation”
The Bank of International Settlements (BIS), a transnational institution owned by and comprised of central banks that seeks to “fosters international monetary and financial cooperation and serves as a bank for central banks,” recently published its quarterly review of “International banking and financial market developments” for June 2018. дальше »
2018-6-17 23:20 | |
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Bank of International Settlements to Publish New Crypto Research
The Bank of International Settlements intends to publish two cryptocurrency-focused chapters of its annual report this weekend. дальше »
2018-6-16 23:00 | |
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National Bank Of Romania Believes Crypto Can’t Fulfil The Basic Functions Of Money
Reports out today highlight some insight into how Romania’s central bank, the National Bank of Romania (NBR) view cryptocurrencies. This follows an international trend that is seeing more and more central banks weigh in on cryptocurrencies, each with differing views and approaches. дальше »
2018-6-15 12:30 | |
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Top Management for International Blockchain Capital (IBC) Joins Hada DBank Esteemed Board of Advisors and Strategic Partners
Bitcoin Press Release: Top Management figures His Excellency Khurram Shroff and Mohammed Arif Ansari of International Blockchain Capital (IBC) have Joined Hada DBank Esteemed Board of Advisors and Strategic Partners. дальше »
2018-6-15 11:52 | |
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Regulations crucial says Kazakhstan finance center
Speaking at the “Blockchain Conference Astana,” the Astana International Financial Center’s (AIFC) governor Kairat Kaliyev said specifically that the AIFC is paying special attention blockchain and cryptocurrencies: “The problem of regulation of cryptocurrencies is being discussed very intensively. дальше »
2018-6-15 05:45 | |
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Western Union Deny Ripple XRP Offering
Since the announcement of a partnership between Western Union, the global money transfer service and Ripple, which saw Western Union pilot and test Ripple’s xRapid, rumours have been rife on the topic of XRP being used as a viable currency within Western Unions international money transfer service. дальше »
2018-6-14 16:30 | |
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