2019-8-23 02:05 |
The National Bank of Rwanda is looking into prospects for launching an official digital currency
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The Bank of Korea has again poured cold water on the idea of adopting a central bank digital currency, according to remarks made by an official of the central bank.
2019-10-31 11:00 | |
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Ukraine’s central bank official believes that overregulation is harmful to the crypto sector, urges government to ease control
2019-1-9 14:16 | |
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XRP is the world’s third largest digital currency by market cap. This past week, XRP’s largest holder, Ripple, announced five new banking partnerships to bolster the digital currency. XRP ended 2018 as the world’s second most valuable cryptocurrency.
2019-1-9 13:20 | |
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An excessive number of regulatory agencies are interfering with the prospects of successful development of cryptocurrencies in Ukraine, according to a high-ranking representative of the country’s central bank.
2019-1-9 06:10 | |
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XRP, the third largest cryptocurrency by market cap but first by amount of hate it gets, enjoys another official bank endorsement: Euro Exim Bank in London. This has been reported by the AmericanBanker.
2019-1-9 23:16 | |
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The National Bank of Kuwait (NBK) is officially the first financial institution in the country to adopt blockchain technologies as tools to improve its services and Ripple has become the first fintech to bring the blockchain to the world of Kuwaiti finance.
2018-12-29 20:35 | |
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India could be making a U-turn on its directives for cryptocurrencies. Per reports from the New India Express, a second interdisciplinary committee set up by the Indian government is considering making cryptocurrencies legal in the country again but with more stringent rules.
2018-12-28 02:16 | |
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In today’s edition of The Daily we feature the latest sports sponsorship by the cryptocurrency community. We also cover stories about new statistics on bitcoin usage in Israel, mining malware growth during 2018, and another bank blockchain patent.
2018-12-27 16:15 | |
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Although the cryptocurrency market has been in a bloodbath this year which has intensified towards this end of the year, some indicators such as Google Trend search history suggest that cryptocurrencies are still quite popular around the world.
2018-12-20 11:16 | |
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Galaxy Digital Holdings, a cryptocurrency merchant bank owned by former Goldman Sachs macro trader Mike Novogratz, has revealed that it lost $41 million in the third quarter of 2018 in an official filing.
2018-12-1 22:00 | |
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Jared Rice Sr. , CEO of the Dallas-based bank AriseBank, was arrested by the Federal Bureau of Investigation (FBI) on Wednesday, November 28, 2018, and charged with six counts of securities fraud and wire fraud.
2018-11-30 23:03 | |
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Circle’s USD Coin (USDC) has released an independent, third-party attestation of its bank account, and according to a top 5 public accounting firm, the stablecoin has its funds in order.
2018-11-22 22:05 | |
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Colorado Securities Commissioner Gerald Rome has issued a new batch of cease-and-desist orders against unregistered Initial Coin Offerings (ICOs) operating in the state, taking the total number of signed orders against ICOs in Colorado to 18.
2018-11-22 19:23 | |
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The state of North Dakota recently ordered the shutdown of a fake cryptocurrency website which carried out unregistered and fake securities in the state. Cryptocurrency Website Imitating Union Bank AG According to an official press release by North Dakota, Securities Commissioner, Karen Tyler, issued a cease and desist order against a fake virtual currency company, […] The post North Dakota Sanctions Fraudulent Russian Cryptocurrency Company appeared first on Ethereum World News.
2018-11-21 10:49 | |
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In recent regulatory news, an executive board member of the European Central Bank (ECB) has given a dismissive appraisal of bitcoin and rejected the prospect of central banks issuing state-backed digital currencies in the foreseeable future.
2018-11-16 19:10 | |
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As per various trusted media outlets, Bitcoin Group SE has recently acquired a 100% share in German investment institution ‘Tremmel’. With that being said, it is still not clear as to how much money was involved in this deal or when the official paperwork was actually signed. About The Firm Bitcoin Group SE is based […]
2018-11-14 19:04 | |
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In an official press release issued by the MUFG on November 9, 2018, the finance giant announced the signing of a Memorandum of Understanding To Develop A New Cross-Border Payment Service as part of a joint effort between MUFG and Bradesco.
2018-11-12 23:16 | |
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An arbitration body in China has ruled that despite the country’s central bank’s ban on cryptocurrency trading, bitcoin should still be legally protected as a property with economic values, Shenzhen Court announced on their official WeChat account on October 25, 2018.
2018-10-28 06:00 | |
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A report on central bank digital currencies has found that 61% of institutions don’t think a blockchain is necessary due to low efficiency gains during trials. IBM Survey Finds That Central Banks Won’t Be Introducing CBDCs in Near-Term The report was conducted by IBM and the Official Monetary and Financial Institutions Forum (OMFIF).
