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China has no idea know when it will launch its digital currency

Despite reports last month that China was readying itself to deploy its own government digital currency, it now seems the country is not so surefooted regarding the asset’s roll out. In a press conference in Beijing yesterday, The People’s Bank of China’s (PBoC) governor Yi Gang said that there is “no timetable” for the launch of its new digital currency, South China Morning Post reports. дальше »

2019-9-25 16:30


Libra’s launch could weaken ECB’s ability to set financial policies, says ECB Board Member

Facebook’s Libra continues to face resistance from institutions across the globe. Yves Mersch, ECB Board Member, was the new entrant to join the list of Libra’s critics. Yves Mersch, who is a former Governor of Luxembourg Central Bank, believed that the proposed virtual asset’s launch could weaken European Bank’s ability to introduce monetary policies and […] The post Libra’s launch could weaken ECB’s ability to set financial policies, says ECB Board Member appeared first on AMBCrypto. дальше »

2019-9-2 15:13


London’s LAB577 To Enable Trading Of Ether And British Pounds On A Digital Asset Shared Ledger

Former Royal Bank of Scotland (RBS) engineer have a project to amalgamate trading and settlement of virtual currencies on a privately owned blockchain. The platform is known as Digital Asset Shared Ledger (DASL, vocalized “dazzle”) which presents companies the capacity to re-imagine how value is moved and managed. дальше »

2019-8-1 17:06


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Singapore’s Central Bank Warns Citizens Against Cryptocurrency Exchange Scam

The Monetary Authority of Singapore (MAS), the apex bank of the country, has warned investors to be wary of a scam bitcoin investment website that has been soliciting for funds from members of the public by using false statements purportedly made by Goh Chok Tong, the former Prime Minister of Singapore, according to a pressRead MoreRead More. дальше »

2019-8-1 01:00


Former PBoC Governor Expects Policy Implementation in China to Counter Facebook’s Libra Coin

In an ever-continuing economic war between two of the greatest nations on the planet currently, US and China, maybe in yet another race of supremacy – this time in blockchain technology and cryptocurrencies – the former governor of the People’s Bank of China, Xiaochuan Zhou, states in a recent interview. In the past month, several […] дальше »

2019-7-11 18:23


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


Ripple’s Partnership with Al Ahli Bank is Result of Wanting to “Reimagine a Simpler Bank” Says CTO

Ripple has been successful in earning itself a reputable name across the globe, especially through the numerous partnerships established with banks all over the place. As previously reported by Bitcoin Exchange Guide, the alliance formed by Ali Ahli Bank of Kuwait (ABK) and Ripple will help the former better in their technological sense, while making […] дальше »

2019-5-13 21:29


‘Shut Down Cryptocurrencies’ Says Joseph Stiglitz As Fiat Markets Tumble

Two of the world’s most infamous Bitcoin naysayers hit the headlines for the wrong reasons yet again May 6 amid global financial market turmoil. Stiglitz: Crypto Attention ‘Disturbed Me’ As stocks plummeted on the back of fresh threats of a US-China trade war, Joseph Stiglitz, the former World Bank head who has recently become known for his distaste for cryptocurrency, said the whole phenomenon “should be shut down. дальше »

2019-5-6 20:00


U.S. Banks Onboards One of Ripple’s Top Partners, an Ex-BBVA Employee: Incoming Integration?

US Bank has recently announced that Derek White, a former executive who worked at the BBVA bank, has been hired by the company and will now integrate its team. BBVA is notoriously a partner of Ripple, the company that created the XRP tokens and services like xCurrent, xVia and xRapid. Now, some people in the […] дальше »

2019-4-17 00:39


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Puerto Rico Approves Combination Bank for Fiat and Digital Assets

The San Juan Mercantile Bank & Trust International (SJMBT), a new bank in Puerto Rico catering to cryptocurrency traders, is now fully operational. SJMBT announced its receipt of all appropriate licensing from Puerto Rican regulatory officials to begin offering “fiat and digital asset custody and settlement services,” which are “to be integrated with the trading platforms offered by its affiliate, the San Juan Mercantile Exchange (SJMX). дальше »

2019-4-3 00:47