Blockchain Bites: JPMorgan on Bitcoin, South Korea on CBDCs and the Porn Industry on Crypto

JPMorgan bond analysts think bitcoin has passed its first stress test while South Korea's central bank is continuing to research CBDCs. дальше »

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South Korea Set Up Committee to Study Regulatory Obstacles for Potential CBDC Project

South Korea’s central bank, the Bank of Korea (BOK) has set up a legal advisory committee that will look into any possible regulatory roadblocks when issuing its planned central bank digital currency (CBDC). дальше »

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Britain’s Metro Bank Set to Acquire Peer-to-Peer Lender RateSetter

Coinspeaker Britain’s Metro Bank Set to Acquire Peer-to-Peer Lender RateSetterThough Metro Bank has initiated talks to acquire RateSetter, the price that it is ready to pay is unclear and there is no guarantee that the talks will be successful. дальше »

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Will Russia Cut Rates to Post-Soviet Record Low?

Russia's in a recession, but unlike more than 10 years ago when the central bank raised rates during a downturn, this time around it's cutting rates. дальше »

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Bank of Korea launches legal advisory panel for CBDC development

This is part of a series of initiatives being launched by the central bank...

The post Bank of Korea launches legal advisory panel for CBDC development appeared first on Coin Journal.

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S. Korea’s Central Bank Forms Legal Panel to Advise on Possible Digital Currency Launch

The Bank of Korea has set up a legal panel to advise on possible regulatory sticking points for a future CBDC issuance. дальше »

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Инвесткомпания Wilshire Phoenix направила в SEC заявку на запуск bitcoin-траста

Инвестиционная компания Wilshire Phoenix вновь направила в Комиссию по ценным бумагам и биржам (SEC) США заявку на открытие криптовалютного траста Bitcoin Commodity Trust. Хранением активов клиентов займется криптовалютное крыло холдинга Fidelity Investments — Fidelity Digital Assets, фиатную валюту будет хранить UMB Bank. дальше »

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South Korea Establishes Panel for CBDC Review

South Korea’s central bank plans to conduct an in-depth review of the modalities required for issuing a central bank digital currency (CBDC). The news is the latest example of the country’s focus on digital innovation amid the backdrop of China’s advancement in the CBDC sphere. дальше »

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Южная Корея рассмотрит правовые вопросы, связанные с запуском CBDC

Центробанк Южной Кореи сформировал консультативную группу, которая должна дать оценку правовым вопросам, связанным с запуском CBDC. Согласно пресс-релизу Bank of Korea (BOK), в состав группы войдут шесть экспертов – три профессора, два юриста и один сотрудник этого банка. дальше »

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South Korea to Review Legal Issues Surrounding Potential CBDC Launch

The Bank of Korea has tapped six experts to assess possible legal issues surrounding the launch of a central bank digital currency.

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China Could Roll Out Its CBDC Without Anyone Realizing

Ledger’s Glen Woo believes that China’s central bank digital currency could be deployed using existing payment rails without citizens noticing the change. дальше »

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Whales Make Waves, Super Heroes Rise, and Bank Accounts Freeze: Bad Crypto News of the Week

Check out this week’s Bad Crypto podcast.

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Estonia Revokes 500 Crypto Firms’ Licenses After $220 Billion Money Laundering Scandal

Estonia has canceled 500 cryptocurrency firms’ licenses, about 30% of the total, as part of a crackdown on illicit financial flows following a $220 billion money-laundering scandal involving Danske Bank. дальше »

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Bitcoin in Lebanon mirrors its role in Argentina, Hong Kong

If you were to ask a Bitcoiner in the early 2010s their vision for the world come the end of the decade, an answer involving Bitcoin close to $10,000 and a burning central bank would not be far off. дальше »

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Blockchain Firm Pitches CBDC Operating System to Bank of England

As the monetary impacts of the coronavirus drive discussions surrounding central bank digital currencies, a U.K. blockchain firm has proposed a CDBD system to the Bank of England. дальше »

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Lebanon's Central Bank Burns as Protesters Rail Against Fiscal Failures

A spiralling currency crisis in Lebanon sparked widespread protests targeting central banks an increasing embrace of digital assets.

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Belarus Banks Announce Upcoming Token Pilot Program

Belarus Central Bank authorizes several banks in the country to begin issuing tokenized offerings.

