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Germany’s Ministry of Finance says issuing a central bank digital currency contains “a number of risks that are not well understood” Go to Source Powered by WPeMatico
As the United States starts to get its head around the cryptocurrency space, regulation is still lacking much-needed clarity. The ICO market is carrying on as enthusiastically as possible, raising just shy of $12 billion already this year. But with the mixed messages and questions raised by the SEC, some US blockchain companies are stuck … Read more
A report from the Financial Stability Committee of the German Bundestag has found that the crypto industry is too small to pose a threat to the country’s financial stability Go to Source Powered by WPeMatico
Germany’s solarisBank launches new service to conduct business with blockchain and crypto companies in the European Economic Area Go to Source Powered by WPeMatico
Companies mining cryptocurrencies are not required to obtain a license, the Ukrainian state agency responsible for licensing regimes said this week. The annual revenue generated by the Ukrainian crypto mining industry amounts to over $100 million, according to recently published data. The country remains attractive to miners while mining costs in many other corners of … Read more
In recent regulatory news, the Shapeshift co-founder and chief operating officer, has given a damning appraisal of the current regulatory climate surrounding cryptocurrencies in the United States. The president of Germany’s Federal Financial Supervisory Authority, Felix Hufeld, has indicated that the principal concern of German regulators regarding cryptocurrency will be seeking to ensure financial stability, … Read more
Smart urbanization on blockchain is coming. Which countries and cities will be the first to adopt this progressive technology? Go to Source Powered by WPeMatico
Today’s Bitcoin in Brief features several examples of digital coins entering all spheres of life. A leading German auto manufacturer has revealed its cars may soon be fitted with onboard cryptocurrency wallets. A company now offers crypto payments for inmates in prisons across America. And in South Africa, a new token will support rhino conservationists, … Read more
Most German finance experts in a ZEW poll don’t expect crypto to be a viable every payment option by 2020 Go to Source Powered by WPeMatico
Felix Hufeld, chief of the German Financial Supervisory Authority (BaFin), the government’s main financial agency, stated in a speech at a conference held in Berlin that blockchain technology has the potential to turn the traditional finance industry upside down. Optimistic Long-Term Vision Despite the recent correction of the cryptocurrency market and the drop in the … Read more