2018-10-28 21:00 | |
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IBM and the Official Monetary and Financial Institutions Forum (OMFIF) have released details of a joint investigation into the effectiveness of central bank digital currencies (CBDCs) as a replacement for government-issued fiat.
2018-10-25 16:54 | |
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Indian Bitcoin exchange Zebpay, which stopped its activity last month because of restrictive policies of the Central Bank of India, registered an office in Malta. The new exchange will offer services to residents of 20 EU countries.
2018-10-22 21:15 | |
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After a few days with an unclear banking status, Bitfinex has announced its new fiat system.
2018-10-16 18:00 | |
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The Kingdom of Bahrain is an island nation of the Middle East. Home to around 1. 23 million people and a very forward thinking population. Interestingly, Bahrain has a very powerful political position as a result of its location, therefore, cryptocurrency adoption in Bahrain could turn out to have a very significant impact.
2018-10-14 23:00 | |
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The digital currency ETF is a big part of the debate in a recent Bloomberg interview which had JP Morgan’s Asset Management Head of International ETFs, Bryson Lake on the panel. The interview looked at how JP Morgan believes in the latest mover advantage in terms of the digital currency market and ETFs.
2018-10-12 12:00 | |
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Dukascopy Bank SA; one of Europe’s Biggest Forex Exchange, has decided to enter the crypto market by allowing trading of Ethereum CFDs, in what could be excellent news for the European Ethereum ecosystem.
2018-10-11 22:07 | |
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Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question. The Hong Kong-based company released a blog post on October 7, 2017, that states, contrary to recent rumors, it is not insolvent.
2018-10-9 00:43 | |
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SBI Ripple Asia, a Joint-venture based in Tokyo, Japan has launched its blockchain based money remittance app. The app called MoneyTap can make real-time, no-cost domestic transfers using Ripple’s xCurrent payment solution.
2018-10-5 20:14 | |
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MoneyTap, the Ripple-powered payments app has officially gone live according to a tweet by the official account on October 3rd. The consumer-focused service was co-developed by the Japanese financial service SBI Holdings and Ripple.
2018-10-4 16:00 | |
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This week in crypto: Google lifts crypto ad ban, Bitcoin becomes official Scrabble word, and Swiss bank does what Swiss banks do best - raise loads of cash. The post This Week in Cryptocurrency: September 28, 2018 appeared first on CoinCentral.
2018-9-28 18:12 | |
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The Monero community has publicly denounced the individuals behind the massive cryptocurrency mining malware campaign, designed to steal users’ computing power to illegitimately bank on XMR. “The Monero community condemns this malicious, non-consensual use of equipment to mine,” the statement reads.
2018-9-28 16:38 | |
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A Switzerland-based cryptocurrency startup, SEBA Crypto AG has successfully secured $100 million as investment from some local and foreign retail and institutional investors. This investment will be used to fund its proposed fully regulated cryptocurrency bank.
2018-9-27 15:56 | |
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Ripple has announced a new addition to its growing RippleNet payment facilitation platform. According to a blog post on the official Ripple website dated September 19, 2018, PNC Bank, a top ten bank in the United States has joined RippleNet, and will now be able to give its customers access to Ripple’s services including sending and receiving instantaneous cross-border payments....The post %%POSTLINK%% appeared first on %%BLOGLINK%%.
2018-9-21 19:00 | |
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Since 2017, so-called “experts” in the finance sector have criticized Bitcoin for being too expensive. Yet, banks are pocketing 83 percent profit on every wire transfer. According to Bank of America’s official data, the $302 billion bank charges $30 for outbound domestic wire transfer and $35 for outbound international wire sent in foreign currency.
2018-9-19 16:00 | |
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Can bitcoin be used for social good? If anyone thinks so, it’s Ray Youssef, the CEO of peer-to-peer bitcoin platform Paxful. A successful entrepreneur in the crypto and blockchain space, Youssef comes from humble beginnings and understands the importance of maintaining control over one’s finances.
2018-9-15 21:50 | |
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Europe’s central bank (ECB) won’t be touching cryptocurrency any time soon. Its president Mario Draghi shot down hopes of an EU-sanctioned digital currency, criticising blockchain tech for being too young and fragile to be useful.
2018-9-15 17:34 | |
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The World Bank launched late August a fully blockchain-operated debt instrument called bond-i. According to an official press release, bond-i is the first bond to be fully launched operated, allocated and managed using blockchain technology.
2018-9-11 17:29 | |
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Hackers have stolen the data of 380,000 customers including names, addresses, phone number, and payment information from the British Airways website. However, the compromised data didn’t include passport or travel details.
2018-9-7 09:59 | |
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Iran has purportedly accepted cryptocurrency mining as an official industry. According to a high-ranking official, all related institutions have already agreed on it. A Breath of Fresh Air Iran has historically been fairly controversial in its stance towards cryptocurrencies.
