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A Russian billionaire is getting into cryptocurrency, but not in the way that you would expect
Vladimir Potanin, one of the richest individuals in Russia and the CEO of metal conglomerate Norilsk Nickel, received approval from the Central Bank of Russia to operate a cryptocurrency. A central bank-approved cryptocurrency According to The Moscow Times, Potanin stated that the central bank has given the company the approval it needs to operate the […] The post A Russian billionaire is getting into cryptocurrency, but not in the way that you would expect appeared first on CryptoSlate. дальше »
2020-3-1 22:14 | |
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China has suspended the development of its own cryptocurrency due to coronavirus
The Central Bank of China was forced to postpone the development of the digital yuan, the state cryptocurrency of China, which was planned in the first quarter of 2020. “The coronavirus outbreak has led to postponed work resumption in government institutions, including the People’s Bank of China (PBC). дальше »
2020-2-27 21:43 | |
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G20 Kicks Off 2020 Discussion on Cryptocurrencies — Urges Countries to Apply FATF Standards
The G20 finance ministers and central bank governors had their first 2020 meeting this weekend in Saudi Arabia. They discussed cryptocurrencies and stablecoins, and issued a statement urging countries to implement the cryptocurrency standards set by the Financial Action Task Force. дальше »
2020-2-24 08:50 | |
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OSCE Sponsors Cryptocurrency Course for Central Asia Law Enforcement
The OSCE held a course on the darkweb and cryptocurrencies for law enforcement officials from Kazakhstan, Kyrgyzstan, Tajikistan and other Central Asian countries
дальше »2020-2-22 14:55 | |
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Russia to prohibit cryptocurrency payments
The Russian security services and the Central Bank of Russia reached a consensus on the regulation of virtual money. They propose to prohibit paying with cryptocurrencies in Russia, and allow exchange operations only through operators with special license. дальше »
2020-3-1 10:00 | |
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CBDCs are not all the same and policymakers/regulators know it
Despite the fact that Bitcoin and the larger cryptocurrency market is enjoying a bullish time, the case of central bank-issued digital currencies [CBDCs] cannot be forgotten. Last year, several cenThe post CBDCs are not all the same and policymakers/regulators know it appeared first on AMBCrypto. дальше »
2020-2-18 18:00 | |
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Central Bank of Russia Proposes Amendments To Legal Framework for Tokenization
The proposed cryptocurrency legislation in Russia could change a lot, now that a new bill for tokenization has been filed. On February 17, the Central Bank of Russia (CBR) has made the announcement that it has completed a blockchain tokenization pilot program. дальше »
2020-2-17 20:42 | |
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Analyst: Central Banks Pushing Money into the Markets Behind Bitcoin Bull Rally
The crypto market is enjoying a bull run that has the leading cryptocurrency up over 40% in 2020 so far. Though we couldn’t breach the $10,500 level yesterday, we are still above $10k. While Bitcoin is running, altcoins are flying. дальше »
2020-2-13 19:44 | |
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Central Banks’ “Free Money” is Behind Bitcoin Bull Run: Mati Greenspan
A portion of fresh cash liquidity supplied by the global central banks has made its way into the bitcoin market, says Mati Greenspan, the founder of Quantum Economics. The prominent market analyst told BlockTV that the cryptocurrency – more or less – behaved like stocks as it rose from $6,430 to well above $10,000 in... The post appeared first on NewsBTC. дальше »
2020-2-11 16:45 | |
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Fundamentally, central banks can't offer state-backed cryptocurrency
On a recent episode of 'The Breakdown' podcast, Kraken's director of business development, Dan Held, spoke about one of the more heavily debated topics among members of the cryptocurrency community --The post Fundamentally, central banks can't offer state-backed cryptocurrency appeared first on AMBCrypto. дальше »
2020-2-10 20:00 | |
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Rise of Libra and Digital Yuan Spur Action from Global Powers
