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190 Indian Bank Branches Raided in Massive Fraud Crackdown
India’s Central Bureau of Investigation has reportedly raided over 190 bank locations nationwide in an effort to crack down on fraud involving at least 15 banks. As many as 1,000 officers were involved in what is now one of the largest coordinated searches in India this year. дальше »
2019-11-6 12:03 | |
State Bank of India Chief Says Crypto Regulation Is a Must
The chairman of the State Bank of India (SBI) has spoken in favor of cryptocurrency regulation in an interview. He believes that it is necessary to regulate cryptocurrencies. Last week, the chairman attended IMF meetings in Washington, D. дальше »
2019-10-25 13:05 | |
Former IBM Director Enters Blockchain Project as Chief Business Officer
Former IBM Director Enters Blockchain Project as Chief Business Officer In a recent press release, Credits announced a new employee, Jennifer Trelewicz, formerly Director of the Systems & Technology Laboratory at IBM, CTO of Google Russia, and Director of Risks & Market Data at Deutsche Bank. дальше »
2019-10-16 18:00 | |
Swedish Central Bank Head: Facebook’s Libra Was A ‘Shake The Tree’ Event To Kick Start Reform
Sweden’s central bank chief has explained that Facebook’s Libra cryptocurrency should serve as a catalyst for central banks around the world to rethink their role and reform to incorporate the digital age. дальше »
2019-10-16 21:10 | |
Libra an ‘Important Catalytic Event,’ Says Swedish Central Bank Chief
The head of Sweden’s Riksbank says Facebook’s Libra is shaking central banks globally into action
дальше »2019-10-16 12:58 | |
ING says bank-owned digital currencies are coming — and we’re all doomed
Whether you like it or not, central bank digital currencies are coming. We just don’t know when exactly. According to Dutch bank ING’s financial and banking experts, a “fully-fledged central bank digital currency is coming. дальше »
2019-10-14 12:54 | |
Bitcoin Eyes Price Rally as Fed Announces Pseudo-QE
Bitcoin is about to become a hot asset as the US central bank goes ahead with its pseudo-quantitative easing program, believes a few bigwigs. Travis Kling, the chief investment officer at California-based Ikigai Asset Management, called bitcoin “an insurance policy” against Jerome Powell’s decision to resume Treasury purchases. дальше »
2019-10-10 17:00 | |
ING Chief Economist: Central Bank Cryptocurrency Developments Will Happen in Next 2-3 Years
Mark Cliffe, chief economist of ING bank believe that central banks around the globe would move towards creating their own digital currency. Cliffe was responding to a question on when would a central bank among G20 nations can launch a full-fledged digital currency. дальше »
2019-9-28 00:15 | |
Former UBS Chief Says Blockchain Technology is Beneficial to the Financial Sector
The former President of Swiss bank, UBS AG, Peter Wuffli, who now serves as the director of the cryptocurrency bank, Sygnum AG, recently shared his thoughts on the potentials of cryptocurrency and blockchain technology. дальше »
2019-9-27 13:00 | |
Stock Market Strategist Predicts Bullish Run for Dow Jones, S&P 500 into 2020
The stock market may be facing a one-two punch of the whistleblower complaint and the U. S. /China trade war, and the major indices may be down four of the last five days, but don't let that get in the way of bullish long-term expectations. дальше »
2019-9-27 01:53 | |
Bank Of England Chief Asks Community To Embrace A Centralized Crypto Asset To Replace The Dollar
First, they dismiss and laugh at you, then they criticize you, they fight you and you win. This is how the struggle for Indian Independence went according to Mohandas Gandhi, but the same path is kind of similar to the one that cryptocurrencies are going through right now. The only difference is that rather than […] дальше »
2019-9-7 03:34 | |
Ripple’s Swell 2019 Update: Former IMF Chief Economist And Governor Of India’s Central Bank Announced As Keynote Speaker
