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Russian Central Bank Tests New Kinds of Stablecoins
Coinspeaker Russian Central Bank Tests New Kinds of StablecoinsThe Russian Central Bank is working with corporate entities in implementing its digital currency - stablecoins backed by real assets.Russian Central Bank Tests New Kinds of Stablecoins дальше »
2019-12-28 18:07 | |
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China Continues Anti-Crypto Stance With Beijing Warning; Will it Work?
Shanghai Securities News has just reported that authorities in Beijing, China’s capital, have renewed their anti-crypto stance. Per the report and one from The Block, the Beijing Local Financial Supervision and Administration Bureau, the Business Management Department of the People’s Bank of China, the Beijing Banking and Insurance Regulatory Bureau, and the Beijing Securities Regulatory. дальше »
2019-12-27 15:00 | |
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Bahamas Central Bank Will Pilot Digital Currency Starting December 27
The Bahamas is planning to pilot a digital version of the Bahamian dollar in the Exuma district starting December 27
дальше »2019-12-27 23:25 | |
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Bitcoin interest spikes in Africa as region sees rising inflation
Be it South African Reserve Bank's [SARB] calls for solutions providers for the creation of a digital currency that would allow consumers to transact without a bank account or Bitcoin's interest spikiThe post Bitcoin interest spikes in Africa as region sees rising inflation appeared first on AMBCrypto. дальше »
2019-12-27 20:30 | |
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Russian Central Bank Tests Stablecoins in Regulatory Sandbox
According to recent reports, the Bank of Russia has started using a regulatory sandbox to test the performance of stablecoins. Russia Warming to Stablecoins Russia’s stance towards cryptocurrencies has always been questionable, with the country’s intentions and goals never being fully known to anyone. дальше »
2019-12-26 16:45 | |
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Cryptocurrencies May Solve Central Bank Interest Rate Woes in 2020
Bloomberg recently published a story that detailed what the world’s central banks would do in 2020. The report covered a lot of subjects, including some probabilities to be optimistic about it and some to be worried about. дальше »
2019-12-26 07:34 | |
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Meltem Demirors on Government Digital Currencies and Why ‘The Halvening’ Gets Weird
Why the narrative of 2019 was the emergencies of Central Bank Digital Currencies and why the halvening won’t go as people expect дальше »
2019-12-25 23:00 | |
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Bitcoin payment processor OpenNode sets up recurring bank account transfers
OpenNode, a bitcoin payment processing service, has announced a new enhancement on its platform enabling a scheduled bank transfer feature. The new tool combines the benefits of accepting bitcoin – no chargeback fraud, lower fees, and easy international payments – with the convenience of supported fiat currencies. дальше »
2019-12-24 23:00 | |
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Mnuchin Affirms $1.5 Trillion Unaccounted For, Still Demands Strict Bitcoin Regulation
U. S. Treasury Secretary Steven Mnuchin remarked last week that a reported $1. 5 trillion in missing cash — mostly one hundred dollar bills — was “sitting in bank vaults all over the world. дальше »
2019-12-23 19:20 | |
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China’s Central Bank Digital Currency is “Digital Form of the Yuan” & “Not for Speculation”
China’s new sovereign digital currency would not be open to speculation like other cryptocurrencies, said a Chinese central bank official on Saturday. Mu Changchun, head of the People’s Bank of China’s digital currency research institute said it would be a “digital form of the yuan” that wouldn’t need the backing of a basket of fiat […] дальше »
2019-12-23 19:11 | |
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PBOC Official: China’s Digital Yuan Won’t Be a Speculative Currency Like Bitcoin
According to recent statements by People’s Bank of China (PBOC) official Mu Changchun, the country’s digital yuan is ready for trials. The central bank digital currency (CBDC) will decidedly not be a speculative asset like bitcoin or stablecoins, and will not need a currency basket for backing, Changchun affirmed. дальше »
2019-12-23 10:21 | |
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Bitcoin Highlighted as Fed Continues Pumping Liquidity Into Economy
In spite of news that the economy appears stable, the Federal Reserve Bank of New York (Fed) had continued injecting liquidity into the market. The most recent action involved an almost $58 billion repurchase (repo) agreement. дальше »
2019-12-23 21:20 | |
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The ECB is the latest central bank to discuss issuing a CBDC
The President of the European Central Bank, Christine Lagarde, says the ECB needs to stay ahead of the curve when it comes to digital currencies. Will the European Central Bank be the first to deploy a central bank digital currency? дальше »
2019-12-22 14:05 | |
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Here's what happens with Govt-seized bitcoins and cryptocurrencies
