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The Bahamas plans to roll out its digital currency “Sand Dollar” in October
The Central Bank of Bahamas has put plans in place to roll out its digital currency across the country. With this plan fully set, the Bahamas will be aiming to be the first country in the world to have a state-backed e-currency. дальше »
2020-9-16 12:22 | |
Notorious Hacker Group Lazarus Is Targeting The Cryptocurrency Industry Via LinkedIn – Warns Security Firm
Blockchain and cryptocurrency professionals on LinkedIn are under a new phishing threat that’s targeting them disguised as crypto-related job offers advertised on the platform. A new report by Finland-based Cyber Security Firm F-secure has linked the attack to one of the most infamous and allegedly State-backed North Korean hacking group, Lazarus, which targets organizations globally […] дальше »
2020-8-26 15:56 | |
Increased Demand Leads Swiss State-backed Bank to Offer Bitcoin & Crypto Trading and Custody
A Switzerland-based state-owned bank, Basler Kantonalbank (BKB), will now be offering bitcoin and cryptocurrencies through its subsidiary Bank Cler, reported the local news. The bank spokeswoman, Natalie Waltmann, said, “We will launch an offer for the trading and custody of digital assets over the next year. дальше »
2020-8-5 23:05 | |
China’s Testing its CBDC on Tencent-backed Food Delivery Giant
The People’s Bank of China is now planning to test its state-backed digital currency on the Tencent Holdings backed food delivery giant Meituan Dianping, just days after the reports came that DiDi Cuxing, the Chinese equivalent to Uber will be piloting the DC/EP. дальше »
2020-7-15 21:31 | |
Industry Stalwarts Share Their Views at Hangzhou International Blockchain Week 2020
The two-day long Hangzhou International Blockchain Week 2020 concluded on July 6 at Future Sci-tech City, Hangzhou. The event was attended by the representatives from the state-backed blockchain alliance, Blockchain Service Network (BSN), and witnessed the whos-who of the blockchain and fintech space, including entrepreneurs, investors, and media stalwarts speak about blockchain and cryptocurrencies andRead MoreRead More. дальше »
2020-7-15 12:44 | |
Veteran Investor Predicts Doom for Cryptocurrencies, Warning Bitcoin’s Value Could Plummet to Zero
Investor Jim Rogers has now spelled doom for Bitcoin, generally virtual currencies that are not state-backed. This was in a report published by a Japanese media outlet, Aera Dot. He has expressed the sentiment that the governments globally have put a ceiling on how much cryptocurrencies could adopt. He believes that as soon as a […] дальше »
2020-6-29 00:14 | |
Governments Race to Release Stablecoins: In-Depth Report
In August 2019, BeInCrypto published an article about the ‘arms race’ that was emerging among state-backed stablecoins. Since then, the competition has only grown more intense. BeInCrypto investigates in this special report. дальше »
2020-6-12 22:01 | |
Japanese Financial Giants Eye Conducting Digital Payments Via State-Backed Infrastructure, DeCurret Crypto Exchange Joins Them
Japan is considering expanding digital payments usage via a common infrastructure supported by the FSA regulator. The DeCurret crypto exchange has joined them дальше »
2020-6-4 11:16 | |
Venezuela Raises Petrol Prices, Mandates Support for Petro at Gas Stations
Venezuela is endowed with natural resources that its state-backed cryptocurrency, the Petro, is pegged one-to-one with a barrel of oil. Surprisingly, oil is scarce. Often, citizens scramble to fill up their car tanks after queuing for days. дальше »
2020-6-3 18:00 | |
Argentinean Lawmaker Wants to See a State-Backed Crypto
Canale’s proposal of a cryptocurrency for an Argentinean city includes the possibility of paying taxes with it
дальше »2020-3-5 21:09 | |
Japan’s Finance Minister Sounds China CBDC Warning
Taro Aso, Japan’s Finance Minister has voiced his reservations concerning China’s plans to issue its central bank digital currency (CBDC) – the digital yuan. Aso told fellow finance chiefs at the G-20 summit that Beijing’s state-backed crypto could negatively upset the balance of the global economy. дальше »
2020-2-25 18:00 | |
Japan’s Financial Regulators to Discuss Crypto Asset Creation
Japan’s Central Bank and Finance Ministry have set out to discuss the issues pertaining to creation of a state-backed crypto asset. Japan Joins List of Countries Exploring Central Bank Crypto Assets Japan is preparing to join the growing list of countries to explore the benefits of a state-backed digital asset. дальше »
2020-2-22 15:30 | |
Fundamentally, central banks can't offer state-backed cryptocurrency
On a recent episode of 'The Breakdown' podcast, Kraken's director of business development, Dan Held, spoke about one of the more heavily debated topics among members of the cryptocurrency community --The post Fundamentally, central banks can't offer state-backed cryptocurrency appeared first on AMBCrypto. дальше »
2020-2-10 20:00 | |
Japan Fears China’s Digital Currency, Suggests Timeline for Digital Yen
Rumors that Japan was preparing plans for a digital yen have been confirmed today. A senior ruling party lawmaker Kozo Yamamoto stated: “the sooner the better. ” Digital Yen to Counter Libra Threat As part of a six-central-bank coalition including the UK, Sweden, and the EU, Japan appeared to be taking a slow but steady approach toward a state-backed digital currency. дальше »
2020-2-10 15:00 | |
Australia’s Central Bank Testing Ethereum-Based Interbank Settlement System Using CBDC
The Reserve Bank of Australia (RBA) — the country’s central bank says adoption of state-backed digital currency for interbank settlement could provide certain advantages like cost savings and better financial inclusion. дальше »
2020-1-16 15:00 | |
