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From Global Recession to Global Depression? The Fed End-Game
Satoshi Nakamoto famously quoted the Times in the genesis block of Bitcoin. The message showed that the government was on the brink of a second bank bailout early in January 2009. Nakamoto’s analysis had shown him that central bank meddling would leave entire nations without a trustworthy currency. дальше »
2020-6-21 21:31 | |
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Top UN Blockchain Expert Believes Digital Currencies And CBDC’s Pose a Threat To Bank Accounts
Massimo Buonomo, a United Nations global blockchain and fintech expert, said the rising development of CBDCs and the low interest (negative) rates offered in commercial bank accounts may act as a catalyst to make corporate bank accounts obsolete. дальше »
2020-6-6 22:45 | |
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Liquidity Crisis: The Fed Is Sending Billions of Emergency Dollars to USD-Dependent Nations
Since the start of the coronavirus outbreak, the U. S. Federal Reserve has created trillions of dollars in order to keep the central bank’s private partners’ liquidity strong during the economic downturn. дальше »
2020-4-25 02:45 | |
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China's DCEP might be a tiered system with financial intermediaries
The Central Bank Digital Currency has been introduced by many nations across the world. China's CBDC, also known as Digital Currency/Electronic Payment [DCEP], was announced to be launched in 2020 andThe post China's DCEP might be a tiered system with financial intermediaries appeared first on AMBCrypto. дальше »
2020-4-20 15:00 | |
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Will There Be A Cryptocurrency And Blockchain Bull Market In 2020?
There is no denying that 2019 was the year of enterprise blockchain adoption. Nations like China, the UAE, and many others have declared support for blockchain. There were also talks about the issuance of Central Bank Digital Currencies (CBDC). дальше »
2020-3-10 19:54 | |
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Former PBoC Gov Tells China To Join Global Regulation Conversation For Libra Stablecoin
Former People’s Bank of China Deputy Governor, Min Zhu, insisted on the importance of China joining other nations in the global discussion on how to regulate Libra cited an article emanating from the South China Post. дальше »
2020-1-29 17:10 | |
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Bank of France Gov: Central Bankers Should Issue Digital Currencies, Not Private Companies
Villeroy de Galhau, Governor of the Bank of France, said on Saturday that virtual currency can be useful especially when cash transactions are decreasing in various nations, however, it should be the prerogative of central banks to issue it and not private firms, Reuters reports. дальше »
2020-1-26 19:48 | |
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Japan's Haruhiko Kurado claims there is no demand for CBDCs
Despite the fact that many nations are moving towards understanding cryptocurrencies and their underlying blockchain technology, Japan has remained skeptical of it. The Governor of the Bank of Japan, The post Japan's Haruhiko Kurado claims there is no demand for CBDCs appeared first on AMBCrypto. дальше »
2019-12-4 15:30 | |
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United States Examines Launching Digital Currency, Confirms Federal Reserve Chairman
United States Federal Reserve Chairman Jerome Powell has confirmed that the nation is looking into launching its own Central Bank Digital Currency (CBDC). The news comes at a time when many other nations have also hinted at launching their own national digital currencies in a race to be among the first countries to do so. дальше »
2019-11-21 13:34 | |
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Bank of Japan Studying the Role of Digital Currencies: Bank’s Governor Haruhiko Kuroda
Japan is well known for its positive crypto regulations and has become a guiding light for G-20 nations in order to help them formulate their own positive crypto regulations. Now as per the latest development the Central Bank of Japan called Bank Of Japan (BoJ) has initiated research on digital currencies, revealed the bank's chairman […] дальше »
2019-11-19 22:46 | |
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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 | |
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Hyperinflation Forces Venezuelan Central Bank to Explore Bitcoin as a Foreign Reserve
When it comes to cryptocurrencies, no stone should be left unturned. That applies to both individuals and entire nations alike. Venezuela, a country known for its rather hostile approach to Bitcoin, might be on the brink of openly embracing the world’s leading cryptocurrency. дальше »
2019-9-27 01:59 | |
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Mark Carney: Cryptocurrencies Could Overtake the U.S. Dollar as World’s Reserve Currency
Bank of England (BoE) Governor, Mark Carney, in a meeting with central bankers worldwide in Wyoming, has predicted that a cryptocurrency backed by several nations could overtake the U. S. dollar as the world reserve currency. дальше »
2019-8-24 15:37 | |
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Major Swedish Bank Orders Negative Interest Rate on Euro Deposits
Sub-zero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark have been in negative territory for a while and a growing number of banks in the region are now charging depositors for keeping their money. дальше »
2019-8-22 16:15 | |
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Goldman Sachs Predicts US-China Trade War to Continue into 2020, Will It Benefit Bitcoin?
