Banks

Bitcoin Trade Drops in India Amid Uncertainty and Clampdown

3 months ago admin2 Comments Off on Bitcoin Trade Drops in India Amid Uncertainty and Clampdown
Economy & Regulation Regulatory pressures and a broadening bank clampdown have seriously affected cryptocurrency exchanges in India. Their representatives claim bitcoin trading has dropped as much as 90 percent in the last two months. Cryptos are not considered legal tender in the country and authorities have demonstrated a negative attitude towards their use. At the Read More

China: PBoC Head Says Digital Currency ‘Inevitable’, Bitcoin ‘Not Accepted’ As Payment

3 months ago admin2 Comments Off on China: PBoC Head Says Digital Currency ‘Inevitable’, Bitcoin ‘Not Accepted’ As Payment
Governor of the People’s Bank of China (PBoC), Zhou Xiaochuan, said in a press conference that authorities are not rushing to issue a national digital currency and still do not recognize Bitcoin as a legitimate payment method, reports China Daily on March 9. Zhou expressed the PBoC’s position frankly: “We do not currently recognize Bitcoin Read More

Ripple CEO Talks Liquidity And Regulation: Ultimately Governments Aren’t Going Away

4 months ago admin2 Comments Off on Ripple CEO Talks Liquidity And Regulation: Ultimately Governments Aren’t Going Away
Brad Garlinghouse, CEO of Ripple — a US-based payment network and protocol company — spoke with Cointelegraph at the Blockchain Connect conference in San Francisco earlier this year about what problems Ripple can solve in the global marketplace, and the company’s approach to government regulation and traditional finance. Garlinghouse, a Harvard Business School graduate, previously Read More

South Korean Regulator Supports ‘Normal’ Cryptocurrency Transactions

4 months ago admin2 Comments Off on South Korean Regulator Supports ‘Normal’ Cryptocurrency Transactions
Regulation The director of the South Korean Financial Supervisory Service has announced that the government will support “normal” transactions of cryptocurrencies. Acknowledging that most crypto exchanges are having problems obtaining virtual accounts, he promises to encourage banks to work with them. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Supporting ‘Normal’ Crypto Transactions The director Read More

NY Fed Economists: ‘Advanced Economies’ May Not Need Crypto

4 months ago admin2 Comments Off on NY Fed Economists: ‘Advanced Economies’ May Not Need Crypto
The Federal Reserve Bank of New York published an interview on their site Friday, Feb. 9, in which two of its economists explain cryptocurrency, highlighting crypto’s “trustless” nature, but expressing doubt that cryptocurrency could ever “realistically compete with current payment methods.” Michael Lee and Antoine Martin, both economists in the New York Fed’s Research and Read More

The Ethereumization Of Wall Street Is Inevitable: Expert Take

4 months ago admin2 Comments Off on The Ethereumization Of Wall Street Is Inevitable: Expert Take
In our Expert Takes, opinion leaders from inside and outside the crypto industry express their views, share their experience and give professional advice. Expert Takes cover everything from Blockchain technology and ICO funding to taxation, regulation and cryptocurrency adoption by different sectors of the economy. If you would like to contribute an Expert Take, please Read More

JPMorgan, Bank of America Say No to Crypto Transactions on Credit Cards

5 months ago admin2 Comments Off on JPMorgan, Bank of America Say No to Crypto Transactions on Credit Cards
Advertisement Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. The top two US banks took what little wind was left in investors’ sales today. JPMorgan Chase and Bank of America have both placed a ban on cryptocurrency transactions via credit cards, according to Bloomberg reports. The bitcoin price is holding Read More

Has the Blockchain Revolution Failed to Take Off 10 Years On?

5 months ago admin2 Comments Off on Has the Blockchain Revolution Failed to Take Off 10 Years On?
Everyone, even the biggest skeptics of Bitcoin and other cryptocurrencies have all had their positives to say about the underpinning Blockchain technology which has the potential to change the world. However, it has been 10 years since Blockchain technology came into the open, and yet we still don’t really have a major use for it. Read More

Stellar Rockets into the Cryptocurrency Top 10 After Tripling in a Week

5 months ago admin2 Comments Off on Stellar Rockets into the Cryptocurrency Top 10 After Tripling in a Week
Altcoins 2018 is still in diapers and yet the cryptocurrency top 10 is already looking very different to last year. Gone are the likes of dash, replaced by coins that have never reached these heady heights before: tron and stellar. The latter peaked at number six this week after tripling in value in seven days Read More

Traditional Banks Hate Crypto: Expert Blog

6 months ago admin2 Comments Off on Traditional Banks Hate Crypto: Expert Blog
Expert Blog is Cointelegraph’s new series of articles by crypto industry leaders. It covers everything from Blockchain technology and cryptocurrencies to ICO regulation and investment analysis. If you want to become our guest author and get published on Cointelegraph, please send us an email at mike@cointelegraph.com. Digital currency’s total market capitalization is around $500 bln Read More