2018-7-3 22:25 |
Bank of Finland crypto report calls blockchain a “centralized ledger” and digital currencies a “fallacy”
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The Bank of Canada recently released a report conducting new research into the different forms of consensus verifying technology used in blockchains all over the sector. In its report, the bank concluded that the superior form of consensus verification is PoW, or Proof of Work. This is the type of system employed by the biggest […]
2018-7-27 10:59 | |
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The EU’s Policy Department for Economic, Scientific and Quality of Life Policies released a report entitled “Virtual currencies and central banks monetary policy: challenges ahead.
2018-7-3 23:28 | |
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According to the latest report by Fortune, Bitcoin [BTC] has seen huge withdrawals than deposits in the month of April on Coinbase, the largest cryptocurrency exchange platform based in the U.S. The report is based on the recent analysis conducted on 500,000 users of Coinbase by Chime, a bank based in San Fransico. Bitcoin [BTC] […]
2018-7-1 14:49 | |
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Following news that the Swiss Bankers Association (SBA) has created a working group dedicated to helping local blockchain companies open bank accounts, we thought readers might be interested in comments from Gianluca Giancola, Co-founder of Zug-based blockchain-powered loyalty ecosystem qiibee.
2018-6-29 20:18 | |
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The Bank of England has warned U. K. lenders to study cryptocurrencies before doing business in the space. In a letter sent out to the financial institutions in the country yesterday, the Bank of England Deputy Governor Sam Woods warned financial companies to take appropriate steps to protect themselves against "exposure to crypto-assets" which he believes are susceptible to "fraud and manipulation, as well as money-laundering and terrorist financing risks.
2018-6-29 18:17 | |
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Recently, a Bank for International Settlements Analysis criticized several features of crypto coins and assets, making them unfit for widespread adoption.
2018-6-29 08:34 | |
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According to the latest report published by economic researchers from the KIEL Institute of World Economy, the issuance of digital currencies by a central bank would prove to be more beneficial for a healthy and stable financial system.
2018-6-28 17:10 | |
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The report goes to mention that unlike cryptocurrencies, CBDC's could ensure financial stability and be used for exchange instead of just mere speculation. The post KIEL Sees the Potential of Central Bank Digital Currency To Bring Stability appeared first on CoinSpeaker.
2018-6-28 12:28 | |
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Economic researchers at the Kiel Institute for the World Economy have identified digital currencies issued by a central bank as an opportunity for a more stable financial system, while at the same time rejecting cryptocurrencies, Cointelegraph auf Deutsch reports today, June 27.
2018-6-28 09:01 | |
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Economic researchers at the Kiel Institute for the World Economy report that central bank digital currencies could provide stability, and are different from crypto, which is too volatile
2018-6-28 06:18 | |
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A prominent bank brought an unexpected boost to the crypto industry. ING Bank released the findings of its latest crypto research report and claimed adoption could increase rapidly in the European region.
2018-6-27 21:59 | |
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An EU report has concluded that central bank digital currencies (CBDCs) could pave the way towards a more stable financial system due to their ‘disruptive’ ability. It also recognised the opportunities for oppressed countries to use cryptocurrencies, but highlighted the risks of volatility in the crypto market.
2018-6-27 23:00 | |
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Now, this intense interest in the country’s virtual currencies space is stoking fears of money laundering from the Russian criminal underground. Pushback Against Illegal Money from Russia According to a report on Politico, Marius Jurgilas – a board member of the Bank of Lithuania – discussed concerns that the Baltic state has with money pouring
2018-6-26 09:18 | |
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The northeastern European country of Lithuania has experienced a boom in cryptocurrency that has been supported by a liberal approach towards regulations in the space. Now, this intense interest in the country’s virtual currencies space is stoking fears of money laundering from the Russian criminal underground.
2018-6-26 05:00 | |
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This week, leading South Korean crypto exchange Bithumb experienced a major hack, while Mt Gox, the most notorious exchange to be hacked in bitcoin history, is also back in the news.
2018-6-24 20:05 | |
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On Wednesday, a law firm hired by Bitfinex regarding its USD-backed Tether token released a four-page report indicating that Bitfinex had assets in its bank account that accounted for and exceeded the supply of over 2.
2018-6-23 00:44 | |
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Cryptocurrency-related services in Ireland are experiencing difficulty operating their businesses as Irish lenders are refusing to work with them. Some companies had to open international bank accounts, while others halted trading altogether.
