2023-5-13 20:20 |
Leadership at the Fed will likely have an impact on how the U.S. government handles the potential issuance of a central bank digital currency. origin »
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The Nigerian government continues to devalue its currency, the naira, according to reports from the central bank. The bank offered naira at a recent auction at 380 to the dollar, an increase of over 5%.
2020-7-7 17:13 | |
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Monaco, long known as a tax haven and a playground for billionaires, is close to becoming a digital currency hub after the government approved an ambitious security token project’s broader issuance plans on Thursday, reports CoinDesk.
2020-6-26 21:07 | |
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Satoshi Nakamoto famously quoted the Times in the genesis block of Bitcoin. The message showed that the government was on the brink of a second bank bailout early in January 2009. Nakamoto’s analysis had shown him that central bank meddling would leave entire nations without a trustworthy currency.
2020-6-21 21:31 | |
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Bitcoin has faced down many setbacks over recent years. BTC trading has been banned by the Chinese government. Executives from Goldman Sachs and other institutions have come out against the cryptocurrency.
2020-6-15 23:00 | |
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Buying Bitcoin is so far the best way to bet against the government in its handling of money. As Satoshi intended, it is where money and state separate. While it was born in the aftermath of the 2008 financial crisis when all trust in government was lost, world governments have been masking their financial and […]
2020-6-12 18:47 | |
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The government is considering a law to ban virtual currency while confusion about the... The post Indian Government considers federal ban on cryptocurrency — again appeared first on Coin Journal.
2020-6-13 15:06 | |
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While Bitcoin created an alternative financial system independent of government, Libra’s architecture depends on the existing fiat currency system – and on the whims of the governments that control it.
2020-6-3 16:35 | |
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Switzerland’s top financial regulator, Financial Market Supervisory Authority (FINMA) grants local banks, InCore, the first license to transact digital currencies. This adds to the accelerated efforts from the Swiss government in the blockchain field so far in 2020 with the government looking to implement a central bank digital currency (CBDC). InCore, first Swiss bank licensed […]
2020-5-31 16:23 | |
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The Chinese government has been working swiftly to digitize its currency. The stakes, however, are rising. After adopting blockchain technology as part of its national program last year, it became clear that China’s own ‘digital yuan’ (DCEP) would someday be released.
2020-5-28 05:15 | |
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The fallout between the United States and the Iranian government, which led to the implementation of strict sanctions by the United States has begun to intensely affect the performance of the Iranian currency.
2020-5-7 14:33 | |
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Lebanon is facing an unprecedented economic crisis and the local currency has already lost about 60% of its value. The central bank’s policies have come under fire while citizens are protesting how the government handles the economic meltdown which led to people’s living situation deteriorating “terrifyingly.
2020-5-5 20:30 | |
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The Bank of Japan has just announced that there will be no limit to the amount of yen available to finance the buying of government bonds. Essentially, the central bank is now prepared to create as much fiat currency as is needed to support the struggling economy.
2020-4-28 09:15 | |
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When Libra was first announced in June 2019, it was pitched as a global digital currency pegged to a basket of bank deposits and short-term government securities. These assets were to be denominated in a range of historically stable international currencies, including the dollar, pound, euro, Swiss franc and yen.
2020-4-24 00:00 | |
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The digital currency developed by the Chinese central banks and government will certainly be something to behold. It now seems that the first trial run of the currency is underway. It has been rumored for some time now, but China’s national digital currency has finally arrived.
2020-4-22 05:00 | |
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Agricultural Bank of China (ABC), one of the “Big Four” financial institutions controlled by the government of the People’s Republic of China (PBoC), has launched a mobile application for testing the nation’s central bank digital currency (CBDC) dubbed DE/CP.
2020-4-15 21:00 | |
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According to a key figure in the Japanese Government, the Asian nation should quickly launch its own digital currency
2020-3-20 08:54 | |
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Bitcoin is experiencing one of the most challenging periods in its twelve-year history, but let’s leave the panic aside and imagine what the largest crypto would look like if it were physical. How Much Space Would Bitcoin Get? Most regulators and government officials prefer to refer to Bitcoin as virtual currency, and for very good reasons – the cryptocurrency supply resides on servers rather than our pockets and suitcases. Thanks to the magic of blockchain, […]
2020-3-14 16:00 | |
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According to Kokesh, the proposed token will enable the American government to relinquish power back to the locals. The AP press release further wrote that AmeriCoin will develop a new monetary system that replaces the outdated and largely expensive fiat currency for the American people.
2020-3-13 20:41 | |
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According to local media, Global Times, a reliable government resource has confirmed that the planned launch of its digital currency electronic payment (DCEP) will not launch in the first quarter of 2020 due to the spread of CoronaVirus.
