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Ripple Named An ‘Innovation Example’ By Bank of America For Cross Border Payments
Bank of America is easily one of the most influential and one of the largest banks in the world, so any stance of this institution holds significant weight. With the recent declaration that Ripple is an “innovation example,” the XRP community is thrilled, as one member, BankXRP, shared a screenshot from the praise-filled document. Bank […] дальше »
2019-12-11 00:07 | |
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Bitcoin Usage in Nigeria Surging Despite Govt. Caveats
The Central Bank of Nigeria (CBN) has warned that bitcoin and digital currencies are not legal tenders but Nigerians don’t seem to care. Bitcoin Adoption Rising Despite Apex Bank, Senate Warnings In its December 2019 edition of ‘The Nigerian Banker’, the Chartered Institute of Bankers of Nigeria (CIBN) highlighted how bitcoin is booming in Nigeria, despite the central bank’s anti-crypto stance. дальше »
2019-12-9 22:33 | |
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Bank of International Settlements General Manager Now Says CBDCs Could Open New Opportunity
Agustin Carstens, the General Manager of Bank of International Settlement (BIS) who earlier believed Central Bank issued Digital currencies (CBDCs) were no good, has changed his stance. In his recent speech titled “The future of money and the payment system: what role for central banks?” Carstens seemed to emphasize that CBDC's could open the gates […] дальше »
2019-12-8 23:25 | |
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India: RBI Mulling State-Owned Cryptocurrency
The Reserve Bank of India (RBI), India’s central bank, has become the latest central bank with plans to launch a central bank digital currency otherwise known as CBDC. Despite looking into the possibility of launching a ‘crypto-rupee’, the RBI still maintains its anti-cryptocurrency stance. дальше »
2019-12-7 10:00 | |
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Congressman Sherman To Chair Subcommittee For Investor Protection, Will Crypto Be Affected?
Brad Sherman, a US congressman and who is well known for his anti-crypto stance has been elected to chair a Subcommittee responsible for making decisions on entrepreneurship, investor protection, and capital markets. дальше »
2019-12-7 20:39 | |
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EU to Address Risks Before Allowing Private Digital Currencies Like Facebook’s Libra
EU finance ministers have agreed on Thursday that private digital currencies like Facebook’s Libra shouldn’t be allowed in the EU before their risks are being addressed. This means the bloc has a tough stance on the Libra, which has been widely criticized by regulators all over the world and had its influence on the financial […] дальше »
2019-12-5 17:52 | |
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Bithumb Launches Identification System to Assign Real Names to Virtual Accounts To Comply With AML
The crypto space in South Korea is among the most vibrant amongst today’s FinTech aggressive nations. This market accounts for nearly a fifth of the total crypto transactions globally despite the tough stance by authorities on cryptocurrency activities. дальше »
2019-12-4 18:17 | |
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Why is Russia Mirroring China’s Anti Crypto Stance?
Reports are emerging that Russia’s stance on crypto has turned negative. The news comes in the wake of a week of FUD stemming from another ‘bitcoin ban’ in China. It is no surprise that central banks do not favor decentralized currencies in a world where they’re racing to launch their own ones. дальше »
2019-11-30 10:34 | |
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China: 5 Crypto Exchanges Halt or Shut Services Amid Perceived Crackdown
At least five Chinese cryptocurrency exchanges have chosen to suspend or end services in line with Beijing’s purportedly toughened stance
дальше »2019-11-30 17:41 | |
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Ripple's Eric Miltenburg claims anti-crypto stance of certain markets won't last
Eric van Miltenburg, SVP of Global Operations at Ripple, was recently interviewed by Jay Kim on his podcast, The Jay Kim Show, where he spoke about his outlook for Asia, specific markets in the regionThe post Ripple's Eric Miltenburg claims anti-crypto stance of certain markets won't last appeared first on AMBCrypto. дальше »
2019-11-29 22:30 | |
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Chinese Regulators Reportedly Shut 173 Cryptocurrency Exchanges in the Country; Paves way for CBDC
Twitter handle @cnLedger on November 25, 2019, quoted the People’s Bank of China’s (PBoC) newly released China Financial Stability Report 2019, where the apex bank stated that the Chinese regulators had clamped down on 173 cryptocurrency trading and token issuing platforms in the country. дальше »
2019-11-25 18:05 | |
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Bitcoin Price Headed For $20k – $25k Zone Next Year: Analyst
The crypto market has been a disappointment lately. Lackluster bitcoin price action has intensified overall selling activity. But things are in for a welcome change, as BTC is expected to explode next year. дальше »
2019-11-24 22:18 | |
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Is Bakkt CEO Being Snubbed As Georgia Senator Due To President Trump’s Anti-Bitcoin Stance?
