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Ripple: Why Corporations, Banks Love It While Crypto Community Hates It
By CCN: Ripple is arguably the most divisive cryptocurrency. Earlier this year, the company surpassed a 200-customer milestone as financial institutions such as Transpaygo, WorldCom Finance, and Euro Exim Bank signed up for RippleNet. дальше »
2019-5-19 18:39 | |
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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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JPMorgan, Citigroup, & MUFG among 2 others Fined $1.2 Billion for Manipulating 11 Currencies
Swiss bank UBS has been exempted from a fine of 285 million euro since it was the first to alert the regulators of this while Citigroup was hit the hardest with 210. 8 million euro penalty. Citigroup was followed by RBS and JPMorgan with 249. дальше »
2019-5-18 16:24 | |
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Bitcoin No Threat Yet but Crypto ‘Phenomenon’ Needs Monitoring: European Central Bank
By CCN: The European Central Bank (ECB) has found that crypto does not pose risks to financial stability in the Eurozone. The central bank does recommend, however, that European legislatures create a uniform approach to crypto-assets. дальше »
2019-5-19 15:40 | |
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Venezuela and Russia May Switch to Ruble After Trying ‘Petro’ Cryptocurrency
Venezuela and Russia are in talks to switch over to the ruble for trade after trying the ‘El Petro’ cryptocurrency, a UN ambassador has revealed. Venezuela and Russia ‘Currently Trying’ El Petro As Bitcoinist reported last December, Russian officials were introduced to El Petro but stopped short of confirming that it was going to be used. дальше »
2019-5-18 02:00 | |
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Russian Sberbank Demands Client Provide Data on Cryptocurrency Revenue
Russia’s largest bank Sberbank is making a client disclose information about their cryptocurrency revenue and details of their mining farms
дальше »2019-5-18 02:00 | |
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European Central Bank: Crypto Does Not Have Tangible Impact on Real Economy
In a recent report, the European Central bank claimed that crypto has no tangible impact on economic developments and monetary policy
дальше »2019-5-18 23:51 | |
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India: Private sector bank ‘blocks account for cryptocurrency use’; threatens to expunge credit facility
The Indian judiciary and banking elite have made clear their opinion on the use of cryptocurrencies in the past few years. After the central bank came down hard on private banks known to have ties with crypto-centric companies, now these private banks are doing the same to their customers as well. дальше »
2019-5-17 22:08 | |
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OneCoin: We're Totally Not A Scam
OneCoin, whose leaders have been indicted on wire and securities fraud as well as money laundering, took umbrage with a recent report by the Central Bank of Samoa calling the crypto project a "hybrid ponzi-pyramid scheme." дальше »
2019-5-18 19:49 | |
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David Schwartz on Stellar’s downtime, Brian Armstrong on institutional investors and more
Crypto News – 17 May – David Schwartz on Stellar’s downtime, Brian Armstrong on institutional investors and more Don’t forget to follow us for our daily videos#StableCoins #Coinbase #tron #trx #Stellar #RIPPLEARMY @BankXRP #cryptonews #cryptocurrency pic. дальше »
2019-5-17 19:00 | |
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Bitcoin [BTC]: European Central Bank releases paper on cryptocurrencies’ implications for financial stability
European Central Bank, the central bank for Europe and the entity that administers the monetary policy of the EU countries, released an occasional paper titled ‘Crypto-Assets: Implications for financial stability, monetary policy, and payments and market infrastructure. дальше »
2019-5-17 13:15 | |
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World’s Largest Banks Investing $50M in Digital Cash Settlement System
Coinspeaker World’s Largest Banks Investing $50M in Digital Cash Settlement SystemSeveral major banks, including UBS, Banco Santander, HSBC Holdings and Deutsche Bank, are planning to build a blockchain-based settlement system by investing $50M into a joint entity called Fnality. дальше »
2019-5-17 13:04 | |
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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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Powerful Indian Tech Lobby Urges Central Bank to Favor Bitcoin Startups
