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PBoC Appears to be ‘Neutral’ Regading the Underlying Technology of its Digital Currency

After statements from Chinese President Xi Jinping regarding the possible developments of blockchain technology in the nation, a representative of the People Bank of China stated instead that the institution is neutral with respect to the underlying technology that will be used to develop the digital currency. дальше »

2019-11-11 14:00


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Another Chinese Lender Bailed Out After Bank Run

Yichuan Rural Commercial Bank, a lender operating in the central Henan province, has become the latest Chinese bank to be bailed out by the government this year. The small financial institution, which has around 30 branches only in the Yichuan county, experienced a bank run sparked by rumors that its top management was in trouble […] The post Another Chinese Lender Bailed Out After Bank Run appeared first on Bitcoin News. дальше »

2019-11-3 10:35


Nexo Crypto Lender Reduces its Rates on Immediate Credit Lines

The crypto lending institution recently announced that it has reduced interest rates on the prompt crypto credit lines. Cheapest Rates on Blockchain Platform On Oct. 22, a press release was published where Nexo announced they were reducing the interest rates on their credit line service. The reason why they came up with that objective is […] дальше »

2019-10-26 00:01


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The University of Malta Introduces Blockchain and DLT Degree Program

The University of Malta, the highest educational institution in bitcoin-friendly Malta, has launched a master’s degree program in blockchain and distributed ledger technology (DLT). The course is aimed at equipping students with the skills they need to function in the rapidly evolving world of blockchain technology, according to reports on October 24, 2019. дальше »

2019-10-25 21:00


Global Monetary Enforcer FATF Shares Concerns About Libra And Stablecoins

The Financial Action Task Force (FATF), one of the most important financial regulators in the world, has recently voiced some concerns about Facebook’s Libra project. According to the institution, Libra and other stablecoins could pose several risks if they were to achieve mass adoption, especially when considering money laundering and terrorist financing. Xiamgmin Liu, the […] дальше »

2019-10-19 22:34


FATF reforms will ensure every crypto exchange is treated as a financial institution, claims eToro’s Mati Greenspan

When it comes to the crypto ecosystem, the businesses and  industry experts share the similar weightage when it comes to sharing opinion. One of the rising entrepreneurs in this field is Mati Greenspan, who currently serves as eToro‘s Senior Market Analyst, featured in one YouTube interview to discuss various insights within the ecosystem. дальше »

2019-10-5 21:30


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Venezuela may have Bitcoin and Ethereum, but it’s unsure how it can use them

The central bank of Venezuela is reportedly looking into whether it can store cryptocurrencies in its coffers, Bloomberg reports citing four anonymous individuals close to the matter. According to the report the bank‘s investigation follows a request by Petroleos de Venezuela SA (PSDV) – the country’s state-owned oil and natural gas company – which is apparently looking to send Bitcoin and Ethereum to the central bank. дальше »

2019-9-26 18:52


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China has no idea know when it will launch its digital currency

Despite reports last month that China was readying itself to deploy its own government digital currency, it now seems the country is not so surefooted regarding the asset’s roll out. In a press conference in Beijing yesterday, The People’s Bank of China’s (PBoC) governor Yi Gang said that there is “no timetable” for the launch of its new digital currency, South China Morning Post reports. дальше »

2019-9-25 16:30


Santander’s Ethereum-based ‘bond issuance’ may have problems handling securities on blockchain

Banco Santander, a major Spanish bank announced on 12th Sept this month, that they have issued the first end-to-end blockchain bond. The institution revealed that it had issued a $20 million bond that is directly integrated on to the Ethereum blockchain and operations will continue on it until it reaches one-year maturity. дальше »

2019-9-23 20:30


Wells Fargo executive boasts of stablecoin’s better efficiency, higher speed against SWIFT

Wells Fargo, a Fortune 500 company providing financial services, has been the latest institution to express potential interest in blockchain and cryptocurrencies. As announced earlier, the organization revealed its plans to test an internal settlement service, Well Fargo Digital Cash, which would operate on its own Distributer Ledger. дальше »

2019-9-21 00:30