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South Korean CBDC Researchers: Economy Could Suffer With Issuing Central Bank Digital Currency
Economy Could Suffer From Issuing Central Bank Digital Currency, Says South Korean Researchers Central bank digital currencies (CBDCs) are often created by banks in an effort to offer a comparable solution that is equivalent to fiat currency, though it doesn’t usually require replacing the country’s banknotes and coins. Built entirely on the blockchain, there are […] дальше »
2019-2-7 21:34 | |
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Project PAI Is Betting It Can Use Blockchain to Make AI Available to Everyone
This is a paid-for submitted press release. CCN does not endorse, nor is responsible for any material included below and isn’t responsible for any damages or losses connected with any products or services mentioned in the press release. дальше »
2019-2-7 21:26 | |
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New Korean Report Slams Central Bank Issued Digital Currencies
A report from Bank of Korea (BOK) published this Thursday suggested that the use of central bank issued digital currencies could cause problems in the South Korean financial system. The report claims that the launch of such a currency could push interest rates up and cause a liquidity shortage. дальше »
2019-2-7 18:59 | |
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South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability
South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial stability. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea’s Central Bank Says CBDCs Will Disrupt Financial Stability appeared first on Bitcoin News. дальше »
2019-2-7 16:40 | |
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South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity
South Korea’s central bank has warned that adopting a state-backed cryptocurrency as an official form of legal tender would threaten the country’s financial integrity. In a report, the Bank of Korea (BoK) said such a currency, also known as a central bank digital currency (CBDC), could result in a spike in interest rates and a […] The post South Korea Central Bank Says CBDCs Will Disrupt Financial Integrity appeared first on Bitcoin News. дальше »
2019-2-7 16:40 | |
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Российские фильмы и блокчейн-проект MoviesChain покажут в Берлине
В Германии в рамках 69 Берлинского международного кинофестиваля (Berlin International Film Festival) откроется Европейский кинорынок EFM, на котором будут работать стенд Roskino. Фестиваль пройдет в Берлине с 7 по 15 февраля. дальше »
2019-2-7 14:09 | |
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Ripple Moves 1Bn XRP; Attaching a Mysterious, Yet Powerful Message
Ripple has established itself as one of the most important companies in the field of Blockchain technology, earning respect not only of the community of crypto enthusiasts but also of essential players in the global financial system such as central banks and the SWIFT platform itself, with which it competes directly. дальше »
2019-2-7 12:44 | |
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Mining Bitcoin or the ‘Crypto-Ruble’ Just Another Form of Counterfeiting, Claims Russian Banking Chief
The head of VTB Bank, a major Russian financial institution that sees the government as its majority shareholder, has compared bitcoin mining with counterfeiting. Andrei Kostin, who serves as the president and the chairman of the management board of VTB Bank, said Monday during an event that any person who prints digital money to replace Russian Ruble was counterfeiting the state-backed fiat. дальше »
2019-2-6 10:15 | |
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Wall Street’s about to Bid Farewell to One of its Biggest Bitcoin Bulls
Serial investor and bitcoin advocate Bill Gross has announced his immediate retirement from active bond investment to manage his own funds. Gross who was dubbed the “bond king” for his role in active bond-trading almost 50 years ago, achieved fame and notoriety in equal measure for his investment advice to pick bitcoin over central banks. дальше »
2019-2-6 01:50 | |
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Iran Blockchain Community Welcomes Central Bank’s Stance on Cryptocurrencies
The Iran Blockchain Community, a local NGO dedicated to developing blockchain technology in the country, welcomed the Central Bank’s draft policy on cryptocurrencies as it could help citizens bypass the sanctions imposed by the U. дальше »
2019-2-5 19:00 | |
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Iran releases gold-backed cryptocurrency
Another country that faces a financial crisis due to the US sanctions issues its own national cryptocurrency. A group of Iranian banks presented a PayMon pegged to gold. Islamic revolution in digital Four Iranian banks (Bank Mellat, Bank Melli Iran, Bank Pasargad, and Parsian Bank) presented PayMon cryptocurrency, each coin of which is backed to gold reserves. дальше »
2019-2-8 17:22 | |
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New Tencent Survey Shows Top Economists in China are Torn on Central Bank Digital Currency (CBDCs)
According to a recent survey that was conducted by Tencent’s fintech think tank, top economists in China are divided about Central Bank Digital Currencies (CBDCs) and their effect on the economy. Some of them believe that the effects could be very positive, while others think that they would have a negative influence. According to Jiemian […] дальше »
2019-2-4 21:33 | |
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Crypto Firms Flock to Estonia: Is the Country’s E-Residency Program a Giant Loophole for Money-Laundering?