Doubts Surface Over China Central Bank Currency Plan
People’s Bank of China may be ready with the top-level rules for its hypothetical state-backed digital asset, but doubts are still surfacing over the project’s wider application. China Central Bank Currency Meets Fresh Skepticism The central bank has announced it will “continue its solid study on the digital currency and keep monitoring the latest development of digital currency initiatives around the world,”reported Ejinsight. дальше »
2020-1-15 18:30 | |
33,000 Companies Register Blockchain Business in China
China now has more than 33,000 registered companies claiming to use blockchain technology in their businesses, according to the country’s Center for Information and Industry Development. The information was released at a recent blockchain conference hosted by a Chinese municipal government and several state-backed research institutes. дальше »
2020-1-7 14:20 | |
33,000 Companies in China Claim to Use Blockchain Technology
China now has more than 33,000 registered companies claiming to use blockchain technology in their businesses, according to the country’s Center for Information and Industry Development. The information was released at a recent blockchain conference hosted by a Chinese municipal government and several state-backed research institutes. дальше »
2020-1-6 14:20 | |
South Korea's Presidential Commission recommends government join the crypto-space
China will soon be unveiling its state-backed cryptocurrency and it has left no stones unturned in publicizing it. However, looking at the few nations embracing blockchain and cryptocurrencies, the SoThe post South Korea's Presidential Commission recommends government join the crypto-space appeared first on AMBCrypto. дальше »
2020-1-6 13:02 | |
Germany: Central Bank Urges Europe To Strengthen Banking System Over CBDC Route
Jan Weidmann, the President of the Bundesbank, holds some very unique thoughts on the topic of money, digitization, and the network effect of payment services. Speaking with Handelsblatt, he offers his perspective on opposing Libra, which is centered around a market-oriented approach rather than endorsing the launch of a state-backed competitor such as a digital euro, JanuaryRead MoreRead More. дальше »
2020-1-4 02:00 | |
China's DCEP could be 'better way to circumvent current financial system'
2019 in the cryptocurrency space was pretty much all about Bakkt, Bitcoin's price, Facebook's Libra, and China's state-backed digital currency. While China has been up-and-running in terms of planningThe post China's DCEP could be 'better way to circumvent current financial system' appeared first on AMBCrypto. дальше »
2020-1-3 18:30 | |
China's digital currency establishing presence in BRI countries will be tough
China has undoubtedly been leading the state-backed cryptocurrency race, with the country recently revealing that it would launch its own digital version of RMB last year. The news that broke-out righThe post China's digital currency establishing presence in BRI countries will be tough appeared first on AMBCrypto. дальше »
2020-1-3 09:30 | |
China's CSRC accepts application for listing an Exchange-Traded Fund
China has been making an effort to lead the blockchain revolution, with the country planning to launch its own state-backed stablecoin, for the same reason. However, it has discouraged the general pubThe post China's CSRC accepts application for listing an Exchange-Traded Fund appeared first on AMBCrypto. дальше »
2019-12-30 12:16 | |
Why bitcoin doesn’t pose a threat to economic sovereignty of a nation
2020 has highly-anticipated events like the Bitcoin halving, launch of a state-backed cryptocurrency, Proof-of-Keys event, Ethereum's Muir Glacier and Berlin, among many. Facebook's Libra project was The post Why bitcoin doesn’t pose a threat to economic sovereignty of a nation appeared first on AMBCrypto. дальше »
2019-12-30 21:33 | |
Russia's regulatory 'sandbox' tests stablecoins
With China's advancement in the digital currency space and state-backed stablecoin, other countries are not particularly laying low in this matter. Russia is another country that has been prominent inThe post Russia's regulatory 'sandbox' tests stablecoins appeared first on AMBCrypto. дальше »
2019-12-27 01:30 | |
Bank of Canada Governor highlights risks associated with Bitcoin, Libra
Central Banks' rising interest in the field of digital assets has been evident in 2019. After China's development of a state-backed CBDC, many have speculated that other central banks will follow sThe post Bank of Canada Governor highlights risks associated with Bitcoin, Libra appeared first on AMBCrypto. дальше »
2019-12-16 16:46 | |
China's PBoC announces test-launch of DC/EP model in Shenzhen, Suzhou
After announcing its support for a state-backed digital asset back in August, China's proposed CBDC is edging closer to becoming a reality and becoming a part of the country's financial ecosystem. дальше »
2019-12-9 13:00 | |
Bank of Japan discusses CBDCs; avoids any question of issuance
The concept of a state-backed digital currency has recently gained massive attention from countries across the world, most notably China. Japan seems to be the latest country to enter the race. A rThe post Bank of Japan discusses CBDCs; avoids any question of issuance appeared first on AMBCrypto. дальше »
2019-12-2 13:03 | |
Huobi China joins state-backed Blockchain Alliance
At the First Blockchain Services Network Partner Conference held on 1 December in Hangzhou, Huobi China was inducted to be one of the maiden members of the newly-established Blockchain Services NetworThe post Huobi China joins state-backed Blockchain Alliance appeared first on AMBCrypto. дальше »
2019-12-2 08:39 | |
Will China’s Crypto Yuan be Used for Retail Payments or Mass Surveillance?
