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Brazil Central Bank Adopts IMF Guidelines for Crypto Classification

26.8.2019
The Central Bank of Brazil has adopted IMF guidelines for classifying cryptocurrencies

Estonia Grants Crypto Trading and Custody License to WEG Bank

26.8.2019
German bank WEG Bank is now licensed to trade and hold cryptocurrency for clients in Estonia

Governor of Bank of England Proposes a New Digital Currency

25.8.2019
In an important announcement which could possibly have a far-reaching impact on the cryptocurrency sphere, Mark Carney, governor of Bank of England has opined that reliance of the world on the US dollar as a primary Fiat currency is not a good indicator and could possibly spell trouble for...

Initiative to Curtail Negative Interest Rates Gains Traction in Germany

24.8.2019
Negative interest rates, a common occurrence in Europe these days, are unpleasant for both banks and clients. And financial institutions have been increasingly transferring the bulk of the burden on to their customers. Some political factions in Germany, however, aren’t happy with the trend...

UK Central Bank Governor Sees Digital Currency Displacing US Dollar as Global Reserve

23.8.2019
BOE governor Mark Carney called on Friday for the creation of a wholly digital alternative to the U.S. dollar

Coinberry Says that Accepting Bitcoin as Payment for Taxes is six times Cheaper than Bank Card Payments

23.8.2019
Toronto-based Crytpo currency exchange, Coinberry’s co-founder, Evan Kuhn, expressed that accepting BTC (Bitcoin) for taxes is more effective than utilizing bank card payments. A recent report from real estate news outlet Mansion Global, Kuhn said his organization takes much lower charges than...

The Push to Kill Cash – Australia’s Proposed Ban Shows It’s Not Conspiracy Theory

23.8.2019
The supposed coordination of governments and tech companies to create a one-world, cashless society is often viewed as little more than fodder for silly Youtube conspiracy videos. After all, cash is still king in daily life, even in extremely high-tech, innovative societies like Japan. Upon closer...

The New Bitcoin Banks Are Here

23.8.2019
A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion. Announcements...

Report: Rwandan Central Bank Looks to Issue Official Digital Currency

23.8.2019
The National Bank of Rwanda is looking into prospects for launching an official digital currency

Rwanda’s Central Bank Is Researching a Possible Digital Currency Launch

22.8.2019
The National Bank of Rwanda (NBR) is looking at other countries, specifically Canada, the Netherlands, and Singapore’s central bank digital currency research

Smokescreens and Mirrors: How Does a Country Do an ICO? They Call It QE

22.8.2019
Financial regulators all around the world have been cracking down hard on ICOs for promising more than they can deliver. At the same time governments and central banks are pulling off far worse scams, such as QE, wiping out the savings of everyone that depends on them. To hide this fact they...

Major Swedish Bank Orders Negative Interest Rate on Euro Deposits

22.8.2019
Sub-zero interest rates have become the norm in some countries, especially in Europe. Nordic nations such as Sweden and Denmark have been in negative territory for a while and a growing number of banks in the region are now charging depositors for keeping their money. Saving in fiat right...

Samsung-Backed Blockchain Startup Raises $7.5M from Shinhan Bank

22.8.2019
Samsung-backed blockchain startup Blockco raised $7.5 million in a funding round from the likes of Shinhan Bank and KEB Hana

Swiss Private Bank Says 400 New Clients Demanding Crypto Products

22.8.2019
Swiss private bank Maerki Baumann is inundated with new clients interested in its crypto plans

The World Bank’s Blockchain Bond Is Just a Fancy Way of Selling Debt

21.8.2019
Last year the World Bank and the Commonwealth Bank of Australia announced a permissioned Ethereum-based blockchain to facilitate the end-to-end issuance of bonds between financial partners. The Bretton Woods-created financial institution hopes to make debt capital markets far more efficient with...

Tether to Issue Stablecoin Backed by Chinese Yuan in Belgian Bank: Insider

21.8.2019
Tether is planning to issue a new stablecoin backed by Chiense yuan held in a bank in Belgium, says Bitfinex shareholder Zhao Dong

Indian Supreme Court Orders RBI to Answer Crypto Exchanges, New Date Set

21.8.2019
After hearing the arguments against the banking restriction by the Reserve Bank of India (RBI) in detail, the Indian supreme court directed the central bank to reply to the representations filed by crypto exchanges. Since the RBI has not adequately answered them, the court set a new date to resume...