2023-11-15 11:51 |
The Federal Reserve continues to pilot a central bank digital currency, but will not issue one without executive branch and Congressional support, the report said.
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The allure of the CBDC is fading and issuing one "may not be a compelling priority," the bank said.
2023-6-3 19:01 | |
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The former Amazon Web Services employee thought to be behind the data breach of Capital One bank earlier this year appears to have also used the infiltrated cloud servers to surreptitiously mine cryptocurrency.
2019-8-29 09:19 | |
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Malta-based Founders Bank is to become the first community-owned decentralized blockchain-friendly banking institution in the world’s history. As it has been announced, one of the world’s major cryptocurrency exchanges by traded value Binance will become one of the key investors funding the launch of the first-ever decentralized bank. The future Founders Bank will be hosted
2018-7-13 14:16 | |
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A report, written in Verdict highlights one issue with cryptocurrency that seems to be under-explored. We all envision a world led by crypto, one where we pay for our shopping in Bitcoin and send money to our loved ones in XRP.
2018-7-13 08:00 | |
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Bitcoin payment startup Abra has announced the addition of Visa and Mastercard payment options for buying bitcoin on its platform. The new payment option is in partnership with fintech company Simplex, per the company’s blog post.
2018-7-13 00:38 | |
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Malta-based fintech startup, Founders Bank, announced today that leading online cryptocurrency exchange, Binance, will be one of the first major investors in the company’s revolutionary new banking project.
2018-7-12 22:18 | |
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After one week into the play of India’s central bank’s notice to all banks and companies dealing with cryptocurrencies, an anonymous source close to the government has suggested that the government is not looking at a blanket ban on the market and just may stay and subsequently scrap the RBI mandate, dated 6th of April.
2018-7-12 19:07 | |
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As Australian authorities continue to push pressure onto the crypto-sphere, The Bank of Queensland, one of the countries biggest retail banks have decided to make a move which will see a change in the maintenance of their loan agreements.
2018-7-12 18:30 | |
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As his Hungarian parents had fled post-war Soviet regime to settle in the United States, Nick Szabo came to call the Californian Bay area of the 1990s his home. Here, he was among the first to frequent the in-person “Cypherpunk” meetings organized by Timothy May, Eric Hughes and other founding members of the collective of cryptographers, programmers and privacy activists centered around the ’90s mailing list of the same name.
2018-7-13 17:16 | |
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WIthin Europe, the general feel for cryptocurrency is pretty positive. This is a sentiment reflected on both a government and societal level. Communities within Europe are spearheading cryptocurrency adoption movements and are also ensuring that crypto has a real place on the continent.
2018-7-12 17:00 | |
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The saga surrounding the Reserve Bank of India’s (RBI) cryptocurrency ban continues to take the crypto-sphere by storm. One minute the ban seems well embedded and the whole industry is grinding to a halt and the next, India are set to reverse all mention of the RBI’s decision.
2018-7-11 16:00 | |
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In May 2018, TokenPay Swiss AG joined with WEG Bank in Germany. The former attained a 9. 9 percent stake in the bank, along with the option to purchase as much as 90 percent, pending regulatory approval.
2018-7-11 01:20 | |
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The People’s Bank of China (PBOC) announced on Friday, July 6, that Bitcoin trading in renminbi (RMB) has decreased to less than one percent of the world total. The trading figure reached its peak at 90 percent of the global total.
2018-7-10 16:54 | |
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One week after the Financial Services Commission (FSC) of South Korea said that it is “not opposed” to digital currencies, a Bank of Korea report claimed that cryptocurrencies do not pose a significant risk to the country’s financial system.
2018-7-10 16:19 | |
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The Deputy Governor of the Bank of France, Jean-Pierre Landau, also named “Mister Bitcoin” by the French government, submitted a report to Bruno Lemaire, the French Minister of Finance and Economy.
2018-7-10 16:15 | |
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The Deputy Governor of the Bank of France, Jean-Pierre Landau, also named “Mister Bitcoin” by the French government, submitted a report to Bruno Lemaire, the French Minister of Finance and Economy.
2018-7-10 16:15 | |
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China was one of the most important markets to impose strict rules related to Bitcoin and cryptocurrencies, including a ban on trading the most popular coin in the world. It now looks like China may have helped decimate Bitcoin, and the country seems pretty happy with itself.
2018-7-10 12:12 | |
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The Chinese bank is looking to blockchain technology to increase efficiency and improve customer service for financial asset exchange.
2018-7-11 22:16 | |
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How Unocoin is Going to Tackle Reserve Bank of India’s Crypto Ban The banking ban by India’s central bank has become on July 5. One of India’s largest cryptocurrency exchanges, Unocoin, is a member of IAMAI, as are some other major crypto exchanges including Zebpay and Coinsecure.
