2019-9-17 12:10 |
The Libra Association is to be grilled by 26 central banks over the perceived risks to financial stability posed by the crypto project.
Similar to Notcoin - TapSwap on Solana Airdrops In 2024
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Benoit Coeure of the European Central Bank says that stablecoins like Libra pose serious risks to public policy priorities
2019-9-17 20:19 | |
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Global financial regulators and central banks are calling in officials from Facebook’s Libra cryptocurrency to explain the potential financial risks the stablecoin poses in the global fintech industry.
2019-9-16 16:07 | |
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The Libra Association is to be grilled by 26 central banks over the perceived risks to financial stability posed by the crypto project.
2019-9-16 12:10 | |
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A forum of central banks will meet with Libra on Monday to assess the purported financial stability risks of the project
2019-9-16 22:40 | |
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The Swiss National Bank (SNB) is afraid that digital currencies like Facebook’s Libra might impede the central bank’s capability to initiate and implement monetary policy. This is the conclusion of Thomas Jordan, chairman of SNB’s governing board.
2019-9-6 15:00 | |
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Germany’s economy shrinks, fuelling risks of a recession and fears of economic contagion throughout Europe. Unfortunately, central banks have limited resources to reduce the effects of broad-based economic decline.
2019-8-16 22:42 | |
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The Central Bank of Kenya (CBK) has given its take on Facebook’s Libra cryptocurrency project. The apex bank has said that Libra comes with phenomenal risks that need to be properly understood, reports local news source, Telecompaper on July 22, 2019.
2019-7-23 05:00 | |
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Holding, selling, and purchasing of bitcoin are illegal in Iran, an official with the central bank told Tasnim News. Deputy governor for new technologies, Mr. Nasser Hakimi, said on Monday that the Supreme Council on Countering Money Laundering had banned bitcoin trading.
2019-7-8 12:03 | |
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Japan's central bank has joined the regulators worldwide expressing concerns over the potential risks posed by Facebook's Libra cryptocurrency.
2019-7-3 12:00 | |
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The Bank for International Settlements (BIS), an institution owned by the world's central banks, has issued a stark warning about the likes of Facebook, Alibaba, and Google disrupting the established financial system.
2019-6-25 16:18 | |
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The Bank for International Settlements (BIS), an institution owned by the world’s central banks, has issued a stark warning about the likes of Facebook, Alibaba, and Google disrupting the established financial system.
2019-6-24 16:18 | |
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Special thanks to Jinglan Wang for review and feedback One question that often comes up is: how exactly is sharding different from sidechains or Plasma? All three architectures seem to involve a hub-and-spoke architecture with a central “main chain” that serves as the consensus backbone of the system, and a set of “child” chains containing actual user-level transactions.
2019-6-14 04:03 | |
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The Bangko Sentral ng Pilipinas will continue to regulate cryptocurrency use in the country, senior officials have said.
2019-6-11 11:43 | |
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Japan’s Ministry of Finance on June 9, 2019, published a joint statement from the various G20 finance ministers and central bank governors requesting the Financial Stability Board (FSB) to keep a close eye on risks surrounding crypto-assets.
2019-6-10 15:00 | |
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By CCN Markets: Global finance ministers and central bankers reconfirmed their multilateral support of crypto-industry regulations on the weekend in Japan. They were attending the G20 Finance Summit ahead of the Leaders’ Summit in late June.
2019-6-10 14:38 | |
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Coinspeaker G20 Welcoming Efforts of Global Regulatory Bodies on Crypto RegulationFollowing June 9 G20 meeting in Fukuoka, Japan, the G20 finance ministers, and central bank governors filed a request with the Financial Stability Board (FSB) to monitor cryptoassets-associated risks.
2019-6-10 13:26 | |
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The head of Germany's central bank has said central bank digital currencies could destabilize financial systems and worsen bank runs.
2019-6-3 16:04 | |
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The head of the central bank of Russia says she does not want to legalize Bitcoin and other cryptocurrency as a payment method – because of risk and volatility. Bitcoin Has ‘Big Risks’ Speaking to the country’s parliament, the Duma, about the Bank of Russia’s impact over 2018, Elvira Nabiullina continued an increasingly bearish stance on cryptocurrency.
2019-5-31 12:00 | |
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The president of Germany’s central bank has warned about the potential risks of introducing digital currencies
2019-5-29 16:37 | |
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As the G20 summit approaches, member countries have been discussing how to implement the standards set by intergovernmental organizations such as the Financial Action Task Force. While there may be some challenges in complying with the standards, the European Central Bank says the risks crypto assets pose to the euro area’s financial stability are manageable.
2019-5-29 04:55 | |
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The Reserve Bank of Malawi said that crypto is not legal tender in the country, while the bank is against crypto-related activities
2019-5-27 19:04 | |
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To Bitcoin or Not to BitcoinDuring the “scaling debate” before the SegWit2X user-activated soft fork (UASF), Bitcoin businesses were getting their first bitter taste of Bitcoin’s censorship resistance.
2019-5-21 21:10 | |
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By CCN: The European Central Bank (ECB) has found that crypto does not pose risks to financial stability in the Eurozone. The central bank does recommend, however, that European legislatures create a uniform approach to crypto-assets.
2019-5-19 15:40 | |
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NASSCOM: Including crypto would help RBI develop a better understanding of risks Payments Council of India says crypto should be a part of the sandbox as there is no outright bank Technology industry lobby groups along with startup founders are asking the banking regulator, Reserve bank of India to include cryptocurrency in its proposed regulatory […]
2019-5-16 20:28 | |
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By CCN. com: The Bank of Canada and the Monetary Authority of Singapore (MAS) has conducted a successful pilot test of central bank-backed crypto assets to clear cross-border and cross-currency payments.