The Atlanta Journal-Constitution reports that President Trump wants Brian Kemp, Georgia’s governor, to appoint US House Representative Doug Colling as Senator. While Loeffler already filed her application to become Georgia’s Republican Senator on Monday, it’s believed that Kemp is the one who has to make the decision on who’s going to fill in the position. […] дальше »
2019-11-23 22:48 | |
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SEC's approach to Bitcoin ETFs highlights deeper problem: Hester Peirce
SEC Commissioner Hester Peirce has always been lauded for her pro-Bitcoin stance, with the Commissioner previously having voiced her concerns over the regulatory approach towards exchange-traded fundsThe post SEC's approach to Bitcoin ETFs highlights deeper problem: Hester Peirce appeared first on AMBCrypto. дальше »
2019-11-22 17:30 | |
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FinCEN Says Stablecoin Companies Must Observe Regulations
The Financial Crimes and Enforcement Network has revealed its stance on stablecoins. Kenneth A. Blanco, director of the U. S. government body, has declared that stablecoins are a form of money transmission and must be regulated as such. дальше »
2019-11-20 20:53 | |
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China May Use Crypto to Incentivize its Army: Pump Incoming?
China may use blockchain to organize and incentivize its military Could China’s embrace of blockchain cause another pump? The people’s republic softens its stance on crypto. China’s latest blockchain initiative could see its army rewarded in cryptocurrency tokens. дальше »
2019-11-19 23:22 | |
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China Reinforces ‘Blockchain Not BTC’ Saying Cryptos Are ‘Unregistered Security’ & ‘Illegal Ponzi’
China is taking serious action against cryptocurrencies, solidifying its stance on “blockchain not bitcoin. ” Dovey Wan, Founding Partner at Primitive Crypto shared the latest developments where CCTV1, the national flagship television network of the People's Republic of China featured a 60-minute investigative program on cryptocurrency. дальше »
2019-11-18 18:51 | |
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China’s Blockchain-Not-Bitcoin Stance Reaffirmed on State TV
In yet another significant cryptocurrency-related development coming out of China, state-run CCTV1 aired a high-profile television program on blockchain earlier today that was negative towards cryptocurrencies. дальше »
2019-11-19 17:18 | |
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Chinese Gov’t Reaffirms ‘Blockchain Not Crypto’ Stance
China’s CCTV1, a state-backed social media, ran another story on crypto assets, featuring a 60-minutes exposition with President Xi. But this time, the message was not as enthusiastic as in the past. дальше »
2019-11-18 17:09 | |
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Dow Struggles While Analyst Sounds Alarm on Dangerous Market FOMO
The Dow turned lower on Wednesday after the tariff rollback hype began to fizzle out. Inflation came in close to expectations, making it unlikely that the Fed will stray from its neutral stance. One analyst warns that the stock market rally is being fueled by a dangerous catalyst: FOMO. дальше »
2019-11-14 17:46 | |
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Chinese State Media Organization Prints Bitcoin Overview Article
A Chinese media agency recently published a detailed article on Bitcoin on the front page of its newspaper on November 11, 2019. This development is in line with China’s latest positive stance towards cryptocurrency and blockchain technology. дальше »
2019-11-12 21:00 | |
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Activist Larken Rose Weighs In on Bitcoin, Anarchy, and the Importance of Permissionless Cash
Though his latest project with partner and fellow activist Amanda Rose, Candles in the Dark, is a program helping people escape authoritarian programming through non-confrontational dialogue, there’s nothing meek and mild about Larken Rose’s stance when it comes to government. дальше »
2019-11-8 12:16 | |
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Russia Central Bank Comes Out Against ‘Monetary Substitutes,’ But Supports Stablecoins
The Bank of Russia has put out a statement saying it is against any ‘monetary substitutes. ’ That being said, the bank is currently actively studying stablecoins planned by various national governments. дальше »
2019-11-8 00:32 | |
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Keiser: Bitcoin Doesn’t Require Settlement Time, Giving It an Advantage Over Fiat Currency and Gold
