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PBOC Happy to Kill Bitcoin Trading, RMB-BTC Trading Now Less Than 1 Percent of Global Total
The People’s Bank of China (PBOC) announced on Friday, July 6, that Bitcoin trading in renminbi (RMB) has decreased to less than one percent of the world total. The trading figure reached its peak at 90 percent of the global total. дальше »
2018-7-10 16:54 | |
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Cryptos Pose ‘Insignificant Risk’ to Financial Markets: Bank of Korea
One week after the Financial Services Commission (FSC) of South Korea said that it is “not opposed” to digital currencies, a Bank of Korea report claimed that cryptocurrencies do not pose a significant risk to the country’s financial system. дальше »
2018-7-10 16:19 | |
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Cryptocurrency Experts & Whales Respond to BIS Bitcoin Bashing Report
BIS Whales Reveal Their True Thinking In a strongly-worded statement, the Bank of International Settlements (BIS) head Agustin Carstens has said that young people must “stop trying to create money. ” Carstens said that cryptocurrencies are “ponzi scheme[s]” destined to “fail dramatically. дальше »
2018-7-9 21:05 | |
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India’s Unocoin Trading Exchange Adapts to RBI Cryptocurrency Ban
How Unocoin is Going to Tackle Reserve Bank of India’s Crypto Ban The banking ban by India’s central bank has become on July 5. One of India’s largest cryptocurrency exchanges, Unocoin, is a member of IAMAI, as are some other major crypto exchanges including Zebpay and Coinsecure. дальше »
2018-7-9 19:42 | |
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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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Indian Crypto Exchanges Forge Ahead With Solutions to RBI Ban
Indian cryptocurrency exchanges are forging ahead with their solutions to the crypto banking ban imposed by the country’s central bank. A growing number of exchanges have stopped fiat support as they ramp up peer-to-peer and crypto-to-crypto trading. дальше »
2018-7-9 15:53 | |
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Coinbase CTO Says Bitcoin Creates Easier Way To Not Use USD System For Investors
CTO of CoinBase, Balaji S. Srinivasan, and co-founder of Counsyl, as well as Teleport, Earn and CoinCenter released a tweet on his response to the Bank of International Settlements’ extreme warnings on cryptocurrency trading, even stating that digital commerce will bring the internet crashing to a halt. He responded to the group’s tweet warning, saying, […] дальше »
2018-7-9 11:03 | |
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South Korean Central Banks Own Nearly $2 Billion Worth In Crypto Assets Portfolio
It seems that the adaption for banks to be more accepting of cryptocurrency has taken their regulations a step further, joining in on these investments themselves. The central bank of South Korea has recently found success, reporting that local commercial banks had won $1. дальше »
2018-7-9 10:44 | |
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Policy Easing, New Crypto Classification in South Korea
South Korea has been busy revising its cryptocurrency regulations. The regulators plan to ease the rules on crypto assets in line with G20 policies. While a new crypto classification system has been created, another government agency is conducting an on-site inspection of crypto exchanges following multiple hacks. дальше »
2018-7-9 08:15 | |
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German Bank gives many special accounts to Cryptocurrency firms
The newly featured resource called the ‘Blockchain Factory,’ will offer financial management services to companies whose business operations deal directly and indirectly with cryptocurrency solutions and blockchain technology. дальше »
2018-7-9 08:06 | |
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German Bank Offers Special Accounts to Cryptocurrency Firms
The Berlin-based Banking-as-a-Platform (BaaP) institution Solarisbank has recently announced the launch of their new banking service plan that’s focused on clients from the blockchain and digital currency industry. дальше »
2018-7-9 06:15 | |
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Guess Who’s Angry At The Reserve Bank Of India – John McAfee
Crypto-celebrity John McAfee has spoken out against the Reserve Bank of India (RBI), whose decision to ban cryptocurrency is now in full force in the wake of a July deadline set by the RBI when the decision was initially made. дальше »
2018-7-9 23:30 | |
