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The future viability of Bitcoin’s use of the proof-of-work consensus has been called into question by a report from the Bank of International Settlements
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Bitcoin’s problems are only solvable by departing from proof-of-work, according to research conducted by the Bank for International Settlements
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A new report from the Bank for International Settlements has found that 70 percent of central banks are conducting research into central bank digital currencies
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An Executive Board member of the European Central Bank considers Bitcoin to be the “evil spawn of the [2008] financial crisis”
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In recent regulatory news, a report published by Diar has found that U.S. government agencies have paid approximately $5.7 million USD to blockchain analysis contractors, India’s Enforcement Directorate has seized $5.9 Million worth of assets linked to the case of Amit Bhardwaj, and the Bank of International Settlements finds cryptocurrencies to “not, at this point, […]
The post Regulations Roundup: U.S. Govt. Pays $5.7 Million for Blockchain Analysis, Amit Bhardwaj’s Assets Seized appeared first on Bitcoin News.
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A new report from the Bank for International Settlements has shown a strong correlation between crypto prices and news of regulators’ interventions
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From the sublime to the smutty, today’s Bitcoin in Brief runs the full gamut of emotions and stories. These include Bittrex’s new foray into Europe, EOS’ quest to offload its billion-dollar warchest and Jackson Palmer’s viral new project, 50 Shades of Blockchain. Also read: Switzerland Considers Granting Crypto Businesses Access to Banking Services Bittrex Teams Up […]
The post The Daily: Bittrex Invades Europe and Blockchain Gets Raunchy appeared first on Bitcoin News.
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South Korea’s top financial regulator recently told 23 other countries’ regulators that the kimchi premium has fizzled since the anonymous trading of cryptocurrencies was banned in the country. Now, the government is introducing a new guideline to prevent local crypto exchanges from buying cryptocurrencies at foreign exchanges. Also read: Yahoo! Japan Confirms Entrance Into the Crypto […]
The post South Korea Thinks Real-Name System is Working – Stepping Up Crypto Monitoring appeared first on Bitcoin News.
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The Bank of International Settlements (BIS) has leased a chapter from its forthcoming annual report that delivers a critical appraisal of bitcoin and cryptocurrency. The report attacks virtual currencies from several main standpoints: claiming that cryptocurrencies do not effectively perform monetary functions due to price volatility, that the retail adoption of blockchain-based payment mechanisms would […]
The post Retail Adoption of Crypto Would “Bring the Internet to a Halt” – BIS Report appeared first on Bitcoin News.
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