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Bank of Uganda Issues Warning Against Cryptocurrency
While cryptocurrency adoption is rising globally, some governments remain skeptical of the nascent market. Uganda is just one of these countries, with the administration choosing to remain on the fence as the central bank releases a new warning against the use of crypto. дальше »
2022-5-8 23:51 | |
A looming global energy crisis could directly affect Bitcoin miners
The World Bank recently reported that global energy prices could remain “historically high” until 2024. The post A looming global energy crisis could directly affect Bitcoin miners appeared first on CryptoSlate. дальше »
2022-5-1 00:30 | |
US Treasury Adds More Teeth On Russian Sanctions – Will It Scare Putin And His Central Bank?
The United States is making sure that Russian sanctions remain tightly in place and prevent Russia from taking any refuge from cryptocurrencies and use these to advance its goals. According to people with firsthand knowledge of the situation, the Biden administration is asking cryptocurrency exchanges in ensuring that Russian individuals and organizations do not get […] дальше »
2022-3-1 18:01 | |
Russia’s largest bank struggles to register its digital asset platform
State-owned bank Sber is trying to launch digital asset tools, but regulators remain skeptical about the industry.
дальше »2021-12-7 16:11 | |
Australia, Malaysia, Singapore, South Africa Set To Test Cross-Border CBDC
CBDC, also central bank digital currency, is a digital token issued by a country. Many governments and central banks around the world are exploring the use of CBDCs. Even though they mostly remain in the hypothetical stage. дальше »
2021-9-6 00:00 | |
Bank Of America Supposedly Gives Approval For Bitcoin Futures Trading
A recent development in the crypto industry shows that clients of the second-largest bank in America can now engage in Bitcoin futures trading. The sources of this information stated their preference to remain anonymous. дальше »
2021-7-25 05:33 | |
Scammers Pick Bank Transfers Over Cryptocurrency, Australian Report Reveals
Investment scams have been by far the most common type in Australia recently, a new report by the country’s consumer watchdog has revealed. And while a growing number of Australians fall victim to fraudulent schemes involving cryptocurrency, bank transfers remain the scammers’ favorite way to extract money. дальше »
2021-6-8 09:00 | |
Crypto exchange AAX suspends fiat deposit/withdrawal by direct bank transfer, other options remain open
CryptoNinjas » Crypto exchange AAX suspends fiat deposit/withdrawal by direct bank transfer, other options remain open The team of crypto exchange/futures platform AAX, announced today that in light of recent developments, AAX will be suspending its fiat deposit and withdrawal service by direct bank transfer. дальше »
2021-5-26 06:07 | |
Crypto exchange AAX suspends fiat deposit & withdrawal by direct bank transfer, other options remain open
CryptoNinjas » Crypto exchange AAX suspends fiat deposit & withdrawal by direct bank transfer, other options remain open The team of crypto exchange/futures platform AAX, announced today that in light of recent developments, AAX will be suspending its fiat deposit and withdrawal service by direct bank transfer. дальше »
2021-5-27 06:07 | |
Regulators remain lost at sea as the crypto market undergoes wild swings
The crypto market’s recent performance has left Washington showing that it still has a lot to learn. As most cryptocurrencies continue trading sideways after massive losses, bank regulators testified for hours on end at Capitol Hill today. дальше »
2021-5-21 22:13 | |
Official Remittances to Nigeria Plummet by Almost 40% in a Year When Crypto Use Surged
According to the latest data from the World Bank, international money transfers into Nigeria dropped by nearly 40% from $23.8 billion recorded in 2019 to $17.2 billion in the past year. Yet despite this fall, remittances, which account for 4% of the country’s GDP, still remain an important source of foreign exchange for the oil-rich […] дальше »
2021-5-14 10:00 | |
Nigeria’s SEC in Talks With Central Bank of Nigeria Over Crypto Regulation— 2020 Crypto Guidelines Still Suspended
Nigeria’s Securities and Exchange Commission (SEC) has revealed that talks with the Central Bank of Nigeria (CBN) regarding the regulation of cryptocurrencies are ongoing. The securities regulator also reiterated that due to a CBN directive that was issued on February 7, 2021, the crypto guidelines it issued in September 2020 remain suspended. Crypto Guidelines Set […] дальше »
2021-4-17 04:30 | |
A Petition Calls for the Central Bank of France to Buy Bitcoin and Other Crypto Assets
A lawmaker signed the petition, which says, “France cannot decently remain as an observer of a race which has already started” as “not owning Bitcoin will put it in a financially weak position.” The post A Petition Calls for the Central Bank of France to Buy Bitcoin and Other Crypto Assets first appeared on BitcoinExchangeGuide. дальше »
2021-3-14 17:38 | |
Bank of Russia Head says Risks of Investing in Bitcoin Is Intensifying