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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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Central Bank Of The Philippines Approves Two New Crypto Exchanges
On July 6th, the Philippine central bank, Bangko Sentral ng Pilipinas (BSP), has approved applications filed by two new cryptocurrency exchanges. Chuchi G. Fonacier, the deputy governor of the Bangko Sentral ng Pilipinas (BSP), reportedly said that the bank has approved the applications of ETranss and Virtual Currency Philippines, Inc., accrediting them as new platforms. […] дальше »
2018-7-7 20:17 | |
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Prominent Investor: Cryptocurrency Gives People an Easy Opt Out From US Dollar
Balaji S. Srinivasan, CTO of Coinbase and co-founder of Counsyl, Earn, Teleport, and CoinCenter tweeted out his response to the Bank for International Settlements’ critical warnings about cryptocurrency including that digital commerce will ‘bring the internet to a halt,’ Srinivasan responded to the group’s warnings by tweeting “Well, if central banks hadn’t created all those dollars,. дальше »
2018-7-7 15:00 | |
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BIS Chief on Cryptocurrency: “Stop Trying to Create Money”
The General Manager of the Bank of International Settlements (BIS) expressed a dystopian ending for cryptocurrencies — arguing that “creating money from nothing” has “never worked." The post BIS Chief on Cryptocurrency: “Stop Trying to Create Money” appeared first on CryptoSlate. дальше »
2018-7-7 05:00 | |
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Coinome adds XRP trading pairs with Bitcoin Cash [BCH], Litecoin [LTC] and DigiByte [DGB]
Coinome hailed as India’s ‘safest exchange’, announced recently that they will be launching new trading pairs for XRP. This comes after the Reserve Bank of India asked financial institutions to not conduct transactions with cryptocurrency exchanges. дальше »
2018-7-7 04:07 | |
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Swiss Stock Exchange Operator Plans to Launch Crypto Exchange
SIX, the firm that operates and owns the Swiss stock exchange, has announced plans to launch a fully regulated digital cryptocurrency exchange. The firm says it plans to launch "the first market infrastructure in the world” which will “offer a fully integrated end-to-end trading" while providing a safe environment where digital assets can be issued and existing securities and non-bankable assets can be tokenized. дальше »
2018-7-7 23:11 | |
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Philippines Government Approves Two New Crypto Exchanges
The central bank of the Philippines has reportedly approved two new cryptocurrency exchanges, bringing the total number of accredited crypto exchanges in the country to five. Meanwhile, crypto transactions have been growing in the country. дальше »
2018-7-6 20:50 | |
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Reserve Bank of India’s Restrictions for Cryptos Upheld by Court
In a recent hearing, the Supreme Court of India refused to grant a stay on a banking ban for cryptocurrency entities dictated by the Reserve Bank of India (RBI). The RBI ban will come into effect on July 5th. дальше »
2018-7-6 15:59 | |
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Bitcoin Controversy Continues To Sweep India
With the Reserve Bank of India’s (RBI) new ruling coming to force yesterday, India have featured in numerous news headlines and will no doubt continue to do so through the week. As a recap, yesterday the RBI’s new rulings came to power which essentially mean cryptocurrency trading across exchanges, with FIAT currency will no longer be allowed. дальше »
2018-7-6 11:30 | |
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Examining the Indian Government’s Fight Against Cryptocurrency
The Reserve Bank of India’s cryptocurrency ban comes into effect tomorrow (July 6, 2018). Once one of the thriving centers of cryptocurrency commerce, the ban is most likely going to decimate India’s virtual currency economy. дальше »
2018-7-5 23:00 | |
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‘Stop Trying to Create Money,’ BIS Chief Tells Young Bitcoiners
The general manager of the Bank of International Settlements (BIS) Agustin Carstens has renewed the institution’s attacks on cryptocurrency, calling them “a bubble, a Ponzi scheme and an environmental disaster. дальше »
2018-7-5 17:00 | |
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The head of the Bank for International Settlements (BIS) continued the institution’s critical stance on cryptocurrency, saying it “cannot assume the functions of money,” BIS reports July 4.