Unlike traditional fiat and bank accounts, cryptocurrencies provide privacy and censorship-resistance to a certain extent. But the fact that there have been many instances when cryptocurrencies were cThe post Here's what happens with Govt-seized bitcoins and cryptocurrencies appeared first on AMBCrypto. дальше »
2019-12-21 19:30 | |
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Bahrain crypto exchange, Rain, gets license to accept local currencies
The Bahrain-based crypto exchange, ‘Rain' announced recently on Twitter that they had received a license from the Central Bank of Bahrain. This will allow the exchange to accept local currencies in The post Bahrain crypto exchange, Rain, gets license to accept local currencies appeared first on AMBCrypto. дальше »
2019-12-21 16:03 | |
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The Fed’s Repo Problems are Only Beginning as the Biggest Bubble in History Looks Ready to Pop
The Fed's repo problems shed light on where the real dollar-liquidity crisis is brewing: Europe. Deutsche Bank is at the center of the storm. The post The Fed’s Repo Problems are Only Beginning as the Biggest Bubble in History Looks Ready to Pop appeared first on CCN.com дальше »
2019-12-21 16:00 | |
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ECB's digital Euro gives 'dystopian' vibes despite prioritising privacy
With China kicking off the race to build a central bank digital currency [CBDC] western rivals are joining in the race. Earlier in the week, the European Central Bank [ECB] released a report on the toThe post ECB's digital Euro gives 'dystopian' vibes despite prioritising privacy appeared first on AMBCrypto. дальше »
2019-12-21 15:30 | |
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A Decade of Quantitative Easing Has Paved the Way for the Age of Digital Currency
Ten years of central bank quantitative easing have fostered big distortions in the global financial system, setting it up for a major architectural shift. дальше »
2019-12-21 22:00 | |
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ECB Pres: Facebook’s Social Media Data Dominance Mixed With Libra’s Stablecoin Could Create Issues
Christine Lagarde, the newly named European Central Bank’s (ECB) president, said she’s concerned Facebook is going to use its social media platform for promoting the Libra and eliminating any competition. дальше »
2019-12-21 21:49 | |
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The Central Bank Business Model Is Under Attack
Libra spurred central banks into action on digital currency projects this year. дальше »
2019-12-21 18:30 | |
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Why Bitcoin Is The Answer To Central Bank Monetary Madness
Bitcoin is many things to many people, for some it is a way to make a quick buck day trading, for others a hedge against political and economic adversity and a failing banking system. Regardless of its price fluctuations, BTC does something banks never can, it empowers the people that hold it. дальше »
2019-12-20 10:00 | |
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European Central Bank’s CBDC Borrows Bitcoin’s Pseudo-Anonymity
On December 17, the European Central Bank (ECB) published a report that showcased its blockchain technology proof-of-concept. One particular feature the central bank digital chain holds is the ability to issue “anonymity vouchers. дальше »
2019-12-20 06:00 | |
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US Banking System Suffers Outage: Crypto Fans Cheer
The U. S. Automated Clearing House system experienced an outage on Dec. 18 between 3 P. M. and 7 A. M. of the next day. Since the system handles the majority of domestic bank transfers, some in the crypto community were quick to point out that Bitcoin does not suffer outages. дальше »
2019-12-20 01:05 | |
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Smoking Gun: Dutch central bank caught overreaching in local crypto businesses
The upcoming fifth Anti-Money Laundering Directive (AMLD5) within the European Union (EU) has already spelled the end for smaller crypto firms on the continent. In the latest, however, a secret memo between the Dutch Central Bank and the Minister of Finance indicates that crypto companies in Holland may face additional rules that go beyond what […] The post Smoking Gun: Dutch central bank caught overreaching in local crypto businesses appeared first on CryptoSlate. дальше »
2019-12-19 12:00 | |
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Bailouts From Asia to the EU Signal Recession and Potential Crypto Opportunity
China’s Hengfeng Bank is set to get a $14. 2 billion bailout from both Chinese government and foreign investors. An emergency decree has been approved to bail out southern Italy’s biggest lender, Banca Popular di Bari. дальше »
2019-12-19 10:33 | |
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Australia Probes Big Four Bank Accused of 23 Million Money Laundering Breaches
With stricter new regulations on the horizon for the crypto space around the world, Australians have found that it’s actually their traditional financial institutions that have been breaching well-established anti-money laundering rules and other industry standards this year. дальше »
2019-12-19 01:45 | |
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10 Things to Watch for in Crypto in 2020
