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China’s Central Bank’s Crypto Proposal Will Assist Banks in Curbing Alipay, WeChat Pay Dominance
The much-awaited Bank of China’s cryptocurrency could be a move by the bank to help curb Alipay and WeChat Pay dominance in the financial sector. Appearing on South China Morning Post financial analyst, Cindy Wang, a renowned analyst with DBS Research Group, claimed that the country is set to benefit as investors and merchants will […] дальше »
2019-8-20 21:55 | |
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RBI Forced Inter-ministerial Panel to Propose Ban on Bitcoin: Report
The central government initially wanted to regulate the bitcoin sector but changed its stand due to objection from the Reserve Bank of India (RBI), reports Business Standard. The Indian daily claimed that Economic Affairs Secretary Subhash Chandra Garg, who was heading the interministerial committee to study cryptocurrencies, favored regulating them. дальше »
2019-7-23 16:00 | |
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New ECB Boss Christine Lagarde Could Enact Bitcoin Friendly Legislation
Bitcoin and crypto-supportive legislation could be on the way now that Christine Lagarde has been selected to serve as the new European Central Bank president. Will the ECB Support Bitcoin? Recently nominated European Central Bank (ECB) president Christine Lagarde has a history of making statements which cryptocurrency investors interpret as being supportive. дальше »
2019-7-8 23:02 | |
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Moore Madness: Trump Fed Pick Creates Insane Bitcoin Central Bank
As loathful as the term "central bank" should be true Bitcoin stalwarts, the sector is about to get a mini-Fed of sorts if Trump ally Stephen Moore and his happy band of blockchain developers get their way According to the Fox Business Network, Moore, who recently withdrew his bid to become a Federal Reserve board […] The post Moore Madness: Trump Fed Pick Creates Insane Bitcoin Central Bank appeared first on CCN Markets дальше »
2019-6-26 20:00 | |
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First-Ever Decentralized Crypto Central Bank ‘Decentral’ Adds Popular Economist, Stephen Moore
A recently concluded research conducted by the Binance Research team showed that respondents felt the second biggest risk to the stable growth and development of the crypto industry (the first being a security hack) is a change in global laws and regulations concerning the sector. There are already a few countries not in support of […] дальше »
2019-6-25 19:39 | |
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India: Private sector bank ‘blocks account for cryptocurrency use’; threatens to expunge credit facility
The Indian judiciary and banking elite have made clear their opinion on the use of cryptocurrencies in the past few years. After the central bank came down hard on private banks known to have ties with crypto-centric companies, now these private banks are doing the same to their customers as well. дальше »
2019-5-17 22:08 | |
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Powerful Indian Tech Lobby Urges Central Bank to Favor Bitcoin Startups
By CCN: Dominant Indian tech lobby, NASSCOM, is pushing the Reserve Bank of India to be inclusive with cryptocurrencies like bitcoin in its regulatory sandbox to shape the future of the country’s fintech industry. дальше »
2019-5-17 11:01 | |
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Despite Industry Pushback, G20 May Impose Stricter KYC Policy on Exchanges
It looks as if cryptocurrency service providers will have to adopt stricter know-your-customer (KYC) policies all across the world — and not everyone is happy about that. дальше »
2019-5-13 21:33 | |
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Iran Central Bank Develops Blockchain Platform for Financial Sector
Iran’s Central Bank has been developing a platform named Borna to provide a common standard for blockchain use in Iran and bringing down the cost of developing blockchain solutions, allowing Iran’s banks and other financial entities to test and implement blockchain on a wider scale. дальше »
2019-5-6 20:00 | |
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Could Central Banks Possibly Drive Up The Price of Bitcoin?