2020-2-26 17:24 | |
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Vladimir Potanin, a Russian businessman with interests in the metal and airline industry, has been given permission by the Russian government to launch his own blockchain – Atomyze – with a digital currency for customers to use while transacting with his business.
2020-2-26 18:00 | |
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Members of Japan’s ruling Liberal Democratic Party have put forward a proposal urging the government to prepare to issue a digital currency.
2020-2-18 14:09 | |
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Members of Japan’s ruling Liberal Democratic Party have put forward a proposal urging the government to prepare to issue a digital currency.
2020-2-19 14:09 | |
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The American government’s long-running war on privacy escalated this week following the arrest of Coin Ninja’s Larry Harmon on money laundering charges. A Department of Justice statement that “seeking to obscure virtual currency transactions in this way [using mixers] is a crime” means that bitcoiners risk prosecution simply for exercising their right to privacy.
2020-2-14 15:00 | |
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The government should ensure consumers can use the preferred currency instead of launching a digital currency, according to U.S. think tank the Heritage Foundation
2020-2-13 20:42 | |
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A senior lawmaker of Japan’s ruling party has advised the government to include plans for its central bank digital currency (CBDC) in its mid-year policy guidelines and look to launch its digital yen in two to three years.
2020-2-10 16:00 | |
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Japanese lawmakers want the government to push for talks on central bank digital currency (CBDC) during the next G7 summit holding in the summer. US Should Set CBDC Agenda for G7 Partners According to Reuters, a parliamentary group led by Akira Amari of Japan’s Liberal Democratic Party (LDP) wants the country’s government to consider issuingRead MoreRead More.
2020-2-7 14:00 | |
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Reports are emerging that Japan has been urged to accelerate its central bank digital currency development in order to compete with China. Crypto Yen in 2020? According to Reuters a group of Japanese ruling party lawmakers has urged the government to issue the country’s own crypto currency.
2020-2-7 13:00 | |
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As China storms forward with its digital currency, other countries aren’t sitting idle. The leaders of six major central banks will hold their first meeting in April. Six Central Banks to Meet in April In response to the rising threat from government and corporate-backed digital currencies, central banks from six major global economies announced a coalition last month.
2020-2-7 15:00 | |
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Retail merchants in Venezuela are refusing to accept Petro payments as hyperinflation is causing massive devaluation upon liquidation of the crypto at the banks. Meanwhile, the country’s government has reintroduced price control inspectors as part of efforts to pressure stores into accepting the country’s state-issued digital currency.
2020-2-4 00:00 | |
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China’s central bank digital currency (CBDC) has been shrouded in mystery. Some have labeled the development as a tracking tool for an authoritarian government. Others have been more generous. Both...The post Don’t Call China’s Digital Currency a Crypto Project appeared first on Cryptocurrency News.
2020-2-4 17:14 | |
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Japan is actively discussing the launch of a digital version of its sovereign currency, the yen. The “digital yen” would be a joint initiative between the government and the private sector.
2020-2-3 16:00 | |
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The National Institute for Smart Governance (NISG), a non-profit body launched by the government of India, releases its draft strategy on blockchain and cryptocurrencies. According to the official draft, the government of India should work towards releasing a central bank digital currency (CBDC), and a governing body to regulate the blockchain industry. NISG drafts blockchain […]
2020-1-29 21:14 | |
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India’s National Strategy on Blockchain has been published. It recommends, among other things, for the Reserve Bank of India (RBI) to issue a central bank digital currency. The Ministry of Electronics and Information Technology tasked the National Institute for Smart Government with drafting this national policy.
2020-1-29 14:30 | |
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With China reportedly speeding up the development of its national currency, the digital yuan, some researchers and government officials have called on the Chinese government to exercise caution. While Facebook’s Libra might be a threat, there are suggestions that the government should instead work with global regulatory bodies to regulate cryptocurrencies such as Libra.
2020-1-28 12:00 | |
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The Swiss government is spooked by concerns on the sustainability of FaceBook's Libra as a global currency. This adds to regulatory concerns raised by global regulatory authorities on the viability of the Libra token.
2020-1-21 18:38 | |
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A bill has been introduced in the U. S. state of Oklahoma to establish a new type of state-chartered financial institution that will be “the central depository for virtual currency used by governmental agencies in this state.
2020-1-20 21:01 | |
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On Friday, The North American Bitcoin Conference (TNABC) convened for its final day with a great deal of well known speakers from the blockchain and cryptocurrency industry. The slew of speakers discussed topics like the future of crypto mining, SLP tokens, digital currency enterprise solutions, creating new markets, and what to expect from government regulation […] The post Simple Ledger Protocol Shines During the Final Day of TNABC Miami appeared first on Bitcoin News.