The halving. Central bank currencies. Telegram vs the SEC. There's lots to look forward to in 2020. CoinDesk's research team previews. дальше »
2019-12-19 20:00 | |
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10 Events to Look Out for in 2020
The halving. Central bank currencies. Telegram vs the SEC. There's lots to look forward to in 2020. CoinDesk's research team previews. дальше »
2019-12-18 20:00 | |
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Everex blockchain-powered money transfer app launches for the UK
Everex, a blockchain-powered payment network and wallet application, announced today it has launched its services for the United Kingdom. British users with bank accounts in the UK, can now: Send money to and from Thailand and Myanmar and other supported countries using newly added GBC (GBP-based) token, with the total process usually taking only a […] CryptoNinjas: Everex blockchain-powered money transfer app launches for the UK дальше »
2019-12-18 16:43 | |
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A Better Alternative to Banking – Club Swan
The crypto community has had a rough relationship with traditional financial institutions with limited solutions available. Around the world, both early and recent crypto users have had bank accounts closed, transactions rejected, unnecessary delays in receiving their funds, or worse. дальше »
2019-12-18 13:30 | |
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ECB Builds a Proof of Concept using Corda to Explore Anonymity in CBDC
European Central Bank (ECB) is now exploring anonymity in central bank digital currencies that would safeguard the privacy of those users who conduct low-value transactions but ensure high-value transfers are subject to anti-money laundering (AML) checks. дальше »
2019-12-17 21:43 | |
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Deutsche Bank says crypto could replace cash by 2030
A new report by Germany’s largest lender, Deutsche Bank, suggests that blockchain-powered digital currencies could replace cash payments within the next decade. The report says that fiat currency as we know it today may soon give way to new alternatives. дальше »
2019-12-17 14:05 | |
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Sweden’s Central bank Partners With Accenture to Launch E-Krona
The Swedish central bank announced that Accenture, an Irish-domiciled multinational professional services company, will be its technology partner to create a pilot platform for a central bank digital currency (CBDC) known as the e-krona. дальше »
2019-12-17 12:00 | |
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New Zealand BANK ASB Participates In $1.7 Million Seed Funding Round For Startup TradeWindow
The New Zealand Bank ASB participated in a $1. 7 million seed funding round for a blockchain company called TradeWindow. The information was released on Monday by TradeWindow in a press release in which they informed that they are also planning a commercial launch in the near future. дальше »
2019-12-17 23:26 | |
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Cash Is Still the Top Choice for Bank of Canada Governor, Leaving Crypto in the Dark
The cryptocurrency industry is over a decade old, and there are many countries that have slowly adopted regulations to support its innovation. Despite having a crypto-friendly atmosphere in nearby regions, Governor Stephen S. дальше »
2019-12-16 22:28 | |
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IMF Cautiously Approves Central Bank Digital Currencies
The IMF has recently recommended to central banks worldwide to explore the introduction of Central Bank Digital Currencies, but to proceed with caution. CBDC Could Prove Useful to Central Banks In its most recent weekly blog post, the IMF has suggested that CBDC have a number of benefits. дальше »
2019-12-17 19:47 | |
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Bitcoin Hedge Narrative Strengthens as Fed Plans More Fiat Injection
Bitcoin can still be a hedge against failing fiat. This is especially true in the face of the latest fiat injection plans put forward by the Fed. FED to Inject Double Crypto Market Cap by Year-End The US central bank is ramping up is repo operation efforts with billions more planned to enter the financial system before the end of the year. дальше »
2019-12-17 19:34 | |
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Bank of Canada Governor Still Backs Cash Over Crypto
During the presentation, given to The Empire Club of Canada, Governor of the Bank of Canada, Stephen S. Poloz laid out some interesting reasons why he believes cash is better than crypto. Modernising Canada’s Ageing Payments Systems Poloz spoke about the role of technology in affecting how Canadians made payments. дальше »
2019-12-16 18:57 | |
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Regulatory Roundup: Crypto ‘Inevitable’ in India, China Rankings, NY Streamlines Policy
In this regulatory roundup, we cover a positive crypto story in India, China’s year-end rankings, and the European Central Bank entering the stablecoin race. We also cover the New York regulator’s proposed Bitlicense revision — the first in five years — and several other notable regulatory developments in the crypto space. дальше »
2019-12-16 18:20 | |
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