The head of the Central Bank of Russia, Elvira Nabiullina, believes that the risks of investing in cryptocurrencies continue to increase. During a press conference on Friday, Nabiullina said that her views about digital currencies remain the same, as per Russian publication Tacc. дальше »
2021-2-14 19:51 | |
European Central Bank (ECB) Member: ‘Not Sure Why People Invest’ in Crypto Assets
Central bank members are back with their warnings regarding Bitcoin and cryptocurrencies. Much like any other time, the warnings remain the same — be prepared to “lose all their money” for crypto investors. дальше »
2021-1-30 18:05 | |
BoE deputy guv: banks must adjust to changes from CBDCs
The Bank of England's deputy governor Jon Cunliffe reportedly said that England's central bank was not going to ensure that mainstream banking business would remain relevant or not when future digitalThe post BoE deputy guv: banks must adjust to changes from CBDCs appeared first on AMBCrypto. дальше »
2020-11-14 00:30 | |
Fed’s Dovishness Failed to Impress the Markets; Elections are the Next Key Event
The Federal Reserve has decided, interest rates will remain zero at least through 2023. The central bank is not expecting to see the inflation pick up for years, and even then, it will keep the rates at zero, a move the Fed Chairman Jerome Powell called strong and “powerful. дальше »
2020-9-17 17:05 | |
Regulators Easing the Restrictions on Banks Set in the Aftermath of Great Recession
The shares of big banks declined after the Fed said it would put a temporary cap on their dividend payments to preserve cash during the coronavirus pandemic. In its stress test, the central bank found that most banks would remain well capitalized in an economic downturn, but it also sees that large financial institutions remain […] дальше »
2020-6-29 23:42 | |
Mexico Has Room For More Rate Cuts
Mexico's interest rates remain historically high despite eight cuts, giving the central bank enough room to loosen monetary policy even further. дальше »
2020-6-4 13:00 | |
Bullish for Crypto: A G7 Central Bank Confirmed It’s Floating Negative Rates
Despite the roaring recovery in the S&P 500, crypto, and other markets, many facets of the global economy remain in recession. Dozens of millions are unemployed, consumer spending is down, and the global supply chain has come to a screeching halt. дальше »
2020-5-3 10:51 | |
US Fed Is Exploring Potential for Digital Currency, Says Board Member
Fed board member Lael Brainard says the institution must remain on the frontier of central bank digital currency research and policy development
дальше »2020-2-6 12:46 | |
Deutsche Bank Report: Digital Yuan Could Upset Global Power Balance, Plastic Will Die, Cash Survive
A new report from Deutsche Bank Research, Digital Currencies: the Ultimate Hard Power Tool, predicts that cash payments will remain for decades, but the emergence of digital payments “will lead to the death of the plastic card. дальше »
2020-1-29 10:25 | |
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 | |
Bitcoin the Answer to Monetary Debasement?
As central bankers around the world get set for a prolonged period of monetary debasement, the 99% could look to Bitcoin for protection. A Decade of Monetary Debasement Looms The European Central Bank issued guidance at the end of last year that it would keep “the key ECB interest rates to remain at their present […] The post Bitcoin the Answer to Monetary Debasement? appeared first on Crypto Briefing. дальше »
2020-1-7 09:23 | |
Nigeria's Bitcoin interest flies in the face of Central Bank's caution
Conceived as an alternative to traditional financial and banking solutions, cryptocurrencies have come a long way. However, despite mainstream recognition, there remain many, both in governments and mThe post Nigeria's Bitcoin interest flies in the face of Central Bank's caution appeared first on AMBCrypto. дальше »
2019-12-9 18:06 | |
Incoming ECB President Advocates 'Open' Crypto Regulations
Christine Lagarde, the chairman of the International Monetary Fund (IMF) and presidential nominee for the European Central Bank (ECB), has urged regulators to remain “open” to the opportunities presented by distributed ledger technology when developing crypto regulations. дальше »
2019-9-10 03:30 | |
Blockchain Solutions For Banking The Unbanked
The world is becoming more centered around financial technologies. And yet, there are millions of people who remain branded by the term “unbanked”. The World Bank Findex states that around 1. 7 billion adult people remain unbanked, meaning with no access to financial services. дальше »
2019-8-21 01:19 | |
JP Morgan: US Dollar Could Lose its Reserve Currency Status, Need for Investment Portfolio Diversification
The US dollar will struggle to remain the global reserve currency, in the coming decades, having already completed its tenure as a GRC. “The US dollar has been the world’s dominant reserve currency for almost a century,” wrote, bank’s strategist Craig Cohen in a report earlier this month. “We believe the dollar could lose its […] дальше »
2019-7-25 20:16 | |
Is Blockchain and Crypto The Reason For Massive Deutsche Bank Job Cuts?
