Bank For International Settlements Distances Itself From Centralized Digital Currencies
Joint European banking report wary of digital currencies issued by banks. #NEWS Go to Source Powered by WPeMatico
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Finnish Crypto Exchange Risks Collapse As Banks Refuse To Do Business
Finnish crypto exchange Prasos Oy risks collapse as banks refuse to work with crypto-related platforms. #NEWS Go to Source Powered by WPeMatico
Excessive Crypto Regulation Not Optimal, EU Banking Authority Says
The Chairman of the European Banking Authority has spoken against excessive regulation of the crypto sector, warning it might constrain financial innovation. Outlining EBA’s position in regards to the supervision of the Fintech industry, Andrea Enria said regulators need to maintain a “measured approach”. Next week EBA will publish a roadmap, which defines a series … Read more
Cryptocurrencies vs. Banks: Advantage of Decentralized Financial Systems
Cryptocurrencies offer financial freedom and independence, which banks cannot provide #ANALYSIS Go to Source Powered by WPeMatico
China: PBoC Head Says Digital Currency ‘Inevitable’, Bitcoin ‘Not Accepted’ As Payment
Despite not recognizing Bitcoin for payments, PBoC governor Zhou Xiaochuan said digital currency will “inevitably” grow. #NEWS Go to Source Powered by WPeMatico
SWIFT’s Blockchain Pilot For Bank-To-Bank Transfers Went ‘Extremely Well’
SWIFT pilot project for DLT technology use in bank-to-bank payments went “extremely well.” #NEWS Go to Source Powered by WPeMatico
Despite Crackdown on Trading, Crypto and Blockchain in China Are Alive
Crypto in China is alive despite all bans. Chinese exchanges, digital currencies and Blockchain projects by conglomerates prove it #ANALYSIS Go to Source Powered by WPeMatico
Steve Bannon Lauds Cryptocurrency As A Tool To Resist the ‘European Establishment’
Former Trump strategist Steve Bannon speaks in Switzerland about the ability of cryptocurrency to fight the European establishment. #NEWS Go to Source Powered by WPeMatico
Korea’s Mandatory Crypto Real-Name System Neglected – 19% Conversion Rate
South Korea’s real-name system for cryptocurrency trading has been enforced for over a month, but most accounts have not been converted to the new system. Banks are still not converting accounts for most crypto exchanges and the government will not force them or investors to use the new system. Also read: Indians Look to Buy Bitcoin … Read more
Ripple CEO Talks Liquidity And Regulation: Ultimately Governments Aren’t Going Away
Ripple CEO speaks with CT about long-term value in crypto, and why Ripple embraces regulation. #NEWS Go to Source Powered by WPeMatico
