2021-5-3 00:00 |
The BoE has recently taken greater steps toward the rollout of a central bank digital currency.
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As cryptocurrencies keep gaining adoption in Argentina, there are discussions on how the national regulatory bodies should regulate the industry. The Central Bank of Argentina (BCRA) seems to have taken a step forward in making the picture clearer.
2021-4-6 23:30 | |
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Although major entrepreneurs have shown their support for Bitcoin, regulators, at least in Ireland, seem to have taken a step away from the asset. According to the governor of the Irish central bank, The post Central Bank of Ireland Guv: Bitcoin investors could lose ‘all their money’ appeared first on AMBCrypto.
2021-1-30 02:30 | |
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One Dutch Bitcoin exchange has taken legal action against the central bank over its controversial crypto wallet verification law.
2021-1-27 14:15 | |
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According to The Block, three large Internet companies from the Celestial Empire will join the digital Renminbi (CBDC) testing being developed by the National Bank of the country. The list of companies includes the DiDi passenger transportation service, which has already taken part in the first wave of testing. In addition to the taxi aggregator, […]
2020-12-12 20:53 | |
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Another crypto player has taken steps to go mainstream, but a lot of work still remains ahead.
2020-12-10 23:56 | |
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The platform will close all its over-the-counter (OTC) trading services because of the risks related to uncertainties from China’s regulatory policies/
2020-12-6 21:40 | |
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Over the course of the past eleven months, cryptocurrencies have emerged to become a serious asset class, one being taken note of by countries and regulatory agencies all over the world. Russia is oneThe post Bank of Russia hears commercial banks’ concerns over digital Ruble appeared first on AMBCrypto.
2020-11-28 23:30 | |
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What a year — the coronavirus pandemic that has taken the lives of millions of people around the world, economic uncertainty, and the unemployment numbers that have continued to skyrocket. As a result, governments are increasingly interested in central bank digital currencies in an effort to address the pandemic’s financial ramifications. For many years, CBDCs […]
2020-11-23 19:55 | |
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As the price of bitcoin begins to stall after the recent ascent, its appeal as a store of value asset has not diminished, according to Deutsche Bank. As reported by libertarian financial blog Zero Hedge, the investment bank’s managing director of credit strategy, Jim Reid, has taken note of the alpha currency’s latest movements.
2020-11-20 17:54 | |
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A small number of Trump supporters have taken to the street to protest not my president “the lack of transparency in the election,” as Mike Coudrey, an activist, puts it....
2020-11-7 16:08 | |
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Taurus Group has taken on licensed Swiss bank Sygnum as the latest client for its digital asset custody services.
2020-11-7 11:41 | |
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According to the Real Vision founder and CEO Raoul Pal, governments and Central Banks are much more prepared to roll out central bank digital currencies than most people think. The changes that have taken place in regulatory frameworks and overall interest in developing central digital currencies show that central banks are taking cryptocurrency technology seriously. […]
2020-10-21 00:09 | |
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According to the Real Vision founder and CEO Raoul Pal, governments and Central Banks are much more prepared to roll out central bank digital currencies than most people think. The changes that have taken place in regulatory frameworks and overall interest in developing central digital currencies show that central banks are taking cryptocurrency technology seriously. […]
2020-10-20 00:09 | |
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ECB board member Fabio Panetta said on Friday that the European Central Banks should be preparing to issue a digital euro. In a study published on Friday, the ECB said a digital euro could help an environment where citizens have abandoned cash, other means of payments became unavailable, or foreign forms of electronics have taken […] The post European Central Bank (ECB) Must be Ready to Issue a Digital Euro, Says Board Members first appeared on BitcoinExchangeGuide.
2020-10-4 16:28 | |
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The cryptocurrency craze that has taken over central banks around the world has started taking a firm grasp in South American countries. According to recent information, the central bank of Brazil has now also developed a strong interest in digital currencies.
2020-8-26 15:34 | |
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Ripple is attempting to be the world leader in the blockchain payment field. Now they’ve taken an important step in the journey of transforming the financial world into more efficient, blockchain aided systems.
2020-6-17 22:53 | |
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In the past two months, the Federal Reserve has taken aggressive and unprecedented steps to mitigate the lasting damage to the US economy from the coronavirus pandemic. Now, the central bank left its benchmark interest rate unchanged in the 0% to 0.
2020-5-1 21:11 | |
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Wyoming authorities have taken many positive steps towards the crypto market with its blockchain and crypto custody rules. The state also became the first one to pass a bill that gives direct property rights to cryptocurrency owners and might be seeing a crypto bank soon as well.