2019-5-2 14:33 | |
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A Medium post published by Spencer Bogart, a general partner at Blockchain Capital, compares data collected from a set of surveys from October 2017 and April 2019 containing identical questions (plus a few new ones).
2019-5-1 18:55 | |
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North Korea could pose a threat to countries across Southeast Asia as it looks to exploit cryptocurrency exchanges due to gaps in regulatory frameworks, according to a new report.
2019-4-25 17:04 | |
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The Pakistani government will now regulate local cryptocurrency firms under new legislation. Local news outlet The Express Tribune reported that the government of Pakistan will introduce Electronic Money Institutions (EMI) regulations based on the recommendations of the Financial Action Task Force (FATF).
2019-4-2 01:33 | |
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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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When the Federal Reserve conducts stress tests to measure risk in the U. S. financial markets, it may study “extraordinary” events like a “collapse in the Bitcoin market. ” Indeed, the U.
2019-3-2 02:46 | |
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Spain’s central bank has issued a reminder to citizens warning of the risks involved in transacting in crypto
2019-2-11 16:53 | |
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But it’s not all doom and gloom.
2019-2-9 23:21 | |
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French financial regulators and the national central bank have responded to the news that tobacco shops will start selling Bitcoin in 2019. In the post, they reiterate the risks associated with investing in or trading digital assets.
2018-11-26 23:00 | |
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French cryptocurrency platform Keplerk has partnered with tobacco shops in the country to start offering Bitcoin to customers from early next year. French regulators and the Central Bank of France have warned consumers about the risks associated with investing in digital currencies.
2018-11-23 01:40 | |
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One of the advantages of the cryptocurrency marketplace is that it simply does not follow the trends of the regular stock market. It moves with the popularity of social media and other factors, and the various changes to regulatory measures can impact specific areas without moving the market as a whole. Still, it is a […]
2018-11-21 10:52 | |
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Central Bank Of Azerbaijan Affirms That It Doesn’t Plan To Issue Its Own Crypto The Central Bank of Azerbaijan has recently affirmed to the local media that it would not follow the worldwide trend to release state-baked cryptos.
2018-11-16 22:39 | |
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The member of the board of the European Central Bank called the first cryptocurrency a malicious outcome of the 2008 global financial crisis and warned world central banks of the dangers and risks of digital currencies.
2018-11-19 15:38 | |
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The International Monetary Fund’s managing director and chair outlined the benefits and risks of a central bank digital currency while presenting a new IMF report on the subject.
2018-11-15 21:22 | |
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The International Monetary Fund’s managing director and chair outlined the benefits and risks of a central bank digital currency while presenting a new IMF report on the subject.
2018-11-15 21:22 | |
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Very few positive stories come out of China with cryptocurrency in the headlines. This one is no different as the central bank has continued with its rhetoric over the risks of dealing with digital currencies.
2018-11-9 16:00 | |
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The Volentix digital assets ecosystem is composed of four core applications. VENUE is a dynamic community platform that recruits and aligns members of the VOLENTIX community to support distribution of the native VOLENTIX digital asset VTX.
2018-11-9 21:30 | |
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The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities.
2018-11-5 22:04 | |
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The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities.
2018-11-7 22:04 | |
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The International Monetary Fund (IMF) and the World Bank have weighed in on sovereign considerations and global implications of blockchain and other financial services technologies.
2018-10-15 19:01 | |
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Chinese Central Bank Issues Advisory Against ICOs After an impressive performance in 2017, ICOs have had it tough since the beginning of 2018. For this reason, the Chinese Central Bank has issued an advisory cautioning investors of the enormous risks that are associated with digital currencies and ICO crowdsale events. In a statement issued from […]
2018-9-21 18:51 | |
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The People’s Bank of China (PBOC) on Tuesday issued another notice to the citizens, urging them to beware of the risks in investing in cryptocurrencies and initial coin offerings (ICOs). The latest public notice comes from the Shanghai branch of the PBOC, which sought to “remind” consumers and investors to be aware of the risks of […] Chinese Central Bank Issues Another Notice Against ICOs and Crypto Trading was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.
2018-9-21 23:49 | |
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Initial Coin Offerings (ICOs), Cryptocurrency–As the cryptomarkets approach the tenth month of a prolonged bear cycle to characterize 2018, it seems hardly a week goes by without more negative press towards ICOs.
2018-9-19 05:23 | |
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The People’s Bank of China (PBoC) have issued a public warning in order to mediate the risks of cryptocurrency trading and initial coin offerings. This comes after authorities in China have taken significant steps to reduce the cryptocurrency community to very little in China.
2018-9-18 15:30 | |
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The IMF (International Monetary Fund) has advised against the Republic of the Marshall Islands’ idea to bring in a digital currency as a second legal tender as well as the US dollar. The Marshall Islands are based in the central Pacific as a remote chain of islands.
2018-9-11 23:00 | |
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| Analogue Notcoin - TapSwap |
The introduction of central bank digital currencies could have major implications on the stability, the report said.
Participants will be restricted to using the CBDC only for payment, without an option to store, exchange or send it to other users.
Project mBridge has put together a slick publication with lots of new information to let the world know what the hottest project in CBDC is.
Existing stablecoins aren't fully compliant with relevant regulatory requirements, a report by the Committee on Payment and Market Infrastructures said.
IMF managing director Kristalina Georgieva says digitalization is “the most important way” to scale up financial inclusion.
It is unacceptable that unclear or outdated legal frameworks could hinder their deployment, Agustin Carstens general manager of Bank for International Settlements said.
BaFin’s top executive stresses the risks of crypto and calls for global regulation to apply to all financial centers — without exceptions.