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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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SEC to Gather Blockchain Data For Major Cryptos
The Securities and Exchanges Commission is looking for a blockchain analysis firm to provide readable crypto data according to a new tender notice. It says: “The U. S. Securities and Exchange. дальше »
2019-2-2 17:07 | |
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Bitcoin (BTC) is Money: Wyoming Passes Bill to Recognize Cryptocurrency
Bitcoin (BTC), Cryptocurrency–In the midst of an uneventful week for cryptocurrency, with coin prices still hovering at their lowest point for the new year, the state of Wyoming is nearing the transition period to officially recognizing cryptocurrency as a legal form of tender. дальше »
2019-2-2 23:41 | |
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Florida Appeals Court Defines Bitcoin as Money as Espinoza Ruling Reversed
In 2016, Judge Teresa Mary Pooler of the Eleventh Judicial Circuit of Florida made headlines for a ruling she made during the Michell Espinoza trial. Judge Pooler ruled Espinoza could not be charged with illegal money transmission offenses because bitcoin was not considered legal tender. дальше »
2019-1-31 17:55 | |
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Swiss Wallet Manufacturer Tangem to Issue National Crypto for Marshall Islands
CoinSpeaker Swiss Wallet Manufacturer Tangem to Issue National Crypto for Marshall Islands The physical banknotes of the Sovereign, the world's first decentralized digital national currency, will join the U. дальше »
2019-1-30 09:51 | |
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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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Singapore Doubles Down, Insists that Crypto Isn’t Legal Tender
The Singaporean government has declared that cryptocurrencies aren’t legal tender and has cautioned business owners against accepting it, just as JK Jewellery has announced that crypto would be accepted in their stores. дальше »
2019-1-25 02:00 | |
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Ministry Of Law In Singapore Says Cryptocurrency Is Not Legal Tender, Warning Companies Accepting Bitcoin Payments
Singapore Law Ministry Announces The Cryptocurrency Is Not Considered Legal Tender, Warning Companies Not To Accept As Payment Cryptocurrencies have been working to find their place in various jurisdictions as countries around the world categorize them for tax purposes, payments, and more. дальше »
2019-1-24 22:08 | |
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Ghana’s Regulatory Agency Could License Cryptocurrencies and Make Bitcoin a Legal Tender
Although there are several regulatory agencies around the world trying to regulate the cryptocurrency market, there are others that want to make cryptocurrencies legal tender. Ghana’s Securities and Exchange Commission (SEC) is considering licensing digital assets in the country. дальше »
2019-1-23 20:34 | |
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Elections Canada Consults With Political Parties on Crypto Donations
According to Elections Canada, the agency that runs federal elections in Canada, there has been “a growing interest” in cryptocurrency donations. This trend has prompted some political parties to ask for a ruling on how best to manage bitcoin and other cryptocurrency political donations and how to navigate the various reporting systems required by both Elections Canada and the parties so that they comply with the Canada Elections Act. дальше »
2019-1-24 20:28 | |
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The Marshall Islands is Getting Serious About Its SOV Cryptocurrency
A usual reaction when looking for innovation centers is to turn to Silicon Valley, Tokyo, or New York. Yet, when it comes to cryptocurrency adoption, time and again, we’re seeing the smaller countries pick up the torch. дальше »
2019-1-15 20:00 | |
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Marshall Islands announces blockchain expert to assist with issuance of cryptocurrency SOV
CryptoNinjas The Republic of the Marshall Islands today announced that blockchain expert Steve Tendon is advising and assisting the country with the drafting, design, and issuance of SOV, the digital legal tender of the Marshall Islands,. дальше »
2019-1-11 03:34 | |
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Japan places cryptocurrencies into new category called “crypto-assets” to prevent confusion with legal tender
The Japanese Financial Services Agency (FSA) has placed cryptocurrencies into a new legal category called “crypto-assets,” according to English-language local media The Japan News. By classifying cryptocurrencies this way, the government reportedly “hopes that traders will no longer purchase them believing that they are legal tender recognized by the government.” The FSA advisory panel compiled […] дальше »
2018-12-18 20:51 | |
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The Daily: Japan Calls All Coins ‘Crypto Assets’, Russia Defines Cryptocurrency as Property
The Financial Services Agency of Japan has resolved to refer to cryptocurrencies as “crypto assets” in order to prevent confusion with legal tender. Also in The Daily, the Justice Ministry in Moscow has confirmed that it classifies digital coins as “other property. дальше »
2018-12-15 17:15 | |
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National Cryptocurrencies Enabled with Platin
Considering the significant benefits that can come with using cryptocurrencies, it shouldn’t be surprising that governments around the world want a piece of the pie. While there have been some reservations from policymakers regarding digital currency, an increasing number of countries are exploring the development of national cryptocurrencies to supplement their current legal tender. дальше »
