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Private digital currencies are better than any state-issued version, admitted a high-ranking representative of the Swiss National Bank. Cryptocurrencies are also less risky, according to Andrea Maechler, member of the central bank’s governing board. Her comments indicate that Switzerland has no intentions to emit a state-sponsored crypto. Also read: Centralized Cryptoruble Not Possible, Minister … Read more
People who have kept close tabs on the cryptocurrency industry may have come across the term “cryptojacking” before. This particular trend revolves around hackers controlling other people’s computers or smart devices to mine cryptocurrency. A new report shows cryptojacking has gained a lot of traction in Sweden as of late. Sweden is Home to Many … Read more
How many central banks are actually considering their own version of cryptocurrency is unclear, Russia and Venezuela being the most infamous examples. To perhaps ward off serious consideration from more established economies, the Bank for International Settlements (BIS), the world’s central bank to central bankers, is suggesting state-backed crypto might destabilize commercial banks’ customer deposits, … Read more
Swedish land registry soon ready to conduct first Blockchain property transaction after two years of testing. #NEWS Go to Source Powered by WPeMatico
Thirty-five countries and the European Commission have asked the Financial Action Task Force (FATF), responsible for setting global anti-money laundering (AML) policies, to revise its standards relating to cryptocurrencies. The organization promised to present its revised AML countermeasures for cryptocurrencies at the upcoming G20 meeting of finance ministers. Also read: Indians Look to Buy Bitcoin Overseas … Read more
Pewdiepie may be late to the Bitconnect bashing party, but he’s made up for it in a searing 15-minute sketch. “Finally I can quit making Youtube videos, this is the answer BITCONEEEEEECT!” the world’s most popular Youtuber cries to his 60 million subscribers. In “How I Made My Millions! (and so can you)”, Pewdiepie also … Read more
ICO scams can take many forms. There are phishing scams, perpetrated by impostors. There are the straight-up take-your-money-and-run exit scams. And there are the pointless ICO scams which will rob investors by failing to deliver a viable working product or shipping vaporware. In the long run, these are every bit as pernicious, for not only … Read more
As News.Bitcoin.com learned two weeks ago, one of Europe’s largest banks, Nordea, will enact a company-wide policy to effectively ban its employees from owning or trading in cryptocurrency. Citing risks and perhaps looming regulation, the bank decided to act preemptively. Also read: Whistleblower Details Big Bank’s Plans to Prohibit Employees Owning Bitcoin Nordea Bank Bans … Read more
This week News.Bitcoin.com carried the breaking story alleging employees of giant Northern European bank Nordea were being forbidden by company policy from owning or trading cryptocurrency. Since publication, a bank employee, who wishes to remain anonymous, forwarded evidence the large institution is indeed going ahead with such plans. Also read: Swedish Bank Allegedly Forbids Employees … Read more
A giant Northern European bank, Nordea, has allegedly enacted a company policy which forbids its employees from owning or trading in bitcoin or other cryptocurrencies. The bank’s current executive team have a long history of on-the-record skepticism toward bitcoin. Also read: Banks in India Block Crypto Accounts Nordea Bank Allegedly Forbids Employees from Owning Crypto … Read more