BIS cracks down on cryptocurrencies calling them "money from nothing"

News	2018-7-6 19:44

Cryptocurrencies are investment asset and can not perform the function of money, as they can not be considered a good means of payment, a unit of account or a means of saving.

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Источник: coinfox.info

means money → Результатов: 16

Venezuela Hits 43000% Inflation – Money Is Worthless

know I was thinking about it though Dave because we’re looking at the news with Venezuela it’s so sad. I don’t think people really understand the tragedy of hyperinflation but the tragedy means that you know some people literally don’t eat.

2018-7-6 07:34	News
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What this means for bitcoin why institutional money is coming

But is it really the case that institutional investors are waiting on the sidelines for the right framework to buy in? Also read: Shapeshift CEO Defeats Peter Schiff in Bitcoin Debate Institutional Money Is Coming but Will It Benefit Retail Investors? Crypto assets surged by an average of 11.4% on Monday, with bitcoin, predictably, the first

2018-7-3 20:23	shapeshift
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Why Institutional Money Is Coming and What This Means for Bitcoin

Institutional money is coming. At least that’s been the refrain from desperate cryptocurrency traders for the past six months, praying for an influx of new fiat to shore up prices and float their alt bags.

2018-7-3 18:35	Wall Street
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Exar.cc: Legit Cryptocurrency Mining Profit Earning Potential?

The lucrative nature of the cryptocurrency industry has enticed many investors who find it an attractive way of raking in abnormal profits within short periods of time. One of the profitable means of making money through the cryptocurrency industry is mining.

2018-7-3 04:06	Cryptocurrency
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EU’s Report on Cryptocurrencies: Says Officials “Should Not Ignore” Them

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	Adoption
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Top 8 Ways Users Can Be at Fault For Losing Bitcoin & Crypto Assets

All the Ways You Can Lose Your Cryptocurrency One of the best things about bitcoin is that you’re in complete control of your money. One of the worst things about bitcoin is that you’re in complete control of your money – which means you’re responsible if something goes wrong. It’s suspected that as many as […]

2018-6-30 02:44	News
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A Nuanced Look At Crypto Assets as Securities In Light of SEC Comments

On June 14, 2018, the Securities and Exchange Commission (SEC) director of corporate finance made waves in the cryptocurrency space when he commented at Yahoo Finance’s All Market Summit: Crypto that ether is not a security.

2018-7-3 23:16	Regulation
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Unofficial Report Confirms Tether’s Tokens Are Fully Backed by US Dollars

Tether Ltd. , which issues a stable coin allegedly tied to U. S. dollar reserves, claims it has hired Freeh Sporkin & Sullivan LLP — a law firm co-founded by FBI Director Louis Freeh — to confirm its bank deposits and assure investors that its cryptocurrency is backed by USD.

2018-6-21 23:05	Digital assets
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“No Grounding In Reality”: BIS Report Tells A Strange Crypto Story

Earlier this week, the Bank of International Settlements (BIS) in Switzerland issued a new document as part of its annual economic report that warns citizens of the dangers of digital currencies.

2018-6-20 22:29
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Ripple’s [XRP] Cory Johnson – Cross-border money flow huge for global economy

Ripple, in its recent Twitter post, is carrying a highlighted statement by Cory Johnson at the Yahoo Finance Summit last week: “Moving money across borders might not seem that exciting, but if you think about what it means for the global economy, it’s huge.

2018-6-20 16:18	News
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Bitcoin Magazine’s Week in Review: Looking Back to See the Way Ahead

It’s been a turbulent time for the cryptocurrency markets, so now is a good time to reflect on how and why we got here in the first place. First, an op ed makes the ideological case for Bitcoin.

2018-6-16 04:35	Bitcoin
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Jeff Garzik on His Newest Venture and Keeping Time With an Evolving Space

Jeff Garzik first tuned the world into his latest venture in the fall of 2017. The Bloq co-founder unveiled Metronome (MET), a cryptocurrency he founded alongside Matthew Roszak, at the Las Vegas Money 20/20 conference in late October, and the project caught the attention of Bloomberg and Fortune at the time.

2018-6-16 23:51	Digital assets
metronome met community blockchain coin team contracts

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Proposed Regulations Could Cause Major Shifts in Canadian Crypto Businesses

Canada’s government has released draft regulations for “virtual currencies” with a consultation period of 90 days, saying that proposed regulatory changes could mean a loss of $60 million over 10 years for businesses that deal in cryptocurrencies but will improve Canada’s international reputation and make it easier for crypto businesses to deal overseas.

2018-6-13 20:24	Regulation
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New Platform Answers the Question: Who's Really Behind That ICO?

With crypto scams running rampant across the globe, Human Trust Protocol, aka Hub, is joining hands with Civic, a blockchain identification service provider, to verify users via know-your-client (KYC) data gathered from the Civic secure identity platform (SIP).

2018-6-13 00:23	Privacy & security
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Tether Open-Sources Bitcoin Mining OS, Targeting Home Rigs to Global Industrial Farms

Key Takeaways: Tether unveiled Mining OS (MOS), a complete Bitcoin mining platform designed according to open-source model The system can implement from small-sized mining rigs at home to big multi-site The post Tether Open-Sources Bitcoin Mining OS, Targeting Home Rigs to Global Industrial Farms appeared first on CryptoNinjas.

White House Talks Stablecoin Yield as Crypto, Banks Push US Market Structure Bill

Key Takeaways: Crypto industry and banking leaders met at White House to discuss about regulation on stablecoin yield. Talks aim to unlease bottlenecks, foster the progress of the Digital Asset The post White House Talks Stablecoin Yield as Crypto, Banks Push US Market Structure Bill appeared first on CryptoNinjas.

Ripple Secures $280M Diamond Tokenization as UAE Pushes Real-World Assets Onto XRPL

Key Takeaways: Billiton Diamond and Ctrl Alt have tokenized more than 280 million polished diamonds in the UAE. The program utilizes the use of the XRP Ledger, and Ripple offers The post Ripple Secures $280M Diamond Tokenization as UAE Pushes Real-World Assets Onto XRPL appeared first on CryptoNinjas.

Ethereum builders shrug off ETH decline as network activity holds steady

By several measures, activity on the network remains near peak levels, which has industry leaders plussed about the plunge in ether's price.

Flare unveils new way for XRP holders to earn yield through a massive DeFi upgrade

Users can now lend FXRP to earn yield or use it as collateral to borrow other assets, giving XRP holders new ways to put their tokens to work onchain.

Galaxy Digital shares plunge over 6% in pre-market over $482 million Q4 loss

Galaxy generated $426 million in adjusted gross profit for the full year and ended it with $2.6 billion in cash and stablecoins, despite the significant quarterly loss.

Strategy slides toward eighth straight monthly decline

Last year marked the second-worst annual performance since Strategy adopted its bitcoin treasury strategy.

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2018-7-6 19:44

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