By CCN: Dominant Indian tech lobby, NASSCOM, is pushing the Reserve Bank of India to be inclusive with cryptocurrencies like bitcoin in its regulatory sandbox to shape the future of the country’s fintech industry. дальше »
2019-5-17 11:01 | |
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Crypto Lobbying Groups Urges Reserve Bank Of India to Reconsider The Bitcoin Ban
India tech industry lobby associations and founders of startups have asked India’s banking regulator to incorporate crypto assets in its suggested regulatory sandbox framework for the fintech industry. дальше »
2019-5-17 02:47 | |
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Ethereum: 376 Whales Control 33% of the Circulating Supply
The entire cryptocurrency market is very excited about the commendable bull run and this has made a lot more people interested in the market as there is a considerable influx of both individual and institutional investment in the market. дальше »
2019-5-17 23:20 | |
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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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Indian Central Bank Being Pushed to Include Crypto in its Regulatory Sandbox
NASSCOM: Including crypto would help RBI develop a better understanding of risks Payments Council of India says crypto should be a part of the sandbox as there is no outright bank Technology industry lobby groups along with startup founders are asking the banking regulator, Reserve bank of India to include cryptocurrency in its proposed regulatory […] дальше »
2019-5-16 20:28 | |
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Bank of America’s CTO claims BOA hasn’t found blockchain use-cases for financial sector; cryptoverse calls bluff
Through a varied mix of good and bad publicity, cryptocurrency today is very close to mainstream acceptance. While the cryptospace has witnessed the recent involvement of several non-financial organizations such as Nike and Jaguar, some industry leaders and government officials have openly discounted cryptos’ utility. дальше »
2019-5-16 17:00 | |
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Технический директор Bank of America: «Мы не нашли применения блокчейну в финансах»
Технический директор Bank of America Кэтрин Бессант заявила, что банк не нашел вариантов использования блокчейна для сектора финансовых услуг, однако при этом она отметила потенциал технологии. «Безусловно, варианты использования технологии в финансовых услугах есть, и нам еще предстоит найти свой. дальше »
2019-5-16 16:00 | |
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World Bank and CBA Trumpeting Success Recording ‘World First’ Blockchain Bond Trading
Coinspeaker World Bank and CBA Trumpeting Success Recording ‘World First’ Blockchain Bond TradingThe World Bank and Commonwealth Bank of Australia (CBA) achieved success in recording secondary market bond trading through blockchain technology. дальше »
2019-5-16 15:34 | |
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Сбербанк оказался успешнее Morgan Stanley
Forbes представил рейтинг крупнейших публичных компаний в мире. На первом месте оказался коммерческий банк ICBC. Второе место отдали финансовому холдингу JPMorgan Chase. Тройку лидеров замкнул банк China Construction Bank. дальше »
2019-5-16 15:08 | |
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Bank of America не нашел применений блокчейну в финансовом секторе
Корпорация Bank of America пока не нашла вариантов использования технологии блокчейн в сфере финансовых услуг, заявила главный технический директор Кэти Бессант в интервью Bloomberg. Одновременно с этим она признала потенциал технологии и заявила, что блокчейн, безусловно, имеет практическое применение. дальше »
2019-5-16 12:54 | |
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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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tap Is About To Transform International Payments As We Know It
Cryptocurrencies are not localized and are also not controlled by any particular bank or financial institution. For travelers who happen to change locations, possibly moving to regions with varying currencies, spending cryptocurrency could become a very convenient transaction model once the proper mechanisms are put in place. дальше »
2019-5-16 10:18 | |
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European Central Bank Policymaker Backs Stablecoins over Bitcoin
European Central Bank policymaker Francois Villeroy de Galhau believes that stablecoins can play an important role in the financial system as they aren’t as volatile as Bitcoin and other cryptocurrencies, reported Bloomberg, May 15, 2019. дальше »