Estonia’s e-Residency program allows location-independent non-citizens and firms to access services such as banking digitally. Cryptocurrency firms have particularly embraced the program warmly with around 600 of them estimated to be registered there currently. дальше »
2019-2-2 15:30 | |
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Iranian Central Bank Will Consider Expert’s Opinion Before Regulating Cryptos
Iranian Central Bank Will Consider Expert’s Opinion Before Regulating Cryptos The government of Iran is currently writing the drafts of its cryptocurrency regulatory framework and now the Central Bank of Iran has publicly affirmed that it is considering the opinions of experts in the industry before finalizing the draft. This is a very important moment […] дальше »
2019-1-29 21:32 | |
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South Korean Central Bank Of Korea (BOK) Will Not Issue A CBDC Digital Currency Soon
South Korea’s Central Bank Will Not Issue A Digital Currency Soon The Bank of Korea, which acts as the central bank of the Asian country, has recently affirmed that it would not issue a central bank digital currency (CBDC), a popular idea that many banks are considering at the moment. According to the bank, which […] дальше »
2019-1-29 21:20 | |
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It’s Happening! Iran Authorizes National Crypto and Legalizes Bitcoin as UAE and S.Arabia Push On
It’s been a tug of war between cryptocurrencies and the legacy financial system in Iran. Iranians took to crypto early on, and this didn’t go well with the government. It banned the industry as a whole despite pleas from the crypto community. дальше »
2019-1-30 19:13 | |
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Iran: Central Bank Will Consider Expert Input Before Enacting Crypto Regulations
Iran central bank suggests new regulations could enact a partial ban on cryptocurrency
дальше »2019-1-30 19:02 | |
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New Iranian Central Bank Draft Report Suggests Banning Some Crypto Assets from Payments, Bitcoin Included
A new draft report has come to light from the Central Bank of Iran. The report, titled, “Obligations and Rules Regarding Cryptocurrencies,” outlines new regulations for the use of cryptocurrency, which is surprisingly restrictive. дальше »
2019-1-29 17:37 | |
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Saudi Arabia and UAE confirm joint cryptocurrency trial
Saudi Arabia’s and the United Arab Emirates’ (UAB) central banks have teamed up to test a new cryptocurrency. The Saudi Arabian Monetary Authority (SAMA) and the Central Bank of the UAE confirmed the news in a joint statement released today. дальше »
2019-1-29 17:23 | |
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Iran Lifts Bitcoin Ban to Make Way For ‘Crypto-Rial’
Iran has lifted the ban on Bitcoin and cryptocurrency as it takes another step towards its own sovereign cryptocurrency amid talks with foreign nations as potential partners. Iran Unbans Bitcoin, ICOs Today, Iran’s central bank has released an early draft of its cryptocurrency laws, lifting the previous ban on Bitcoin, cryptocurrencies, digital tokens, and ICOs, reports to Al Jazeera. дальше »
2019-1-29 16:00 | |
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S. Korea's Central Bank Says It Won’t Issue a Digital Currency in Near Future
South Korea's central bank says there’s no urgent need to issue a central bank digital currency in the near term, but plans to conduct more research
дальше »2019-1-30 15:06 | |
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Bitcoin (BTC) Halving Hype Mounts As Crypto Bears Draw Blood
Next Block Halving To Drop Bitcoin Inflation Under Central Banks’ Target Although the broader crypto market has undoubtedly struggled in the past 24 hours, two months, and year without a doubt, with prices continually establishing lower lows, hype regarding the impending shift in the issuance rate of Bitcoin (BTC) has remained at all-time highs. дальше »
2019-1-29 07:30 | |
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Iran Could Ban Bitcoin for Payments, Central Bank Report Suggests
The Iranian central bank has drafted a new report outlining cryptocurrency regulations in the country. дальше »
2019-1-29 03:10 | |
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Only half of humanity is online, how do we connect the rest?
Internet connectivity is coming to be regarded worldwide as no less than essential infrastructure, and yet it’s estimated about half of the world’s population today remains unconnected. Connecting the world’s unconnected populations will demand new approaches in business relationships, policy making, and technology solutions. дальше »
2019-1-27 20:00 | |
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Just Because Cryptocurrency Isn’t ‘Legal Tender’ Doesn’t Make It Illegal
Central bank warnings about crypto assets may give the impression that cryptocurrency is illegal, especially since these entities often cite reasons as to why they’re uncomfortable with virtual currencies encroaching on their turf. дальше »
2019-1-26 10:38 | |
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Davos: IMF’s Lagarde Says Fintech Will Shake The System
International Monetary Fund Head, Christine Lagarde, told the World Economic Forum in Davos, “fintech is going to shake the system. ” She also urged against relying on central banks in the next financial crisis, at the CNBC-hosted panel. дальше »
2019-1-26 02:00 | |
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Simon Dixon Reflects on the 10th Anniversary of Bitcoin
With the 10th anniversary of Bitcoin’s launch under the industry’s belt, it’s hard to believe how far the space has traveled in that time. Bitcoin Magazine has asked a number of long-time members of the space to reflect on their experiences, and published author Simon Dixon spoke with us about some of his observations over the years. дальше »
2019-1-26 01:44 | |
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Torrent-Paradise is a New Pirate Bay Alternative Using InterPlanetary File System (IPFS) to Leverage Decentralization
There is a new version of the BitTorrent site, called Torrent-Paradise, that uses a new InterPlanetary File System (IPFS) that provides decentralized torrent searching for users. This idea is similar to how BitTorrent works with the files people downloads without having to use a central host. With this new system, search results can be shared […] дальше »
2019-1-26 23:36 | |
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How Distributed Technology Can Help Regional Currencies
Central governments often prohibit the circulation of regional ‘certificates,’ bills or other forms of money, arguing that these can devolve control over national monetary systems. At the same time, authorities are often unaware of the economic effects of introducing local currencies. дальше »
2019-1-25 18:44 | |
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BitTorrent Speed: Will BTT Token Power the Biggest Blockchain App?
