Bank of Japan Governor Haruhiko Kuroda has joined the ranks of many central bankers denouncing bitcoin but admits there is potential in stablecoins.

The post Bank of Japan Embracing Stablecoins Potential but Still Wary of Crypto appeared first on BeInCrypto.

Lars Rohde of the Danish Central Bank says that crypto-assets such as Bitcoin and other cryptocurrencies are a fad that the central bankers can ignore.

After showing some good momentum northwards over the last week, Bitcoin (BTC) is down today by 9% wiping out all its weekly gains. Over the last week, central banking authorities have been attacking Bitcoin for its recent volatility and the latest to join is Bank of Japan Governor Haruhiko Kuroda. During an interview with Bloomberg,

The post Bitcoin (BTC) Wipes Out Weekly Gains With 9% Fall As BoJ Governor Casts Doubt On the Crypto appeared first on Coingape.

It's red all over again as Bitcoin down is 8%.

The Bank of Japan governor said the top cryptocurrency is far too volatile, isn't used as a settlement layer, and is backed by nothing.

Emefiele said the Nigerian government will do its best to prevent crypto from being used to finance illicit activities.

Earlier this week, head of South Korea’s central bank Lee Ju-yeol warned that leveraged crypto trading was a threat to the country’s financial system.  “An excessive level of leveraged cryptocurrency trading puts households at risk of financial damages considering the instability of [crypto],” he said. We expect [the increasing amount of crypto trading] to have […]

Bank of Japan governor Haruhiko Kuroda questioned Bitcoin’s use case during an interview yesterday, business news outlet Bloomberg reported.

The post Bank of Japan governor slams Bitcoin, questions its usage in settlements appeared first on CryptoSlate.

The deputy governor of Bank of Canada has previously indicated that their plan to create cryptocurrencies will be more eco-friendly than Bitcoin.

The adoption of crypto in the US got a new push as Colorado Governor Jared Polis is eager to accommodate legislation for state tax payments via cryptocurrencies, as per a report on news outlet The Independent.

The post U.S. state of Colorado considers tax payments via crypto appeared first on CryptoSlate.

By Elizabeth Culliford (Reuters) - Two tech trade groups filed a lawsuit against Florida on Thursday over a new law that would fine...