China’s blockchain drive has been about one thing: getting its people used to a state-backed crypto asset. The People’s Republic is determined to get its crypto yuan out as soon as possible and bankers have stressed that it will be for retail use. дальше »
2019-11-27 10:00 | |
Chinese Gov’t Reaffirms ‘Blockchain Not Crypto’ Stance
China’s CCTV1, a state-backed social media, ran another story on crypto assets, featuring a 60-minutes exposition with President Xi. But this time, the message was not as enthusiastic as in the past. дальше »
2019-11-18 17:09 | |
Novogratz: China’s New Digital Currency Could Undermine US Reserve Status
China is on its way to becoming the first country to launch a state-backed global digital currency and Michael Novogratz, a prominent billionaire, has commented on that. Novogratz believes that the U. дальше »
2019-11-12 03:42 | |
Turkey to Launch its State Backed Crypto Asset Next Year
Turkey’s state-backed digital asset, the crypto lira or digital lira is scheduled for launch next year. The move has the potential to bring about a heightened interest in government-backed or other large-scale digital coin launches, by various other countries/corporations. дальше »
2019-11-6 14:36 | |
China Offers State-Backed Blockchain Lessons: Will The Market Recovery Continue?
The cryptocurrency markets are continuing a diversification trend whereby most altcoins are seeing moderate increases, with several strong outliers. Bitcoin has grown by $200 dollars in a sudden move, continuing to establish a descending triangle pattern on lower time frames. дальше »
2019-11-1 00:36 | |
Libra: Should Zuckerberg Thank Xi for Creating FOMO?
Last week, Chinese President Xi Jinping praised blockchain while the congress passed a new cryptography law in a bid to develop a state-backed digital currency. Crypto enthusiasts expect that China’s revival will convert into a big hope for Libra amid general FOMO. дальше »
2019-10-30 14:00 | |
Facebook’s Libra will not succeed, says China’s Huang Qifan
Soon after the Chinese Congress passed ‘The Cryptography Law,’ several influencers of the cryptocurrency industry went on to applaud the country for the latest development as this move would bolster the adoption of crypto. дальше »
2019-10-30 07:20 | |
Tron and EOS Are Now among China’s Favourites in Latest Crypto Rankings
Coinspeaker Tron and EOS Are Now among China’s Favourites in Latest Crypto RankingsChina’s state-backed tech workgroup has released its fourteenth crypto rankings report, with Bitcoin ranked 11th, Tron - 2nd, and EOS (EOS) retaining the top spotTron and EOS Are Now among China’s Favourites in Latest Crypto Rankings дальше »
2019-10-28 21:17 | |
Russian cyber spooks piggyback Iranian hackers to spy on 35 countries
Cybercriminals with ties to the Russian government have been found to piggyback on hacking tools developed by Iranian threat groups to mount their own attacks against 35 countries. The findings — based on a joint report by the US National Security Agency and the UK’s National Cyber Security Centre (NCSC) — reveal the focus of the activity was largely in the Middle East, where the targeting interests of both Advanced Persistent Threats (APTs) overlap. дальше »
2019-10-22 10:07 | |
Donald Trump’s former Federal Reserve nominee to launch stablecoin
President Trump’s previous nomination to the Federal Reserve, Stephen Moore reportedly announced to launch a U. S. dollar pegged cryptocurrency, Frax. In a interview with Fortune, Moore mentioned that his libertarian views led him to support cryptocurrency, which according to him, is an important alternative to state-backed money. дальше »
2019-10-21 19:43 | |