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New Bank Of Canada Report ‘Crypto Money’ Concludes Bitcoin Is An Aging Rockstar
The Bank of Canada has recently released a report related to Bitcoin and other virtual currencies. The report makes some observations regarding the cryptocurrency space, how it evolved and the future of Bitcoin (BTC). дальше »
2019-2-15 07:57 | |
Bitcoin Cash Price Analysis: A Breakout in the Making, BCH Accumulates Below $135
Latest Bitcoin Cash News In the Philippines, virtual currency exchanges must obtain an operating license from the country’s central bank—the Bangko Sentral ng Pilipinas (BSP). Good news is, the country’s regulator is open to new and innovative technologies. дальше »
2019-2-14 16:47 | |
Bitmain S15 Firmware “Very Buggy”, Will This Claim Affect BTC Prices?
Bitcoin prices bullish, road to $3,800 A Twitter user picks out a Bitmain S15 vulnerability Transactional volumes low, expansion above 35 k ideal Although Bitmain is a central player in the ASIC mining sphere, their latest firmware S15 has a weakness, a Twitter user has revealed. дальше »
2019-2-12 19:58 | |
Philippine’s Union Bank Launch of Crypto ATM Could Fuel Bitcoin Adoption
The Union Bank of Philippines, one of the country’s largest banks, is unveiling two cryptocurrency ATMs. The initiative from Union Bank has the blessings of the country’s central bank, Bangko Sentral ng Pilipinas (BSP). дальше »
2019-2-12 13:07 | |
21 Lectures Offers Bitcoin Developer Courses by Schnelli, Decker and Chiang
Switzerland is an international bitcoin and blockchain mecca, known for its crypto culture and concentration of crypto businesses. Now, it is the new home to 21 Lectures, a school for bitcoin developers founded by Lucas Betschart. дальше »
2019-2-12 00:24 | |
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 | |
SEC Commissioner Asks Gov’t to Amend Regulation For Bitcoin ETF, ICOs
Whether or not financial innovations like Bitcoin could fit inside the parameters of old-school laws became the central point of Hester Pierce’s recent keynote. The U. S. Securities and Exchange Commission (SEC) Commissioner, while speaking at the University of Missouri School of Law, recognized that blockchain-based decentralized networks do not fit “neatly” within their securities framework. дальше »
2019-2-11 21:30 | |
Philippines’ Central Bank Helps Launch Bitcoin ATM
One of the largest banks in the Philippines, Union Bank, has collaborated with the country’s central bank to launch a Bitcoin ATM, allowing customers to both buy and sell bitcoin for cash. Union Bank Launches Its First Bitcoin ATM Union Bank in the Philippines has launched its very first two-way Bitcoin ATM, according to a release. дальше »
2019-2-11 21:00 | |
We tagged Amsterdam Central Station with LONG BITCOIN SHORT THE BANKERS
The White House has been tagged with digital Bitcoin graffiti, thanks to a new augmented reality platform powered by cryptocurrency. Satoshi’s World allows anyone in the world to add text, images, and GIFs to real world settings for a small Bitcoin fee. дальше »
2019-2-11 15:07 | |
Russia Leads Central Banks’ Record Hoarding on Physical Gold, Expert Explains When the Switch to Bitcoin
The amount of gold bought by central banks in 2018 has reached the second highest annual total. Since 1967, this is the most amount of gold volume bought by central banks. According to the World Gold Council estimate central banks now hold about 34,000 tons of gold. дальше »
2019-2-11 01:05 | |
Union Bank of the Philippines Launching Cryptocurrency ATM
One of the largest banks in the Philippines is reportedly launching a two-way cryptocurrency ATM that is in compliance with Bangko Sentral ng Pilipinas’ specifications. In the Philippines, the central bank regulates cryptocurrencies “when used for delivery of financial services, particularly, for payments and remittances. дальше »
2019-2-10 02:30 | |
Former Point72 Exec: Bitcoin is Still a Perfect Way to Bet Against Central Banks
Travis Kling has taken to the streets yet again. This time, the chief investment officer of Ikigai, a Los Angeles-based crypto hedge fund that launched in October, doubled-down on his sentiment that Bitcoin (BTC) is a perfect way to bet against the monetary policy enlisted by global governments and Wall Street mainstays. дальше »
