2020-12-10 22:04 |
A Bank of America report on a possible mass-adopted digital euro noted that such movement could spell difficulty for commercial banks that could see some of their deposits migrate to the European Central Bank. origin »
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JP Morgan has reckoned that the tokenization of fiat deposits could be more acceptable than the use of ‘traditional’ stablecoins. The bank says that such tokenized assets could be used across major blockchains to increase their accessibility. American bank JP…
2023-2-10 15:54 | |
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Bitcoin could still fail, according to the head of Ireland's central bank
2021-1-29 17:01 | |
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The investment bank says gold could languish for years as Bitcoin’s popularity grows.
2020-12-10 20:06 | |
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Blockchain technology may play a large role in the fight against fake news in 2021. A recent report from Saxo Bank, as part of an “Outrageous Predictions” series, said that Distributed Ledger Technology (DLT) offered hope.
2020-12-8 21:18 | |
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COVID-19 could force the Bank of Canada to launch a CBDC sooner than previously expected.
2020-12-4 16:50 | |
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Macau’s gambling industry already affected by the coronavirus could be in for another significant external stress in the form of China’s central bank digital currency (CBDC). The emergence of traceable digital yuan enforced by Beijing on the enclave may likely send shockwaves through the sector, forcing several high-rollers to take their money elsewhere.
2020-12-3 00:00 | |
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Since its announcement in mid-2019, regulators have railed against Libra, arguing that the project could upend global monetary policy control protocols. Indeed, Libra’s emergence likely provided the catalyst for more serious considerations surrounding central bank digital currencies (CBDCs).
2020-12-2 20:30 | |
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Economists at the Federal Reserve Bank of New York suggest that privacy concerns at “Big Tech” firms like Facebook—which are developing their own digital currencies—could help position Central Bank Digital Currencies (CBDCs) as a better alternative.
2020-11-25 00:00 | |
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The chief economist for the Bank of England, Andy Haldane, says digital currencies could reduce the country's prevalence of negative interest rates. In a statement, Haldane further spoke on the pros and possible risks that widely-accepted digital currencies have on the financial system.
2020-11-19 17:34 | |
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In what could possibly turn out to be one of his last appointments as President of the United States of America, Donald Trump has nominated Brian Brooks to serve a 5-year term as Comptroller of the Currency yesterday.
2020-11-19 07:00 | |
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The central bank of Kyrgyzstan has revealed that is working towards developing a draft law to regulate crypto exchanges in the nation. With this, the Asian nation could join countries across the world that have a clear policy on crypto assets.
2020-11-17 02:01 | |
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The UK Treasury Department is working on a draft to regulate privately-owned stablecoins. The department disclosed this news on November 9 through an official announcement, noting that it is also researching how it could use a Central Bank Digital Currency (CBDC) as an alternative to cash.
2020-11-10 15:23 | |
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China's central bank prohibits producing cryptocurrencies that could replace the yuan
2020-10-23 16:05 | |
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Member of the Executive Board of the European Central Bank Fabio Panetta said in a speech at the ECB conference on Thursday that a digital euro, or the Eurozone’s potential CBDC, could become necessThe post ECB official: digital euro is ‘necessary’ in several scenarios in Eurozone appeared first on AMBCrypto.
2020-10-23 00:30 | |
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Binance boss Changpeng Zhao aired his views on CBDCs, adding that Bitcoin could be under threat if a more advanced currency was launched
2020-10-22 08:16 | |
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Russia's central bank says a digital ruble could make Russia less dependent on the U.S. dollar and more resistant to foreign sanctions.
2020-10-20 15:07 | |
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ECB board member Fabio Panetta said on Friday that the European Central Banks should be preparing to issue a digital euro. In a study published on Friday, the ECB said a digital euro could help an environment where citizens have abandoned cash, other means of payments became unavailable, or foreign forms of electronics have taken […] The post European Central Bank (ECB) Must be Ready to Issue a Digital Euro, Says Board Members first appeared on BitcoinExchangeGuide.