For more than a year, Bitcoin has seemed pretty stuck as it seems to hold steady without making any major breakthrough. In fact, the all-time high price of $19,783.06 that the sector saw in December of 2017 is looked back upon with so much longing, leaving people wondering whether there’s any chance at all that […] The post Could Central Banks Possibly Drive Up The Price of Bitcoin? appeared first on ZyCrypto. дальше »
2019-3-26 17:08 | |
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Max Keiser on Bitcoin Cynic Warren Buffett: ‘He’s a Complete Failure’
Appearing for an interview with BlockTV, Max Keiser explained why he thinks Warren Buffett has been throwing shade at the crypto community. Keiser did not hold back: I think he feels insecure. Without the bailouts of 2008, without the access to free money from central banks, without stock buybacks – that were up until recently illegal – Warren Buffett’s performance would be close to zero. дальше »
2019-3-5 22:11 | |
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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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Ukraine: Overregulation Prevents Crypto Development, Says Central Bank Official
Ukraine’s central bank official believes that overregulation is harmful to the crypto sector, urges government to ease control
дальше »2019-1-9 14:16 | |
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Central Bank Official: Regulators Are Hindering the Development of Cryptocurrencies
An excessive number of regulatory agencies are interfering with the prospects of successful development of cryptocurrencies in Ukraine, according to a high-ranking representative of the country’s central bank. дальше »
2019-1-9 06:10 | |
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Bitcoin Proponent Ron Paul: ‘Tax free Bitcoin and crypto will prevent next Fed-created recession’
Going by the recent development in the US banking sector, that has seen the US Fed Reserve, the central bank of US raise interest rate the fourth time in 2018, which many believe could lead to a recession in the US and a global recession by 2019, former IMF economist, who also was a former […] The post Bitcoin Proponent Ron Paul: ‘Tax free Bitcoin and crypto will prevent next Fed-created recession’ appeared first on ZyCrypto. дальше »
2018-12-21 14:15 | |
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Bahrain’s Central Bank Issues Draft Crypto Regulations
The Central Bank of Bahrain (CBB) has prepared draft rules designed to regulate digital assets and certain aspects of the country’s crypto industry. The move aims to establish Bahrain as a regional leader in the fintech sector and restore its role as a major banking hub in the Persian Gulf. дальше »
2018-12-15 01:30 | |
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IMF Head Christine Lagarde Calls For Central Banks Digital Currencies
CoinSpeaker IMF Head Christine Lagarde Calls For Central Banks Digital Currencies IMF’s Managing Director called for central banks digital currencies, stating that they could provide financial inclusion, security, and consumer protection, which can not be offered by the private sector. дальше »
2018-11-15 11:37 | |
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IBM Thailand to Work With Thai Central Bank to Expand AI and Blockchain Technology
In a recent post shared by news outlet, Bangkok Post, it has been unveiled that business, finance and tech related services provider IBM, namely its Thailand branch, has announced plans to expand within the AI and blockchain sector. дальше »
2018-11-14 22:39 | |
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IMF Head Makes Case for Central Bank Digital Currencies In Recent Speech
With contributing reporting from Jimmy Aki. Christine Lagarde, head of the International Monetary Fund (IMF), suggested a new course of action for central banks around the world: turn their fiat currencies digital. дальше »
2018-11-15 22:38 | |
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IMF Head: Central Banks Should Consider Issuing Digital Form of Money
The winds of change are sweeping the financial sector, at least according to Christine Lagarde, the managing director of the International Monetary Fund (IMF). Speaking at the Singapore Fintech Festival on Nov. дальше »
2018-11-15 20:44 | |
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Without a Digital Currency, Sweden Faces the Privatization of Money
Retail payments in Sweden are now almost entirely cashless. Without a central bank digital currency (CBDC) Sweden’s entire payments market would be reliant on the private financial sector. Cecilia Skingsley, Deputy Governor of the Central Bank of Sweden, has authored an article as part of the World Economic Forum’s Annual Meeting of the Global Future Councils. дальше »
2018-11-12 04:00 | |
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IBM report: 1 in 3 central banks are trialing a digital currency
A report co-authored by IBM and the OMFIF has revealed that central banks are continuing to maintain their distance from the cryptocurrency sector - but are working on creating their own digital currency offerings, albeit at a slow pace. дальше »
2018-11-7 14:00 | |
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Ripple Losing the Central Bank Race: Experimental Bank of Canada’s “Cross Border, Cross Currency” System Runs on Corda.
