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Spanish Central Bank Backs Cryptocurrencies in New Report
Central banks around the world have had hawkish, unfavorable views towards cryptocurrencies. However, the Spanish Central Bank, Banco de Espana (BDE), stands as a striking contrast. The regulator has released a report in which it states that the use of digital currencies, especially when there is a digital version of the state currency, will help in […] Spanish Central Bank Backs Cryptocurrencies in New Report was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-8-7 19:29 | |
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Dutch Central Bank Says Cryptocurrencies Aren’t Real Money
A report from local news outlet Dutch News published today, August 3rd, features new statements by representatives of the country’s central bank claiming that cryptocurrencies are neither real money nor a safe investment for the country’s citizens. дальше »
2018-8-4 15:45 | |
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Dutch Central Bank Says Cryptocurrencies Aren’t Real Money
A report from local news outlet Dutch News published today, August 3rd, features new statements by representatives of the country’s central bank claiming that cryptocurrencies are neither real money nor a safe investment for the country’s citizens. дальше »
2018-8-3 20:19 | |
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Dutch Central Bank Against Crypto, But Won’t Move To Regulate
De Nederlandsche Bank (DNB) the central bank of The Netherlands have recently spoken out against cryptocurrencies, denying to recognise crypto as a real form of currency. According to Dutch News, Petra Hielkema, the Divisional Director at DNB has said in a report: “If something wants to be treated as money, you have to be able to spend, save and calculate with it. дальше »
2018-8-3 13:00 | |
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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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Bank Of Canada Study Discusses CBDCs’ Potential Role In Economic Welfare
A recent report from the Canadian financial authority investigates central bank-issued digital currencies and how they might improve the economy.
дальше »2018-7-27 22:01 | |
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Ethereum: To Hodl or not to Hodl
Ethereum dropped 36 percent this year, causing major crypto investors to actively bet against the second-largest crypto platform. According to a report released by Tetras Capital, they see Ethereum as the central currency through which excesses in the decentralization community have developed. дальше »
2018-7-27 15:00 | |
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Yes, Stablecoins Can Secure Official Audits from Major Firms
“We have nothing to hide,” says Tory Reiss, VP of corporate development at TrustToken. Like the market’s most popular stablecoin, Tether, TrustToken's TrueUSD is fiat-collateralized. дальше »
2018-7-26 18:55 | |
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EU Parliament Report Reveals How Banks Could Beat Bitcoin
A recent report released by the Policy Department of the European Parliament explains how central bank-issued cryptocurrencies outcompete Bitcoin. EU Parliament Draws Up Battle Plans Against Bitcoin A recent report from the Policy Department of the European Parliament, titled Competition Issues in the Area of Financial Technology (FinTech), warns about some of the challenges Bitcoin will have to overcome. дальше »
2018-7-24 02:00 | |
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EU Cautions Possible Overturning of Bitcoin and Cryptocurrencies by Banks
A recent fintech-related report requested by the European Parliament Committee on Economic and Monetary Affairs (Econ) revealed that bitcoin might be brought down given that central banks start to issue their own cryptocurrencies. дальше »
2018-7-24 00:01 | |
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G20: ‘Crypto-Assets Can Deliver Significant Benefits’
On July 21-22, the Finance Ministers and Central Bank Governors of G20 countries met in Buenos Aires. Despite failing to come to definitive conclusions, the leaders of the world’s top economies expressed their seemingly positive yet fairly contained opinion of cryptocurrencies. дальше »
2018-7-24 00:00 | |
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Bank Of Canada Study Addresses Double Spending On Blockchain Systems
A recent report from Canada’s central bank discusses “cheating” on a blockchain through double spending and likens the potential issue to classic incentive compatibility constraints within game theory. дальше »
2018-7-24 23:31 | |
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Future of Bitcoin threatened by European Union’s warning
After a cold start into 2018, bitcoin traders and holders witnessed an upward turn of the world’s first and largest cryptocurrency. Facing regulatory issues from across the globe Bitcoin is yet to become a part of the mainstream economics. дальше »
2018-7-23 19:14 | |
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Costa Rica Allows Workers to Be Paid in Cryptocurrency—But Will it Happen?
A recent news report suggests that Costa Rica’s labor laws permit the country’s workers to be paid in cryptocurrency: “Recently it was announced that Costa Rican workers could choose to receive part of their salary in crypto-currencies. дальше »
2018-7-23 03:11 | |
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Costa Rica Allows Workers to Be Paid in Cryptocurrency—But Will it Happen?