Facebook’s Libra may have nudged central banks to open their eyes to the world of digital currencies, but China’s brisk progress on its digital yuan has compelled global powers to...The post Rise of Libra and Digital Yuan Spur Action from Global Powers appeared first on Cryptocurrency News. дальше »
2020-2-6 19:03 | |
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Bank of Korea Sees No Reason for Central Bank Digital Currency
Bank of Korea sees no need to generate a Central Bank Digital Currency (CBDC), an official shared the regulator’s position. Despite the overwhelming presence of cryptocurrency projects in South Korea, the country’s central bank is skeptical of the drive for CBDCs. дальше »
2020-2-7 17:00 | |
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Wendy McElroy: The Narrative and Philosophy of Cryptocurrency
“The central banks of Britain, Japan, the euro zone, Sweden and Switzerland have grouped up to assess potential use cases for digital currencies. Talk of such currencies gained momentum after Facebook announced plans last year to introduce a cryptocurrency called libra,” – CNBC. дальше »
2020-2-5 06:00 | |
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Russian Central Bank reports boom of cryptocurrency and ordinary Ponzi schemes
In 2019, the Bank of Russia discovered 237 financial Ponzi schemes that operated on the territory of Russia. Many of them promised high returns and encouraged investing in cryptocurrencies. дальше »
2020-2-7 15:13 | |
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Don’t Call China’s Digital Currency a Crypto Project
China’s central bank digital currency (CBDC) has been shrouded in mystery. Some have labeled the development as a tracking tool for an authoritarian government. Others have been more generous. Both...The post Don’t Call China’s Digital Currency a Crypto Project appeared first on Cryptocurrency News. дальше »
2020-2-4 17:14 | |
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Cambodia Announces Own Cryptocurrency as More Details Surface About China’s Digital Yuan
With China still in the lead, other countries are advancing their projects to develop payment systems around central bank digital currencies (CBDCs). Cambodia, for example, has recently revealed it will mint its own coin within months. дальше »
2020-2-3 07:25 | |
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Cambodia Announces State Cryptocurrency as More Details Surface About China’s Digital Yuan
With China still in the lead, other countries are advancing their projects to develop payment systems around central bank digital currencies (CBDCs). Cambodia, for example, has recently revealed it will mint its own coin within months. дальше »
2020-2-3 07:25 | |
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Cambodia to Launch Digital Currency with Support of 11 Banks
Two years after reports of a Cambodian cryptocurrency, the country is set to launch a central bank digital currency (CBDC) payment system. Project Bakong to Feature Centralized Digital Currency According to Cambodian daily Phnom Penh Post, the country’s central bank is set to roll out “Project Bakong,” a blockchain-powered money transfer platform that features a CBDC. дальше »
2020-1-31 17:00 | |
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China Urged to Regulate Cryptocurrency Over Growing Libra Concerns
The powers that be in China seldom listen to advice from any outsiders. One former central banker, however, thinks that global cooperation is needed, especially in response to Facebook’s Libra. China has fast-tracked the development of its central bank digital currency (CBDC), primarily over fears that Facebook could dominate if it gets there first. дальше »
2020-1-28 17:10 | |
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French Central Bank Exec Opposes Private Crypto Assets
Central bankers who initially discounted Bitcoin and other public crypto assets as fraud, Ponzi schemes or scams, have suddenly changed their stance. Banks Now Love Crypto, But Only if They Can Control It Bank of France Governor Francois Villeroy de Galhau is the latest monetary policymaker who has recently commented on cryptocurrency and advocated for the technology to be issued and controlled by central banks. дальше »
2020-1-27 19:30 | |
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Cryptocurrencies Remain Niche but Interest in Central Bank Digital Currencies is Soaring
The Bank of International Settlements (BIS) has never been a big fan of Bitcoin and the cryptocurrency wave sweeping the financial space, but it is being forced to sit up and take notice of emerging economies who are examining Central Bank Digital Currencies (CBDC). дальше »
2020-1-25 08:16 | |
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Is Japan Entering the Central Bank Digital Currency Space Too?
