Banks and Big Business Scramble for Their Own Digital Cash

2019-8-13 18:00

Last week Reuters reported that several of the world’s biggest banks have invested $50 million to “create a digital cash system to settle financial transactions”. It’s an on-going project, according to the report, involving the likes UBS, Credit Suisse, Barclays, and Deutsche Bank.

Banks are being tight-lipped on the project, and it should be noted […]

The post Banks and Big Business Scramble for Their Own Digital Cash appeared first on AMBCrypto.

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German Central Bank Presidents Warns of Digital Currency Blaze

Jens Weidmann, President of Bundesbank, believes mainstream adoption of digital currencies will lead to a systematic destabilization of the financial markets and banking system, May 30, 2019.   More Doomsday Predictions Central banks around the world are exploring the potential of electronic cash in response to a growing demand to digitize the economy and limit theRead MoreRead More.

2019-5-30 21:00


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Inside North Korea’s evil masterplan to siphon Southeast Asia’s cryptocurrency

North Korea might be posturing to attack Southeast Area’s growing cryptocurrency sector, and experts say it demands international response to reduce the threat. British defense think-tank Royal United Services Institute (RUSI) has warned countries like Singapore, Thailand, Malaysia, and Vietnam could soon become targets of state-sponsored hackers intent on skirting international economic sanctions, CNBC reports.

2019-4-15 12:56


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Op Ed: With Bitcoin, Anarchy Is the Point, Not the Problem

Last week, there was a panel at SXSW that was effectively a debate on the merits of permissioned blockchains versus permissionless systems like Bitcoin. I listened to the entire audio of the panel discussion, after Programming Bitcoin author Jimmy Song tweeted it out the other day, and I thought he did an awesome job of pointing out the key value proposition of Bitcoin and why it is not worth comparing to permissioned systems.

2019-3-23 17:29


Andreas Antonopoulos Says More State-Sponsored Cryptocurrencies are Coming to Eliminate Cash

Andreas Antonopoulos, a Bitcoin (BTC) proponent and the author of Mastering Bitcoin, talked during a Q&A video about state-sponsored digital currencies. During the last years, there have been several analyses performed by financial institutions such as central banks regarding the issuance of central bank digital currencies (CBDC).

2019-3-1 19:37


In the Daily: Blockchain Phones, Crypto Cash Out Gets Easier, Banks vs Exchanges

Wednesday’s edition of The Daily charts the rise of blockchain phones and the effects they’re exerting on the tokenized assets supported by their built-in wallets. We also examine Europe’s favorite crypto card service, which is invading Asia and making it easier to cash out of cryptocurrency, and consider the similarities between crypto exchanges and banks […] The post In the Daily: Blockchain Phones, Crypto Cash Out Gets Easier, Banks vs Exchanges appeared first on Bitcoin News.

2019-2-27 14:38


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