Fed Pumps-In Over 12.7 Million Bitcoin Equivalent of Funds to Keep the Financial Market Liquid

2019-11-15 16:58

The New York Fed added $104. 293 billion in a single day to financial markets on Thursday. The Federal Reserve had to loan banks the equivalent of 12,700,000 bitcoin last night to stabilize the financial system.

— Rhythm (@Rhythmtrader) November 13, 2019 This addition came in two parts, one via overnight repurchase agreement and the other […].

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Formosa Financial (FMF) на Currencies.ru

$ 0.0004577 (+0.00%)
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France shares President Trump’s apprehension about Facebook’s Libra

A source in France’s Finance ministry has disclosed that France would take the same stance as made clear by President Trump’s tweets earlier today, reported Financial Times. More specifically, the ministry shares the idea that allowing a private company to set up the equivalent of a national currency was a red line that cannot be […] The post France shares President Trump’s apprehension about Facebook’s Libra appeared first on AMBCrypto.

2019-7-13 01:30


Bitcoin [BTC]: All that glitters is not gold; can the digital equivalent oust the real thing?

With Bitcoin and the larger cryptocurrency community pushing the boundaries against the traditional financial realm, one of the main assets to feel the pinch is the prime commodity Gold. Often touted as the digital equivalent of gold, Bitcoin has seen a slew of real-world adoption and in its race against gold, has proven to be […] The post Bitcoin [BTC]: All that glitters is not gold; can the digital equivalent oust the real thing? appeared first on AMBCrypto.

2019-5-5 16:30


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UK financial watchdog asks the public how to regulate cryptocurrency

Bitcoin and other cryptocurrencies (cryptoassets) have caused regulators many headaches in recent years. In the latest twist in crypto’s regulation saga, the UK’s financial watchdog has launched a consultation on existing guidance around cryptoassets amid fears that companies could be putting consumers at risk by offering unauthorized services.

2019-1-24 17:00


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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


Berkeley Professor Questions Stablecoin Viability in Unflattering Op-Ed

University of Berkeley Professor Barry Eichengreen has taken a swipe at the viability of stablecoins in an op-ed published on Project Syndicate. The critique, entitled “The Stable-Coin Myth,” argues stablecoins are not automatically "viable" just because they are pegged to an asset, though Eichengreen does believe they have an advantage over "conventional cryptocurrencies" such as bitcoin which he says "is highly unstable" and "unattractive as units of account.

2018-9-13 18:07


CBDoken ICO

CBD has been observed to deliver health benefits and is widely used in lifestyle and medicine. With the purchase, sale and possession of CBD products legal in most countries, CBDoken finally solves the problem of: (1) a non-transparent global pricing of CBD; (2) massive fluctuations in terms of quality; (3) and a zero established financial market for CBD products.

2018-7-1 11:11