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Has South Korea Joined the Central Bank Crypto Race?
The South Korean central bank is the latest in the list of national banks to reveal its intentions towards central bank crypto (CBDC). South Korea Joins Crypto Research Race According to local media, the Bank of Korea has begun hiring crypto-asset experts signaling that the central bank may begin developing its own CBDC. дальше »
2019-12-13 11:00 | |
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$980 Billion Dutch Banking Giant, ING, To Step Into Cryptocurrency Custody Game
ING, a Dutch bank, is presently seeking to get involved in cryptocurrency with a new custody solution of their own. According to reports from Reuters, sources familiar with the matter have stated that the new technology will make it possible for clients to store digital assets with the bank. дальше »
2019-12-12 17:39 | |
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Bitcoin-Friendly Bank SEBA Expands to Nine More Countries
SEBA Bank AG, a Swiss-based, lender licensed by the nation’s Financial Market Supervisory Authority (FINMA) to offer a range of traditional banking services as well as cryptoassets products to its clients, has now expanded its operations to nine new jurisdictions including Italy, Germany, and Singapore, among others, according to reports on December 12, 2019. дальше »
2019-12-12 13:43 | |
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Lithuania’s Apex Bank taps Blockchain Technology for Digital Coin
Bank of Lithuania (Lietuvos Bankas), the 97-year-old financial institution that functions as the nation’s central bank, has announced plans to roll out a distributed ledger technology (DLT) powered digital collector coin dedicated to the country’s past leaders who fought for its independence, according to a press release, December 9, 2019. дальше »
2019-12-10 16:30 | |
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Lithuanian Central Bank Launches A Digital Currency, But It’s Not What You Think
The Act of Independence of Lithuania has been a major event in the history of this country, and it will soon be honored in the blockchain industry, according to board member Marius Jurgilas. According to a recent press release from the Bank of Lithuania, the financial institution will be releasing a digital collector coin, based […] дальше »
2019-12-10 00:46 | |
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Bitcoin, cryptocurrencies to eventually replace fiat: Deutsche Bank’s study
Can cryptocurrencies ever replace fiat? This has been a subject of debate for many years now. According to Deutsche Bank's latest study, the answer could be yes. Deutsche Bank’s analyst Jim Reid's nThe post Bitcoin, cryptocurrencies to eventually replace fiat: Deutsche Bank’s study appeared first on AMBCrypto. дальше »
2019-12-8 01:30 | |
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Crypto Tidbits: Deutsche Bank Gives Nod to Bitcoin, EOS to Host Social Media, France Digital Currency
Another week, another round of Crypto Tidbits. Bitcoin saw an effectively flat week, gaining 0. 08% over the past seven days according to Coin360. com. Altcoins have posted similar results, or rather, a lack of results, with a majority of cryptocurrencies posting gains or losses of a percent or two. дальше »
2019-12-8 22:35 | |
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Millennials Turn to Bitcoin, Shun Visa, For Retirement
Millennials are turning their attention to Bitcoin as part of their retirement portfolios, according to research from Charles Schwab. In the bank and brokerage firm’s industry-leading benchmark on retirement plan participant investment activity within self-directed brokerage accounts (SDBAs), a breakdown of individual equity holdings among American Baby Boomers, Gen Xers, and Millennials were compared. дальше »
2019-12-6 21:38 | |
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Kraken Announces the Swiss franc (CHF) as Its Sixth Fiat Currency
Kraken, one of the oldest bitcoin trading venues in the world, has announced the addition of the Swiss franc (CHF) to the growing list of fiat currencies supported on the exchange. In collaboration with its new banking partner, Bank Frick, Kraken will now offer users CHF deposits and withdrawals, according to a blog post onRead MoreRead More. дальше »
2019-12-6 18:00 | |
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Repo Markets Gain Another $70 Billion, USD Continues to Weaken
The New York Fed provided another massive cash injection into the repo market, this time adding over $70 billion. According to recent reports, the Federal Reserve Bank of New York injected yet another major amount in temporary liquidity on December 4th. дальше »
2019-12-5 16:27 | |
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Will Europe Beat China in the Central Bank Crypto Race?