2018-12-6 02:00 | |
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Bilbao, Spain Launches $150,000 Euro Tender for the Public Blockchain Development
The largest city in Northern Spain, Bilbao, has decided to launch a $150,000 EUR tender for the development of a blockchain technology that could be used in public services in the country. The announcement was made this week in an effort to decentralize the country. дальше »
2018-11-17 08:21 | |
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Zambia Central Bank Declares Bitcoin Not Legal Tender, Jails Multiple Crypto Investment Scheme Bad Actors
Three Directors Of Zambia’s Heritage Coin Resources Limited Accused Of Laundering $2. 4 Million Arrested Zambia’s Drug Enforcement Commission (DEC) has apprehended three directors of the Heritage Coin Resources Limited in an alleged offence of laundering more than k28,000,000, which is approximately $2. дальше »
2018-11-12 20:42 | |
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Nigeria’s Blockchain Businesses Request Central Bank Of Nigeria (CBN) For New Crypto Guidelines
Central Bank of Nigeria (CBN), which doesn’t recognize cryptos as legal tender are getting requests from the country’s Fintech startups to provide legal guidelines for the cryptocurrency and blockchain industry. дальше »
2018-11-12 08:00 | |
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Marshalls President to Face No-Confidence Motion for Creating a Sovereign Crypto Currency Criticized by the IMF and the U.S Government
Marshall Islands President Hilda Heine’s plans to create a cryptocurrency that would function as a legal tender could be frustrated by the efforts of eight senators from the country who joined together to present a no-confidence motion after the IMF, and the United States expressed their disagreement. дальше »
2018-11-8 18:10 | |
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China's Central Bank Wants to Put the Damper Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-5 22:04 | |
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China's Central Bank Wants to Put the Damper on Airdrops: Report
The People's Bank of China (PBoC), China's central bank, has its eyes on cryptocurrency companies that run airdrop campaigns in the country. In its most recent financial stability report for 2018, which was published on Friday, November 3, 2018, the bank said there has been a surge in the number of "disguised" Initial Coin Offerings (ICO), including the free distribution of crypto tokens through airdrops, despite its effort to clamp down on their activities. дальше »
2018-11-7 22:04 | |
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Petro Cryptocurrency Is Legally Recognized As Valid Tender By Venezuela Supreme Court
Venezuela has been working hard to establish itself as the first country to launch a national cryptocurrency – the Petro. The government announced that the cryptocurrency is to mitigate issues associated with traditional fiat currency. дальше »
2018-11-4 14:36 | |
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Venezuela’s Supreme Court of Justice Recognized Petro Cryptocurrency as Legal Tender
Venezuela is determined to become the first Latin American crypto nation, and after several delays, its government finally announced the launch of the Petro as a cryptocurrency created to counteract several of the problems associated with the issuance of traditional fiat money. дальше »
2018-11-3 18:55 | |
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How Bitcoin AND Stablecoins Can Dominate the Future of Cryptocurrency
Cryptocurrency, Stablecoins, Bitcoin (BTC)–As stablecoins, the new industry of cryptocurrency that is focused on price stability, continues to gain traction relative to Bitcoin and the altcoin market, competition is going to mount over the viability of transacting as adoption grows. дальше »
2018-11-3 04:26 | |
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Crypto is Property: Chinese Court Upholds Citizens Rights to Own Bitcoin
The Shenzhen Court of International Arbitration (SCIA) has recently affirmed that cryptocurrencies, specifically bitcoin and several of its hard forks, are considered legal property and Chinese citizens have a right to own and transfer them. дальше »
2018-10-27 19:22 | |
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Japanese Crypto Industry Granted Self-Regulatory Status by Authorities
Japan has always been a pro-cryptocurrency state. It made Bitcoin legal tender when several other countries were still determining the legal status of digital assets. The Financial Services Agency (FSA) of Japan gave the crypto industry self-regulatory status on Wednesday. дальше »
2018-10-26 22:29 | |
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Crypto Exchange Unocoin Co-founder Arrested in India for Setting up Crypto ATM
The cryptocurrency market is not regulated in India, and the Indian government does not consider crypto as a legal tender or investment. The Reserve Bank of India banned all banking channels to crypto entities in April this year. дальше »
2018-10-26 21:29 | |
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Zambian Central Bank Says Bitcoin The Cryptocurrency Will Not Be Accepted As Legal Tender
Bitcoin Will Not Be Accepted As Legal Tender By Zambian Central Bank, Leaving Investors To Fend For Themselves In The Event Of Market Failure According to an announcement on October 12th, cryptocurrencies are not being considered legal tender within the borders of Zambia. дальше »
2018-10-15 18:21 | |
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Zambian Central Bank Declares Bitcoin Is Not Legal Tender