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This Liechtenstein Bank Can Now Custody Crypto

Mason Privatbank Liechtenstein is aiming to cater to both crypto-focused investors and asset managers who are looking to diversify their portfolios. дальше »

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Estonia Revokes License of Over 500 Crypto Companies to Curb Money Laundering

European Union member Estonia is now cracking down on cryptocurrency firms to attack money laundering in the country. Estonia has been in the spotlight for Europe’s biggest money-laundering scandal, about €200 billion were laundered from Denmark’s biggest financial institution Danske Bank’s Estonian branch from 2007-2015. дальше »

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Indian Government Reconsiders Banning Cryptocurrency: Report

The Indian government is reportedly reconsidering a plan to ban cryptocurrency and the finance ministry has initiated related inter-ministerial consultations. The move is supposedly spurred by the supreme court quashing the banking ban imposed by the central bank, the Reserve Bank of India (RBI). дальше »

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Big Blow To The Crypto Dream: India’s Government Calls For Blanket Cryptocurrency Ban Again

Since July 2018, domestic commercial banks in India were prohibited by the Reserve Bank of India (RBI) from servicing cryptocurrency exchanges and all other businesses dealing with virtual currencies due to a circular that the Central Bank had released. дальше »

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Chinese Bank Staffer Found Guilty of Buying Bitcoin with Embezzled 2.6 Mln Yuan

An ex-bank worker in China has been found guilty of using the bank?s money and customer loan funds (almost 3 mln yuan) to buy Bitcoin дальше »

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Xapo Suspends Credit Card Crypto Purchases, Shifts Operations to Gibraltar

Xapo is making changes as it transforms into a digital bank launching later this year. дальше »

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Bank Stocks Plunge after Fed’s Decision to Keep Near-Zero Interest Rates

Coinspeaker Bank Stocks Plunge after Fed’s Decision to Keep Near-Zero Interest RatesIn a recent market rally, bank stocks were the biggest winners. But as investors are worried about the uncertainty around how much the economic decline will affect loans, bank stocks will not rebound as fast as shares of other sectors. дальше »

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Institutional Grade Crypto Custodial, Copper Technologies, Joins Global Central Bank Think Tank, OMFIF

Institutional-grade crypto custodian, Copper Technologies, joins the Official Monetary and Financial Institutions Forum’s (OMFIF) Digital Monetary Institute (DMI) as a founding member. The non-profit organization launched in May 2020 aiming at formulating economic policy, public investment and central banking ideas for new and improved digital payment instruments. дальше »

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European Bank Ditches SWIFT for USDC Stablecoin Citing Faster Transaction Settlement

A leading European blockchain bank – Bank Frick – is mulling ditching SWIFT for Circle’s USDC stablecoin to execute and settle payments more efficiently, Decrypt reports, June 10, 2020. Bank Frick Embraces Stablecoin USDC Liechtenstein-based Bank Frick the time-tested international interbank settlement service SWIFT for Circle’s USDC stablecoin. дальше »

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Банк NongHyup сформировал консорциум по развитию блокчейна в финансовых услугах

Южнокорейский банк NH NongHyup Bank объявил о создании консорциума в партнерстве с местной юридической фирмой и лабораторией блокчейна для разработки финансовых услуг на основе цифровых активов. По данным издания Korea Herald, банк подписал меморандум о взаимопонимании с юридической фирмой Bae, Kim & Lee, и разработчиками систем на базе блокчейна Hexlant. дальше »

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Fed Officials See Anemic Inflation Despite Trillion-Dollar Money Injections

Federal Reserve officials see U.S. inflation as likely to stay below 2% over the next three years, based on a new summary of economic predictions released Wednesday by the central bank. дальше »

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Blockchain-friendly bank chooses USDC over Ripple and XRP for cross-border payments

A leading crypto-friendly European bank, Bank Frick has announced it is replacing interbank payment facilitator SWIFT with Circle’s Stablecoin, USDC. The bank based in Liechtenstein cited the speed of transactions for its decision as it is trying to speed up USD payments. дальше »

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Simplified Blockchain Tech Is Helping Bring Banks out of the Stone Age

An archaic blockchain technology helps a technology company convince U.S. bank regulators that the transactions are free of money laundering. дальше »

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Core Components of Institutional Wallet Infrastructure [Online Talk]

About this Event DATE & TIME Date: Friday, June 26, 2020 Time: 9h00-10h00 Mode: online talk via Zoom; Zoom dial-in URL will be sent previous to the online talk SPEAKERS Custodigit (Christian Bieri and Peter Hofmann) bitFlyer (Andy Bryant) Fireblocks (To be announced) METACO (Seamus Donoghue) AGENDA 9h00-9h05 – Introduction by Disrupt Network 9h05-9h15: Custodigit: The Swiss Digital Asset Bank […] дальше »

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South Korean Bank Developing Bitcoin Crypto Exchange

A South Korean bank that manages $270 billion in deposits has partnered with a law firm and a dev studio to move into the crypto space. NH NongHyup Bank has... The post South Korean Bank Developing Bitcoin Crypto Exchange appeared first on Trustnodes. дальше »

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China Freezes Bitcoin Miners’ Bank Accounts

China has frozen the bank accounts of many bitcoin miners according to local media reports as a crackdown intensifies following Yuan’s devaluation. “Many miners and OTC merchants said that many. дальше »

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4,000 Chinese Bank Accounts Reportedly Frozen Due to Crypto Connections

About 4,000 Chinese bank accounts of over-the-counter cryptocurrency traders were allegedly frozen by law enforcement.