The European Central Bank has been urged to move quickly w. r. t it’s crypto euro launch if it is to gain the edge over other regions (read China). Crypto Euro Plans Pursued According to a Reuters report Bank of France, Governor Francois Villeroy de Galhau spoke at a finance conference in Paris this week urging the bank to accelerate its crypto euro plans. дальше »
2019-12-5 11:02 | |
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France Announces Digital Currency Venture: Crypto Bulls Roar
According to a report from the AFP News Agency, France’s central bank will be launching a digital asset (decisively different than a crypto asset) in the coming year. France to Launch Digital Currency The outlet reported via Twitter, the Bank of France’s governor, Francois Villeroy de Galhau, said in a recent statement that his organization. дальше »
2019-12-5 00:19 | |
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ECB: Central Bank Digital Currencies Could Be Used To Improve Payment Systems
A digital currency could be used by the European Central Bank (ECB) in order to improve payments around the world. According to a document released by the ECB, adoption of this digital asset could be accelerated due to the lower cash usage in several countries. дальше »
2019-12-5 22:12 | |
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No Demand for a State Digital Currency in Japan: Central Bank Governor
There is no public demand for a central bank digital currency in Japan, according to Bank of Japan Governor Haruhiko Kuroda
дальше »2019-12-4 13:52 | |
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Switzerland's FINMA-licensed crypto-bank reveals expansion plans
SEBA Bank AG, the Switzerland-based digital assets focused bank, is now all set to extend its service to "clients from select foreign jurisdictions." According to an exclusive report, the bank is consThe post Switzerland's FINMA-licensed crypto-bank reveals expansion plans appeared first on AMBCrypto. дальше »
2019-12-2 18:30 | |
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Deutsche Bank Reveals the Real Reason Stock Market Is at All-Time Highs (& Why It Can’t Continue)
The US stock market is at all-time highs, but what's driving this ten-year bull market? It's stock buybacks, according to Deutsche Bank. The post Deutsche Bank Reveals the Real Reason Stock Market Is at All-Time Highs (& Why It Can’t Continue) appeared first on CCN.com дальше »
2019-12-2 16:53 | |
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South African Central Bank Rolls Out New Rules for Digital Assets
The South African Reserve Bank (SARB) is planning on new rules for the usage of digital assets, in a bid to stop illegal fund transfers. New Rules for Crypto Usage May Attempt to Limit Transfers According to local news reports, cited by BusinessReport, the new rules will be applied by the end of the first quarter in 2020. дальше »
2019-12-2 15:06 | |
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Coinbase Holds a Whopping 966,230 Bitcoin ($7B) in Cold Wallet
According to recent reports, Coinbase has a whopping 966,230 Bitcoin in its cold wallet. The exchange is increasingly becoming like a ‘bank’ which stores a growing number of deposited cryptocurrency assets. дальше »
2019-12-2 06:34 | |
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Russian Central Bank Will Support Legislation To Ban Cryptocurrencies Due To Risk
The Bank of Russia, known as the central bank of the country, has recently offered its opinion on banning cryptocurrencies. According to it, a crypto ban is not out of question right now. If the legislative level of the government decided to ban cryptos, the bank would fully support the decision. At the moment, the […] дальше »
2019-11-30 22:30 | |
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Poland Is Buying Gold When It Should Be Buying Bitcoin
Poland has bought 100 tons of gold from the Bank of England, making it the 22nd biggest bullion holder in the world. Would it benefit from putting this money into Bitcoin instead? According to BNN Bloomberg, the Central Bank Governor Adam Glapinski told reporters that the gold reserves represent “the strength of the country. дальше »
2019-11-29 17:06 | |
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Russia's Central Bank supports prohibition of Bitcoin payments
According to a report released by a local Russian media outlet, the Central Bank of the Russian Federation supports the idea to prohibit payments made using Bitcoin, if it follows appropriate legislatThe post Russia's Central Bank supports prohibition of Bitcoin payments appeared first on AMBCrypto. дальше »
2019-11-29 16:35 | |
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Marco Polo Blockchain Platform Adds BNY Mellon, Credit Agricole, and MUFG
The Marco Polo consortium welcomes the Bank of New York Mellon (BNY Mellon), Japan’s MUFG, and Credit Agricole in their blockchain-based trade finance platform according to a press release by Ledger Insights dated November 26. дальше »
2019-11-27 14:00 | |
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Will China’s Crypto Yuan be Used for Retail Payments or Mass Surveillance?
