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Did PayPal Purchase Hyperwallet Using Ripple XRP?

PayPal has agreed to enter a $400 million deal to acquire fintech company Hyperwallet Systems Inc. But did the online payment processing company pay for the acquisition using cash or the cryptocurrency Ripple (XRP)? Since its inception in 2000, Hyperwallet has grown to such a size that it is now able to disburse payments to more than 200 countries in a number of ways. дальше »

2018-6-29 13:00


Cryptocurrency still cruising as US Federal Reserve Bank Recognizes it

One of the 12 regional Reserve Banks in the US central banking system, The Federal Reserve Bank of St. Louis, have added four cryptocurrencies to its database. Bitcoin, its off-spring from a fork, Bitcoin Cash, Litecoin, and Ethereum are the four cryptocurrencies which were chosen and daily data on their prices will be listed on […] The post Cryptocurrency still cruising as US Federal Reserve Bank Recognizes it appeared first on ZyCrypto. дальше »

2018-6-28 17:44


Malaysian Crypto Company Belfrics Group Resumes Their Digital Currency Exchange in India

Belfrics Group, a Malaysia-based crypto exchange, will resume its operations in India after a six-month hiatus. The company shut down its digital currency exchange earlier this year before the Reserve Bank of India officially announced a ban on banking companies, payment companies, and NBFCs supporting with crypto entities. дальше »

2018-6-27 16:35


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Bahamas to Introduce Own Crypto, Aims to Digitize Government, Financial Services

The Central Bank of Bahamas has officially announced plans to introduce a national cryptocurrency, as well as blockchain-powered digitization of Bahama’s government and financial services. The announcement was made by Deputy Prime Minister K Peter Turnquest on Friday, June 22, during the Bahamas Blockchain and Cryptocurrency Conference. дальше »

2018-6-27 13:28


Bitcoin Unlikely to Take Off in Australia, An RBA Official Suggests

Dr. Tony Richards, head of payments policy at the Reserve Bank of Australia, said that the stability of the Australian dollar would make widespread Bitcoin adoption in the country unlikely. He also suggested that the local use of the currency is so limited that the central bank does not consider it a major impact on […] Bitcoin Unlikely to Take Off in Australia, An RBA Official Suggests was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »

2018-6-27 22:23


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No Cryptos Planned for Issue by Central Banks in Australia and New Zealand

The central banks of Australia and New Zealand denied they would issue their own cryptocurrencies June 26, in a speech calling Bitcoin “fascinating” but “inefficient.” Addressing the Australian Business Economists in Sydney, Tony Richards, head of the Reserve Bank of Australia’s (RBA) payments policy, appeared hawkish on cryptocurrency as Australia’s government devotes considerable funds to дальше »

2018-6-26 17:07


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The Central Banks Of Australia And New Zealand Against Cryptocurrencies

The trend of ‘central banks’ talking about cryptocurrencies is warming up once more, with The Reserve Bank of Australia (RBA) and The Reserve Bank of New Zealand (RBNZ) weighing in on the debate. The pair have moved to debunk rumours that they are investigating in establishing their own central bank digital currency, on the basis that they believe such a project would inevitably damage their current banking system. дальше »

2018-6-26 17:00


Money Laundering Worries in Lithuania caused by the Roaring Cryptocurrency Market

Now, this intense interest in the country’s virtual currencies space is stoking fears of money laundering from the Russian criminal underground. Pushback Against Illegal Money from Russia According to a report on Politico, Marius Jurgilas – a board member of the Bank of Lithuania –  discussed concerns that the Baltic state has with money pouring дальше »

2018-6-26 09:18


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Next Up, A Central Bank Digital Currency For The Bahamas

The Bahamas, a Caribbean paradise, or an area of poverty masked by tourist ideology, is the next country to allegedly be dabbling within central bank orientated cryptocurrencies. Such currencies, also known as Central Bank Digital Currencies (CBDC) are being used in experiments worldwide to investigate how cryptocurrency could be used to help enhance or compliment sovereign FIAT currencies. дальше »

2018-6-26 04:00


Swiss National Bank is Skeptical of National State-Issued Crypto

Business Insider reported that Thomas Moser, a key member of management at the National Swiss Bank, believes that governments have lost interest in state-issued crypto or digital currencies. Thomas Moser: “Enthusiasm Has Slowed” For National Crypto While at a cryptocurrency conference in Zug, Switzerland, the representative of the bank gave a Business Insider journalist an. дальше »

2018-6-24 06:17


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Bahamas Centrak Bank set to unveil cryptocurrency pilot project

The Central Bank of the Bahamas is planning to introduce a government-backed pilot digital currency, Jamaica Observer reported June 22. Speaking at the Bahamas Blockchain and Cryptocurrency Conference earlier this week, Deputy Prime Minister and Minister of Finance of the Bahamas, K Peter Turnquest, made the announcement, saying that the development of a fully digital дальше »

2018-6-23 05:52


Creating A National Cryptocurrency Not in the Plans of Switzerland – Central Bank Director

While cryptocurrencies have the potential to facilitate lightning fast payments across borders, reduce the cost of minting fiat money and drastically put inflation in check, the Swiss Central Bank board director, Thomas Moser has declared that digital currencies still do not have what it takes to be a national currency. дальше »

2018-6-23 01:45


Sheila Bair: Fed Needs To Consider A Digital Currency

Former FDIC Chairman Sheila Bair on bank stress tests, the U.S. economic outlook and the future of cryptocurrency.   Q1 hedge fund letters, conference, scoops etc, Also read Lear Capital: Financial Products You Should Avoid? Image source: YouTube Video Screenshot Sheila Bair: Fed Needs To Consider A Digital Currency Transcript Well it’s certainly a lot […] дальше »

2018-6-22 15:27