Economists at global investment bank Goldman Sachs believe there to be no end in sight to the ongoing US-China trade war. Although damaging to economic interests in both nations, the lack of resolution may well be bullish for Bitcoin. дальше »
2019-8-13 02:00 | |
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Regulated Swiss Bank Dukascopy Announces Reward Programs for Native Token Holders
In the blockchain and cryptocurrency community, there are few nations around the world that have managed to capture and legitimize the nascent industry like Switzerland has. Now, Swiss-based FOREX banking service provider Dukascopy Bank is opening up a reward program for new and existing mobile current account (MCA) users. дальше »
2019-8-2 20:19 | |
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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 | |
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China Fears Facebook Cryptocurrency, Central Bank Wants its Own
Facebook certainly rattled some cages when it announced its own cryptocurrency last month. A number of nations including Russia and China have expressed concern over the rising dominance of US tech and internet giants, especially if they’re aiming to manipulate finances as they currently do with data. дальше »
2019-7-9 12:00 | |
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France Forms G7 Cryptocurrency Task Force In Wake Of Facebook’s Libra
France will set up a task force for the G7 nations to investigate ‘stablecoin’ projects such as Facebook’s Libra cryptocurrency. France’s Central Bank Isn’t Entirely On-Board With Stablecoins France’s Central Bank Governor, Francois Villeroy de Galhau, made the announcement, while addressing finance industry officials. дальше »
2019-6-21 22:00 | |
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France to create a joint G7 cryptocurrency task force amid Facebook’s Libra woes
France is putting together a Group of Seven Nations (G7) task force to explore how central banks can make sure cryptocurrencies adhere to money-laundering and consumer protection rules. That’s according to the country’s central bank governor who announced the news today. дальше »
2019-6-21 18:28 | |
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Remittance Innovation in ASEAN Is Changing Lives for Workers Living Abroad
The Association of Southeast Asian Nations (ASEAN) continues to make its case as one of the world’s most exciting testing grounds for blockchain, cross border payments, and digital assets. Ripple has been part of much of this pioneering work with partners like SBI Remit, CIMB Group, Siam Commercial Bank, Mitsubishi Corporation and Standard Chartered, the … Continued The post Remittance Innovation in ASEAN Is Changing Lives for Workers Living Abroad appeared first on Ripple. дальше »
2019-6-20 00:17 | |
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How Crypto-Based Microfinance Benefits Small Businesses
Starting your own business isn’t easy given the reluctance of banks to grant credit. Gone are the days when a compelling business plan would be enough to have the branch manager shaking your hand and bankrolling your venture. дальше »
2019-5-27 08:25 | |
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Cashaa Now Accepts Debit, Credit Cards for Crypto Purchases
Online banking platform Cashaa is set to allow users to purchase bitcoin, ether and Cashaa’s own token, CAS, using major credit and debit cards. This new service is a follow-up to the Business Banking Services Cashaa launched earlier in April 2019, which allows both individuals and private firms to open accounts with Cashaa and accept cryptocurrency payments. дальше »
2019-4-24 01:08 | |
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Russia to Regulate Crypto While Launching its Own Oil-Backed Cryptocurrency
Russia’s State Duma is planning to pass a resolution on a pending cryptocurrency regulation bill, reported a local source. Oleg Nikolayev, a member of the State Duma Committee on Economic Policy, said that the Russian assembly house had led cryptocurrency regulations to its final stages. дальше »
2019-2-24 17:04 | |
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How to Use Cryptocurrency to Send Money Abroad
The global remittance industry is huge. World Bank data shows that over $148 billion was sent abroad from the U. S. alone in 2017. As people leave nations gripped by hyperinflation, or simply move to look for better opportunities abroad, sending cash back home becomes a necessity. дальше »