Recent reports indicate that Japan might be moving towards launching its own CBDC, although uncertainty remains high due to reports that deny the decision. Japanese lawmakers might be moving in on the crypto space Ever since Facebook confirmed the rumors that it plans to launch its own cryptocurrency, lawmakers, regulators, and central banks around the world started taking the crypto sector a lot more seriously. дальше »
2020-1-24 14:32 | |
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May 2020 Will See Bitcoin Become Major Competitor to World Currencies: Economist
Over the past decades, central banks like the Federal Reserve have failed to keep inflation rates stable. Bitcoin may benefit from this trend. After the cryptocurrency’s upcoming halving, after which the coin will have “economically indisputable reasons” to become a legitimately competitive store of value versus other world currencies. дальше »
2020-1-24 21:00 | |
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India Central Bank Says It Hasn’t Banned Crypto
The Reserve Bank of India (RBI) says it has not banned cryptocurrency usage — only the regulated avenues leading to it
дальше »2020-1-23 22:52 | |
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India's central bank begins arguments in 'Crypto v. RBI' case
The 'Crypto v. RBI' case resumed before the Supreme Court of India on 22 January, with the counsel for the Indian cryptocurrency exchanges, Nakul Dewan, stating that the Reserve Bank of India [RBI] diThe post India's central bank begins arguments in 'Crypto v. RBI' case appeared first on AMBCrypto. дальше »
2020-1-22 17:00 | |
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Crypto vs RBI: Exchange Counsel and RBI Take Center Stage at Supreme Court
India’s supreme court spent all day on Wednesday hearing extensive arguments from both the counsel representing crypto exchanges and the central bank, the Reserve Bank of India (RBI). The counsel for the central bank confirmed again that cryptocurrency is not banned in India, but still justifies the banking restrictions on the crypto industry. дальше »
2020-1-22 16:05 | |
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Crypto vs RBI: Exchange Counsel and RBI Take Center Stage at Supreme Court Today
India’s supreme court spent all day on Wednesday hearing extensive arguments from both the counsel representing crypto exchanges and the central bank, the Reserve Bank of India (RBI). The counsel for the central bank confirmed again that cryptocurrency is not banned in India, but still justifies the banking restrictions on the crypto industry. дальше »
2020-1-22 16:05 | |
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Crypto vs RBI Case Heats Up at Indian Supreme Court as RBI Begins Arguments
India’s supreme court spent all day on Wednesday hearing extensive arguments from both the counsel representing crypto exchanges and the central bank, the Reserve Bank of India (RBI). The counsel for the central bank confirmed again that cryptocurrency is not banned in India, but still justifies the banking restrictions on the crypto industry. дальше »
2020-1-23 16:05 | |
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This One Trillion Dollar Factor Will Boost Bitcoin Sky High In the Long Run
Thanks to its hard monetary policy and lack of national affiliation, Bitcoin has been described by many as the perfect hedge against global economic uncertainty. Around the world, the questionable policies of central bankers create new reasons for people to turn to the cryptocurrency every day. дальше »
2020-1-22 01:00 | |
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RBI Confirms Crypto Not Banned in India
The Reserve Bank of India (RBI) has confirmed that cryptocurrency is not banned in India. During the latest supreme court hearing of the crypto case, the central bank’s reply to the Internet and Mobile Association of India was read out in detail. дальше »
2020-1-21 19:00 | |
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Are Central Bank Policies Causing the Cryptocurrency Pump?
Recent price action across the cryptocurrency market has seen certain coins almost double in value and Bitcoin come back towards a bullish trend. There are a few theories as to what has sparked this turnaround, but could it be a reaction to central bank policies? Fears over a potential global recession have been heightened in the last […] The post Are Central Bank Policies Causing the Cryptocurrency Pump? appeared first on BeInCrypto. дальше »
2020-1-16 09:01 | |
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The Court of India is considering the lifting of the ban on the work of the Central Bank with cryptocurrencies.
