Bookmarking Crypto Insights
Auto Added by WPeMatico
Iran is toying with the idea of lopping zeros off its national currency as inflation goes through the roof. History tells us this is rarely a good idea. Cryptocurrency provides an alternative for those living in countries where the fiat currency is being rendered worthless. Crypto adoption in Iran is growing steadily, with government economic … Read more
An Indian research institute established by the country’s central bank has developed a roadmap for blockchain implementation in the country’s banking sector Go to Source Powered by WPeMatico
Huw van Steenis, senior adviser to the Governor of the Bank of England, says that cryptocurrencies fail fundamental financial tests and are slow Go to Source Powered by WPeMatico
Bitcoin’s problems are only solvable by departing from proof-of-work, according to research conducted by the Bank for International Settlements Go to Source Powered by WPeMatico
A licensing system should be introduced for crypto services, according to official advice received by Pete Hoekstra, the Netherlands’ Minister of Finance Go to Source Powered by WPeMatico
Malaysia’s finance minister has announced that the order to regulate cryptocurrencies and initial coin offerings as securities has come into force. Crypto service providers and exchanges are required to obtain authorization from the country’s Securities Commission, which will work with the central bank to ensure compliance. Also read: Indian Supreme Court Moves Crypto Hearing, Community Calls … Read more
Ukraine’s central bank official believes that overregulation is harmful to the crypto sector, urges government to ease control Go to Source Powered by WPeMatico
An excessive number of regulatory agencies are interfering with the prospects of successful development of cryptocurrencies in Ukraine, according to a high-ranking representative of the country’s central bank. What the sector needs instead is proper regulations and laws that will allow it to grow, the banker insists. Also read: Cryptocurrency Exchanges Eye Russia for Expansion … Read more
The head of Israel’s National Economic Council and senior economics advisor to the prime minister has denounced Bitcoin as “intrinsically inefficient,” predicting it will disappear Go to Source Powered by WPeMatico
A member of the European Central Bank’s decision-making body has stated that cryptocurrencies will end up a “complete load of nonsense” Go to Source Powered by WPeMatico