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Wholesale Central Bank Digital Currency may enter the market in 5-10 years, but crypto is already here

With the crypto community trying to drive massive crypto adoption, the central banks might just be thinking of launching wholesale Central Bank Digital Currency [w-CBDC]. ING Vysya, a privately owned Indian multinational bank released an article that talked about the new money and that central banks might partner with financial institutions to introduce digital currencies […] The post Wholesale Central Bank Digital Currency may enter the market in 5-10 years, but crypto is already here appeared first on AMBCrypto. дальше »

2019-6-22 04:30


Venezuela Sets Bitcoin Trading Record With New Hyperinflated Banknotes

New currency reforms in Venezuela accompanied a decisive surge in Bitcoin trading this week, with informal markets setting new all-time highs. Bitcoin Boom As Central Bank Re-adds Zeros Data from monitoring resource Coin Dance reveals that in the seven days ending June 15, Venezuelans transacted over 46 billion sovereign bolivars (VES) on P2P Bitcoin exchange Localbitcoins. дальше »

2019-6-17 11:00


Sidechains vs Plasma vs Sharding

Special thanks to Jinglan Wang for review and feedback One question that often comes up is: how exactly is sharding different from sidechains or Plasma? All three architectures seem to involve a hub-and-spoke architecture with a central “main chain” that serves as the consensus backbone of the system, and a set of “child” chains containing actual user-level transactions. дальше »

2019-6-14 04:03


New Digital Fiat Currency System in Development by the Central Bank of the Bahamas (CBOB)

The Bahamas is known as a place of luxury to tourists, and a recent announcement from the Nassau Guardian indicates that the Central Bank of the Bahamas is making the environment more friendly. Reported on May 29th, the CBOB will be starting the development of a digital fiat currency system, starting with an official agreement […] дальше »

2019-5-30 00:07


New Central Bank Of Egypt (CBE) Law To License Crypto Trading And Issuing Business Activities

Egyptian Bill To License Crypto-Trading, Activities Through Central Bank underway The Central Bank of Egypt (CBE) is keen to start regulating the cryptocurrency sphere in the country. Local media reported that the draft of the bill proposes a license policy for all major cryptocurrency related activities within Egypt. The bill currently in the approval process […] дальше »

2019-5-28 21:07


New OneCoin DealShaker Platform is Deserted By Its Owner as Ponzi on the Verge Of Collapse?

The New Zealand Samoan community recently fell victim of a billion-dollar global cryptocurrency scheme that was labeled as a scam. OneCoin cryptocurrency investment project has responded to widespread allegations going on in and around the cryptocurrency world that the project is nothing but a pyramid scheme. The apex bank in Samoa, the central bank of […] дальше »

2019-5-24 19:55


Russian Central Bank ‘Would Consider’ Creating Gold-Backed Cryptocurrency

Russia’s central bank would consider creating a new cryptocurrency backed by gold for international settlements. Gold-Backed Crypto Could Have Use In Settlements That was the latest information to come from Elvira Nabiullina, head of the Bank of Russia, speaking to the country’s parliament, the Duma, about current plans involving cross-border finance. дальше »

2019-5-23 20:00


Thai Central Bank’s lnthanon Digital Currency Project To Build RTGS Interbank For CBDC Payments

Thai Central Bank Has Created A Blockchain Solution To Digital Currency Project The Bank of Thailand, known as the central bank of the country, has recently decided to move ahead one of its most interesting blockchain projects, a digital currency that will be based on the blockchain technology. This new solution will be used in […] дальше »

2019-5-8 23:38


Фото:

Sweden’s Central Bank Asks Gov’t: What’s ‘Legal Tender’?

Sweden’s central bank has its parliament to form a committee to review what constitutes legal tender in the country. Originally reported by Bloomberg’s Amanda Billner, the new committee will give a definitive answer on the definition of legal tender as Sweden increasingly moves away from cash to credit and debit cards for paying for goods and services. дальше »

2019-5-3 12:00


Ripple Partner Bank of England’s Governor Promises to Reinvent the Central Bank for ‘Fourth Industrial Innovation’

Mark Carney, the governor of Bank of England vows to reinvent the central banks to make it fit for the “new economy” of “Fourth Industrial Revolution.” The central bank has been opening up its payments infrastructure to fintech startups, said the governor, making climate change a key priority and embracing artificial intelligence to help the […] дальше »

2019-4-30 18:34


Crypto Scammin’ Church Ministers Steal $2.3 Million as OneCoin Promoters

By CCN. com: For cryptocurrency scammers, no grounds are too holy to scout for potential ‘investors’ as everyone, including churchgoers, is game. Based on an intelligence report from the New Zealand Financial Intelligence Unit (NZFIU), the Central of Bank of Samoa (CBS) has accused two ‘large churches’ in the Asia Pacific (APAC) country of assisting in the proliferation of the OneCoin cryptocurrency scam. дальше »

2019-4-26 19:10


Фото:

An Introductory Guide to Staking Cryptocurrencies

Similar to traditional financial ecosystem where strict guidelines govern the way new fiat currencies are minted by central banks, the decentralized world of blockchain-based cryptocurrencies have several consensus algorithms (proof-of-work (PoW), proof-of-stake (PoS), delegated-proof-of-stake (DPoS), and others which leverage different principles to mint new coins, secure a distributed ledger and partake in governance. дальше »

2019-4-8 17:00