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Bank of International Settlements head says cryptos require more regulation
24.3.2021
Agustín Carstens has called for cryptocurrencies to be subject to more regulations while arguing that virtual currencies have not made a significant dent in global finance
Fed Chairman Jerome Powell Says Bitcoin Is a Substitute for Gold
22.3.2021
Federal Reserve Chairman Jerome Powell sees cryptocurrency as a substitute for gold, rather than the dollar. However, he cautioned that crypto assets, including bitcoin, are highly volatile and not useful as a store of value. Fed Chair Sees Bitcoin as a Gold Substitute During a webinar sponsored...
Coinbase Opts out of IPO Routine, Chooses Popular Direct Listing Route
30.1.2021
The San Francisco-based cryptocurrency exchange Coinbase recently announced the company plans to do a direct listing, as opposed to following the initial public offering (IPO) route. The decision means that Coinbase can float its shares on an exchange without hiring a financial institution...
BIS Chief Banker Criticizes Bitcoin as Inherently Risky, Says BTC Vulnerable to 51% Attack
29.1.2021
Bank for International Settlements (BIS) general manager Agustin Carstens has criticized bitcoin saying the asset was inherently risky and “increasingly vulnerable” to a 51% attack. A long time bitcoin (BTC) skeptic, Carstens stressed that only central banks should be issuing digital...
The ‘central bank of central banks’ is building a CBDC settlement platform
22.1.2021
The Bank of International Settlements has outlined plans to embark on a variety of CBDC trials worldwide this year
Turkey to Pilot Digital Currency in 2021, Says Central Bank Governor
26.12.2020
Naci Ağbal's comments would place Turkey on the fast track to central bank digital currency
Tierion to Repay ICO Investors Up to $25M Plus Interest in SEC Settlement
24.12.2020
The SEC order effectively blows up 1 billion TNT tokens
Retail Trading Platforms Pile Into $5M Funding Round for Zero Hash Crypto Settlements Firm
2.9.2020
Three trading platforms focused on the retail market have participated in the $4.75 million Series C for a crypto settlement service
Russia and China De-dollarization Approaching ‘Breakthrough Moment’
20.8.2020
China and Russia are collaborating to reduce their dependence on the U.S. dollar. Trade settlements in USD between the two countries have fallen below 50% for the first time. De-dollarization in Russia and China The dollar’s share of trade between Russia and China was only 46% of settlements...
Bitstamp Backs BCB’s SWIFT Alternative for Instant Cash-Crypto Settlements
27.7.2020
BCB Group is launching an instant settlement network for cash and crypto
Bank for International Settlements Calls CBDCs a Potential ‘Sea Change’
24.6.2020
The leading global central bank institution has published new research on central bank digital currencies, noting a major shift in their direction thanks to Libra as well as COVID-19
Seed CX Shuts its Exchange to Focus on Settlements
12.6.2020
U.S.-based crypto exchange Seed CX has announced it is shutting down to focus on its settlement infrastructure
Seed CX to Close Exchange, Focus on Settlements in Company Shift
12.6.2020
Crypto derivatives platform Seed CX will be axing its exchange arm to focus solely on settlements, while also teasing additional funding from Bain Capital
Ripple Settlements Are Coming to Japanese ATMs
17.5.2020
SBI wants to use Ripple-powered settlement to make it easier for Japanese consumers to access funds regardless of banking affiliation
Report: Top Blockchain Use Cases Are in Payments, Security and Settlements
19.3.2020
A new report has indicated the major benefits of blockchain and DLT, according to financial institutions using the tech
New Leaders at Bank for International Settlements Fintech and DLT Research Centers
19.2.2020
New leadership named at Bank for International Settlement research centers focused on digital currencies and DLT
China’s DCEP Unlikely to Impact Crypto Markets in the Long-term, eToro Analyst Says
17.2.2020
China is taking a great leap forward to develop a central bank digital currency, with more than 80 patents filed by the People’s Bank last week
6 Central Banks Form Digital Currency Use Case Working Group
21.1.2020
The working group will pool research into CBDCs
Bank for International Settlements Exec Shows New Fondness for CBDCs
6.12.2019
A long-skeptical exec at the Bank for International Settlements now says that CBDCs could open up new possibilities
French Central Banker Advocates For Blockchain-Based Settlements in Europe
25.11.2019
The central bank of France wants the eurozone to build a DLT-based settlement system that moves euros faster and more cheaply than existing tech