Ripple’s Swell 2019 event is getting ready to be started in November on 7th and 8th. The event is known for bringing together the trusted voice across financial services, payments, technology, and policy to share what’s unfolding in global payments. дальше »
2019-8-15 19:49 | |
Falling Renminbi Serious Use Case for Bitcoin: DBS Chief Economist
A weakening Chinese Yuan (Renminbi) is helping to fuel the bullish sentiment of bitcoin, according to Taimur Baig of DBS’ Singapore unit. The chief economist told Financial Times that the recent run-up in the bitcoin price took place after the People’s Bank of China (PBoC) forced the value of the renminbi below $0. дальше »
2019-8-14 17:00 | |
China’s central bank announces completion of virtual currency after meticulous planning since 2014
Mu Changchun, Deputy Chief in the Payment and Settlement Division of the People’s Bank of China [PBOC], recently announced at the third “China Finance 40 Yichun Forum”, that the development period of People’s Bank of China’s [PBOC] digital currency was near completion and it was “said to be ready. дальше »
2019-8-11 12:33 | |
Bank of China publishes infographic explaining why bitcoin is valuable and how its value keeps increasing
Samson Mow, the chief strategy officer at Blockstream, revealed on July 27, 2019 that the Bank of China has published an article that explains how Bitcoin works, and why its price keeps increasing. дальше »
2019-7-28 00:46 | |
Bank of China publishes infographic explaining why Bitcoin is valuable and how its value keeps increasing
Samson Mow, the chief strategy officer at Blockstream, revealed on July 27, 2019 that the Bank of China has published an article that explains how Bitcoin works, and why its price keeps increasing. дальше »
2019-7-30 00:46 | |
German Central Bank Chief Snubs Bitcoin Skeptic Trump, Supports Libra
According to Mati Greenspan, Libra has garnered some support at long last, and from an unlikely figure no less. Citing a recent article, which he translated via Google, the eToro analyst noted that the President of the Bundesbank, the central bank of Germany, lauded the Facebook-backed crypto project. дальше »
2019-7-19 13:30 | |
Secret's Out: Goldman Sachs is Scouting its Cryptocurrency Chief
Look out, Facebook! Goldman Sachs is now hiring a cryptocurrency project manager. The firm wants their new project manager to lead the development of Distributed Ledger Technology. The Wall Street bank's foray into cryptocurrency is part of its GS Accelerate initiative. дальше »
2019-7-12 11:51 | |
‘Bitcoin is not a currency,’ but a highly volatile asset, says European Central Bank’s Chief Economist
The European Central Bank [ECB] is moving towards reviewing its policy framework and along with it, recently carried out an #AskECB session over Twitter. ECB’s executive board member and Chief Economist, Philip R. дальше »
2019-7-10 18:00 | |
Iran Central Bank Deputy Chief Tells Citizens Trading Bitcoin Is Illegal
The deputy governor of the Iranian central bank told media outlets that trading bitcoin and other cryptocurrencies within the country is illegal. Iranian residents took to the pioneer cryptocurrency as a means of securing their wealth as the Iranian Rial depreciated over the past three years, as reported by Tasnim News Agency on July 8, 2019. дальше »
2019-7-9 01:00 | |
RippleNet Holds “Great Revenue Potential”, “Undoubtedly” Help Customer Service: Deputy Group CEO Of National Bank Of Kuwait
Shaikha Al-Bahar, Deputy Group Chief Executive Officer of National Bank of Kuwait (NBK) recently delivered a speech at the Arab-British Economic Summit in London emphasizing on the importance of embracing FinTech as an opportunity to thrive and not just survive. дальше »
2019-7-7 19:30 | |
India claims its Aadhaar push is for the ‘good’ of people despite serious privacy concerns
Last year, India’s top court ruled that the central government’s national identification system – Aadhaar – doesn’t violate the privacy of citizens. Now, there are three major developments on this front that might put privacy activists on high alert. дальше »
2019-7-5 16:08 | |
Nordic Growth Market (NGM) Lists Mini Futures Cryptocurrency Contracts Backed by Vontobel