A recent news report suggests that Costa Rica’s labor laws permit the country’s workers to be paid in cryptocurrency: “Recently it was announced that Costa Rican workers could choose to receive part of their salary in crypto-currencies. дальше »
2018-7-23 01:38 | |
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Bitcoin and Other Cryptocurrencies Not Significant Threats – Says US Federal Reserve Chairman
While a good number of central banks see bitcoin and other cryptocurrencies as significant threats to their survival, the United States Federal Reserve Chairman, Jerome Powell, said on July 18, 2018, that the exponential growth in the price of bitcoin and the increasing adoption of cryptos doesn’t bother him. дальше »
2018-7-21 13:00 | |
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Financial Stability Is the Focus of New FSB Monitoring Framework
Cryptocurrencies are getting more attention every day, it seems, as the Financial Stability Board (FSB) announced on Monday that it had put together a standardized framework with which to monitor cryptocurrency assets. дальше »
2018-7-19 18:00 | |
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Crypto Markets Under Watch as G20 Watchdog Unveil New Framework
The Financial Stability Board (FSB), an organization charged with making financial regulatory recommendations to the G20, has released a framework containing metrics that could eventually become binding on crypto assets. дальше »
2018-7-17 22:39 | |
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Going Live by September Hong Kong’s Blockchain Trade Finance Platform
The Hong Kong Monetary Authority (HKMA), the autonomous Chinese territory’s de facto central bank, is poised to launch a live blockchain trade finance platform within two months. “The Trade Finance Platform is a blockchain project initiated by 7 banks in Hong Kong. дальше »
2018-7-16 20:37 | |
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G20 Auditor Publishes Plan for ‘Vigilant’ Cryptocurrency Surveilance
The Financial Stability Board (FSB), an organization focused on analyzing and making recommendations to the G20 on global financial systems, has presented a framework for monitoring cryptocurrency assets. дальше »
2018-7-16 17:01 | |
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“Economic Sovereignty” Through Bitcoin: Max Keiser and Stacy Herbert
When it comes to cryptocurrency, it seems that there are always two sides of the (bit)coin. On the negative side, there’s everything that can go wrong. дальше »
2018-7-14 19:30 | |
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Bank of Finland Advisor Calls Cryptocurrencies an “Illusion,” States Distributed Ledgers Are Irrelevant
In line with strict global sentiments over cryptocurrencies, an advisor to the Bank of Finland (BoF) released a report in June 2018 titled “The Great Illusion of Cryptocurrencies,” elaborating on why cryptocurrencies are a “fallacy” and an “illusion” of money. дальше »
2018-7-13 16:00 | |
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‘Cryptocurrencies Would Cause A Crisis In A Recession’ Says This Report
A report, written in Verdict highlights one issue with cryptocurrency that seems to be under-explored. We all envision a world led by crypto, one where we pay for our shopping in Bitcoin and send money to our loved ones in XRP. дальше »
2018-7-13 08:00 | |
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Bank of Korea Reveals the Impact of Digital Assets in South Korea’s Banking and Finance Sector
South Korea’s central bank, the Bank of Korea (BOK), has revealed that the outstanding balance of cryptocurrency accounts in the country’s domestic banks stood at nearly $2 billion ($1. 8 billion) as of December 2017. дальше »
2018-7-13 16:19 | |
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Chinese central bank seals about killing Bitcoin business in China – BGR
China was one of the most important markets to impose strict rules related to Bitcoin and cryptocurrencies, including a ban on trading the most popular coin in the world. It now looks like China may have helped decimate Bitcoin, and the country seems pretty happy with itself. дальше »
2018-7-10 12:12 | |
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Chinese Yuan Now Accounts for Less Than 1% of Bitcoin Trades, Says PBoC Report
Report: China’s central bank says the yuan now accounts for less than 1% of global Bitcoin trades, down from over 90% prior to the country’s crypto
дальше »2018-7-9 21:20 | |
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Korean Regulations: Policy Alteration, New Crypto Classic, Central Bank Report
While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. In addition, the Bank of Korea has released a report with its view on using crypto as a means of payment. дальше »
2018-7-9 09:46 | |
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Two New Cryptocurrency Exchanges Accredited in Philippines; Total Grows to Five
The central bank of the Philippines, Bangko Sentral ng Pilipinas (BSP), has accredited two new cryptocurrency exchanges, according to a report this Friday, citing a senior official's statement. дальше »
2018-7-8 15:22 | |
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Regulatory Round-Up: U.K. Chief Blockchain Officer, DLT Cohort in FCA Sandbox, Central Bank Calls Crypto ”Fallacy”
In recent regulatory news, U. K. minister, Eddie Hughes has published a report that advocates for the creation of a “Chief Blockchain Officer,” the U. K. Financial Conduct Authority has announced that a number of distributed ledger (DLT) companies have been accepted into cohort 4 of its regulatory sandbox, and Finland’s Central Bank has published a report […] The post Regulatory Round-Up: U. дальше »
2018-7-7 21:30 | |
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EU Report Advises Regulators Not to Ban or Ignore Cryptocurrencies
A recent report published by the European Parliament advises policymakers and regulators not to ignore cryptocurrencies or attempt to ban them. It discusses how crypto should be treated, their taxation, as well as their potential impact on financial systems and central banks’ monopolies on money issuance. дальше »
2018-7-4 10:40 | |
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Great Illusion of Cryptocurrencies: Bank On Finland’s “Fallacy” Attack Report Recap
Bank On Finland’s Recent Report Is An Attack On Digital Currency A recent report published by Bank of Finland titled “The great illusion of digital currencies” attempts to prove that the concept of a digital currency is a “fallacy. дальше »
2018-7-3 22:44 | |
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EU Parliament Destroys Bearish Claims in New Report
A new report titled “Virtual Currencies And Central Banks Monetary Policy: Challenges Ahead” by the Economic and Monetary Affairs Committee of the European Parliament is making headlines for presenting a supportive stance on digital currencies in the Eurozone. дальше »
2018-7-3 15:44 | |
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EU Research: Cryptocurrencies Are Not a Major Threat to Sovereign Currencies
The European Parliament’s Committee on Economic and Monetary Affairs received a Monetary Dialogue titled “Virtual Currencies and Central Banks Monetary Policy: Challenges ahead” recently. The EU Report was confident that cryptocurrencies are “unlikely to challenge the dominant position of sovereign currencies and central banks. дальше »
2018-7-2 20:59 | |
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The European Parliament has told lawmakers not to “ban” or “ignore” cryptocurrencies in a new report released this week, forecasting they “will remains with us for a while.”
