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Bitcoin No Threat Yet but Crypto ‘Phenomenon’ Needs Monitoring: European Central Bank
By CCN: The European Central Bank (ECB) has found that crypto does not pose risks to financial stability in the Eurozone. The central bank does recommend, however, that European legislatures create a uniform approach to crypto-assets. дальше »
2019-5-19 15:40 | |
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Bitcoin [BTC]: European Central Bank releases paper on cryptocurrencies’ implications for financial stability
European Central Bank, the central bank for Europe and the entity that administers the monetary policy of the EU countries, released an occasional paper titled ‘Crypto-Assets: Implications for financial stability, monetary policy, and payments and market infrastructure. дальше »
2019-5-17 13:15 | |
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MakerDAO Hikes Fees by 4% to 7.5%, Wiping $10 Million, Cryptos Fall
MakerDAO, the world’s newest central bank, has raised the stability fee or interest rates for DAI holders by an incredible 4%. That makes it a jump from 0. 5% to 7. 5%. . . The post MakerDAO Hikes Fees by 4% to 7. дальше »
2019-3-27 18:22 | |
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Bitcoin Critic Warns Central Banks Against Issuing Digital Tokens
One of the most vocal Bitcoin critics has cautioned central banks against issuing their own digital currencies, claiming that they are a threat to financial stability and monetary policy-making, as reported by Bloomberg on March 22. дальше »
2019-3-25 15:59 | |
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Bitcoin Basher Agustin Carstens Rails Against Central Bank Crypto Projects
Agustin Carstens, Bank for International Settlements (BIS) general manager and a noted bitcoin critic, has said that the launch of central bank-backed crypto assets could undermine financial stability. дальше »
2019-3-24 22:15 | |
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BIS Bitcoin Basher Warns Central Banks for Undermining Financial Stability by Issuing Digital Tokens
“Bitcoin is a bubble, a Ponzi scheme, and an environmental disaster. ” If you're a crypto enthusiast, then you must be aware of the words. The critical words about bitcoin were made some time back by Agustin Carstens, general manager at the bank for International Settlements. дальше »
2019-3-23 04:58 | |
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ECB Chief Economist: “As a Central Bank, We can Create Money to Buy Assets, This is Exactly Why Bitcoin was Invented”
In an hour-long question and answer session on Tuesday, the chief economist at European Central Bank (ECB), Peter Praet defended its sub-zero policy rate, calling it a powerful tool that has more positive than negative effects. дальше »
2019-3-13 18:21 | |
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A Central Bank Digital Currency May Lead to All Kinds of Monetary Chaos, says Korea’s Central Bank
A Central Bank Digital Currency (CBDC) is not good for a country’s financial stability, said the Bank of Korea in its latest report. Dubbed as ‘Central Bank Digital Currency and Financial Stability,’ the study found that the introduction of CBDC deposits would radically decrease the supply of private credit by commercial banks. дальше »
2019-2-8 14:20 | |
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South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability
South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial stability. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability appeared first on Bitcoin News. дальше »
2019-2-7 16:40 | |
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Bitcoin Should ‘Depart’ From Proof-of-Work, Says Bank Of International Settlements
Bitcoin figures have dismissed the latest report on cryptocurrencies by the Bank of International Settlements (BIS) after it claimed Bitcoin must stop using its Proof-of-Work algorithm. BIS: Bitcoin Must Drop Proof-of-Work The report, ‘Beyond the doomsday economics of “proof-of-work” in cryptocurrencies,’ was released January 21. дальше »
2019-1-22 18:00 | |
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Big Bankers Say Cryptocurrencies Do Not Pose a Threat to Global Financial Stability
The Financial Stability Board, a global inter-governmental body with over 20 member countries, has ruled that virtual currencies are not a threat to the world economy. The assessment could have an impact on India, whose central bank is part of the board. дальше »
2019-1-5 11:38 | |
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India: Central Bank Report States Crypto Does Not Threaten Financial Stability
The Reserve Bank of India issues its annual financial report, stating that cryptocurrencies pose no threat to the financial industry.
дальше »2019-1-5 21:32 | |
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Tighten that Belt!!
