Hong Kong: Central Bank Digital Currency ‘not Clearly Superior to’ Existing Infrastructure
Hong Kong official says central bank digital currency not needed right now due to the superiority of existing infrastructure Go to Source Powered by WPeMatico
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Niall Ferguson Tells Bank of England Bitcoin Is Financial System of the Future
Central bankers are being warned by researchers that the crypto revolution will overtake the system they are in-charge of preserving. Recently, British economic historian and author Niall Ferguson told the Bank of England that Bitcoin is the financial system of the future. Also Read: This Week in Bitcoin: McAfee’s Bullish Prediction and a Guy Living … Read more
Bank of England Governor: Open to the Idea of a Central Bank Digital Currency
The governor of the Bank of England Mark Carney said at an event in Stockholm that he is open to the idea of a central bank digital currency Go to Source Powered by WPeMatico
Crypto vs. RBI: India’s Banking Bitcoin Battle Shows No Sign of Letting Up
India’s banking system has taken a harsh stance against cryptocurrencies as banks dig their heels in against crypto Go to Source Powered by WPeMatico
Spanish Central Bank Governor Believes Crypto Brings More Risk Than Benefit
Bank of Spain governor thinks blockchain is immature but shows promise, and writes crypto off as too volatile and prone to money laundering use Go to Source Powered by WPeMatico
Mitsubishi, MUFG Conduct Successful Pilot Payment With Major Thai Bank’s Blockchain
Mitsubishi Group and a Singapore bank complete cross-border payment using major Thai bank Krungsri’s blockchain tech Go to Source Powered by WPeMatico
Polish Finance Ministry Rolls Back Crypto Tax, Promises Smarter Regulation
Poland’s Finance Ministry scraps its current crypto tax policy, admitting it may make traders pay “an amount often exceeding the funds invested” Go to Source Powered by WPeMatico
Five Petitions Pile Up Against India’s Crypto Crackdown – High Courts Ordered to Ignore
Five writ petitions have now been filed against the order by the Reserve Bank of India (RBI) banning banks from providing services to entities dealing with cryptocurrencies. The country’s Supreme Court has set a date to hear all petitions but has barred all other courts from accepting any new ones. Also read: US State Issues Emergency … Read more
Bitcoin in Brief Friday: UN Backs Crypto-Solar Project in Moldova, Malta Uses Blockchain in Public Transportation
Today’s Bitcoin in Brief features several examples of harnessing crypto and blockchain technologies to improve quality of life around the world. The United Nations is involved in a crypto-funded project to power Moldova’s Technical University with solar energy. Initiatives in Malta and India will employ blockchain technologies to create more reliable public transportation and land … Read more
President of Chile’s Central Bank Considers Cryptocurrency Regulation, Says It Is Useful for ‘Monitoring Risks’
Chilean Central Bank president is mulling over crypto regulation, following three crypto exchanges’ request for a clear position after closure of their banks accounts Go to Source Powered by WPeMatico