Max Keiser is the host of the Keiser Report, and he is a well-known bull of Bitcoin. Considering his stance, it shouldn’t come as a surprise that he sees Bitcoin as a superior option to fiat currency and gold. дальше »
2019-11-7 22:32 | |
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IRS Playing Fair With Transparent Crypto Tax Filings
Contrary to its portrayed draconian stance on crypto taxes, the US Internal Revenue Service is playing fair. Exercising transparency in reporting numbers is the key, and may save crypto traders thousands in tax bills. дальше »
2019-11-8 20:00 | |
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Canadians Like Bitcoin More as a Store of Value
A recent survey conducted by Canada’s central bank regarding Canadians’ thoughts on Bitcoin showed interesting results. While the Bitcoin and crypto market in the US remains unregulated and uncertain, it is worth remembering that many other countries have a more positive and friendly stance towards these nascent and fledgling technologies. дальше »
2019-11-8 18:33 | |
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Chinese Government Backtracks on Proposal to Ban Crypto Mining
China has reversed their stance on cryptocurrency mining within the country, leaving the door open for increased clarity and competition. The Chinese government had previously included “virtual currency mining” on the list of banned items in the Catalogue of Industrial Restructuring Guidelines that will be enforced from January 1, 2020. дальше »
2019-11-7 21:00 | |
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China Backtracks Stance on Cryptocurrency Mining After New Guidance Document
The National Development and Reform Commission of China appears to had a change of heart on cryptocurrency mining. In the 2019 version of the Industrial Structure Adjustment Guidance Catalogue, cryptocurrency mining is no longer considered an industry that needs to be eliminated. дальше »
2019-11-6 12:14 | |
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Britain’s Tax Authority Updates Crypto Guidelines
Her Majesty’s Revenue and Customs (HMRC) has updated its guidelines on the taxation of transactions involving crypto assets. The United Kingdom’s tax authority clarifies its stance on cryptocurrencies and explains which taxes apply to specific activities carried out by business entities and private individuals. дальше »
2019-11-5 01:00 | |
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French High School Students to Get Bitcoin Introductory Classes
The French Ministry of National Education amended its syllabus to incorporate cryptocurrencies and bitcoin. Students will learn about the functions of bitcoin. While this will be covered as a supplementary topic, it might help spark the interest of students. дальше »
2019-11-5 16:59 | |
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Huobi Exchange To Stop Serving US Customers In Mid-November; Withdrawal Your Crypto Now
The vague stance towards the regulation of the cryptocurrency industry in the United States is gradually locking out more and more exchanges from operating in the country. Earlier in the year, Huobi exchange included a clause prohibiting US customers from trading on the platform on its Terms and Conditions, but a couple of traders have […] дальше »
2019-11-3 17:49 | |
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Xi’s Throwaway Blockchain Quote is Sparking China’s Crypto Frenzy Again
Blockchain business begins to boom in China. Bitcoin runs off the back of blockchain adoption, creating a vast grey area in the country. Provinces all over China start to heed President Xi’s call to action. дальше »
2019-11-1 14:56 | |
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Who Caused the 42% Bitcoin (BTC) Rally?
The Bitcoin rally late last Friday added a dramatic 42% gain to its peak at above $10,000. The days before that saw seemingly disconnected “whale” transactions going to exchanges. Chinese Traders Not the Whole Story But then, the markets were on fire, with the common cause seen as “the Xi Effect”. дальше »
2019-10-30 17:58 | |
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China Launches Blockchain Propaganda App That Measures Communist Party Loyalty
Xi Jinping recently reiterated his blockchain-positive stance, praising the technology for its vast application. One application that the president of China did not specifically mention, but is coming to fruition, is its possibility to measure dedication to the Communist Party. дальше »
2019-10-31 17:01 | |
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Will Bitcoin Mirror Tom Lee’s Bullish Stance on S&P 500?