2020-4-15 20:55 | |
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Talk of CBDCs may have taken a back seat for many world central banks right now. Yet, despite claiming there was no reason for one just a couple of months ago, the Bank of Korea has unveiled a 22-month pilot plan.
2020-4-6 14:00 | |
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In a country with more mobile phone subscriptions than people, mobile banking has taken off in Thailand in a big way. After partnering with a fintech remittance company recently, Ripple is now sewing up the Thai market by joining forces with its largest commercial bank, SCB.
2020-4-1 18:00 | |
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Financial and crypto markets continue to quake as the coronavirus outbreak news worsens. Major US banks have taken steps to prevent stock buybacks that return capital to shareholders. According to reports, a group of major US banks including JPMorgan Chase, Bank of America, Citigroup, Morgan Stanley, Wells Fargo, Goldman Sachs and two others have suspended […] The post Major Banks Suspend Stock Buybacks as Interest Rates Fall to Zero appeared first on BeInCrypto.
2020-3-17 22:20 | |
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The Chinese government has taken multiple steps so far to contain the economic fallout from the coronavirus epidemic, including interest rate cuts and financial injections worth billions of yuan. It did it again this week, extending the monetary easing provided by the central bank.
2020-2-18 08:10 | |
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Central Bank Digital Currencies or CBDCs are not taken lightly anymore by government institutions across the world. After China's vocal support for a state-controlled digital asset, agencies around thThe post European Central Bank's CBDC issuance may depend on two key options appeared first on AMBCrypto.
2020-2-12 16:30 | |
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Central Bank Digital Currencies have taken the world by storm; the landscape of cryptocurrencies has evolved to an extent where central banks of various countries are now analyzing and researching wayThe post How secure are CBDCs? From security to policy, here are the risks associated with CBDC issuance appeared first on AMBCrypto.
2020-1-24 11:00 | |
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Thailand’s oldest bank, Siam Commercial Bank (SCB) has taken to change the lives of over 16 million customers by launching SCB Easy, a mobile application that runs on Ripple to deliver instant and low-cost cross-border payments.
2020-1-9 17:59 | |
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Mu Changchun, the Deputy Director of the People’s Bank of China (PBoC) has taken to De Dao, a popular Chinese education app to enlighten the masses on cryptocurrencies, including Facebook’s Libra altcoin and China’s Digital Currency Electronic Payment (DCEP) system, reports Forkast on November 18, 2019.
2019-11-18 20:00 | |
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Regulators in China have yet again taken to cracking down on cryptocurrency exchanges just weeks after President Xi Jinping publicly promoting the blockchain technology reviving the digital asset speculation.
2019-11-17 17:34 | |
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What is Litecoin in a Nutshell? Litecoin was created in 2011 by Charlie Lee, a former employee of Google, as a peer to peer currency for cheaper and faster transactions than Bitcoin. Litecoin is often described as silver to Bitcoin’s gold.
2019-11-16 22:11 | |
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Cointelegraph reports that the fiscal regulator has taken drastic measures in order to protect the foreign exchange reserves of Argentina which has been under immense stress following months of high inflation rates which has led to the slump in the country’s currency, the peso.
2019-11-2 23:14 | |
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The Central Bank of Ireland granted Coinbase an e-money license, enabling the company to expand its operations into the country and deliver products there. The American exchange had already taken steps to expand into Ireland during late-2018 when they had announced a new office in Dublin.
2019-10-12 11:00 | |
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The commotion around Libra and other stablecoins has caught the attention of a lot of regulators from across the world. The idea of a virtual asset backed by a fiat currency to facilitate payments has taken flight among several mainstream financial institutions, including the likes of JPMorgan.
2019-10-5 23:30 | |
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Burundi’s Central Bank has completely banned crypto trading in the country, specifically mentioning bitcoin, ethereum and a handful of other cryptocurrencies. The East African nation is also warning that “strong measures could be taken” against traders who flout the ban, in a statement to Bloomberg.
2019-9-5 12:32 | |
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The Republic of Burundi banned all cryptocurrencies, stating the volatile, speculative and unregulated asset class presents too much risk for citizens.
2019-9-5 00:00 | |
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In the blockchain and cryptocurrency community, there are few nations around the world that have managed to capture and legitimize the nascent industry like Switzerland has. Now, Swiss-based FOREX banking service provider Dukascopy Bank is opening up a reward program for new and existing mobile current account (MCA) users.
