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EU Finance Ministers Place Defacto Ban on Libra
6.12.2019
Libra’s ongoing organizational snags and run-ins with regulators continue into December, as EU finance ministers agreed Thursday that Libra cannot be launched in the EU until concerns are adequately addressed. The finance ministers issued a joint statement citing regulatory “challenges...
Australia’s Minister Admonish Against the Misuse of Cryptocurrency in Terrorism
7.11.2019
The blockchain technology is seeing its days of glory because of its open to all ledger structure that transcends borders and renders many traditional financial schools either obsolete or has flipped them upside down. Technology has found its expression through cryptocurrency, the internet...
Australian Home Affairs Minister Says Terrorists Use Crypto to Obfuscate Crimes
7.11.2019
The Australian Minister of Home Affairs warned that terrorists are exploiting cryptocurrencies to “fund their deadly missions”
India’s Defense Minister Touts Blockchain, AI Role in Warfare
4.11.2019
India's defense minister Rajnath Singh highlighted the potential use of blockchain technology in the defense industry on Monday
Blockchain and AI Have ‘Revolutionized’ War — India Defence Minister
4.11.2019
India bets on blockchain role in warfare
State Bank of India Chief Argues Crypto Regulation Is a Must
25.10.2019
The chairman of the State Bank of India (SBI) has spoken in favor of cryptocurrency regulation in an interview. He believes that it is necessary to regulate cryptocurrencies. Last week, the chairman attended IMF meetings in Washington, D.C., with Finance Minister Nirmala Sitharaman. Also read:...
Bank Crisis Spreads in India – Deaths, Strike, Supreme Court Denial
23.10.2019
The Indian banking sector is facing multiple challenges. Customers of several cooperative banks are still struggling to withdraw their money, and deaths have been reported in connection with withdrawal restrictions. Meanwhile, some 300,000 state-run bank employees are on strike against what...
Cashaa Launches Banking Solution for Indian Crypto Owners
22.10.2019
Banking services platform Cashaa is offering a solution for Indian crypto owners facing banking restrictions imposed by the country’s central bank, the Reserve Bank of India (RBI). The service allows users to deposit up to 1 crore rupees (~$141,012) per month to purchase cryptocurrencies....
Indian Finance Minister Answers Crypto Questions at IMF Meeting
21.10.2019
At an IMF and World Bank meeting, Indian Finance Minister Nirmala Sitharaman talked about cryptocurrency and stablecoins when asked about Facebook’s Libra digital currency project. RBI Governor Shaktikanta Das also addressed the subject at the conference. Also read: Indian Supreme Court...
Minister Says India, Like Other Nations, Extremely Cautious on Libra
21.10.2019
India’s finance minister says many countries are cautioning against rushing ahead with Libra
‘No-Deal Brexit Huge Positive for UK Cryptocurrency’ – How Brexit Could Affect the Industry
20.10.2019
British lawmakers have voted to postpone a crucial Brexit vote and forced Prime Minister Boris Johnson to ask the EU for an extension. News.Bitcoin.com talked to the CEO of a local crypto exchange to find out the effects a no-deal Brexit could have on the crypto industry. Also read: SEC Wants...
German Minister Doubles Down on Statements Against Facebook’s Libra
18.10.2019
German Federal Minister of Finance Olaf Scholz has again stated that policymakers should prevent the issuance of Facebook’s Libra stablecoin
French Finance Minister Warns He ‘Cannot Countenance’ Facebook’s Libra
17.10.2019
France: government minister attacks Facebook’s Libra once again
Major German Coop Bank Passes Negative Interest Rates to Customers
9.10.2019
One of Germany’s largest cooperative banks has begun charging its retail customers a negative interest rate. Other major banks could follow suit since the European Central Bank cut the deposit rate to a record low. Deutsche Bank recently said that it needs to be “much more robust about...
Cryptocurrency Donations to Politicians Legal In Japan Says Internal Affairs Minister
8.10.2019
Crypto donations are legal and do not need to be approved for political donations like cash or securities
EU Finance Commissioner Vows New Rules on Crypto, Libra Stablecoin
8.10.2019
EU's financial services commissioner Valdis Dombrovskis intends to create a new regulations for crypto, particularly Facebook’s Libra stablecoin
German Finance Minister Supports Digital Euro, But ‘Very Critical’ of Libra
7.10.2019
Speaking on a possible e-euro, minister Olaf Scholz said Germany "should not leave the field to China, Russia, the U.S. or any private providers."
‘Very, Very Skeptical:’ German Finance Minister Opposes Facebook’s Libra
7.10.2019
More battles for Libra as German minister rejects its launch
German Finance Minister Says Gov’t Must Reject Facebook's Libra Coin
18.9.2019
German must reject “parallel currencies” like Facebook’s Libra Coin, says German finance minister
At Least 19 Central Banks Give Way to Monetary Easing As Economy Slows
16.9.2019
In a coordinated fashion, more than 18 central banks worldwide have or plan to cut interest rates, sparking a domino effect of monetary easing. It’s been 10 years since the world has seen central planners orchestrate such harmonization in an attempt to save the economy from a deep recession....