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A new Blockchain trading network wants to end the dominance of big banks by allowing investors to trade any financial asset within seconds. #SPONSORED Go to Source Powered by WPeMatico
January’s crypto anonymity rules see three South Korean banks face regulatory inspections this month. #NEWS Go to Source Powered by WPeMatico
The State Bank of Pakistan (SBP) has issued a circular on the “prohibition of dealing in virtual currencies”. The measure comes right after a similar move by the central bank of neighboring India. Commercial banks and payment providers have been told to stay away from crypto operations. They should not facilitate transactions of virtual currencies … Read more
This week the Reserve Bank of India (RBI), the country’s central bank, has banned banks from dealing with cryptocurrency businesses. Indian financial institutions have three months to cease doing business with digital asset operations but some of them may stop facilitating INR settlements. News.Bitcoin.com spoke with Sumit Gupta the founder and CEO of a new … Read more
Private digital currencies are better than any state-issued version, admitted a high-ranking representative of the Swiss National Bank. Cryptocurrencies are also less risky, according to Andrea Maechler, member of the central bank’s governing board. Her comments indicate that Switzerland has no intentions to emit a state-sponsored crypto. Also read: Centralized Cryptoruble Not Possible, Minister … Read more
Reserve Bank of India announces it is considering launching its own central bank-issued digital currency. #NEWS Go to Source Powered by WPeMatico
The Reserve Bank of India (RBI), the nation’s central bank, has directed all regulated entities including banks not to provide services to businesses dealing in cryptocurrencies such as bitcoin. RBI is doing so to protect consumer interest and to slow money laundering, the bank’s press release stressed. RBI also announced formation of an official study … Read more
R3 researcher predicts wholesale central bank-issued digital currencies will launch on distributed ledger platforms in 2018. #NEWS Go to Source Powered by WPeMatico
New governor of Taiwan’s central bank recommends BTC transactions fall under AML framework. #NEWS Go to Source Powered by WPeMatico
Chairman of Kazakh National Bank cites lack of regulation and possibility for money laundering as case to ban crypto mining and exchanges to the national currency. #NEWS Go to Source Powered by WPeMatico