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Novogratz on Near-Term BTC Consolidation: ‘Trees Don’t Grow to the Sky’
By CCN: Mike Novogratz’s expectation for bitcoin price consolidation is starting to look more feasible since BTC abruptly took a dive today. The high-profile trader believes bitcoin is poised for near-term consolidation to a narrow range despite recent market momentum. дальше »
2019-5-31 23:30 | |
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Novogratz: Bitcoin Momentum to Slow, BTC May Trade Between $7,000 and $10,000
Bitcoin Upswing To Slow Mike Novogratz, the Wall Street veteran founder of crypto bank Galaxy Digital, expects for Bitcoin (BTC) to soon slow its swing to the upside after rallying over 130% year-to-date. дальше »
2019-5-31 22:30 | |
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Bitcoin Trading Popularity Spooks Malawi Central Bank Warning Against Cryptocurrency
By CCN: The governor Reserve Bank of Malawi (RBM) has warned that cryptocurrencies are not legal tender and should not be used in place of the legal fiat currency, the Malawi Kwacha. According to local media, Dr. дальше »
2019-5-30 11:40 | |
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Bundesbank Ridicules Blockchain: Not a ‘Breakthrough’ Technology
By CCN: The president of Bundesbank – Germany’s central bank – is not impressed by blockchain, despite the technology experiencing increased adoption in other sectors. German Central Bank: Blockchain Slow & Expensive According to statements made in Frankfurt on May 29, Bundesbank President Jens Weidmann claimed that a trial project to integrate blockchain failed miserably. дальше »
2019-5-30 22:07 | |
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Weidman, President Of German Central Bank: “Blockchain Settlement Was Slow, Costly In Trial”
Weidman – President Of German Central Bank: “Blockchain Settlement Was Slow, Costly In Trial” According to the president of Germany's Central Bank – Jan Weidman – the recent performance of a trial project which made use of blockchain technology in order to provide an alternative transfer and settlement solution for securities and cash demonstrated that […] дальше »
2019-5-29 21:25 | |
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Egypt: Central Bank of Egypt to Ban Unlicensed Cryptocurrency Businesses
According to a report by Egypt Independent published on May 28, 2019, a new banking law drafted for the Central Bank of Egypt (CBE) would make it illegal to form or operate a crypto-based business without obtaining the mandatory licenses in advance. дальше »
2019-5-29 13:00 | |
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Dubai Government, UAE-Based Mashreq Bank to Develop New Blockchain e-Mortgage System
The real estate arm of the Executive Council of Dubai (Dubai Land Department), in a joint effort with the United Arab Emirates-based Mashreq Bank, has decided to announce the launch of a new blockchain-based mortgage platform. дальше »
2019-5-29 01:24 | |
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European Central Bank (ECB) Executive On Central Bank Digital Currencies (CBDCs): They Have Uses
European Central Bank Official Affirms That CBDCs Have Several Uses An official from the European Central Bank called Vitas Vasiliauskas has recently talked about Central Bank Digital Currencies (CBDCs). дальше »
2019-5-29 00:23 | |
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Bitcoin Whales Bought the F**king Dip: Research
By CCN: When the whales start splashing, you can be sure that a major Bitcoin market move is afoot. New research reveals that these high-rolling crypto investors accumulated a staggering 450,000 BTC over the past nine months, especially as the market careened toward its bear market lows in late 2018. дальше »
2019-5-29 00:08 | |
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Chinese Speculators Borrow Millions To Invest In Crypto, Says Bank CEO
Chinese speculators are borrowing in droves to take out positions in the bull market, according to one lender. BabelBank, one of the largest commercial crypto banks, has seen a significant increase in speculative borrowing. дальше »
2019-5-29 18:36 | |
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South Korea’s Shinhan Bank Introduces Blockchain Platform for Document Verification
South Korea’s Shinhan Bank has announced the introduction of a blockchain system that replaces the manual verification process of documents, according to a report by CNB Journal. The blockchain system has been applied to the Shinhan Doctor Loan product aimed at medical professionals and considerably reduces the time spent to verify documents such as certificates […] The post South Korea’s Shinhan Bank Introduces Blockchain Platform for Document Verification appeared first on Coinjournal. дальше »