In market boosting news, the Bank of Canada (BoC) is building a proof-of-concept system with help from the private sector and academia. The objective, is to help them (BoC) better understand new financial technologies of which blockchain and DLT is top priority. дальше »
2018-10-31 15:57 | |
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Cryptocurrency Mining Provider GigaWatt Faces Millions of Dollars in Debt
GigaWatt, one of Central Washington’s largest companies in the cryptocurrency sector is, unfortunately, facing millions of dollars in debt as cryptocurrency prices fall. According to the Oregonian Times, Giga-Watt’s once upward trajectory is facing a sharp decline as the company explores every legitimate stream of revenue to remain in business. дальше »
2018-10-23 19:00 | |
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Bahrain Are Setting Up For A Crypto Adoption Overhaul
The Kingdom of Bahrain is an island nation of the Middle East. Home to around 1. 23 million people and a very forward thinking population. Interestingly, Bahrain has a very powerful political position as a result of its location, therefore, cryptocurrency adoption in Bahrain could turn out to have a very significant impact. дальше »
2018-10-14 23:00 | |
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Zebpay Shutters Crypto Exchange Amidst an Unfavorable Crypto Environment
India’s leading cryptocurrency exchange Zebpay has announced to shutter its operations as an exchange on September 28. The company announced as a result of the crypto banking blockade imposed by the Central Bank of India – Reserve Bank of India’s, that has entirely crippled the sector in the country. дальше »
2018-9-29 11:00 | |
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Hackers Have Been Secretly Using Indian Government Sites to Mine Cryptos
India is one of those few countries where the status of cryptocurrencies remains uncertain. Reserve Bank of India, the country’s central bank, has been adamant in its stance and does not want financial institutions to extend services in the crypto sector. дальше »
2018-9-21 17:49 | |
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Canada Delays Regulation of Cryptocurrencies and Blockchain Companies
The Canadian government has postponed the release of its final regulations for cryptocurrency and blockchain companies. The final published regulations were due this fall, but the government now says they won’t be published in the Canada Gazette until late 2019. дальше »
2018-8-28 20:18 | |
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R3 Corda Blockchain to Power Bank of Thailand’s Central Bank Digital Currency
Bank Of Thailand To Launch R3-Based Digital Currency After partnering with multiple local financial institutions, the Bank of Thailand (BOT) has outlined its intentions to introduce its own cryptocurrency. дальше »
2018-8-27 19:57 | |
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Bank of Thailand Announces Wholesale Central Bank Digital Currency
In an open statement published yesterday, the Bank of Thailand (BOT), the country’s central bank, announced that it has begun developing a wholesale central bank digital currency. The project is designed to address technological changes happening in the financial services industry by raising the Thai financial sector’s readiness for adopting new financial tech. дальше »
2018-8-23 20:59 | |
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Thailand: Central Bank Allows Institutions to Open Crypto-Specific Subsidiaries
Continuing its decisive development spree for the optimal growth of the cryptocurrency sector, the Bank of Thailand (BoT) passed a resolution to allow local banks to set-up cryptocurrency-focused subsidiaries for dealing with related businesses. дальше »
2018-8-7 02:00 | |
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Netherlands Central Bank: We Don’t Consider Cryptocurrency To Be Money
The central bank of the Netherlands has issued new comments on cryptocurrency this week, continuing a popular narrative from the banking sector that it is “not money. ” ‘Spending, Saving And Calculating’ In a video statement translated by local news outlet Dutch News, De Nederlandsche Bank divisional director Petra Hielkema said that cryptocurrency did not adequately permit three specific functions which consumers need and which are currently fulfilled by fiat currency. дальше »
