Bank of Canada Study Finds 58% of Canadians Own BTC for Investment Purposes
Canadians are reportedly using Bitcoin mainly for investment purposes, says a report conducted by the Bank of Canada Go to Source Powered by WPeMatico
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Ex-JPMorgan Exec: Blockchain May Be Key to Avoiding Next Global Financial Crisis
The former VP of N. American investment banking at JPMorgan Chase says that blockchain technology “may be the key to avoiding the next global financial crisis” Go to Source Powered by WPeMatico
Over 500 BTC Belonging to Iranians Seized by US Government: Report
According to the head of Iran’s Blockchain Association, over 500 BTC belonging to Iranians were confiscated by the U.S. government last year, and the number is still rising. He explains that Iranians are unable to take action through proper channels from within their country due to Iran’s legal status of cryptocurrency. Also read: Yahoo! Japan Confirms … Read more
Bank of Canada Study Finds Double Spending in Blockchain is ‘Unrealistic’
A Bank of Canada study finds that a “dishonest” miner is unlikely to cheat by double spending due to a need for “deep pockets” Go to Source Powered by WPeMatico
Reserve Bank of India Urges Supreme Court to Regulate Crypto
The Reserve Bank of India urged the Supreme Court to regulate crypto, following the court’s postponement of a hearing on the bank’s ban on crypto dealings Go to Source Powered by WPeMatico
New BATM Supporting BTC, BCH Launches in Sofia
A crypto teller machine exchanging a number of cryptocurrencies with fiat, including bitcoin (BTC) and bitcoin cash (BCH), will be operational next week in a Sofia mall. The BATM is a two-way device that will accept euro, dollar and Bulgarian lev deposits. It will also buy cryptos and print paper wallets. Also read: Eastern … Read more
Indian Central Bank Makes a Case Before Supreme Court Against Allowing Crypto Use
India’s central bank told the country’s supreme court on Friday that “allowing dealings in cryptocurrencies like bitcoin would encourage illegal transactions.” Other crypto petitions being heard include one asking the government to “take emergency steps to restrain the sale and purchase of illegal cryptocurrencies.” Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space RBI’s Argument … Read more
BBVA Signs $117 Mln Blockchain-Powered Corporate Loan
Spanish bank BBVA signed a new blockchain-powered loan, having completed the first global blockchain-based pilot on loans and corporate finance Go to Source Powered by WPeMatico
CME Report: Bitcoin Futures Average Daily Volume up 93% in Second Quarter
CME revealed that Bitcoin futures average daily volume grew by 93 percent in Q2 over the previous quarter in 2018, while open interest is up 58 percent Go to Source Powered by WPeMatico
India: Supreme Court Decision on Central Bank Crypto Dealings Ban Moved to September
India’s Supreme Court will hold the final arguments regarding the RBI directive against crypto hearings in September Go to Source Powered by WPeMatico
