Auto Added by WPeMatico
Last month, news.Bitcoin.com examined the problem of quantitative easing (QE) and its impact on the U.S., and how such policies have spread to the rest of the world. This month, we continue to drill down on the phenomenon of governments printing trillions of dollars worth of fiat currency simply by pressing buttons on their computers. Value […]
The post Europe, Japan and the ‘Drug’ of Quantitative Easing appeared first on Bitcoin News.
Powered by WPeMatico
Over the past few months, there has been a lot of concern over the fact that central banks may begin issuing their own digital currencies. On paper, such a trend makes perfect sense, even though the reality may turn out to be very different. The Bank of Japan is putting its native digital currency plans on the back-burner, which is a positive development for the cryptocurrency industry as a whole. No Bank of Japan-Issued Digital Currency Central banks play a critical role in the world of finance. These institutions control the ebb and flow of the monetary supply in their respectivePowered by WPeMatico
The Bank of Japan has become the latest government financial institution to recognize the risks of state-issued cryptocurrencies. According to its Deputy Governor Masayoshi Amamiya, a national digital coin may jeopardize the traditional financial system established in developed countries. The Japanese central bank has no plans to issue its own crypto, he said. Also read: […]
The post Bank of Japan Turns Back on State-Issued Cryptocurrency appeared first on Bitcoin News.
Powered by WPeMatico
Japanese investors are undeterred by the recent Coincheck hack and the general public is now more interested in cryptocurrencies due to the constant hype in the media. Bitflyer, Japan’s largest crypto exchange by volume, is seeing a rapid increase in the number of registered users. “Ironically, many people got interested in cryptocurrencies after this incident,” […]
The post Japan Unfazed By Recent Exchange Hack Realizing Cryptocurrencies Not to Blame appeared first on Bitcoin News.
Powered by WPeMatico
It’s not the sexiest headline in the world, but so far things with bitcoin seem to be going relatively well in Japan, according to a Bank of Japan (BOJ) Director-General. With increasing calls from world leaders to unite and devise a global regulatory regime for cryptocurrencies, Japan has taken a strikingly different approach. Also read: Tezos […]
The post Bank of Japan: No Big Problems With Bitcoin So Far appeared first on Bitcoin News.
Powered by WPeMatico