Bitcoin Can Wreak Havoc by ‘Ruining’ Governments: Senior Russian Official

2019-5-21 20:25

By CCN: A top official with Russia’s State Duma (the Russian Parliament) warned that bitcoin has the capacity to ruin governments because it could facilitate the offshoring of massive amounts of money.

Nikolay Arefyev, the deputy chairman of the State Duma committee on economic policy, sounded the alarm at a May 20 press conference, Rambler reported. Official: We don’t want capital exodus from Russia Specifically, Arefyev warned that cryptocurrencies could lead to Russia’s collapse because it could trigger a mass-withdrawal of capital to offshore accounts. “If cryptocurrency worked, we would be completely ruined today because all financial flows would be

The post Bitcoin Can Wreak Havoc by ‘Ruining’ Governments: Senior Russian Official appeared first on CCN

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2019-3-2 18:58


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New York Fed: Cryptocurrency Won’t Challenge Dollar in Near Or Mid-Term

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2019-2-13 18:00


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SEC Commissioner Suggests Excessive Crypto Regulation Hurts Growth

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2019-2-12 12:35


$136 Million in Missing Crypto From QuadrigaCX Could be Gone Forever: WSJ

Canada’s largest digital asset exchange QuadrigaCX has claimed to have lost more than $136 million worth of crypto in cold wallets controlled by its CEO Gerald Cotten. In an official affidavit filed with the Nova Scotia Supreme Court by Jennifer Robertson, the widow of Cotten, Robertson claimed Cotten passed away in India with the sole control over user funds.

2019-2-8 13:16


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South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability

South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial stability. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability appeared first on Bitcoin News.

2019-2-7 16:40


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South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity

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2019-2-7 16:40


Ôîòî:

Elections Canada Consults With Political Parties on Crypto Donations

According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act.

2019-1-24 20:28


Ôîòî:

Russia: Cryptoruble Coming ‘Within 2-3 Years,’ Gov’t Official Says

Russia could introduce the Blockchain-based alternative to its fiat currency, the ‘Cryptoruble’, within “two to three years,” a senior politician has said. Aksakov: Cryptoruble ‘Will Not Differ’ From Fiat Ruble Anatoly Aksakov, chairman of the financial markets committee at Russia’s state parliament the Duma, made the forecast speaking to local news outlet RIA Novosti.

2019-1-15 16:00


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