The country’s Supreme Court has postponed the consideration of the appeal in the case of compliance with the country’s constitution of a law banning the cooperation of financial institutions with cryptocurrency companies. дальше »
2020-1-15 21:45 | |
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German central banker warns against a digital euro
The head of Germany’s central bank, Dr. Jens Weidmann, told Handelsblatt that the European Union should refrain from launching a digital euro. Instead, banks should improve their payment services to compete with the growing cryptocurrency market. дальше »
2020-1-15 20:00 | |
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How Asia Will Dominate The Cryptocurrency Industry in 2020
With clearer regulations and a race between central banks to develop digital currencies, Asia is leading the way in the cryptocurrency industry. This trend is set to continue in 2020 as nations of the West get bogged down by their own bureaucracy. дальше »
2020-1-13 06:17 | |
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High DeFi Returns Rely on Usage and Value Capture
A research experiment by Messari highlights how certain sub-niches of DeFi outperformed the rest by linking price appreciation to utility and usage. Dollar Returns From Top Tokens The rise of DeFi was unmistakably a central theme in the cryptocurrency landscape of 2019. дальше »
2020-1-10 10:48 | |
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Even Baidu has its own Cryptocurrency in China
In China, all eyes are on the government and its central bank digital currency. This has allowed Baidu to get ahead of the pack and launch its own currency. This new currency, known as Xuperchain, is an actual cryptocurrency. дальше »
2020-1-7 07:00 | |
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China Digital Currency ‘Progressing’, But Still No Launch Date
The People’s Bank of China recently published an update on the development of its national cryptocurrency, stating that it is ‘progressing smoothly. ’ Last week, China’s central bank held its annual work conference in Beijing, during which it touched upon numerous topics, one of which is its own CBDC. дальше »
2020-1-7 13:50 | |
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Federal Reserve’s Record $235 Billion Repo Intervention Validates Bitcoin
While Bitcoin is an asset independent of central banks, of banks, and of Wall Street, the cryptocurrency’s strength and underlying value proposition have become increasingly dependent on events in the traditional financial world as this fledgling industry has grown. дальше »
2019-12-28 13:00 | |
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Why Bitcoin: Federal Reserve to print billions to keep economy afloat
While Bitcoin is an asset independent of central banks, of banks, and of Wall Street, the cryptocurrency’s strength and underlying value proposition have become increasingly dependent on events in the traditional financial world as this fledgling industry has grown. дальше »
2019-12-16 07:02 | |
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Lithuanian Central Bank Publishes Crypto (CBDC) Research
This year has seen the beginnings of a global race to launch central bank crypto-assets (CBDCs). No country has managed it yet but China is emerging as the clear favorite. This has spurred the forward-thinking banks of the world into action, and Lithuania is the latest to join the cryptocurrency party. дальше »
2019-12-11 10:00 | |
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India: RBI Mulling State-Owned Cryptocurrency
The Reserve Bank of India (RBI), India’s central bank, has become the latest central bank with plans to launch a central bank digital currency otherwise known as CBDC. Despite looking into the possibility of launching a ‘crypto-rupee’, the RBI still maintains its anti-cryptocurrency stance. дальше »
2019-12-7 10:00 | |
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RBI Governor Discusses Crypto and Central Bank Digital Currency
The governor of the Reserve Bank of India (RBI), Shaktikanta Das, spoke about cryptocurrency during a press conference on Thursday. He also talked about the prospect of an RBI-issued digital currency, when the time will be right for issuing one, and his view on private digital currencies. дальше »
2019-12-6 16:30 | |
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Bank of France Announces Testing of Central Bank-Issued Digital Currency in Q1 Next Year
Cryptocurrency is still a risky product for many banks and countries around the world, but the use of central bank-issued digital currency allows a safer exploration for traditional financial institutions. дальше »
2019-12-5 23:12 | |
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Sri Lanka's Central Bank to use blockchain tech for KYC processes
This year, the cryptocurrency industry witnessed several countries, as well as mainstream companies, explore the prospects of blockchain technology and cryptocurrencies. Sri Lanka is the latest one toThe post Sri Lanka's Central Bank to use blockchain tech for KYC processes appeared first on AMBCrypto. дальше »
2019-12-3 08:30 | |
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Is Japan Following China with Central Bank Crypto Plans?
China is relentlessly pressing ahead with its blockchain drive and central bank crypto but it is not the only nation in the region riding the digital asset train. Japan’s central bank is also actively researching the legalities of a state-controlled cryptocurrency. дальше »
2019-12-2 11:06 | |
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