2019-5-16 09:00 | |
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Virtual Currency Verdict Says Bitcoin and Central Bank’s May Not Mix, BTC is the Gold Digital Remix
A Bitcoin Central Bank Is Not Going To Solve Bitcoin’s Problems Tuur Demeester, a recognized cryptocurrency and Bitcoin (BTC) expert, explains why a Bitcoin central bank would not be a good idea for the digital currency and the crypto market. дальше »
2019-5-16 04:17 | |
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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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SFOX Partners M.Y. Safra Bank to Offer Segregated, FDIC-Insured Bank Accounts
Coinspeaker SFOX Partners M. Y. Safra Bank to Offer Segregated, FDIC-Insured Bank AccountsSan Francisco-based cryptocurrency prime brokerage, SFOX, partnered with the century-old New York-based M. дальше »
2019-5-15 12:36 | |
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Why We Should Never Hope For A Central Bank Of Bitcoin
Bitcoin economist, Tuur Demeester, explains why the idea of a ‘Central Bank’ of Bitcoin would create more problems than it would solve. Bitcoin Exchanges Similar To Early US Banking System In the wake of the Binance hack and Bitfinex/Tether debacle, are crypto exchanges becoming ‘too big to bail’? And if so, should we be looking towards a ‘Central Bank Of Bitcoin’ as a solution? Bitcoin economist, Tuur Demeester, explains why he thinks that would Read More The post Why We Should Never Hope For A Central Bank Of Bitcoin appeared first on Bitcoinist.com. дальше »
2019-5-15 10:00 | |
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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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Crypto Trading Firms Will Get Access to FDIC-Insured Deposit Accounts Per SFOX, M.Y. Safra Bank
SFOX has been making efforts to reduce the risks that investors have with their crypto transactions, using its prime dealer platform that has been around for five years. However, in a push to improve that safety, SFOX recently established a partnership between themselves and M. дальше »
2019-5-15 00:20 | |
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$1 Trillion Stock Market Massacre Risks Igniting Global Recession
By CCN: Monday’s devastating stock market massacre wiped a staggering $1 trillion from equities valuations as the U. S. -China relations escalated into a full-blown trade war. American farmers, among the worst hit by the trade war, are saying they feel like “it can’t get worse,” but economists fear a global recession is next. дальше »
2019-5-15 18:07 | |
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Crypto prime dealer SFOX to offer FDIC-insured accounts with M.Y. Safra Bank
CryptoNinjas SFOX, a crypto asset prime dealer and trade platform, announced today a new relationship with M. Y. Safra Bank to provide its traders with access to FDIC-insured deposit accounts to securely hold their funds. дальше »
2019-5-14 18:01 | |
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Australian ‘influencer’ Belle Gibson faked cancer and used profits to trade cryptocurrency
Authorities are investigating an Australian social media influencer‘s bank accounts after she defrauded her followers with fake cancer claims and used the money to trade cryptocurrency. Annabelle “Belle” Gibson has been systematically lying to her followers and using her company’s profits to trade cryptocurrencies, futures, and place sports bets, the Canberra Times reports. дальше »
2019-5-14 12:36 | |
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Digiwills ICO
Digiwills is a service based on a smart contract that aims to ensure that your digital assets are not lost or fall into the wrong hands. Thanks to the blockchain technology, with this innovative service it will be possible to safely leave all your digital assets. дальше »
2019-5-14 03:22 | |
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AsseStream ICO
AssetStream’s vision is to create a sustainable microfinance platform based on blockchain technology. Inspired by the “International Year of Microcredit”— dedicated by the U. N. back in 2005—and Muhammad Yunus, a Bangladeshi social entrepreneur who was awarded the Nobel Peace Prize jointly with the Grameen Bank in 2006 “for their efforts through microcredit to create economic and social development from below”. дальше »
2019-5-14 03:22 | |
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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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