2019-5-28 13:56 | |
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Russia Central Bank Mulls Gold Standard for National Cryptocurrency
Russia’s Central Bank could be considering a gold-pegged cryptocurrency, according to a report by Russian news agency, RIA on May 23, 2019. However, the apex bank states that virtual currency would not act as a substitute for the Russian Ruble. дальше »
2019-5-26 01:00 | |
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Netherlands-based Rabobank Steps Away from its Crypto Wallet Program
Dutch bank Rabobank that announced its plan to create a cryptocurrency wallet Rabobit in March last year is now stepping away from its plan due to the hindrance faced by the uncertain crypto regulations in the Netherlands. дальше »
2019-5-24 17:00 | |
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Bank of Russia: We are Opposed to Crypto, But May Consider Gold-Backed Digi-Asset
According to local news publication TASS, the Bank of Russia will consider a gold-backed digital currency for use in international settlements. However, the institution remains opposed to truly decentralised crypto assets. дальше »
2019-5-24 02:00 | |
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Russia Stunningly Explores a Gold-Backed Crypto to Settle Payments
By CCN: Russia is reportedly considering the implementation of a gold-backed cryptocurrency, according to Russian news outlet Tass. Immutability and censorship-resistance are useful for governments in certain instances, such as conducting international trade in the face of sanctions. дальше »
2019-5-24 22:55 | |
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XRP Bulls Await Ripple Labs’ Bank Partnerships And Collaborative Efforts
Ripple (XRP) sinks 4. 1 percent Collaboration with traditional banks will cement Ripple Inc’s position as a provider of SWIFT alternative The casual handling of Coin Metrics report could end up biting Ripple, that’s according to a crypto advocate Fernando Nieto. дальше »
2019-5-23 21:00 | |
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Mike Novogratz Sells His Stake in Crypto Startup Block.one for $71 Million
Mike Novogratz’s Galaxy Digital has sold majority of its stake in cryptocurrency startup Block. one for $71 million – a 123 percent gain on its initial investment. Massive Payday for Novogratz’s Galaxy Digital Mike Novogratz’s Galaxy Digital has sold most of its share in Block. дальше »
2019-5-22 18:00 | |
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Mike Novogratz’s Galaxy Galaxy Digital Liquidates Block.One Stake for $72.1 Million
According to a press release issued May 21, 2019, Mike Novogratz’s Galaxy Digital Holdings Ltd. Received $71. 2 million after it sold its stake in Block. One, the firm behind the EOS blockchain network. дальше »
2019-5-22 15:19 | |
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Owning Bitcoin Legal Despite Govt Trading Ban, Says Bank of China Council
By CCN: According to Sa Xiao, a Council Member at the Bank of China’s Law Research Association, it is legal for individuals to own bitcoin in China despite the government’s blanket ban on trading. дальше »
2019-5-22 10:31 | |
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Myanmar Central Bank Determined to Curb the Flourishing Local Crypto Industry
The Central Bank of Myanmar (CBM) is determined to curb the growing local cryptocurrency industry. This comes after the central bank issued a warning against engaging in cryptocurrency activities. дальше »
2019-5-21 16:58 | |
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Myanmar’s Central Bank Wary of Volatile Cryptocurrencies; Cautions Investors to Not Trade
According to a report by The Myanmar Times, published May 20, 2019, the Central Bank of Myanmar (CBM) has warned investors against trading in cryptocurrencies due to their volatile nature. The Burmese Apex Bank Issues an Anti-Crypto Warning Aiming to safeguard novice investors from the volatile nature of digital currencies, the CBM earlier has issuedRead MoreRead More. дальше »
2019-5-21 13:00 | |
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ABN AMRO signs on Accenture and ING Bank for its blockchain inventory platform
Despite abandoning plans to build its own Bitcoin wallet, ABN AMRO is not quite done with blockchain tech. The Dutch banking giant has announced plans to launch a decentralized trade inventory platform in collaboration with Accenture and ING Bank, according to a press release (spotted by CoinDesk). дальше »
2019-5-20 18:00 | |
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JP Morgan Analyst: Bitcoin (BTC) Trading Above Intrinsic Value