Over the last four years, the European Central Bank has managed to inject €2. 6 trillion into the banking system in order to maintain economic stability. To be clear, these cash injections have been one of the only things propping up the economy, and even the Governor of the ECB has now admitted that. дальше »
2018-12-15 03:00 | |
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Chile’s Finance Minister Comments on How Cryptocurrency Regulation is Progressing
Filipe Larrain, Chile’s Minister of Finance, recently stated that several governmental entities are “making progress” on creating crypto regulation. He added that the finance ministry is collaborating with the country’s central bank and Financial Stability Board to develop a balanced framework in the industry. дальше »
2018-12-9 22:28 | |
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China's Central Bank Wants to Put the Damper Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-5 22:04 | |
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China's Central Bank Wants to Put the Damper on Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-7 22:04 | |
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People’s Bank of China Includes Crypto Token Airdrops in Its Anti-ICO Stance
People's Bank of China Includes Crypto Airdrops in its Anti ICO Stance China’ central bank, the People’s Bank of China (PBoC), recently mentioned cryptocurrency airdrops in its 2018 financial stability report it published on 2nd November. дальше »
2018-11-5 19:51 | |
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China’s central bank is looking to clamp down on crypto airdrops
The People’s Bank of China (PBoC) is looking to clamp down on airdrops – free distributions of crypto tokens. On Friday PBoC released its financial stability report for 2018, where the the bank said that “disguised” initial coin offerings (ICOs) including airdrops continue to grow in number, despite its previous efforts at cracking down on […] дальше »
2018-11-5 09:44 | |
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Op Ed: In Defense of Bitcoin: A Response to Nouriel Roubini
Rhetorical style should never distract from the content of someone’s arguments. So when I heard that Nouriel Roubini testified to the U. S. Senate Committee on Banking, Housing, and Urban Affairs on the cryptocurrency and blockchain ecosystem, I decided to peruse his testimony and reflect on it. дальше »
2018-10-24 19:38 | |
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BIS Backtracks in New Report: Cryptocurrencies ‘Do Not Pose a Global Financial Stability Risk’
The Bank of International Settlements (BIS) has issued a new report, outlining that cryptocurrencies, at the given moment, do not pose a global financial stability risk, directly contradicting previous statements made earlier this year by this ‘central bank of central banks. дальше »
2018-9-24 22:00 | |
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No, the EU is Not Issuing a State-Backed Cryptocurrency
Mario Draghi, President of the European Central Bank (ECB), said that the authority does not see a “concrete need” for a digital token alternative to the euro, according to Reuters. No Time for Crypto Highlighting the stability of fiat money and the infamous volatility of cryptocurrencies, Draghi told parliament members that a lack of robustness […] The post No, the EU is Not Issuing a State-Backed Cryptocurrency appeared first on CryptoSlate. дальше »
2018-9-16 22:00 | |
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Venezuela Nationalizes Petro, Will Introduce Crypto-Based Salary System for Workers
Venezuelan President Nicolas Maduro recently revealed that the nation’s oil-backed cryptocurrency, the petro, will be used as a unit of account by the state oil company PDVSA. дальше »
2018-8-16 00:26 | |
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G20 Summit Has No Progress For Crypto Regulation But Money Laundering A Main Focus
“Cryptocurrencies can bring significant advantages to the traditional economy and do not pose a global risk to financial stability. ” This was the general sentiment when the Finance Ministers and Central Bank Governors of the world’s largest economies spoke about cryptocurrency in the G20 conference. дальше »
2018-7-28 13:58 | |
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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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G20 Asks FATF to Clarify AML Standards for Cryptocurrencies
Financial ministers and central bankers from the G20 states met over the weekend in Argentina to discuss the challenges for the global economy. They reiterated their position that cryptocurrencies do not pose a risk to the financial stability. дальше »
2018-7-24 21:40 | |
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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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Cryptocurrencies Pose No Threat to Global Finance but Require Vigilant Monitoring, Says FSB
In a press release issued on July 16 via its website, the Financial Stability Board (FSB) announced that cryptocurrencies do not pose a threat to the global financial system. FSB Partners with CPMI to Monitor Cryptocurrencies The purpose of the announcement was to apprise the G20 Finance Ministers and Central Bank Governors of the FSB’s activities concerning the emerging cryptocurrency industry. дальше »
2018-7-17 15:00 | |
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Financial Stability Board Unveils Cryptocurrency-Monitoring Framework, Cryptocurrencies Not Considered a Danger to Global Financial System
The Financial Stability Board (FSB) has unveiled its monitoring framework for cryptocurrencies. The FSB framework comes as the Finance Ministers and Central Bank Governors of the G20 member nations head for a summit in Buenos Aires, Argentina. дальше »
2018-7-17 09:27 | |
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Financial Stability Board Unveils Cryptocurrency-Monitoring Framework, Cryptocurrencies Not Considered a Danger to Global Financial System
The Financial Stability Board (FSB) has unveiled its monitoring framework for cryptocurrencies. The FSB framework comes as the Finance Ministers and Central Bank Governors of the G20 member nations head for a summit in Buenos Aires, Argentina. дальше »
2018-7-17 23:54 | |
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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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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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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: 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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Bitcoin Unlikely to Take Off in Australia, An RBA Official Suggests
Dr. Tony Richards, head of payments policy at the Reserve Bank of Australia, said that the stability of the Australian dollar would make widespread Bitcoin adoption in the country unlikely. He also suggested that the local use of the currency is so limited that the central bank does not consider it a major impact on […] Bitcoin Unlikely to Take Off in Australia, An RBA Official Suggests was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News. дальше »
2018-6-27 22:23 | |
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Banks Have Become Skeptical of Crypto: Swiss National Bank Executive
When cryptos became widely popular, central banks were seriously considering issuing their own digital currencies. However, the interest has slowly waned as central banks begin to seriously consider the implications such currencies would have on financial stability. дальше »
2018-6-25 20:00 | |
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