The head of the Bank for International Settlements (BIS) continued the institution’s critical stance on cryptocurrency, saying it “cannot assume the functions of money,” BIS reports July 4. Speaking to Swiss newspaper Basler Zeitung last week, subsequently published by BIS itself, general manager Agustin Carstens cautioned “young people” against “trying to create money,” drawing comparisons дальше »
2018-7-5 16:55 | |
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Supreme Court’s Decision on RBI’s Restrictions May Push Crypto Industry Towards a P2P Model
India’s top court just dealt a major blow to the cryptocurrency industry in the country. The nation’s crypto community was stunned when the Supreme Court refused to overturn the Reserve Bank of India’s (RBI) ban, which barred all financial institutions it regulates from dealing with cryptocurrencies. дальше »
2018-7-5 16:09 | |
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Reserve Bank Of India Anti Crypto Ruling Comes Into Play, Today
After months of court appearances, online petitions and wide debate, the (RBI) Reserve Bank of India’s anti-crypto ruling comes into play today (5th July 2018), meaning that from now on, the face of the cryptocurrency landscape in India is about to change significantly. дальше »
2018-7-5 15:30 | |
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BIS Chief Bashes Cryptocurrency Again in Scathing Review of Its ‘Failure’ as Money
Bitcoin and cryptocurrency have come in for more bad press from banks as the head of the Bank for International Settlements says they “fail” as money
дальше »2018-7-5 14:35 | |
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Indian Crypto Exchanges Drop Fiat Support as Banks Close Their Accounts per RBI Ban
Cryptocurrency exchanges in India have one by one announced the shut down of their fiat deposits and withdrawals as banks start closing their accounts per RBI’s crypto banking ban. Meanwhile, they are trying to educate the central bank in hopes of easing the ban. дальше »
2018-7-5 00:40 | |
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Report: 18% of People in Turkey Own Crypto Compared to 8% in the US
Eighteen percent of people in Turkey own crypto compared to eight percent in the United States, according to a study conducted by ING Bank. ING Bank Poll Finds 35% Europeans Agree Bitcoin Is the Future of Spending Online “Cracking the Code on Cryptocurrency” surveyed about a thousand respondents in each country to understand their attitudes. дальше »
2018-7-5 22:00 | |
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South Asian Banking Ban dealine around the corner, causing Zebpay exchange to stop.
One of India’s largest exchanges Zebpay announced it was freezing Indian rupee deposits and withdrawals July 4, a day before a controversial bank ban on cryptocurrency businesses comes into effect. “INR deposits and withdrawals have been paused in the Zebpay app until banks allow us again,” an update to the original warning reads. On Tuesday, дальше »
2018-7-5 21:00 | |
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WazirX CEO Says “All Eyes on July 20 Now” After RBI Cryptocurrency Ban Supreme Court Decision
All eyes were on the Supreme Court of India as it judged the awaited hearing of Internet and Mobile Association of India (IMAI) vs Reserve Bank of India (RBI) on the decision about the decision that the RBI took to forbidden banks on providing services for cryptocurrency traders. According to the decision of the Supreme […] дальше »
2018-7-4 11:12 | |
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Breaking: Supreme Court of India refuses to grant temporary stay against RBI’s cryptocurrency restriction
Today, on July 3rd, Supreme Court of India [SC] held the awaited hearing of Internet and Mobile Association of India v/s Reserve Bank of India [RBI]. As per the recent reports, SC has not granted a temporary stay and the effective date for banks to stop supporting cryptocurrency exchanges still stands the same, that is, July […] дальше »
2018-7-4 23:57 | |
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RBI Forces Indian Banks to Cease All Cryptocurrency Activity in Two Days
Financial institutions in India have only two more days to close off relationships with individuals and firms dealing in cryptocurrencies. The Reserve Bank of India (RBI) gave a three-month window for activities to cease back in April which ends on July 5. дальше »
2018-7-3 17:30 | |
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India Bitcoin Bank Ban in Effect July 5 After Supreme Court Decision