2020-10-4 16:28 | |
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An executive member at the European Central Bank says a digital euro could protect the eurozone's monetary sovereignty from outside influence.
2020-10-3 12:34 | |
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The Federal Reserve Board of Governors and several Federal Reserve Banks are actively working on the digital dollar. Legislation has proposed that each American could have an account at the Fed for transacting in the central bank digital currency.
2020-9-27 21:30 | |
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Federal Reserve Bank of Cleveland President Loretta Mester revealed that each American would receive digital dollars directly. She said, “Legislation has proposed that each American have an account at the Fed in which digital dollars could be deposited, as liabilities of the Federal Reserve Banks, which could be used for emergency payments.
2020-9-24 17:32 | |
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Bitcoin over-the-counter (OTC) traders could be facing up to a five-year ban on their banking accounts in China, local reports state. The central bank, People’s Bank of China (PBoC), is heavily cracking down on money laundering activities and is blacklisting several OTC trading desks dealing in cryptocurrencies.
2020-9-24 22:55 | |
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Stablecoin runs could occur if users lose confidence in the issuer or its network.
2020-9-24 15:30 | |
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European Central Bank (ECB) President Christine Lagarde has suggested that the Eurozone could benefit from adopting the ‘digital euro’ as the EU’s post-pandemic recovery kicks into gear. The ex-IMF President made the comments while addressing the Franco-German Parliamentary Assembly in Frankfurt on Sept 21.
2020-9-22 09:53 | |
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Bitcoin stands to attract more investments from British Banks and citizens following an announcement by the Bank of England which is considering implementing a negative interest rate. In a bid to stimulate its economy from the adverse effects of coronavirus and the impending Brexit event, the Bank of England hopes to encourage more spending. Negative […]
2020-9-21 10:28 | |
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The Bank of England (BoE) is exploring negative interest rates now and in response Sterling weakened sharply. The pound dropped 0. 7% against the dollar after the central bank’s plans “to explore how a negative Bank Rate could be implemented effectively, should the outlook for inflation and output warrant it at some point,” were revealed.
2020-9-19 19:30 | |
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UBS, a top-two investment bank in Switzerland after Credit Suisse, has a bullish outlook on gold. In the medium term, the improving sentiment around the precious metal could buoy the bull case of Bitcoin (BTC).
2020-9-19 17:31 | |
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The governor of the Banque de France said private sector involvement could benefit a future digital euro initiative.
2020-9-11 15:18 | |
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Bitcoin bounced back on Thursday as the dollar weakened. But the cryptocurrency refrained from making any significant moves ahead of the European Central Bank’s monetary policy resolution later today.
2020-9-10 09:01 | |
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The Brazilian central bank said the country could release a central bank digital currency by 2022, according to local reports. A Brazilian CBDC Brazil is the latest country in a long line to jump on the nationalized digital currency bandwagon.
2020-9-5 01:07 | |
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Brazil has been toying with the idea of a central bank-backed digital currency for only a couple of months. But now the president of Banco Central (the country’s central bank) has revealed that the country could be ready for a digital currency in just two years.
2020-9-4 20:28 | |
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Although Brazil is a recent entrant to studying digital currencies, its central bank’s president says the country could launch one as soon as 2022. Per local news outlet Correio Brazilienese, president Roberto Campos Neto has indicated that digital currencies will be “the future of the financial system.
2020-9-5 17:10 | |
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A central bank digital currency in Brazil may be inevitable.
2020-9-4 07:02 | |
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Brazil's fast-digitizing financial infrastructure could set the stage for CBDC in the next two years, said Campos Neto.
2020-9-4 23:55 | |
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Blockchain tech could purportedly reduce the timeline of bank guarantees processes by days.
2020-9-1 12:24 | |
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China Construction Bank, one of the central state-owned banks in China, recently realized that the official wallet for the national CBDC is open for public use within its official banking app. The users could navigate to the wallet by merely entering the national digital currency, which would take the users to the wallet feature where […] The post China Construction Bank Disables Chinese DCEP Wallet After Users Notice Feature in Bank App first appeared on BitcoinExchangeGuide.