Fundstrat co-founder and bitcoin analyst Thomas Lee has confirmed his belief that 2019 may be the start of a new bull market for the S&P. Will this hold true for BTC too? Analysis by Thomas Lee Confirms S&P Bull Market This Monday, the Fundstrat co-founder tweeted out his analysis of the state of S&P 500. дальше »
2019-10-30 12:33 | |
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Bitcoin Will ‘Never’ Crack China Due To Politics, Says Weiss Ratings
Bitcoin will not see official acceptance in China, ratings agency Weiss Ratings has declared as hype continues over the country’s Blockchain stance. Weiss: Bitcoin ‘Antithesis’ Of Chinese Politics In a tweet on October 28, Weiss, which has become well known for its no-nonsense tone on social media, said China would “never” use Bitcoin . дальше »
2019-10-29 13:30 | |
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Social media searches for Bitcoin booming as China Merchant Bank invests in popular BTC wallet
Search volumes for “Bitcoin” on China’s social media platforms have spiked sharply following the Chinese government’s announcement of an openly bullish stance on blockchain and its various applications, including digital finance. дальше »
2019-10-29 07:32 | |
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Crypto Market Reverses: Bitcoin Resumes Bullish Stance
The massive Bitcoin surge at the end of last week brought some much-needed energy to the crypto markets. The initial catalyst has been suggested as General Secretary Xi Jinping’s speech coming out in support of blockchain technology, although plenty of doubters believe that whale traders are using major news as cover for leveraged trades. дальше »
2019-10-29 20:04 | |
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China’s President Xi Jinping’s ‘blockchain shill helps Bitcoin awareness’
One of the biggest boosts for the blockchain and cryptocurrency space this year unexpectedly came from China. With the country changing its stance from banning Bitcoin and other cryptocurrencies to launching its own digital coin, CBDC. дальше »
2019-10-28 22:30 | |
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What triggered Bitcoin’s price to suddenly surge 10% within minutes? Traders react
The Bitcoin price surged from $7,600 to $8,400 within a span of minutes on Oct. 25, almost immediately after Chinese President Xi Jinping said that China would focus on blockchain development. Is China a factor? Some investors anticipate that the rare release of a positive stance of the government of China on blockchain development could […] The post What triggered Bitcoin’s price to suddenly surge 10% within minutes? Traders react appeared first on CryptoSlate. дальше »
2019-10-26 19:58 | |
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Why Has Goldbug Peter Schiff Changed Stance on Cryptocurrency
There are a number of known cryptocurrency and Bitcoin detractors so when one makes a bullish statement it is time to pay attention. Gold investor Peter Schiff is one that regularly argues up his own investments and down digital ones but maybe he is finally warming to crypto. дальше »
2019-10-24 08:30 | |
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Why did Facebook change stance on cryptocurrency ads? Congresswoman Waters questions Mark Zuckerberg
Facebook CEO Mark Zuckerberg testified before the House Financial Services Committee, supporting the Libra initiative and reasoning out previous allegations in relation to breaking the users’ trust. дальше »
2019-10-23 18:38 | |
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Is Peter Schiff Warming Up To Bitcoin With His Anti-Trump Tirade?
Serial Bitcoin basher and gold investor Peter Schiff has had a rare moment and change in stance on BTC in a recent tirade about the dire state of the US economy. US Debt Out Of Control There is no disputing the fact that US national debt is spiraling out of control. дальше »
2019-10-22 11:00 | |
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TikTok fights back against ISIS propaganda
TikTok, the song-and-dance social media app that’s spiked in popularity this year, is allegedly the site of the latest attempt by the Islamic State terrorist organization (ISIS) to spread propaganda. дальше »
2019-10-22 02:43 | |
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Telegram Holds ‘GRAM Isn’t A Security’ Stance; As Courts Postpone Hearing To Feb 2020
New York District Court to Postpone TON’s Hearing to Next Year A court hearing at the Southern District Court of New York was booked for October 24, as SEC obtains an emergency restraining order on the issuance of Gram token which SEC itself proclaimed illicit. дальше »
2019-10-21 17:01 | |
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