2019-2-8 17:00 | |
Iran Unveils Payman, Its Central Bank Issued Digital Currency
Iran has unveiled a new state-backed cryptocurrency called ‘Payman’. The cryptocurrency will be used by Iran to try and circumvent sanctions imposed on it by the United States. Due to the sanctions, the country’s financial network has been isolated from SWIFT, making it almost impossible for it to operate its imports and exports. дальше »
2019-2-8 16:04 | |
‘India Wants Crypto’ Campaign Passes 100 Days With Growing Support
A social media campaign for positive cryptocurrency regulation in India has passed 100 days with growing support from the community. Despite the ongoing banking restriction imposed by the country’s central bank, local crypto exchanges are reporting increased volumes and optimism about the upcoming regulation. дальше »
2019-2-8 14:55 | |
Bitcoin Halving Will Make it Less Inflationary and Far More Valuable
The countdown has been ticking for some time now and it is currently 471 days until the Bitcoin block reward halves. This milestone in the evolution of the world’s most popular digital currency will also make it far less inflationary than most of the current central bank’s targets. дальше »
2019-2-8 12:00 | |
New Korean Report Slams Central Bank Issued Digital Currencies
A report from Bank of Korea (BOK) published this Thursday suggested that the use of central bank issued digital currencies could cause problems in the South Korean financial system. The report claims that the launch of such a currency could push interest rates up and cause a liquidity shortage. дальше »
2019-2-7 18:59 | |
South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability
South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial stability. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability appeared first on Bitcoin News. дальше »
2019-2-7 16:40 | |
South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity
South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial integrity. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity appeared first on Bitcoin News. дальше »
2019-2-7 16:40 | |
Mining Bitcoin or the ‘Crypto-Ruble’ Just Another Form of Counterfeiting, Claims Russian Banking Chief
The head of VTB Bank, a major Russian financial institution that sees the government as its majority shareholder, has compared bitcoin mining with counterfeiting. Andrei Kostin, who serves as the president and the chairman of the management board of VTB Bank, said Monday during an event that any person who prints digital money to replace Russian Ruble was counterfeiting the state-backed fiat. дальше »
2019-2-6 10:15 | |
Wall Street’s about to Bid Farewell to One of its Biggest Bitcoin Bulls
Serial investor and bitcoin advocate Bill Gross has announced his immediate retirement from active bond investment to manage his own funds. Gross who was dubbed the “bond king” for his role in active bond-trading almost 50 years ago, achieved fame and notoriety in equal measure for his investment advice to pick bitcoin over central banks. дальше »
2019-2-6 01:50 | |
Iran Blockchain Community Welcomes Central Bank’s Stance on Cryptocurrencies
The Iran Blockchain Community, a local NGO dedicated to developing blockchain technology in the country, welcomed the Central Bank’s draft policy on cryptocurrencies as it could help citizens bypass the sanctions imposed by the U. дальше »
2019-2-5 19:00 | |
It’s Happening! Iran Authorizes National Crypto and Legalizes Bitcoin as UAE and S.Arabia Push On
It’s been a tug of war between cryptocurrencies and the legacy financial system in Iran. Iranians took to crypto early on, and this didn’t go well with the government. It banned the industry as a whole despite pleas from the crypto community. дальше »
2019-1-30 19:13 | |
New Iranian Central Bank Draft Report Suggests Banning Some Crypto Assets from Payments, Bitcoin Included
A new draft report has come to light from the Central Bank of Iran. The report, titled, “Obligations and Rules Regarding Cryptocurrencies,” outlines new regulations for the use of cryptocurrency, which is surprisingly restrictive. дальше »
2019-1-29 17:37 | |
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 | |