2018-7-9 19:42 | |
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The Industrial and Commercial Bank of China (ICBC), one of China’s “Big Four” state-owned commercial banks and one of the world’s largest by total assets, is seeking to patent a blockchain system for the exchange of financial assets.
2018-7-9 16:35 | |
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ICBC, one of China's "Big Four" state-owned commercial banks, is seeking to patent a blockchain system to better execute financial asset transactions.
2018-7-9 15:00 | |
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One of the major fall-outs of RBI’s April-5 circular has been the cease of rupee deposit and withdrawal on the country’s biggest digital exchange platform. Zebpay, shortly after urging its users to withdraw money on July 4, issued a statement saying, “we are disabling the rupee deposit and withdrawal options owing to the bank account The post How to buy Bitcoin in India after RBI ban appeared first on ItsBlockchain.
2018-7-8 14:14 | |
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Ripple is developing various partnerships with banks with the ultimate aim of reducing fiction in global payments, the recent one being their collaboration with Kotak Mahindra, a leading Indian private-sector bank.
2018-7-8 07:07 | |
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The Reserve Bank of India’s cryptocurrency ban comes into effect tomorrow (July 6, 2018). Once one of the thriving centers of cryptocurrency commerce, the ban is most likely going to decimate India’s virtual currency economy.
2018-7-5 23:00 | |
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Blockchain may have useful applications in other sectors but making money is not one of them, according to the Bank of International Settlement General manager Agustín Carstens.
2018-7-5 20:10 | |
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In late 2009, Bitcoin founder Satoshi Nakamoto ushered in a groundbreaking approach to money by championing a digital payment system free from third-party intermediaries and governmental control.
2018-7-9 19:37 | |
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In late 2009, Bitcoin founder Satoshi Nakamoto ushered in a groundbreaking approach to money by championing a digital payment system free from third-party intermediaries and governmental control.
2018-7-5 19:37 | |
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One of the world’s biggest bank is to pay a $47 million criminal penalty to the U.S. Department of Justice and a $30 million settlement to the Securities and Exchanges... The post Credit Suisse Fined $77 Million For Bribing Chinese Officials in a Revolving Doors Scheme appeared first on Trustnodes.
2018-7-5 18:00 | |
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Qiwi, one of Russia’s largest payment services providers, has launched a crypto investment bank. The bank will be known as HASH and will provide ICO issuers and crypto startups assistance, especially with fundraising.
2018-7-5 03:00 | |
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Cryptocurrency exchanges in India have one by one announced the shut down of their fiat deposits and withdrawals as banks start closing their accounts per RBI’s crypto banking ban. Meanwhile, they are trying to educate the central bank in hopes of easing the ban.
2018-7-5 00:40 | |
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One of India’s largest exchanges Zebpay announced it was freezing Indian rupee deposits and withdrawals July 4, a day before a controversial bank ban on cryptocurrency businesses comes into effect. “INR deposits and withdrawals have been paused in the Zebpay app until banks allow us again,” an update to the original warning reads. On Tuesday,
2018-7-5 21:00 | |
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we.trade has confirmed in a blog post written today that the website’s first live trades have taken place. The European-based trade site was founded in a partnership between Deutsche Bank, HSBC, KBC, Natixis, Nordea, Rabobank, Santander, Societe Generale, and Unicredit, and is one of the first trading solutions of its kind built upon the IBM… The post IBM-Powered Blockchain Platform is Live and Trading appeared first on UNHASHED.
2018-7-3 20:18 | |
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Regulation The Indian Supreme Court heard one petition against the crypto banking ban by the country’s central bank today. Japan Confirms Entrance Into the Crypto Space No Stay Granted by Supreme Court The Supreme Court of India heard one petition against the crypto banking ban imposed by the Reserve Bank of India (RBI) on Tuesday,
2018-7-3 19:04 | |
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The Indian Supreme Court heard one petition against the crypto banking ban by the country’s central bank today. However, the court did not grant a stay and the ban is set to proceed as planned, prompting crypto exchanges in the country to start implementing their solutions for banking alternatives.
2018-7-3 16:35 | |
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The EU’s Policy Department for Economic, Scientific and Quality of Life Policies released a report entitled “Virtual currencies and central banks monetary policy: challenges ahead.
2018-7-3 23:28 | |
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The banking ban by India’s central bank is set to begin on July 5. One of the largest crypto exchanges in the country, Unocoin, is working on banking alternatives. News. Bitcoin. com spoke with the exchange’s CEO about what to expect when the ban begins, trader sentiment, and possible ways to bypass the ban.
