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Next Up, A Central Bank Digital Currency For The Bahamas
The Bahamas, a Caribbean paradise, or an area of poverty masked by tourist ideology, is the next country to allegedly be dabbling within central bank orientated cryptocurrencies. Such currencies, also known as Central Bank Digital Currencies (CBDC) are being used in experiments worldwide to investigate how cryptocurrency could be used to help enhance or compliment sovereign FIAT currencies. дальше »
2018-6-26 04:00 | |
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Banks Have Become Skeptical of Crypto: Swiss National Bank Executive
When cryptos became widely popular, central banks were seriously considering issuing their own digital currencies. However, the interest has slowly waned as central banks begin to seriously consider the implications such currencies would have on financial stability. дальше »
2018-6-25 20:00 | |
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Swiss National Bank Executive: Central Banks Now Finding Crypto Issuance Unappealing
Thomas Moser, a board director at the Swiss National Bank (SNB), believes that central banks’ interest in developing central bank-issued digital currencies (CBDCs) has now waned, Business Insider reports today, June 23. дальше »
2018-6-23 16:59 | |
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The Daily: Analysts Predict Bitcoin Will Rebound, Enthusiasm for State Coins Lost
In today’s Bitcoin in Brief we mention some optimistic mid to long term predictions for crypto markets. And while decentralized currencies are hurting in a bearish month, the prospects for state-issued virtual money look even dimmer. дальше »
2018-6-23 14:35 | |
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Creating A National Cryptocurrency Not in the Plans of Switzerland – Central Bank Director
While cryptocurrencies have the potential to facilitate lightning fast payments across borders, reduce the cost of minting fiat money and drastically put inflation in check, the Swiss Central Bank board director, Thomas Moser has declared that digital currencies still do not have what it takes to be a national currency. дальше »
2018-6-23 01:45 | |
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Bank of Korea Denies Plans for Launching a Cryptocurrency
The Bank of Korea (BOK) on Monday argued against the issue of digital currencies by the central bank in a recent report. The bank said that launching its own central bank digital currency (CBDC) will raise the basic mechanisms of its monetary policy and make open market operations more complex. дальше »
2018-6-21 20:02 | |
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Digital currencies don’t perform as money – Bank of Korea
On Monday, the Bank of Korea [BOK] said that it has no plans of issuing Central Bank Digital Currency [CBDC] fearing ‘moral hazard to society’. The BOK is the central bank of the Republic of Korea, and is the sole authority that can issue the South Korean won. дальше »
2018-6-21 00:28 | |
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Bank of International Settlements Says The Internet will Crash If Cryptocurrency Is Adopted
The Bank of International Settlements (BIS), an international financial institution that acts as a bank for central banks of nations, fostering international monetary and economic cooperation, has stated that bitcoin and other digital assets are not perfect examples of money. дальше »
2018-6-20 22:11 | |
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U.S. Executive Branch Employees to Disclose Crypto Holdings, French ICO Regulations Coming by 2019
In recent regulatory news, the United States Office of Government Ethics has issued a document advising employees of the U. S. executive branch to disclose their cryptocurrency holdings. In other news, Bank of Korea has rejected the notion of central bank-issued digital currencies, Crypto Finance AG has received licensing from the Swiss Financial Market Supervisory Authority […] The post U. дальше »
2018-6-19 12:10 | |
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U.S. Executive Branch Employees to Disclose Crypto Holdings, French ICO Regulations Coming
In recent regulatory news, the United States Office of Government Ethics has issued a document advising employees of the U. S. executive branch to disclose their cryptocurrency holdings. In other news, Bank of Korea has rejected the notion of central bank-issued digital currencies, Crypto Finance AG has received licensing from the Swiss Financial Market Supervisory Authority […] The post U. дальше »
2018-6-19 12:10 | |
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Central Bank of Korea: “Digital Currencies Don’t Perform as Money”
In a report released today by the Korean Times, The Bank of Korea (BOK), the country’s central bank, issued a statement saying that they oppose the idea of issuing a central bank digital currency (CBDC). дальше »
2018-6-23 06:52 | |
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South Korea’s Central Bank Opposes Issuing a Central Bank Digital Currency
South Korea’s central bank has said that it opposes the idea of issuing a central bank digital currency (CBDC). The news comes from the Bank of Korea’s (BOK’s) report about coins and the crypto-ecosystem, which looked at the possibility of issuing a CBDC and also how digital currencies might influence Korea’s financial sector as a. дальше »
2018-6-19 01:00 | |
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BIS GM says new cryptos are garbage
They are also actively testing the distributed ledger technology underlying cryptocurrencies – not as a substitute for the current system, but to build on it.” The BIS general manager concludes that “Even in this digital age, trust in the issuing institution matters and will continue to underpin currencies. Central banks, for their part, will have дальше »
2018-6-17 00:21 | |
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India's Central Bank Admits to Banning Crypto Accounts Without Research
]In a fresh new twist, the Reserve Bank of India (RBI) has admitted to issuing its ban on cryptocurrency-related accounts spontaneously, without taking time to study and understand how cryptocurrencies work. дальше »
2018-6-13 23:40 | |
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CBDC Could Have “Severely Negative Consequences” for “Bank-Dominated Payments System” – Former FDIC Chair
The former chair of the United States Federal Deposit Insurance Corporation, Sheila Bair, recently published an article imploring the U. S. Federal Reserve to explore central bank-issued digital currencies (CBDCs). дальше »
2018-6-13 05:40 | |
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Cryptocurrencies can save Upto 76 Bln EU : Says Bank of Italy Deputy Governor
The SUERF/BAFFI CAREFIN Centre Conference in Milan Thursday, June 7 was marked by the deputy governor of the Bank of Italy – Fabio Panetta’s keynote address focused on central bank digital currencies (CBDCs). дальше »
2018-6-12 04:22 | |
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SEC Chairman: Cryptocurrencies Like Bitcoin Are Not Securities, but Most ICOs Are
U. S. Securities and Exchange Commission (SEC) chairman Jay Clayton states that the SEC will not be bending the rules anytime soon when it comes to cryptocurrencies and that while bitcoin remains a commodity, all initial coin offering (ICO) tokens — or coins offered through a fundraising process — classify as securities. дальше »
2018-6-11 22:23 | |
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