Deutsche Bank is slashing 18,000 jobs in a bid to remain profitable. However, blockchain adoption may be the only route for profitability. The post Is Blockchain and Crypto The Reason For Massive Deutsche Bank Job Cuts? appeared first on Ethereum World News. дальше »
2019-7-9 22:05 | |
Israeli Supreme Court Stops Bank From Closing Crypto Exchange’s Account
In February 2018, the Supreme Court of Israel issued a temporary injunction order forbidding a major bank in the country from halting the activity of a local cryptocurrency exchange. Now the bank has been forced to accept that the company’s account will remain open indefinitely. дальше »
2019-6-3 22:45 | |
Op Ed: Bitcoin in Africa, What Needs to Be Done to Encourage Adoption?
Bitcoin has the potential to revolutionize the African continent. Through Bitcoin, millions of unbanked Africans will have access to financial services. These and many more such statements exist across the internet. дальше »
2019-6-1 21:48 | |
Owning Bitcoin is (and has been) legal in China
In a recent report, the Beijing News analyzed a case which involved more than 100 people who were scammed out of 7,000 BTC. Wei Xiao, a council member at the Bank of China Law Research Association, stated that owning bitcoin in China is legal. дальше »
2019-5-23 23:45 | |
LocalBitcoins, Once a Go-To for Anonymous Bitcoin Transactions, Adds KYC
The Finland-based, peer-to-peer cryptocurrency trading platform LocalBitcoins released a statement on March 25, 2019, responding to a new act approved by the Finnish Parliament that will require users to verify their identities. дальше »
2019-3-28 18:00 | |
Dow Surges 160 Points in Minutes as Fed Says No Rate Hike in 2019
On Wednesday, 11 out of 17 officials at the Federal Reserve reportedly voted to not increase its benchmark interest rate, vowing to remain patient. The Dow Jones immediately responded, surging 163 points within minutes. дальше »
2019-3-21 22:10 | |
Maduro Scoops 8 Tons of Venezuelan Central Bank Gold for Illegal $340 Million Cash Swap
Eight tons of gold has been taken out of the vaults of Venezuela’s central bank as tightening sanctions push President Nicolas Maduro to take extraordinary measures to remain solvent. Per opposition legislator Angel Alvarado and anonymous government sources, the gold was removed from the central bank vaults last week. дальше »
2019-3-2 17:05 | |
QuadrigaCX and the Million Dollar Questions: What We Do and Don’t Know
QuadrigaCX Exchange’s founder, Gerald Cotten, passed away more than two months ago, and with his death, the keys to the exchange’s cold storage allegedly went to the grave with him. дальше »
2019-2-26 22:21 | |
QuadrigaCX CEO Widow Sells Estate Assets, Reportedly Places Others in Trust
Jennifer Robertson, the widow of the late QuadrigaCX exchange CEO, appears to be liquidating and shuffling some estate assets. When QuadrigaCX founder and CEO Gerald Cotten passed away suddenly in December of 2018 in India, he was allegedly the only person with the knowledge of the exchange’s cold storage keys. дальше »
2019-2-15 22:06 | |
First QuadrigaCX Monitor Report: $460k in BTC “Inadvertently” Sent to Cold Wallet
According to the latest court documents in the ongoing QuadrigaCX case, the exchange sent roughly $470,000 CAD (approximately $355, 000 USD) worth of bitcoin from a hot wallet to a cold-storage wallet on February 6, 2019. дальше »
2019-2-13 03:56 | |
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 | |
Galaxy Digital is repositioning from small ICO advisory to serve more institutional clients
On November 9, Galaxy Digital Holdings Ltd. , a merchant bank dedicated to the digital assets and blockchain technology industry, founded by Michael Novogratz, announced several strategic operational and organizational changes. дальше »
2018-11-13 21:07 | |
Why Are Novogratz, Fidelity, And Bakkt Banking On Institutional Crypto Investors?
It goes without saying that Galaxy Digital, a digital asset-centric merchant bank, has been beaten and bruised in recent months. Months ago, to remain coherent with its appearance on the Toronto Stock Exchange, the startup was required to divulge its Q1 balance sheet, which wasn’t pretty, to put it lightly. дальше »
2018-11-12 16:19 | |
Bank of America Blockchain Patents Continue to Accumulate but Future Plans Still Remain Unclear
Bank of America (“Bank”) has been developing a strong collection of blockchain and cryptocurrency-related patents. Right now, the company has over 50 applications in the same area. Many are considering this to be part of an effort to succeed in an informal blockchain patent race with platforms such as Alibaba and IBM. Despite the patents […] дальше »
2018-11-5 20:46 | |
Indian Officials Consider Ban on “Private Cryptocurrencies”
Agents of the Indian government have met to formally discuss a possible ban on private cryptocurrency holdings in the nation. On October 30, 2018, the Financial Stability and Development Council (FSDC) issued a press release detailing their recent meeting where they “reviewed the current global and domestic economic situation and financial sector performance. дальше »
2018-11-1 22:37 | |