India’s Supreme Court has refused to extend a grace period allowing cryptocurrency entities to keep banking services beyond this week’s deadline set by the central bank. Exchanges Go P2P According to various media outlets, the Reserve Bank of India (RBI) will now succeed in implementing its ban on cryptocurrency business support on July 5. дальше »
2018-7-3 16:00 | |
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India’s Supreme Court Will Not Lift RBI Crypto Ban
It finally seems as if a decision has been made by India’s Supreme Court regarding the recent cryptocurrency ban established by the Reserve Bank of India (RBI). India’s Central Bank, the RBI, established a cryptocurrency ban a few months ago which detailed that it’s customers could not have any engagement with cryptocurrency. дальше »
2018-7-3 15:30 | |
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CoinMarketApp, The Latest Crypto Portfolio Management App Available On Android And iOS
Download for Android Download for iOS CoinMarketApp is stand out cryptocurrency management app, perfect for everything from viewing the latest news stories to market prices, ICO releases and so much more. дальше »
2018-7-3 12:15 | |
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Indian Crypto Exchanges Launching P2P Trading Services – Bypassing RBI Ban
With the impending banking ban by the Reserve Bank of India, cryptocurrency exchanges in the country are scrambling to find banking alternatives. Two Indian exchanges have announced that they are launching P2P crypto trading services which will allow traders to buy and sell crypto legally even after the central bank’s ban. дальше »
2018-7-2 16:20 | |
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Bitcoin early adopters loosing faith BTC? Suggests analysis by Chime
According to the latest report by Fortune, Bitcoin [BTC] has seen huge withdrawals than deposits in the month of April on Coinbase, the largest cryptocurrency exchange platform based in the U.S. The report is based on the recent analysis conducted on 500,000 users of Coinbase by Chime, a bank based in San Fransico. Bitcoin [BTC] […] дальше »
2018-7-1 14:49 | |
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Major Indian Cryptocurrency Exchange Shares What to Expect When RBI Ban Begins
The banking ban by India’s central bank is set to begin on July 5. One of the largest crypto exchanges in the country, Unocoin, is working on banking alternatives. News. Bitcoin. com spoke with the exchange’s CEO about what to expect when the ban begins, trader sentiment, and possible ways to bypass the ban. дальше »
2018-7-1 11:38 | |
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Bank of England Deputy Governor Issues Warning to Financial Firms Over Crypto Risks
In a letter dated June 28, Sam Woods, deputy governor at the Bank of England who is also the CEO of the Prudential Regulation Authority (PRA), the UK’s financial watchdog, provided a reminder to financial firms of their “relevant obligations under PRA rules, and to communicate the PRA’s expectations regarding firms’ exposure to crypto-assets. дальше »
2018-6-30 18:29 | |
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Indian Exchange Wazirx Launches P2P Crypto Trading
The Reserve Bank of India’s deadline to terminate all banking services for crypto-related entities is set to end on July 6. As the date approaches,WazirX, a cryptocurrency exchange, is getting ready for the possible end of its current crypto trading services model in India and preparing a new one. дальше »
2018-6-30 14:14 | |
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Chairman of Major Japanese Bank Says Ripple Can be the Global Standard of Money
At the Japan Blockchain Conference held on June 27, the biggest cryptocurrency and blockchain conference in Japan, Yoshitaka Kitao, the chairman of SBI Holdings and CEO of SBI Group, expressed his optimism towards the long-term growth of the Ripple blockchain network. дальше »
2018-6-30 13:47 | |
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Chinese Bank PBoC Files Digital Wallet to Track Crypto Transactions Patent
China’s central bank, the so called People’s Bank of China, has presented a patent application for a wallet that consumers are able to use so as to track cryptocurrency transactions. The patent has been sent to China’s State Intellectual Property Office (SIPO) during the last week. In the last year, China has been one of […] дальше »
2018-6-30 09:27 | |
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