Visa CEO: Crypto Doesn’t Challenge Our Hegemony in the Short to Medium-Term
Visa CEO claims that crypto needs to become “somewhat like a fiat currency” before it can compete with traditional financial systems Go to Source Powered by WPeMatico
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Indian Supreme Court Sets Two Week Deadline for Gov’t to Clarify Stance on Crypto
Legal battle between the Reserve Bank of India and local crypto exchanges is nearing a close as the Supreme Court asks the government to clarify its stance within two weeks Go to Source Powered by WPeMatico
Bitcoin’s Low Volatility Signals Bottoming as ‘Speculation Leaves,’ Bloomberg Analyst Says
Bloomberg’s experts say Bitcoin’s low volatility levels suggest the coin is finding a price bottom Go to Source Powered by WPeMatico
Mastercard Patent Claims Cryptocurrency Can Benefit From Fractional Reserve Banking
“Methods for managing fractional reserves of blockchain currency” form basis of new Mastercard patent Go to Source Powered by WPeMatico
Cryptocurrency ‘Illegal’ In India Says Trade Organization Head
The president of a prominent Indian IT trade organization claimed that crypto was “illegal,” after two men installing a Bitcoin ATM were arrested in Bangalore Go to Source Powered by WPeMatico
Ripple Reports Double Revenue From XRP Token Sales in Third Quarter of 2018
Technology startup Ripple has released its quarterly financial report, saying it doubled revenue from XRP token sales in the third quarter Go to Source Powered by WPeMatico
North Korea Allegedly Backed Two Cryptocurrency Scams This Year
North Korea has allegedly backed two scam altcoins this year, according to a report by U.S. security firm Recorded Future Go to Source Powered by WPeMatico
Reserve Bank of Australia Official ‘Not Convinced’ of Need for Digital Dollar
Reserve Bank of Australia assistant governor Michelle Bullock said that the bank has not seen a compelling business need to issue a digital Australian dollar Go to Source Powered by WPeMatico
House of Nakamoto Opens in Amsterdam
The House of Nakamoto, an Austrian project helping newbies enter the cryptocurrency world, has recently opened a new store in Amsterdam. Residents and guests of one of the most bitcoin-friendly cities in Europe can now learn about electronic money, get a starter kit with a hardware wallet and load it with digital coins. Also … Read more
IBM Study: Most Global Financial Firms Think Central Banks Should Issue Digital Currencies
The majority of global financial institutions surveyed believe that central banks should issue state-backed digital currencies, a joint report by IBM and OMFIF says Go to Source Powered by WPeMatico