On Thursday, 4th of July 2019, Nordic Growth Market (NGM), a Swedish stock exchange, announced that it has listed Ether-based as well as Bitcoin mini futures. Vontobel, an investment bank, which recently launched tracker certificates on Litecoin, Ether, Bitcoin and Ripple will be backing the derivative products. Per the listing, Tommy Fransson, the deputy chief […] дальше »
2019-7-5 21:26 | |
Bitcoin (BTC) At $20,000 By Year End Then Opens Up $40,000 Says Novogratz
Mike Novogratz, founder and chief executive of Galaxy Digital, the crypto-focused merchant bank, says bitcoin will be trading at $20,000 before the year is out. In a telephone interview with Bloomberg he also rode back. дальше »
2019-7-3 18:14 | |
Facebook’s Libra Could Castrate Central Banks, Says Ex-World Bank Chief Economist
Central bankers and other makers of monetary policy have every reason to fear Facebook’s cryptocurrency Libra, according to a former chief economist of the World Bank. Libra will make it impossible for central banks to control inflation Per Kaushik Basu, who was the World Bank’s chief economist from 2012 to 2016, Libra will render the […] The post Facebook’s Libra Could Castrate Central Banks, Says Ex-World Bank Chief Economist appeared first on CCN Markets дальше »
2019-6-29 18:21 | |
Goldman Sachs to Create a Bitcoin-like Crypto Asset; Competes with Libra
Goldman Sachs Group is interested in exploring the possibilities of launching a crypto asset like bitcoin, according to the bank's chief executive officer David Solomon. The post Goldman Sachs to Create a Bitcoin-like Crypto Asset; Competes with Libra appeared first on NewsBTC. дальше »
2019-6-28 15:18 | |
Australia’s Central Bank Chief Wants To Bury Some Of The Hype Around Libra
Australia’s central bank chief, Philip Lowe, believes that even after the release of Facebook's Libra cryptocurrency, it will be a long time before the Libra "becomes something we're using all the time." дальше »
2019-6-21 19:17 | |
Bank Of England Chief Economist: Crypto Has “Huge Potential”
As international guidelines surrounding crypto take shape, a senior economist at the Bank of England (BoE) has reiterated the institutions’ commitment to supporting the development of digital assets. дальше »
2019-6-10 17:51 | |
Chinese Yuan Tumbles, A Break Through $7 Would Get “Bitcoin Bulls Excited”
Since May 13, Chinese Yuan has been trading in a tight range of 6. 90 and 6. 95 which finally broke down and tumbled 0. 5%. The biggest in three weeks to a low of 6. 962 vs the US dollar, the lowest level since November 2018. дальше »
2019-6-8 19:59 | |
Dow Disaster: How Trump Created a $5 Trillion Stock Market Crisis
By CCN: The Dow recoiled on Friday after President Trump dragged the United States into a trade conflict with Mexico, wreaking havoc on an already-fragile stock market. As Wall Street buckles up for yet another tariff-induced shellacking, equities analysts warn that Trump’s trade war tab is coming due, and the cost already adds up to a staggering $5 trillion. дальше »
2019-6-2 20:00 | |
Morgan Stanley Rings Recession Alarm, Ignores Booming Economy
By CCN: An analyst at vaunted investment bank Morgan Stanley made himself look like the village idiot Monday, saying America’s economic outlook is crumbling toward recession even as the economy booms. дальше »
2019-5-29 00:38 | |
European Central Bank: Bitcoin isn’t a threat, cryptocurrency not a new asset class
The European Central Bank (ECB), Eurozone’s chief financial regulator, has released its report on cryptocurrencies and their implications on the financial stability of the region. The paper took a neutral stance towards digital assets and said that they weren’t a threat to the economy. дальше »
2019-5-25 15:13 | |
Bitcoin Price Boom Signals Massive Dystopian Panic Over 2019 Recession: Analyst
By CCN: The sudden swell of Bitcoin’s price to $8,000 USD this year shows global recession fears are mounting. This according to Michael Hartnett, the chief investment strategist at Bank of America Merrill Lynch. дальше »
2019-5-20 17:30 | |