2020-1-18 04:35 | |
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Chinese party officials show interest in a manual on digital currencies as the government opens to blockchain technology
2020-1-13 15:09 | |
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According to the Venezuelan government, millions of families have used the petro, the country’s national digital currency, to pay for goods and services. As shoppers rush to spend their coins, merchants are reportedly struggling, effectively forced to sell goods at a deep discount.
2020-1-7 14:00 | |
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In China, all eyes are on the government and its central bank digital currency. This has allowed Baidu to get ahead of the pack and launch its own currency. This new currency, known as Xuperchain, is an actual cryptocurrency.
2020-1-7 07:00 | |
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While Venezuela’s government remains committed to its Petro digital currency project, a leading fast-food restaurant in the country has announced to now start accepting cryptocurrency payments. In a recent twitter announcement, Burger King Venezuela has partnered with Cryptobuyer – payment platform – to enable customers to pay using Ethereum, Litecoin, Dash, BNB, Tether, and Bitcoin. […]
2020-1-6 21:50 | |
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Recently, the US government’s revenue service, the IRS made a few changes to its set of FAQs on crypto assets. Charity organizations that are generally exempted from tax collections have to report virtual currency based donations on Form 990, the agency said on December 26.
2020-1-3 17:00 | |
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The government of the British Virgin Islands has recently announced that it will not be launching its own stablecoin, despite local media reports of a pegged digital asset being in development. BVI Denies Digital Currency Rumors Only two weeks ago, around December 3rd, the government of the British Virgin Islands (BVI) announced that it will launch its own stablecoin — BVI-LIFE.
2019-12-18 13:06 | |
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It may not be the time yet to have an electronic Swiss Franc for the population. The Swiss government considers that there are more risks than benefits in this digital currency that could eventually destabilize the financial system.
2019-12-14 19:25 | |
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The Swiss government has knocked the proposal of creating a central bank digital currency off the table in response to the Swiss Parliament requesting the government to look into the prospects of creaThe post Switzerland's Federal Council states CBDCs may risk financial stability appeared first on AMBCrypto.
2019-12-13 17:38 | |
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The Swiss government has quashed the idea of offering a digital currency, saying it currently presents more problems than opportunities
2019-12-14 15:54 | |
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A digital Swiss franc would do more harm than good and bring financial risks, according to the nation's government.
2019-12-14 15:30 | |
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In this regulatory roundup, we cover the U. S. SEC approving a bitcoin futures fund, the new IRS tax form targeting crypto owners, and several more steps taken by the U. S. government toward crypto regulation.
2019-12-9 16:35 | |
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A conversation with Michelle Bond, Ripple’s Global Head of Government Relations The entrance of Facebook’s Libra whitepaper has caught the world’s attention. While many look to the U.S. to help define a framework for digital assets and blockchain regulation, the question remains: Will policymakers strike the right balance between fostering innovation and protecting consumers? What … Continued The post Digital Currency Regulation Around the World appeared first on Ripple.
2019-8-9 23:00 | |
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Cowen, a veteran analyst and research group, believes that Walmart will face less political opposition than Facebook if and when it decides to launch its own cryptocurrency. Government Likes Walmart Better Than Facebook? Walmart revealed last week that it was looking into the creation of a stablecoin, via a patent filing.
2019-8-7 20:23 | |
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The White House is raising pressure on Senate Democrats ahead of a Sept. 15 vote on the CLARITY Act, arguing that lawmakers have already had enough time to reach a deal on crypto market structure.
A senior White House official has accused major banking trade leaders of refusing to join earlier talks on stablecoin rewards, escalating a dispute that has become one of the final pressure points ahead of the Senate Banking Committee taking up the CLARITY Act this week.
Bitcoin Magazine White House Reaches Tentative Crypto Regulatory Agreement: Report Key senators and the White House have reached a tentative agreement on crypto legislation to resolve a dispute between banks and digital asset firms.
The Securities and Exchange Commission (SEC) and the Commodities Futures Trading Commission (CFTC) have submitted rule proposals to the White House to oversee the crypto industry and prediction markets, advancing their efforts to provide clarity and regulate emerging markets.
Bitcoin Magazine White House Executive Director: Trillions Are Waiting To Enter Bitcoin And Crypto, Working Hard on Market Structure Bill The White House executive director said trillions are poised to enter Bitcoin and crypto, emphasizing ongoing work on a market structure bill.
Bitcoin Magazine Bitcoin Price Crashes 6% to $84,000 As Market Braces for Next Catalyst The bitcoin price erased a rally above $90,000 in less than 24 hours as it dumped to $84,000.
Bitcoin Magazine White House to Host Crypto and Banking Executives for Talks on Stalled U. S. Crypto Bill The White House is reportedly convening banking and crypto executives on February 2 to revive stalled U.