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Tag: National Bank

Swiss National Bank Economist States Blockchain is Unsuitable for CBDC

Carlos Lenz, the chief economist at Swiss National bank(SNB), thinks that blockchain technology is unsuitable for a central bank digital currency(CBDC). 

Wealthtech: d1g1t, which Leverages Analytics and Risk Management Tools for Wealth Management, Secures CAD 16M

d1g1t Inc., the provider of an enterprise-grade wealth management solution powered by analytics and risk management tools, has finalized a new round of...

Blockchain not suitable for CBDC, says Swiss national bank economist

Global economists continue to question the implications of blockchain implementation for central bank digital currencies.

Bitcoin Stabilized in Asian Trading after Two-week Low

Bitcoin price settled in Asian exchanges after an explanation from China’s national bank reaffirming the continuous crackdown on digital currencies in the nation sent the world’s biggest token to a fourteen day low. Bitcoin was last up 3.17% at 32,600, having dropped over 10% on Monday. Ether, the second-greatest digital money, was up 3.54% at 1,950 in the wake of [...]

The post Bitcoin Stabilized in Asian Trading after Two-week Low appeared first on Coin News Asia.

5 Best Cryptocurrencies To Buy Now – June 2021 Week 4

Here are the 5 best crypotcurrencies to buy now. The cryptocurrency market has stabilised after its mid-week plunge. Having tumbled to $1.16 billion on June [...]

Virtual card fintech raises $3M to extend reach in Latin America, Caribbean

Digital card payment platform provider Moca announced Tuesday a $3 million series B funding round that will allow the platform to expand its...

$3.6B Worth Bitcoins Scam, Founders of South African Crypto Exchange Africrypt Are Missing

The total value of $3.6 billion Bitcoins disappeared while the founders of South African cryptocurrency exchange AfriCrypt are missing, Bloomberg reported. A pair of...

Legendary Investor Stanley Druckenmiller on Bitcoin, Ethereum, and Dogecoin

In a recent interview, American billionaire investor Stanley Freeman Druckenmiller shared his latest thoughts on crypto. Druckenmiller started his career as an equities analyst at Pittsburgh National Bank. Then in 1981, he founded investment firm Duquesne Capital Management, which had a positive return every year until he decided in August 2010 to quit the hedge fund […]

Iranian police seize 7000 crypto computer miners in an abandoned factory

TL;DR Breakdown • Crypto computer mining operations are suspended for four months, according to government orders.• Iran is a cryptocurrency mining paradise; many companies in China use it. Iranian authorities detained 7,000 computer miners at an illegal cryptocurrency station. For now, this is the biggest haul obtained by the Iranian police since the cryptocurrency market […]

Bank of France, SEBA Bank Say CBDC Securities Settlement Test a ‘Success’

The experiment was undertaken as a delivery vs. payment project, with tokenised securities handled…

The post Bank of France, SEBA Bank Say CBDC Securities Settlement Test a ‘Success’ appeared first on Coin Journal.

Is Bitcoin Price Falling Because of China Mining Crackdown?

Things aren’t as ruddy on the opposite side of the world. Be that as it may, one portion of the world appears to be agreeable to managing crypto and keeping it alive, the other half is by all accounts against it. China, the country that houses the majority of the world’s Bitcoin mines, as of late began a crackdown against [...]

The post Is Bitcoin Price Falling Because of China Mining Crackdown? appeared first on Coin News Asia.

Ukraine Parliament modifies virtual assets bill to regulate cryptocurrencies 

The modified version of the draft law “On Virtual Assets” was released by the Ukrainian parliament to better regulate cryptocurrency transactions in the country.  The updated draft law included measures such as ownership disclosure, making KYC procedures mandatory, and the need to obtain government authorization.  The Digital Transformation Committee of the parliament recommended the adoption […]

The post Ukraine Parliament modifies virtual assets bill to regulate cryptocurrencies  appeared first on BitcoinerX.

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