The Zambian central bank said on Oct. 12 that cryptocurrencies like bitcoin core and bitcoin cash aren’t legal tender, cautioning that those transacting in such will have no one to blame in the event of market failure. дальше »
2018-10-14 02:50 | |
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Binance Invests $2.5 Million in Australian Blockchain Travel Startup
Binance has announced a $2. 5 million investment in Australian travel startup TravelbyBit in a move to introduce a blockchain-based, point-of-sale (POS) payment system across major airports around the world. дальше »
2018-10-4 17:50 | |
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How to Buy Cryptocurrency in Japan
Japan has been one of the few countries in the world that has been pro-crypto since day one. The country pronounced Bitcoin as a legal form of payment back in 2016, but until 2017 the country did not have regulations for the market and industry. дальше »
2018-9-19 09:21 | |
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How to buy cryptocurrency in Japan
Japan has been one of the few countries in the world that has been pro-crypto since day one. The country pronounced Bitcoin as a legal form of payment back in 2016, but until 2017 the country did not have regulations for the market and industry. дальше »
2018-9-12 09:21 | |
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IMF Doesn’t Want Crypto To Be Classed As Legal Tender
The IMF (International Monetary Fund) has advised against the Republic of the Marshall Islands’ idea to bring in a digital currency as a second legal tender as well as the US dollar. The Marshall Islands are based in the central Pacific as a remote chain of islands. дальше »
2018-9-11 23:00 | |
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IMF recommends Marshall Islands not to issue national cryptocurrency
The Republic of the Marshall Islands, which planned to issue a digital currency as a legal tender, received a negative recommendation from the International Monetary Fund. The IMF advised to abandon these plans. дальше »
2018-9-12 19:35 | |
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November Will Be The Turning Point For Bitcoin According To Experts
As we all know, Bitcoin is the most advanced and successful cryptocurrency of all time. In 2017 it was estimated that between 2. 9 and 5. 8 million individual users were using a cryptocurrency wallet and most of them were using Bitcoin. дальше »
2018-9-6 16:30 | |
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Hyperbitcoinization: The Path to Total World Demonetization
The term hyperbitcoinization is used to describe a utopian (theoretical) state of the world economy where Bitcoin is accepted as a legal tender worldwide while all fiat currencies have become devalued and replaced by the digital coin. дальше »
2018-8-29 12:38 | |
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Hungary Does Not Consider Cryptocurrency Legal Tender Yet
Hungary is reportedly working on a regulatory framework for cryptocurrencies but doesn’t consider them a legal tender yet. The country’s current legislation imposes steep taxes, making it a fairly unwelcoming territory for cryptocurrency investors. дальше »
2018-8-15 02:00 | |
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Bahamas’ Currency Turns To Crypto To Benefit Its Citizens And Stimulate The Economy
Bahamas’ currency intends to expand into digital money. The Commonwealth of the Bahamas established the Bahamian dollar (BSD) as legal tender in 1966, replacing the British Pound Sterling (GPB). дальше »
2018-8-14 10:35 | |
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6 JPY Exchanges Dominating Japan’s Bitcoin Trading Landscape
Cryptocurrency is a very popular industry in Japan. Ever since the government legalized Bitcoin as legal tender, demand for this speculative asset has not declined by any means. Various exchanges allow people to buy Bitcoin with Japanese yen. дальше »
2018-8-12 16:00 | |
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Brazilian Presidential Candidate Pledges To Legalize Bitcoin (BTC) If Elected
A presidential candidate in Brazil has pledged to legalized cryptocurrency in the country if elected. He revealed this through his Twitter handle on the 7th of August, as he affirmed the local currency of the nation remains the national currency of the country as a legal tender for transactions, but cryptocurrency will obtain the status […] дальше »
2018-8-12 06:40 | |
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Foreign artist reimagines US currency
In terms of design, paper currency in the United States hasn’t changed much in the past hundred years. There have been updates and additional flourishes — not to mention security measures — but overall, it’s essentially the same set of bills circulated since 1913. дальше »
2018-8-11 01:17 | |
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Japan Shows Other Countries How Crypto Regulation Should Be Done
Japan has always been a very interesting country when it comes to cryptocurrency and regulation. It is one of the few companies which has made Bitcoin legal tender. The current approach of self-regulating cryptocurrency is still controversial, but the concept continues to gain a lot of traction regardless. дальше »
2018-8-8 18:00 | |
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3 Examples of Failed Money Laundering Attempts Involving Bitcoin in 2018
Money laundering and Bitcoin have been entwined for quite some time now. Various incidents take place every single year, and the year 2018 hasn’t been any different. Numerous incidents involving Bitcoin and money laundering have taken place in recent months. дальше »
2018-8-7 20:00 | |
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