Bitcoin (BTC) Halving Hype Mounts As Crypto Bears Draw Blood
Next Block Halving To Drop Bitcoin Inflation Under Central Banks’ Target Although the broader crypto market has undoubtedly struggled in the past 24 hours, two months, and year without a doubt, with prices continually establishing lower lows, hype regarding the impending shift in the issuance rate of Bitcoin (BTC) has remained at all-time highs. дальше »
2019-1-29 07:30 | |
Iran Could Ban Bitcoin for Payments, Central Bank Report Suggests
The Iranian central bank has drafted a new report outlining cryptocurrency regulations in the country. дальше »
2019-1-29 03:10 | |
Just Because Cryptocurrency Isn’t ‘Legal Tender’ Doesn’t Make It Illegal
Central bank warnings about crypto assets may give the impression that cryptocurrency is illegal, especially since these entities often cite reasons as to why they’re uncomfortable with virtual currencies encroaching on their turf. дальше »
2019-1-26 10:38 | |
Simon Dixon Reflects on the 10th Anniversary of Bitcoin
With the 10th anniversary of Bitcoin’s launch under the industry’s belt, it’s hard to believe how far the space has traveled in that time. Bitcoin Magazine has asked a number of long-time members of the space to reflect on their experiences, and published author Simon Dixon spoke with us about some of his observations over the years. дальше »
2019-1-26 01:44 | |
How Distributed Technology Can Help Regional Currencies
Central governments often prohibit the circulation of regional ‘certificates,’ bills or other forms of money, arguing that these can devolve control over national monetary systems. At the same time, authorities are often unaware of the economic effects of introducing local currencies. дальше »
2019-1-25 18:44 | |
Crypto Intervention
The action of intervention often has negative connotations, but sometimes intervention can save lives, as any surgeon will probably tell you. The Bank of International Settlements (BIS) has put out a new research paper that explores the economics of intervention into bitcoin’s blockchain. дальше »
2019-1-24 00:30 | |
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 | |
Do We Really Need A Better Bitcoin?
Numerous crypto enthusiasts firmly believe that the greatest challenge to Bitcoin’s maximalist “victory” – an achievement unimaginable without mass adoption – comes not from the regulatory caprices of various governments or the ill-intentions of central bankers, but rather from competing cryptocurrency protocols. дальше »
2019-1-23 02:11 | |
Bitcoin Should ‘Depart’ From Proof-of-Work, Says Bank Of International Settlements
Bitcoin figures have dismissed the latest report on cryptocurrencies by the Bank of International Settlements (BIS) after it claimed Bitcoin must stop using its Proof-of-Work algorithm. BIS: Bitcoin Must Drop Proof-of-Work The report, ‘Beyond the doomsday economics of “proof-of-work” in cryptocurrencies,’ was released January 21. дальше »
2019-1-22 18:00 | |
BIS: Proof Of Work Bitcoin (BTC) Won’t Replace Wall Street
Proof of Work-Enabled Bitcoin Unlikely To Succeed On Monday, the Basel, Switzerland-based Bank of International Settlements (BIS) — the so-called central bank of central banks — released a paper titled “Beyond the doomsday economics of “proof-of-work” in cryptocurrencies. дальше »
2019-1-22 06:00 | |
Major Central Bank Institution BIS: Bitcoin Must Depart From Proof-of-Work
Bitcoin’s problems are only solvable by departing from proof-of-work, according to research conducted by the Bank for International Settlements
дальше »2019-1-22 18:45 | |
Douglas Country in Central Washington Gets Bullish on Blockchain Technology’s Economic Future
After many issues related to cryptocurrencies that affected central Washington, it seems that officials in Douglas County believe that the technology could bring prosperity to the region. According to a recent report released by The Bulletin, central Washington seems to be thinking about embracing Bitcoin and cryptocurrencies. Back in 2017, Douglas County provided access to […] дальше »
2019-1-21 17:19 | |
Washington State County Doubles Down on Cryptocurrency After Mining Bust