Analysts at Wall Street investment bank J. P. Morgan Chase believe that the price of Bitcoin has soared above its intrinsic value throughout 2019’s rally. According to new details emerging from the banking giant, JPM strategists. дальше »
2019-5-20 16:38 | |
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Bitcoin Price Boom Signals Massive Dystopian Panic Over 2019 Recession: Analyst
By CCN: The sudden swell of Bitcoin’s price to $8,000 USD this year shows global recession fears are mounting. This according to Michael Hartnett, the chief investment strategist at Bank of America Merrill Lynch. дальше »
2019-5-20 17:30 | |
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Bank of England’s Chief Economist Thinks Bitcoin Could Replace Cash
It took bitcoin an 85 percent crash followed by a 135 percent recovery to convince a prominent financial expert about its underlying potential. Andrew G Haldane, the chief economist of the Bank of England, said bitcoin is on its way to replace cash, according to an eyewitness’s account. дальше »
2019-5-18 16:37 | |
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India: Lobby Groups Ask the RBI to Include Crypto, ICOs in Regulatory Sandbox
In a bid to ensure that India doesn’t fall behind in the global cryptocurrency race, tech industry lobby groups and crypto startup founders have asked India’s apex bank, the Reserve Bank of India (RBI), to include crypto-assets and digital tokens in its proposed regulatory sandbox framework for the fintech industry. дальше »
2019-5-17 13:00 | |
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India: Nasscom pushes Reserve Bank of India to consider crypto, crypto-related assets in its regulatory sandbox framework
In April 2019, the Reserve Bank of India [RBI] had announced that it was working on ‘Draft Enabling Framework for Regulatory Sandbox’. This draft had excluded Cryptocurrency, Initial Coin Offering, credit registry, and other crypto-related assets and there had been rumors of the government of India banning crypto. дальше »
2019-5-17 20:30 | |
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Hong Kong and Thai Authorities Sign Fintech MoU
The Hong Kong Monetary Authority (HKMA) has signed a memorandum of understanding with the Bank of Thailand (BOT), in a bid to promote financial technology (fintech) collaborations between the two regulators, according to a Crowdfund Insider report on May 14, 2019. дальше »
2019-5-16 11:30 | |
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Blockstream Releases First Enterprise-Grade Product on Liquid
Security tokens are coming to Bitcoin, courtesy of Blockstream. The Bitcoin and blockchain technology company announced on May 15, 2019, the final day of the Consensus 2019 conference, that Liquid Securities, a platform for issuing and managing security tokens on its Liquid sidechain, is ready to go live. дальше »
2019-5-16 19:14 | |
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Bank of New York Mellon (BNY Mellon) Gives Nod to New Head Of Blockchain, Subhankar Sinha
The Bank of New York Mellon (BNY Mellon), a financial giant in the global market, has recently decided to name Subhankar Sinha as the new Head of Blockchain of the company. His new role will be to work in the creation of partnerships with the blockchain world. дальше »
2019-5-15 06:10 | |
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Game Changer? Crypto Prime Dealer Unveils FDIC-Insured Accounts
By CCN: Crypto mass adoption hopefuls rejoice. FDIC protection is here. Cryptocurrency prime dealer SFOX is partnering with M. Y. Safra Bank of New York to offer traders and investors deposit accounts backed by the Federal Deposit Insurance Corp. дальше »
2019-5-15 01:15 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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Malta: Crypto-Friendly Founders Bank Hires Ex Deutsche Executive as New CEO
Founders Bank, a Malta-based blockchain-friendly financial institution has hired Kenan Altunis, former Deutsche Bank chief executive officer, to function as its CEO, according to a Bloomberg report on May 9, 2019. дальше »
2019-5-12 09:30 | |
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Medici Bank, Which is 5 Centuries Old, Intends to Use Blockchain in Historical Turning Point Notion
One of the oldest banking dynasties in the world, has started what they call “new rebirth”, in which Prince Lorenzo de Medici, a direct heir of one of the Italian families who led one of the banking empires in the fifteenth century, opens a new bank focused on “digital commerce and investment”. According to a […] дальше »
2019-5-12 22:24 | |
