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Israeli Court Rules Bitcoin Is an Asset
22.5.2019
An Israeli court has ruled that bitcoin is an asset, confirming the central bank’s stance. The case involves the country’s tax authority and the founder of a blockchain startup who argues that profits from the sale of cryptocurrency should be tax-free. The court has ruled in favor...
Central Bank of Laos Issues Warning Against Using Cryptocurrency
22.5.2019
Laos’ central bank has warned financial market participants against accepting, buying or selling cryptocurrency
Chinese Central Bank-Led Fintech Research Institute Seeks New Blockchain Talent
21.5.2019
A fintech research institute established by China's central bank has posted several new job openings for blockchain talent
As HSBC Guns for More Market Share, More Tech Jobs To Come Up in China
21.5.2019
HSBC Holdings is one of the largest banking giants in the world and over the course of its history; the bank has always had a strong presence in Asia. However, the lender is not going to rest on its laurels and is looking to further consolidate its presence in the continent by adding as many...
PBoC’s Fintech Research Institute Is Hiring Blockchain Experts
21.5.2019
A research institute under the Chinese central bank has just announced 29 job openings – three of which focus on blockchain-related expertise.
Ripple (XRP) Price Analysis: Cryptos Can Never Replace Banks- European National Bank; What is Next Ripple?
21.5.2019
Ripple’s aim to replace the banking sector has faced resistance by the officials of the Top European bank. The 2019 prediction goes with $1.1. Ripple (XRP) has been a dominant actor in the field of the alliance between the whole banking system and cryptocurrencies. RippleNet tries to become...
New Report By European Central Bank Says That Cryptocurrencies Are Not A Threat To Financial Stability
21.5.2019
Cryptocurrencies have become one of the most talked about topics in recent times, and certainly among the most debated ones. However, regulators across the globe seem to be at war with digital assets, which are often thought of as harmful for economic health. Europe has played more or less...
Dutch Bank ABN AMRO Launches Blockchain Inventory Tracking Platform ‘Forcefield’
20.5.2019
Dutch bank ABN AMRO is launching a blockchain-based inventory tracking platform
Goldman in Talks to Buy European Budget Hotel Chain for 1.9 Billion Euros
20.5.2019
Over the course of the last few decades, Goldman Sachs has firmly established itself as the byword for shrewd investing and remains the gold standard in high finance at a global level. The bank is involved in creating highly sophisticated securities for its clients and remains the world’s most...
CEO of Ripple Equated xCurrent as an Upgrade to SWIFT
20.5.2019
In the recent Swiss National Bank Conference, many of the major players from the banks and financial institutions participated. The theme of the event was around the creation of CBDC’s and their impact on the global economy, and lastly the use of USD as the prominent currency on the global level....
Gujarat Bitcoin Trader Commits Suicide, Blames Senior Cop And Brother In Suicide Note
20.5.2019
India is an emerging nation, which is known to wholeheartedly welcome innovative technology, but that hasn’t been the case with cryptocurrencies. The crypto industry has faced severe blows from regulatory authorities, resulting in unorganized crypto trade in the country. However, the news that came...
Dutch Bank ABN AMRO Abandons Wallie Custodial Bitcoin Wallet Citing Risk Concerns
20.5.2019
Plans to launch a custodial bitcoin wallet dubbed “Wallie” has been abandoned by Dutch bank ABN AMRO because of risk concerns
Cryptocurrencies Pose No Threat to Financial Stability: EU Central Bank
20.5.2019
The European Central Bank has said that cryptocurrencies are currently not a threat to financial stability in the euro zone
My Bank Account Was Frozen for Bitcoin – And It Only Made Me Love Crypto More
19.5.2019
The guy who coined the term "hodl" has a real bitcoin story that only made his interest in the technology stronger
After Trillions Printed Under QE, Politicians Now Say Deficits Don’t Matter
19.5.2019
When quantitative easing (QE) was introduced, it was likened to a drug, with central banks making an emergency injection of money to resuscitate the global economy. Now it seems that some politicians have gotten addicted to this drug, going as far as to claim that government deficits don’t...
European Central Bank: Crypto Does Not Have Tangible Impact on Real Economy
17.5.2019
In a recent report, the European Central bank claimed that crypto has no tangible impact on economic developments and monetary policy
European Union Fines 5 Top Banks 1 Billion Euros for Foreign Exchange Market Rigging
17.5.2019
Over the course of their history, some of the biggest banks in the world have often colluded to rig the different markets in which they operate, and much of that has come out in the open over the past decade or so. The fixing of LIBOR was a case in point, and in a new …
The post European...
Australia Faces The Threat Of Unemployment
16.5.2019
The graph of the unemployment rate in Australia has taken a step higher, which has affected the labor market adversely. This mounting unemployment has boosted the chances of an interest-rate cut. As per the statistics bureau reports, the unemployment rate, which stayed at 5.1% in March,...
Reserve Bank of India Urged to Reconsider Banning Crypto From Regulatory Sandbox
16.5.2019
Lobbying groups are urging the Reserve Bank of India to allow crypto-related products to be tested in its regulatory sandbox
World Bank Leads Secondary Market Phase of Bond-I Blockchain Bond
16.5.2019
The World Bank and Commonwealth Bank have successfully enabled secondary market trading of a blockchain bond