Federal Reserve Chairman: Cryptocurrencies Are Not A Threat To The Existing Financial System, Crime And Consumer Protection Are Concerns

News	2018-7-21 16:11

According to Bloomberg, Jerome Powell, the Federal Reserve Chairman, in a testimony before the House of Financial Services Committee, confidently stated that the cryptocurrency industry is currently not a threat to the existing financial system.

Cryptocurrencies Aren’t Big Enough to Be a Threat Powell was asked by Republican Congressman Patrick McHenry to give his general […].

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Источник: bitcoinwarrior.net

threat financial → Результатов: 14

Federal Reserve Chairman: Cryptocurrencies Are Not A Threat To The Existing Financial System, Crime And Consumer Protection Are Concerns

2018-7-20 20:46	Cryptocurrency News
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Framework Vigilant Monitoring of Crypto Risks Revealed by FSB

Risks related to cryptocurrencies do not pose a serious threat to global financial stability at the moment. However, the Financial Stability Board (FSB), the international organization established by the G20 to monitor the worldwide financial system, does not want to get caught unprepared.

2018-7-20 16:04
risks financial fsb vigilant framework revealed monitoring

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Global Financial Watchdog May Restrict Bank Exposure to Crypto

The Financial Securities Board (FSB) has released its report covering crypto assets for the G20 and is considering lowering the exposure of banks to cryptocurrencies. This would be to increase transparency and reduce the risk of financial instability, even though the report said crypto assets do not pose a material threat.

2018-7-17 17:56
crypto financial exposure bank report global assets

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Cryptocurrencies Pose No Threat to Global Finance but Require Vigilant Monitoring, Says FSB

In a press release issued on July 16 via its website, the Financial Stability Board (FSB) announced that cryptocurrencies do not pose a threat to the global financial system. FSB Partners with CPMI to Monitor Cryptocurrencies The purpose of the announcement was to apprise the G20 Finance Ministers and Central Bank Governors of the FSB’s activities concerning the emerging cryptocurrency industry.

2018-7-17 15:00
fsb cryptocurrencies global finance pose threat release

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Payment startup, QuickX, gains backing of former Malta fiance minister

QuickX, a blockchain project backed by by an ex-politician from of Malta, is to improve the process of conducting transactions on a decentralized platform. It’s capacity for disrupting existing structures, whether financial, governmental or societal, was seen as a threat by some establishment figures.

2018-7-16 18:30
quickx project backed blockchain malta governmental financial

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Former Finance Minister of Malta Joins QuickX’s Advisory Board

Disruptive as it is, blockchain and its accompanying cryptocurrencies are seen as anti-establishment and a threat to the traditional financial workings by governments. However, QuickX is one project that has achieved to bring a former cabinet minister and ex-finance minister of an EU nation: Mr.

2018-7-16 16:30
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International Coalition Set to Tackle Cryptocurrency Tax Crime

In a bid to fight the threat of cryptocurrency tax crime, the United States Internal Revenue Service (IRS) has joined with tax authorities from Australia, Canada, the Netherlands and the United Kingdom to form the Joint Chiefs of Global Tax Enforcement (J5), according to a press release.

2018-7-4 23:36	Law & justice
tax irs cryptocurrency revenue criminal investigation international

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EU’s Report on Cryptocurrencies: Says Officials “Should Not Ignore” Them

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	Adoption
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Euro Parliament: Cryptocurrencies Not a Threat to Central Banks

Virtual money is not going to undermine the financial power of central banks any time soon, according to a European Parliament report published last week.

2018-7-2 19:05	News
central banks parliament according soon time european

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Crypto Sector Too Small to Affect German Financial Stability, Says Gov’t Committee

A report from the Financial Stability Committee of the German Bundestag has found that the crypto industry is too small to pose a threat to the country’s financial stability

2018-6-29 03:06	Adoption
financial stability committee too german crypto small

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2018-7-21 16:11

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