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China Could Push Bitcoin Up As Central Bank Tightens Its Capital Control On US Dollar
China Could Push Bitcoin Up As Central Bank Tightens Its Capital Control On US Dollar According to the latest report by South China Morning Post, Chinese banks have increased their scrutiny of foreign currency withdrawals. дальше »
2019-5-8 20:34 | |
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Scary! Rising US-China Trade War Tensions Could Take 10% Off the S&P
By CCN: Global markets continue to digest the impact of President Donald Trump’s Sunday evening tweetstorm. Meanwhile, analysts from some of the world’s biggest investment banks including UBS and Bank of America Merrill Lynch have detailed their forecasts for what a full-on trade war between the U. дальше »
2019-5-8 00:10 | |
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Big Asian Bank Executive: Going Paperless Will Save the $9 Trillion Finance Sector from Forgeries
Going paperless is seemingly becoming an attractive option. Paper records are often used to carry out activities in banks from lending to signifying ownership. However, forgers are now utilizing it as a means to forge the symbols that make a document legal. дальше »
2019-5-7 22:48 | |
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Iran Central Bank Develops Blockchain Platform for Financial Sector
Iran’s Central Bank has been developing a platform named Borna to provide a common standard for blockchain use in Iran and bringing down the cost of developing blockchain solutions, allowing Iran’s banks and other financial entities to test and implement blockchain on a wider scale. дальше »
2019-5-6 20:00 | |
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Myanmar Central Bank Warns Against Cryptocurrency Trading
Myanmar’s apex bank is sounding a note of warning to citizens against the dangers of trading with cryptocurrency. Per the report from The Irrawaddy May 03, 2019, the country’s central bank frowns on the use of virtual currencies, as there have been reports of digital currency scams by inexperienced victims. дальше »
2019-5-5 01:00 | |
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NYPD Reports Over $2 Million in Bitcoin Stolen by Thieves via Phone Scams Posing as Authorities
Phone scams are on the rise according to officials at the New York Police Department. Thieves have stolen over $2 million posing as false social security officials. Requesting payments are made in BTC, prepaid gift cards and bank wire transfers, they have forced the police to issue warnings to unsuspecting targets. Using trust warranted by […] дальше »
2019-5-4 02:25 | |
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New York Police Warn Citizens of Cryptocurrency Phone Scams
In New York, Bitcoin scammers are impersonating Social Security Administrators. A report by The Next Web reveals the New York Police Department (NYPD) sent out a warning to the public, alerting them to fraudsters who call and ask for payment in bank wire transfers, bitcoin (BTC), and prepaid gift cards. дальше »
2019-5-3 20:00 | |
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Singapore Central Bank Says It ‘Does Not See Much’ in Ripple’s Cryptocurrency
The Monetary Authority of Singapore has little faith in Ripple’s payment products, according to a senior official
дальше »2019-5-3 13:41 | |
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Crypto Hacks Are on Track to Eclipse $1 Billion in Lost Funds This Year
Crypto security and intelligence firm CipherTrace has published its Q1 2019 Cryptocurrency Anti-Money Laundering Report, revealing that exchange platforms all over the world have lost nearly $400 million as a result of hacks and thefts. дальше »
2019-5-3 17:40 | |
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OneCoin ‘Compromised’ Samoa’s Financial System: Churches Investigated For Money Laundering
Embattled pseudo-crypto ponzi scam, OneCoin, has a lot to answer for, now allegedly including the ‘compromise’ of Samoa’s financial system. This is according to the country’s Central Bank, which is investigating two Samoan churches for money laundering over OneCoin. дальше »
2019-5-2 16:00 | |
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Goldman Sachs: Bitcoin Is ‘Very Intriguing’, But Awaits Government Clarity Before Any Investments
No one could accuse Goldman Sachs of not being a conservative bank. While the whole world is starting to participate in the crypto revolution, one of the largest banks in the United States is now confirming that they will not enter the game until it is too late. According to a recent report of American […] дальше »
2019-5-2 02:12 | |
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