Its publication diversifies the broad EU standpoint on the technology, which continues to include legal projects to monitor residents’ usage and clamp down on anonymity. However, they remain unlikely to challenge the dominant position of sovereign currencies and central banks, especially those in major currency areas. In addition to staking its belief in their longevity, дальше »
2018-7-2 17:53 | |
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New Report Warns EU Policymakers Not to Ban Bitcoin
New research analysis on cryptocurrencies for the Economic and Monetary Affairs Committee of the EU parliament cautions lawmakers neither to ignore nor “attempt to ban” virtual currencies. A ‘Contemporary Form of Private Money’ The report, provided by Policy Department A at the request of the European Union Parliament’s Economic and Monetary Affairs Committee, is titled Virtual currencies and central banks monetary policy: challenges ahead. дальше »
2018-7-2 14:00 | |
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‘Cryptocurrencies and Precious Metals Can Co-Exist,’ Explains Ron Paul
Just recently the notorious libertarian and Austrian economist, Ron Paul, released a paper that discusses the world’s issues with central economic planning. In the report, Paul goes into vast detail on how precious metals and cryptocurrencies can co-exist in order to prevent current market monopolies from “rigging the economy. дальше »
2018-7-2 04:20 | |
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Researchers say time for Central Banks to issue digital currencies, but Cryptos too ‘hot’ for this
In a new financial system research report, economists say the environment is ripe for central banks to issue digital currencies. However, they cautioned against cryptocurrencies, given the high volatility in their prices, which would not be conducive to a national financial system. дальше »
2018-6-28 19:19 | |
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KIEL says the Central Bank Digital Currency can bring stability
According to the latest report published by economic researchers from the KIEL Institute of World Economy, the issuance of digital currencies by a central bank would prove to be more beneficial for a healthy and stable financial system. дальше »
2018-6-28 17:10 | |
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KIEL Sees the Potential of Central Bank Digital Currency To Bring Stability
The report goes to mention that unlike cryptocurrencies, CBDC's could ensure financial stability and be used for exchange instead of just mere speculation. The post KIEL Sees the Potential of Central Bank Digital Currency To Bring Stability appeared first on CoinSpeaker. дальше »
2018-6-28 12:28 | |
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Report: The central bank can provide digital currency digitalization, but the crypto will change very much
Economic researchers at the Kiel Institute for the World Economy have identified digital currencies issued by a central bank as an opportunity for a more stable financial system, while at the same time rejecting cryptocurrencies, Cointelegraph auf Deutsch reports today, June 27. дальше »
2018-6-28 09:01 | |
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Report: Central Bank Digital Currency Could Provide Stability, But Crypto Is Too Volatile
Economic researchers at the Kiel Institute for the World Economy report that central bank digital currencies could provide stability, and are different from crypto, which is too volatile
дальше »2018-6-28 06:18 | |
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EU Report: State Cryptocurrencies Could Create a Stable Financial System
An EU report has concluded that central bank digital currencies (CBDCs) could pave the way towards a more stable financial system due to their ‘disruptive’ ability. It also recognised the opportunities for oppressed countries to use cryptocurrencies, but highlighted the risks of volatility in the crypto market. дальше »
2018-6-27 23:00 | |
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Bank of Korea Denies Plans for Launching a Cryptocurrency
The Bank of Korea (BOK) on Monday argued against the issue of digital currencies by the central bank in a recent report. The bank said that launching its own central bank digital currency (CBDC) will raise the basic mechanisms of its monetary policy and make open market operations more complex. дальше »
2018-6-21 20:02 | |
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