2018-6-22 23:10 | |
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The Bank for International Settlements (BIS) dedicated a full chapter to cryptocurrencies in its 2018 Annual Economic report prerelease. The report concluded that design flaws and cumbersome cost of establishing decentralized trust make cryptocurrencies fail as a viable money substitute.
2018-6-22 21:43 | |
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JP Morgan, Goldman Sachs, Bank of America and Citibank account for some 90% of $203 trillion in derivative holdings out of all 1,357 insured U.S. commercial banks according to a report... The post Just Four Banks Account For 90% of $200 Trillion in Derivatives Says OCC Report appeared first on Trustnodes.
2018-6-22 19:23 | |
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Time New Bank Market Report: $TNB Falls to Monthly Low | Digital Money Times $ {{data. price_format}} {{data. cap24hrChange_format}} % $ {{data.
2018-6-22 14:16 | |
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The Bank of Korea (BOK) on Monday argued against the issue of digital currencies by the central bank in a recent report. The bank said that launching its own central bank digital currency (CBDC) will raise the basic mechanisms of its monetary policy and make open market operations more complex.
2018-6-21 20:02 | |
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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
2018-6-21 16:38 | |
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To get rid of allegations over Tether not having the funds to back their tokens, Freeh Sporkin & Sullivan LLP, a law firm, released a report which confirmed Tether's bank deposits and assured investors that its cryptocurrency is backed by USD.
2018-6-22 13:42 | |
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The Bank of International Settlements doesn’t think that crypto can substitute money. Is their criticism justified?
2018-6-21 13:24 | |
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Tether Ltd. , which issues a stable coin allegedly tied to U. S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank deposits and assure investors that its cryptocurrency is backed by USD.
2018-6-21 23:05 | |
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Earlier this week, the Bank of International Settlements (BIS) in Switzerland issued a new document as part of its annual economic report that warns citizens of the dangers of digital currencies.
2018-6-20 22:29 | |
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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.
2018-6-20 11:20 | |
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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.
2018-6-20 07:18 | |
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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.
2018-6-20 18:39 | |
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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”.
2018-6-19 10:01 | |
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Surprise! The Bank of International Settlements has issues with cryptos, and it’s put its concerns in a report that is going viral.
2018-6-19 08:01 | |
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In a report released today by the Korean Times, The Bank of Korea (BOK), the country’s central bank, issued a statement saying that they oppose the idea of issuing a central bank digital currency (CBDC).
2018-6-23 06:52 | |
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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.
2018-6-19 04:01 | |
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South Korea’s central bank has said that it opposes the idea of issuing a central bank digital currency (CBDC). The news comes from the Bank of Korea’s (BOK’s) report about coins and the crypto-ecosystem, which looked at the possibility of issuing a CBDC and also how digital currencies might influence Korea’s financial sector as a.
2018-6-19 01:00 | |
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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.
2018-6-19 22:00 | |
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Crypto markets experience solid gains today, despite news of a scathing report on crypto from the Bank of International Settlements
2018-6-19 20:41 | |
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The Bank for International Settlements' most recent report asserts that cryptocurrencies could overburden the internet's infrastructure, but there's a little more to this than meets the eye.
2018-6-19 18:26 | |
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As previously reported, the release precedes the organization’s full annual economic report, which will be published next week. In addition, the bank claims that using a blockchain to process the volume of retail payments made daily “could bring the internet to a halt.
2018-6-18 13:58 | |
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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.
2018-6-18 13:30 | |
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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
2018-6-18 13:25 | |
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The Bank of International Settlements harshly reviewed the idea of cryptocurrencies, though it was more accepting of the idea of distributed ledgers.
2018-6-18 10:00 | |
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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.
2018-6-17 23:20 | |
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The company Ripple, which straddles the world of virtual currency and cross-border remittances, is left calm and collected by RBI’s (Reserve Bank of India’s) restriction on how banks carry out their dealings with cryptocurrencies.
2018-6-16 22:00 | |
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The Bank of International Settlements intends to publish two cryptocurrency-focused chapters of its annual report this weekend.
2018-6-16 23:00 | |
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There is substantial controversy surrounding Tether, a cryptocurrency that claims to be pegged to the U. S. dollar. According to Tether, each Tether token is backed by one U.
2018-6-14 22:01 | |
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