2018-9-6 11:00 | |
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A blockchain trade finance platform spearheaded by the People's Bank of China has entered the testing phase ahead of an official roll-out.
2018-9-5 17:00 | |
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After stifling growth and innovation within the homegrown digital asset market with draconian regulations, the Reserve Bank of India (RBI) has reportedly embarked on a mission to tap into blockchain, cryptocurrencies and artificial intelligence (AI).
2018-8-29 17:33 | |
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The Reserve Bank of India (RBI) has formed a new unit to focus exclusively on emerging technologies such as blockchain, artificial intelligence (AI), and cryptocurrencies. While the central bank is yet to make an official statement confirming the move, it seems the new unit is aimed at boosting its intellectual capacity to regulate better, and benefit from these innovations in...The post %%POSTLINK%% appeared first on %%BLOGLINK%%.
2018-8-28 21:00 | |
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A central bank official has hinted that Iran is likely to introduce a regulatory framework for digital currencies in less than a month, removing a ban that has been in force since April.
2018-8-28 13:30 | |
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The deputy for innovative technologies at the Central Bank of Iran, Nasser Hakimi, has stated that Iran’s financial regulator will be reviewing the country’s blanket cryptocurrency ban. The central bank official also indicated that the country’s regulatory apparatus pertaining to virtual currencies is expected to be finalized by the end of September.
2018-8-28 21:15 | |
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Iran will likely reverse its cryptocurrency ban in September, a central bank official told a conference August 26, paving the way for official regulation in the country. Regulators Revisit April Exchange Block The country, which introduced a blanket ban on trading in April this year, has since seen economic turmoil return to its economy in light of fresh US sanctions, its national currency losing a significant chunk of its value since.
2018-8-27 13:00 | |
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President Nicolas Maduro of Venezuela has announced on August 14, 2018 that with effect from August 20, 2018, the petro cryptocurrency would officially become the second unit of account in the nation, as the central bank issued altcoin will be used extensively by state-owned oil firm, PDVSA and may also be used to pay workers’ salaries.
2018-8-16 16:00 | |
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Australia’s largest bank, Commonwealth Bank of Australia has been mandated by the World Bank to issue bonds created exclusively on blockchain platform, right from their creation, allocation and transfer to other potential bondholders.
2018-8-11 13:00 | |
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The Commonwealth Bank (CBA) announced on July 30, 2018, the successful completion of a test shipment utilizing blockchain technology to track the end-to-end supply of an almond crate. Almonds Meet Blockchain As stated in an official post, CBA sent over 37,000 pounds of almonds to Germany from an Australian port while tracking the entire process using a mobile application.
2018-7-31 23:00 | |
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According to the latest official announcement from the Neluns team they plan to run an ICO in 3 phases: Pre-Sale, Pre-ICO and ICO. In the mission statement Neluns declares its ultimate goal to build the next generation financial ecosystem hinging on a bank and insurance company functionality. The bank side of the system will support […]
2018-7-27 16:12 | |
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“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.
2018-7-26 18:55 | |
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Toronto-based Bitcoin mining company Bitfarms has announced the termination of its interim president and chief executive officer (CEO), Geoffrey Morphy after he filed a $27 million lawsuit against the company.
Binance, one of the world’s largest cryptocurrency exchanges, has come under scrutiny after a Wall Street Journal report revealed that the platform fired its top investigators following their allegations of wash trading involving a top VIP client, DWF Labs.
Institutional investors in Canada are showing a strong appetite for cryptocurrencies, with a new survey revealing a significant surge in adoption rates. The report, conducted by KPMG in Canada and the Canadian Association of Alternative Assets and Strategies (CAASA), paints a picture of a booming crypto market fueled by investor confidence and a supportive regulatory […]
In a noteworthy development for the Bitcoin (BTC) market, BlackRock’s Bitcoin ETF, under the ticker name IBIT, has experienced a significant shift in trading dynamics. After an impressive streak of 71 consecutive days of inflows, IBIT recorded zero inflows during Wednesday’s trading session, marking the first time in nearly three months. Turning Point For BlackRock’s […]
Prominent Bitcoin advocate and co-founder at CMCC Crest, Willy Woo, has sparked a spirited discussion surrounding the future of Bitcoin and its potential impact on younger generations. Related Reading: Stablecoins Get A Seat At The Table: US Senators Unveil New Regulations In a recent Twitter exchange with Jesse Colombo, Director of Marketing at BullionStar, Woo […]
Asset manager Blackrock has emerged as the frontrunner in the Bitcoin ETF race in terms of inflows with its IBIT ETF, which is increasingly attracting institutions’ attention as a key development showing its success.
According to a recent Reuters report, Hong Kong is on the verge of becoming Asia’s first city to launch spot Bitcoin ETFs. Notably, the initial approvals for these ETFs are expected to be announced as early as next week, which is significantly ahead of industry expectations for such launches this year. Hong Kong’s Bid For […]