2018-8-4 21:30 | |
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Central Bank of Russia Identifies ‘Dozens’ of Fraudulent Cryptocurrency Schemes
Russia’s First Bank Attempting To End Fraud In The Cryptocurrency Sector Of The Country As it turns out cryptocurrency isn't going as smooth and Russia it as it has been in the United States. The former Soviet Union country, who actively participates in cryptocurrency, is having major issues with pyramid schemes and Ponzi stealing money […] дальше »
2018-7-31 11:05 | |
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Cardano Aims For A Trillion, Bets On Five Or Ten
Cryptocurrency is never dull. Bitcoin’s anonymous creator designed the protocol as a two-fingered salute to the financial sector; Ethereum wants to be the universal computer; when not battling the SEC, Ripple XRP cozies up to large corporations and central banks; Bitcoin Cash thinks it does a better two-fingered salute than Bitcoin. дальше »
2018-7-24 00:16 | |
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EU Parliament Study: Central Bank Digital Currencies ‘Will Reshape Competition’ in Crypto Market
A study issued by the European Parliament Committee on Economic and Monetary Affairs suggest that gov’t issued cryptocurrencies could be a “remedy” for a lack of competition policy in the crypto sector дальше »
2018-7-23 20:47 | |
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Hong Kong’s Banking Sector to Get a Blockchain Platform by September
The Hong Kong Monetary Authority, the region’s currency board and central bank, is set to launch a live blockchain-based trading platform in September. The banking project is backed by HSBC, Bank of China, ANZ, DBS Bank, Bank of East Asia,… The post Hong Kong’s Banking Sector to Get a Blockchain Platform by September appeared first on CoinCentral. дальше »
2018-7-20 16:08 | |
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Fed Governor’s Crypto Testimony Reveals US Central Bank Has No Plans For Regulation
Jerome Powell, chairman of the U. S. Federal Reserve, raised concerns about cryptocurrencies on Wednesday, saying they present serious risks to investors. During his testimony before the House Committee on Financial Services,Powell was asked for his opinion on cryptocurrencies and he had few kind words for the sector. дальше »
2018-7-19 15:00 | |
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Cryptocurrency’s People-Oriented Nature Beats Traditional Monetary System
At a time when central banks and other heavyweights in the traditional finance sector are busily stating reasons why bitcoin and the entire cryptocurrency ecosystem can’t function as fiat money, highly reputable serial entrepreneur Jeffrey Wernick has come up with ideas why he thinks the world’s legacy finance system is faulty. дальше »
2018-7-16 22:30 | |
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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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India Has Strangled Its Fast-growing Cryptocurrency Sector in 4 Months
The Indian cryptocurrency sector has been devoid of all banking resources as directed by the country’s central bank, The Reserve Bank of India, since Friday, July 6. A four-month long legal fight, low volumes, falling crypto prices and, now, the lack of banking is testing the foundation of this sector. дальше »
2018-7-9 15:59 | |
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South Korea’s Central Bank Opposes Issuing a Central Bank Digital Currency
South Korea’s central bank has said that it opposes the idea of issuing a central bank digital currency (CBDC). The news comes from the Bank of Korea’s (BOK’s) report about coins and the crypto-ecosystem, which looked at the possibility of issuing a CBDC and also how digital currencies might influence Korea’s financial sector as a. дальше »
2018-6-19 01:00 | |
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SEC Chairman: Cryptocurrencies Like Bitcoin Are Not Securities, but Most ICOs Are
U. S. Securities and Exchange Commission (SEC) chairman Jay Clayton states that the SEC will not be bending the rules anytime soon when it comes to cryptocurrencies and that while bitcoin remains a commodity, all initial coin offering (ICO) tokens — or coins offered through a fundraising process — classify as securities. дальше »
2018-6-11 22:23 | |
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