BitTorrent is a pioneer digital platform for a distributed communication protocol, invented by Bram Cohen in 2001. The platform embraces a peer-to-peer protocol, which uses economic incentives to facilitate the delivery of large and highly demanded files within the internet, thus eliminating the need for a trusted central server. The open protocol has been in […] дальше »
2019-1-25 10:00 | |
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Crypto Intervention
The action of intervention often has negative connotations, but sometimes intervention can save lives, as any surgeon will probably tell you. The Bank of International Settlements (BIS) has put out a new research paper that explores the economics of intervention into bitcoin’s blockchain. дальше »
2019-1-24 00:30 | |
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Governmental Overreach in Developing Nations Will Hasten Hyperbitcoinization
For bitcoin idealists, the coming utopia for global finance stars bitcoin dismantling the fiat hegemony, empowering citizens to own their money without central bank mediation, and facilitating borderless trade. дальше »
2019-1-23 15:25 | |
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Do We Really Need A Better Bitcoin?
Numerous crypto enthusiasts firmly believe that the greatest challenge to Bitcoin’s maximalist “victory” – an achievement unimaginable without mass adoption – comes not from the regulatory caprices of various governments or the ill-intentions of central bankers, but rather from competing cryptocurrency protocols. дальше »
2019-1-23 02:11 | |
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Bitcoin Should ‘Depart’ From Proof-of-Work, Says Bank Of International Settlements
Bitcoin figures have dismissed the latest report on cryptocurrencies by the Bank of International Settlements (BIS) after it claimed Bitcoin must stop using its Proof-of-Work algorithm. BIS: Bitcoin Must Drop Proof-of-Work The report, ‘Beyond the doomsday economics of “proof-of-work” in cryptocurrencies,’ was released January 21. дальше »
2019-1-22 18:00 | |
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Ethereum Price Analysis: ETH Bulls Have a Chance Above $135
Latest Ethereum News Often times, and this is well documented, Vitalik and Justin Sun don’t mind having a go at each other. From comments about Justin Sun copy pasting parts of the Tron’s white paper to being a “deity-like” shill master not worth listening to, these influencers light up the space. дальше »
2019-1-22 15:00 | |
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UK Central Bank Adviser: Cryptocurrencies Not a Great Concern
It is pretty obvious why central and commercial banks are not fond of decentralized forms of finance. Giving financial control to the people takes it away from them, along with their fat profits and big banker boss bonuses. дальше »
2019-1-22 10:24 | |
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BIS: Proof Of Work Bitcoin (BTC) Won’t Replace Wall Street
Proof of Work-Enabled Bitcoin Unlikely To Succeed On Monday, the Basel, Switzerland-based Bank of International Settlements (BIS) — the so-called central bank of central banks — released a paper titled “Beyond the doomsday economics of “proof-of-work” in cryptocurrencies. дальше »
2019-1-22 06:00 | |
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UAE And Saudi Arabia To Develop Digital Currency For Cross-Border Payments
The cryptocurrency pilot program will test the potential of a central bank digital currency.
дальше »2019-1-22 21:07 | |
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Major Central Bank Institution BIS: Bitcoin Must Depart From Proof-of-Work
Bitcoin’s problems are only solvable by departing from proof-of-work, according to research conducted by the Bank for International Settlements
дальше »2019-1-22 18:45 | |
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Douglas Country in Central Washington Gets Bullish on Blockchain Technology’s Economic Future
After many issues related to cryptocurrencies that affected central Washington, it seems that officials in Douglas County believe that the technology could bring prosperity to the region. According to a recent report released by The Bulletin, central Washington seems to be thinking about embracing Bitcoin and cryptocurrencies. Back in 2017, Douglas County provided access to […] дальше »
2019-1-21 17:19 | |
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Washington State County Doubles Down on Cryptocurrency After Mining Bust
After the boom, backlash, and (partial) bust of Bitcoin in central Washington, one might expect an aversion to the technology. But instead, one authority wants to capitalize on the resources left in the aftermath, to promote new growth in blockchain. дальше »
2019-1-20 16:00 | |
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