2020-8-31 18:36 | |
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The Federal Reserve Bank of Boston partnership with Massachusetts Institute of Technology (MIT) is currently testing over 30 blockchain projects to find the best one for a digital dollar. The tests aim at finding an already established project instead of building it from scratch with the Fed looking for a stable, secure, and scalable blockchain […]
2020-8-25 23:44 | |
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With more central banks around the world studying the issuance of their own digital currencies, Bitcoin and Libra could still find a purpose to be part of a future when money becomes purely digital. That’s according to Raghuram Rajan, former governor of the Reserve Bank of India.
2020-8-20 13:01 | |
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Expobank has issued its first loan using WAVES tokens as collateral – the bank are now estimating what future demand could be.
2020-8-20 15:21 | |
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Warren Buffett’s Berkshire Hathaway has dumped the shares of banks and other financial companies while buying shares of Barrick Gold during the quarter that ended on 1 July. This investment came as a huge surprise to many given how Warren Buffett has constantly criticized gold in the past.
2020-8-16 21:53 | |
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In the EU, getting laws right on Libra could be the best way to speed up a digital euro from the European Central Bank.
2020-8-15 17:00 | |
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There have been talks of how Bitcoin could soon take over the financial world in a grand measure, and this idea seems to be winning over more people as time goes. So far, Bitcoin has been proven to be a pretty serious contestant against Gold when it comes to the future of reserve currency. Many […]
2020-8-9 21:20 | |
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China’s central bank digital currency could be inching closer to its official launch, as some top state-run commercial banks in the country are reportedly trialing a digital wallet for the national digital currency.
2020-8-7 23:07 | |
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With China’s central bank digital currency (CBDC) project still in progress, there are speculations that the digital yuan could be used to water down the dominance enjoyed by major players like Alibaba and Tencent.
2020-8-5 23:00 | |
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At the request of the People’s Bank of China, Beijing could soon probe its digital payments monopolies, sources claim.
2020-8-1 14:48 | |
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A director at the IMF has spoken of the value the private sector could bring to central bank digital currencies, should they be adopted by nations.
2020-7-28 18:44 | |
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Investigators could not find any online reviews, any documented employees or any established bank account for the defendant's purported BBQ company.
2020-7-15 19:34 | |
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According to reports from Bloomberg, the bank of England (BOE) is contemplating creating a government-backed digital currency. This was made known by Andrew Bailey, Governor of the Bank of England, in a webinar event, he told students that it was being reviewed and the Central bank is still trying to weigh their options. It looks […]
2020-7-15 11:14 | |
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The struggle between the co-founder of bitcoin’s biggest miner manufacturer is not looking to end anytime soon. It hasn't even been two weeks, and they are back at it. The fight restarted when Bitmain co-founder Micree Zhan or Zhan Keutan attempted to redirect customer payments to a new bank account in a Wechat post at […]
2020-7-8 19:16 | |
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Popular iOS apps like TikTok might be snooping on sensitive user information such as Bitcoin addresses and bank passwords, security publication ArsTechnica reported earlier this week. Snooping on Bitcoin Addresses Reports from this week confirm last week’s release of Apple’s iOS 14 developer beta for iPhone alerts users when mobile apps “read” data from one’sRead MoreRead More.
2020-7-1 22:07 | |
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David Marcus, whose payments-focused career has included stints at PayPal and Meta, is now leading Lightspark to propel Bitcoin adoption.
Meme master ‘Cheezburger’ is releasing a series of NFTs based on his website’s famous captioned ‘lolcat’ photos.
The rebranded Libra network aims to come out with a live initial product around the end of this quarter, with help from Fireblocks and First Digital Assets.
Regulators around the globe are increasingly turning hostile to the social media behemoth.
Facebook’s plan to rebrand its stablecoin project from Libra to Diem has been met with legal threats from a small European startup of the same name.
German Finance Minister Olaf Scholz took aim at the rebranded lDiem and said it would take more than cosmetic changes to smoothen regulatory concerns.