China’s blockchain drive has been about one thing: getting its people used to a state-backed crypto asset. The People’s Republic is determined to get its crypto yuan out as soon as possible and bankers have stressed that it will be for retail use. дальше »
2019-11-27 10:00 | |
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Ex-China Central Bank Governor Talks About Upcoming Digital Yuan and Its Benefits
The current president of the Chinese Finance Association, Zhou Xiaochuan, has recently talked about the upcoming digital yuan. According to the economist, who has worked as the former head of the People’s Bank of China, the country’s central bank, China will continue on its path to create a digital yuan to be used for both […] дальше »
2019-11-27 00:51 | |
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Former French Central Bank Exec Calls for more Blockchain Integration
In a bid to transform the French financial industry, Denis Beau, the First Deputy Governor of the Bank of France, proposed the use of blockchain technology in euro payment settlements within the Eurozone whilst at the Second Annual Capital Markets Technology and Innovation Conference, according to an Econotimes report, November 26, 2019. дальше »
2019-11-26 16:00 | |
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A Blockchain-Based Excise System Promises Efficiency to Thailand’s Oil Industry
Blockchains are being used across the world for their ability to serve as a robust accounting ledger that can be shared and distributed in real-time across the world. According to the Bangkok Post, the Thai excise department is in talks with Krungthai Bank (KTB) to launch a blockchain-enabled system to make the tax payment andRead MoreRead More. дальше »
2019-11-26 00:00 | |
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Tax Refund System by Excise Department in Thailand to Use Blockchain
The Excise Department is working with Krungthai Bank to develop a blockchain-based tax refund system. This department is also seeking ways to integrate blockchain technology in the tobacco, liquor, and other industries. дальше »
2019-11-26 22:24 | |
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Chinese government shuts down 173 crypto exchanges and token issuers
Almost 200 cryptocurrency exchanges and token issuing platforms have been shut down. According to the People’s Bank of China’s (PBoC) financial report, the country will continue to crack down on “unlicensed payment” businesses, which include online lending institutions and other financial companies operating on the internet. дальше »
2019-11-26 22:15 | |
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TransferGo Partners With Ripple to Offer Global Real-Time Payments Everywhere to Everyone
In 2018, TransferGo partnered with Ripple on a program to help Indian migrant workers send money home to their families faster than ever. Today, the company can transfer funds from a sender in Europe to a recipient bank account in India in just a few minutes. дальше »
2019-11-26 22:04 | |
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Bitcoin Whale Defies Traditional Finance, Moves $310 Million with $0.32 Fee
A Bitcoin whale has moved a colossal 44,000 ($310,280,282) BTC from one untracked wallet to another for a fee that is considered pocket change to the developed world, according to TheNextWeb, November 24, 2019. дальше »
2019-11-26 21:00 | |
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China Shuts Down 173 Cryptocurrency Exchanges and Token-Issuing Platforms
China has reportedly shut down all cryptocurrency exchanges operating within the country, according to a Twitter update from Chinese blockchain outlet CnLedger. CnLedger quoted the People’s Bank of China (PBoC) Financial Stability Report (2019), stating that “the 173 Chinese virtual-currency trading and token issuing platforms have all exited without risk. дальше »
2019-11-25 16:06 | |
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Crypto Worth $6.7 Million Seized from Kiwi Programmer
During a movie piracy setup crackdown, Hamilton Police seized $6. 7 million in cryptocurrency from a software programmer. According to recent reports, law enforcement officers in Hamilton, New Zealand successfully arrested a 31-year old programmer and movie pirate Jaron David McIvor. дальше »
2019-11-23 15:30 | |
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Chinese Central Bank Confirms Anti-Crypto Sentiment: Blockchain, Not Bitcoin
The Shanghai branch of the People’s Bank of China has just commented on crypto yet again. According to the announcement, published on Friday, the branch of the Chinese central bank has observed a resurgence in cryptocurrency-related speculation through ICOs, IEOs, STOs, and other capital-raising/token distribution methods. дальше »
2019-11-22 12:35 | |
