Mark Carney: Cryptocurrencies Could Overtake the U.S. Dollar as World’s Reserve Currency

Mark Carney: Cryptocurrencies Could Overtake the U.S. Dollar as World’s Reserve Currency
фото показано с : btcmanager.com

2019-8-24 15:37

Bank of England (BoE) Governor, Mark Carney, in a meeting with central bankers worldwide in Wyoming, has predicted that a cryptocurrency backed by several nations could overtake the U. S. dollar as the world reserve currency.

As such, it will end the fiat’s hoarding by governments and enhance global trade, reports The Guardian on August 23,Read MoreRead More. The post by Ogwu Osaemezu Emmanuel appeared first on BTCManager, Bitcoin, Blockchain & Cryptocurrency News\.

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Источник: btcmanager.com

cryptocurrency currency → Результатов: 126


Фото:

BoE Governor Mark Carney Proposes Global Cryptocurrency

Governor of the Bank of England Mark Carney put forward the idea of replacing the U. S. dollar with a central bank-issued cryptocurrency like Facebook’s Libra. Carney Proposes The Synthetic Hegemonic Currency On August 23, 2019, while addressing the Federal Reserve Symposium in Jackson Hole, Wyoming, Carney described how Brexit uncertainties, persistent world trade tensions, and overall weaker business activity are deteriorating the global economy.

2019-8-25 21:34


Africa could emerge as the battleground between Facebook and China as digital currency race heats up

Ever since Facebook announced its plans to launch its own cryptocurrency, the world’s regulatory and financial space hasn’t been the same. However, the news cycle about Libra was soon overtaken by lawmakers and regulatory bodies voicing their grave concerns about the same, while also highlighting Facebook’s own problematic history.

2019-8-21 20:30


Binance to launch a blockchain for fiat-backed stablecoins, but who even cares?

Cryptocurrency exchange Binance has been announced launch of a new blockchain and it’s called project “Venus. ” I’m not sure why it chose that name because Venus has no moons. Sad. In an announcement published this morning, Binance described Venus as an “initiative to develop localized stablecoins and digital assets pegged to fiat currencies across the globe.

2019-8-19 15:16


Huobi Prime’s EMOGI Network Gives Cryptocurrency Users Something to LOL About

Its website may be plastered with images of crying face emojis and its token ticker may show up as a “LOL”, but don’t let this fool you: EMOGI Network is serious business. The self-described “social digital currency” promises to deliver on all attributes that are meant to be synonymous with cryptocurrencies, which stand for low-cost transactions that can be sent quickly and directly, in a peer to peer fashion.

2019-8-16 22:28


Bitcoin rallies to $12,300 on Argentinian exchange after unexpected Macri election result

Bitcoin skyrocketed to a $900 premium above Coinbase on Argentinian cryptocurrency exchange Buenbit Monday, the massive spike coming directly after the announcement of a primary election loss by President Macri and the nation’s stocks, bonds, and currency had been sent plummeting in one of the biggest intraday slides on record.

2019-8-13 12:25


Currency Wars Bullish for Bitcoin Price? Optimistic Investor Thinks So

While Bitcoin (BTC) in the wake of the Great Recession, the cryptocurrency has never lived through a macroeconomic imbroglio or geopolitical spats. Related Reading: Goldman Sachs Predicts US-China Trade War to Continue into 2020, Will It Benefit Bitcoin? But, ten years after the recession that shocked the world, Bitcoin is about to experience all the.

2019-8-13 12:00


Фото:

How big players like Netbet have changed the cryptocurrency gaming landscape

Ever since Bitcoin was unleashed on a world that had never even realised that it needed a whole new kind of currency, it’s had a very eventful decade. No-one needs to be reminded of its explosion into the public consciousness in 2017 when you could hardly visit a news site without reading about Bitcoin’s meteoric […] The post How big players like Netbet have changed the cryptocurrency gaming landscape appeared first on CaptainAltcoin.

2019-8-10 12:29


Chinese Cryptocurrency Wallet Data Shines Light Into the Mysterious Market

An interview with a representative from imToken, a Chinese digital currency wallet provider, has given rare insight into the cryptocurrency habits of the nation’s population. It appears that Chinese crypto asset enthusiasts have a tendency to prefer non-custodial storage solutions and that mobile-accessed wallets are by far the most popular over their desktop counterparts.

2019-8-10 00:00


Фото:

Texas regulator goes after cryptocurrency firm promising 900% returns in 2 weeks

Regulators in Texas have filed a cease and desist order against a New York-based cryptocurrency business promising a 900-percent return on investment in just two weeks. Forex and Bitcoin Trader, which was advertising on Craiglist Dallas, reportedly deals in cryptocurrency investments, commodity-based derivatives, and foreign currency trading.

2019-8-9 12:51


Фото:

Yet another reason to dislike Tether: 300 addresses hold 80% of the ‘stablecoin’

Infamous stablecoin and pseudo currency Tether (USDT) doesn’t exactly have the cleanest of rap sheets, and if you needed another reason not to trust it, keep reading. According to recent findings from cryptocurrency researchers at Coin Metrics, around 300 entities hold about 80 percent of the Tether currently in circulation, Bloomberg reports.

2019-8-8 11:30


Walmart Applies for a Cryptocurrency Patent for Its Stablecoin Mimicking Facebook’s Libra?

Multinational retail corporation, Walmart has filed for a patent with the US Patent & Trademark Office for what seems like the firm’s respective stablecoin, the Walmart Coin. As per the brief overview of the application, the need for a method was outlined as follows: “Generating one digital currency unit by tying the one digital currency […]

2019-8-3 19:47


Фото:

Disclosure of Domestic Cryptocurrency Transactions in Brazil are now Compulsory

Starting from this month, Brazilian citizens have to report cryptocurrency transactions to the competent authority compulsorily or will run into sanctions, according to a press release, August 1, 2019 Declaring Digital Currency Brazil has just made it illegal to not disclose data regarding cryptocurrencies transaction to Tax Authorities.

2019-8-2 17:00


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Will The Next World Reserve Currency Be a Crypto?

The US-China trade war could become dire at any point and the two largest economies might weaponize their national currencies through devaluation. But does this inspire any confidence in the US dollar, and is it time to think about a digital world reserve currency? Every Past Global Currency Had an End If we look back into history, there have been several world reserve currencies throughout the centuries.