Tag: cryptocurrencies

  • CryptoRuble
    Crypto

    Is Russia on Its Way to Adopting Its Own State-Backed CryptoRuble?

    Russia may be on the way to adopting its own central bank digital currency, according to Anatoly Aksakov, chair of the State Duma’s Financial Market Committee. The Russian Parliament is studying three bills, introduced in March, to regulate smart contracts, digital currencies, cryptocurrency mining, and initial coin offerings (ICOs). Now...

    Ricardo Esteves | November 8, 2018 | 11:00 pm
  • Israel
    Blockchain

    Bank of Israel Doesn’t Recommend Launching Bank-Backed e-Shekel

    The central bank of Israel has published a summary of the work of its interdepartmental team to examine central bank digital currency and its eventual use in the country’s financial system. The research found there are no proper grounds for a decision to recommend issuing digital currency as of...

    Ricardo Esteves | November 7, 2018 | 11:30 pm
  • Bitcoin
    Bitcoin

    Ex-Fed Chair Yellen Rants Against Bitcoin: “I Am Not a Fan”

    Janet Yellen, former Chair of the Federal Reserve, shared her dislike of Bitcoin in a five-minute speech at CFA Montreal. The ex-central banker mentioned its little transactional volume, connection to terrorist activities as well as money laundering, and inefficiencies for the purpose of processing payments. Janet Yellen Forgets...

    Ricardo Esteves | November 1, 2018 | 12:00 am
  • india
    Blockchain

    SBI Partners With Hitachi to Build Digital Payments Platform in India

    Hitachi Payment Services, the Indian-based subsidiary of Hitachi, has entered a joint venture with State Bank of India for the establishment of a digital payments platform, pending regulatory approval. The announcement comes at a time when the Supreme Court asked the Indian government to state its policy towards cryptocurrency...

    Ricardo Esteves | October 30, 2018 | 6:00 am
  • Mastercard
    Blockchain

    Mastercard Wins Patent for “Managing Fractional Reserves of Blockchain Currency”

    Mastercard has won a patent for fractional cryptocurrency banking, which suggests the global payments multinational has plans for a management system of fractional reserves of blockchain currency. Mastercard Blockchain Patent Integrates Existing Traditional Payment Networks with Blockchain Currencies The patent, filed on 29 June 2018, refers to “the...

    Ricardo Esteves | October 29, 2018 | 8:00 pm
  • ICO
    Technology

    Swissquote Becomes First Bank Worldwide to Launch ICO Service

    Online Swiss bank Swissquote announced the launch of its ICO offering, becoming the first bank worldwide to allow customers to buy tokens issued within an initial coin offering (ICO) supported by the Swissquote platform. Swiss Diamond Producer Set to Raise $60.73 Million in First Bank-Mediated ICO Ever As...

    Ricardo Esteves | October 22, 2018 | 8:05 pm
  • Cryptocurrencies
    Bitcoin

    SEC Establishes FinHub to Engage Public on Cryptocurrencies

    The U.S. Securities and Exchange Commission (SEC) has announced the launch of the Strategic Hub for Innovation and Financial Technology (FinHub) to promote public engagement on fintech-related issues and initiatives, including blockchain technology and cryptocurrencies. SEC Launches FinHub Portal in Connection with the Issuance of Its DAO Report FinHub,...

    Ricardo Esteves | October 19, 2018 | 10:15 pm

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