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Blockchain to be regulated by China’s central bank
The People’s Bank of China (PBoC) wants to create a better standard for regulating new technologies in the financial industry. According to Xinhua News Agency, the regulations will apply to 17 different categories in the fintech industry, including blockchain, AI, and cloud services. дальше »
2019-11-21 17:50 | |
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Focus Shifts to Bitcoin (BTC) as HSBC Closes an Account Linked to Hong Kong Protestor Funding
In a bid to protect the Crypto market, HSBC shutters an account that is alleged to have been used to fund protestors in Hong Kong. This is according to a recent release by the Hong Kong Economic Journal dated November 18. дальше »
2019-11-21 22:48 | |
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Second Largest Australian Bank Broke AML Laws More Than 23 Million Times
Westpac, Australia’s second-largest bank, violated money laundering laws 23 million times and could be fined AUD21 million (US$15. 7 million) per breach. Westpac Banking Corp, the second-largest bank in Australia, currently faces multiple accusations. дальше »
2019-11-20 11:10 | |
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Bank of Japan Studying Digital Currencies, Says Governor
Japan may be the latest country whose central bank is looking to launch a sovereign digital currency. However, authorities in the country say there is no rush towards creating a digital Yen even as the CBDC wars appears to be gaining momentum. дальше »
2019-11-20 10:00 | |
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Supreme Court of India Holds Crypto Hearing Regarding the Reserve Bank of India (RBI) Restrictions
According to a report by Bitcoin.com, a crypto hearing was held by the Supreme Court of India. The hearing was over writ petitions challenging restrictions on banking by the Reserve Bank of India. Although the hearing was scheduled for Tuesday, it took place on Monday at the order of the senior counsel, which placed the […] дальше »
2019-11-20 02:06 | |
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Royal Bank of Canada Denies Any Intentions of Launching a Cryptocurrency Exchange
Recent news reports were speculating that the leading Canadian financial services provider is expanding operations to crypto. This was first reported by The Logic, a Canadian news source; other outlets picked up the story leading to hype about the ‘strategy’ by RBC. дальше »
2019-11-19 22:37 | |
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Amid Upheavals Across the World, Bitcoin Still Falls
106 people have been killed in Iran according to Amnesty International in the past few days that have seen a bank being burned. In Lebanon, they have shut down parliament.... The post Amid Upheavals Across the World, Bitcoin Still Falls appeared first on Trustnodes. дальше »
2019-11-20 22:05 | |
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Bank of Japan's Governor supports digital currency research, not issuance
While China continues to work towards launching its own stablecoin, Japan practices caution. According to a report, the Governor of Bank of Japan, Haruhiko Kurado, has said that the central bank has nThe post Bank of Japan's Governor supports digital currency research, not issuance appeared first on AMBCrypto. дальше »
2019-11-19 16:30 | |
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China Launches Digital Bank Consortium Blockchain Investment Fund
A fintech company in China has launched a global digital bank consortium blockchain investment fund with the aim of creating a leading digital bank. China Turning Digital Cao Tong, Chair of Shenzhen’s Hande Financial Technology Holdings Co. дальше »
2019-11-19 20:01 | |
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Anonymity in China’s Crypto Yuan is Bad News for US Lawmakers
While the US drags its regulatory feet and gets bamboozled by bureaucracy, China forges ahead and could launch its own digital currency within a few months. Crypto Yuan Nearing According to a central bank official, China’s planned crypto yuan is not all about spying on its citizens. дальше »
2019-11-13 08:53 | |
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Will US Rates Go Negative and Boost Bitcoin? CME Chief Doubts It
According to the Chief Economist of the CME Group, Blu Putnam, the US Federal Reserve is unlikely to pursue a policy of negative interest rates even in the event of a severe recession. Putnam says that the central bank is more likely to experiment with different tools than adopt the controversial policy than many argue […] The post Will US Rates Go Negative and Boost Bitcoin? CME Chief Doubts It appeared first on BeInCrypto. дальше »
2019-11-13 00:46 | |
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