After the boom, backlash, and (partial) bust of Bitcoin in central Washington, one might expect an aversion to the technology. But instead, one authority wants to capitalize on the resources left in the aftermath, to promote new growth in blockchain. дальше »
2019-1-20 16:00 | |
18 Months Away? Latest Lightning Network Study Calls System a ‘Small Central Clique’
The Lightning Network has been touted as the solution to the Bitcoin Core (BTC) network’s scalability problem for years now. Over the last few months, the Lightning Network has shown growth but there are still significant concerns about centralization, routing issues, and creating a usable mainstream-friendly interface. дальше »
2019-1-18 07:25 | |
South Africa Wants to Mandate Registration of Crypto Service Providers
A regulatory working group in South Africa, which includes the country’s central bank, has released a consultation paper on crypto assets this week. According to the document, all exchanges, wallet providers, Bitcoin ATMs and payment processors will have to register with the government in 2019. дальше »
2019-1-18 00:25 | |
How Indian Crypto Users Avoid Banks Closing Their Accounts
Banks in India have been closing the accounts of customers they believe have made transactions involving cryptocurrencies. The majority of crypto users in the country, however, have reportedly found a way to avoid their accounts being closed by their banks which are complying with the crypto banking ban imposed by the country’s central bank. дальше »
2019-1-16 08:25 | |
How Indian Cryptocurrency Users Avoid Banks Closing Their Accounts
Banks in India have been closing the accounts of customers they believe have made transactions involving cryptocurrencies. The majority of crypto users in the country, however, have reportedly found a way to avoid their accounts being closed by their banks which are complying with the crypto banking ban imposed by the country’s central bank. дальше »
2019-1-16 08:25 | |
Malaysia Starts Regulating Cryptocurrencies Today
Malaysia’s finance minister has announced that the order to regulate cryptocurrencies and initial coin offerings as securities has come into force. Crypto service providers and exchanges are required to obtain authorization from the country’s Securities Commission, which will work with the central bank to ensure compliance. дальше »
2019-1-15 08:08 | |
Washington’s Douglas County Set to Establish Blockchain Innovation Campus
Crypto-friendly Douglas County, located in central Washington has reportedly announced plans to build a distributed ledger technology (DLT) innovation hub aimed at enabling researchers to develop new use cases with the tech and position it in the frontline of the blockchain technology ecosystem, reported the Seattle Times, Jan 11, 2019. дальше »
2019-1-15 01:00 | |
Cryptocurrency Still a Gray Area in Malaysia After Government Deems It ‘Neither Legal nor Illegal’
Malaysia’s government still hasn’t made up its mind on what to do with cryptocurrencies. The country’s finance minister last year warned companies not to issue new tokens, while waiting on the central bank to give clear advice. дальше »
2019-1-13 06:20 | |
Block Propagation Startup Bloxroute Partners With Mining Operation Rawpool
On Thursday, Bloxroute Labs announced a partnership with the China-based mining operation Rawpool Group and global video communication software firm Yeecall. Both Rawpool and Yeecall plan to be the first cryptocurrency businesses to adopt Bloxroute’s product, dubbed the Blockchain Distribution Network version one. дальше »
2019-1-11 07:00 | |
Nick Szabo: Central Banks Might Switch From ‘Physically Vulnerable’ Gold to Bitcoin
Central Banks might resort to cryptocurrency reserves as means of supplementing national gold reserves according to veteran cryptographer Nick Szabo. He also holds that the use of digital currencies will rise in countries with distraught economies. дальше »
2019-1-11 01:00 | |
Report Claims Chinese Mining Giant Bitmain Is Prepping for New Leadership
The cryptocurrency mining manufacturer Bitmain may have a new chief executive officer in the near future according to regional reports. Bitmain’s director of product engineering, Haichao Wang, will apparently take the lead role within the corporation but no official timetable has been announced. дальше »
2019-1-10 21:00 | |