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Bitcoin price spikes 10% in minutes as Federal Reserve cuts rates to zero

While Bitcoin was born independent of traditional finance, events taking place on Wall Street have become increasingly important to the cryptocurrency. This was proven today when the Federal Reserve made history, cutting its policy interest rate to zero percent, meaning that banks need to pay nothing to borrow money from the American central bank. дальше »

2020-3-16 01:51


BoE Governor: A CBDC Would Need to Be ‘Very Carefully Designed’ to Overcome Challenges

The outgoing Bank of England (UK Central Bank) governor Mark Carney has reiterated his sentiments regarding a Central Bank Digital Currency. This was after the UK Central bank released a dossier touching on the CBDC that is supposed to store value and facilitate payments for both domestic and commercial transactions. The Outgoing Canadian is on […] дальше »

2020-3-13 22:19


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Crypto Exchange Kraken to Double Down on India After Supreme Court Ruling

Kraken, one of the largest and oldest crypto native exchanges, has announced its plans to focus resources on the Indian subcontinent. This move comes just days after the Indian Supreme Court reversed the central bank’s notification from 2018, banning companies that deal with cryptocurrencies from accessing the banking system, March 10, 2020. дальше »

2020-3-10 16:00


Indonesia's nascent crypto-industry gathers steam with newly-registered Zipmex

The world of crypto, while expanding to different countries, hasn't been accepted by all since too many of them are skeptics of the technology. Indonesia's central bank in 2017 did not recognize BitcoThe post Indonesia's nascent crypto-industry gathers steam with newly-registered Zipmex appeared first on AMBCrypto. дальше »

2020-3-10 16:00


Ethereum's Buterin: Digitization is inevitable, with or without blockchain

Central governments across the globe are currently mulling over the need for a central bank digital currency [CBDC]. All thanks to China, for it was the first country to research and accelerate its efThe post Ethereum's Buterin: Digitization is inevitable, with or without blockchain appeared first on AMBCrypto. дальше »

2020-3-5 21:30


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Facebook Plans to Redesign Project Libra Due to Regulatory Hurdles 

Facebook and the Libra Association are making plans to redesign project Libra in a bid to scale the ending regulatory hurdles that have plagued the global crypto project. Sources say the proposed Libra network may function as a payments network, supporting other cryptocurrencies including central bank digital currencies (CBDCs), reports Bloomberg on March 4, 2020. дальше »

2020-3-4 18:00


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Coronavirus Prompts Fed to Slash Interest Rate – Stocks Slide, Gold Spikes, Bitcoin Uncertainty

The U. S. Federal Reserve slashed interest rates by 50 bps on Tuesday citing concerns about the coronavirus outbreak against the bleak economy. The last time the central bank slashed rates by leveraging an “emergency rate shift” by half a percentage point was after Lehman Brothers filed for bankruptcy in 2008. дальше »

2020-3-4 16:20


India: Cryptocurrency trading using banks allowed as SC holds RBI circular 'unconstitutional'

The Supreme Court of India on 4 March announced its Judgment in the 'Crypto v. RBI'case. The apex court has deemed the banking ban levied by the central bank of India as unconstitutional. Crypto KanoThe post India: Cryptocurrency trading using banks allowed as SC holds RBI circular 'unconstitutional' appeared first on AMBCrypto. дальше »

2020-3-4 09:18