BIS Chief Bashes Cryptocurrency Again in Scathing Review of Its ‘Failure’ as Money

BIS Chief Bashes Cryptocurrency Again in Scathing Review of Its ‘Failure’ as Money
ôîòî ïîêàçàíî ñ : cointelegraph.com

2018-7-5 14:35

Bitcoin and cryptocurrency have come in for more bad press from banks as the head of the Bank for International Settlements says they “fail” as money

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money cryptocurrency banks press fail says international

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Shapeshift defeated the CEO Bitcoin debate Peter Schiff

News “Bitcoin, or a similar form of cryptocurrency, will eventually replace governments’ fiat money as the preferred medium of exchange” was the resolution for a rollicking debate between Shapeshift CEO Erik Voorhees (affirmative) and Euro Pacific Capital Inc CEO Peter Schiff, prominent cryptocurrency skeptic (negative). Erik Voorhees Vanquishes Peter Schiff at Sold Out New York

2018-7-3 14:15


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Coinbase Custody is Now Live, But Will Institutional Investors Actually Use It?

As part of Coinbase’s initiative to facilitate institutional investment in the cryptocurrency market, the exchange’s Custody service is now live in the US and Europe.   Bringing in Big Money Coinbase Custody is a service which provides secure storage for crypto-assets for eligible financial institutions and hedge funds across the world.

2018-7-3 12:00


Japanese Financial Institution Will Change Virtual Money Trading Rules

Japanese financial regulator the Financial Services Agency (FSA) is considering to change the legal basis for how it regulates cryptocurrency exchanges, local media Sankei reports July 3. The FSA reportedly is considering to regulate crypto exchanges by the Financial Instruments and Exchange Act (FIEA), instead of its current legal foundation, the Payment Services Act. Should

2018-7-3 09:06


Pearl Pay ICO

Pearl Pay is a Virtual Money Logistics System that provides worldclass and yet affordable mobile wallet white-label service for rural banks. Using the latest technology, Pearl Pay will allow rural banks to launch their own virtual prepaid mobile wallet as fast as 30 days.

2018-7-2 17:20


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Bitcoin May Bounce from $3k to $50k This Year, Says BitMEX Co-founder

BitMEX co-founder Arthur Hayes has once again reiterated his prediction that the price of Bitcoin will reach $50,000 by the end of the year — but maybe not before exploring lows around $3,000. ‘One Positive Regulatory Decision Away’ Arthur Hayes, co-founder of cryptocurrency trading platform BitMEX, has doubled down on his year-end prediction for bitcoin late last week, telling CNBC’s “Fast Money” that the market leader will hit $50,000 before the year is through — but Read More The post Bitcoin May Bounce from $3k to $50k This Year, Says BitMEX Co-founder appeared first on Bitcoinist.com.

2018-7-2 13:00


Institutional Investors Betting on Crypto’s Long-term Potential

Analysts have been predicting the entry of big money from institutional investors into the cryptocurrency market would be the catalyst for the next crypto bull run. It looks like these predictions may have been correct as the latest data from a crypto firm shows a surge of institutional interest during May this year; a surprising trend considering […] Institutional Investors Betting on Crypto’s Long-term Potential was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-7-2 01:43


Cryptocurrency May Be Used to Disrupt Elections or As Legit Campaign Donations

Critics have always been vocal about the potential usage of cryptocurrency in money laundering and the financing of a host of illegal activities. Recently, one more item has been added into their list of potential crypto issues when a cybersecurity consultant warned that these digital assets might be used to disrupt the US election process.

2018-6-29 12:04


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Could Israel Spearhead The Crypto Revolution?

There seems to be an international race on at the moment for the first country to become a serious player in the cryptocurrency revolution. Of course, Japan are leading that race by a mile, however, they don’t seem  to be so intent on winning it anyway? Either way, Israel do keep cropping up on the crypto-radar as a country that is investing time, effort and money into exploring the potential for cryptocurrency and blockchain technology in the country.

2018-6-28 17:00


Andreessen Horowitz not a catalyst in crypto-comeback, says Bart Smith

CNBC Fast Money recently tweeted an interview on the cryptocurrency market and its comeback with Bart Smith, the Digital Asset Leader of the trading conglomerate group – Susquehanna International. During the interview, Smith shared in detail, his views on various catalysts leading to the comeback of retail in crypto. On being asked if retail will […]

2018-6-27 19:24


Lithuania Forges Ahead With Its Crypto Goals Despite Potential Threats

While most countries are trying different ways to entice cryptocurrency investors/traders and projects to within their borders, Lithuania is facing a totally different kind of problem. In fact, concerns are now being raised that the nation’s vibrant crypto industry might attract a deluge of funds that they should rather not touch – illegal money from […] Lithuania Forges Ahead With Its Crypto Goals Despite Potential Threats was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-6-27 16:48