2019-2-21 16:05 | |
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Cryptocurrency in the developing world needs a fresh approach
It’s a common narrative that cryptocurrencies will provide a platform for the millions of unbanked individuals in the world to obtain financial freedom. In the developing world, around 50 percent of people over the age of 25 have a bank account. дальше »
2019-2-12 19:20 | |
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UnionBank Launches Two-Way Bitcoin ATM in the Philippines
The UnionBank of the Philippines, one of the leading financial institutions in the country, has launched a two-way bitcoin automated teller machine (ATM), according to a story in local media outlet Philstar. дальше »
2019-2-12 00:10 | |
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Cryptocurrency and Millennials Seem to be a Match Made in Blockchain Heaven
When Michael Jackson wrote one of his most iconic songs he was discussing the much larger issue of hate and prejudice. However, the millennials have taken this over as the defining song against the financial sector. дальше »
2019-2-8 08:20 | |
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National Bank of Kuwait Set to Use Ripple for International Remittances
The National Bank of Kuwait has started blockchain-based remittance services to Jordan using blockchain technology supplied by Ripple. The service will be expanded to other nations as well in the future. дальше »
2019-1-30 21:09 | |
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Saudi Arabia and UAE confirm joint cryptocurrency trial
Saudi Arabia’s and the United Arab Emirates’ (UAB) central banks have teamed up to test a new cryptocurrency. The Saudi Arabian Monetary Authority (SAMA) and the Central Bank of the UAE confirmed the news in a joint statement released today. дальше »
2019-1-29 17:23 | |
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Iran Lifts Bitcoin Ban to Make Way For ‘Crypto-Rial’
Iran has lifted the ban on Bitcoin and cryptocurrency as it takes another step towards its own sovereign cryptocurrency amid talks with foreign nations as potential partners. Iran Unbans Bitcoin, ICOs Today, Iran’s central bank has released an early draft of its cryptocurrency laws, lifting the previous ban on Bitcoin, cryptocurrencies, digital tokens, and ICOs, reports to Al Jazeera. дальше »
2019-1-29 16:00 | |
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Belarus’ Largest Commercial Bank May Establish a Cryptocurrency Exchange
The cryptocurrency market might be underperforming in terms of prices, but the technology continues to evolve and become deeply integrated into the economy. This is especially true in smaller nations that see an opportunity to stake a claim in the new digital economy. дальше »
2019-1-28 18:17 | |
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Governmental Overreach in Developing Nations Will Hasten Hyperbitcoinization
For bitcoin idealists, the coming utopia for global finance stars bitcoin dismantling the fiat hegemony, empowering citizens to own their money without central bank mediation, and facilitating borderless trade. дальше »
2019-1-23 15:25 | |
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Swiss Bank Announces Custody Solution for Digital Assets
Switzerland is not satisfied with being a country of particular importance for the world of finance; now it seeks to consolidate itself as one of the most important nations for crypto adoption and its promotion as mechanisms for transferring and storing value. дальше »
2019-1-18 05:08 | |
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Women aren’t failing at science — science is failing women
Female research scientists are more productive than their male colleagues, though they are widely perceived as being less so. Women are also rewarded less for their scientific achievements. That’s according to my team’s study for United Nations University – Merit on gender inequality in scientific research in Mexico, published as a working paper in December 2016. дальше »
2019-1-17 11:23 | |
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China Banking Body to Develop Multi-Use Blockchain Platform With Major Banks
China’s new interbank blockchain platform to be sponsored in part by the United Nations Development Bank
дальше »2019-1-5 21:07 | |
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Impending Central Bank Digital Currencies are the Inevitable Future: Dash Coin CEO