2018-7-1 11:38 | |
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Qiwi, one of the largest e-payment providers in Russia, is launching a crypto investment bank, called HASH, to advise investors and help Russian companies tokenize their assets once the appropriate regulation in Russia is in place.
2018-6-30 17:58 | |
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The Reserve Bank of India’s deadline to terminate all banking services for crypto-related entities is set to end on July 6. As the date approaches,WazirX, a cryptocurrency exchange, is getting ready for the possible end of its current crypto trading services model in India and preparing a new one.
2018-6-30 14:14 | |
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China’s central bank, the so called People’s Bank of China, has presented a patent application for a wallet that consumers are able to use so as to track cryptocurrency transactions. The patent has been sent to China’s State Intellectual Property Office (SIPO) during the last week. In the last year, China has been one of […]
2018-6-30 09:27 | |
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The Bank of England has warned U. K. lenders to study cryptocurrencies before doing business in the space. In a letter sent out to the financial institutions in the country yesterday, the Bank of England Deputy Governor Sam Woods warned financial companies to take appropriate steps to protect themselves against "exposure to crypto-assets" which he believes are susceptible to "fraud and manipulation, as well as money-laundering and terrorist financing risks.
2018-6-29 18:17 | |
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The Bank of England has reportedly cautioned City bosses away from implementing cryptocurrencies into their business plans — citing all the usual reasons one has probably come to expect. ‘Reputational Risks’ “In their short history, crypto-assets have exhibited high price volatility and relative illiquidity,” wrote Bank of England Deputy Governor Sam Woods in a letter to the chief executives of banks, insurers, and fund managers — as reported by The Telegraph, adding: Crypto-assets also raise concerns Read More The post BoE: Cryptocurrencies Pose ‘Reputational Risks’ appeared first on Bitcoinist.com.
2018-6-29 05:00 | |
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The Reserve Bank of India (RBI) decided, in a circular issued on April 6, that banks in the country will no longer be allowed to do business with crypto exchanges. The deadline, which expires on July 5, is forcing companies to prepare for the worst.
2018-6-29 02:00 | |
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One of the 12 regional Reserve Banks in the US central banking system, The Federal Reserve Bank of St. Louis, have added four cryptocurrencies to its database. Bitcoin, its off-spring from a fork, Bitcoin Cash, Litecoin, and Ethereum are the four cryptocurrencies which were chosen and daily data on their prices will be listed on […] The post Cryptocurrency still cruising as US Federal Reserve Bank Recognizes it appeared first on ZyCrypto.
2018-6-28 17:44 | |
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The Indian banking sector will get a blockchain boost as one of the most prominent private sector banks, Kotak Mahindra, has now joined the RippleNet. The bank will be working on Ripple’s xCurrent platform to settle cross-border payments.
2018-6-28 15:59 | |
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Within the patriarchal industry that is blockchain, we do often see news reports that put extra attention into mediatising how women are actually leading the blockchain revolution. This latest one is even more important since it is referring to women in India specifically.
2018-6-28 13:30 | |
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A senior official at the Reserve Bank of Australia (RBA) said that bitcoin is unlikely to be widely adopted in the country. He outlined the digital currency’s price volatility as well as the stability of the Aussie dollar as the main reasons.
2018-6-27 08:00 | |
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David Solomon, Chief Operating Officer of Goldman Sachs (one of the most successful financial firms in the world), announced on Wednesday that the bank is considering expanding its involvement in crypto trading to incorporate more types of investment.
2018-6-22 23:10 | |
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This week the Federal Reserve Bank of St. Louis added cryptocurrency to their Federal Reserve Economic Data (FRED) database. It’s a seemingly small gesture, but one that signals to most observers crypto’s maturation, at least in the eyes of arguably the most important central banking institution in the world.
2018-6-22 17:42 | |
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WallStreetOnParade, one of my favorite sites tracking the depredations of America’s overclass, has a fun little story out today. The author, Pam Martins, tells of how she received a solicitation from Goldman Sachs for a loan only available to those for with the best credit rating for a ‘low’ APR of 7-25%. This offer, of […]
2018-6-22 03:27 | |
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The exchange could return as a FIU-registered firm after paying the fine, the report added.
This is the third test for the Province's new tool to combat money laundering.
India's most controversial crypto tax, the 1% TDS levy deducted at source, should be lowered to 0.01%, according to the findings of a new study.
Standard Chartered chose Dubai to launch crypto services from. However, reading between the lines, almost anywhere is preferable to the U.S. – that’s the message coming from banks and large institutions.
The finalized rules, set to be published in the EU's official journal, force crypto firms to report on customers' holdings to be shared between tax authorities.
Two years earlier, the exchange was warned by Japanese regulators that it was operating in the country without permission.