2019-8-2 20:19 | |
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Bitcoin Suisse, the Switzerland-based cryptocurrency broker, has taken the first steps to becoming a bonafide bank, the company has revealed. Bitcoin Suisse Applies For Banking, Securities License In a press release issued on July 16, Bitcoin Suisse, which already offers various crypto-focused financial services, also committed to using the Swiss regulatory system for its future expansion.
2019-7-19 19:00 | |
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In the past few years, the conversation about cryptocurrency has taken on the tenor of a religious debate, with people either identifying as evangelists or skeptics, maximalists or minimalists.
2019-6-23 17:00 | |
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Although numerous businesses from the countries that are hostile to cryptos, such as India and China, have taken shelter in the Australian jurisdiction, a recent publication from the central bank, Reserve Bank of Australia, evoked mixed feelings among the community owing to its clear intentions of refusing Bitcoin’s entry into the market.
2019-6-21 18:15 | |
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HSBC could be blocking crypto-related purchases Several financial institutions have taken similar measures in the past The British multinational banking company, the Hong Kong and Shanghai Banking Corporation (HSBC), seems to have been halting crypto-related transactions.
2019-6-3 10:21 | |
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Rabobank, a bank based out of The Netherlands, has decided to drop their idea of creating their own native cryptocurrency called Rabobit. The bank had announced their cryptocurrency plans in February 2018.
2019-5-23 17:25 | |
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Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets.
2019-5-13 16:37 | |
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Not long ago, it was reasonable to think that financial businesses would be the most prominent and most profitable targets of criminal activity. After all, a successful bank robbery could score you tens of thousands of dollars (or more).
2019-4-23 17:29 | |
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Decentralized autonomous organizations (DAOs) are one of crypto's more novel and ambitious applications — one that Bitcoin, until recently, has had nothing to do with.
2019-4-19 18:33 | |
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HSBC, the recognized bank and financial institution, decided to suspend an online payment made by one of its customers. The person wanted to purchase Bitcoin (BTC) that would be used to buy medical cannabis for his 70-year-old wife.
2019-4-8 19:26 | |
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This article was originally published by 8btc and written by Olusegun Ogundeji. Bitcoin has crossed the $5,000 price range again (after its first reach to that level in 2017) following a sudden breakout on April 2, 2019.
2019-4-4 18:42 | |
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In Canada, authorities have seized luxury cars and frozen bank accounts owned by the ringleaders of FUEL, an allegedly fraudulent $22-million initial coin offering (ICO) from 2017. Court documents claim “blockchain services company” Vanbex raised $22 million (CAD$30 million) in cryptocurrency and fiat by with absolutely no intention to develop the FUEL token, reports CoinDesk.
2019-4-1 17:04 | |
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Pakistan has announced plans to regulate cryptocurrencies in accordance with recommendations of the Financial Action Task Force (FATF). The regulations will be introduced immediately. Pakistan embraces digital currencies reluctantly Pakistan had previously taken a hard stance against cryptocurrencies, with the country’s central bank warning banks and other financial services providers against offering services that supported virtual currency transactions.
2019-4-1 12:04 | |
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Upon the announcement of the inclusion of cryptocurrency to social media giant Facebook alongside the recent involvement of top U. S bank JP Morgan in cryptocurrency, the entire crypto-community has welcomed the news with mixed reactions, most of which were of opposition.
2019-3-10 23:03 | |
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Eight tons of gold has been taken out of the vaults of Venezuela’s central bank as tightening sanctions push President Nicolas Maduro to take extraordinary measures to remain solvent. Per opposition legislator Angel Alvarado and anonymous government sources, the gold was removed from the central bank vaults last week.
2019-3-2 17:05 | |
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Jennifer Robertson, the widow of the late QuadrigaCX exchange CEO, appears to be liquidating and shuffling some estate assets. When QuadrigaCX founder and CEO Gerald Cotten passed away suddenly in December of 2018 in India, he was allegedly the only person with the knowledge of the exchange’s cold storage keys.
2019-2-15 22:06 | |
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The U.K. government published plans for regulating crypto last week.
Sir Jon Cunliffe looks at payment solutions of the past and future in his last speech as deputy governor of the BOE.
The Bank of England has also started recruiting for its central bank digital currency engagement forum.
The U.K. closed a consultation on a digital pound in June, something the bank thinks is likely needed.
A retail CBDC or “enhanced” digital money would support the singleness of money and settlement finality, Andrew Bailey said, but crypto isn’t money.
The digital pound roadmap is reportedly set to be introduced next week, along with a joint public consultation.
According to Jon Cunliffe, regulators needed to accelerate efforts to find a place for crypto in current frameworks based on the principle of "same risk, same regulatory outcome."