Bank of Finland Releases Scathing Crypto Report, Calls Digital Currency a “Fallacy”
Bank of Finland crypto report calls blockchain a “centralized ledger” and digital currencies a “fallacy” Go to Source Powered by WPeMatico
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Indian Crypto Exchanges Launching P2P Trading Services – Bypassing RBI Ban
With the impending banking ban by the Reserve Bank of India, cryptocurrency exchanges in the country are scrambling to find banking alternatives. Two Indian exchanges have announced that they are launching P2P crypto trading services which will allow traders to buy and sell crypto legally even after the central bank’s ban. Also read: Yahoo! Japan Confirms … Read more
Major Indian Cryptocurrency Exchange Shares What to Expect When RBI Ban Begins
The banking ban by India’s central bank is set to begin on July 5. One of the largest crypto exchanges in the country, Unocoin, is working on banking alternatives. News.Bitcoin.com spoke with the exchange’s CEO about what to expect when the ban begins, trader sentiment, and possible ways to bypass the ban. Also read: Yahoo! Japan … Read more
Bank of England: Deputy Governor Warns Financial Institutions of Crypto Asset Risks
Financial institutions must be extra aware of their involvement with crypto assets, making sure to follow all guidelines, say Bank of England in mass warning letter Go to Source Powered by WPeMatico
Cryptocurrency to Fiat Transactions Remain High in the Philippines
The Filipino central bank has revealed that the trade between fiat and cryptocurrencies on authorized bitcoin exchanges in the Philippines has maintained its high level for the country from the boom time of late 2017 during the first quarter of this year. Also Read: US Authorities Seize Over $20M in Crypto in Massive Darknet Crackdown … Read more
Crypto Exchange Resumes Trading in India Despite Problems with Banks and RBI
Cryptocurrency exchange Belfrics has resumed trading operations in India after halting earlier this year due to banks refusing to provide payments solutions to the exchange. Belfrics has also added four more cryptocurrencies to its platform, with 20 more planned for the next six months. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Belfrics Resumes … Read more
Swiss National Bank Board Director: Central Banks’ Interest in Issuing Crypto Has Waned
According to a board member at the Swiss National Bank, enthusiasm has waned for issuing a state-backed digital currency Go to Source Powered by WPeMatico
The Daily: Analysts Predict Bitcoin Will Rebound, Enthusiasm for State Coins Lost
In today’s Bitcoin in Brief we mention some optimistic mid to long term predictions for crypto markets. And while decentralized currencies are hurting in a bearish month, the prospects for state-issued virtual money look even dimmer. Another senior Swiss central banker has noted the diminishing enthusiasm of governments to mint digital coins. Venezuela gives an … Read more
Bahamas Central Bank to Launch Pilot Digital Currency
The Bahamas’ central bank has announced plans of introduction of a national digital currency, as well as develop blockchain-based projects Go to Source Powered by WPeMatico
The BIS’ Report on Crypto as Money: A Critical Review
The Bank of International Settlements doesn’t think that crypto can substitute money. Is their criticism justified? Go to Source Powered by WPeMatico
