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Bank of International Settlements Chief Says Cryptocurrencies Being Used to Evade Laws- Advocates for More Regulation
26.3.2021
Agustin Carstens, the general manager at the Bank of International Settlements (BIS), has claimed that cryptocurrencies are “used to evade laws and should therefore face more regulation.” Carstens, who has attacked bitcoin in the past, suggests that many crypto assets are “used...
China’s digital yuan os backup to AliPay and WeChat Pay, says official
26.3.2021
Alibaba’s Alipay and Tencent’s WeChat Pay reportedly account for 98% of the mobile payment market in China
RBI Governor Says Government and Central Bank Agree on Cryptocurrency Approach
26.3.2021
RBI Governor Shaktikanta Das says that there is no difference of opinion between the Reserve Bank of India (RBI) and the finance ministry on cryptocurrencies. While the finance minister said that the government will not shut off all options and will take a calibrated position regarding crypto...
Jamaica's central bank taps Irish tech outfit for CBDC project
26.3.2021
The Bank of Jamaica has partnered with an Ireland-based tech firm for its central bank digital currency project scheduled to begin in May
Jamaica Plans to Pilot a Central Bank Crypto, CBDC to Work Alongside Notes and Coinage
26.3.2021
While a number of countries are working on central bank digital currencies (CBDCs), on Tuesday, the Bank of Jamaica (BoJ) announced it will soon be piloting a CBDC project. The BoJ is working with a firm called Ecurrency Mint Incorporated and plans to pilot the cryptocurrency in May. Jamaican CBDC...
Avanti Financial raises $37 million to launch institutional crypto bank
26.3.2021
The digital asset bank will be aimed at institutional investors only, and there is no exchange planned
Major South Korean Bank BNK Busan Plans to Offer Banking Services to Domestic Crypto Exchanges
26.3.2021
The South Korean crypto frenzy among the banking industry remains on fire, as another major bank is treading waters to offer banking services for crypto exchanges. The BNK Busan Bank launched a program that consists of visiting competitors’ banks that already offer it. BNK Busan Is Visting...
Bank of America report extols the virtues of HODLing
25.3.2021
New research from the multinational investment bank confirms what many of us knew all along: Investors should never try to time the market
European Central Bank tries to quell Germans' doubts about digital euro
25.3.2021
A future digital euro wouldn't be a threat to savers, say officials from the European Central Bank
Banning Bitcoin is like rejecting the US dollar, entrepreneur warns India
25.3.2021
Rejecting crypto as a reserve currency will lead to an Indian currency devaluation of the worst kind, warns blockchain entrepreneur Raj Chowdry
German federal bank runs successful blockchain system without a CBDC
24.3.2021
Executives at the Deutsche Bundesbank are eager to launch a blockchain-based system without the need for a CBDC — and they just might succeed
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
[aktualita] Bankovní identitu spustila i Komerční banka, službu už poskytuje celkem pět bank
24.3.2021
Napodruhé se povedlo. Komerční banka oznámila, že spustila služby bankovní identity (BankID). První pokus začátkem března musela banka přerušit kvůli bezpečnostnímu incidentu. Komerční banka je tak v pořadí pátým tuzemským bankovním domem, který přihlášení ke službám e-governmentu údaji...
Digital Yuan Won’t Be Fully Anonymous but Offers ‘Controllable’ Privacy Protection, Says Official
24.3.2021
Privacy has been a discussion that has not gone unnoticed when it comes to the forthcoming launch of the digital yuan. The head of the People’s Bank of China-run Digital Currency Research Institute had firmly pointed out that anonymity cannot be guaranteed at all. Feature Seeks to Avoid...
The Turkish Lira Plunges Following Removal of a Central Bank Governor, BTC Searches up
23.3.2021
The Turkish lira currency plunged by more than 10% on March 22 after the country’s President Recep Tayyip Erdogan unexpectedly fired Naci Agbal, the country’s central bank governor. Having initially touched a new low of 8.280 a dollar, the lira recovered to close at 7.75 a dollar...
Amid ban rumors, billionaire Nandan Nilekani says crypto can help Indians
23.3.2021
Co-founder of major Indian tech company Infosys Nandan Nilekani has urged the government to help MSMEs access capital using Bitcoin
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...
China’s digital yuan will offer best privacy protection, says official
22.3.2021
The People’s Bank of China intends to enable anonymous digital yuan transactions of small amounts in order to protect “reasonable” anonymity needs
Deutsche Bank, Visa, Binance, Naver Eye Deal for Bithumb – Report
22.3.2021
Rumors appear to be hotting up as rival players – including the likes of Deutsche Bank, Visa, Binance and the search engine operator Naver – have reportedly held talks about buying minority or controlling stakes (or possibly even taking over) Bithumb, South Korea’s biggest crypto exchange.
As...
Deutsche Bank: Bitcoin Now 3rd Largest Currency, Too Important to Ignore
22.3.2021
Deutsche Bank has published a report stating that bitcoin is too important to ignore, noting that it is now the third-largest currency in terms of the total value in circulation. In addition, the bank says that governments and central banks know that cryptocurrencies are here to stay and...