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More than 4,000 bank accounts belonging to crypto traders frozen by Chinese authorities

Police from Guangdong province freeze bank accounts on suspicion of involvement in money laundering... The post More than 4,000 bank accounts belonging to crypto traders frozen by Chinese authorities appeared first on Coin Journal. дальше »

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South Korea’s Central Bank Focuses on Blockchain and CBDCs in New Ten-Year Plan

The Bank of Korea has revealed a new 10-year development plan for the nation’s economy. The bank is giving blockchain technology and CBDCs a greater priority, with many initiatives planned to be launched by the end of the year. дальше »

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China Zheshang Bank выпустил обеспеченные активами коммерческие бумаги на блокчейне

Китайский банк China Zheshang Bank использовал блокчейн для выпуска обеспеченных активами коммерческих бумаг стоимостью $16. 9 млрд в рамках экспериментального проекта. В рамках проекта Национальной ассоциации институциональных инвесторов финансового рынка (NAFMII), национальный китайский банк China Zhe­shang Bank выпустил обеспеченные активами коммерческие бумаги стоимостью $16. дальше »

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Chinese Authority Freezes Thousands of Cryptocurrency Traders’ Bank Accounts

Several thousands of bank accounts belonging to cryptocurrency traders have reportedly been frozen by Chinese police as a result of an extensive crackdown on illicit activities. Frozen accounts are not necessarily involved in wrongdoing and supposedly can be unfrozen if the authority finds no evidence of illicit activities. дальше »

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Bitcoin, Ethereum's popularity in China not a fluke

The cryptocurrency club is becoming exclusive, with countries around the world in a race to put forward their version of a central bank digital currency [CBDC]. China is the only country that has annoThe post Bitcoin, Ethereum's popularity in China not a fluke appeared first on AMBCrypto. дальше »

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Saudi Monetary Authority Pumped Some of $13B Bank Infusion Using Blockchain

The central bank claims to have distributed 'part' of a recent $13 billion bank "liquidity enhancement" using blockchain tech. дальше »

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Ethereum предсказали новое ралли на фоне роста числа кошельков до 100 млн

Число кошельков в сети Ethereum превысило 100 млн впервые за пять лет существования криптовалюты. На это указал основатель Mythos Capital и криптоинвестор Райан Шон Адамс. 100 Million Bank Accounts. дальше »

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Saudi Arabia: Central Bank Uses Blockchain to Inject Liquidity Into Local Banks

Saudi Arabia’s central bank – the Saudi Arabian Monetary Authority (SAMA) – announced that it recently deposited part of its liquidity injections to local banks via a blockchain-powered system. дальше »

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Saudi Arabian Central Bank Deploys Blockchain Techhnology to Interact With Local Banks

A central bank digital currency, or CBDC, is the most widespread use-case for financial authorities in terms of blockchain, but not the only one дальше »

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Central Bank of Saudi Arabia Transfers Funds to Local Banks Over Blockchain

The Saudi Arabian Monetary Authority has transferred funds to local banks using blockchain technology.

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В Китае появились ценные бумаги на блокчейне

Китайский коммерческий банк, участник топ-500 крупнейших публичных компаний мира Forbes Global 2000 за 2019 год China Zheshang Bank выпустил ценные бумаги на базе блокчейна (ABCP). Информация об этом появилась в ChinaBankingNews. дальше »

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Бывшие топ-менеджеры Тинькофф запустили конкурента Revolut

Бывшие топ-менеджеры Тинькофф-банка Артем Яманов и Александр Емешев запустили финтех-стартап – конкурента популярного необанка с российскими корнями Revolut. Информация об этом появилась в блоге партнера компании – Solaris bank. дальше »

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Китайский банк выпустил ценные бумаги на блокчейне стоимостью $16,9 млрд

Коммерческий банк China Zheshang Bank выпустил ценные бумаги на блокчейне общей стоимостью $16,9 млрд. Об этом сообщает ChinaBankingNews. Эмиссия ценных бумаг прошла в рамках пилотной программы Национальной ассоциации институциональных инвесторов финансового рынка (NAFMII). дальше »

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Chinese Bank Issues Commercial Paper Worth $16.9 Billion on Blockchain

A Chinese commercial bank issued China’s first asset-backed commercial paper worth $16.93 billion on a blockchain.

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Governments Shifting from Fiscal Triage to Recovery Mode, Says Deutsche Bank

As the world economy struggles to reopen in the wake of the COVID-19 lockdown, some believe that the first stages of recovery have begun. This especially includes Deutsche Bank, who’s Securities Chief Economist Torsten Slok said: Policy makers are moving from triage to recovery. дальше »

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Chinese Police Freezing OTC Traders’ Bank Accounts Over ‘Tainted’ Crypto Transactions

Thousands of cryptocurrency over-the-counter merchants and their clients may have been affected as police in China freeze bank accounts over tainted crypto and fiat assets. дальше »

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