Impending Government-backed Cryptocurrencies Are the Future – Dash's CEO Ryan Taylor As leading nations in the cryptocurrency space are mulling over the idea of a central bank-issued cryptocurrency, Dash Core Group’s CEO, Ryan Taylor, says it’s the “inevitable future. дальше »
2018-10-25 02:31 | |
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With the CBAC, East Meets West in Search of Adoption and Innovation
The noise that surrounds economic relations between the United States and China is amping up exponentially. You can thank the latest trade wars for that, as fresh tensions boil over between the two nations who are currently trading new tariffs on imports, with no shortage of ill will underpinning the moves. дальше »
2018-10-10 23:38 | |
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RippleNet’s ‘Multi-Hop’ Feature to Ease Cross-Border Transactions in S. East Asia
In traditional banking, for there to be a cross-border payment, two banks had to be directly connected on a one-on-one basis. The situation in the Association of South Eastern Asian Nations (ASEAN) was exactly this way up until the Siam Commercial Bank (SCM) – a member of RippleNet – became the first financial institution in […] The post RippleNet’s ‘Multi-Hop’ Feature to Ease Cross-Border Transactions in S. East Asia appeared first on Ethereum World News. дальше »
2018-9-29 10:51 | |
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Siam Commercial Bank Pioneers RippleNet’s “Multi-hop” Feature
The inefficient management of global liquidity has long been a hurdle for cross-border payments in all regions across the world. However, this problem is particularly prominent in the Association of South Eastern Asian Nations (ASEAN) region, which has been largely underserved by correspondent banking. дальше »
2018-9-28 19:17 | |
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Abra Supports SEPA Bank Transfers, Enabling Crypto Purchases With Fiat
Abra, the all-in-one digital wallet and cryptocurrency exchange, has announced its support for Single Euro Payment Area (SEPA) bank accounts. European users can now enable direct wire transfers from European banks to purchase any of Abra’s 28 available cryptocurrencies. дальше »
2018-9-7 23:38 | |
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Abra to Allow European Bank Accounts to Buy and Sell Crypto
Abra, an all-in-one crypto wallet and exchange, has revealed its support for Single Euro Payment Area (SEPA) bank accounts, which will allow those living in the SEPA zone, including 28 EU nations, to make direct transfers from European banks to Abra wallets. дальше »
2018-9-6 08:00 | |
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A South African Township Is Becoming the New Gold Mine for Bitcoin
In several African nations, sending money to friends and family is difficult. Using bank accounts could be easy, but it takes days, sometimes even weeks, for transactions to clear. A new CNBC documentary is exploring the nuances of this emerging market and how exactly it is used to make the underbanked communities of the continent […] A South African Township Is Becoming the New Gold Mine for Bitcoin was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-8-28 21:28 | |
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How Blockchain Promotes International Trade, Identity and Financial Inclusion
International trade, people without identity and financial exclusion are global development areas that stand to be radically improved with blockchain technology, according to Michelle Chivunga, regional advisor for the British Blockchain Association. дальше »
2018-7-31 19:50 | |
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Earth Nation and EarthCycle (ECE) Coin Powering International Franchises on a Decentralized Funding Platform
Meetings of multilateral organizations, such as the World Trade Organization, International Monetary Fund and World Bank have focused fresh attention on questions affecting nations, with hostility and unrest among people living on marginal levels. дальше »
2018-7-24 19:00 | |
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Financial Stability Board Unveils Cryptocurrency-Monitoring Framework, Cryptocurrencies Not Considered a Danger to Global Financial System
The Financial Stability Board (FSB) has unveiled its monitoring framework for cryptocurrencies. The FSB framework comes as the Finance Ministers and Central Bank Governors of the G20 member nations head for a summit in Buenos Aires, Argentina. дальше »
2018-7-17 09:27 | |
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